Edward Snowden on Zcash

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Edward Snowden was formerly a CIA employee and U.S. government contractor to the NSA who leaked highly classified documents exposing numerous global surveillance programs. Snowden currently lives in Russia where he has been granted asylum.

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Zcash is a cryptocurrency that uses zero-knowledge proofs to secure anonymous transactions. Zcash has a fixed supply of 21 million coins.

Privacy coin

Zcash reviews by Edward Snowden

🔑 2 positive | 💩 0 negative

2019

  • 🔑

    A lot of people wonder why I like Zcash despite the Founder's Reward. Here's a reason: that tax funds a quality team that catches and kills serious bugs in-house before they get exploited. Some other projects learn about bugs like this only AFTER people have lost money.

    2019-02-05 | Full Review

2017

  • 🔑

    Zcash's privacy tech makes it the most interesting Bitcoin alternative. Bitcoin is great, but "if it's not private, it's not safe."

    2017-09-28 | Full Review

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🔑

I like Bitcoin transactions in that they are impartial. They can’t really be stopped or reversed, without the explicit, voluntary participation by the people involved. Let’s say Bank of America doesn’t want to process a payment for someone like me. In the old financial system, they’ve got an enormous amount of clout, as do their peers, and can make that happen. If a teenager in Venezuela wants to get paid in a hard currency for a web development gig they did for someone in Paris, something prohibited by local currency controls, cryptocurrencies can make it possible. Bitcoin may not yet really be private money, but it is the first “free” money.

2018-11-20 | Full Review

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🔑

From a non-TA perspective, Zcash stands out to be the most robust PoW - secure against "consensus attack." And if you look at the 51% attack cost to market-cap ratio, it's substantially more secure than the anything else on this sphere.

2018-07-28 | Full Review

🔑

I am excited to see how zero knowledge cryptocurrencies like Zcash interact with the extant regulatory landscape. I think it’s important to remember that these techniques provide privacy that (IMO) is a *requirement* for a *business* use case..... With zero-knowledge proofs, privacy and transparency are very much compatible. You can prove properties of transaction flows in zero knowledge.

2018-07-13 | Full Review

💩

The condition under which criticism makes sense is simple: someone responsible for 50% of the operating Zcash nodes received $0 a month from the founder's reward, and someone responsible for a great many drunken tweets and awful ideas received $300k a month.

2018-07-22 | Full Review

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