Thanks for tackling the topic of decentralized #digitalID ! I’m sure this theme will grow in interest over the next few years. With #crypto our governments don’t have the monopoly over money creation anymore, there is no reason for them to keep the monopoly over IDs creation/management. I need to listen to this episode again because I didn’t understand all the technicalities discussed. Also it’s unclear how the proposed mechanism would prevent sybil attacks.
Instead of creating a separate ID system on top of #Monero, why not integrating with an existing decentralized digital ID #blockchain such as #Idena which is Sybil-proof?
Indeed, it should be possible to link a #XMR address to a #iDNA identity to prove that this address isn’t a #sybil address. That wouldn’t impact the anonymity of other addresses. This could even enable a fair voting (with non-Sybil participants) mechanism on top of Monero which could be a good way to manage a Monero treasury to fund developers.
LogicallyMinded
npub1s0…2rqf5
2023-10-02 03:22:02
in reply to nevent1q…0d9f
Author Public Key
npub1s0fs9dwztm2rukm42vh6df4a5gwykclf75tgyeuc75t0cs2eh8rsu2rqf5Published at
2023-10-02 03:22:02Event JSON
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"created_at": 1696216922,
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"content": "Thanks for tackling the topic of decentralized #digitalID ! I’m sure this theme will grow in interest over the next few years. With #crypto our governments don’t have the monopoly over money creation anymore, there is no reason for them to keep the monopoly over IDs creation/management. I need to listen to this episode again because I didn’t understand all the technicalities discussed. Also it’s unclear how the proposed mechanism would prevent sybil attacks.\n\nInstead of creating a separate ID system on top of #Monero, why not integrating with an existing decentralized digital ID #blockchain such as #Idena which is Sybil-proof?\n\nIndeed, it should be possible to link a #XMR address to a #iDNA identity to prove that this address isn’t a #sybil address. That wouldn’t impact the anonymity of other addresses. This could even enable a fair voting (with non-Sybil participants) mechanism on top of Monero which could be a good way to manage a Monero treasury to fund developers.",
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