Why a true privacy tool can’t be built to comply with the State w/ Alan Szepieniec


September 11th, 2023

56 mins 45 secs

Your Host

About this Episode

TODAY'S 🎙SHOW: Douglas Tuman interviews Alan Szepieniec, a cryptography researcher and libertarian.

The two discuss the prominent blockchain privacy paper co-authored by Vitalik Buterin, the future of blockchain privacy vs surveillance coins. Alan explains why there’s a need to stop putting the state on a pedestal in the privacy debate in order to defend privacy in the future, the reason the US government doesn’t care as much about money laundering as long as it happens in US banks.

Alan also brought up a new cryptocurrency that he is working on which intends on being Quantum resistant. Doug recommends you check out the Monero Talk videos posted in the show notes for info on Quantum Resistance as it relates to Monero.
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00:00:00 Intro
00:02:20 An Introduction to Alan Szepieniec and His Background on Cryptography
00:04:20 The Intersection of Libertarianism and Cryptography
00:05:55 Concerns About Anonymous Digital Cash and Its Potential Misuse
00:09:15 The Importance of Privacy and Individual Rights
00:12:25 Proposals for Privacy in the Context of Cryptocurrency
00:15:50 Possibility of Privacy Solutions Gaining Adoption and Regulation
00:30:30 The Potential Impact of Quantum Computers on Cryptocurrencies
00:32:30 Overview of the Neptune Project and Its Goals
00:39:05 Addressing the Issue of Scalability and Workload in Privacy Coins
00:46:30 The Role of Network Effects in Cryptocurrency Adoption
00:48:30 Other Quantum-Resistant Projects and Cryptocurrencies
00:50:35 Neptune's Token Supply and Proof-of-Work Mechanism
00:51:30 Closing Remarks and the Role of the Market in Shaping Cryptocurrencies
00:55:25 Outro


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