Tucker is in some corner of Elon's basement testing to see what he can get away with, while Elon is cozying up with Putin. Plus, Santos' oppo on himself, and the potential Saudi deal. Tim Miller joins Charlie Sykes for the weekend pod.
CoinDesk Podcast Network - UNCHAINED: Could This Vitalik-Backed Protocol Bring Privacy to a Regulated Crypto World?
Earlier this week, Ethereum co-founder Vitalik Buterin and four co-authors published a paper describing a smart contract protocol called privacy pools that would enable crypto users to associate their funds with those being used for legitimate purposes versus those being used in criminal activity such as hacks or money laundering. The protocol addresses one of the main shortcomings of coin mixer Tornado Cash, which has been sanctioned by the U.S. government.
Chainalysis chief scientist Jacob Illum, one of those co-authors, discusses the impetus for the paper, the technology behind privacy pools and how they would work in practice, who would provide some of the necessary organization to operate the pools, and some of the early criticisms of the paper.
Show highlights |
- What the current state of crypto privacy is and what the motivation was to write this paper?
- What privacy pools are and how they work.
- How zero-knowledge proofs are the key technology behind privacy pools.
- What the role of association set providers is in making this new technology work?
- What would happen in different potential scenarios, such as a "bad address" being discovered after a transaction has been made?
- How the protocol would protect the privacy and identity of the users.
- How law enforcement, credit score agencies, and other organizations could have "special viewing privileges" of transactions, according to Jacob.
- How the community has been reacting to the recently published paper.
- Jacob’s response to criticisms the paper has received from industry players.
- Why Chainalysis participated in the paper given that many people see them as 'anti-privacy'.
Thank you to our sponsors!
Crypto.com | Arbitrum Foundation | Thales DAO | Toku
Guest |
Jacob Illum, chief scientist at Chainalysis
Links |
Unchained: Tornado Cash Cofounder Arrested, Another Sanctioned by U.S. Government
CoinDesk: Crypto-Mixing Service Tornado Cash Blacklisted by US Treasury
Blockchain Privacy and Regulatory Compliance: Towards a Practical Equilibrium
Matt Corallo’s tweet
Crypto lawyer Preston Byrne’s tweet
Previous coverage of Unchained on Tornado Cash:
The Chopping Block: 'Code Is Law' Is 'Obviously Not How Anything Works Ever'
The Chopping Block: Why DeFi May Be Over-Complying With Tornado Cash Sanctions
Preston Van Loon on Ethereum’s Merge and His Lawsuit Against TreasuryGiven the Sanctions on Tornado Cash, Is Ethereum Censorship Resistant?
The Chopping Block: Did OFAC Overstep by Sanctioning Tornado Cash?
Tornado Cash Sanctioned. Did the Government Overstep Its Bounds?
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Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
CoinDesk Podcast Network - MARKETS DAILY: Crypto Update | Bitcoin Shows Signs of Life
Plus: Ryan Salame, a top FTX executive who played a key role in the exchange’s political fundraising operations, pleaded guilty on Thursday to federal criminal charges.
Today's episode is sponsored by Kraken Pro.
Today’s Stories:
First Mover Americas: Bitcoin Shows Signs of Life
Bitcoin Halving is Nice, but Kickstarting Bull Run Requires Fiat Money Supply Growth
U.S. Interest Rates High Enough to Tame Inflation, Avoid Recession: Chicago Fed
Ex-FTX Executive Ryan Salame Could Forfeit $1.5B as Part of Guilty Plea
11,196 Years Jail Sentence for Faruk Özer, CEO of Collapsed Turkish Crypto Exchange Thodex
CFTC Commissioner Pitches Pilot Program for U.S. Crypto Regulation
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Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.
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This episode was hosted by Michele Musso. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Chapo Trap House - 765 Teaser – Two Tool Dick
We’re joined by @ettingermentum to discuss Ron DeSantis’s prodigious dick riding skills, and how he compares unfavorably to America’s other Dick-Rider-In-Chief, LBJ.
Subscribe today for access to the full episode and all premium episodes!
www.patreon.com/chapotraphouse
Stuff They Don't Want You To Know - Oh, The Places You Can’t Go
It's a wide, beautiful, and at-times terrifying world -- and, these days, it may seem more connected than ever. However, make no mistake: it's also full of place you cannot go. In tonight's episode, Ben, Matt and Noel explore some of the world's most forbidden places -- and why certain forces conspire to keep you away.
See omnystudio.com/listener for privacy information.
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Mark Halperin joins us to figure out why Democrats are scared to step up and challenge Joe Biden even as Democratic voters beg for an alternative. And why are Republican candidates, except for Donald Trump, scared of traditional media? Plus the second installment of the Commentary Magazine Podcast Mailbag. Give a listen.
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Focus on Africa - Gabon coup latest
We go to Gabon to get the latest on the situation in the country, after the military forced President Ali Bongo from power. The transitional authorities have held talks with dissidents jailed under Ali Bongo, and have freed some political prisoners.
An update from Kadugli in Sudan, an area that has been experiencing heavy fighting in recent weeks. Tens of thousands of people have been displaced there, as the country as a whole faces up to a dire humanitarian situation. Plus should Africa's hopes for the rugby World Cup rest on the current champions - South Africa?
CBS News Roundup - 09/08/2023 | World News Round Up
Daring rescue set to begin for American trapped in Turkish cave. Texas suffers extreme heat. Britain marks a year since Queen Elizabeth's death. CBS News Correspondent Deborah Rodriguez has today's World News Roundup.
To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy
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NPR's Book of the Day - Two books examine masculinity and mental health in immigrant families
Today's episode is rooted in how the expectations of immigrant fathers affect their children. First, Khashayar J. Khabushani speaks with Here & Now's Deepa Fernandes about his novel I Will Greet the Sun Again, which follows a young Iranian-American boy trying to make sense of his identity and sexuality under a strict, sometimes violent, dad's care. Then, Prachi Gupta tells NPR's Leila Fadel about her memoir, They Called Us Exceptional, and how the intersection of racism and patriarchy contributed to her brother's tragic death.
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Reset with Sasha-Ann Simons - You’ll Soon Be Able To Buy Narcan At Walgreens
Narcan, the nasal spray version of opioid overdose reversal drug naloxone, will become available this week at pharmacy chains like Walgreens, CVS and Walmart without a prescription. Reset talks with harm reduction experts, including Fanya Burford-Berry with the West Side Heroin/Opioid Task Force, John Wernings with the Chicago Recovery Alliance and Chelsea Laliberte Barnes with the Illinois Harm Reduction & Recovery Coalition.