Ameen Soleimani of Privacy Pools | Unpacking Privacy Pools – Motivations, Mechanics, and Tradeoffs

Logos Podcast with Jarrad Hope

Corey, D, and Jesse chat with Ameen about the motivations behind Privacy Pools, historical references including Tornado Cash and Z Cash, as well as the mechanics and tradeoffs associated with the approach.

Topics Covered in this episode:

1. Motivations and history – Ethereum, Coinbase, Tornado Cash, zk-SNARKs, Zcash.
2. How Privacy Pools work – Setup, deposits, association sets, analysis
3. Complexities and Challenges in added infrastructure and coordination
4. Responsibilities and compliance
5. Open source development and how to get involved

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RESOURCES:

Ameen X

Privacy Pools Paper

Privacy Pools Website

Privacy Pools Github

Fundraiser for Roman Storm and Alex Pertsev

TIMESTAMPS

00:00 Intro

5:00 Introducing Amen

6:30 Why dive into privacy now?

8:25 Corey’s interpretation and background to the Privacy Pools paper

11:35 Ameen's motivations for Privacy Pools - history of Ethereum, Coinbase, zk snarks, Z Cash

11:50 Tornado Cash compliance tool and enhancing the power of compliance

17:30 Is privacy all or nothing?

20:30 Mechanics of the privacy pool setup. Deposits, association sets, analysis

22:15 Week long dispute of proofs and tradeoffs

24:00 Versions of Privacy Pools, shielded pools, z-cash comparison

27:00 Maintaining decentralization while working in different jurisdictions

28:46 The consequences and challenges of building on open systems vs base layer privacy

32:15 Additional coordination complexity and anonymity sets

34:35 “Goblins” or small scale thefts and edge case hacks

39:15 Who will manage the burden of infrastructure? Wallets and important role of relayers.

46:40 Are Association Set Providers a new set of core users?

51:00 Narratives are powerful for positive use cases to prevail

51:58 Who is responsible for judging the association sets of the association set providers?

56:00 Privacy Pools is just better than the status quo

56:37 Open source developers working in the space with OFAC. Tornado Cash

1:02:40 Describe Privacy Pools in ten words or less

1:03:20 Is what you do difficult?

1:05:20 Roundtable with Corey, D, and Jesse

Logos Press Engine includes Logos Podcast and Hashing It Out. Hashing it Out dives into the mechanisms and hardware of the technology that aid in making sovereign communities.