Cybersecurity poster boy and government surveillance whistleblower Edward Snowden has revealed he performed a pivotal role in the development of privacy token Zcash (ZEC).
A relevant video from Zcash Media featured a job interview with Snowden where he outlined his participation among the six those who had a bit of the Zcash multisignature private answer to launch the work on October 23, 2016. Within the video, Snowden mentioned:
“My name is Edward Snowden. I took part in the Zcash original ceremony underneath the pseudonym John Dobbertin.”
Edward Snowden may be the whistleblower who revealed U . s . States government surveillance tactics and entered hiding in 2013.
Zcash is really a decentralized blockchain that utilizes zero-understanding proofs in the transactions. ZEC transactions can’t be tracked and also the amounts transmitted can’t be determined, in contrast to relatively transparent Bitcoin (BTC).
SURPRISE! Our second video came early.
See it now to discover #Zcash‘s Ceremony, the way it labored, why @ebfull‘s Halo breakthrough causes it to be obsolete, as well as an exclusive interview with #JohnDobbertin themself, Edward @Snowden.
— Zcash Media ️ (@zcashmedia) April 27, 2022
The Zcash Ceremony saw Snowden and five others each combine their area of the Zcash private answer to launch the work. No participants understood who others were nor what area of the key they held in order to safeguard their anonymity, among the tenets from the project.
Each person’s key portion must be destroyed to avoid coins or transactions from being counterfeited later on.
Within the interview with Zcash Media, Snowden shared his enthusiasm for that project and the enthusiasm for privacy. He stated, “The trouble with [Bitcoin] is that you simply can’t have truly free trade unless of course you’ve private trade”
“I’m just really pleased to observe that the Zcash project […] is moving us closer and closer towards that ideal of the free currency also is a personal currency.”
Another participant within the ceremony, Bitcoin developer Peter Todd remembered the “legendary lengths the Zcash Ceremony participants visited to prevent being hacked.
So ends up Snowden was among the six participants within the Zcash reliable setup which i also took part in. That We belittled heavily to be busted, adopted by Zcash people falsely accusing me of sexual assault in retaliation.
Existence is really weird and fucked up. https://t.co/bFuvg0izKs
— Peter Todd (@peterktodd) April 27, 2022
Todd stated he purchased a new computer and installed all of the needed programs for that ceremony then placed the pc inside a faraday cage in order to prevent any undesirable intrusions. A faraday cage is really a box lined with aluminum foil, which reflects wireless signals.
Then he drove to some remote area where he required a blow torch to his device to be able to destroy his area of the Zcash private key.
News of Snowden’s contribution was without much impact on the cost as ZEC is presently up 1.7% in the last 24 hrs, buying and selling at $148 based on Cointelegraph data.