Edward Snowden Reveals He Was One of Six People Who Helped Launch Zcash

Renowned whistleblower Edward Snowden has revealed that he played a pivotal role in creating the privacy token Zcash (ZEC).

Today brought ZCasheA video outside in which Snowden was interviewed. In this interview, he indicated that he was one of six people who owned a piece of the Zcash multisignature private key. These 6 people launched the project on October 23, 2016. In the video, Snowden stated:

“My name is Edward Snowden. I participated in the original Zcash ceremony under the pseudonym John Dobbertin.”

Edward Snowden is the whistleblower who exposed the US government’s surveillance tactics and went into hiding in 2013.

Zcash is a decentralized blockchain that uses zero proofs of knowledge in its transactions. ZEC transactions cannot be tracked and the amounts sent cannot be determined, unlike the relatively transparent Bitcoin.

During the Zcash ceremony, Snowden and five other people each combined their share of the Zcash private key to launch the project. None of the participants knew who the others were, nor what part of the key they possessed to protect their anonymity. This is one of the main principles of the project.

The most important part of each person had to be destroyed to avoid counterfeiting of coins or transactions in the future.

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