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RE: Tauchain and the privacy question (benefits of secret contracts and private knowledge)

in #tauchain6 years ago

this is my biggest fear. if i were ohad i will try my hardest to keep things private. sometimes i feel like these very smart devs can act very naive at times. look at bitcoin governance problem for example, they refuse to have some type of structure and this could be bcash biggest advantage, their willingness to have some type of governance. may be we should all vote on this and make the code private somehow.

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My intention with this post was to put these ideas into the public conscience for discussion. Now it's up to you and others to discuss these ideas. As the token holders of Agoras you get to decide how best to grow and maintain the value of the token. My idea is simply that if you have private knowledge you increase the value of the network (backed by brain power). Public knowledge may be better long term for the world but we do need a period of time where our best ideas are kept private so that we who create ideas can benefit from it monetarily. If the creators don't get benefit or credit they'll just go to the networks which do allow them to get that (whether it be Enigma or something else).

Private knowledge base is really the ultimate feature which Agoras can allow. That is your ability to share and use knowledge without revealing it. This is possible due to a hardware technology called trusted execution environment which was designed primarily for intellectual property protection but which can be used just as easily by crypto projects to protect smart contracts or any other data.