So, here we are, folks. Blockchain privacy tools, like zero-knowledge (ZK) proofs, are apparently the hot new thing. Who knew? Eran Barak, the big cheese at Shielded Technologies, says we need these tools to protect our precious online data from the AI overlords. I mean, come on, can we just get a break? 🤦♂️
In a riveting chat with CryptoMoon at Consensus 2025, Barak warned that corporate service providers and centralized servers are basically candy stores for AI-assisted hackers. They’re just waiting to snatch up everything from private keys to your grandma’s medical records. What a world! 🍭
These hackers are looking for a “massive” return on investment (ROI). You know, because hacking into a centralized target with millions of records is just so much more appealing than, say, hacking into your grandma’s email. Barak claims ZK-proofs are the answer to this dilemma:
“Blockchain is going to improve cybersecurity around the world, because, for a hacker to get to actual data, they need to hack individual wallets, but their ROI would be one record instead of millions — not worth it. They are going to go elsewhere.”
Privacy solutions are now the shiny new toy for Web3 developers. Apparently, shielding metadata from AI algorithms is all the rage. Large institutions are demanding these privacy tools like they’re the last slice of pizza at a party. 🍕
Cardano‘s Hoskinson teases multichain airdrop
Meanwhile, at Consensus 2025, Cardano co-founder Charles Hoskinson announced a Midnight token airdrop for holders of Avax (AVAX), XRP (XRP), Bitcoin (BTC), Brave Attention Token (BAT), and a few others. Midnight is like the cool kid on the Cardano block.
Hoskinson claims this multichain airdrop will unite the industry through cooperative tokenomics. Because, you know, we all need a little more unity in this divisive era. Who doesn’t love a good collaboration? 🙄
Barak also mentioned that Midnight will invite users from the entire Web3 ecosystem to mine the Midnight token after the initial airdrop. So, get ready to roll up your sleeves, folks! 🧑🌾
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2025-05-24 02:14