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replied 2204d
We've been talking about the need for private messaging on Memo. Separately - it's a tricky thing to put messages on a public blockchain and claim it's forever private.
replied 2203d
Is there a way to send a text through BCH but not saved on the Blockchain?
Something like Counterparty/Omni; secured by BCH but not stored on BCH itself if I understand correctly
replied 2203d
You could store a hash of the message on-chain, so the tx would only verify a message, not store it. This way, if logs get leaked, they can be verified.
replied 2203d
Do not make the claim it is forever private. Make the claim it is "forever" there.
replied 2203d
Well nothing is forever. ;) and to me it makes sense. You will protect your private key better. Of course old messages can not be deleted. But that is what it is for. Protect history.
replied 2204d
= key port making bold claims?
replied 2204d
Assuming only people with private key can decrypt the message, then the privacy can be kept. However i agreed, in case the private key is lost, there is no way to delete the old msgs.
modulus
replied 2204d
Not just that. New developments could appear that may allow us to plausibly decrypt these messages. e.g. Older prime based algos with small keys are no longer used.
replied 2204d
Quantum computers gonna decrypt people’s sexts
replied 2203d
Well if we get Quantum computing, then Blockchain will also change. Not gonna happen. Ask: https://twitter.com/ProfFaustus
replied 2203d
Yeah the public key cryptography that bitcoin uses would need to change, but so long as you don’t reuse addresses (like we all do with memo), they won’t be able to steal your money