In this episode of the Unstoppable Podcast, we’re talking to Tor Bair, founder of the Secret Network. It’s a data privacy platform for Web 3.0 and the first blockchain using smart contracts that have data privacy built-in by default.
We talk about privacy and blockchains in general, and Tor tells us how he developed an interest in privacy and how the idea of the secret network was born. We discuss some of the privacy issues facing blockchains today and the potential solutions for them.
Should there be different privacy options for individuals, governments, and businesses? We talk about this, and whether the notion of “privacy by default” contradicts the transparent nature of blockchain.
Tor shares some ideas on how to prevent bad actors from taking advantage of permissionless systems and gives some examples of applications that have already been built on Secret. He also explains how Secret works with Ethereum dApps.
Finally, Tor teases a few things Secret is working on in the near term, along with their long-term vision, and gives his opinion on the best-kept secret in crypto.
1:54 How did Tor get interested in crypto?
5:19 How did Tor get the idea for The Secret Network?
8:20 What are the privacy issues right now, and how can we solve them?
11:45 Should privacy be private by default for individuals and public for government and businesses?
14:24 Is the blockchain meant to be an open and transparent ledger?
17:44 What do you do if a bad actor utilizes the system?
23:06 Zero-knowledge proof
25:38 How does privacy work in The Secret Network?
27:33 Applications that have been built on Secret?
32:41 Can Secret be applied to Ethereum dapps?
34:37 The Secret Network NFT project
39:41 What are the things that Secret Network is working on in the short and long term?
42:57 What is the best-kept secret in crypto?
45:51 Tor explains his tweets
49:39 Where can you find Tor?
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