# Elena Nadolinski I Ironfish 2.0, The Safe Privacy Layer for EVM I Pragma Singapore 2024

- Channel: [ETHGlobal](https://streameth.org/ethglobal)
- Date: 2025-10-09
- Duration: 13:57
- Topics: Ironfish, Ironfish 2.0, Elena Nadolinski, privacy blockchain, zk-SNARKs, MASP, Frost DKG, multi-asset shielded pool, privacy for EVM, Ironfish bridge, Ironfish demo, Ironfish ERC20, multichain privacy, cross-chain privacy, zk blockchain, crypto privacy, decentralized identity, Ironfish CLI, Ironfish ledger, Ironfish sapling, Ironfish frost wallet, Ironfish bridging, Ironfish launch, Ironfish Pragma, privacy layer, EVM privacy layer, crypto privacy protocol
- Watch: https://streameth.org/watch/yt-MWRoMGFgQAg
- YouTube: https://www.youtube.com/watch?v=MWRoMGFgQAg

## Description

In this talk at Pragma Singapore 2024, Elena Nadolinski, founder of Ironfish, dives deep into Ironfish 2.0 — a groundbreaking privacy-first blockchain and the secure privacy layer for all EVM chains.

Learn why privacy matters in crypto, how Ironfish achieves multi-asset shielded transactions using zk-SNARKs, and how cross-chain interoperability is achieved with secure, decentralized bridging. Elena breaks down key cryptographic components such as MASP, FROST, DKG, and Ironfish’s innovative UTXO structure supporting assets from 27+ chains. She also shares a live testnet demo bridging an ERC-20 token into a private pool on Ironfish. If you're building in DeFi, zk-tech, or multichain infrastructure, this is a must-watch.

00:00 Intro: Why Privacy Still Matters in Crypto
00:55 Transparent Chains and Real-World Identity Leaks
01:54 The Problem with 700+ Privacy Projects
02:53 Introducing Ironfish: A Practical Privacy Protocol
03:19 Ironfish Architecture Overview: L1, Proof-of-Work
03:48 Regulatory-Ready: Sanctions Screening at Ingress
04:17 From Zcash Sapling to MASP (Multi-Asset Shielded)
05:11 Key System: Secret, Public, and View Keys
05:41 UTXO Design + Multi-Asset Note Structure
06:11 Transaction Model & Description Types
07:12 zk-SNARKs in Spend Descriptions
08:11 Mint & Burn: Transparent Metadata for Bridges
09:14 Balancing Transactions Across Multiple Assets
10:14 Shared Pattern Across Other zk Privacy Projects
10:40 Bridges & Multisigs: The Missing Privacy Layer
11:07 Threshold Signatures: Frost & DKG Explained
12:36 CLI Wallet & Ledger Support for Bridge Operators
13:09 Demo: Bridging ERC-20 to Ironfish Privacy Pool
13:44 Ironfish as a Privacy Layer for All EVM Chains
14:00 Final Thoughts & Follow Ironfish on Twitter

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _  

🇸🇬 *Pragma Singapore*
Pragma Singapore 2024 was a special gathering of founders and builders that took place September 19, 2024 at the Fullerton Hotel in Singapore.  Pragma Singapore 2024 was an opportunity discuss the future of web3 and reflect on the past. Watch the full Pragma Singapore playlist here: https://youtube.com/playlist?list=PLXzKMXK2aHh6z0saYJnVdgXWfz-vaoEYx&si=uavhkhF5Kc8XBoLv

ETHGlobal's Pragma series takes place in cities around the world, and is designed to be a different kind of event. Pragma is a one-stage conference with founders-only on stage, bringing together a small group of curated attendees and speakers to discuss the future of web3 and reflect on the past. 

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _  

✅ *Follow Elena Nadolinski*
X: https://x.com/leanthebean

✅ *Follow Iron Fish*
X: https://x.com/ironfishcrypto

✅ *Follow ETHGlobal*
X: https://x.com/ETHGlobal​
Warpcast: https://warpcast.com/ethglobal
Website: https://ethglobal.com
YouTube: https://www.youtube.com/c/ETHGlobal 

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _  

_Are you interested in Ethereum development and entrepreneurship?_
👉 Sign up for the next ETHGlobal event: https://ethglobal.com/events
🎁 Get exclusive access and perks with ETHGlobal Plus! https://ethglobal.com/plus
📣 Want us to throw an event in your city? Tell us where! https://ethglobal.com/city

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
