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Categories: What Bitcoin Did

What Bitcoin Did #70 Privacy and Zcash with Zooko Wilcox

Published on February 5th, 2019 by DSholla

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“If you have sufficiently weak privacy, then that causes centralisation.” — Zooko Wilcox

Interview location: Skype

Interview date: Tuesday 22nd Jan, 2019

Company: Zcash

Role: Founder and CEO

One of the significant failings of Digicash, the David Chaum pre-Bitcoin digital currency was centralisation. Decentralisation has become one of the core components of what has made Bitcoin work and a success; shutting it down is only possible under extreme circumstances and no single person can exert control over its future direction.

How decentralised a cryptocurrency is often a measure of its strength or weakness. Maximalists often challenge Zcash as being centralised, and some refer to it as the corporate privacy coin but how much of a risk is this to the future of the currency?

I sat down with the Zcash Founder and CEO, Zooko Wilcox to discuss the intrinsic link between Zcash the company and Zcash the protocol, what risks this presents and how the bear market has affected operations. We also look into Zooko’s past working on Digicash, his discovery of Bitcoin and user adoption in crypto.

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