How are rock-scissors-paper and Ethereum scalability related? Rock-scissors-paper game is a well-known game in the world. When two people play this game, the important thing is that both of them have to disclose their selection concurrently. However, it seems infeasible to create something concurrent with smart contract and make it work. This case study is good for brainstorming Ethereum Privacy and in my point of view, Ethereum Privacy will be the next challenge of Ethereum…
In the previous episode regarding proof of loss, I showed the main ideas which shape up my proof of concept (PoC). In summary, it has three main ingredients: Proof of Loss: proves your ownership with property that you lost. Revocable Property: makes your property possible to come back to you. Decentralized Risk: prevents “all” frauds of risks, creates a safe environment to you. As my promises, I will try to dive into how I create…
Regarding proof of loss, this may be a long story from ideas to a proof of concept. I thought about a kind of recoverable-property decentralized system which makes you confident that losing private key is not a problem anymore. Just like you lose your facebook, you can easily recover it by email or phone number. But it was almost at a standstill and I gave up. Two months ago, I was working on Ethereum privacy…
