How do zero knowledge proofs work? How do you create a zero knowledge proof transaction? Are they computationally difficult? Are privacy coins useful in authoritarian environments? Will MimbleWimble displace Zcash? What implications does the Zcash inflation vulnerability have for privacy in Bitcoin? What problem could banks or international governments pose for Bitcoin without privacy and fungibility?
These question are from the February monthly subscriber session, the sixth session of MOOC 11, and the Seoul Bitcoin meetup, which took place on February 23rd, March 7th, and April 5th 2019 respectively. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop
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Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.
Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/
He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.
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MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9
Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/
THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs
THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ
Translations of THE INTERNET OF MONEY:
Spanish, ‘Internet del Dinero’ (v1) – https://amzn.to/2yoaTTq
German, ‘Das Internet des Geldes’ (v1) – https://amzn.to/2LEiyqO
German, ‘Das Internet des Geldes’ (v2) – https://amzn.to/2VCzse5
French, ‘L’internet de l’argent’ (v1) – https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390
Russian, ‘Интернет денег’ (v1) – https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-deneg
Vietnamese, ‘Internet Của Tiền Tệ’ (v1) – https://alphabooks.vn/khi-tien-len-mang
MASTERING ETHEREUM (Q4): https://amzn.to/2xdxmlK
Music: “Unbounded” by Orfan (https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
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If you want to pay more tx you should be able to have private transactions?
mw
Moneroooo 🙂
"My bags are packed" , A.A.
" i carry them under my eyes "
Excellent video ! I would like to see more like this from you. Also, really appreciated the topics of privacy and fungibility.
You work for the banks Andreas. Every time you get a paycheck to shill small blocks, you're being paid by the crony banksters. You know that Blockstream works for the banks, and is in bed with tether/Bitfinex. You know that that BTC was taken over and destroyed as a peer-to-peer cash system. You're hurting a lot of people by doing this.
He has to have the lowest dislikes on youtube…we just love your videos and they are very informative. Thank you!!
What about submarine swaps? What are they?
Can some BTC hodler from 2009 please donate a microphone to this man?
Monero (L)
A brilliant mind.
super relevant considering a bill proposed by mr. Sherman
Hey, I love you. Don`t worry about a thing, because every little thing is ganna be alright!, We are humans, we are better than angels, they serve us.
So why hope in privacy in Bitcoin when You have Monero that already has it?
I agree about privacy in the second layer as we can all run to the first layer if a bug is found. What will happen when a bug is found in a large enough currency it will remain for a long time until it collapses like all other inflated currencies. The point is people need a place to go should this happen.
Is there anyway to know – When I buy Bitcoin, if those Bitcoin are from a Exchange Hacked Address.
Greetings from New Zealand Andreas, Well-Being & Happiness #Awesome #Gossip
Cloak Coin has been around since 2014, audited in 2017, survived bear markets, unlisted from Binance (my theory: competition for their own p. coin), low supply and very undervalued.
Hey Andreas. You will never know how much you have taught me. The edges on the coin are called Reeded edges. Just in case you wanted to know. Thanks for everything you do for this space. The future looks so bright. ?
I am not sure I understand what the negative effects of non fungibility would be. If there is a threat from authoritarians to force an exchange or mining pool to blacklist specific coins, why should the solution be privacy? Shouldn't the solution be more decentralization? ..Make the authoritarians have to go after every single user, instead of just the exchange or mining pool.
I am entertaining the idea that individual users can have their own blacklists (or in effect, exchange rates) of coins (or other users), which would give the ability for people to essentially extract wealth from other who they believe do not deserve it. So in effect, people cannot take the money and run. there would be no where to run, their money would just be devalues accordingly
I don't think anonymity should be sought. It will advantage big data even moreso. They will have enough data to peel back the anonymity layer, but other regular users will have no such power. I think it is better to give more of that ability to everyone.
Add: actually, if authoritarians attempt to get business owners, etc to blacklist coins, and the public in general doesn't agree with it, the public can just devalue the authoritarians currency, and they will no longer be authoritarians.. lol
Thanks for sharing your knowledge.
okay who can give me a link for some virgin bitcoin?
smashed like before watching.. consistently good content – keep up the good work!
Well, fungibility in Venezuela is crazy, cash is valued over their printed price , sometimes 2x 3x is it goes on …….
what about pEOS privacy coin? monero with the speed of eos! I find it interesting
Andreas someday I would love to hear your view on privacy for smart contracts. I'm specially thinking of Enigma and their secret contracts which can be truly groundbreaking.
Thank you Mr. Antonopolous?
Can you "wash trade" your bitcoin through lighting network, or I'm talking nonsense??
9:40 can someone explain this in detail please ? Does the "new coin " show in the miners address? If yes how can we tell for sure it is from the 12.5 BTC ( fresh from the oven ) as he mentioned please?
Gr8 stuff as always
Wasabi wallet has coinjoin built in for high privacy. Samourai Wallet has Stonewall and Whirlpool. Bitcoin has already gotten much more privacy tools in the recent past, not to mention the things currently being tested ?
Smashed the like