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One thing all the crypto coins show is that a central authority has its uses. What if you want to fix a bug in the protocol or upgrade it? What if due to some m

One thing all the crypto coins show is that a central authority has its uses. What if you want to fix a bug in the protocol or upgrade it? What if due to some mistake you are identified as underage when you are over, or over when you are underage? There's nobody to reach out to. A zero-trust protocol or computer system is all well and good, for some uses at least. A zero-trust society will not work. Or at least it will be significantly worse than societies with trust.

verdverm 2y ago
There are definitely components from the cryptocoin realm that could be repurposed in trust based systems. zk proofs could be used to solve this problem. - Govt runs a zk-prove-ident service - User goes to PH and starts verification process - PH does proof with Govt, this could be anonymous Ideally the user's keys are part of their ID, if you lose your ID, you can get a new one. It's still a permissioned system, so no miners/stakers needed, we can make it possible to change/replace keys behind the scenes so the UX for the common people does not amount to "lose your keys, lose your money"