So, back in Osaka (which perhaps might be the last DevCon ever due to being the end of days), I had the pleasure of watching a lecture about Nightfall, and Paul Brody and crew really got me excited about how it could invigorate the mainstream adoption of Ethereum, especially through enterprise. But since it wasn’t a packed house, I was a little worried that anyone else cared all that much.
Well, I couldn’t have been more wrong! As it turned out, John Wolpert (of Consensys) and Yorke Rhodes (of Microsoft) had been talking to Paul Brody and team the entire time, looking to expand the theme of Nightall into something even bigger. And after months of very sneaky, sneaky cooperation, they finally unveiled the work of their collective efforts: the Baseline Protocol! Basically, similar to Nightfall, it’s a way for two companies to use zkSNARKs for private transactions, specifically to create a master agreement between parties and then submit purchase orders (based on volume discounts, etc.). And since it’s been adopted by OASIS and has two steering committees, this thing just got very real!
I haven’t had time yet to really read the work and watch the instruction videos, but I can’t wait to dig in and find out more!