DarkFi developers spoke with Cointelegraph about how crypto is evolving in the face of privacy concerns, bad actors, and government oversight. Here is how it went:
against the Islamic State of Iraq and Syria while trying to introduce the local community to Bitcoin.
CT: What came first when developing DarkFi, the anarchist crypto vision, or the need of base layer solutions for multichain applications?With DarkFi, we want to build anonymous and secure crypto. Like what Monero and Zcash are for money, DarkFi is for apps/smart contracts. We felt there is a large market and need for being able to develop decentralized and anonymous financial applications. This has not been possible until now.
CT: How can encryption technologies contribute to a balanced environment between personal freedom and government oversight, and avoid bad actors at the same time?Encryption technologies’ purpose is to enable users to “hide stuff in plain sight.“ Oversight, government or otherwise, contradicts this, as it enables 3rd parties to “sniff” on what’s inside.
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