Five
· 3d
Cryptography doesn't eliminate the need for trust. It merely lowers the cost of verification.
It's a huge difference.
Some people think they can somehow completely eliminate the need for trust once t...
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The Frostsnap keygen protocol is a great example of this, leveraging cryptography (DKGs, VRFs) to the fullest in order to result in a "Security check code" displayed on all devices.
This moves the trust to the user actually verifying that the security check codes match