Proton Mail, the leading privacy-focused email service, is making its first foray into blockchain technology with Key Transparency, which will allow users to verify email addresses. From a report: In an interview with Fortune, CEO and founder Andy Yen made clear that although the new feature uses blockchain, the key technology behind crypto, Key Transparency isn't "some sketchy cryptocurrency" linked to an "exit scam." A student of cryptography, Yen added that the new feature is "blockchain in a very pure form," and it allows the platform to solve the thorny issue of ensuring that every email address actually belongs to the person who's claiming it.
Proton Mail uses end-to-end encryption, a secure form of communication that ensures only the intended recipient can read the information. Senders encrypt an email using their intended recipient's public key -- a long string of letters and numbers -- which the recipient can then decrypt with their own private key. The issue, Yen said, is ensuring that the public key actually belongs to the intended recipient. "Maybe it's the NSA that has created a fake public key linked to you, and I'm somehow tricked into encrypting data with that public key," he told Fortune. In the security space, the tactic is known as a "man-in-the-middle attack," like a postal worker opening your bank statement to get your social security number and then resealing the envelope.
Blockchains are an immutable ledger, meaning any data initially entered onto them can't be altered. Yen realized that putting users' public keys on a blockchain would create a record ensuring those keys actually belonged to them -- and would be cross-referenced whenever other users send emails. "In order for the verification to be trusted, it needs to be public, and it needs to be unchanging," Yen said.
Curious if anyone here would use a feature like this? It sounds neat but I don't think I'm going to be needing a feature like this on a day-to-day basis, though I could see use cases for folks handling sensitive information.
I’d absolutely use this. I’m glad to see people using this incredibly powerful concept to solve problems that would literally be impossible to solve without it. It is especially encouraging that they used Monero since it has an extra layer of untraceability built-in. Blockchain is experiencing kind of a backlash in public perception, but like tech closely related to it like NFT’s, it is a VERY viable idea that just so happens to be tainted by greed and disinformation.
Voting is another concept that would become unhackable overnight...but would also probably:
A. enable the creation of a CBDC (which would also allow the state to REVOKE ownership of your own money)
B. force a state to pick a technology/crypto of choice (and tip the scales toward that crypto)
both of which I somehow am vehemently against yet moderate a (ghosty) community on blockchain voting. 😅
[email protected]
deleted
I like Dan Olson's video but I don't think it's truly unassailable. There is some real use cases for block chains in low trust networks. One of those being global monetary policy. Another critic is that web3 applications (like Mastadon and Lemmy ..) I think is moving forward even more so as the age of easy money comes to a full close.
deleted
It's the coordinated decentralization that really defines web from web2 and 1. Cooperative vs competitive coordination is just a sub strategy within that, but I don't think either strategy is always best for all problems.