TACEO
@TACEO_IO
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We're building the network for Private Shared State, powered by coSNARKs and Multiparty Computation.
Joined August 2023
Presenting.. πππ«πππ¬, by TACEO Demonstrating the first ππ¨π§ππ’πππ§ππ’ππ₯ π¬ππππ₯πππ¨π’π§ ππ«ππ§π¬πππ« system operating in ππ«π’π―πππ ππ‘ππ«ππ πππππ Confidentiality x Performanceβ― x Compliance, onchain https://t.co/swl141uJrn
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If we had known how hard this would be, we wouldnβt have started. But weβre more motivated than ever because: - We get to work on insane problems with insane people. - Weβre probably still naive about how much harder it will get.
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Privacy will be the most important moat in crypto
Privacy will be the most important moat in crypto. Why? Because secrets are hard to migrate. Everyone is launching a new "high performance" blockchain lately. But these chains are hardly different from one another. Blockspace is functionally the same everywhere. And with
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now that everyone knows what PIR is, it is much easier to explain OMap PIR == private reads OMap == private reads & writes
Plinko PIR tutorial: https://t.co/i7W9a5MCHi
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Encryption hides your data. It does NOT hide your behavior. If an observer sees you querying the memory slot for "Bankruptcy Law" every day, they don't need to decrypt the file to know your secrets. This is Access Pattern Leakage. Itβs the silent killer of privacy in Web3. π
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The recent wave of bullishness on privacy has amplified two destructive trends in the privacy community and industry:
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"With privacy, thereβs no partial credit. Nobody cheers when you get it 70% right." β @aisconnolly of @TACEO_IO Verifiable finance demands cryptographic guarantees, not vague trust. Read the conversation:
blog.nexus.xyz
Nexus Chief Scientist Jens Groth sat down with Taceo Chief Strategy Officer Aisling Connolly for a conversation about verifiable finance.
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@AutomataNetwork @brevis_zk @horizenglobal @base @0xHolonym @MinaProtocol @nym @NicolasRamsrud @proofbase @SelfProtocol @greenfield_cap @spearhead @VerdaVentures @sreeramkannan @eigencloud @sandeepnailwal @0xPolygon Taceo πΉ OMap πΉ @TACEO_IO introduced OMap, a confidential and verifiable data structure designed to support Private Shared State: https://t.co/PulP9RhyQY It combines a Sparse Merkle Tree for on-chain commitment with MPC and ORAM to keep keys, values, and access patterns
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This post very eloquently captures my recent conversation with @JensGroth16 in BA. If you have any interest in the future of {verifiable, private} finance, itβs worth a read.
"With privacy, thereβs no partial credit. Nobody cheers when you get it 70% right." β @aisconnolly of @TACEO_IO Verifiable finance demands cryptographic guarantees, not vague trust. Read the conversation:
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My favourite privacy projects (dyor, nfa): @Zcash - shielded store of value @aztecnetwork - programmable privacy @TACEO_IO - private shared state @zama - also private shared state and of course @Starknet that will provide scale for private payments, shielded trading, and other
Takes on privacy that no one asked for: - Simple and time tested designs will likely shield most of the assets, at least short-mid term: zcash and zcash-like constructions (tornado, privacy pools) work just fine, are well studied and are in production for a decade; encrypted
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private payments and zk-identity will be the backbone of agents
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Today, join @aisconnolly & friends at the ZK Real World Summit, organized by @zk_monk, pulling together the teams building the next generation of privacy applications!
ZKP brought us verifiable privacy, but let's face it: they've been stuck in "single-player mode." A prover convinces a verifier, and that's it. But the real world? It's multiplayerβpayments, compliance, collaboration. Join us this 21th november at Buenos Aires to talk about it
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Here's Christian at Research Day. The most engaged audience we've seen all day, someone even said "that was amazing" at the end, which is a big deal post-research-chat. Christian and co. discussed Poseidon2b and what makes hash functions generally ZK (or MPC) friendly.
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Crypto scariesβ¦ βI lie awake at night thinking about a half-baked agent with no semblance of privacy built in taking over crypto trading. This where data verifiably in finance must play a role.β - @aisconnolly of @TACEO_IO in convo with @JensGroth16 at @NexusLabsβs verifiable
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We discussed the paper "Large-Scale MPC: Scaling Private Iris Code Uniqueness Checks to Millions of Users" Here's the link:
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Here's @rw0x0 at Research Day! At this time of the week, people are running out of energy, but not here! Full space all day, and here to talk about Large Scale MPC for identity and payments, with @NoirLang, @worldcoin, and more.
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Busy day today, join @aisconnolly and @JensGroth16 for a Fireside chat at @NexusLabs's Verifiable: DeFi Networking Event!
What is the role of cryptography in verifiable finance? Join @JensGroth16 and @aisconnolly of @TACEO_IO as they discuss this and more at Verifiable: DeFi Networking event at @efdevcon.
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