Google Co-founder Is Mining Ethereum, Says ZK-Proof Is Mind Boggling July 9, 2018 July 9, 2018 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
NewsJuly 9, 2018 by Kelly Cromley

Google Co-founder Is Mining Ethereum, Says ZK-Proof Is Mind Boggling

According to a report published by Trustnodes, Sergey Brin, Google co-founder, is mining Ethereum (ETH) along with his ten year old son. Brin revealed the information when he made a surprise visit to the blockchain summit being conducted at Sir Richard Branson’s island.

Brin did not say whether he or his son play Criptokitties, but stated that Zcash’s zero knowledge proofs as “mind boggling”. To a certain extent, zero knowledge proof technology is incorporated into Ethereum protocol.

In cryptography, a zero-knowledge proof or zero-knowledge protocol is a process by which one party can prove to another party that she knows a value z, without conveying any information apart from the fact that she knows the value z.

Regarding authentication of records and potential of blockchain technology, Brin could see a bright future for these technologies. The information was revealed by according to Eva Kaili, an EU Member of Parliament. No other cryptocurrency event has ever seen such a high profile visit at the last minute.

In a letter to investors, Sergei Brin stated

“Every month, there are stunning new applications and transformative new techniques. In this sense, we are truly in a technology renaissance, an exciting time where we can see applications across nearly every segment of modern society.”

Notably, Vitalik Buterin, Ethereum inventor, recently met Eric Schmidt, Former executive chairman of Google and Alphabet. Facebook has recently appointed a director of blockchain technology and is also believed to be working towards the launch its own cryptocurrency.

Likewise, Reddit co-founder Alexis Ohanian is now preparing to launch a venture capital fund focused on blockchain technology. Cryptocurrency investors would be quite pleased to see the gradual adoption of blockchain technology by major firms at Wall Street.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.