ETHKL Feb 2021: Rolling Up Ethereum with Hermez Network

Sat, Oct 2, 2021, 12:00 AM

Join Jordi from Hermez as he walks us through the current challenges that the Ethereum network faces and discuss how ZK-Rollups can scale Ethereum in the short-term. --- Timestamps: 00:00 Announcements & Monthly Roundup 09:33 Scaling Ethereum Token Transfers With Zk-Rollups by Jordi 25:51 Fireside Chat on L2 and Zk-Rollups --- Guest: Jordi Baylina is a telecommunications engineer, blockchain developer and co-founder of the White Hat Group. Jordi is the founder of Giveth, DAppNode and founder and Technical Lead of iden3 and Hermez Network. Hermez is a Layer 2 solution that scales token transfers on top of Ethereum and can handle up to 2,000 transactions per second. Designed for high-frequency tokens such as ETH, wBTC and DAI, Hermez is a zero-knowledge rollup, leveraging zkSNARKS for validity proofs and with on-chain data availability. Powered by the HEZ token, its technology includes a circuit compiler language, Circom, and a novel consensus algorithm, Proof-of-Donation, that gives 40% of each transaction fee back to Ethereum Layer 1 as a donation, thereby supporting Ethereum development. --- Target audience: Anyone interested in zkRollups and blockchain scaling solutions! --- Relevant Links Hermez: Website: https://hermez.io/payment-network Telegram: https://t.me/hermez_network Discord: https://bit.ly/hermez-s2discord Twitter: https://twitter.com/hermez_network Monthly Roundup: Evening with DAXs on 8th Feb: https://www.facebook.com/events/257255962452021 The year in Ethereum 2020: https://jjmstark.medium.com/the-year-in-ethereum-2020-98123e5f160d Reddit partnership with Ethereum Foundation: https://www.reddit.com/r/ethereum/comments/l6c3kx/reddit_announces_partnership_with_the_ethereum/ Update on EIP 1559: https://hackmd.io/@timbeiko/1559-updates/https%3A%2F%2Fhackmd.io%2F%40timbeiko%2F1559-update-006 Cloudflare x IPFS: https://blog.cloudflare.com/cloudflare-distributed-web-resolver/ Brave x IPFS: https://brave.com/ipfs-support/ Visa API for banks to buy crypto: https://www.coindesk.com/visa-anchorage-crypto-apis-pilot-for-banks Crypto traders need to declare income tax: https://ringgitplus.com/en/blog/income-tax/active-cryptocurrency-traders-are-required-to-declare-their-gains-for-income-tax.html Resource for smart contract programming: https://ethereum.org/en/developers/docs/programming-languages/