S15 E57: Orkun Kilic on Citrea, ZK Rollups & Building the Bitcoin Economy

Citrea broke the news in early 2024 as the first project to create a ZK rollup on Bitcoin. About 8 months later, CEO and co-founder Orkun Kilic explains the practical matters involved in building a Bitcoin economy with the tools provided by Citrea.

This interview was recorded in Frankfurt during the Proof of Work Summit, September 5-6, 2024.

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Time stamps:

Rollups vs. Sidechains (00:02:02)

The Need for Rollups in Bitcoin (00:04:18)

Citrea's Unique Approach (00:06:29)

Building a Generic Virtual Machine (00:08:08)

Citrea as the First ZK Rollup on Bitcoin (00:09:10)

Comparison with Other Projects (00:09:56)

Use Cases for Average Users (00:12:08)

Citrea & Non-Custodial Financial Services (00:14:44)

Citrea vs Drivechains (00:16:30)

Differences in Trust Assumptions (00:17:05)

Drivechain Proposal History (00:18:14)

Starkware and Zero Knowledge Proofs (00:19:13)

Technical Limitations of Starknet (00:19:35)

Building Non-Custodial Solutions (00:20:24)

Future of Syria and Decentralization (00:24:05)

Progress Since Last Interview (00:26:14)

Presentation on Hyper Bitcoinization (00:28:03)

Privacy Benefits of Citrea (00:29:37)

Potential Changes to Bitcoin (00:30:49)