This is the year the world came onchain.
When we launched our first State of Crypto report, the industry was still in its adolescence. The total crypto market was worth about half what it is today. Blockchains were much slower, more expensive, and le
Each year, the State of Crypto report from a16z crypto cuts through the noise and tracks crypto’s evolution across markets, technology, policy, and culture.
Now in its fourth edition, the 2025 State of Crypto report reveals how crypto has gone ma
Zero knowledge circuits facilitate the construction of zero-knowledge proofs (ZKPs) by describing computations as finite field equations. However, logical errors in these circuits can lead to significant security vulnerabilities in software that uses ZKPs. Isil Dillig (UT-Austin) makes a case for applying formal methods to zero knowledge circuits and describes two of recent projects in this space. She describes a new technique for verifying an important property of ZK circuits as well as a new decision procedure for the theory of (prime-order) finite fields.
About the presenter
Isil is a Professor of Computer Science at UT Austin where she leads the UToPiA research group and a co-founder of Veridise, a blockchain security start-up. Her research interests are primarily in programming languages and formal methods, focusing mostly on program synthesis and software verification. Her research has won various distinguished paper awards, including at POPL, PLDI, OOPSLA, and others. About a16z crypto research a16z crypto research is a multidisciplinary lab that works closely with our portfolio companies and others toward solving the important problems in the space, and toward advancing the science and technology of the next generation of the internet.