ZCash
Zcash is a privacy-focused cryptocurrency based on Bitcoin's codebase. It shares many similarities, such as a fixed total supply of 21 million units. Transactions can be transparent, similar to bitcoin transactions, or they can be shielded transactions which use a type of zero-knowledge proof to provide anonymity in transactions. Zcash coins are either in a transparent pool or a shielded pool. Zcash offers private transactors the option of "selective disclosure," allowing users to prove payment for auditing purposes. One such reason is to make it easier for private transactors to comply with anti-money laundering laws and tax regulations. Use Zcash transactions can be transparent, similar to bitcoin transactions, in which case they are controlled by a "t-addr" or shielded and controlled by a "z-addr." A shielded transaction uses a type of zero-knowledge proof, specifically a non-interactive zero-knowledge proof, called "zk-SNARK," which provides anonymity to the coin hold ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Equihash
Equihash is a memory-hard Proof-of-work algorithm introduced by the University of Luxembourg's Interdisciplinary Centre for Security, Reliability and Trust (SnT) at the 2016 Network and Distributed System Security Symposium. The algorithm is based on a generalization of the Birthday problem which finds colliding hash values. It has severe time-space trade-offs but concedes vulnerability to unforeseen parallel optimizations. It was designed such that parallel implementations are bottle-necked by memory bandwidth in an attempt to worsen the cost-performance trade-offs of designing custom ASIC implementations. ASIC resistance in Equihash is based on the assumption that commercially-sold hardware already has quite high memory bandwidth, so improvements made by custom hardware may not be worth the development cost. General Equihash was proposed by Alex Biryukov and Dmitry Khovratovich as part of the University of Luxembourg research group CryptoLUX. It was introduced at the Network ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Zooko Wilcox-O'Hearn
Zooko Wilcox-O'Hearn (born Bryce Wilcox; 13 May 1974 in Phoenix, Arizona), is an American Colorado-based computer security specialist, self-proclaimed cypherpunk, and ex-CEO of the Electric Coin Company (ECC), a for-profit company leading the development of Zcash. Biography He is known for the Tahoe Least-Authority File Store (or Tahoe-LAFS), a secure, decentralized, fault-tolerant filesystem released under GPL and the TGPPL licenses. He is the creator of the Transitive Grace Period Public Licence (TGPPL). Wilcox-O'Hearn is the designer of multiple network protocols that incorporate concepts such as self-contained economies and secure reputation systems. He is a member of the development team of ZRTP and the BLAKE2 cryptographic hash function. Zooko's triangle is named after Wilcox-O'Hearn, who described the schema that relates three desirable properties of identifiers in 2001. Wilcox-O'Hearn was founder and CEO of Least Authority Enterprises in Boulder, Colorado where he i ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Cypherpunk
A cypherpunk is one who advocates the widespread use of strong cryptography and privacy-enhancing technologies as a means of effecting social and political change. The cypherpunk movement originated in the late 1980s and gained traction with the establishment of the "Cypherpunks" electronic mailing list in 1992, where informal groups of activists, technologists, and cryptographers discussed strategies to enhance individual privacy and resist state or corporate surveillance. Deeply libertarian in philosophy, the movement is rooted in principles of decentralization, individual autonomy, and freedom from centralized authority. Its influence on society extends to the development of technologies that have reshaped global finance, communication, and privacy practices, such as the creation of Bitcoin and other cryptocurrencies, which embody cypherpunk ideals of decentralized and censorship-resistant money. The movement has also contributed to the mainstreaming of encryption in every ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Zero-knowledge Proof
In cryptography, a zero-knowledge proof (also known as a ZK proof or ZKP) is a protocol in which one party (the prover) can convince another party (the verifier) that some given statement is true, without conveying to the verifier any information ''beyond'' the mere fact of that statement's truth. The intuition underlying zero-knowledge proofs is that it is trivial to prove possession of the relevant information simply by revealing it; the hard part is to prove this possession without revealing this information (or any aspect of it whatsoever). In light of the fact that one should be able to generate a proof of some statement ''only'' when in possession of certain secret information connected to the statement, the verifier, even after having become convinced of the statement's truth, should nonetheless remain unable to prove the statement to further third parties. Zero-knowledge proofs can be interactive, meaning that the prover and verifier exchange messages according to some pro ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Money Laundering
Money laundering is the process of illegally concealing the origin of money obtained from illicit activities (often known as dirty money) such as drug trafficking, sex work, terrorism, corruption, and embezzlement, and converting the funds into a seemingly legitimate source, usually through a front organization. Money laundering is illegal; the acts generating the money almost always are themselves criminal in some way (for if not, the money would not need to be laundered). As financial crime has become more complex and financial intelligence is more important in combating international crime and terrorism, money laundering has become a prominent political, economic, and legal debate. Most countries implement some anti-money-laundering measures. In the past, the term "money laundering" was applied only to financial transactions related to organized crime. Today its definition is often expanded by government and international regulators such as the US Office of the Comp ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Cryptocurrency Wallet
A cryptocurrency wallet is a device, physical medium, program or an online service which stores the Public-key cryptography, public and/or private keys for cryptocurrency transactions. In addition to this basic function of storing the keys, a cryptocurrency wallet more often offers the functionality of encrypting and/or Digital signature, signing information. Signing can for example result in executing a smart contract, a cryptocurrency transaction (see "bitcoin transaction" image), Digital signature#Authentication, identification, or Electronic signature, legally signing a 'document' (see "application form" image). History In 2008 bitcoin was introduced as the first cryptocurrency following the principle outlined by Satoshi Nakamoto in the paper “Bitcoin: A Peer-to-Peer Electronic Cash System.” The project was described as an electronic payment system using cryptographic proof instead of trust. It also mentioned using cryptographic proof to verify and record transactions o ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Block Reward
A cryptocurrency (colloquially crypto) is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. Individual coin ownership records are stored in a digital ledger or blockchain, which is a computerized database that uses a consensus mechanism to secure transaction records, control the creation of additional coins, and verify the transfer of coin ownership. The two most common consensus mechanisms are proof of work and proof of stake. Despite the name, which has come to describe many of the fungible blockchain tokens that have been created, cryptocurrencies are not considered to be currencies in the traditional sense, and varying legal treatments have been applied to them in various jurisdictions, including classification as commodities, securities, and currencies. Cryptocurrencies are generally viewed as a distinct asset class in practice. The first cryptocurrency wa ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Johns Hopkins University
The Johns Hopkins University (often abbreviated as Johns Hopkins, Hopkins, or JHU) is a private university, private research university in Baltimore, Maryland, United States. Founded in 1876 based on the European research institution model, Johns Hopkins is considered to be the first research university in the U.S. The university was named for its first benefactor, the American entrepreneur and Quakers, Quaker philanthropist Johns Hopkins. Hopkins's $7 million bequest (equivalent to $ in ) to establish the university was the largest Philanthropy, philanthropic gift in U.S. history up to that time. Daniel Coit Gilman, who was inaugurated as :Presidents of Johns Hopkins University, Johns Hopkins's first president on February 22, 1876, led the university to revolutionize higher education in the U.S. by integrating teaching and research. In 1900, Johns Hopkins became a founding member of the Association of American Universities. The university has led all Higher education in the U ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Silicon Valley
Silicon Valley is a region in Northern California that is a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical area of the Santa Clara Valley. The term "Silicon Valley" refers to the area in which high-tech business has proliferated in Northern California, and it also serves as a general metonymy, metonym for California's high-tech business sector. The cities of Sunnyvale, California, Sunnyvale, Mountain View, California, Mountain View, Palo Alto, California, Palo Alto and Menlo Park, California, Menlo Park are frequently cited as the birthplace of Silicon Valley. Other major Silicon Valley cities are San Jose, California, San Jose, Santa Clara, California, Santa Clara, Redwood City, California, Redwood City and Cupertino, California, Cupertino. The San Jose Metropolitan Area has the third-highest GDP per capita in the world (after Zürich, Switzerland, and Oslo, Norway), accor ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Colorado
Colorado is a U.S. state, state in the Western United States. It is one of the Mountain states, sharing the Four Corners region with Arizona, New Mexico, and Utah. It is also bordered by Wyoming to the north, Nebraska to the northeast, Kansas to the east, and Oklahoma to the southeast. Colorado is noted for its landscape of mountains, forests, High Plains (United States), high plains, mesas, canyons, plateaus, rivers, and desert lands. It encompasses most of the Southern Rocky Mountains, as well as the northeastern portion of the Colorado Plateau and the western edge of the Great Plains. Colorado is the List of U.S. states and territories by area, eighth-largest U.S. state by area and the List of U.S. states and territories by population, 21st by population. The United States Census Bureau estimated the population of Colorado to be 5,957,493 as of July 1, 2024, a 3.2% increase from the 2020 United States census. The region has been inhabited by Native Americans in the United St ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |