Graham Novak
@novak
Enterprise blockchains --> really stupid Enterprise software on blockchains --> the future All organizations -- governments, non profits, companies, stores, superPACs, etc-- will benefit from: 1. Better governance 2. "Can't be evil" 3. Less intermediaries 4. No lock-in to their banks or software that touches their assets
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Cassie Heart
@cassie
The big problem to getting businesses on blockchain or crypto in general is public ledgers. It's a non-starter: companies don't want to expose their vendors and customers. This is why the only answer is true privacy preservation, not opt in, because the shielded/unshielded model leaves too much out in the open for analysis to uncover.
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1𝐴35𝐸1
@1a35e1
All it does it level the playing field. Value aligned customers will opt for value impact driven businesses. Do I want to spend my capital on shady closed businesses who "claim" they do good. Or do I spend my cash on people who are doing their best to make their supply chain transparent and demonstrate "fair trade"
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Matt York
@stackdump.eth
I keep returning to the idea that deploying to any blockchain means building in public, and users must also 'be' somewhat public. As a consumer I would only want minimal presence (essentially onchain cookies) Do we think FHE could fully shield from statistical analysis? I believe even privacy coins are somewhat traceable in that respect.
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Calvin Lin ↑
@clr2m1.eth
agree that privacy is paramount when it comes to e.g, doing accounting/assurance on-chain, and i actually think that’s gonna be one of the major consumer use-case for zkp
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K1ngHandy
@k1nghandy
Sad, but true. “Follow the money” is a mantra for discovering corruption and so much of this is hidden in seemingly innocuous business transactions. Positions of authority are retained in this way. Blockchain is a solution without universal acceptance in part because of this.
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Rita
@nonsrit
+100 🔥 FIRE has been tipped to you. Confirm by checking your balance.
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Graham Novak
@novak
I think you're right, in part FHE and other privacy solutions are promising too tho
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wahoo.eth 🎩✨
@wahoo
QM
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