Silent Protocol at DevConnect 2023
Silent Protocol at DevConnect 2023Read more
The global blockchain adoption index is on a rapid rise and with it, comes significant threats imposed by the lack of privacy. Information in this era of digital industrialism is equivalent to digital oil and profit is being made from this abuse of information. Public blockchains provide an open ledger to log immutable information and be exposed to the benefits of a secure and trustless environment, but it is not “secure” for individual use. Privacy means security and it is a standard to measure the security of an environment and a system.
The Internet was one of mankind’s greatest innovations and blockchain is an extremely important by-product of the Internet. One of the prime advantages of the Internet is communication, blockchains have given us the ability to signal permissionless intents. Intents come in the form of a transfer of value/message between two parties and are fundamentally important to the function of an open society. It is the equivalent of freedom of speech and we seek to make it more permissionless, accessible, secure, and open for all. One can pass laws against it but technical innovation that improves the quality of life has never and will never go away.
We appreciate the properties of a permissionless blockchain, where we received unbiased access to the system state. We are free to write and view immutable information and trade it with the system, accessible by worldwide system participants. Public blockchains are a globally distributed handbook of historical honesty. We desire the resources provided by the blockchain, along with the wish to provide private access to one. We must ensure that data is secure because information scripted in a blockchain is made available to worldwide participants, in an unbiased manner. It’s a double-edged sword, which requires privacy.
Just like how the blockchain is a product of the internet, Web3 applications are a product of the blockchain. Web3 applications are a new age zero trust environment providing permissionless access to a defined program facilitating high bandwidth value exchange and are built to provide efficiency in use-case compared to their centralized counterparts. But while interacting with applications on the blockchain, we are presented with the problem of preserving our data and securing it. When we speak to someone in real life, the conversation or in other words what was said is not publicly available to everyone. When we transact online to purchase goods from Amazon, our neighbours do not get to know about it and neither should they. When I exchange intents with a person/business on the internet, no unauthorized entity gets to know about it. Web2 makes it possible due to the standardization of encryption and secure transport layer. In Web3, our addresses are our unique identifiers and it is revealed whenever we choose to do anything. Our identities and actions are revealed publicly and this is something that requires fixing.
Therefore, Web3 needs privacy. Privacy is not secrecy. Privacy is normal and should be a choice for all. Privacy is the power of the owner to selectively reveal the data when s/he wants to, and in the context of blockchain, it is the power of the owner to reveal his/her identity behind a system state change, when the owner desires to. It prompts the essence of an anonymous computational access layer and Web3 needs one. An anonymous computational access layer is not by any means a secret service. But rather, it empowers individuals to reveal their identity when desired and only when required, providing the essence of privacy over their new-age digital activities, securing and protecting their data stored on the blockchain.
In a more technical sense, applications on the blockchain provide users the ability to call different functions on the blockchain, which lets them append their data and update the system state, on the global ledger. As of now, it’s equivalent to an individual, for example, buying a debt bond of her/his country and broadcasting it to the entire world. This is unsafe and insecure. In a fair world, if a user wants to do or say something, the user may want it heard or seen by only those that the user desires. If the content of our data is readily accessible to the entire world, we have no privacy. We are unsafe. To provide a privacy-preserving service or a pass to an anonymous computational access layer is to ensure the privacy and protection of one’s own identity and data.
Our constitutional rights provide us with the right to privacy and we must defend our privacy if we expect our data to be safe and secure. There is a distinct difference between public knowledge and private Information. As of now, all data on a public blockchain is public knowledge and is infeasible for proper use in the future. But with the use of an anonymous computational access layer, users get to mark all information global but at the same time, protect their personal identity and their personal data from the public.
People have been defending their privacy from age-old times, through closed doors, secret handshakes, couriers, and in the age of the internet through strong encryption and data protection rights. Today in the age of the blockchain, we have strong technologies such as zero-knowledge proofs to help us provide probable computation, without revealing private details.
Silencers (people aiding and sympathizing with the cause of our work) are dedicated to providing users with a pass to an anonymous computational access layer, which will help users access applications on the public blockchains privately and reveal their information at will — to take back their right to privacy and protect their data. We are defending our privacy with cryptography, digital signatures, and Zero-Knowledge proofs. Silencers also believe in the fact that privacy is normal and normal individuals with good standing with the law, deserve to use privacy-preserving products with no exclusions. We hate when bad actors, for example, hackers, money launderers, and terrorists make use of privacy-preserving protocols and make it taboo and difficult for law-abiding citizens to use the product, to protect themselves and their data. To solve this problem we are building secure infrastructure that protects the integrity of the private environment and makes it unfeasible for bad actors to utilize the system.
We are not a corporate startup but a movement to make life in this new age of the internet feasible. We believe privacy isn’t secrecy but rather the right to share information with selected individuals. We firmly stand for decentralization, trustlessness, and censorship resistance. We are here to serve good actors, to make privacy normal again, and to provide users with secure and private web3 access.
Blockchain adoption and web3 adoption, in general, are rising and have already spread throughout the entire globe and will only rise with time, and with it, the need for a private computational access layer. We are here to help users protect their data from being misused and to help them experience the new age of the internet, with peace of mind. For us to be successful, the ideology of protecting your personal data from random people needs to be checked and it can only happen when we all come together to deploy these systems for the common good.
We, the Silencers are actively engaged in making public blockchains safer. We seek your questions and cooperation. Let’s move ahead together and improve our space.
Onwards and Forwards.