Oddbean new post about | logout
▲ ▼
cliffbjanger | 23 days ago (raw) | root | parent | reply | flag +5 
 Thanks, interesting read! For those that are like me, not familiar with the term "homomorphic", AI says it's fancy 😅 

"This is a fancy term for a way to keep the amounts of money being sent secret."

"homomorphic encryption allows for secure computations on encrypted data, preserving privacy while still enabling useful operations"
▲ ▼
Max Hillebrand | 23 days ago (raw) | root | parent | reply | flag +2 
 It is fancy indeed... 

Naive example of homomorphic encryption:

Alice has a number 5, she multiplies it by a large number, and sends that to Bob.

Bob adds the number 3 to the large number, and sends back to Alice. 

Alice now divides by her original large number, and receives 8. Bob just computed something for Alice, but Bob doesn't know the result of the computation.
▲ ▼
cliffbjanger | 23 days ago (raw) | root | parent | reply | flag +3 
 I'm steering down into the abyss of the cryptography rabbit hole.
▲ ▼
Max Hillebrand | 23 days ago (raw) | root | parent | reply | flag +1 
 Somewhat similar is when I orange pill someone, I'm a bit sorry for having derailed that person's life, most likely everything will change for him...

Anyhow, enjoy the adventure!
▲ ▼
MindMining | 23 days ago (raw) | root | parent | reply | flag +1 
 The battle between inconvenient truth and convenient lies...
One of those is going to help the other person in the future.
Just remember that when you mess up (/error correct) another person's worldview again 😂😉👊
▲ ▼
₿ Nico ₿ ∞/21m Low-Time-Preference | 23 days ago (raw) | root | parent | reply | flag 
 💯