The Co-Founder and CEO of the U.S.-based cryptocurrency exchange Coinbase, Brian Armstrong, in a recent tweet expressed an opinion that scalable decentralized blockchain network with privacy coin by default would be a game changer.
Moreover, Armstrong noted that the crypto industry should definitely follow the model of the Internet that is moving towards global HTTPS connection replacing the older protocol version — HTTP.
A scalable, sufficiently decentralized, chain that supported private transactions by default (privacy coins) would be a game changer.— Brian Armstrong (@brian_armstrong) June 23, 2019
"Same with messaging, end to end encryption started out fringe and is now the expected default," Coinbase CEO added.
In the meantime, some accused Armstrong of citing the idea of the existing blockchain product with privacy-focused crypto — Monero (XMR). It's worth mentioning that at press time XMR is still not listed on Coinbase.
However, one of the leading creators of privacy-focused cryptocurrency, Riccardo Spagni, earlier said that monero (XMR) was created on the basis of the privacy ideology as a currency, but not as an investment.
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