A re-broadcast of our episode featuring Greylock investor Seth Rosenberg's interview with the co-founders of Espresso Systems, which provides configurable privacy and scalability tools for Web3. The company is operating at a critical time for privacy within Web3. Recently, the U.S. Treasury imposed sanctions on Tornado Cash, a mixer platform that enables cryptocurrency transactions. The regulatory action marks the first time authorities have imposed sanctions on computer protocols (code) rather than individuals or wallets. This represents a key moment for the industry and raises questions on the right approach to regulation and how developers can enable important use cases with privacy. Rosenberg originally spoke with co-founders Charles Lu and Benedikt Bunz in March, when the company came out of stealth with a Series A co-led by Greylock and Electric Capital. In light of the regulatory action on Tornado, Rosenberg caught up with co-founder Jill Gunter to discuss the increased importance for privacy tools within the web3 industry.
You can read Seth's original blog post about the investment and the transcript from the podcast here:
greylock.com/portfolio-news/pri…lability-for-web3/