TLDR: Aztec has partnered with Ren to bring private Bitcoin to Ethereum
We are incredibly excited to partner with Ren to add renBTC into the Aztec private rollup. The Aztec private rollup — accessible through zk.money — enables fully private transactions on Ethereum. Integrating renBTC enables users to privately send, receive, and hold BTC on Ethereum mainnet for the first time in the history of Ethereum.
“For greater privacy, it’s best to use Bitcoin addresses only once” — Satoshi Nakamoto, 2008
“For the best privacy, shield your BTC using renVM and zk.money” — Aztec, 2021
To celebrate the launch and…
With a new hiring wave for us at Aztec, we’ll be publishing some short, fun interviews with our newest additions to the team. Our latest hire is Cody Gunton, who recently joined us as a Cryptography Engineer working full-time.
Welcome to the team, Cody 🎉
Cody, please introduce yourself - what you did before joining Aztec and what got you to the team?
Hey, I’m Cody! I recently joined Aztec as a Cryptography Engineer. I live in Atlanta, Georgia.
I started my path into the world of cryptography as a math student, passionate about the philosophical aspect of the topic.
Two months ago Aztec launched zk.money, which allows users to send and receive funds privately on Ethereum, in a Venmo-like fashion. We’re now excited to share that we are actively working on bringing our private, scalable experience of Ethereum to DeFi apps. Our Private Rollup will both make transactions private and lower their cost, enabling a whole new experience for interacting with DeFi applications.
Over the next few weeks, we’ll introduce you to some of the use-cases we’ll be bringing to our Rollup service and zk.money. …
In my previous post, I touched on the general thesis for investing in a SPAC, and what criteria questions an investor should ask before choosing a SPAC to allocate capital. I recommend reading it before diving into this one, as it includes technical details and nuances, which will be easier to grasp after reading an introduction to basic notion of investing in SPACs.
After we’ve done diligence on the sponsor’s background, past performance, and expertise, the next thing one should do is look at the details of a SPAC offering. …
So far, almost $60 billion has flown into about 160 SPACs (Special Purpose Acquisition Companies) in 2020. All of those are looking or had looked for other companies to take public via a merger/acquisition. It means that 160 viable companies will also have to exit, for these SPACs to succeed with their intentions.
SPACs are relatively new to us, as public investors. The first SPAC that drew attention to this “old-new” innovation was the merger between Virgin Galactic and Chamath’s $IPOA SPAC at the end of 2019. That deal has opened the door for more investors to raise money via…
As more consumer-enterprise products are coming to the market, it’s getting more challenging for users to find the time to get hooked on the good products. People(including me) are signing up for products before they are ready to try them out. In other cases, they sign-up to more new products than they are capable of trying(bandwidth wise). This creates a potential problem for products to compete on the users’ attention, even if they aren’t in the same category!
If I were to look at it from the macro-level perspective, a few things became more apparent to me after have been…
The past decade had been the most significant to tech venture capitalists’ portfolios. The result is driven by extreme growth and user adoption of internet monopolies’ products following an extreme version of the 80/20 principle for value creation.
While some of the investment opportunities in these ‘high-growth’(as Elad Gil puts it) companies were hard to participate for some, others enjoyed the privilege to pass on them and leave their checkbooks in the pocket.
Passing on these 🦄 turned out to be extremely painful for some VC years down the road, missing on hypothetical significant returns for their funds and LPs…
As part of my interest to understand Blockchains, I look at sophisticated terms and try to simplify them — so I could understand their role better, and help others to do so via writing. This time, I took the subject of Phragmen’s method in NPoS and will try to explain it’s importance in the Polkadot Blockchain.
In this specific post, I’m going to touch an interesting election method invented by a Swedish mathematician, and explain how it’s used in the Polkadot Blockchain. If you’re not familiar with Polkadot, I suggest visiting Polkadot.network before reading this.
Phragmen’s method is one of…
It’s been two years since I started working remotely, after getting introduced to the idea thanks to the 4HWW. I’ve worked at a startup, and now as self-employed. I’ve enjoyed the nomad’s life, working from Israel, the US, Canada, Switzerland, Germany, France, England, Czech Republic, Italy, and more. I collaborated with people working from 4 different time zones while having my schedule. It’s been a treat to unlock the world, knowing I can work and still earn money while being wherever I’ll choose. What a great time! After doing this for approx. …
Talented teams are working hard to look in shape for the
Y-Combinator’s demo day of the summer 2019 batch(19th-20th of August).
I’ve seen a lot of exciting projects getting built(some also launched on HN) in the last weeks, backed with help and guidance from the YC partners. I’ve wanted to lighten up some of my favorites companies from this batch!
Even though access to the demo day is minimal, some(hopefully lucky) investors will have the opportunity to invest directly(or indirectly via AngelList syndicates, for example) in these companies.