BLOCKY TEEs pfp
BLOCKY TEEs
@blockytees.eth
At Blocky, we think about trust as infrastructure you can provision - like an EC2 instance. There are many ways to provision trust, each with trade-offs. Those trade-offs determine which flavor of trust is best for different use cases. Care to join me for a quick walk & talk on trust models? 🧵
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BLOCKY TEEs pfp
BLOCKY TEEs
@blockytees.eth
A key driver of Web2 was the ability to quickly provision compute resources for applications (storage & messaging too, but let’s simplify). In Web3, a key driver is the ability to provision trust - just like compute.
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BLOCKY TEEs pfp
BLOCKY TEEs
@blockytees.eth
There are several methods for provisioning trust, but they all stem from a few core categories: *Proof of Work (PoW) - consensus *Proof of Stake (PoS) - consensus *Zero-Knowledge Proofs (ZKPs) - cryptography *Restaking - consensus *Trusted Execution Environments (TEEs) - isolation
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BLOCKY TEEs pfp
BLOCKY TEEs
@blockytees.eth
Industry terms like PoW or ZKPs describe a mechanism for how trust is achieved - the root being either through consensus, cryptography, or isolation. (Simplifying a bit again, but this should help illustrate how different flavors of trust exist.)
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BLOCKY TEEs pfp
BLOCKY TEEs
@blockytees.eth
Each flavor of trust has unique properties that shape its strengths & weaknesses: PoW/PoS - Best-in-class guarantees, poor performance, slow provisioning ZKPs - Highly accessible, good performance, fast provisioning Restaking - Good performance, decent provisioning, immature TEEs - Extremely performant, best provisioning, physically centralized Let’s break it down:
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BLOCKY TEEs pfp
BLOCKY TEEs
@blockytees.eth
PoW & PoS - Unmatched security, but slow *Bitcoin’s massive PoW network is incredibly resistant to bad actors. It’s slow & took years to provision, but its guarantees are unparalleled. *Ethereum is similar in its strong guarantees (other than that one time… but we don’t talk about that one time now).
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BLOCKY TEEs pfp
BLOCKY TEEs
@blockytees.eth
ZKPs - Fast, flexible, but not best-in-class *ZKPs can be provisioned quickly & computed on any hardware. *Want to do something locally & prove it to the world? ZKPs are great - they can be spun up & torn down quickly. *They’re more cost-efficient than consensus networks but don’t offer the same level of trust.
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BLOCKY TEEs pfp
BLOCKY TEEs
@blockytees.eth
Restaking - Interesting, but untested *Restaking extends PoS guarantees while dramatically improving provisioning time. *It can also improve throughput (not diving into that here). *If you want to build a Web3 app quickly while leveraging PoS security, restaking is interesting - but still pretty new.
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