Why Solana Needs Privacy For Mass Adoption | Elusiv, Light Protocol

Jorrit Palfner and Yannik Schrade join us to discuss why privacy is required for crypto to go mainstream. Jorrit (Light Protocol's co-founder) and Yannik (Elusiv's co-founder) are building Solana's leading privacy protocols. This discussion is more technical than usual, but the insights are incredible. We discuss the implications of private computation, how Light and Elusiv bring privacy onchain, the risks of zero-knowledge proofs, why build privacy on Solana and not an SVM rollup and more! - - Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks. Use the link below to learn more, and use LIGHTSPEED20 to get 20% off your ticket! Sign up now because the price goes up every month. See you there! Learn more + get your ticket here: https://blockworks.co/event/digital-asset-summit-2024-london/home - - Timestamps (00:00) Introduction (00:44) Privacy is Required for Mass Adoption (04:36) Why Privacy Isn't the Default (12:37) What is a ZK Proof? (14:47) How Light and Elusiv Bring Privacy Onchain (32:17) DAS London Plug (33:14) Will ZK Complexity Increase a Protocol's Risk? (37:21) How Will Privacy Work With Public Applications? (47:44) Homomorphic Encryption and Multiparty Computation (MPC) (53:33) Token2022 and Why Build On Solana - - Follow Jorrit: https://twitter.com/ananas_light Follow Yannik: https://twitter.com/yrschrade Follow Mert: https://twitter.com/0xMert_ Follow Garrett: https://twitter.com/GarrettHarper_ Follow Lightspeed: https://twitter.com/Lightspeedpodhq Subscribe on YouTube: https://bit.ly/43o3Syk Subscribe on Apple: https://apple.co/3OhiXgV Subscribe on Spotify: https://spoti.fi/3OkF7PD Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - Resources Light Protocol https://twitter.com/LightProtocol https://shield.lightprotocol.com/ Elusiv https://twitter.com/elusivprivacy https://www.elusiv.io/ - -  Disclaimers: Lightspeed was kickstarted by a grant from the Solana Foundation. Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.