Crypto pioneer David Chaum announces his new project: Elixxir

David Chaum is a famed cryptographer known for founding ecash and Digicash — one of the first examples of digital currency. Chaum claims his new project, named Elixxir, will fix one of the biggest shortcomings of current cryptocurrencies: speed. According to Chaum, Elixxir can process thousands of transactions per second, cut down on energy usage, and maintain transaction privacy. (Source: WSJ)

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Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi

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