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We NEED Privacy in Crypto - Reuben Yap of Zcoin
Manage episode 270956651 series 2784070
One of the biggest misconceptions in cryptocurrencies like Bitcoin and Ethereum is that privacy is built-in by default. Unfortunately, this is not the case: once your cryptocurrency address is revealed, all transactions on that account can be tracked by anyone in the world. This is why privacy is important - as users are entitled to keep their income, spending, and transactional information private. This is possible with privacy based cryptocurrencies - however, there has been a lot of confusion in which privacy solution is the best. We talk to Project Steward of Zcoin, Reuben Yap about the privacy coin space how the technologies differentiate from each other.
57 episod
Manage episode 270956651 series 2784070
One of the biggest misconceptions in cryptocurrencies like Bitcoin and Ethereum is that privacy is built-in by default. Unfortunately, this is not the case: once your cryptocurrency address is revealed, all transactions on that account can be tracked by anyone in the world. This is why privacy is important - as users are entitled to keep their income, spending, and transactional information private. This is possible with privacy based cryptocurrencies - however, there has been a lot of confusion in which privacy solution is the best. We talk to Project Steward of Zcoin, Reuben Yap about the privacy coin space how the technologies differentiate from each other.
57 episod
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