"ZODL is to Zcash What Coinbase Was to Bitcoin" | Josh Swihart on ZEC’s Awakening
What happens when every payment, wallet, and onchain interaction becomes searchable by governments, companies, adversaries, and AI? Josh Swihart, founder and CEO of Zcash Open Development Lab, joins David to explain why Zcash is having a major privacy comeback, how ZODL and the Zashi wallet helped unlock real shielded adoption, why the shielded pool may be the most important ZEC metric, and what it will take for private money to become too big to kill.
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TIMESTAMPS
0:00 Intro
4:17 Privacy in the AI Era
6:19 Crypto’s Missing Privacy Layer
9:49 The Political Fight for Privacy
14:42 Can Crypto Retain Privacy?
16:47 From Zashi to ZODL
19:48 The Zcash Reawakening
21:41 Balaji, Funding, and the Mission
24:49 Product Market Fit for Shielded ZEC
27:51 ZODL's Role in the Zcash Stack
29:36 The Zcash Roadmap
32:56 What Is ZEC and is it Undervalued?
36:56 The Shielded Pool Explained
45:12 The $25M ZODL Raise
47:16 Compliance and Shielded ZEC
51:25 Institutions vs Cypherpunk Values
53:58 Personal Privacy in an AI World
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RESOURCES
Josh Swihart
https://x.com/jswihart
ZODL
https://x.com/zodl_app
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn
Zcash founder Zooko Wilcox joins Bankless to argue that privacy is back on the critical path—because AI turns chain surveillance into pattern-recognition at scale—and that the real bottleneck for cypherpunk tools has always been UX and onboarding.
We dig into Zcash’s “encrypted Bitcoin” meme, the dev fund’s evolving design (and why it helped Zcash survive), recent ZEC momentum, and the wallet/intents stack that makes private spending actually usable.
Plus: why “value at rest” beats “value in flight,” what it would take for Ethereum to get meaningful privacy, and the debate over strengthening the 21M cap (and whether Zcash should add new security mechanisms without losing the meme).
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TIMESTAMPS
0:00 Intro
0:46 What Failed
3:58 What Succeeded
5:04 Institutional Adoption
6:53 Areas Neglected
10:51 The Cypherpunk Vision
18:53 Can The Cypherpunks Win?
23:19 Crypto’s Path to Success
27:44 Crypto vs Linux
30:39 AI Cypherpunks?
33:05 Optimism
35:49 AI Surveillance
37:10 Zcash
43:02 Zcash Dev Fund
51:45 Zashi Governance Drama
56:32 Zcash Privacy Practices
1:15:56 AI Privacy Consequences
1:22:31 Is Zec a Store of Value
1:26:01 Encrypted Bitcoin?
1:29:01 Ethereum Privacy & Anoma
1:33:14 Closing & Disclaimers
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RESOURCES
Zooko
https://x.com/zooko
Zcash
https://z.cash/
Zashi
https://z.cash/ecosystem/zashi-wallet/
Anoma
https://anoma.net/
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
Why the Privacy Coins Mania Is Much More Than Price Action - Ep. 945
In this episode, Josh Swihart, CEO of the Electric Coin Company, which created Zcash, and Harry Halpin, co-founder of Nym, join Laura to delve into why privacy coins have taken off, and why technology is suddenly at the center of conversations involving governments, financial institutions, and national security officials.
They discuss what’s actually driving the privacy coin renaissance, why transparent ledgers create risks far beyond user behavior, and how technologies like zero-knowledge proofs and mixnets are reshaping what’s possible onchain.
Josh and Harry also break down exchange support, institutional interest, the Zcash DAT, upcoming Zcash upgrades, and whether Ethereum or Solana (or others) can realistically add privacy to chains that were never designed for it.
Thank you to our sponsors!
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Guests:
Josh Swihart, CEO of the Electric Coin Company
Harry Halpin, CEO and Co-founder of Nym Technologies
Timestamps:
🎬 0:00 Teaser Clip
🎙️ 1:14 Introduction
🌅 1:29 The reasons why Harry and Josh say we’re in a privacy “renaissance”
🛡️ 11:00 Why privacy matters, and how Harry first got pulled into the space
🔐 15:59 How zero-knowledge proofs and other privacy technologies actually work
⚡ 21:12 Why Josh started Zcash and what his long-term vision looks like
📊 24:48 The real-world ways Zcash is being used
💸 28:40 How the Winklevoss brothers are backing the new wave of privacy projects
🏛️ 30:12 How centralized exchanges should support privacy
🕵️ 35:56 Why financial institutions are suddenly interested in privacy and why governments see it as a national-security issue
🌐 38:42 How Nym aims to protect metadata and network-level privacy
🪙 44:47 Why Nym has a token and what role it plays
🔭 49:53 What’s coming next for privacy tech and for Zcash
🧱 54:55 Whether Ethereum, Solana, or other L1s can realistically add privacy to chains that weren’t designed for it
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135 - Crypto Wars 2.0 with Zooko
✨ DEBRIEF ✨ | Ryan & David's Unfiltered Thoughts on the Episode: https://shows.banklesshq.com/p/debrief-crypto-wars-20
As the dust settles with Tornado Cash’s sanctioning news and the arrest of Alexey Pertsev, the space is drawing parallels to the early days of crypto, Crypto Wars 1.0.
We brought on OG cypherpunk privacy developer and co-founder of Zcash, Zooko to talk about Crypto Wars 2.0.
Crypto privacy is being tested in new ways and Zooko couldn’t be in a better place to explain the current complexities. What’s the case for crypto privacy? Why is it such a tough problem to solve? Why is Zooko optimistic about the future of crypto privacy?
What are your thoughts on crypto privacy? Let us know in the comments or on Twitter @banklesshq
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------ Topics Covered:
0:00 Intro 6:25 Zooko’s Background 8:30 The State of Crypto Privacy 13:26 A Privacy Enabled Society 18:34 The Case for Privacy 27:53 Why Privacy Equals Freedom 32:38 The Chilling Effect 35:26 Negative Externalities 38:28 Consent & A.I. 47:22 A.I. vs. Cryptography & Law 55:53 Crypto Wars 1.0 vs. 2.0 1:05:25 CDBC & The Clipper Chip 1:09:26 Why Isn’t Crypto Privacy Bigger 1:18:45 The Crypto Experiment 1:22:51 Solving the Privacy Problem 1:24:30 Privacy & DeFi 1:30:00 PoS & Roll-ups 1:42:50 Optimism on Crypto Privacy
------ Resources:
Zooko https://twitter.com/zooko
Zcash https://z.cash/
----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Zcash's Zooko Says Crypto Users Must Have The Choice To Transact Privately
This week on The Defiant podcast we speak to Zooko, the founder of Zcash.
Privacy remains one of the hottest issues in crypto after the U.S. Treasury’s recent move to sanction Tornado Cash. Zooko believes the ability to consent to what information is made public is more about freedom than privacy and he thinks that eventually, this will be expected in the blockchain space.
We explore what a private transaction using ZEC actually looks like, with shielded addresses visible only to the sender and receiver.
Finally, Zooko talks about The Electric Coin Company’s future plans, which include moving Zcash from proof-of-work to proof-of-stake and a standalone wallet.
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Zcash's Zooko Wilcox on Why He Believes Privacy Coins Will Be Used More for Good Than Bad
Zooko Wilcox, the founder and CEO of the Zcash company, explains why he wanted to create the privacy coin Zcash, why he believes privacy is essential to decentralization, and how encryption is the way censorship-resistance can be created on a technical level. We talk about the revelation that the NSA was targeting Bitcoin users by gathering details on their devices and how even Zcash users could be targeted the same way, but why Zooko believes most people are more concerned about other threats. We also delve into the Facebook/Cambridge Analytics news and why people don't see to care about privacy and why so few people choose to transact privately in Zcash. He also describes he would feel if he knew that criminals were using Zcash for horrible crimes.
Zcash company: https://z.cash/
Matthew Green's bitter tweet about Cryptokitties raising $12 million when he had to beg VCs to give Zcash a fraction of that amount: https://twitter.com/matthew_d_green/status/976298627759972353
The transaction that Zooko and I dissect during the episode: https://explorer.zcha.in/transactions/eed1d3993e52863fd33f9961672a22d016ca2a63f1e452b7d27fc41f5a2f2664
The Intercept article about the NSA tracking Bitcoin users: https://theintercept.com/2018/03/20/the-nsa-worked-to-track-down-bitcoin-users-snowden-documents-reveal/
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56: How To Launch Your Own Form Of Money
By now you've probably heard of Bitcoin. But Bitcoin isn't the only digital currency. In fact, there are hundreds of "altcoins" out there, all of which are different from Bitcoin in varying degrees. One of the hottest new currencies is ZCash, a digital currency designed to provide more anonymity than Bitcoin. And unlike Bitcoin, whose founder is pseudonymous and unknown to the public, ZCash was backed by a company with a known team. In the latest episode of Odd Lots, ZCash founder Zooko Wilcox explains how and why he launched his own currency and explains why anyone would actually use it.
See omnystudio.com/listener for privacy information.