My fellow retards,
As Phonon protocol approaches the testnet, phrens ideate on the wild new concepts that are possible with secure, p2p private key transferability. One elf has been dreaming up vault access…
Imagine an enterprising elf or goblin-run server which hosts encrypted files. Think of a dropbox where the company has no access to the files. They just host some encrypted blob wherein anyone with the specified Phonon private key(s) can download, or view, the file. This is quite interesting because the uploader has guarantees that only the owner of the specified private key existing on the Phonon network can access the data. This has intense implications.
If you are a defector/whistleblower and want to leak private information on some heinous crimes being carried out by a government or multinational slave labor entity (Aapl) then this would be an incredible system to ensure only the individual you want to leak to can access the sensitive information.
There would be no email trace, no Google caching, no fingerprints to tie your data to the leaked information. You could even set up such a system so the data is a one time only download which then has the encrypted data deleted from the hosting server. Guarantees to those who want to see a more equitable world may inspire more to shine a light on atrocity.
Imagine you are in China and have intimate details about the genocide against the Uighurs. You want the rest of the world to realize this and stop their support of the CCP economy that dictates it. Good luck in current day to get that information out to the EU or USA…the great firewall of Sauron watches your every move.
Phonon protocol empowers the individual with unique guarantees that have never before been wielded.
Just wait until Netflix realizes that messaging matters. They leaked the plan to stop the sharing of passwords and it tanked their stock. Instead if they managed the message by saying they were adding cutting edge encryption and privacy protection for users by securing access to their account and data via the Phonon protocol, their stonk price likely would moon instead. They could instantly stop the sharing of passwords by issuing private keys that exist in Phonon to their users. They would likely do this via the users eSim and require them to click an app that authenticates the user on the phone and then allows access to a nearby screen. That implementation detail is for other elves to figure out. The main note here is that the Phonon protocol changes the fundamental relationships that exist in society today. It is both empowering to the individual and an innovative platform for the conglomerates. Don’t get this elf started on a CBDC built on Phonon. That shit makes sense, but it is scary to imagine the implications…
Phonon DAO is for the brave.
Tips to phonongod.eth will be invested in bounties that advance the Phonon project.
Hatemail to phonongod@protonmail.com will be scathingly considered.
Targets for the marketcap of PHONON DAO remain:
$1b by Q2 2022, $12b by EOY.
On the high end, $300b marketcap in 3 years.
Hum. Wonder who came up with such an idea