Re:Timelock Encryption made possible and easy to use
by layer8 on Monday August 15, 2022 @09:10PM
(#32478027)
From another comment: “Besides calculating verifiably random numbers, the computers will also decrypt content for anyone if you send it content encrypted to their public keys and the encrypted content contains a time range that includes the present.” That sounds like decryption would fail when the present time is after the specified time range.
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Re:Timelock Encryption made possible and easy to use
by anomalroil on Monday August 15, 2022 @09:14PM
(#32478057)
Yeah, that's not exactly how it works. The drand nodes are publishing random beacons that are signed, that's the only thing the networks does. Publishing public verifiable randomness. But pairing-based cryptography allows us to do identity-based encryption and that's like magic, but basically we can rely on a message as a public key, and on a signature as a secret key, and that's how tlock works.