Discussion about DECO

[Anonymous No.24572451]

Are there any smart anons out there that can help me understand the significance of DECO? Going by Ari’s example of it being used to prove whether or not someone has a minimum value in his bank account leaves me thinking the only real utility for it is to prove whether or not someone is an accredited investor without them revealing extra info.

I suppose it could also be used for digital ID to prove someone is old enough to buy something, but that isn’t really valuable.

[Anonymous No.24572472]

it can let the blockchain know whether you have poo poo and then you pee pee without the blockchain knowing who did the poo pee poo

[Anonymous No.24572474]

I guess I’m just curious as to any other use cases where proving a conditional without revealing info is extremely valuable.

[Anonymous No.24572513]

>>24572472
Bought 1000k

[Anonymous No.24572523]

>>24572472
Wouldn’t there still be plenty of data exchange to indicate it was you that pee’d. Just maybe you could prove you pee at least 1 cup without necessarily revealing you pee’d a whole gallon...

[Anonymous No.24572548]

Or like you could prove your penis is at least 1 inch without having to reveal it is only 2.25 inches fully erect. But I don’t see why this is useful.

[Anonymous No.24572622]

>>24572451
number go up

[Anonymous No.24572665]

>>24572451
>utility for it is to prove whether or not someone is an accredited investor without them revealing extra info

utility for it is to prove whether or not X is Y without Z revealing extra info

>>24572548

[Anonymous No.24572695]

>>24572451
>I suppose it could also be used for digital ID to prove someone is old enough to buy something, but that isn’t valuable
Might want to rethink this

[Anonymous No.24572746]

>>24572474
if a financial transaction is completed without revealing your identity

[Anonymous No.24572783]

>>24572472
THIS IS HUGE

[Anonymous No.24572789]

>>24572451
it literally can be used to *prove* anything about anything without revealing sensitive information.

[Anonymous No.24573120]

>>24572789
yes
in the future you could use it to prove that you're a licensed physician, for instance, without giving away any of your other information

[Anonymous No.24573167]

>>24572451
simple. ari jewels create another vaporwave idea why smoking meth and molesting his students, then calls sergey, sergey pays up, they include it in marketing scheme, and sergey dumps more token.

they are all multimillionaires while there's ZERO = 0 real world usage.

[Anonymous No.24574032]

>>24573120
Could it be used to prove your body is aesthetic to the "post body" faggots on this board without revealing any identifiers that could be used to collect your data and/or dox me?

[Anonymous No.24574325]

>>24572451
AAVE and Teller will use it for unsecured loans for instance.
Plenty of other use cases, one that Ari never discussed but for instance other crypto projects could use deco to keep some of their code private while still being mostly open source.

[Anonymous No.24574399]

>>24572472
Truly the 4th I(ndian) R(estroom)