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by SaltNHash 540 days ago
Absolutely true! And that’s only half of it. In schemes like this, how can you even tell the operators are following protocol? How do you know it's not a façade? At the edge of all those schemes, there's a point where you simply must rely on blind trust. Solving this challenge was one of our greatest motivations – and the only way to replace blind trust is through total verifiability. As far as we’re aware, our approach is the only one that allows verifiability on all facets: 1) access to source code, 2) having the ability to verify client-side code in run-time is another (in two different ways), and 3) last, but most important, anyone can opt to run parts of their keys on their own privately hosted nodes – so even if the entire network is colluding, you have the guarantee your own nodes aren't. Happy to elaborate.