The Pomp Podcast

Zooko Wilcox, CEO of Zcash: The Evolution of Legitimately Private Crypto

16 snips
Jun 5, 2019
Zooko Wilcox, CEO of Zcash and a veteran in crypto and cryptography, dives into the fascinating world of privacy and decentralization. He shares insights from his early days at DigiCash and his initial skepticism about Bitcoin. Zooko explains zero-knowledge proofs and their essential role in privacy technology. They discuss how privacy will become integral in future systems, the challenges Zcash faced with Bitcoin's conservative approach, and even Zooko's advocacy for the carnivore diet. A conversation rich with tech and philosophy!
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ANECDOTE

Card Swap Demo For Zero Knowledge

  • Zucko demonstrated a simple card swap zero-knowledge proof showing you can prove two bits differ without revealing either.
  • Repeating challenges reduces bluff probability while giving zero extra information about the bits.
INSIGHT

History Repeats With Privacy Tech

  • The 1990s encryption debate mirrors today's privacy coin debate: governments feared strong crypto, then society adopted it for safety and commerce.
  • Public infrastructure favored strong crypto because it enabled secure Internet-scale systems.
INSIGHT

Transparency Creates New Risks

  • Financial privacy isn't only for criminals; businesses and citizens need confidentiality against competitors and foreign surveillance.
  • Public block transparency can enable front-running and foreign analysis of economic activity.
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