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53935629 No.53935629 [Reply] [Original]

Confidential computing is the ability to process confidential data in a privacy preserving way, with end-to-end encryption. This is not possible with ZK proofs. Zero-Knowledge Proofs allow a prover to convince a receiver that a certain input is true without the receiver having to see the input. This definitely has a ton of good use-cases, but it's limited because it's not end-to-end privacy. For end-to-end privacy you need something different, which is where TEE's (Trusted Execution Environments) come into play. TEE's allow for encrypted data to be processed without the underlying data ever being revealed, not even to the person processing it, because it all happens inside of a secure lockbox within a CPU that no one, not even the host, has access to. This is also called a secure enclave.

One of the biggest things holding "crypto" and Web3 back at the moment is the lack of privacy preserving techniques. Why is this important? Because there are literally hundreds if not thousands of use-cases where privacy is necessary, such as when dealing with an individuals private data, or when dealing with game logic such as the answers to puzzles or fog of war, RNG, or when large enterprises don't want all of their data and information being public. These use cases extend very far, even into healthcare data, AI, and much more. The lack of privacy preserving techniques has more or less brought innovation in Web3 to a stand still, and are the literal missing key to the next frontier in DeFi and beyond.

There is precisely 1 (ONE) reliable project right now that is working to solve this problem, and it many ways, already has.

Do you know what it is?

>> No.53935922

Secret network.
Maybe rose has running product, idk all that much.
However, on top of your opinion, TEE s are easy to program , you don’t need to have math phd to understand what’s going on. But CPUs have vulnerabilities, Intel sgx, amd sev and arm tee . They all have it. But I am investing in secret network anyway, they had an accident couple of months ago , the key for aes inside sgx enclave leaked etc.

>> No.53936009

>>53935629
zk proofsshuts down bad actors though

>> No.53936048

>>53935629
The project you are referring to is called Dog Shit Coin.

It's too techy for people to understand. Stop trying to explain it. Write unhinged distributed chatgpt models for it. Actual implementations are better than any discussion

>> No.53936182

>>53935922
I agree and like SCRT too

>> No.53936232

you want selective privacy, like for defi you want to see all the debt, tvl, apys, etc. but as an individual you don't want to be tracked. so shielded wallets are better. like use tornado, zk money, etc to shield your funds, then use defi. and then unshield. both privacy and transparency are needed in different places.

>> No.53936266

Bbtt up and coming zk coin easily 5m cap . Currently undervalued

>> No.53936516

>>53936232
>like for defi you want to see all the debt, tvl, apys, etc.
Yeah but there's certain things DeFi that could benefit from being hidden as well, lioke the orderbook and user slippage tolerances. If you are able to hide the orderbook and user slippage tolerances then you're effectively making MEV and front running attacks impossible.

>> No.53936634

Nillion

>> No.53939060

>>53935629
iexec?