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Episode 258: Ultrasound Money & VRFs with Justin Drake

Zero Knowledge

Is There a Difference Between Threshold and Delay Encryption?

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There's kind of these two flavors of what I call auto magical decryption. For the threshold version, you basically trusting that a committee is majority honest. But it comes with downsides such as needing hardware and having to wait for delays. Witness encryption can use any arbitrary witness to decrypt your payload. And so the witness could be a proof that either the committee has signed off on the decryption or enough time has passed.

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