05-28, 10:00–10:25 (CET), Root
My talk explores everyday uses of decentralized commit-and-reveal threshold encryption beyond preventing malicious MEV, such as auctions, time-lock gifts, RFPs, betting, voting, bounties, and more. I'll review current and future projects, explain why decentralized en/decryption matters. I'll balance accessibility for normies with depth for devs.
Commit-and-reveal threshold encryption is most widely known in crypto as a component of encrypted mempools, which prevent malicious MEV and real time censorship.
However, in this talk, I will explore a wide range of “everyday” applications for decentralized commit-and-reveal encryption.
I will highlight and evaluate both existing projects and potential future projects, including: time-lock gifts (Hongbao, birthdays, Xmas, etc), auctions, RPF procurement processes, perimutual betting pools, voting, embargoed press releases, bounties, games, and more.
Participants will gain an understanding of commit-and-reveal encryption, why decentralized en/decryption is important, everyday applications, and pros and cons in different applications.
This talk will be accessible enough for normies to understand, but technical enough to inspire developers.
- BA in Ethics and LLM in Laws
- Background in financial inclusion in emerging markets in SE Asia
- Got into crypto in 2021 after military coup in Myanmar
- Currently Head of Commercial at brainbot gmbh
- Working on Shutter Network and Paddle Battle
- Focused on credible neutrality, privacy, and public goods