July 2021 Impact Award Winners:
SCRF is pleased to announce the next recipients of the SCRF Impact Award: Ariel Gabizon and Zachary Williamson, the creators of Plonk: Permutations over Lagrange-bases for Oecumenical Noninteractive arguments of Knowledge
Cryptoassets employ an amalgamation of technologies, both established and novel. The technology of zkSNARKs perhaps sits at the intersection of novel and established. While Zero-Knowledge systems have been pursued by cryptographers for decades, the majority of innovations in this field at this point is happening in the context of cryptoassets. SNARKs are particularly promising, as they can be used to enhance the privacy, scalability and composability of cryptoassets and their applications.
Over the past year, there has been an interesting convergence of SNARKs used for applications. Plonk is now the predominant building block for cryptoasset applications and the primary system powering zkRollups. We have been following this trend closely, and wrote an extensive summary on Plonk, discussed how it compares with alternative approaches, hosted a panel conversation on this area at the Smart Contract Summit and a one-one-one chat with Ariel in our channel. This has resulted in incredibly rich conversations over the future of cryptoassets and we are excited to see the SNARKs space continue to evolve.
We would like to congratulate Ariel Gabizon and Zachary Williamson for their contributions to the field of SNARKs. The authors have decided to donate their award to PETA, an animal rights organization.