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by maccard 1476 days ago
> PGP does not achieve timestamped and censorship-resistant record on a distributed network

PGP is timestampted and censorship resistant, and of course it isn't on a distributed network. Yet again I'm asking what is the use case for it being on a distributed network. That's also not what you said in your last comment

> All of your complaints are just that: complaints. X crypto thing works but not well enough for your needs and expectations.

That's not true, my complaints are that if you remove crypto from the X crypto thing, it still solves the problem in the same way, meaning there's no use case for the crypto part of crypto X.

1 comments

PGP is an encryption technique, it doesn’t include any robust and tamper proof timestamping mechanism. To uphold the veracity of a time stamp and to make a PGP message censorship resistant you need either a trusted authority to continue to host and certify it, or a distributed network of validator nodes like Tor (10 validator nodes) or Ethereum (thousands of validator nodes).

If you remove crypto from this equation you are left with a permissioned solution. Which is fine for many uses, but not the same thing.

A practical example would be removing crypto from a USDC or DAI transfer between two people across the globe who wish to send USD-like asset, despite neither of them having access to a US bank account. The proposed solutions are to send cash in the mail, or PayPal, or whatever, and none are the same as a USDC or DAI transfer.