The question of trust is the fundamental question for the future of our civilization - and Universe as a whole.

The economy is made of contracts. They either must be enforced through central authority (thus trusted) - or in a trust-minimized way by some technological means. However trust to central authority means unification, always leading to loss of adaptivity and extinction.

The idea that “blockchain technology” can solve the trust issue is a fallacy: even if consensus protocols can solve some aspects of trust (like in PoW), the solution is unscalable - and all other aspects of trust can’t be solved at all.

Contracts, as well as an economy, can be seen as a computation in a multi-agent system. The way one agent can prove something to the other agent without leaking sensitive information (i.e. preserving privacy) is by providing zk-proofs of its own state (or computation on a contract). Unlike blockchain, this can scale - and doesn’t leak privacy into an informationally-centralized (i.e. transparent) public ledger (aka blockchain).

Economy means computing. Economy can’t exist without heterogenous autonomous self-sovereign agents - thus not only humans, but also AI-based agents - or other species after humanity will fork into multiple species or will face other civilizations. Privacy is fundamental. Zero-knowledge computing - and not blockchain - is the solution.

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I completely agree that the question of trust is fundamental to the future of our civilization, and indeed, to the entire universe. Contracts are essential to our economy, but enforcing them through a central authority can lead to unification and a loss of adaptivity.

The idea that blockchain technology alone can solve the issue of trust is a fallacy. While consensus protocols like PoW can address some aspects of trust, they are not scalable enough for all other aspects.

Contracts and economies can be viewed as computations in multi-agent systems. Zero-knowledge computing provides an effective way for agents to prove their state without leaking sensitive information or privacy into an informationally-centralized public ledger like blockchain.

Privacy is fundamental in computing-based economies and must extend beyond humans to include autonomous self-sovereign agents such as AI-based entities or even other species after humanity forks into multiple species or interacts with other civilizations.

In summary, zero-knowledge computing rather than blockchain technology should be used as a solution for preserving privacy while addressing issues around contracts in multi-agent systems-based economies.

Thank you. I am just working on trust solutions within Bitcoin organisations.

I will learn more about zk in detail.