Is Worldcoin a Crypto-Currency for the Masses or Your Digital ID?

Re:Is Worldcoin a Crypto-Currency for the Masses or Your Dig... by 8note on Thursday December 22, 2022 @09:01PM (#34101516)

Block chains are a bad case for democratic operations in that you can prove how you voted, particularly through sharing your private key. I think it's essential that you can do that, or the block chain doesn't work?

This enables anti-democratic practices like paying for votes, or being retaliated against for voting against the local mob boss

[ Parent | on HN ]

Re:Is Worldcoin a Crypto-Currency for the Masses or Your Dig... by MichaelBosworth on Thursday December 22, 2022 @10:48PM (#34102155)

I would just point out zero-knowledge proofs. Magically enough, no, that's not a necessary feature of blockchains.

Zcash allows an independent observer to verify that a transaction was authorized and completed. It does this without revealing (a) who the recipient was (b) who the sender was or (c) how much Zcash was sent.

Extending this idea to broader use cases: https://aztec.network/

[ Parent | on HN ]