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by qqii 1921 days ago
From reading the litepaper I have the same understanding.

It's even worse becuase if you were in contact with the nodes directly you could simulate unwrapping on a fork - here they would not suffer any economic consequences.

On the other hand there's no guarentee your partner can contact any of the node owners. The protocol doesn't provide a mechanism, nor does ethereum so it only takes 1 to not respond.
1 comments
22c 1921 days ago
Yes, honestly, you should assume that the recipient is also an archaeologist.

If you do not trust the recipient to act with your best interests at heart, do not use this service. I think that should probably be explained better in the documentation.

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theamk 1921 days ago
But if I trust the recipient, why would I need this service? Just send the email and ask not to open until I die.
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22c 1921 days ago
Do you also trust that the recipient will keep their emails secure?

Edit: Moreover, if we assume that there could be a bad actor that wants to know your secret, you have now endangered that 3rd party by giving them your secret.

Again, another scenario: You might trust that 3rd party now, but not in a years time (when, hopefully, you're still alive). Well, the good news is, you never revealed your secret to that 3rd party and you have no obligation to continue making them the recipient of your secret.

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theamk 1920 days ago
> You might trust that 3rd party now, but not in a years time (when, hopefully, you're still alive)

Then you don't want blockchain-based technology. Remember, the data is still on the chain, and can never be deleted - the paper is pretty clear about it.

So in a year's time if the 3rd party contacts the archeologist, they can arrange to truncate the chain and unseal the key. Yes, the archeologist is not going to get paid on-chain by the protocol, but the secret is still out.

Really looks like the bank's safe deposit is a much better solution if your data is valuable.

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22c 1918 days ago
I still think you might be throwing the baby out with the bathwater; though I admit there's a lot more bathwater than baby, especially when compared with first glance.
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