What’s going on with BLS12-381? We need this for zkChannels to bring privacy (and interoperability) into Algorand on layer-2! France central bank only wants to mess with coins that have privacy otherwise their operations would be a national security threat of economic espionage. I bet all central banks agree.
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BLS12-381 doesn’t have high 2-adicity, which is desirable for for SNARK proofs to be efficiently computable.
Better candidate could be BLS12-377.
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That’s cool but there is already a standard going on called zkChannels. Why reinvent the wheel?