Crypto Expert Explains What Satoshi REALLY Wanted
In this video, crypto expert Zooko Wilcox (founder of Zcash) explains the origins of the first cryptocurrency, Bitcoin, and what its creator, Satoshi Nakamoto, really wanted, but disappeared before they could achieve. Zooko explains how eventually scientists were able to fulfill Satoshi’s vision through the invention of a new type of cryptography called Zero Knowledge Proofs and how this ultimately led to the creation of Zcash.
00:00 Intro 00:41 Before Bitcoin: The Failure of DigiCash 01:37 The 12-Year Struggle: Cypherpunks vs. The Centralization Problem 03:01 Enter Bitcoin: Satoshi’s Proposed Solution To The Centralization Problem 05:20 Early Days: Bitcoin’s First Blogpost & Satoshi’s Webpage 10:07 Bitcoin’s Major Flaw: The Second Problem Satoshi Wanted to Solve 12:31 Satoshi Proposes A Solution To Bitcoin’s Privacy Problem 14:03 What Did Satoshi Mean By A More Useable Version of Bitcoin? 17:20 Passing The Torch: Solving What Satoshi Couldn’t
Crypto Expert Explains What Satoshi REALLY Wanted
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