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The Zcash Network State with Arjun Khemani
Arjun Khemani

The Zcash Network State with Arjun Khemani

Feb 18, 2026

Key Takeaways


  • Scaling Zcash is a moral imperative to enhance privacy-driven blockchain solutions.
  • Blockchain privacy through technologies like ZK-proofs is essential for compression and performance.
  • Sovereignty requires privacy, as constant surveillance puts individuals under control.
  • Layer 2 solutions like the Lightning Network have centralization risks similar to traditional banking.
  • A privacy-first Network State provides a vision for decentralized, self-sovereign communities.
  • Gen Z perceives privacy with heightened importance, driving the need for privacy-preserving technologies.
  • Zcash offers a coalition opportunity around privacy, despite historical under-commercialization.
  • The Network State concept envisions thousands of network states with no single official currency.
  • Bitcoin's transparency offers proof of reserves, useful for establishing trust in a digital economy.
  • Transparency and privacy must be balanced as both are valuable for different economic functions.
  • Scalability must be achieved with onchain solutions to retain true decentralization principles.
  • Zcash was historically academic, which impacted its commercial growth compared to other blockchains.
  • There is an expected move towards onchain scalability in blockchain technology amid emerging privacy concerns.
  • Cryptocurrencies can coexist by addressing distinct needs: Ethereum as programmable, Bitcoin immutable, and Zcash private.
  • New global hubs in Singapore, Dubai, and El Salvador are potentially pivotal in crypto's geopolitical landscape.

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