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Edward Snowden Reveals Involvement In Privacy Coin Zcash


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In a leaked video from Zcash Media, Edward Snowden, the famed NSA whistle-blower on government surveillance, revealed his core involvement in the launch of the privacy coin Zcash.

Snowden, under the pseudonymous John Dobbertin, joined Zcash creator Zooko Wilcox, Bitcoin core developer Peter Todd, Coin Center's Peter Van Valkenburgh and two others in launching the Zcash blockchain in 2016.

The six participants were each given a fragment of the private key needed to produce the coin in a procedure known as "trusted setup." After the launch of the blockchain, each of them destroyed their fragment of the private key in order to secure Zcash from being counterfeited in the event of a wallet breach.

Zcash is a decentralised blockchain that conducts transactions using zero-knowledge proofs. Unlike the comparatively transparent Bitcoin, ZEC transactions cannot be tracked and the amounts sent cannot be established (BTC).

https://www.forbes.com/sites/michaeldelcastillo/2022/04/27/edward-snowden-revealed-as-key-participant-in-mysterious-ceremony-creating-2-billion-anonymous-cryptocurrency/

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