Ethereum Cohort

Our ecosystem is built upon two fundamental pillars: Stablecoins and Oracles. However, achieving true decentralization in the realm of stablecoins remains a challenging feat. Nobody truly provides a decentralized stablecoin, for example: USDC and USDT are fully centralized, subject to the authority of centralized entities DAI Treasury is composed of ~80% of USDC or RWAs GHO is back with crypto collateral, operates under the governance of AAVE, so it’s subject to potential conflicts interest. However, they do not adhere to some of the core principles of the DeFi community, notably decentralization and open-source values. ...

In this post, I will only provide an introduction to Intent and its risks. Resources used: Lagrangian Intent Research Introduction Today, we have two ways to interact with a Blockchain: By using a centralized exchange, we delegate the control of our keys and funds to third parties. This provides a better user experience, but we do not retain any sovereignty. Self-custody and self-interaction with the blockchain: We maintain control of our keys and initiate our blockchain interactions. We must be prepared to navigate a jungle, which entails higher risks of scams, but it also allows us to retain our sovereignty. Well, Intents are in between. You keep your sovereignty, but you enable “how much I accept to delegate to third parties”. ...

What I want to explain on this blog post? I want to explain why zkp are useful with a product view. Showing some examples. I will abstract to explain how zkp works. And open on some social benefices. Currently, if we want to prove x is true, we need to reveal some information about why x is true by showing how is happened and convince the audience. With Zero Knowledge Proof, we can convince a statement/fact is true without revealing any additional information, about how is happened. The magic of ZK proofs is that they are “proofs” in the mathematical sense of the word: all true statements can be proved, and only true statements can be proved. ...