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Cassie Heart
@cassie
https://www.quilibrium.com/labs/token I've spent a lot of time talking about, and off stage, building toward the future. Now it is time to show that future. I believe in a future without wallets. A future where crypto is not an accessory to the web, but is a natural part of it that lends greater security and privacy.
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Samuel ツ
@samuellhuber.eth
The single most intriguing thing isn’t even no wallet I think it’s combining privacy & compliance. If you know all the things you consider bad and can verify a transaction history is not bad without knowing the addresses involved you get privacy and compliance Interested to learn more about how intersect works
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Cassie Heart
@cassie
The demo is using bloom filters (potential for false positives, never false negatives), we're investigating alternatives but the problem is more compact PSI over OT is a tradeoff to significantly larger circuits, whereas bloom filters are extremely fast and the intersect comparison is extremely efficient (bitwise AND)
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Samuel ツ
@samuellhuber.eth
How would one go about defining their criteria? Can imagine that banks will get criteria from regulators and once defined any bank can leverage that? In this case: one bloom filter/circuit to prove to a bank that its compliant working for all of them in that jurisdiction
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Cassie Heart
@cassie
There’s certainly going to be regulatory outliers, we’re approaching the problem with a good faith effort, but refuse to compromise on one thing — you’ll never see the previous addresses. If that’s a problem for a country, that’s _their_ problem for being a surveillance machine.
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