We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes!
This week, our 6 Questions go to David Chaum, one of the earliest blockchain researchers and a world-renowned cryptographer and privacy advocate. He is the founder of Elixxir, Praxxis and the XX network, which encompass his decades of research and contributions in the field of cryptography and privacy.
David Chaum is the creator and founder of XX network, the first consumer-scale, quantum-ready online platform that enables value to be communicated and exchanged without revealing so-called “metadata.” David is a pioneer in cryptography and privacy-preserving technologies, and is widely recognized as the inventor of electronic cash. His work on cryptographic “vault systems” contains the first proposal for a blockchain protocol, containing all but one element detailed 26 years later in the Bitcoin white paper. David’s company, DigiCash, deployed a breakthrough cryptographic blind-signature protocol in 1995 to create the world’s first anonymous digital currency, eCash.
1 — What do you think will be the biggest trend in blockchain over the next 12 months?
At the moment, nonfungible tokens seem to be all the rage. But I think in the next 12 months, you’ll see people finally appreciating what true decentralization is. When people realize they can have a seat at the table, that they can own and participate in the governance of an entity, that’s when we will start seeing a lot of innovation and…