Vitalik Buterin, co-founder of Ethereum and a proponent for privacy enhancements in the face of AI surveillance technology, advocates that decentralization remain intact.
The pace of change in the world is dizzying. Artificial intelligence The pace of AI advancement is faster than many of us are able to keep up. It has a profound impact on nearly all aspects of our daily lives. With the rise of AI comes a new concern, privacy.
Privacy has been an issue with cryptocurrency for a long time. It’s something that’s been debated endlessly — sometimes heatedly — and never really resolved.
A recent blog post, Ethereum’s co-founder Vitalik Buterin He shared his views on privacy and how it is important now more than ever.
Buterin emphasizes that AI is now at a stage where it could literally read minds. The implications are huge. The society can be facing a future where people’s most personal data — thoughts — are being analyzed and used against them, he adds.
“AI is greatly increasing capabilities for centralized data collection and analysis while greatly expanding the scope of data that we share voluntarily. In the future, newer technologies like brain-computer interfaces bring further challenges: we may be literally talking about AI reading our minds.”
Vitalik Buterin
‘Defining challenges of our time’
But it is not only about technology. Buterin highlights geopolitical and power dynamics risks. From payment processors and telecom companies to name a few, he pointed out there are many entities that hold your information.
“In general, policing all of these entities at a sufficient level of rigor that ensures that they truly have a high level of care for user data is so effort intensive on both the watcher and the watched that it is likely incompatible with maintaining a competitive free market.”
Vitalik Buterin
The government is not as reliable as it may seem. Ethereum’s creator points out a regime which seems secure and respects privacy now might change tomorrow.
Ari Redbord admitted to crypto.news in an exclusive interview that there is a growing imbalance between the privacy of crypto and its security. “one of the defining challenges of our time.”
“After 9/11, that debate played out in airports and public spaces — today, it’s happening on blockchains. The goal is to protect the rights of lawful users to transact privately while preventing rogue regimes, scammers, and cartels from exploiting pseudonymity to move illicit funds.”
Ari Redbord
‘Not a choice between security and privacy’
Buterin is confident that there are already solutions in place, despite the dangers. Buterin believes that there are already solutions in place. zero-knowledge Proof of Personhood is a way to prove a person’s individuality without divulging any personal information. One is Privacy PoolsThe user can use this feature to verify that the funds they have are legitimate without having their private data exposed. The user can then prove to the bank that his coins are genuine and not stolen or hacked. Buterin said that privacy pools, such as Railgun, are currently in use.
That’s not it. Canadian computer programmers also mentioned on-device scanning for fraud, which checks incoming emails without violating privacy.
Redboard responded to a question about whether cybercriminals could misuse privacy-focused technologies by saying that the choice is not between security or privacy, but about what’s best for everyone. “building with both in mind.”
“With tools like blockchain intelligence, zero-knowledge proofs, digital ID, privacy protocols, and smart contracts, we can thread that needle and build a financial system that is both open and safe. In fact, it is not a choice between security and privacy when it comes to blockchains, the technology uniquely allows us to have both.”
Ari Redbord
Buterin says that in order to prove the provenance of physical goods, blockchain technology and zero-knowledge verifications could be used by customers. They would then track and monitor a product’s production history, its environmental impact, and price it without having to reveal its complete supply chain.
Buterin is of the opinion that in terms of the overall picture, “most pressing risk of near-future technology is that privacy will approach all-time lows, and in a highly imbalanced way where the most powerful individuals and the most powerful nations get lots of data on everyone, and everyone else will see close to nothing.” He says that’s why he supports privacy for all and makes the tools universal, open-source, safe, and reliable. “is one of the important challenges of our time.”
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Source: crypto.news
