SaaS Interviews with CEOs, Startups, Founders
812: Crypto: $3m Raised, He's Build the SSL for Cryptocurrency
14 Oct 2017
Chapter 1: What is the main topic discussed in this episode?
founder of Zcash, really a brand new level of security, right, brought to the crypto ecosystem.
Chapter 2: What is Zcash and how does it differ from Bitcoin?
He's essentially what an SSL certificate is to a URL. He's basically doing that for crypto specifically, even though it's decentralized specifically, so people can't
Chapter 3: Why is additional security needed in cryptocurrency?
you know, reverse engineer patterns related to flows from one key to another. He's having a lot of success, partnership with JP Morgan. He's launching foundations around this space, obviously a leading authority here, $3 million raised and a very unique launch.
Chapter 4: What partnership did Zooko establish with JP Morgan?
This is The Top, where I interview entrepreneurs who are number one or number two in their industry in terms of revenue or customer base. You'll learn how much revenue they're making, what their marketing funnel looks like, and how many customers they have. And I'm your host, Nathan Latka. Many of you listening right now don't have time to listen to every B2B SaaS CEO that I've interviewed.
Chapter 5: How did Zcash manage to attract users globally?
If you want to get access to the database I've created with
year-over-year growth rates customer accounts margins and many many other data metrics and data points you can go to getlatka.com here's the thing though this that database i keep it to myself it's so freaking valuable and to preserve the quality of the data and make sure that the people that have access to it have a true advantage i'm only letting 10 companies on each month
So we're full this month, but you can go to getlatka.com to get on the waiting list for next month. And look, there's big people on the waiting list.
Chapter 6: What is the unique mining strategy employed by Zcash?
I mean, the biggest VCs you've ever heard of. You've probably heard of them. They're big, private equity, billions and billions under management.
Chapter 7: What are the implications of Zcash's mining rewards for stakeholders?
So it's an impressive waiting list. Go get on now at getlatka.com. Hello, everyone. My guest today is Zuko Wilcox. He is the creator, if you're familiar with crypto, you may have heard of it, of Zcash. Now, he has more than 20 years of experience in open, decentralized systems, cryptography, and information security, along with startups in general.
He's recognized for his work on DigiCash, Mojo Nation, many, many other things that he's worked on. He's also the founder of Least Authority. Now, if you follow him on Twitter, you know he sometimes blogs about health and science, but he's an active tweeter, very active in the crypto space. Zuko, are you ready to take us to the top?
Okay.
All right. Thanks for having me.
Chapter 8: What advice does Zooko have for his younger self?
You bet. Thanks for coming on. So explain to us, for an audience that might not be hugely familiar with crypto, what is Zcash?
It's a cryptocurrency. So it's like Bitcoin, if you're familiar with that. And it adds improved data security.
So one of the, I'm going to put this out there and you can confirm it or deny, I think you've used this analogy before, but if Bitcoin is kind of the HTTP for a browser length, and SSL was invented to add security there, you are essentially the SSL version of Bitcoin. Is that accurate?
Yeah, I like that analogy because we protect the access to the data, the confidentiality of the data that goes into the blockchain.
And why is this necessary? I mean, one of the things that I thought the reasons crypto is taking off is because it's decentralized, anonymous, and people can do it undercover. Why do you need more security?
You know, when the internet was new, people thought nobody on the internet, nobody knows you're a dog because your IPv4 address doesn't have your home address or your legal name in it. It's just four numbers. But later we figured out that's totally not sufficient to make you anonymous or give you security on the internet.
You need a lot more tools such as SSL before you could use the internet for things like banking and confidential business data and stuff like that. And similarly with Bitcoin, it was a real breakthrough. And when it was new, people naively thought, since your Bitcoin address doesn't have your home address, your legal name baked into it, then it's basically secure.
But I always knew from my experience working in similar fields that that was not going to be sufficient.
And where's the gap there? Give us an example of where that's backfired.
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