Ethereum Co-Founder Vitalik Buterin Admires The Zcash Community

By Kapil Gauhar

The co-founder of Ethereum, Vitalik Buterin talked about the imperative aspects of other crypto communities which can be received by the Ethereum Foundation, amid the Ethereum San Francisco occasion. Balaji Srinivasan, the CTO of Coinbase, likewise talked about how Coinbase is staying aware of the technological improvement at the event.

Vitalik uncovered that he appreciates how the Zcash community separates between Zcash Foundation and Zcash Co, expressing that Founder of Zcash, Zooko Wilcox-O’Hearn was a part of Zcash Co. He additionally expressed that members of the community had a limited level of impact on the network.

Vitalik went on to state:

In the other one, interesting ideas that I think Zokoo came up with this idea that practical control over protocol development and control over trademark ownership should be maximally separate.

He kept on saying that it was a fascinating thought that Ethereum and other open blockchains should consider embracing because there was no other great method of having a trademark which isn’t claimed by anybody. Buterin expressed that Zooko’s methodology was “even-minded” and can diminish “centralisation”.

Moreover, Coinbase’s CTO Balaji Srinivasan talked about the following technological headways outside of Coinbase. He expressed that the platform was taking a gander at a few aspects of privacy coins, for example, zk-SNARK as well as Bulletproof. Also, Coinbase is very updated about the technology behind stable coins, and token curated vaults.

Balaji Srinivasan finished up by saying that Coinbase has made his decision to implement the technique which is trailed by the tech giant, Apple. As indicated by him, Apple performs a technology which is in its underlying stage, and once the technology is completed, they make it mainstream.