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The Privacy Strikes Back

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genzcash

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24,419 Aufrufe • vor 10 Monaten •via X (Twitter)

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.Balaji in conversation with Eli Ben-Sasson | Starknet.io on the three eras of crypto: Proof of work: 2009-2017 Programmability: 2017-2025 Privacy: 2025-203X
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. explains his 1000x privacy thesis: “The last 12-13 years, we were working on getting Bitcoin to be legitimized as well as programmability (Ethereum) and scale in blockchains (Solana) to work. Now that those work, there is one thing left that is asymmetric in upside and impact for the entire industry: privacy.”
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. explains his 1000x privacy thesis: “The last 12-13 years, we were working on getting Bitcoin to be legitimized as well as programmability (Ethereum) and scale in blockchains (Solana) to work. Now that those work, there is one thing left that is asymmetric in upside and impact for the entire industry: privacy.”

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.Balaji: “If the first 8 years-ish of crypto were proving that Bitcoin would work, and the next 8 years were proving that programmability would work (including scalability and so on), now the next 8 years are about privacy."
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.Balaji on Zcash: “We’ve got the zero to one moment for zero knowledge already, and now we’re going to go to the one to infinity moment where financial privacy is just a human right.”
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Mert explains why privacy isn't secrecy “Privacy is not secrecy. It is the user having the option and the freedom to disclose their information. If it's mandatory, then it's surveillance. If it's optional, if it's up to the user, then it's freedom” “One good analogy is, you take all sorts of pictures on your phone. Some of those are private. You don't publish all of them on social media but you can publish whatever you want” “You can send messages on Twitter or Facebook or you might send private messages on Signal. Fundamentally, you have to have the choice” “When I pay for a coffee, I don't want my barista knowing I just bought a hair transplant treatment with the same coin" "Privacy is fundamentally about having the option. As long as you have the option, you're in control, it’s up to you what you do with it”
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