8 July in the framework of the Blockchain Summit on the island of Richard Branson co-founder of Google Sergey Brin has admitted that he engaged in mining cryptocurrency Ethereum, along with his ten year old son.

Google co-founder Sergey Brin is a last minute addition to the #BlockchainSummit panel on emerging technologies. Says he is ethereum mining with his son. Via @ForbesCrypto pic.twitter.com/vcp8qa0mcD

— Michael del Castillo (@DelRayMan) July 8, 2018.

In addition, he noted that the use of the proof with zero disclosure on the network zcash for “strikes to the core”.

Google co-founder Sergey Brin on zcash”s zero knowledge proof”s widespread use: “It’s really mind boggling.” #BlockchainSummit via @ForbesCrypto pic.twitter.com/04shCk9wbY

— Michael del Castillo (@DelRayMan) July 8, 2018.

According to Breen, that the Diffie-Hellman algorithm Proof-of-Work and other cryptographic technologies gained such popularity due to the use of the cryptocurrency, is a striking fact, since a long time all of these technologies were at an experimental stage.

“I believe that in the future we need to develop and implement such niche idea” — said Bryn.

Member of European Parliament Eva Kaili, who also attended the event, said that Google co-founder saw the potential of the technology for a distributed registry in the authentication context data.

Sergey Brin in #Google #Alphabet on Authentication of Records and the Potential of #Blockchain #BlockchainSummit Could see the future in this mind blowing technologies #Cryptography #ProofOfWork pic.twitter.com/kRU2m9eK32

— Eva Kaili (@EvaKaili) July 8, 2018.

Previously co-founder of Google emphasized the role of miners in the “computer boom”. He believes that the demand for powerful computers used for mining Ethereum and other cryptocurrencies, has become one of the main factors of this phenomenon.