Famed Whistleblower Edward Snowden Reveals He Took Part in the Zcash Launch Ceremony

Share This Post

Edward Snowden, the well-known whistleblower and former computer intelligence consultant who exposed the Five Eyes Intelligence Alliance, has revealed he took part in the Zcash creation ceremony. Snowden says that during the creation ceremony he “participated” and leveraged the “pseudonym John Dobbertin.”

Snowden Played the Role of ‘John Dobbertin’ During the Zcash Launch

A recent video published by Zcash Media explains that Edward Snowden was one of the six people who helped launch Zcash on October 23, 2016. According to the video, the six individuals did not know who the other participants were holding the Zcash private keys and they utilized pseudonyms to avoid identification.

Before the video was published it was known for years that the software developer Peter Todd participated in the ceremony as well. Todd actually wrote a comprehensive summary of the Zcash ceremony called the “Cypherpunk Desert Bus,” which explains what happened from his perspective.

However, Todd wrote an update on his blog post and struck through the text in the post below the update. “Taking this down for now until some questions about the deterministic builds are answered; currently I do not believe the Zcash trusted setup should be called a multi-party computation, making my involvement pointless,” Todd wrote.

In the video published by Zcash Media, Snowden is shown explaining that he too participated in the ceremony. “My name is Edward Snowden,” the famous American whistleblower says. “I participated in the Zcash original ceremony under the pseudonym John Dobbertin.” Snowden also discussed the issues with Bitcoin’s privacy in the video and stressed that a free currency is also private as well. Snowden remarked:

The problem with [bitcoin] is you can’t have truly free trade unless you have private trade. I’m just really happy to see that the Zcash project is moving us closer and closer towards that ideal of a free currency which is also a private currency.

Software Developer Peter Todd Responds

After the video published, Todd responded to the fact that Snowden was involved. “So turns out Snowden was one of the six participants in the Zcash trusted setup that I also participated in,” Todd tweeted. “Which I criticized heavily for being busted, followed by Zcash people falsely accusing me of sexual assault in retaliation.”

Others criticized Snowden for shilling Zcash while knowing he was an original creator. “Wow. I remember Snowden shilling zcash over bitcoin years ago. Really puts this in context,” the individual wrote.

What do you think about Edward Snowden being one of the original six key holders in the Zcash ceremony? Let us know what you think about this subject in the comments section below.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

LayerZero Under Intensified Bearish Pressure, Halting Recovery Efforts

LayerZero (ZRO) is currently experiencing a tumultuous phase as its recent recovery attempts falter amid mounting bearish pressure After initially showcasing potential, the altcoin’s upward

From $3.6T to $1.2T: The Surprising Decline in Stablecoin Transfer Volume Unveiled

Since October kicked off, the stablecoin market has experienced a modest boost, though overall growth has remained quite slow Currently, the sector is valued at $1727 billion, with 489% of

Can BRICS Dethrone World Bank and IMF? Why Cuba Is Betting on Its Growing Dominance

BRICS is emerging as a potential alternative to the World Bank and International Monetary Fund (IMF), challenging the dominance of Western-led financial institutions, according to Cuba’s Permanent

Dogecoin Price Flashes Sell Signal After 10% Jump, Is It Time To Get Out?

Dogecoin, the world’s largest meme coin by market capitalization is now flashing a major sell signal, indicating that it may be time for investors to get out fast, and sell off their tokens before

Wall Street Giant Morgan Stanley Bets Big On Bitcoin ETF: $272 Million Revealed

Last January 10th, 2024, the US Securities and Exchange Commission finally approved the Bitcoin ETF applications of 11 funds, including Fidelity, Grayscale, and Blackrock’s IBIT Within a month,

XRP’s Legal Status Unshaken Amid SEC Appeal – Ripple Prepares Counterstrike

Ripple’s legal chief has reaffirmed that the core ruling declaring XRP not a security remains intact despite the appeal by the US Securities and Exchange Commission (SEC) The