The Canadian nonprofit Open Privacy is working on Cwtch, a zcash-fueled messaging app with more decentralization than Telegram or Signal.
"Cwtch is focused on building a decentralized infrastructure," said Open Privacy founder Sarah Jamie Lewis.
Now, thanks to a donation from the Zcash Foundation's donation of roughly $40,000, the nonprofit will hire a designer and continue research on the payment aspects of the system.
"You would top off at some point using zcash or any other payment methods."
Even the zcash option will rely on shielded transactions, which requires a node that very few people know how to operate.
"Server-side support is only half the battle, and the most critical aspect of this whole endeavour will be getting people who use Cwtch to a position where they can easily use zcash to pay for anonymous services, or even accept it themselves," Open Privacy said in a press statement.
The difference is, private keys and user identifiers can be used to unlock certain conversations, including private group chats and direct messages.
George Tankersley, the Zcash Foundation's director of engineering, said he hopes to incorporate insights and feedback from Cwtch into the "Zebra" zcash implementation.
"One of our goals is to do more work with external users and even competitors of zcash and to allow that to drive our priorities going into 2020," Tankersley said.
Open Privacy, founded in 2018, is funded primarily through user donations of bitcoin, zcash and monero.
Zcash Foundation Funds App Mixing Private Messaging and Payments
Published on Dec 3, 2019
by Coindesk | Published on Coinage
TikTok hype triggers 100% Dogecoin rally-and Tron's Justin Sun wants in
Dogecoin has been on a hell of a rally over the past few days.
How the Ethereum DeFi market just blasted past $2 billion to a record high
According to DeFiPulse.com, the total value locked in the DeFi market now exceeds $2.13 billion.
Centre Freezes Ethereum Address Holding $100K USDC
Centre, the company that issues the stablecoin USD Coin has blacklisted an Ethereum address holding $100,000 in USDC in response to a law enforcement request.
Nearly 6% of Kyber's Token Supply Staked in One Day
Over $16 million worth of KNC have been staked within 24 hours of Kyber launching the service.