Illia Polosukhin: blockchain was always meant to be private.
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About this video
"Blockchain was supposed to be private."
"Satoshi just didn't have the technology to do it." Now that technology exists.
Privacy also reduces post-quantum and cryptography risks, because your transactions and public keys aren't exposed to the world.
On NEAR, Confidential Intents keep trades private, and accounts can now use post-quantum keys.
#NEARProtocol #Privacy #PostQuantum #NEARIntents
NEAR is the Blockchain for AI Website: near.org NEAR AI: near.ai Intents: near.org/intents Chain Abstraction: proximity.dev Sharding: nearone.org
For the devs GitHub: github.com/near Dev Docs: docs.near.org Devhub: devhub.near.page @NEARDevHub
Connect with socials Twitter: / nearprotocol Blog: near.org/blog Medium: / nearprotocol #NEAR #nearprotocol #NEARAI
Transcript
140 wordsCaptions as YouTube publishes them, usually machine-generated, so product and people names can be misheard.
- 0:00
blockchain was supposed to be private. The Satoshi just didn't have technology to do it and uh and now there is technology. So let's actually achieve that. It also helps with you know some of the postquantum risks. It helps with some of the cryptography risk like you can actually do a lot more uh kind of defense and depth and uh durability for protecting users if you're running
- 0:23
privacy because like you know your your transactions and public keys are not telegraphed to the world. So like you know there's there's not as much just risks of getting getting broken in uh from from some random stuff. Uh so I think like this is like a pretty massive enabler and especially in this age of AI the market is taking this seriously.
- 0:41
This is what the market is demanding.