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A pioneering feature of Bitcoin is verifiability of transactions: It is designed to enable low-power devices and high end computers alike to be able to verify occurrences on the blockchain.
This observation led our guest, Adam Gibson, to wonder why webpages aren’t so easily verifiable as a Bitcoin transaction? Can I prove to you that I have certain bank account balance over the internet? Why do we submit photocopies of passports rather than furnishing a cryptographically verifiable proof of citizenship by logging on to a Government site?
Born out of this intellectual itch is the TLS Notary protocol. It pioneers a new kind of auditing that enables participants to prove that a certain https page was in their browser. This protocol paves the way to brilliant designs for Proof of Reserves, Smart contract oracles and Decentralised fiat-to-bitcoin exchange.
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This episode is hosted by Meher Roy and Sébastien Couture. Show notes and listening options: epicenter.tv/119
A typical online transaction today isn’t very different from how it was done 25 years ago at the dawn of the Internet. In fact, online payments haven’t changed much at all. When we want to pay for something online, we copy very sensitive credit card information into a form on a website and trust that website to capture it securely and make proper use of it. If this seems like an old and antiquated way to pay, that’s because it is, and it costs billions of dollars per year in security and fraud prevention. The World Wide Web Consortium wants to standardize the way we pay online, making it more secure, and hopefully a better experience for users.
is a computer scientists and Standards Lead at the W3C. We talk about some of the core problems with dealing with credentials on the web and making online payments. Specifically, we discuss the Web Payments Working Group (WPWG), and their efforts to bring banks, payments providers and browser manufacturers together to converge around a standard set APIs to make for a better and more secure payment experience for all users.
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This episode is hosted by Meher Roy and Sébastien Couture. Show notes and listening options: epicenter.tv/118
In the midst of the heated blocksize debate one could be forgiven to think that there is very little Bitcoin developers are able to agree on. Yet, when core developer and Blockstream co-founder Pieter Wuille introduced the concept of segregated witness at the Scaling Bitcoin conference in Hong Kong most of the Bitcoin community quickly rallied behind the proposal.
Eric Lombrozo, CEO of wallet company Ciphrex and responsible for running the segregated witness testnet, joined us to discuss the proposal and its implications. Segregated witness, it turns out, does not only provide an elegant way to increase the blocksize via a soft-fork, it also solves transaction malleability and greatly simplifies updating the Bitcoin’s scripting language. It’s a crucial topic and may well enable a new wave of accelerated innovation in Bitcoin.
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This episode is hosted by Brian Fabian Crain and Sébastien Couture. Show notes and listening options: epicenter.tv/117
Zero Knowledge Proofs are methods of providing cryptographic proofs to another party while keeping some information secret. The simple concept of ZKP offer tantalizing possibilities: Banks could prove solvency without revealing depositors. Governments could prove the fairness of an election without compromising privacy.
Computer science professor Eli Ben-Sasson joined us to discuss where blockchains and cryptocurrencies intersect with Zero Knowledge Proofs and related technologies such as zkSNARKs. It offered a fascinating view into what will surely become a core part of blockchain tech in the future.
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Episode links:
This episode is hosted by Brian Fabian Crain and Meher Roy. Show notes and listening options: epicenter.tv/116
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