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Podcast: Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
Episode: Zac Williamson & Joe Andrews: Aztec - Privacy-preserving, hybrid ZK rollup
Description: In order to achieve true transaction privacy, it is not enough to encrypt or build ZK proofs for transaction bundles, as long as the underlying blockchain uses an account-based model. Aztec is building a ZKVM that superposes an UTXO model, so that balances are constantly updated as new, untraceable, log entries. The upcoming Aztec 3 aims to enable privacy-preserving smart contracts, using a hybrid, multi-layered rollup. This approach allows for both public and private smart contracts to be executed simultaneously.We were joined by Zac Williamson & Joe Andrews, to discuss the evolution of Aztec, from ZK Money to...