Ameen Soleimani of Privacy Pools | Unpacking Privacy Pools – Motivations, Mechanics, and Tradeoffs

Corey, D, and Jesse chat with Ameen about the motivations behind Privacy Pools, historical references including Tornado Cash and Z Cash, as well as the mechanics and tradeoffs associated with the approach. Topics Covered in this episode:  Motivations and history – Ethereum, Coinbase, Tornado Cash, zk-SNARKs, Zcash. How Privacy Pools work – Setup, deposits, association sets, analysis Complexities and Challenges in added infrastructure and coordination Responsibilities and compliance Open source development and how to get involved JOIN THE COMMUNITY Logos State Twitter: https://twitter.com/Logos_network Logos Discord: https://discord.gg/logosnetwork Logos Press Engine: https://press.logos.co/ RESOURCES: Ameen X Privacy Pools Paper Privacy Pools Website Privacy Pools Github Fundraiser for Roman Storm and Alex Pertsev TIMESTAMPS 00:00 Intro 5:00 Introducing Amen 6:30 Why dive into privacy now? 8:25 Corey’s interpretation and background to the Privacy Pools paper 11:35 Ameen's motivations for Privacy Pools - history of Ethereum, Coinbase, zk snarks, Z Cash 11:50 Tornado Cash compliance tool and enhancing the power of compliance 17:30 Is privacy all or nothing? 20:30 Mechanics of the privacy pool setup. Deposits, association sets, analysis 22:15 Week long dispute of proofs and tradeoffs 24:00 Versions of Privacy Pools, shielded pools, z-cash comparison 27:00 Maintaining decentralization while working in different jurisdictions 28:46 The consequences and challenges of building on open systems vs base layer privacy 32:15 Additional coordination complexity and anonymity sets 34:35 “Goblins” or small scale thefts and edge case hacks 39:15 Who will manage the burden of infrastructure? Wallets and important role of relayers. 46:40 Are Association Set Providers a new set of core users? 51:00 Narratives are powerful for positive use cases to prevail 51:58 Who is responsible for judging the association sets of the association set providers? 56:00 Privacy Pools is just better than the status quo 56:37 Open source developers working in the space with OFAC. Tornado Cash 1:02:40 Describe Privacy Pools in ten words or less 1:03:20 Is what you do difficult? 1:05:20 Roundtable with Corey, D, and Jesse
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