Shielded Labs has now funded efforts that helped to discover and remediate at least two major vulnerabilities in Zcash before they could be used by the bad guys!
.@brian_armstrong says it's surprising that crypto has gotten as big as it has... on a public surveillance ledger... and that it's time for crypto to transition from HTTP (full transparency) to HTTPS (privacy)
We agree
That's why we're building on Zcash
one third of bitcoin's circulating supply sits in addresses with exposed public keys. zero quantum protection. ethereum has no migration plan. solana's implementation is optional. hedera shipped production post-quantum cryptography in november 2025 with the SEALSQ QS7001 chip, processes $10b+ in RWA settlements, has google and ibm running nodes, and trades at $3.73b. the market is pricing quantum preparedness at exactly zero. bitgo just ran the first quantum-resistant transaction on ethereum testnet two days ago. that's testnet. hedera's been live in production for six months. when this narrative rotates from "science fiction" to "engineering requirement" the repricing won't be gradual
the point of privacy in crypto is not that all transactions must be private or else
it's that it's a non-negotiable property required for a monetary asset to achieve: i) universal scale, ii) fungibility, iii) neutrality, iv) censorship resistance
The most clear and valuable use case for cryptocurrency is self-sovereign money
Self-sovereign money is not possible on a fully transparent ledger
Privacy is required for self-sovereign money
Zcash
Shielded Labs just hired another great engineer. Giovanni will be working on our core protocol efforts and supporting Partner Services. Welcome to the team, Giovanni!
https://t.co/tnNV028eoD