Nothing Up My Sleeve — Creating A More Trusted World with the Elliptic Curve Pedersen Commitment
We give away too many of our secrets for free. Unfortunately, the data world we have created has become a watering hole for companies picking off our data, and using it for free and often without our full consent. Google, for example, knows where you like to buy your coffee in the morning, when you get up in the morning, what you are likely to buy next, and so many things about your life. Their whole business model is based on a data world where they pass on your data searches on to others, and then they pay to push adverts to you. But when was the last time that Google or Facebook paid you a commission for pushing an advert in front of you?
So could we create a world which blinded Google, governments, and others, and where no-one could see our purchases, or, in fact, anything about our lives? It would be a world where we can reveal things only to those that we trust. In this world, companies, governments, and others would have to ask us for permission to see our data, and not just push one-sided T&Cs to us. Then, if we had audit/compliance regimes, we could create blinding factors so that only they could see the required information.
So how do we create a world where we can store our secrets in a trusted and then reveal them when required? Let’s say I…
