Striking a Balance Between Privacy and Transparency on the Blockchain | Ep. #95

In this episode of the Unstoppable Podcast, we’re talking to our CEO Matthew Gould about blockchain privacy. This is a big topic of debate in crypto — should blockchains be open and transparent by default, or should they keep our personal transactions and information private?

We talk about the differences between individuals and corporate entities when talking about privacy and what we really mean when we talk about public vs private data. Which types of data should be kept private and which should be made public?

What about information that we don’t mind being public today, but might want to privatize in the future? Matthew explains how public or private blockchain transactions are right now, and how that could change in the future. Where do we ultimately want to end up?

Matthew also shares some advice for people concerned about privacy, and what they should be watching out for right now. We discuss some best practices for builders to ensure privacy is built into new dApps and projects and finally talk about some of the companies and projects that are already working on privacy-related things.

⏳ TIMESTAMPS:

0:00 Intro
1:39 Should all blockchain transactions be private or public by default?
6:07 What does public vs. private data mean?
10:24 Can public data on the blockchain be privatized?
13:36 What do blockchain transactions look like right now in terms of how public or private they are?
18:44 What data should be public or private by default?
21:56 For people who are concern about privacy, is there anything they should consider when interacting with dapps?
24:26 Tips for developers when they are builder new dapps regarding privacy
26:16 Are there any companies that are working on privacy-related projects?
27:11 Final thoughts on privacy