Cypherpunks https://medium.com/@BitWhite/cypherpunks-e0581a16bdfeToday you will find out who are ‘cypherpunks’ or we can call them ‘punks in encryption’, what they are doing and why such people have the ability to drive progress in crypto world.
Cypherpunks are group of people that interested in cryptography, as well as anonymity in all its forms with using encryption methods. The flourishing of the ideological group was on the 199x years. During active evolution of the Internet as the way of communication in network, users wanted to remain anonymous and used various encryption methods for this. A lot of such methods were invented by end-users and later became used to create secure protocols of current Internet. Many people believe that Bitcoin is also directly related to cypherpunks, who were tired of the banking system and wanted to maintain confidentiality when transferring money. Why are these people so important for the crypto-community now?
Let’s not forget that behind any new coin (not ERC20) is unique code and encryption methods to protect the anonymity of users. Now we can observing a race of teams in terms of whose code will be faster, easier more anonymous and convenient.
As everyone knows, competition leads to creation the best product in the market and it’s great point for end users. At the same time most cypherpunks prefer to remain in the shadows, hiding their personality and face. This is perfectly combined with the ideology of crypto currencies. There should not be a cult of personality in decentralization whose words and actions can influence the future of the coin.
https://medium.com/@BitWhite/cypherpunks-e0581a16bdfe
