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Topic: Grandfather of transactional cryptography explains his new approach to Bitcoin (Read 111 times)

member
Activity: 296
Merit: 12
David Chaum made a significant contribution to cryptography and thus to the emergence of bitcoin. However, this guy already tried doing business before and failed even though he had pretty interesting and high quality tech behind it:
Quote
Chaum's DigiCash project came "within close range of achieving a global level of success." However, it ultimately failed to grow its user base to a sufficient size to support its operations. It may have been a combination of infighting among DigiCash developers and team members and a lack of adoption around the world that ultimately led to the downfall of the system
How can we he sure that this time he'll find enough funding and support, will secure strong partnerships and not fight over development matters with other people?
This project does not have enough supporters to become the next big thing yet.

One of their biggest seed investors was Chris Larsen founder of ripple which I found interesting
legendary
Activity: 3248
Merit: 1402
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David Chaum made a significant contribution to cryptography and thus to the emergence of bitcoin. However, this guy already tried doing business before and failed even though he had pretty interesting and high quality tech behind it:
Quote
Chaum's DigiCash project came "within close range of achieving a global level of success." However, it ultimately failed to grow its user base to a sufficient size to support its operations. It may have been a combination of infighting among DigiCash developers and team members and a lack of adoption around the world that ultimately led to the downfall of the system
How can we he sure that this time he'll find enough funding and support, will secure strong partnerships and not fight over development matters with other people?
This project does not have enough supporters to become the next big thing yet.
jr. member
Activity: 193
Merit: 4
Well we look forward to how they will be able to achieve what the promise because what they promise to offer is way different from what the entire crypto community understand and are making use of.
jr. member
Activity: 300
Merit: 5
I would imagine this platform is going to do well among the crypto native especially if it performs how they are claiming
jr. member
Activity: 312
Merit: 1
I keep coming across the Elixxir project founded by David Chaum which has a lot of people in the crypto community pretty excited. The Elixxir platform uses mix networks and precomputation to help address speed, privacy, scalability and security.

They just shared a great video explaining the how in this video: https://www.youtube.com/watch?v=G33MlD3XyKU

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