Balancing Privacy and Regulatory Concerns in the Crypto Space

Balancing Privacy and Regulatory Concerns in the Crypto Space

Balancing privacy and programmability is notoriously difficult. In this episode of the Public Key Podcast, host Ian Andrews speaks with the creator of a Layer 1 privacy focused blockchain, Elena Nadolinski, Founder and CEO of the Iron Fish foundation. 

Elena explains what it means to have programmability in a fully private environment and how the Iron Fish Foundation is balancing privacy and regulatory concerns in the crypto space. 

She also demystifies the differences between mixers and privacy coins, while explaining how Iron Fish as a privacy platform has the ability to support multiple assets and their plans to bridge other chains.

Elena clarifies what is zero knowledge proof and how view keys are utilized in a way that is very much analogous to how the non-crypto financial world works today.

Minute-by-minute episode breakdown

• (2:15) - Introduction to Iron Fish’s L1 blockchain and its privacy features 
• (4:04) - Elena's background and journey from AirBNB  into crypto
• (7:25) - Evolution of zero-knowledge proofs and their importance in privacy
• (13:06) -Differences between mixers, ZCash and Iron Fish’s privacy protocol and multi-chain capabilities
• (17:05) - Iron Fish’s focus on usability and blockchain interoperability 
• (21:02) -Balancing privacy and regulatory concerns in the crypto space
• (26:05) - Explaining the concept of view keys for privacy and transparency
• (31:37) - Future roadmap for Iron Fish including asset support and community growth

Related resources

Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.

• Website: Iron Fish: Seamless, Safe Crypto
• Blog: Verified Assets on Iron Fish!
• Article: Sequoia Capital - Elena Nadolinski: Privacy for the People
• Blog: Web3 = Web2++: The Iron Fish Vision 
• Announcement: The Privacy Layer for Web3, Iron Fish, Launches Node Application, Enabling Privacy-conscious Users to Run a Full Node in One Clicks
• Blog: Understanding View Keys in Iron Fish
• Blog: Vulnerability in Curve Finance Vyper Code Leads to Multi-Million Dollar Hack Affecting Several Liquidity Pools [UPDATED 8/8/23]
• YouTube: Chainalysis YouTube page 
• Twitter: Chainalysis Twitter: BuildCareers at Chainalysising trust in blockchain
• Tik Tok: Building trust in #blockchains among people, businesses, and governments.
• Telegram: Chainalysis on Telegram

Speakers on today’s episode

• Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) 
• Elena Nadolinski (Founder and CEO, Iron Fish)

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