Snowden: I am more optimistic about Zcash than BTC!

Nakamoto 2025-9-23 16:27 93681人围观 BTC

▊ Recently, Snowden has frequently expressed his views on digital currencies. This American "traitor" who was forced into exile for exposing the CIA surveillance program has once again entered the public eye. He first broke the news: The U.S. National Sec

▊ Recently, Snowden has frequently expressed his views on digital currency. This American "traitor" who was forced into exile for exposing the CIA surveillance program has once again entered the public eye.

He first broke the news: The U.S. National Security Agency began to "track" virtual currency users as early as 2013, going beyond the review of general public transaction ledgers (called blockchains), with BTC having the highest priority.

Today, he followed this topic and analyzed his views on BTC.

He admitted that in 2013, he sold BTC to help hide his identity while he was preparing to reveal some confidential documents from the National Security Agency. He said: “BTC is indeed good, and I also think it will be valuable for a period of time, but this does not mean that I will always be optimistic about it because it is purely public. ”

He also mentioned that the BTC Core development team and the large mining pool forces have been guiding: BTC expansion issue. He pointed out that for him, expansion is not the main issue of BTC. The main issue of BTC is that transaction records, transaction addresses, etc. are purely public, and you can check all historical transaction records at any time.

Snowden also mentioned that he is more optimistic about Zcash because Zcash is extremely protective of user privacy. This is the conclusion he came to after testing several mainstream coins that focus on privacy such as Monero.

The difference between Zcash and BTC is that BTC is a visible currency, while Zcash is an anonymous currency: Bitcoin transactions are recorded on the blockchain. Although users can generate countless addresses, the addresses and transactions on the chain are open and transparent. As long as there is a relationship between the BTC address and the real name, all the people in the transaction chain can be found by following the clues involved in the transaction. ZCash combines blockchain attributes with encryption attributes. The encryption layer prevents ZCash transactions from leaving traces in the blockchain. The only thing the outside world knows is that a transaction occurred.

Snowden is not the only one who is optimistic about anonymous coins. McAfee, the founder of McAfee, once expressed his view on Twitter that "Monero is the future." Bi always feels that Zcash and Monero cannot be judged as good or bad. A zero-knowledge proof and a ring signature each have their own advantages and disadvantages. However, when zooming into the entire anonymous currency market, black transactions and transactions that are unwilling to be disclosed will always exist, so it will be an absolute necessity. And one day, once the cryptocurrency market faces strong global regulation, the rigid demand for anonymous coins will be amplified. However, whether history will give such an opportunity, we can only wait and see.

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