Privacy on blockchains and future of rollups | Joe from Aztec DeFi 2.71

Today our guest is Joe Andrews (https://twitter.com/jaosef), Co-Founder of Aztec (https://twitter.com/aztecnetwork). Aztec is a programmable privacy layer for web3.
This episode is sponsored by Euler Finance (https://euler.finance/), permissionless lending protocol that introduces exciting innovations to DeFi like MEV resistant liquidations, tokenised debts, permissionless listing and many more.
I'm your host Seraphim (https://twitter.com/MacroMate8), and let's talk DeFi. 
The Material is for distribution to Professional clients and should not be relied by any other persons. The information contained herein does not constitute an offer to sell or the solicitation of any offer. The purpose of this video is not investment advice.
Check out this podcast on Spotify: https://open.spotify.com/episode/3VCvYaFTQ9Rm5ZF41YWR4Y
 
And on Apple:
https://podcasts.apple.com/gb/podcast/privacy-on-blockchains-and-future-of-rollups-joe-from-aztec/id1598828271?i=1000550786622
 
Outline:
Intro & Banter00:00 - 04:58
Why do we need privacy in crypto?04:58 – 07:47
What is lacking in the current crypto privacy solutions?07:47 – 11:43
What is Aztec?11:43 – 14:49
PLONK explained to a 5 year old14:49 – 24:53
How powerful do Aztec nodes have to be?24:53 – 27:26
Could an Aztec node submit false transactions?27:26 – 28:50
What is ZK Money?28:50 – 31:22
What exactly is private and public on Aztec?31:22 – 34:55
Interacting with different L1 protocols at once via Aztec34:55 – 37:57
What happens to your funds if Aztec shuts down?37:57 – 40:43
How does bridging work between Aztec and L1 protocols?40:43 – 46:05
Different client implementation on Aztec prospect46:05 – 47:28
Gas prices on Aztec47:28 – 52:26
How does Aztec fit into the rollup space?52:26 – 1:03:24
Bridging zkAssets into L11:03:24 – 1:07:53
How will the rollup space evolve in 2022 and beyond?1:07:53 – 1:09:50
ETH Denver event: Euler x Notional x Aztec1:09:50 – 1:11:24