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Anonymous News Hub May Be Built With The Zcash Privacy Coin

Stefan by Stefan
16 Apr 2020 • 00:00
in Zcash News
Reading Time: 2 mins read
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Zcash broke, ZEC, price
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Recently, a group of developers have revived their designs for an anonymous news hub which could be built based on the privacy-centric blockchain Zcash. The aim for the devs now is to facilitate independent and uncensored access to free media.

Known as Zboard, this project had grand plans for an encrypted messaging platform as early as 2018. However, the plans were later halted and now they seem to be reviving. Zooko Wilcox, who is the CEO of the Electric Coin Company (which builds Zcash) endorsed the project too.

The reason for the shuttering of this project was lack of funding. Now, following a flurry of interest, the anonymous news hub Zboard is back – lobbying the Zcash Foundation for a $23,000 grant to kickstart this project.

Hi all, our z-board ZF grant proposal is now online! Looking forward to hearing your feedback and ideas! https://t.co/YAtESdcwbo
(Thank you @ZcashFoundation for making it available!)

— zboard team (@zboard_team) April 15, 2020

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The Zcash news also show that the developer at Zboard, Thomas Schmiedel, said that the primary motivation behind the project is to eradicate restrictions on freedom of speech and instill an independent and safe news culture.

“A secure and peer-driven news hub would encourage citizens across the world to engage in real-time issues that really matter to them, both on a local and on a global level, to challenge agenda setting and news presentation in classical media and to become an active part of public opinion shaping,” Schmiedel wrote in the grant proposal.

To a chieve a feat like this, the anonymous news hub Zboard will harness the privacy focused Zcash blockchain. As the proposal reads, articles can be posted anonymously via a series of Zcash transactions.
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These transactions are sent to addresses which are shielded by zero-knowledge proofs – a trustless method of authentication that verifies the transaction without revealing any private information of who made it.

All of this will ensure that the author’s identity remains anonymous. The articles themselves will be preserved on an immutable ledger, the blockchain news show. Meanwhile, in the true spirit of decentralization, the website is going to be made mostly redundant – developers will produce a toolbox to enable anyone with a Zcash client to decrypt and interact with the on-chain news portal.

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Tags: Blockchaindevelopers at zcashdevs zcashprivacy coinzboardzboard news hubzcashzcash anonymous news hubzcash blockchainzcash grantzcash zec
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Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

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