Diogo Mónica, Co-Founder and President of digital asset platform Anchorage, speaks at the a16z Summit about how crypto innovations advance internet security.
“Crypto is ushering a new era of research in distributed systems, in security, and in cryptography. And all of these technology advances are actually making its way towards the internet into a safer internet.”
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More from Diogo Mónica
Insight
Mónica: Cryptocurrency serves as the world's largest bug bounty
“And so what we unintentionally created that is incredibly interesting is the fact that crypto right now is the world's largest bug bounty.”
Diogo MónicaJan 30, 2020▶ 4:13Data Security and the Rise of Crypto
Opinion
Mónica: Failing to stake crypto tokens violates VC fiduciary duty
“Their LPs expect them to actively participate in this protocol. Imagine that you're investing in Ford, but somehow you're dropping the dividends of Ford on the floor. Or you're participating in some decision of the network. You're not actually voting on who's …”
Mónica: Libra Association solves crypto's merchant and user bootstrapping problem
“The third thing that is incredibly exciting, and might be the most exciting thing about Libra, is that the players that are coming to the association around the table already have billions of users. They already have the relationships with billions of users. T…”
Mónica: Concerns over single-member dominance in Libra Association are unfounded
“Any concern that any one institution is going to have more sway into the association is unfounded because all of the associations will have the exact same power. All of them will have one vote.”
Mónica: Zero-knowledge architecture prevents breaches by withholding raw data
“If you are never sharing your data with a remote entity like Capital One, then there can be no data breach because it didn't have the data in the first place.”
Diogo MónicaJan 30, 2020▶ 12:15Data Security and the Rise of Crypto
Insight
Mónica: Non-engineering security teams create cultural rifts in tech companies
“Sometimes what people tend to do is they have a security team. And the security team is somehow isolated from the engineering team. And so what do you have is you don't have alignment of incentives because if you have security engineers or if you have security…”
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