Shows
Block by Block: A Show on Web3 Growth MarketingOrkun Kilic--Citrea: The First Bitcoin ZK RollupEpisode is brought to you by Infinex. Experience Crypto designed for humans. Get your free account today: https://app.infinex.xyz/?r=B2KSQJ77-------------------------SummaryIn this conversation, Orkun Kilic, co-founder of Citrea, shares his journey into the world of cryptocurrency, detailing how he transitioned from skepticism to becoming a key player in the Bitcoin ecosystem. He explains the concept of ZK rollups and their significance in making Bitcoin programmable, addressing the technical challenges faced in building on Bitcoin. Orkun discusses the potential for DeFi on Bitcoin and t...2025-05-0555 min
Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed TechnologiesCitrea: Modular Rollup Framework on Bitcoin - Orkun Mahir KilicBitcoin’s lack of native programmability, coupled with advancements in zero knowledge cryptography, has led to rollups being explored as a substitute for an execution layer. Citrea’s approach involves using Bitcoin as a data availability & settlement layer for their zero knowledge rollup. These rollups not only lower transaction costs, but they also enable smart contracts to use Bitcoin’s L1 security and further incentivise miners to secure the chain despite halving rewards. In order to inherit Bitcoin’s security, zk proofs are inscribed in Bitcoin blocks.Topics covered in this episode:Orkun’s backgroundInscriptions, BitVM and zk rol...2024-11-1244 min