# Sergey Gorbunov on TEEs and the Arc Privacy Sector Page: https://stenobird.com/podcast/zero-knowledge-1048106/sergey-gorbunov-on-tees-and-the-arc-privacy-sector Text version: https://stenobird.com/podcast/zero-knowledge-1048106/sergey-gorbunov-on-tees-and-the-arc-privacy-sector.md Podcast: [Zero Knowledge](https://stenobird.com/podcast/zero-knowledge-1048106) Published: 2026-07-08T13:00:00+00:00 Episode link: https://zeroknowledge.fm/podcast/405 Audio file: https://episodes.captivate.fm/episode/fbb8886c-3ed0-45dd-8fec-e6039a943f2b.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/zero-knowledge-1048106/episodes/sergey-gorbunov-on-tees-and-the-arc-privacy-sector Duration seconds: 4027 ## Resource This week, Anna speaks with Sergey Gorbunov , Engineer at Circle , about Arc , Circle’s new EVM-compatible Layer 1 blockchain, and its approach to a TEE based on-chain privacy. They begin by revisiting Sergey’s journey from Axelar to Circle, reflecting on the evolution of cross-chain infrastructure, the aftermath of the Terra collapse, and how Circle’s acquisition of Interop Labs led to the development of Arc. The conversation then turns to Arc’s architecture, including its privacy layer, known as the Privacy Sector, and the decision to build it around Trusted Execution Environments (TEEs) rather than ZKPs or FHE. Sergey explains the design trade-offs, discussing privacy, composability, enterprise infrastructure, and why he believes TEEs are currently the most practical foundation for programmable private execution. Related Links Axelar Network Arc Privacy Sector: Keeping Blockchain State, Transactions, and Accounts Private and Quantum Safe Circle’s Post-Quantum Security Roadmap Arc Documentation Arc: An open Layer-1 blockchain purpose-built for stablecoin finance Sergey’s X Post on the Arc Privacy Sector paper Ian Mier’s X Response to the Arc Privacy Sector works     **If you like what we do:** * Find all our links here! @ZeroKnowledge | Linktree * Subscribe to our podcast newsletter * Follow us on Twitter @zeroknowledgefm * Join us on Telegram * Catch us on YouTube   **Support the show:** * Patreon * ETH - Donation address * BTC - Donation address * SOL - Donation address * ZEC - Donation address Read transcript ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/zero-knowledge-1048106/episodes/sergey-gorbunov-on-tees-and-the-arc-privacy-sector/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/zero-knowledge-1048106/sergey-gorbunov-on-tees-and-the-arc-privacy-sector.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.