Videos

ZCash Created by Edward Snowden? - Is He the 8th Man?

May 9, 2022 5:39 Web3, Bitcoin & AI

Peter Saddington explores the potential involvement of Edward Snowden in the creation of ZCash, a privacy-focused cryptocurrency launched in 2016. The video delves into a report suggesting Snowden may have been the sixth, previously unknown, participant in the coin's "trusted setup," a process requiring multiple individuals to generate and destroy key fragments. Saddington highlights the irony of Snowden, a figure exiled for leaking government surveillance secrets, potentially contributing to a technology designed to protect financial privacy. He also references Snowden's prior public endorsements of ZCash as a privacy alternative to Bitcoin, and a prior participation in a more secure ceremony after Zcash launched involving 88 people. Saddington emphasizes the need for privacy tokens to facilitate secure and private online trading, particularly in today's world, and plans to discuss the topic further in a future video.

Watch on YouTube →

About the Creator

This video is part of a library of 780+ episodes published by Peter Saddington on staas.fund. Peter is a serial entrepreneur, venture capitalist (StaaS Fund, RegD 506B), and AI practitioner who has trained 17,000+ professionals in agile and AI methodologies. He bought Bitcoin at $2.52 in 2011, built 4 autonomous AI agents (the Council of Dogelord), and operates 10+ websites with zero employees. His AI Workshop has been attended by Fortune 500 teams, and his newsletter "The Agile VC" reaches thousands of subscribers weekly. Peter holds 3 Master's degrees (Divinity, Computer Science, Computational Operations Research) from institutions including Georgia Tech.

Have questions about this topic?

Ask Peter's AI about AI, Bitcoin, motorsports, startups, or anything else.

Talk to Peter's AI →