| You would think a message board called "hacker news" would be more open to blue sky thinking. Zero knowledge proofs and a tamper proof ledger of timestamped cryptographic signatures could open up new use cases that are different than relying on central authorities. One idea, document signing: vitalik.eth signs a PDF, everybody can verify the PDF is signed by his private key. He has to broadcast his public key for this, and probably also a content hash of the document so that we can be sure we are verifying the correct PDF. He can broadcast this on Twitter, but that is not a secure and tamper proof ledger, and it is centrally owned, and it's not a great storage mechanism for this system to scale to thousands or millions of signatures. LibreOffice could create a new service like keybase.io but that is also centralized and we saw how that went. Another alternative is these messages are broadcast through a public and decentralized ledger. How does this fit with zero knowledge proofs that the blog mentions? There may be signature attestations you can make that you want to be private from the receiver, but made in a way that the receiver can still verify the signature is valid. EDIT: Since I am on a throwaway account, my replies are being throttled. This could be another application of ZKP: create a proof that my main account has significant karma to post, without sacrificing my privacy. |
And as you can see all over HN, most of us are quite tired of this diatribe...
This appeal to HN requiring us to be open-minded about a technology that had more than a decade to prove itself in a real world application is tiresome. I mentioned in another comment just this week, I was really excited about Bitcoin in 2012 and kept watching the whole space for opportunities to try a product that could improve my life.
Nothing has appeared, in 10 years, worse, in 10 years it all became a space filled with mumbo-jumbo, grifters and scams. In 10 years I've not seen any of these pie-in-the-sky proposals of digital attestation come to fruition.
It's a technology looking for problems, when something more exciting than Cryptokitties or pure speculation of shitcoins pops up I can definitely give it a try. Unfortunately as each day passes and more scams appear it eclipses any dreams that people like you have to sell to me, it's been thoroughly tarnished over 10 years, the space is a mess in every aspect, including information. Nowadays if you search for anything blockchain/cryptocurrency-related you will only find piles and piles of trash, of shit articles trying to peddle yet-another-scam.
It's really hard to keep any optimism when there was absolutely nothing gained from the technology in the real world.
No, remittances from developing countries is not really a gain, I personally know people that emigrated from places like Venezuela and Iran and absolutely no one is using blockchains/cryptocurrencies anymore, the few ones that tried got burnt after yet-another-crash.
A decentralised ledger might have uses, no one has shown any so far, at least none that got any traction even close to the amount of money poured into this bullshit.