Henry de Valence, Penumbra Labs
Hi! I’m a cryptographer, interested in fast, safe zero-knowledge cryptography for privacy-preserving systems. Previously, I did cryptography work at the Zcash Foundation, Interstellar, Chain Inc., Cloudflare, and in grad school. My other interests include number theory, algebra, geometry, privacy, freedom, and the number 24. I have a blog with posts about various projects I’ve worked on. Feel free to get in touch by clicking on the “Email” button above, or follow me on Twitter.
Summary:
Real world coordination requires control over information. Henry argues that information leaks are value leaks, and that value is lost whenever markets leak information unnecessarily. Privacy, then, is a way of retaining that value and market systems that allow privacy should by default outcompete forced public markets. Zero-knowledge proofs are one way to achieve this but it requires executing off-chain. Penumbra is developing a new methodology for encrypting trading information while maintaining the integrity of the public ledger.
