About statelessness
ETHTokyo·Fri, Sep 20, 2024, 05:55 PM · 03:06
Talk Session by Intmax.
Transcript
Leona from Intmax, please put your hands together. Hi, I'm Leona from Intmax. Intmax is a stateless layer 2, which provides our extreme scarcity and privacy at the same time. I want to talk about the privacy today. So, yeah, privacy.
It's great and it sounds precious. And it recently sounds a bit conservative, sorry, controversial. And so privacy is one of the biggest topics in this space. And at the same time, it's a super underrated topic in this world, not limited to crypto, but also the entire world. but also entire world.
So, yeah. I want to ask you whether or not you've used Tornado Cache before, but it's a privacy stuff, so please raise your hand if you have used Tornado Cache or you love Tokyo. So raise your hand. Okay, okay, got it. So yeah, so what was the problem of trunet cache and also how we can fix it.
So basically, Intmax is a stateless layer too and it's kind of mysterious stuff. So sometimes it works like a lightning network and sometimes it works like a load-ups and sometimes it works like a roll-up, and sometimes it works like a tornado cache or the other privacy protocol. Let's say it's a kind of compliant version of tornado cache or unshady version of tornado cache. Why we can make that part non-shady but shiny? So half years ago, Vitalik, Amin Suleimani, and our chain analysis people published a paper to make a compliant on the flexible privacy.
So you can prove that your money is not mixed with the criminal's funds by cryptography, by ZKP. Now this is a direction of the new kind of ZKP. And I'm pretty sure that this direction makes a huge change, which overtakes their privacy space entirely, in my opinion. So that's the reason why we can, yeah, this is another reason why we can make privacy or kind of privacy protocol compliant, not shady but shiny. So we will start privacy mining in October and pre-join that.
You can have both, of course, reward and also the shiny privacy. So yeah, please join the privacy mining. You don't have to use your kind of special mining machine, or you don't need to set up node. Only you need a phone or laptop, so yeah, please join that in October. Thanks so much.
Automatic transcript — names and jargon may be misspelled.