Will PLONK or other types of zk be used in future? #39
Description
zksync claims they use PLONK which need not to be re-setup on every update:
The version 1.0 of zkSync protocol is using the PLONK proof system which requires a "trusted setup" of a Common Reference String (CRS). In PLONK, this setup can be done once and be reused by any number of applications (this is called Universal CRS).
Another big advantage of a universal CRS is that updates and bugfixes do not require their own trusted setup ceremonies (which are very difficult from the logistical and security perspectives).
Do loopring have any plan to switch to these types of zk?