Decentralized exchanges have been around for some time, and various designs have been attempted. Although they provide a number of privacy and censorship resistance benefits, one of their pitfalls has been transaction throughput. However, recent advancements in Zero-Knowledge Proof-based scaling solutions is creating a new breed of scalable DEXes. Loopring is a non-custodial DEX protocol that achieves high-throughput trading. It leverages ZK-Rollups to achieve upwards of 2,000 transactions per second with on-chain settlement. As an order book-based exchange, it sets itself apart from other DEXes like Uniswap and the Gnosis Protocol. However, users should keep in mind that the orderbook is centralized. Daniel Wang, Founder & CEO of Loopring, talks about why they decided to focus on DEXes and their plans beyond the current version 3.0. Topics covered in this episode: Daniel's background and how he became involved in cryptoLoopring's 2017 token sale and why they needed to return funds to investorsThe concept of ring matching in the Loopring protocolLoopring's use of ZK-RollupsThe current throughput and transaction costLooping vs Binance and centralized exchangesWhy Loopring chose to build on a centralized order book modelThe differences between the Optimistic Rollup and the ZK-RollupThe Loopring token (LRC) and how it's used in the protocolDaniel’s views on the future of the DEX ecosystemEpisode links: Loopring websiteLoopring 3.0Loopring’s Frontend Vulnerability, ExplainedLoopring Exchange frontend password bug: PostmortemLoopring TwitterDaniel Wang TwitterSponsors: Learn how Zero-Knowledge Access Passes can help you build a more privacy-minded business by disconnecting payment and user data. Learn more at leastauthority.com/zkapsThis episode is hosted by Friederike Ernst & Sunny Aggarwal. Show notes and listening options: epicenter.tv/340

Genesis Mining is a leading hash power provider offering cloud cryptocurrency mining as a service. They offer mining for Bitcoin, Zcash, Dash, Ethereum, Litecoin, and Monero and serve over 2 million users in 100+ countries. The company was formed in 2013 and saw tremendous growth in its seven years in operation. In the mining business, process optimization, controlling costs, and vertical integration are key. Crypto prices, difficulty adjustments, hardware availability – all can have an impact on profits. Co-founder & CEO Marco Streng shares how he built his company from the ground up, and is now expanding beyond crypto to address other profitable markets in cloud computing. Topics covered in this episode: Marco's background and how he started Genesis MiningThe biggest challenges they faced in the early daysThe company's cost structures and vertical integrationWhy they got into cloud computing and the applications of GPUsThe major shifts in the mining industry since they were foundedThe ecological footprint of miningWhy people would buy cloud mining and its profitability opportunitiesThe risk of mining centralizationBitcoin halving and the impacts of this on the mining industryMarco's views on Proof of StakeEpisode links: Genesis Mining websiteBitcoin Halving - What to Expect as a MinerGenesis GroupGenesis CloudGenesis Mining TwitterMarco Streng TwitterThis episode is hosted by Sebastien Couture & Brian Fabian Crain. Show notes and listening options: epicenter.tv/338