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in privacy •  6 years ago  (edited)

ReverseAcid Monthly Recap


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Dear @reverseacid

First of all, thanks for sharing link to your publication with me.

a ZKP is an outcome that ensures one is able to provide ownership or possession of certain information

I found it quite confusing and fascinating. Can information be owned and treated like an asset?

a hypothetical story of two men on a treasure hunt in a remote island, each holding one-half of the means to reach the treasure.

Oh yeah :) I remember now how I sugested my solution that involved a little bit of violence :)

ps. Difficult topic. As much as I found this issue quite interesting, it's also not easy to "digest" and understand.

Yours
Piotr

Excellent information, educational, always present, congratulations, great job.

Hello @belkisa758.

Much thanks for taking out the time to go through our post. Do stayed tuned for more information in the future. Your suggestions are always welcome.

Cheers.

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Hello!

This post has been manually curated, resteemed
and gifted with some virtually delicious cake
from the @helpiecake curation team!

Much love to you from all of us at @helpie!
Keep up the great work!


helpiecake

Great series!

Thanks for the education! ;)

Where and how does Grin (mimblewimble) come in?

@lauch3d this could be interesting

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  ·  6 years ago 

Thank you for your introduction,
That gives the other party, let the other party verify that he is the real owner,
That verification code should only be used once!

Hi @reverseacid. Another well written article. Thank you.

This is an area I've not researched before, so I'm looking forward to learning more. Your article is a great starting point.

Thank you for sharing this post. I am not familiar with Zero-Knowledge proofs so a lot of info to start with. I will save it and reread it later again.

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Hello @wakeupkitty.

To make the everyday user familiar with concepts that usually try to scrap off our head is what we are thing to achieve. I hope you found a little clarity by going through our post.

We would personally like to thank you for all the effort you've been putting in for us. We don't really know how we could return the deed.

Always open for suggestions from your side. Much thanks.

Cheers.

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Привет друг, отличная работа.

The entire crypto phenomena seems to come down to an issue of veiled centralization of controlled currency - surely there exists someone with the knowledge of the exact calculation of man hour labor over what course of time is equal to the sustainability of the growing human population. At what simple point have we reached such singularity? i.e. why is the internet not free (and tax free??) for all now that the sufficient worldwide infrastructure is in place? Please consider in terms of this angle.

  • your thoughts

Hello @lanceman. Thanks for checking out the post.

Coming to your point, what you ask say is reasonable. Due to the increasing exponential use in internet traffic, it is reasonable enough to assume that the cost of accessing the infrastructure should be astronomically low.

But as you said, centralized gatekeepers exist to keep a check and profit off of entry. That's why all of us here are fighting for. We are fighting for a decentralized internet infrastructure that's rewards users based on participation rather then charging them for usage.

IMO, the days where this is even a remote possibility sounds not to far. Recently we saw a projects trying to do just the same. @jadams2k18's introduction to the NOIA Network can help you gain some perspective. As we understand it, NOIA is a protocol for a decentralized internet architecture.

Hope that tries to answer your query.
Cheers.

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Hi! I'm still using NOIA Node application

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Your post is very interesting. ZPK will apparently prevent governments from seeing our transactions, ensuring our confidentiality. Although this would lead to problems when used for illicit purposes, such as drug smuggling, arms dealing or trafficking in women. So I must think they must have a form of protection against such uses.

I liked the fact that it can be used for voting. This way it would not be necessary so much expenditure to execute a referendum or elect a president. It would be excellent, I hope it is a not too distant future can be implemented.

Thanks for sharing

Dear @reverseacid,

Initially, I have to say that the whole zero knowledge proof was a bit confusing to me but, when I delved deeply, I was able to understand and appreciate its use and efficiency.

Here is a simply way in which it could be explained for those folks who are struggling: just take a sec and read the ali baba cave explanation.

https://en.wikipedia.org/wiki/Zero-knowledge_proof

I hope this simplifies things up.... for some of the folks out there who are struggling like me to understand things.

Hello @nurseanne84.

Thanks for taking out the time to go through our post. In general, it is our goal to aalow the everyday user exposed to concepts that may usually go above their understanding. Toning down concepts that require much thought and analysis is always our long standing goal.

We are glad that discussing topics such as this starts a discussion among our followers, on the hopes that somewhere in the long run, you look back and remember how it all came to you.

Thanks for sharing the link. I'm sure our fellow steemians will be quite interested.

Cheers.

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Hi there! The cost to spam my wallet is 0.5 Steem. So please increase your payment to this amount or remove me from your distribution list.

Failure to comply will result in flags to the value of 0.5 Steem.

Thanks!

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Regards appreciated @reverseacid.
I confess that it cost me some effort to understand this concept, new for me.

The ZKP, with its apparent need in the virtual world, are immensely useful in everyday applications. But the use of ZKP differs according to the number of participants involved. For a small group or a few million people, the ZKP can successfully transmit such communication.

This shows that its scope and scalability is of great magnitude. If its applicability can "pierce" and benefit a large mass of people as well as a small group, then we are talking about a very versatile tool.

Thanks for sharing with us.

Quality post about ZKP! Thanks @reverseacid

"...I will try my best to tone it down."

I say tone it up! Make it as technical as you possibly can. You won't turn me away, and I doubt I'm alone in that.

No need to exclude the quick and dirty explanations however. Many appreciate that, myself included.