Edward Snowden Played Key Role in Zcash Privacy Coin’s Creation – CoinDesk

So the initial team of researchers designed what’s called a multi-party computation, known as “The Ceremony.” Through this process, the secret key isn’t generated and held by just one person. Instead, it is split among many people, with each contributing a shard, or piece, of this very, very big number. This way, no single person would have a copy of the whole number.