Decentralized Tech - The Next 5 Years Conrad Barski, M.D. CEO, - PowerPoint PPT Presentation

Decentralized Tech - The Next 5 Years Conrad Barski, M.D. CEO, Forward Blockchain

Privacy

"The digital signing mechanism in Bitcoin & Ethereum is the most secure one ever created"

"The digital signing mechanism in Bitcoin & Ethereum is the most secure one ever created" - me, today

Private Key Signature Message

Private Key Signature Message

Code Private Key Code Code Code Code Code Code Code Code Signature Message Code Code Code Code Code

Code Private Key Code Code Code Code Code Code Code Code Signature Message Code Code Code $ Code Code Wallet

alteration security read security (privacy)

The "easy way" to solve blockchain privacy: Firewall Public Private/Consortium Chain Chain

Adding Privacy to Blockchains Private Chains Factom-like Systems ● ● Consortium Chains Zero-Knowledge Systems ● ● Public Chain Encryption Plasma Chains ● ● Blockchain Permission Payment/State Channels ● ● Systems

The Blockchain Privacy Triangle Available in 2018 Pick Two Useful Private

In Defense of Private/Consortium Chains Firewall 1. Protections against internal fraud 2. Sandboxing 3. Maintaining data with complex structure

Privacy

TOP SECRET

Before the Internet Database Data

After the Internet anyone can read some can read some can write anyone can write

After the Internet anyone can read some traditional can databases read some can write anyone can write

After the Internet anyone can read some traditional communications can databases read some can write anyone can write

After the Internet anyone can social media read some traditional communications can databases read some can write anyone can write

After the Internet anyone can blockchain social media read some traditional communications can databases read some can write anyone can write

Computation on the "Edge" public chain Client PC Firewall private database

Benefits of Public Blockchains 1. Security 2. Reliability 3. Zero Infrastructure

The Next 5 Years: Second Layer Systems

Main Chain contract address resolution Second Layer P2P Nodes deposit Client Node

Second Layer Systems - Benefits 1. Security 2. Reliability Second 3. Zero Infrastructure Layer 4. Privacy Systems 5. Performance

Second Layer Systems - Examples ● Sharding ● Casper ● Swarm ● Plasma ● Lightning Networks/Raiden ● Publishing Systems

Anatomy of a Second Layer Publishing System ● The System will be less of an "application" and more of a "utility" ● Trusted Authorities will authorize access to the platform ● Users will maintain whitelist of authorities ● It will decouple publishing, hosting, payment handling and content validation ● Will be optimized for highly dynamic datasets (mailing lists, research study data, etc.) ● Automatic support for subscriptions

Contact conrad@forwardblockchain.com

(Licenses For Images in this Presentation) https://www.freeimages.com/photo/indian-elephant-1393532 https://pixabay.com/en/globe-world-earth-planet-1339833/ https://www.freeimages.com/photo/computers-1242862