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by modeless
198 days ago
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> I'm not saying that banks could or should do this. I'm just saying that their systems do not qualify as E2EE unless they do. It's not ambiguous. That said, it might not be impossible to implement some enforcement of AML-like rules with zero-knowledge proofs. What's possible with advanced cryptography is not at all intuitive. But banks profit from their middleman position and surely wouldn't be interested in disintermediating themselves. Neither would crypto people be interested in adding AML. So I don't expect anyone to try. This fact still doesn't make existing middleman banks qualify as E2EE. |
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