ZCash and Monero

Monero and ZCash are two of the most well-known cryptocurrencies supporting strong features for private transactions. Some interesting posts on ZCash and Monero recently:

Better Faster Zksnarks

Monero: Private and Difficult to Use

Before reading the posts above, I did not realize that neither Monero nor ZCash had mobile or hardware wallet support. (Monero does seem to have a workaround through a mobile wallet that can be used on Chrome.) Obviously, that will hamper their adoption in the long term. On Monero’s end, the reason for this is unclear. On ZCash’s end, it seems that the heavy math involved in using Zksnarks for private transactions was preventing mobile and hardware wallet support. Hopefully the development discussed in the first post will make it more likely to emerge in the near future.

Author: Michael O'Connor

Michael O'Connor is a Visiting Assistant Professor of Law at Penn State. He teaches in the areas of cyber law, including data security & privacy, cybercrime, and emerging technologies. His scholarship focuses on cryptocurrency and blockchain technology, including securities regulation, money laundering, and other topics. He joined Penn State Law from private practice at the law firm Quinn Emanuel Urquhart & Sullivan LLP, where he was resident in the Washington, D.C., office. Before that, he clerked for the Hon. D. Brooks Smith on the U.S. Court of Appeals for the Third Circuit and worked for another major international law firm. While in private practice, Michael advised clients on legal planning for data breaches, their obligations for safe handling of personally identifiable information, and the legal implications from emerging technologies like Bitcoin, Ethereum, and the blockchain. He applied his technical training to patent cases involving semiconductor design, systems programming, and mobile device architecture. He also worked on multiple cases at the intersection of patent and antitrust law. Michael represented clients in cases before federal courts throughout the country, as well as before the International Trade Commission.​