WEBVTT Kind: captions Language: en 00:00:04.620 --> 00:00:07.580 align:start position:0% hello<00:00:05.460> everybody<00:00:06.080> thanks<00:00:07.080> for<00:00:07.140> coming<00:00:07.470> to 00:00:07.580 --> 00:00:07.590 align:start position:0% hello everybody thanks for coming to 00:00:07.590 --> 00:00:09.250 align:start position:0% hello everybody thanks for coming to this<00:00:07.740> talk 00:00:09.250 --> 00:00:09.260 align:start position:0% this talk 00:00:09.260 --> 00:00:12.170 align:start position:0% this talk privacy<00:00:10.260> aetherium<00:00:10.710> so<00:00:11.219> today<00:00:11.940> I'm<00:00:12.059> gonna 00:00:12.170 --> 00:00:12.180 align:start position:0% privacy aetherium so today I'm gonna 00:00:12.180 --> 00:00:13.850 align:start position:0% privacy aetherium so today I'm gonna talk<00:00:12.360> about<00:00:12.420> like<00:00:12.809> where<00:00:13.530> we<00:00:13.619> are<00:00:13.650> at<00:00:13.799> the 00:00:13.850 --> 00:00:13.860 align:start position:0% talk about like where we are at the 00:00:13.860 --> 00:00:16.570 align:start position:0% talk about like where we are at the moment<00:00:14.010> and<00:00:14.369> kind<00:00:14.910> of<00:00:15.029> where<00:00:15.330> we<00:00:15.420> want<00:00:15.570> to<00:00:15.600> go 00:00:16.570 --> 00:00:16.580 align:start position:0% moment and kind of where we want to go 00:00:16.580 --> 00:00:19.939 align:start position:0% moment and kind of where we want to go so<00:00:17.580> in<00:00:18.060> aetherium<00:00:18.480> over<00:00:18.660> the<00:00:18.750> last<00:00:18.900> like<00:00:19.650> six 00:00:19.939 --> 00:00:19.949 align:start position:0% so in aetherium over the last like six 00:00:19.949 --> 00:00:22.790 align:start position:0% so in aetherium over the last like six to<00:00:20.400> twelve<00:00:20.640> months<00:00:20.789> we've<00:00:21.179> had<00:00:21.210> a<00:00:21.359> lot<00:00:21.689> of<00:00:21.800> new 00:00:22.790 --> 00:00:22.800 align:start position:0% to twelve months we've had a lot of new 00:00:22.800 --> 00:00:24.739 align:start position:0% to twelve months we've had a lot of new and<00:00:23.099> exciting<00:00:23.669> your<00:00:24.089> knowledge<00:00:24.300> proof<00:00:24.449> stuff 00:00:24.739 --> 00:00:24.749 align:start position:0% and exciting your knowledge proof stuff 00:00:24.749 --> 00:00:28.220 align:start position:0% and exciting your knowledge proof stuff coming<00:00:25.050> up<00:00:26.990> yeah 00:00:28.220 --> 00:00:28.230 align:start position:0% coming up yeah 00:00:28.230 --> 00:00:31.069 align:start position:0% coming up yeah so<00:00:28.849> for<00:00:29.849> example<00:00:29.910> we<00:00:30.269> have<00:00:30.390> a<00:00:30.419> bunch<00:00:30.659> of<00:00:30.749> mixers 00:00:31.069 --> 00:00:31.079 align:start position:0% so for example we have a bunch of mixers 00:00:31.079 --> 00:00:33.530 align:start position:0% so for example we have a bunch of mixers that<00:00:31.230> are<00:00:31.320> coming<00:00:31.529> out<00:00:31.669> tornado<00:00:32.669> cash<00:00:32.850> is<00:00:33.090> live 00:00:33.530 --> 00:00:33.540 align:start position:0% that are coming out tornado cash is live 00:00:33.540 --> 00:00:36.730 align:start position:0% that are coming out tornado cash is live on<00:00:33.570> May<00:00:33.870> 9<00:00:34.050> at<00:00:34.079> the<00:00:34.200> moment<00:00:34.820> micro<00:00:35.820> mix<00:00:36.030> is<00:00:36.210> is 00:00:36.730 --> 00:00:36.740 align:start position:0% on May 9 at the moment micro mix is is 00:00:36.740 --> 00:00:40.550 align:start position:0% on May 9 at the moment micro mix is is in<00:00:37.740> progress<00:00:38.070> there's<00:00:38.580> the<00:00:39.510> Argent<00:00:40.170> hopper<00:00:40.440> is 00:00:40.550 --> 00:00:40.560 align:start position:0% in progress there's the Argent hopper is 00:00:40.560 --> 00:00:42.290 align:start position:0% in progress there's the Argent hopper is live<00:00:40.710> on<00:00:40.860> mainittu<00:00:41.340> and<00:00:41.640> maybe<00:00:42.030> there's<00:00:42.240> more 00:00:42.290 --> 00:00:42.300 align:start position:0% live on mainittu and maybe there's more 00:00:42.300 --> 00:00:44.450 align:start position:0% live on mainittu and maybe there's more than<00:00:42.480> I'm<00:00:42.720> not<00:00:42.870> saying<00:00:43.140> that<00:00:43.650> I<00:00:43.740> left<00:00:43.920> out<00:00:44.130> and 00:00:44.450 --> 00:00:44.460 align:start position:0% than I'm not saying that I left out and 00:00:44.460 --> 00:00:46.310 align:start position:0% than I'm not saying that I left out and then<00:00:44.760> we<00:00:45.000> have<00:00:45.150> certain<00:00:45.450> kind<00:00:45.630> of<00:00:45.690> other 00:00:46.310 --> 00:00:46.320 align:start position:0% then we have certain kind of other 00:00:46.320 --> 00:00:48.320 align:start position:0% then we have certain kind of other interesting<00:00:46.920> privacy<00:00:47.610> applications<00:00:48.150> like 00:00:48.320 --> 00:00:48.330 align:start position:0% interesting privacy applications like 00:00:48.330 --> 00:00:51.290 align:start position:0% interesting privacy applications like ads<00:00:48.810> like<00:00:49.050> which<00:00:49.590> will<00:00:49.830> be<00:00:49.950> coming<00:00:50.220> out<00:00:50.340> about 00:00:51.290 --> 00:00:51.300 align:start position:0% ads like which will be coming out about 00:00:51.300 --> 00:00:53.720 align:start position:0% ads like which will be coming out about to<00:00:51.600> run<00:00:51.750> their<00:00:51.870> trusted<00:00:52.110> set<00:00:52.290> up<00:00:52.380> and<00:00:52.800> as<00:00:53.550> well 00:00:53.720 --> 00:00:53.730 align:start position:0% to run their trusted set up and as well 00:00:53.730 --> 00:00:55.970 align:start position:0% to run their trusted set up and as well as<00:00:53.880> just<00:00:54.390> doing<00:00:54.720> transactional<00:00:55.410> privacy<00:00:55.800> we 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voting private hours there's this<00:01:04.769> really<00:01:05.189> cool<00:01:05.489> pull<00:01:05.820> up<00:01:05.990> signaling<00:01:06.990> up<00:01:07.170> at 00:01:07.429 --> 00:01:07.439 align:start position:0% this really cool pull up signaling up at 00:01:07.439 --> 00:01:09.440 align:start position:0% this really cool pull up signaling up at this<00:01:07.590> event<00:01:07.710> where<00:01:08.220> you<00:01:08.369> can<00:01:08.579> get<00:01:09.060> a<00:01:09.119> pork 00:01:09.440 --> 00:01:09.450 align:start position:0% this event where you can get a pork 00:01:09.450 --> 00:01:12.080 align:start position:0% this event where you can get a pork token<00:01:09.840> and<00:01:10.049> deposit<00:01:11.039> into<00:01:11.310> a<00:01:11.340> private<00:01:11.909> pool 00:01:12.080 --> 00:01:12.090 align:start position:0% token and deposit into a private pool 00:01:12.090 --> 00:01:14.739 align:start position:0% token and deposit into a private pool and<00:01:12.359> then<00:01:12.479> start<00:01:12.749> to<00:01:12.840> make<00:01:13.020> private<00:01:13.979> signals 00:01:14.739 --> 00:01:14.749 align:start position:0% and then start to make private signals 00:01:14.749 --> 00:01:17.630 align:start position:0% and then start to make private signals using<00:01:15.749> this<00:01:15.840> which<00:01:16.590> is<00:01:16.679> pretty<00:01:16.799> cool<00:01:17.070> and<00:01:17.369> then 00:01:17.630 --> 00:01:17.640 align:start position:0% using this which is pretty cool and then 00:01:17.640 --> 00:01:20.870 align:start position:0% using this which is pretty cool and then we<00:01:17.729> also<00:01:17.880> have<00:01:18.119> like<00:01:18.270> a<00:01:18.710> private<00:01:19.710> voting<00:01:20.670> where 00:01:20.870 --> 00:01:20.880 align:start position:0% we also have like a private voting where 00:01:20.880 --> 00:01:22.880 align:start position:0% we also have like a private voting where it's<00:01:21.030> impossible<00:01:21.329> to<00:01:21.960> prove<00:01:22.380> that<00:01:22.590> you<00:01:22.710> voted 00:01:22.880 --> 00:01:22.890 align:start position:0% it's impossible to prove that you voted 00:01:22.890 --> 00:01:24.649 align:start position:0% it's impossible to prove that you voted a<00:01:23.039> certain<00:01:23.280> way<00:01:23.399> which<00:01:23.759> is<00:01:23.909> important<00:01:24.539> for 00:01:24.649 --> 00:01:24.659 align:start position:0% a certain way which is important for 00:01:24.659 --> 00:01:26.389 align:start position:0% a certain way which is important for like<00:01:25.200> quadratic<00:01:25.710> voting<00:01:26.009> and<00:01:26.159> things<00:01:26.249> like 00:01:26.389 --> 00:01:26.399 align:start position:0% like quadratic voting and things like 00:01:26.399 --> 00:01:29.870 align:start position:0% like quadratic voting and things like that<00:01:27.649> so<00:01:28.649> that's<00:01:29.039> the<00:01:29.159> start<00:01:29.399> and<00:01:29.579> talk<00:01:29.670> about 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position:0% at the moment and this is work like what 00:01:38.369 --> 00:01:40.999 align:start position:0% at the moment and this is work like what they<00:01:38.460> do<00:01:38.520> is<00:01:38.819> pretty<00:01:39.030> simple<00:01:39.710> so<00:01:40.710> basically 00:01:40.999 --> 00:01:41.009 align:start position:0% they do is pretty simple so basically 00:01:41.009 --> 00:01:42.859 align:start position:0% they do is pretty simple so basically you<00:01:41.189> have<00:01:41.429> some<00:01:41.759> money<00:01:41.909> you<00:01:42.179> deposit<00:01:42.689> it<00:01:42.749> into 00:01:42.859 --> 00:01:42.869 align:start position:0% you have some money you deposit it into 00:01:42.869 --> 00:01:44.480 align:start position:0% you have some money you deposit it into the<00:01:42.990> mixer<00:01:43.289> and<00:01:43.499> some<00:01:44.069> time<00:01:44.219> later<00:01:44.399> you 00:01:44.480 --> 00:01:44.490 align:start position:0% the mixer and some time later you 00:01:44.490 --> 00:01:46.789 align:start position:0% the mixer and some time later you withdraw<00:01:44.819> that<00:01:44.880> money<00:01:45.030> and<00:01:45.450> this<00:01:46.229> question 00:01:46.789 --> 00:01:46.799 align:start position:0% withdraw that money and this question 00:01:46.799 --> 00:01:48.679 align:start position:0% withdraw that money and this question mark<00:01:47.009> here<00:01:47.219> kind<00:01:47.520> of<00:01:47.609> shows<00:01:47.880> that<00:01:47.909> you<00:01:48.389> don't 00:01:48.679 --> 00:01:48.689 align:start position:0% mark here kind of shows that you don't 00:01:48.689 --> 00:01:52.989 align:start position:0% mark here kind of shows that you don't know<00:01:48.929> which<00:01:49.829> depositing<00:01:50.549> switch<00:01:50.729> withdrawal 00:01:52.989 --> 00:01:52.999 align:start position:0% know which depositing switch withdrawal 00:01:52.999 --> 00:01:56.739 align:start position:0% know which depositing switch withdrawal yeah<00:01:53.999> so<00:01:54.840> there's<00:01:55.770> three<00:01:56.069> of<00:01:56.100> these<00:01:56.340> there's 00:01:56.739 --> 00:01:56.749 align:start position:0% yeah so there's three of these there's 00:01:56.749 --> 00:01:59.769 align:start position:0% yeah so there's three of these there's there's<00:01:57.749> three<00:01:57.959> of<00:01:57.990> these<00:01:58.139> that<00:01:58.319> I<00:01:58.380> know<00:01:58.439> about 00:01:59.769 --> 00:01:59.779 align:start position:0% there's three of these that I know about 00:01:59.779 --> 00:02:02.899 align:start position:0% there's three of these that I know about micro<00:02:00.779> makes<00:02:00.990> hopper<00:02:01.560> and<00:02:02.069> tornado<00:02:02.490> which<00:02:02.789> is 00:02:02.899 --> 00:02:02.909 align:start position:0% micro makes hopper and tornado which is 00:02:02.909 --> 00:02:06.859 align:start position:0% micro makes hopper and tornado which is in<00:02:02.999> production<00:02:04.729> so<00:02:05.729> what<00:02:06.479> are<00:02:06.600> the<00:02:06.659> problems 00:02:06.859 --> 00:02:06.869 align:start position:0% in production so what are the problems 00:02:06.869 --> 00:02:10.249 align:start position:0% in production so what are the problems with<00:02:07.289> this<00:02:08.539> so<00:02:09.539> one<00:02:09.720> of<00:02:09.750> the<00:02:09.869> problems<00:02:10.140> is<00:02:10.229> that 00:02:10.249 --> 00:02:10.259 align:start position:0% with this so one of the problems is that 00:02:10.259 --> 00:02:11.930 align:start position:0% with this so one of the problems is that there's<00:02:10.530> like<00:02:10.649> a<00:02:10.709> single<00:02:10.979> denomination<00:02:11.520> you 00:02:11.930 --> 00:02:11.940 align:start position:0% there's like a single denomination you 00:02:11.940 --> 00:02:13.580 align:start position:0% there's like a single denomination you deposit<00:02:12.510> one<00:02:12.629> either<00:02:12.780> and<00:02:13.110> you<00:02:13.170> withdraw<00:02:13.409> one 00:02:13.580 --> 00:02:13.590 align:start position:0% deposit one either and you withdraw one 00:02:13.590 --> 00:02:15.770 align:start position:0% deposit one either and you withdraw one either<00:02:13.739> and<00:02:14.069> there's<00:02:14.519> no<00:02:14.700> kind<00:02:15.090> of<00:02:15.239> way<00:02:15.510> to<00:02:15.569> do 00:02:15.770 --> 00:02:15.780 align:start position:0% either and there's no kind of way to do 00:02:15.780 --> 00:02:17.810 align:start position:0% either and there's no kind of way to do internal<00:02:16.409> transactions 00:02:17.810 --> 00:02:17.820 align:start position:0% internal transactions 00:02:17.820 --> 00:02:20.520 align:start position:0% internal transactions to<00:02:18.820> solve<00:02:19.540> for<00:02:19.600> example<00:02:20.020> if<00:02:20.080> you<00:02:20.170> want<00:02:20.320> to<00:02:20.380> send 00:02:20.520 --> 00:02:20.530 align:start position:0% to solve for example if you want to send 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align:start position:0% draw it and then send it to your friend which<00:02:26.050> is<00:02:26.290> kind<00:02:26.560> of<00:02:26.620> annoying<00:02:26.830> especially 00:02:27.180 --> 00:02:27.190 align:start position:0% which is kind of annoying especially 00:02:27.190 --> 00:02:28.950 align:start position:0% which is kind of annoying especially because<00:02:27.640> there's<00:02:28.030> like<00:02:28.180> only<00:02:28.450> a<00:02:28.600> single 00:02:28.950 --> 00:02:28.960 align:start position:0% because there's like only a single 00:02:28.960 --> 00:02:30.600 align:start position:0% because there's like only a single denomination<00:02:29.500> allowed<00:02:29.860> so<00:02:30.190> you<00:02:30.250> can<00:02:30.430> only 00:02:30.600 --> 00:02:30.610 align:start position:0% denomination allowed so you can only 00:02:30.610 --> 00:02:33.120 align:start position:0% denomination allowed so you can only ever<00:02:30.850> send<00:02:31.150> your<00:02:31.270> friend<00:02:31.480> 0.1<00:02:32.170> ether<00:02:32.470> or<00:02:32.860> less 00:02:33.120 --> 00:02:33.130 align:start position:0% ever send your friend 0.1 ether or less 00:02:33.130 --> 00:02:35.190 align:start position:0% ever send your friend 0.1 ether or less than<00:02:33.370> 0.1<00:02:33.880> ether<00:02:34.150> which<00:02:34.810> is<00:02:34.930> a<00:02:34.959> little<00:02:35.110> bit 00:02:35.190 --> 00:02:35.200 align:start position:0% than 0.1 ether which is a little bit 00:02:35.200 --> 00:02:37.080 align:start position:0% than 0.1 ether which is a little bit knowing<00:02:35.290> and<00:02:35.650> the<00:02:36.250> third<00:02:36.400> problem<00:02:36.580> is<00:02:36.850> that 00:02:37.080 --> 00:02:37.090 align:start position:0% knowing and the third problem is that 00:02:37.090 --> 00:02:39.480 align:start position:0% knowing and the third problem is that there's<00:02:37.360> you<00:02:38.290> need<00:02:38.410> to<00:02:38.500> pay<00:02:38.650> for<00:02:38.890> the<00:02:38.950> gas<00:02:39.130> for 00:02:39.480 --> 00:02:39.490 align:start position:0% there's you need to pay for the gas for 00:02:39.490 --> 00:02:40.949 align:start position:0% there's you need to pay for the gas for the<00:02:39.580> transaction<00:02:40.090> but<00:02:40.390> we<00:02:40.450> have<00:02:40.570> this<00:02:40.660> kind<00:02:40.840> of 00:02:40.949 --> 00:02:40.959 align:start position:0% the transaction but we have this kind of 00:02:40.959 --> 00:02:43.110 align:start position:0% the transaction but we have this kind of chicken<00:02:41.200> and<00:02:41.320> the<00:02:41.380> egg<00:02:41.410> situation<00:02:41.940> so<00:02:42.940> for 00:02:43.110 --> 00:02:43.120 align:start position:0% chicken and the egg situation so for 00:02:43.120 --> 00:02:44.790 align:start position:0% chicken and the egg situation so for example<00:02:43.510> imagine<00:02:43.690> I<00:02:43.930> wanted<00:02:44.200> to<00:02:44.290> I<00:02:44.680> have 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and 00:02:57.060 --> 00:02:57.070 align:start position:0% I deposit the money into the mixer and 00:02:57.070 --> 00:02:59.010 align:start position:0% I deposit the money into the mixer and then<00:02:57.459> I<00:02:57.489> need<00:02:58.090> to<00:02:58.180> withdraw<00:02:58.480> that<00:02:58.510> money<00:02:58.690> to 00:02:59.010 --> 00:02:59.020 align:start position:0% then I need to withdraw that money to 00:02:59.020 --> 00:03:01.020 align:start position:0% then I need to withdraw that money to the<00:02:59.110> new<00:02:59.230> address<00:02:59.380> but<00:03:00.340> I<00:03:00.370> don't<00:03:00.580> have<00:03:00.670> any<00:03:00.820> gas 00:03:01.020 --> 00:03:01.030 align:start position:0% the new address but I don't have any gas 00:03:01.030 --> 00:03:02.670 align:start position:0% the new address but I don't have any gas in<00:03:01.300> the<00:03:01.390> new<00:03:01.510> address<00:03:01.660> account<00:03:02.050> so<00:03:02.380> there's<00:03:02.530> no 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align:start position:0% kind of defeats the purpose of putting 00:03:08.739 --> 00:03:09.900 align:start position:0% kind of defeats the purpose of putting it<00:03:08.950> in<00:03:09.040> the<00:03:09.070> mixer<00:03:09.340> in<00:03:09.430> the<00:03:09.520> first<00:03:09.700> place 00:03:09.900 --> 00:03:09.910 align:start position:0% it in the mixer in the first place 00:03:09.910 --> 00:03:13.410 align:start position:0% it in the mixer in the first place because<00:03:11.790> because<00:03:12.790> if<00:03:12.910> you<00:03:13.060> send<00:03:13.239> it<00:03:13.360> from 00:03:13.410 --> 00:03:13.420 align:start position:0% because because if you send it from 00:03:13.420 --> 00:03:15.660 align:start position:0% because because if you send it from address<00:03:13.720> a<00:03:13.840> to<00:03:13.959> address<00:03:14.260> B<00:03:14.440> you<00:03:14.920> you<00:03:15.400> link 00:03:15.660 --> 00:03:15.670 align:start position:0% address a to address B you you link 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transaction abstraction where we we make<00:03:21.340> it<00:03:21.459> like<00:03:21.549> another<00:03:21.850> network<00:03:22.269> of<00:03:22.830> nodes 00:03:23.820 --> 00:03:23.830 align:start position:0% make it like another network of nodes 00:03:23.830 --> 00:03:25.380 align:start position:0% make it like another network of nodes that<00:03:24.070> will<00:03:24.280> pay<00:03:24.549> the<00:03:24.730> gas<00:03:24.880> of<00:03:25.030> a<00:03:25.090> transaction 00:03:25.380 --> 00:03:25.390 align:start position:0% that will pay the gas of a transaction 00:03:25.390 --> 00:03:28.080 align:start position:0% that will pay the gas of a transaction and<00:03:25.840> also<00:03:26.590> get<00:03:26.739> repaid<00:03:27.100> that<00:03:27.489> gas<00:03:27.670> at<00:03:27.880> the<00:03:27.970> end 00:03:28.080 --> 00:03:28.090 align:start position:0% and also get repaid that gas at the end 00:03:28.090 --> 00:03:30.449 align:start position:0% and also get repaid that gas at the end of<00:03:28.180> the<00:03:28.239> transaction<00:03:28.739> so<00:03:29.739> those<00:03:29.890> are<00:03:30.040> the<00:03:30.160> kind 00:03:30.449 --> 00:03:30.459 align:start position:0% of the transaction so those are the kind 00:03:30.459 --> 00:03:33.449 align:start position:0% of the transaction so those are the kind of<00:03:30.519> three<00:03:30.760> main<00:03:31.420> problems<00:03:31.780> of<00:03:31.840> mixers<00:03:32.459> and 00:03:33.449 --> 00:03:33.459 align:start position:0% of three main problems of mixers and 00:03:33.459 --> 00:03:35.729 align:start position:0% of three main problems of mixers and here<00:03:33.730> is<00:03:33.820> some<00:03:34.060> some<00:03:34.750> of<00:03:35.019> some<00:03:35.500> kind<00:03:35.680> of 00:03:35.729 --> 00:03:35.739 align:start position:0% here is some some of some kind of 00:03:35.739 --> 00:03:37.140 align:start position:0% here is some some of some kind of attacks<00:03:36.040> that<00:03:36.190> we<00:03:36.400> can<00:03:36.549> leverage<00:03:36.760> the 00:03:37.140 --> 00:03:37.150 align:start position:0% attacks that we can leverage the 00:03:37.150 --> 00:03:41.190 align:start position:0% attacks that we can leverage the anonymize<00:03:37.840> people<00:03:38.340> so<00:03:39.340> first<00:03:40.060> of<00:03:40.150> all<00:03:40.269> one<00:03:41.049> big 00:03:41.190 --> 00:03:41.200 align:start position:0% anonymize people so first of all one big 00:03:41.200 --> 00:03:43.520 align:start position:0% anonymize people so first of all one big problem<00:03:41.470> that<00:03:41.650> we<00:03:41.769> have<00:03:42.070> is<00:03:42.400> that<00:03:42.459> there's<00:03:42.970> no 00:03:43.520 --> 00:03:43.530 align:start position:0% problem that we have is that there's no 00:03:43.530 --> 00:03:47.009 align:start position:0% problem that we have is that there's no there's<00:03:44.530> no<00:03:44.590> like<00:03:44.830> metadata<00:03:45.519> and<00:03:45.910> there's<00:03:46.870> no 00:03:47.009 --> 00:03:47.019 align:start position:0% there's no like metadata and there's no 00:03:47.019 --> 00:03:50.100 align:start position:0% there's no like metadata and there's no like<00:03:47.820> metadata<00:03:48.820> privacy<00:03:49.360> here<00:03:49.570> so<00:03:49.810> when<00:03:49.989> you 00:03:50.100 --> 00:03:50.110 align:start position:0% like metadata privacy here so when you 00:03:50.110 --> 00:03:52.530 align:start position:0% like metadata privacy here so when you go<00:03:50.290> into<00:03:50.829> any<00:03:51.160> of<00:03:51.280> the<00:03:51.400> mixers<00:03:51.760> there's<00:03:52.239> a<00:03:52.329> user 00:03:52.530 --> 00:03:52.540 align:start position:0% go into any of the mixers there's a user 00:03:52.540 --> 00:03:55.259 align:start position:0% go into any of the mixers there's a user interface<00:03:52.840> and<00:03:53.380> and<00:03:53.799> when<00:03:54.730> you<00:03:54.880> deposit<00:03:55.239> your 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through that you to create a 00:04:02.620 --> 00:04:04.199 align:start position:0% sent through that you to create a transaction<00:04:02.920> and<00:04:03.640> you<00:04:03.700> broadcast<00:04:04.090> that 00:04:04.199 --> 00:04:04.209 align:start position:0% transaction and you broadcast that 00:04:04.209 --> 00:04:06.060 align:start position:0% transaction and you broadcast that transaction<00:04:04.690> through<00:04:04.870> and<00:04:05.079> pure<00:04:05.260> up<00:04:05.410> so 00:04:06.060 --> 00:04:06.070 align:start position:0% transaction through and pure up so 00:04:06.070 --> 00:04:08.670 align:start position:0% transaction through and pure up so everybody<00:04:06.760> is<00:04:07.030> able<00:04:07.180> to<00:04:07.420> know<00:04:07.600> who<00:04:08.049> said<00:04:08.470> who 00:04:08.670 --> 00:04:08.680 align:start position:0% everybody is able to know who said who 00:04:08.680 --> 00:04:11.910 align:start position:0% everybody is able to know who said who deposited<00:04:09.190> so<00:04:10.060> in<00:04:10.630> Fuhrer<00:04:11.019> is<00:04:11.380> able<00:04:11.650> to<00:04:11.769> know 00:04:11.910 --> 00:04:11.920 align:start position:0% deposited so in Fuhrer is able to know 00:04:11.920 --> 00:04:14.100 align:start position:0% deposited so in Fuhrer is able to know whose<00:04:12.310> IP<00:04:12.519> address<00:04:12.970> sent<00:04:13.299> which<00:04:13.480> money<00:04:13.840> into 00:04:14.100 --> 00:04:14.110 align:start position:0% whose IP address sent which money into 00:04:14.110 --> 00:04:16.740 align:start position:0% whose IP address sent which money into the<00:04:14.230> mixer<00:04:14.530> but<00:04:15.250> more<00:04:15.459> seriously<00:04:16.060> and<00:04:16.450> pure<00:04:16.600> is 00:04:16.740 --> 00:04:16.750 align:start position:0% the mixer but more seriously and pure is 00:04:16.750 --> 00:04:18.990 align:start position:0% the mixer but more seriously and pure is also<00:04:17.140> able<00:04:17.290> to<00:04:17.440> know<00:04:17.709> whose<00:04:18.340> IP<00:04:18.549> address 00:04:18.990 --> 00:04:19.000 align:start position:0% also able to know whose IP address 00:04:19.000 --> 00:04:20.640 align:start position:0% also able to know whose IP address withdrew<00:04:19.479> money<00:04:19.720> from<00:04:19.840> the<00:04:20.049> mixer<00:04:20.380> because 00:04:20.640 --> 00:04:20.650 align:start position:0% withdrew money from the mixer because 00:04:20.650 --> 00:04:22.620 align:start position:0% withdrew money from the mixer because when<00:04:20.890> you<00:04:20.979> make<00:04:21.100> a<00:04:21.160> withdrawal<00:04:21.370> you<00:04:22.180> also<00:04:22.360> need 00:04:22.620 --> 00:04:22.630 align:start position:0% when you make a withdrawal you also need 00:04:22.630 --> 00:04:24.390 align:start position:0% when you make a withdrawal you also need to<00:04:22.660> send<00:04:23.050> some<00:04:23.229> information<00:04:23.710> to<00:04:23.830> it<00:04:23.950> your<00:04:24.130> you 00:04:24.390 --> 00:04:24.400 align:start position:0% to send some information to it your you 00:04:24.400 --> 00:04:25.770 align:start position:0% to send some information to it your you need<00:04:24.520> to<00:04:24.640> request<00:04:24.910> information<00:04:25.060> from<00:04:25.419> a<00:04:25.599> pure 00:04:25.770 --> 00:04:25.780 align:start position:0% need to request information from a pure 00:04:25.780 --> 00:04:26.940 align:start position:0% need to request information from a pure and<00:04:26.020> you<00:04:26.080> also<00:04:26.200> need<00:04:26.410> to<00:04:26.470> broadcast<00:04:26.710> a 00:04:26.940 --> 00:04:26.950 align:start position:0% and you also need to broadcast a 00:04:26.950 --> 00:04:28.770 align:start position:0% and you also need to broadcast a transaction<00:04:27.460> so<00:04:28.000> in<00:04:28.090> Fuhrer<00:04:28.330> knows<00:04:28.570> the 00:04:28.770 --> 00:04:28.780 align:start position:0% transaction so in Fuhrer knows the 00:04:28.780 --> 00:04:30.300 align:start position:0% transaction so in Fuhrer knows the metadata<00:04:29.110> you're<00:04:29.320> requesting<00:04:29.860> and<00:04:30.130> you<00:04:30.220> have 00:04:30.300 --> 00:04:30.310 align:start position:0% metadata you're requesting and you have 00:04:30.310 --> 00:04:31.239 align:start position:0% metadata you're requesting and you have to<00:04:30.370> be<00:04:30.430> very<00:04:30.640> careful<00:04:30.970> about 00:04:31.239 --> 00:04:31.249 align:start position:0% to be very careful about 00:04:31.249 --> 00:04:35.919 align:start position:0% to be very careful about metadata<00:04:31.639> that<00:04:31.729> you<00:04:31.879> request<00:04:32.269> and<00:04:32.659> and<00:04:34.929> you 00:04:35.919 --> 00:04:35.929 align:start position:0% metadata that you request and and you 00:04:35.929 --> 00:04:37.059 align:start position:0% metadata that you request and and you have<00:04:36.019> to<00:04:36.049> be<00:04:36.169> very<00:04:36.289> careful<00:04:36.619> by<00:04:36.679> the<00:04:36.739> metadata 00:04:37.059 --> 00:04:37.069 align:start position:0% have to be very careful by the metadata 00:04:37.069 --> 00:04:51.239 align:start position:0% have to be very careful by the metadata you<00:04:37.219> request<00:04:37.609> and<00:04:40.209> sorry<00:04:47.649> just<00:04:48.649> one<00:04:48.769> second 00:04:51.239 --> 00:04:51.249 align:start position:0% 00:04:51.249 --> 00:04:53.649 align:start position:0% yeah<00:04:52.249> you<00:04:52.309> had<00:04:52.489> to<00:04:52.579> be<00:04:52.669> very<00:04:52.849> dated<00:04:52.999> careful 00:04:53.649 --> 00:04:53.659 align:start position:0% yeah you had to be very dated careful 00:04:53.659 --> 00:04:55.929 align:start position:0% yeah you had to be very dated careful about<00:04:53.779> the<00:04:53.899> metadata<00:04:54.169> you<00:04:54.259> request<00:04:54.649> and<00:04:54.939> the 00:04:55.929 --> 00:04:55.939 align:start position:0% about the metadata you request and the 00:04:55.939 --> 00:04:59.319 align:start position:0% about the metadata you request and the relayer<00:04:56.449> nose<00:04:57.229> the<00:04:57.529> nose<00:04:58.069> the<00:04:58.369> you<00:04:58.969> nose<00:04:59.179> your 00:04:59.319 --> 00:04:59.329 align:start position:0% relayer nose the nose the you nose your 00:04:59.329 --> 00:05:03.519 align:start position:0% relayer nose the nose the you nose your IP<00:04:59.449> address<00:04:59.749> when<00:04:59.929> you<00:04:59.959> withdrawal<00:05:00.289> so<00:05:01.299> so<00:05:02.529> so 00:05:03.519 --> 00:05:03.529 align:start position:0% IP address when you withdrawal so so so 00:05:03.529 --> 00:05:05.709 align:start position:0% IP address when you withdrawal so so so what<00:05:03.739> can<00:05:03.889> you<00:05:03.979> do<00:05:04.159> to<00:05:04.429> limit<00:05:04.819> this<00:05:05.059> so<00:05:05.479> you<00:05:05.539> can 00:05:05.709 --> 00:05:05.719 align:start position:0% what can you do to limit this so you can 00:05:05.719 --> 00:05:08.199 align:start position:0% what can you do to limit this so you can use<00:05:05.869> tor<00:05:06.229> yeah<00:05:06.949> so<00:05:07.159> if<00:05:07.249> you<00:05:07.279> log<00:05:07.549> in<00:05:07.699> with<00:05:07.729> tor 00:05:08.199 --> 00:05:08.209 align:start position:0% use tor yeah so if you log in with tor 00:05:08.209 --> 00:05:09.489 align:start position:0% use tor yeah so if you log in with tor to<00:05:08.419> the<00:05:08.539> mixer<00:05:08.839> which<00:05:09.079> is<00:05:09.229> totally<00:05:09.469> possible 00:05:09.489 --> 00:05:09.499 align:start position:0% to the mixer which is totally possible 00:05:09.499 --> 00:05:11.739 align:start position:0% to the mixer which is totally possible you<00:05:10.489> can<00:05:10.669> do<00:05:10.789> your<00:05:10.909> deposit<00:05:11.360> on<00:05:11.539> your 00:05:11.739 --> 00:05:11.749 align:start position:0% you can do your deposit on your 00:05:11.749 --> 00:05:14.079 align:start position:0% you can do your deposit on your withdrawal<00:05:12.169> through<00:05:12.679> toward<00:05:12.949> but<00:05:13.519> very<00:05:13.909> few 00:05:14.079 --> 00:05:14.089 align:start position:0% withdrawal through toward but very few 00:05:14.089 --> 00:05:16.479 align:start position:0% withdrawal through toward but very few users<00:05:14.269> actually<00:05:14.719> do<00:05:14.839> this<00:05:15.019> and<00:05:15.289> we<00:05:16.129> should<00:05:16.309> try 00:05:16.479 --> 00:05:16.489 align:start position:0% users actually do this and we should try 00:05:16.489 --> 00:05:17.739 align:start position:0% users actually do this and we should try and<00:05:16.610> encourage<00:05:16.789> people<00:05:16.999> to<00:05:17.149> do<00:05:17.299> this<00:05:17.419> as<00:05:17.569> much 00:05:17.739 --> 00:05:17.749 align:start position:0% and encourage people to do this as much 00:05:17.749 --> 00:05:20.589 align:start position:0% and encourage people to do this as much as<00:05:17.779> possible<00:05:18.819> so<00:05:19.819> you<00:05:19.849> should<00:05:20.119> use<00:05:20.269> to<00:05:20.449> work 00:05:20.589 --> 00:05:20.599 align:start position:0% as possible so you should use to work 00:05:20.599 --> 00:05:22.239 align:start position:0% as possible so you should use to work for<00:05:20.809> the<00:05:20.899> withdrawal<00:05:21.079> but<00:05:21.709> you<00:05:21.829> shouldn't<00:05:22.159> use 00:05:22.239 --> 00:05:22.249 align:start position:0% for the withdrawal but you shouldn't use 00:05:22.249 --> 00:05:23.739 align:start position:0% for the withdrawal but you shouldn't use it<00:05:22.399> for<00:05:22.519> the<00:05:22.610> deposit<00:05:22.879> and<00:05:23.239> the<00:05:23.479> reason<00:05:23.719> for 00:05:23.739 --> 00:05:23.749 align:start position:0% it for the deposit and the reason for 00:05:23.749 --> 00:05:25.209 align:start position:0% it for the deposit and the reason for this<00:05:23.959> is<00:05:24.019> that<00:05:24.469> if<00:05:24.679> you<00:05:24.769> use<00:05:24.919> it<00:05:24.949> for<00:05:25.069> the 00:05:25.209 --> 00:05:25.219 align:start position:0% this is that if you use it for the 00:05:25.219 --> 00:05:26.499 align:start position:0% this is that if you use it for the deposit<00:05:25.429> in<00:05:25.639> the<00:05:25.759> withdrawal<00:05:26.089> you<00:05:26.209> can<00:05:26.360> kind 00:05:26.499 --> 00:05:26.509 align:start position:0% deposit in the withdrawal you can kind 00:05:26.509 --> 00:05:28.149 align:start position:0% deposit in the withdrawal you can kind of<00:05:26.539> break<00:05:26.749> your<00:05:26.929> anonymity<00:05:27.199> set<00:05:27.559> up<00:05:27.679> into<00:05:27.979> two 00:05:28.149 --> 00:05:28.159 align:start position:0% of break your anonymity set up into two 00:05:28.159 --> 00:05:30.279 align:start position:0% of break your anonymity set up into two groups<00:05:28.299> group<00:05:29.299> number<00:05:29.569> one<00:05:29.599> is<00:05:30.019> the<00:05:30.169> people 00:05:30.279 --> 00:05:30.289 align:start position:0% groups group number one is the people 00:05:30.289 --> 00:05:31.749 align:start position:0% groups group number one is the people who<00:05:30.529> use<00:05:30.709> towards<00:05:31.039> a<00:05:31.069> deposit<00:05:31.429> and<00:05:31.609> group 00:05:31.749 --> 00:05:31.759 align:start position:0% who use towards a deposit and group 00:05:31.759 --> 00:05:34.089 align:start position:0% who use towards a deposit and group number<00:05:31.999> two<00:05:32.149> is<00:05:32.329> people<00:05:32.599> who<00:05:32.689> do<00:05:32.959> good<00:05:33.829> number 00:05:34.089 --> 00:05:34.099 align:start position:0% number two is people who do good number 00:05:34.099 --> 00:05:35.589 align:start position:0% number two is people who do good number one<00:05:34.249> is<00:05:34.399> people<00:05:34.549> using<00:05:34.909> towards<00:05:35.209> the<00:05:35.269> deposit 00:05:35.589 --> 00:05:35.599 align:start position:0% one is people using towards the deposit 00:05:35.599 --> 00:05:36.759 align:start position:0% one is people using towards the deposit in<00:05:35.689> group<00:05:35.809> number<00:05:36.019> two<00:05:36.110> is<00:05:36.229> people<00:05:36.469> who<00:05:36.529> did<00:05:36.709> in 00:05:36.759 --> 00:05:36.769 align:start position:0% in group number two is people who did in 00:05:36.769 --> 00:05:39.639 align:start position:0% in group number two is people who did in a<00:05:36.799> new<00:05:36.919> store<00:05:37.159> and<00:05:37.369> this<00:05:37.999> attack<00:05:38.629> can<00:05:38.809> be<00:05:38.839> be 00:05:39.639 --> 00:05:39.649 align:start position:0% a new store and this attack can be be 00:05:39.649 --> 00:05:41.409 align:start position:0% a new store and this attack can be be quite<00:05:39.860> serious<00:05:40.069> especially<00:05:40.879> when<00:05:41.179> you<00:05:41.269> have<00:05:41.389> a 00:05:41.409 --> 00:05:41.419 align:start position:0% quite serious especially when you have a 00:05:41.419 --> 00:05:43.749 align:start position:0% quite serious especially when you have a small<00:05:41.689> anonymity<00:05:42.169> set<00:05:42.469> so<00:05:43.189> for<00:05:43.429> example 00:05:43.749 --> 00:05:43.759 align:start position:0% small anonymity set so for example 00:05:43.759 --> 00:05:45.639 align:start position:0% small anonymity set so for example imagine<00:05:43.849> that<00:05:44.119> there<00:05:44.419> is<00:05:44.509> 100<00:05:45.199> coins<00:05:45.379> in<00:05:45.559> the 00:05:45.639 --> 00:05:45.649 align:start position:0% imagine that there is 100 coins in the 00:05:45.649 --> 00:05:47.379 align:start position:0% imagine that there is 100 coins in the mixer<00:05:45.919> and<00:05:46.069> one<00:05:46.399> person<00:05:46.669> deposits<00:05:47.119> a<00:05:47.179> coin 00:05:47.379 --> 00:05:47.389 align:start position:0% mixer and one person deposits a coin 00:05:47.389 --> 00:05:49.600 align:start position:0% mixer and one person deposits a coin weight<00:05:47.779> store<00:05:48.139> and<00:05:48.439> then<00:05:49.069> sometimes<00:05:49.399> later 00:05:49.600 --> 00:05:49.610 align:start position:0% weight store and then sometimes later 00:05:49.610 --> 00:05:51.699 align:start position:0% weight store and then sometimes later the<00:05:49.819> same<00:05:49.969> person<00:05:50.360> withdraws<00:05:50.509> the<00:05:51.110> same<00:05:51.469> coin 00:05:51.699 --> 00:05:51.709 align:start position:0% the same person withdraws the same coin 00:05:51.709 --> 00:05:53.799 align:start position:0% the same person withdraws the same coin with<00:05:51.919> toward<00:05:52.249> know<00:05:52.999> someone<00:05:53.329> which<00:05:53.479> was<00:05:53.629> a 00:05:53.799 --> 00:05:53.809 align:start position:0% with toward know someone which was a 00:05:53.809 --> 00:05:57.069 align:start position:0% with toward know someone which was a coin<00:05:54.110> with<00:05:54.319> tor<00:05:54.589> it<00:05:55.249> seems<00:05:55.639> pretty<00:05:56.209> logical<00:05:56.629> to 00:05:57.069 --> 00:05:57.079 align:start position:0% coin with tor it seems pretty logical to 00:05:57.079 --> 00:05:58.600 align:start position:0% coin with tor it seems pretty logical to say<00:05:57.259> that<00:05:57.499> okay<00:05:57.889> the<00:05:57.979> person<00:05:58.129> who<00:05:58.369> deposited 00:05:58.600 --> 00:05:58.610 align:start position:0% say that okay the person who deposited 00:05:58.610 --> 00:06:00.129 align:start position:0% say that okay the person who deposited with<00:05:58.939> tor<00:05:59.179> is<00:05:59.299> also<00:05:59.569> the<00:05:59.659> person<00:05:59.899> who<00:05:59.929> would 00:06:00.129 --> 00:06:00.139 align:start position:0% with tor is also the person who would 00:06:00.139 --> 00:06:02.769 align:start position:0% with tor is also the person who would true<00:06:00.259> with<00:06:00.409> tor<00:06:00.559> it<00:06:01.069> seems<00:06:01.369> like<00:06:01.639> that<00:06:02.329> is<00:06:02.389> kind 00:06:02.769 --> 00:06:02.779 align:start position:0% true with tor it seems like that is kind 00:06:02.779 --> 00:06:04.029 align:start position:0% true with tor it seems like that is kind of<00:06:02.839> reasonable<00:06:03.139> because<00:06:03.589> why<00:06:03.799> would<00:06:04.009> you 00:06:04.029 --> 00:06:04.039 align:start position:0% of reasonable because why would you 00:06:04.039 --> 00:06:06.399 align:start position:0% of reasonable because why would you deposit<00:06:04.549> with<00:06:04.639> store<00:06:04.879> and<00:06:05.119> then<00:06:05.539> remove<00:06:06.169> tor 00:06:06.399 --> 00:06:06.409 align:start position:0% deposit with store and then remove tor 00:06:06.409 --> 00:06:07.629 align:start position:0% deposit with store and then remove tor for<00:06:06.439> the<00:06:06.649> withdrawal<00:06:06.799> it<00:06:07.249> doesn't<00:06:07.549> really 00:06:07.629 --> 00:06:07.639 align:start position:0% for the withdrawal it doesn't really 00:06:07.639 --> 00:06:09.789 align:start position:0% for the withdrawal it doesn't really make<00:06:07.819> so<00:06:08.749> there<00:06:09.289> are<00:06:09.379> these<00:06:09.469> kind<00:06:09.739> of 00:06:09.789 --> 00:06:09.799 align:start position:0% make so there are these kind of 00:06:09.799 --> 00:06:11.739 align:start position:0% make so there are these kind of heuristic<00:06:09.979> attacks<00:06:10.969> that<00:06:11.149> you<00:06:11.209> can<00:06:11.449> do<00:06:11.569> that 00:06:11.739 --> 00:06:11.749 align:start position:0% heuristic attacks that you can do that 00:06:11.749 --> 00:06:16.959 align:start position:0% heuristic attacks that you can do that you<00:06:11.839> need<00:06:11.959> to<00:06:12.049> be<00:06:12.139> careful<00:06:12.289> about<00:06:15.549> yeah<00:06:16.549> so<00:06:16.789> in 00:06:16.959 --> 00:06:16.969 align:start position:0% you need to be careful about yeah so in 00:06:16.969 --> 00:06:18.009 align:start position:0% you need to be careful about yeah so in the<00:06:17.059> long<00:06:17.179> run<00:06:17.389> we<00:06:17.479> should<00:06:17.629> have<00:06:17.749> tor<00:06:17.899> by 00:06:18.009 --> 00:06:18.019 align:start position:0% the long run we should have tor by 00:06:18.019 --> 00:06:19.719 align:start position:0% the long run we should have tor by default<00:06:18.469> yeah<00:06:19.009> we<00:06:19.159> should<00:06:19.309> have<00:06:19.459> tor<00:06:19.610> by 00:06:19.719 --> 00:06:19.729 align:start position:0% default yeah we should have tor by 00:06:19.729 --> 00:06:21.459 align:start position:0% default yeah we should have tor by default<00:06:20.179> by<00:06:20.360> default<00:06:20.719> for<00:06:20.899> the<00:06:20.989> deposit<00:06:21.199> and 00:06:21.459 --> 00:06:21.469 align:start position:0% default by default for the deposit and 00:06:21.469 --> 00:06:26.229 align:start position:0% default by default for the deposit and the<00:06:21.619> withdrawal<00:06:24.789> so<00:06:25.789> then<00:06:25.939> there's<00:06:26.089> also 00:06:26.229 --> 00:06:26.239 align:start position:0% the withdrawal so then there's also 00:06:26.239 --> 00:06:28.689 align:start position:0% the withdrawal so then there's also temporal<00:06:26.689> attacks<00:06:26.989> so<00:06:27.799> imagine<00:06:28.189> that<00:06:28.219> we<00:06:28.369> have 00:06:28.689 --> 00:06:28.699 align:start position:0% temporal attacks so imagine that we have 00:06:28.699 --> 00:06:31.449 align:start position:0% temporal attacks so imagine that we have a<00:06:29.110> mixer<00:06:30.110> that<00:06:30.319> has<00:06:30.499> this<00:06:30.649> huge<00:06:31.009> amount<00:06:31.339> of 00:06:31.449 --> 00:06:31.459 align:start position:0% a mixer that has this huge amount of 00:06:31.459 --> 00:06:33.399 align:start position:0% a mixer that has this huge amount of ease<00:06:31.549> a<00:06:31.579> deposit<00:06:32.029> deposited<00:06:32.869> imagine<00:06:33.259> there's 00:06:33.399 --> 00:06:33.409 align:start position:0% ease a deposit deposited imagine there's 00:06:33.409 --> 00:06:35.079 align:start position:0% ease a deposit deposited imagine there's 1<00:06:33.619> million<00:06:33.949> coins<00:06:34.249> the<00:06:34.459> positive<00:06:34.819> into<00:06:34.999> the 00:06:35.079 --> 00:06:35.089 align:start position:0% 1 million coins the positive into the 00:06:35.089 --> 00:06:39.969 align:start position:0% 1 million coins the positive into the mixer<00:06:35.360> and<00:06:35.559> a<00:06:36.559> tea<00:06:36.860> and<00:06:37.249> then<00:06:38.499> did<00:06:39.499> this<00:06:39.739> what 00:06:39.969 --> 00:06:39.979 align:start position:0% mixer and a tea and then did this what 00:06:39.979 --> 00:06:41.079 align:start position:0% mixer and a tea and then did this what these<00:06:40.159> ones<00:06:40.399> have<00:06:40.489> been<00:06:40.550> there<00:06:40.759> for<00:06:40.879> a<00:06:40.939> long 00:06:41.079 --> 00:06:41.089 align:start position:0% these ones have been there for a long 00:06:41.089 --> 00:06:42.489 align:start position:0% these ones have been there for a long time<00:06:41.149> and<00:06:41.659> then<00:06:41.809> one<00:06:41.989> day<00:06:42.110> someone<00:06:42.319> comes 00:06:42.489 --> 00:06:42.499 align:start position:0% time and then one day someone comes 00:06:42.499 --> 00:06:44.169 align:start position:0% time and then one day someone comes along<00:06:42.679> and<00:06:42.860> deposits<00:06:43.369> one<00:06:43.519> either<00:06:43.639> in<00:06:43.909> and 00:06:44.169 --> 00:06:44.179 align:start position:0% along and deposits one either in and 00:06:44.179 --> 00:06:44.519 align:start position:0% along and deposits one either in and then<00:06:44.269> some 00:06:44.519 --> 00:06:44.529 align:start position:0% then some 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million<00:06:52.839> people<00:06:53.319> who<00:06:53.529> had<00:06:53.679> the<00:06:53.979> money 00:06:54.179 --> 00:06:54.189 align:start position:0% 1 million people who had the money 00:06:54.189 --> 00:06:55.799 align:start position:0% 1 million people who had the money deposited<00:06:54.639> there<00:06:54.789> for<00:06:54.939> a<00:06:54.969> long<00:06:55.149> time<00:06:55.179> suddenly 00:06:55.799 --> 00:06:55.809 align:start position:0% deposited there for a long time suddenly 00:06:55.809 --> 00:06:57.239 align:start position:0% deposited there for a long time suddenly decided<00:06:56.379> to<00:06:56.409> come<00:06:56.589> along<00:06:56.799> and<00:06:56.919> withdrawal 00:06:57.239 --> 00:06:57.249 align:start position:0% decided to come along and withdrawal 00:06:57.249 --> 00:06:59.939 align:start position:0% decided to come along and withdrawal like<00:06:58.029> you<00:06:58.299> can<00:06:58.509> I<00:06:58.959> would<00:06:59.289> be<00:06:59.379> pretty<00:06:59.619> confident 00:06:59.939 --> 00:06:59.949 align:start position:0% like you can I would be pretty confident 00:06:59.949 --> 00:07:01.529 align:start position:0% like you can I would be pretty confident to<00:07:00.099> say<00:07:00.249> that<00:07:00.429> the<00:07:00.519> person<00:07:00.669> who<00:07:00.819> deposited<00:07:01.359> is 00:07:01.529 --> 00:07:01.539 align:start position:0% to say that the person who deposited is 00:07:01.539 --> 00:07:02.819 align:start position:0% to say that the person who deposited is also<00:07:01.839> the<00:07:01.959> person<00:07:02.079> who<00:07:02.229> withdrew<00:07:02.529> in<00:07:02.709> that 00:07:02.819 --> 00:07:02.829 align:start position:0% also the person who withdrew in that 00:07:02.829 --> 00:07:05.639 align:start position:0% also the person who withdrew in that scenario<00:07:03.689> so<00:07:04.689> you<00:07:04.749> can<00:07:04.989> have<00:07:05.169> these<00:07:05.289> kind<00:07:05.559> of 00:07:05.639 --> 00:07:05.649 align:start position:0% scenario so you can have these kind of 00:07:05.649 --> 00:07:07.559 align:start position:0% scenario so you can have these kind of heuristic<00:07:05.769> attacks<00:07:06.369> that<00:07:06.519> you<00:07:06.639> say<00:07:06.879> okay<00:07:07.419> the 00:07:07.559 --> 00:07:07.569 align:start position:0% heuristic attacks that you say okay the 00:07:07.569 --> 00:07:09.269 align:start position:0% heuristic attacks that you say okay the last<00:07:07.779> person<00:07:08.169> to<00:07:08.199> withdraw<00:07:08.559> the<00:07:08.889> last<00:07:09.039> person 00:07:09.269 --> 00:07:09.279 align:start position:0% last person to withdraw the last person 00:07:09.279 --> 00:07:11.279 align:start position:0% last person to withdraw the last person the<00:07:09.369> deposit<00:07:09.699> is<00:07:09.819> the<00:07:09.969> next<00:07:10.389> withdrawal<00:07:10.719> so 00:07:11.279 --> 00:07:11.289 align:start position:0% the deposit is the next withdrawal so 00:07:11.289 --> 00:07:13.289 align:start position:0% the deposit is the next withdrawal so you<00:07:11.349> have<00:07:11.499> to<00:07:11.589> be<00:07:11.679> careful<00:07:12.129> about<00:07:12.249> by<00:07:13.239> the 00:07:13.289 --> 00:07:13.299 align:start position:0% you have to be careful about by the 00:07:13.299 --> 00:07:14.699 align:start position:0% you have to be careful about by the amount<00:07:13.629> of<00:07:13.659> time<00:07:13.839> that<00:07:13.869> you<00:07:14.079> leave<00:07:14.229> your<00:07:14.409> funds 00:07:14.699 --> 00:07:14.709 align:start position:0% amount of time that you leave your funds 00:07:14.709 --> 00:07:20.129 align:start position:0% amount of time that you leave your funds in<00:07:14.859> the<00:07:14.979> mixer<00:07:18.059> so<00:07:19.059> to<00:07:19.119> defend<00:07:19.689> against<00:07:19.929> this 00:07:20.129 --> 00:07:20.139 align:start position:0% in the mixer so to defend against this 00:07:20.139 --> 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position:0% problems with that that you that I can talk<00:07:28.269> about<00:07:28.389> in<00:07:28.689> the<00:07:28.899> questions<00:07:29.229> afterwards 00:07:29.609 --> 00:07:29.619 align:start position:0% talk about in the questions afterwards 00:07:29.619 --> 00:07:32.669 align:start position:0% talk about in the questions afterwards if<00:07:29.739> people<00:07:29.949> are<00:07:30.009> interested<00:07:30.429> and<00:07:31.589> then<00:07:32.589> the 00:07:32.669 --> 00:07:32.679 align:start position:0% if people are interested and then the 00:07:32.679 --> 00:07:34.019 align:start position:0% if people are interested and then the third<00:07:32.829> problem<00:07:33.009> is<00:07:33.189> that<00:07:33.309> the<00:07:33.399> anonymity<00:07:33.789> said 00:07:34.019 --> 00:07:34.029 align:start position:0% third problem is that the anonymity said 00:07:34.029 --> 00:07:36.509 align:start position:0% third problem is that the anonymity said is<00:07:34.149> quite<00:07:34.359> small<00:07:34.659> the<00:07:35.649> current<00:07:35.979> most<00:07:36.099> popular 00:07:36.509 --> 00:07:36.519 align:start position:0% is quite small the current most popular 00:07:36.519 --> 00:07:39.029 align:start position:0% is quite small the current most popular mixer<00:07:36.879> has<00:07:37.149> about<00:07:37.419> 200<00:07:37.929> deposits<00:07:38.409> at<00:07:38.739> the<00:07:38.799> time 00:07:39.029 --> 00:07:39.039 align:start position:0% mixer has about 200 deposits at the time 00:07:39.039 --> 00:07:40.319 align:start position:0% mixer has about 200 deposits at the time that<00:07:39.189> I<00:07:39.219> made<00:07:39.369> the<00:07:39.489> slides<00:07:39.729> I'm<00:07:39.939> not<00:07:40.059> sure<00:07:40.209> how 00:07:40.319 --> 00:07:40.329 align:start position:0% that I made the slides I'm not sure how 00:07:40.329 --> 00:07:42.689 align:start position:0% that I made the slides I'm not sure how many<00:07:40.389> it<00:07:40.629> is<00:07:40.749> now<00:07:40.929> but<00:07:41.739> so<00:07:41.919> this<00:07:42.039> is<00:07:42.219> an<00:07:42.369> animal 00:07:42.689 --> 00:07:42.699 align:start position:0% many it is now but so this is an animal 00:07:42.699 --> 00:07:46.229 align:start position:0% many it is now but so this is an animal anonymity<00:07:43.179> set<00:07:43.449> of<00:07:43.599> 200<00:07:44.349> which<00:07:44.859> is<00:07:45.119> which<00:07:46.119> I 00:07:46.229 --> 00:07:46.239 align:start position:0% anonymity set of 200 which is which I 00:07:46.239 --> 00:07:49.259 align:start position:0% anonymity set of 200 which is which I suppose<00:07:46.689> people<00:07:46.929> don't<00:07:47.409> think<00:07:47.559> of<00:07:47.979> when<00:07:48.309> it's 00:07:49.259 --> 00:07:49.269 align:start position:0% suppose people don't think of when it's 00:07:49.269 --> 00:07:51.269 align:start position:0% suppose people don't think of when it's not<00:07:49.509> my<00:07:49.689> level<00:07:49.899> of<00:07:50.079> anonymity<00:07:50.409> to<00:07:50.619> say<00:07:50.860> on<00:07:51.039> one 00:07:51.269 --> 00:07:51.279 align:start position:0% not my level of anonymity to say on one 00:07:51.279 --> 00:07:53.189 align:start position:0% not my level of anonymity to say on one of<00:07:51.399> 200<00:07:51.549> I<00:07:51.969> think<00:07:52.209> that<00:07:52.389> that's<00:07:52.539> like<00:07:52.749> a<00:07:52.899> higher 00:07:53.189 --> 00:07:53.199 align:start position:0% of 200 I think that that's like a higher 00:07:53.199 --> 00:07:57.209 align:start position:0% of 200 I think that that's like a higher standard<00:07:54.449> so<00:07:55.449> we<00:07:55.809> need<00:07:56.169> to<00:07:56.319> sort<00:07:56.679> of<00:07:56.769> be<00:07:56.919> kind 00:07:57.209 --> 00:07:57.219 align:start position:0% standard so we need to sort of be kind 00:07:57.219 --> 00:07:59.100 align:start position:0% standard so we need to sort of be kind of<00:07:57.339> careful<00:07:57.789> about<00:07:58.209> the<00:07:58.360> privacy<00:07:58.719> guarantees 00:07:59.100 --> 00:07:59.110 align:start position:0% of careful about the privacy guarantees 00:07:59.110 --> 00:08:00.749 align:start position:0% of careful about the privacy guarantees that<00:07:59.139> we<00:07:59.349> that<00:07:59.739> we<00:07:59.769> tell<00:08:00.039> people<00:08:00.279> about<00:08:00.369> when 00:08:00.749 --> 00:08:00.759 align:start position:0% that we that we tell people about when 00:08:00.759 --> 00:08:04.319 align:start position:0% that we that we tell people about when we<00:08:00.849> discuss<00:08:01.179> these<00:08:01.299> systems<00:08:02.879> so<00:08:03.879> okay<00:08:04.269> so 00:08:04.319 --> 00:08:04.329 align:start position:0% we discuss these systems so okay so 00:08:04.329 --> 00:08:06.239 align:start position:0% we discuss these systems so okay so let's<00:08:04.749> talk<00:08:05.019> about<00:08:05.259> like<00:08:05.439> how<00:08:05.799> can<00:08:05.979> we<00:08:06.069> pick 00:08:06.239 --> 00:08:06.249 align:start position:0% let's talk about like how can we pick 00:08:06.249 --> 00:08:08.449 align:start position:0% let's talk about like how can we pick some<00:08:06.399> of<00:08:06.519> these<00:08:06.610> problems<00:08:06.849> so<00:08:07.269> for<00:08:07.989> example 00:08:08.449 --> 00:08:08.459 align:start position:0% some of these problems so for example 00:08:08.459 --> 00:08:10.649 align:start position:0% some of these problems so for example how<00:08:09.459> can<00:08:09.489> we<00:08:09.669> get<00:08:09.819> more<00:08:09.939> people<00:08:09.999> to<00:08:10.419> deposit 00:08:10.649 --> 00:08:10.659 align:start position:0% how can we get more people to deposit 00:08:10.659 --> 00:08:12.600 align:start position:0% how can we get more people to deposit into<00:08:10.929> the<00:08:11.139> mixer<00:08:11.439> because<00:08:11.829> I<00:08:11.919> will<00:08:12.099> that<00:08:12.459> will 00:08:12.600 --> 00:08:12.610 align:start position:0% into the mixer because I will that will 00:08:12.610 --> 00:08:14.219 align:start position:0% into the mixer because I will that will kind<00:08:12.879> of<00:08:12.969> make<00:08:13.209> a<00:08:13.269> lot<00:08:13.509> of<00:08:13.539> these<00:08:13.689> problems<00:08:14.109> a 00:08:14.219 --> 00:08:14.229 align:start position:0% kind of make a lot of these problems a 00:08:14.229 --> 00:08:17.909 align:start position:0% kind of make a lot of these problems a little<00:08:14.349> bit<00:08:14.559> less<00:08:14.799> severe<00:08:15.249> because<00:08:16.739> 200<00:08:17.739> seems 00:08:17.909 --> 00:08:17.919 align:start position:0% little bit less severe because 200 seems 00:08:17.919 --> 00:08:23.279 align:start position:0% little bit less severe because 200 seems like<00:08:18.129> a<00:08:18.159> very<00:08:18.969> small<00:08:19.239> subset<00:08:20.759> so<00:08:22.109> one<00:08:23.109> way<00:08:23.229> to 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in their implementations and the<00:08:28.539> crypto<00:08:28.779> components<00:08:30.299> so<00:08:31.299> what<00:08:32.050> we<00:08:32.139> would 00:08:32.249 --> 00:08:32.259 align:start position:0% the crypto components so what we would 00:08:32.259 --> 00:08:34.559 align:start position:0% the crypto components so what we would like<00:08:32.439> so<00:08:32.879> yeah<00:08:33.879> that's<00:08:34.089> one<00:08:34.240> thing<00:08:34.389> we<00:08:34.449> could 00:08:34.559 --> 00:08:34.569 align:start position:0% like so yeah that's one thing we could 00:08:34.569 --> 00:08:35.730 align:start position:0% like so yeah that's one thing we could do<00:08:34.659> another<00:08:34.870> thing<00:08:35.050> we<00:08:35.169> could<00:08:35.289> do<00:08:35.379> is<00:08:35.500> we<00:08:35.529> could 00:08:35.730 --> 00:08:35.740 align:start position:0% do another thing we could do is we could 00:08:35.740 --> 00:08:37.409 align:start position:0% do another thing we could do is we could combine<00:08:35.919> multiple<00:08:36.339> mixers<00:08:36.819> together<00:08:37.089> these 00:08:37.409 --> 00:08:37.419 align:start position:0% combine multiple mixers together these 00:08:37.419 --> 00:08:39.119 align:start position:0% combine multiple mixers together these three<00:08:37.629> mixers<00:08:37.899> that<00:08:37.929> are<00:08:38.110> very<00:08:38.229> similar<00:08:38.439> but 00:08:39.119 --> 00:08:39.129 align:start position:0% three mixers that are very similar but 00:08:39.129 --> 00:08:40.769 align:start position:0% three mixers that are very similar but there<00:08:39.279> is<00:08:39.370> also<00:08:39.519> very<00:08:39.969> compelling<00:08:40.479> reasons 00:08:40.769 --> 00:08:40.779 align:start position:0% there is also very compelling reasons 00:08:40.779 --> 00:08:42.389 align:start position:0% there is also very compelling reasons why<00:08:40.899> we<00:08:41.050> should<00:08:41.199> have<00:08:41.289> mixers<00:08:41.589> that<00:08:41.649> are<00:08:42.159> more 00:08:42.389 --> 00:08:42.399 align:start position:0% why we should have mixers that are more 00:08:42.399 --> 00:08:44.249 align:start position:0% why we should have mixers that are more different<00:08:42.849> just<00:08:43.479> from<00:08:43.599> the<00:08:43.689> security<00:08:44.079> point 00:08:44.249 --> 00:08:44.259 align:start position:0% different just from the security point 00:08:44.259 --> 00:08:45.540 align:start position:0% different just from the security point of<00:08:44.319> view<00:08:44.379> it<00:08:44.679> would<00:08:44.800> make<00:08:44.949> sense<00:08:45.129> to<00:08:45.309> have<00:08:45.370> the 00:08:45.540 --> 00:08:45.550 align:start position:0% of view it would make sense to have the 00:08:45.550 --> 00:08:46.829 align:start position:0% of view it would make sense to have the mixers<00:08:46.029> that<00:08:46.059> are<00:08:46.300> based<00:08:46.480> upon<00:08:46.569> different 00:08:46.829 --> 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them fails there's still other ones<00:08:53.529> that<00:08:53.709> are<00:08:53.800> still<00:08:53.949> working<00:08:54.100> for<00:08:55.139> example 00:08:56.129 --> 00:08:56.139 align:start position:0% ones that are still working for example 00:08:56.139 --> 00:08:57.550 align:start position:0% ones that are still working for example we<00:08:56.199> find<00:08:56.319> out<00:08:56.500> a<00:08:56.529> bug<00:08:56.860> in<00:08:57.040> some<00:08:57.220> of 00:08:57.550 --> 00:08:57.560 align:start position:0% we find out a bug in some of 00:08:57.560 --> 00:08:59.410 align:start position:0% we find out a bug in some of or<00:08:57.650> something<00:08:57.980> like<00:08:58.070> that<00:08:58.250> and<00:08:58.700> the<00:08:59.270> third 00:08:59.410 --> 00:08:59.420 align:start position:0% or something like that and the third 00:08:59.420 --> 00:09:02.220 align:start position:0% or something like that and the third possible<00:08:59.840> thing<00:09:00.020> we<00:09:00.050> can<00:09:00.290> do<00:09:00.440> is<00:09:00.710> is<00:09:01.190> to 00:09:02.220 --> 00:09:02.230 align:start position:0% possible thing we can do is is to 00:09:02.230 --> 00:09:04.660 align:start position:0% possible thing we can do is is to perform<00:09:03.230> an<00:09:03.350> MPC<00:09:03.650> trosset<00:09:04.040> setup<00:09:04.279> so<00:09:04.520> the 00:09:04.660 --> 00:09:04.670 align:start position:0% perform an MPC trosset setup so the 00:09:04.670 --> 00:09:07.510 align:start position:0% perform an MPC trosset setup so the moment<00:09:04.850> that<00:09:05.060> all<00:09:05.720> the<00:09:05.870> mixes<00:09:06.140> in<00:09:06.290> in<00:09:06.650> in<00:09:07.279> in 00:09:07.510 --> 00:09:07.520 align:start position:0% moment that all the mixes in in in in 00:09:07.520 --> 00:09:09.550 align:start position:0% moment that all the mixes in in in in deployment<00:09:07.880> have<00:09:08.180> been<00:09:08.330> have<00:09:08.900> notice<00:09:09.290> it<00:09:09.440> set 00:09:09.550 --> 00:09:09.560 align:start position:0% deployment have been have notice it set 00:09:09.560 --> 00:09:11.440 align:start position:0% deployment have been have notice it set up<00:09:09.680> they<00:09:09.830> have<00:09:09.950> just<00:09:10.160> a<00:09:10.250> single<00:09:10.640> well<00:09:11.360> they 00:09:11.440 --> 00:09:11.450 align:start position:0% up they have just a single well they 00:09:11.450 --> 00:09:12.640 align:start position:0% up they have just a single well they have<00:09:11.570> a<00:09:11.600> trusted<00:09:11.930> set<00:09:12.080> up<00:09:12.200> but<00:09:12.320> they<00:09:12.410> just<00:09:12.560> have 00:09:12.640 --> 00:09:12.650 align:start position:0% have a trusted set up but they just have 00:09:12.650 --> 00:09:14.170 align:start position:0% have a trusted set up but they just have a<00:09:12.680> single<00:09:13.040> party<00:09:13.310> that<00:09:13.430> you<00:09:13.520> need<00:09:13.670> to<00:09:13.790> trust<00:09:14.029> in 00:09:14.170 --> 00:09:14.180 align:start position:0% a single party that you need to trust in 00:09:14.180 --> 00:09:16.870 align:start position:0% a single party that you need to trust in order<00:09:14.420> to<00:09:14.630> be<00:09:14.750> to<00:09:15.350> be<00:09:15.440> confident<00:09:15.920> that<00:09:15.980> the<00:09:16.220> of 00:09:16.870 --> 00:09:16.880 align:start position:0% order to be to be confident that the of 00:09:16.880 --> 00:09:19.450 align:start position:0% order to be to be confident that the of the<00:09:17.150> private<00:09:17.450> super<00:09:17.660> coins<00:09:17.870> or<00:09:18.529> not<00:09:18.860> to<00:09:19.339> be 00:09:19.450 --> 00:09:19.460 align:start position:0% the private super coins or not to be 00:09:19.460 --> 00:09:20.800 align:start position:0% the private super coins or not to be confident<00:09:19.790> that<00:09:19.880> they<00:09:20.060> won't<00:09:20.300> just<00:09:20.510> one<00:09:20.690> day 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00:09:28.010 align:start position:0% to be careful about the four thing that 00:09:28.010 --> 00:09:29.230 align:start position:0% to be careful about the four thing that we<00:09:28.100> can<00:09:28.250> do<00:09:28.400> is<00:09:28.580> we<00:09:28.730> can<00:09:28.820> integrate<00:09:29.089> with 00:09:29.230 --> 00:09:29.240 align:start position:0% we can do is we can integrate with 00:09:29.240 --> 00:09:32.530 align:start position:0% we can do is we can integrate with wallets<00:09:30.130> because<00:09:31.130> a<00:09:31.160> lot<00:09:31.370> of<00:09:31.400> people<00:09:31.610> don't 00:09:32.530 --> 00:09:32.540 align:start position:0% wallets because a lot of people don't 00:09:32.540 --> 00:09:35.920 align:start position:0% wallets because a lot of people don't really<00:09:32.690> worry<00:09:33.589> about<00:09:33.890> their<00:09:34.550> privacy<00:09:34.910> and<00:09:35.270> if 00:09:35.920 --> 00:09:35.930 align:start position:0% really worry about their privacy and if 00:09:35.930 --> 00:09:37.840 align:start position:0% really worry about their privacy and if we<00:09:36.080> integrate<00:09:36.500> with<00:09:36.589> wallets<00:09:37.190> we<00:09:37.339> can<00:09:37.550> help 00:09:37.840 --> 00:09:37.850 align:start position:0% we integrate with wallets we can help 00:09:37.850 --> 00:09:39.430 align:start position:0% we integrate with wallets we can help provide<00:09:38.150> these<00:09:38.360> people<00:09:38.720> privacy<00:09:39.260> without 00:09:39.430 --> 00:09:39.440 align:start position:0% provide these people privacy without 00:09:39.440 --> 00:09:41.829 align:start position:0% provide these people privacy without them<00:09:39.770> having<00:09:39.950> to<00:09:40.130> explicitly<00:09:40.760> opt-in<00:09:41.089> because 00:09:41.829 --> 00:09:41.839 align:start position:0% them having to explicitly opt-in because 00:09:41.839 --> 00:09:43.030 align:start position:0% them having to explicitly opt-in because at<00:09:41.960> the<00:09:42.050> moment<00:09:42.080> you<00:09:42.470> have<00:09:42.560> to<00:09:42.650> go<00:09:42.770> through<00:09:42.980> a 00:09:43.030 --> 00:09:43.040 align:start position:0% at the moment you have to go through a 00:09:43.040 --> 00:09:44.980 align:start position:0% at the moment you have to go through a series<00:09:43.310> of<00:09:43.430> technical<00:09:43.970> steps<00:09:44.180> that<00:09:44.420> are<00:09:44.540> kind 00:09:44.980 --> 00:09:44.990 align:start position:0% series of technical steps that are kind 00:09:44.990 --> 00:09:47.260 align:start position:0% series of technical steps that are kind of<00:09:45.020> difficult<00:09:45.410> to<00:09:45.470> perform<00:09:46.150> although<00:09:47.150> they 00:09:47.260 --> 00:09:47.270 align:start position:0% of difficult to perform although they 00:09:47.270 --> 00:09:48.760 align:start position:0% of difficult to perform although they use<00:09:47.420> the<00:09:47.720> user<00:09:47.990> experience<00:09:48.260> of<00:09:48.500> some<00:09:48.620> of<00:09:48.680> the 00:09:48.760 --> 00:09:48.770 align:start position:0% use the user experience of some of the 00:09:48.770 --> 00:09:51.070 align:start position:0% use the user experience of some of the mixers<00:09:49.040> it's<00:09:49.430> very<00:09:49.640> nice<00:09:49.850> it's<00:09:50.180> still<00:09:50.480> it's 00:09:51.070 --> 00:09:51.080 align:start position:0% mixers it's very nice it's still it's 00:09:51.080 --> 00:09:54.540 align:start position:0% mixers it's very nice it's still it's still<00:09:51.260> like<00:09:51.500> extra<00:09:52.220> work<00:09:52.250> for<00:09:52.460> people<00:09:52.760> to<00:09:52.940> do 00:09:54.540 --> 00:09:54.550 align:start position:0% still like extra work for people to do 00:09:54.550 --> 00:09:57.820 align:start position:0% still like extra work for people to do so<00:09:55.550> I'm<00:09:55.880> one<00:09:56.089> one<00:09:56.630> idea<00:09:56.930> that<00:09:56.990> that<00:09:57.529> we<00:09:57.680> were 00:09:57.820 --> 00:09:57.830 align:start position:0% so I'm one one idea that that we were 00:09:57.830 --> 00:09:59.860 align:start position:0% so I'm one one idea that that we were interested<00:09:58.190> in<00:09:58.460> in<00:09:58.730> promoting<00:09:59.089> as<00:09:59.420> the<00:09:59.660> first 00:09:59.860 --> 00:09:59.870 align:start position:0% interested in in promoting as the first 00:09:59.870 --> 00:10:02.110 align:start position:0% interested in in promoting as the first step<00:10:00.080> to<00:10:00.230> integrate<00:10:00.589> with<00:10:00.710> with<00:10:01.640> wallets<00:10:02.000> is 00:10:02.110 --> 00:10:02.120 align:start position:0% step to integrate with with wallets is 00:10:02.120 --> 00:10:05.140 align:start position:0% step to integrate with with wallets is to<00:10:02.300> create<00:10:02.660> create<00:10:03.080> this<00:10:03.520> create<00:10:04.520> new<00:10:04.730> private 00:10:05.140 --> 00:10:05.150 align:start position:0% to create create this create new private 00:10:05.150 --> 00:10:07.890 align:start position:0% to create create this create new private address<00:10:05.390> yeah<00:10:06.140> so<00:10:06.440> similar<00:10:06.770> to<00:10:06.800> create<00:10:07.280> new 00:10:07.890 --> 00:10:07.900 align:start position:0% address yeah so similar to create new 00:10:07.900 --> 00:10:12.070 align:start position:0% address yeah so similar to create new private<00:10:08.900> tab<00:10:09.110> in<00:10:09.589> browsers<00:10:10.250> we<00:10:10.700> could<00:10:11.080> have 00:10:12.070 --> 00:10:12.080 align:start position:0% private tab in browsers we could have 00:10:12.080 --> 00:10:14.020 align:start position:0% private tab in browsers we could have users<00:10:12.560> at<00:10:13.040> the<00:10:13.220> when<00:10:13.490> they<00:10:13.610> create<00:10:13.880> their 00:10:14.020 --> 00:10:14.030 align:start position:0% users at the when they create their 00:10:14.030 --> 00:10:15.760 align:start position:0% users at the when they create their wallet<00:10:14.390> deposit<00:10:14.870> some<00:10:14.990> money<00:10:15.020> into<00:10:15.290> the<00:10:15.470> mixer 00:10:15.760 --> 00:10:15.770 align:start position:0% wallet deposit some money into the mixer 00:10:15.770 --> 00:10:18.040 align:start position:0% wallet deposit some money into the mixer and<00:10:16.010> then<00:10:16.250> later<00:10:17.060> they<00:10:17.270> have<00:10:17.420> the<00:10:17.510> option<00:10:17.660> to 00:10:18.040 --> 00:10:18.050 align:start position:0% and then later they have the option to 00:10:18.050 --> 00:10:19.960 align:start position:0% and then later they have the option to create<00:10:18.410> a<00:10:18.500> new<00:10:18.560> private<00:10:19.040> address<00:10:19.250> when<00:10:19.670> they 00:10:19.960 --> 00:10:19.970 align:start position:0% create a new private address when they 00:10:19.970 --> 00:10:21.310 align:start position:0% create a new private address when they would<00:10:20.120> where<00:10:20.360> they<00:10:20.480> would<00:10:20.660> draw<00:10:20.839> those<00:10:21.050> funds 00:10:21.310 --> 00:10:21.320 align:start position:0% would where they would draw those funds 00:10:21.320 --> 00:10:27.300 align:start position:0% would where they would draw those funds to<00:10:21.440> their<00:10:21.680> new<00:10:21.800> address<00:10:25.630> okay<00:10:26.630> so<00:10:26.690> the<00:10:26.990> first 00:10:27.300 --> 00:10:27.310 align:start position:0% to their new address okay so the first 00:10:27.310 --> 00:10:31.120 align:start position:0% to their new address okay so the first solution<00:10:28.310> is<00:10:28.580> to<00:10:28.790> do<00:10:28.910> the<00:10:29.120> or<00:10:29.480> the<00:10:29.600> firstly<00:10:30.500> we 00:10:31.120 --> 00:10:31.130 align:start position:0% solution is to do the or the firstly we 00:10:31.130 --> 00:10:32.290 align:start position:0% solution is to do the or the firstly we should<00:10:31.160> talk<00:10:31.370> about<00:10:31.490> the<00:10:31.610> trusted<00:10:31.880> set<00:10:32.000> up<00:10:32.120> so 00:10:32.290 --> 00:10:32.300 align:start position:0% should talk about the trusted set up so 00:10:32.300 --> 00:10:33.490 align:start position:0% should talk about the trusted set up so at<00:10:32.480> the<00:10:32.540> moment<00:10:32.660> we're<00:10:32.900> running<00:10:33.110> a<00:10:33.170> trusted 00:10:33.490 --> 00:10:33.500 align:start position:0% at the moment we're running a trusted 00:10:33.500 --> 00:10:35.440 align:start position:0% at the moment we're running a trusted set<00:10:33.680> up<00:10:33.800> and<00:10:34.070> we<00:10:34.850> have<00:10:34.970> had<00:10:35.210> eight 00:10:35.440 --> 00:10:35.450 align:start position:0% set up and we have had eight 00:10:35.450 --> 00:10:37.210 align:start position:0% set up and we have had eight participants<00:10:35.630> so<00:10:36.050> far<00:10:36.320> and<00:10:36.589> we've<00:10:37.100> been 00:10:37.210 --> 00:10:37.220 align:start position:0% participants so far and we've been 00:10:37.220 --> 00:10:41.740 align:start position:0% participants so far and we've been running<00:10:37.400> it<00:10:37.610> for<00:10:37.720> about<00:10:38.720> fourteen<00:10:39.710> days<00:10:40.750> I'd 00:10:41.740 --> 00:10:41.750 align:start position:0% running it for about fourteen days I'd 00:10:41.750 --> 00:10:42.910 align:start position:0% running it for about fourteen days I'd like<00:10:41.870> to<00:10:41.959> invite<00:10:42.200> everyone<00:10:42.530> here<00:10:42.740> to 00:10:42.910 --> 00:10:42.920 align:start position:0% like to invite everyone here to 00:10:42.920 --> 00:10:44.110 align:start position:0% like to invite everyone here to participate<00:10:43.010> in<00:10:43.430> the<00:10:43.520> trust<00:10:43.700> and<00:10:43.820> set<00:10:43.910> up<00:10:44.000> at 00:10:44.110 --> 00:10:44.120 align:start position:0% participate in the trust and set up at 00:10:44.120 --> 00:10:47.110 align:start position:0% participate in the trust and set up at they<00:10:44.209> have<00:10:44.300> time<00:10:45.400> so<00:10:46.400> we're<00:10:46.850> currently 00:10:47.110 --> 00:10:47.120 align:start position:0% they have time so we're currently 00:10:47.120 --> 00:10:49.060 align:start position:0% they have time so we're currently running<00:10:47.420> phase<00:10:47.600> one<00:10:47.839> and<00:10:48.080> we'll<00:10:48.440> we<00:10:48.770> can<00:10:48.800> run 00:10:49.060 --> 00:10:49.070 align:start position:0% running phase one and we'll we can run 00:10:49.070 --> 00:10:50.590 align:start position:0% running phase one and we'll we can run phase<00:10:49.250> two<00:10:49.550> which<00:10:49.820> is<00:10:49.850> circuit<00:10:50.180> specific 00:10:50.590 --> 00:10:50.600 align:start position:0% phase two which is circuit specific 00:10:50.600 --> 00:10:53.079 align:start position:0% phase two which is circuit specific later<00:10:51.430> but<00:10:52.430> it's<00:10:52.550> important<00:10:52.940> to<00:10:52.970> remember 00:10:53.079 --> 00:10:53.089 align:start position:0% later but it's important to remember 00:10:53.089 --> 00:10:55.630 align:start position:0% later but it's important to remember that<00:10:53.420> both<00:10:53.660> need<00:10:54.020> to<00:10:54.230> be<00:10:54.260> to<00:10:54.920> contain<00:10:55.339> a<00:10:55.370> single 00:10:55.630 --> 00:10:55.640 align:start position:0% that both need to be to contain a single 00:10:55.640 --> 00:10:58.180 align:start position:0% that both need to be to contain a single honest<00:10:56.060> participant<00:10:56.630> in<00:10:56.750> order<00:10:57.080> for<00:10:57.320> the<00:10:57.500> for 00:10:58.180 --> 00:10:58.190 align:start position:0% honest participant in order for the for 00:10:58.190 --> 00:11:01.300 align:start position:0% honest participant in order for the for the<00:10:58.250> resultant<00:10:58.790> circuits<00:10:59.180> to<00:10:59.330> be<00:10:59.420> secure<00:11:00.310> so 00:11:01.300 --> 00:11:01.310 align:start position:0% the resultant circuits to be secure so 00:11:01.310 --> 00:11:03.250 align:start position:0% the resultant circuits to be secure so here's<00:11:01.730> some<00:11:01.970> links<00:11:02.209> about<00:11:02.420> how<00:11:02.660> you<00:11:02.720> can<00:11:02.959> how 00:11:03.250 --> 00:11:03.260 align:start position:0% here's some links about how you can how 00:11:03.260 --> 00:11:04.810 align:start position:0% here's some links about how you can how you<00:11:03.290> can<00:11:03.500> join<00:11:03.680> the<00:11:03.890> trusted<00:11:04.160> set<00:11:04.279> up<00:11:04.400> you<00:11:04.670> can 00:11:04.810 --> 00:11:04.820 align:start position:0% you can join the trusted set up you can 00:11:04.820 --> 00:11:06.460 align:start position:0% you can join the trusted set up you can join<00:11:04.970> this<00:11:05.029> email<00:11:05.330> group<00:11:05.540> and<00:11:05.750> share<00:11:06.230> your 00:11:06.460 --> 00:11:06.470 align:start position:0% join this email group and share your 00:11:06.470 --> 00:11:10.880 align:start position:0% join this email group and share your your<00:11:07.220> desire<00:11:07.610> to<00:11:07.850> participate 00:11:10.880 --> 00:11:10.890 align:start position:0% 00:11:10.890 --> 00:11:12.260 align:start position:0% yeah<00:11:11.310> and<00:11:11.430> the<00:11:11.490> second<00:11:11.730> thing<00:11:11.820> we<00:11:11.910> can<00:11:12.060> do<00:11:12.150> is 00:11:12.260 --> 00:11:12.270 align:start position:0% yeah and the second thing we can do is 00:11:12.270 --> 00:11:15.020 align:start position:0% yeah and the second thing we can do is we<00:11:12.390> can<00:11:12.510> audit<00:11:12.720> audit<00:11:13.080> the<00:11:13.350> mixes<00:11:13.650> so<00:11:14.040> micro 00:11:15.020 --> 00:11:15.030 align:start position:0% we can audit audit the mixes so micro 00:11:15.030 --> 00:11:16.760 align:start position:0% we can audit audit the mixes so micro mixes<00:11:15.360> of<00:11:15.600> being<00:11:15.810> audited<00:11:15.960> at<00:11:16.200> the<00:11:16.290> moment<00:11:16.620> by 00:11:16.760 --> 00:11:16.770 align:start position:0% mixes of being audited at the moment by 00:11:16.770 --> 00:11:18.730 align:start position:0% mixes of being audited at the moment by a<00:11:17.010> BDK<00:11:17.460> consulting 00:11:18.730 --> 00:11:18.740 align:start position:0% a BDK consulting 00:11:18.740 --> 00:11:21.970 align:start position:0% a BDK consulting this<00:11:19.740> is<00:11:19.980> including<00:11:20.670> an<00:11:20.760> audit<00:11:21.000> of<00:11:21.060> circum<00:11:21.420> Lib 00:11:21.970 --> 00:11:21.980 align:start position:0% this is including an audit of circum Lib 00:11:21.980 --> 00:11:24.350 align:start position:0% this is including an audit of circum Lib which<00:11:22.980> will<00:11:23.100> also<00:11:23.370> help<00:11:23.490> the<00:11:23.760> some<00:11:24.270> other 00:11:24.350 --> 00:11:24.360 align:start position:0% which will also help the some other 00:11:24.360 --> 00:11:27.050 align:start position:0% which will also help the some other mixes<00:11:24.720> definitely<00:11:25.470> tornado<00:11:25.830> cache<00:11:26.040> that<00:11:26.820> use 00:11:27.050 --> 00:11:27.060 align:start position:0% mixes definitely tornado cache that use 00:11:27.060 --> 00:11:29.060 align:start position:0% mixes definitely tornado cache that use a<00:11:27.090> bunch<00:11:27.390> of<00:11:27.480> components<00:11:27.810> from<00:11:28.140> from<00:11:28.770> circum 00:11:29.060 --> 00:11:29.070 align:start position:0% a bunch of components from from circum 00:11:29.070 --> 00:11:31.730 align:start position:0% a bunch of components from from circum live<00:11:29.250> in<00:11:29.340> their<00:11:29.460> mixer<00:11:29.900> so<00:11:30.900> but<00:11:31.170> we<00:11:31.380> still<00:11:31.560> need 00:11:31.730 --> 00:11:31.740 align:start position:0% live in their mixer so but we still need 00:11:31.740 --> 00:11:33.680 align:start position:0% live in their mixer so but we still need to<00:11:31.830> all<00:11:31.950> it<00:11:32.160> the<00:11:32.340> the<00:11:32.730> circum<00:11:33.060> compiler<00:11:33.420> and 00:11:33.680 --> 00:11:33.690 align:start position:0% to all it the the circum compiler and 00:11:33.690 --> 00:11:36.140 align:start position:0% to all it the the circum compiler and the<00:11:33.750> the<00:11:34.650> code<00:11:34.890> for<00:11:35.130> the<00:11:35.220> NPC<00:11:35.610> trusted<00:11:35.940> set<00:11:36.060> up 00:11:36.140 --> 00:11:36.150 align:start position:0% the the code for the NPC trusted set up 00:11:36.150 --> 00:11:38.510 align:start position:0% the the code for the NPC trusted set up and<00:11:36.570> both<00:11:37.260> of<00:11:37.290> these<00:11:37.470> needs<00:11:37.710> to<00:11:37.800> be<00:11:37.950> audited 00:11:38.510 --> 00:11:38.520 align:start position:0% and both of these needs to be audited 00:11:38.520 --> 00:11:40.640 align:start position:0% and both of these needs to be audited before<00:11:38.940> we<00:11:39.090> can<00:11:39.240> say<00:11:39.450> to<00:11:39.510> be<00:11:39.720> really<00:11:40.260> confident 00:11:40.640 --> 00:11:40.650 align:start position:0% before we can say to be really confident 00:11:40.650 --> 00:11:45.470 align:start position:0% before we can say to be really confident about<00:11:40.800> the<00:11:41.550> security<00:11:41.790> of<00:11:41.880> our<00:11:41.970> mixer<00:11:44.270> also<00:11:45.270> we 00:11:45.470 --> 00:11:45.480 align:start position:0% about the security of our mixer also we 00:11:45.480 --> 00:11:47.120 align:start position:0% about the security of our mixer also we still<00:11:45.660> use<00:11:45.870> some<00:11:46.050> experimental<00:11:46.350> components 00:11:47.120 --> 00:11:47.130 align:start position:0% still use some experimental components 00:11:47.130 --> 00:11:49.160 align:start position:0% still use some experimental components for<00:11:47.250> example<00:11:47.340> the<00:11:47.610> hash<00:11:47.760> function<00:11:47.970> is<00:11:48.360> Mimzy 00:11:49.160 --> 00:11:49.170 align:start position:0% for example the hash function is Mimzy 00:11:49.170 --> 00:11:51.350 align:start position:0% for example the hash function is Mimzy and<00:11:49.440> as<00:11:50.280> far<00:11:50.430> as<00:11:50.520> I<00:11:50.580> know<00:11:50.640> that's<00:11:50.940> never<00:11:51.180> been 00:11:51.350 --> 00:11:51.360 align:start position:0% and as far as I know that's never been 00:11:51.360 --> 00:11:55.700 align:start position:0% and as far as I know that's never been deployed<00:11:51.600> before<00:11:53.810> so<00:11:54.810> but<00:11:55.020> I'd<00:11:55.110> like<00:11:55.260> to<00:11:55.320> thank 00:11:55.700 --> 00:11:55.710 align:start position:0% deployed before so but I'd like to thank 00:11:55.710 --> 00:11:57.560 align:start position:0% deployed before so but I'd like to thank people<00:11:56.580> with<00:11:56.670> already<00:11:56.850> network<00:11:57.180> and<00:11:57.390> either 00:11:57.560 --> 00:11:57.570 align:start position:0% people with already network and either 00:11:57.570 --> 00:11:59.300 align:start position:0% people with already network and either in<00:11:57.720> foundation<00:11:58.080> for<00:11:58.230> funding<00:11:58.590> the<00:11:58.860> audit<00:11:59.190> of 00:11:59.300 --> 00:11:59.310 align:start position:0% in foundation for funding the audit of 00:11:59.310 --> 00:12:02.990 align:start position:0% in foundation for funding the audit of the<00:11:59.460> mixer<00:11:59.880> and<00:12:00.290> circum<00:12:01.290> Lib<00:12:01.440> components<00:12:02.100> yeah 00:12:02.990 --> 00:12:03.000 align:start position:0% the mixer and circum Lib components yeah 00:12:03.000 --> 00:12:05.540 align:start position:0% the mixer and circum Lib components yeah and<00:12:03.240> in<00:12:04.080> order<00:12:04.290> to<00:12:04.410> increase<00:12:04.680> our<00:12:04.890> confidence 00:12:05.540 --> 00:12:05.550 align:start position:0% and in order to increase our confidence 00:12:05.550 --> 00:12:08.900 align:start position:0% and in order to increase our confidence about<00:12:05.760> the<00:12:06.200> security<00:12:07.200> of<00:12:07.350> the<00:12:07.680> hash<00:12:08.550> functions 00:12:08.900 --> 00:12:08.910 align:start position:0% about the security of the hash functions 00:12:08.910 --> 00:12:11.330 align:start position:0% about the security of the hash functions we're<00:12:09.060> also<00:12:09.180> announcing<00:12:09.510> a<00:12:10.160> bounty<00:12:11.160> for 00:12:11.330 --> 00:12:11.340 align:start position:0% we're also announcing a bounty for 00:12:11.340 --> 00:12:13.580 align:start position:0% we're also announcing a bounty for collisions<00:12:11.850> of<00:12:12.090> the<00:12:12.690> main<00:12:12.870> C<00:12:13.020> hash<00:12:13.170> function 00:12:13.580 --> 00:12:13.590 align:start position:0% collisions of the main C hash function 00:12:13.590 --> 00:12:16.310 align:start position:0% collisions of the main C hash function yeah<00:12:14.310> so<00:12:14.610> there's<00:12:14.820> there's<00:12:15.300> two<00:12:15.360> rounds<00:12:16.050> or 00:12:16.310 --> 00:12:16.320 align:start position:0% yeah so there's there's two rounds or 00:12:16.320 --> 00:12:18.260 align:start position:0% yeah so there's there's two rounds or there's<00:12:16.530> two<00:12:16.710> difficulties<00:12:17.280> 80-bit<00:12:17.760> security 00:12:18.260 --> 00:12:18.270 align:start position:0% there's two difficulties 80-bit security 00:12:18.270 --> 00:12:20.540 align:start position:0% there's two difficulties 80-bit security if<00:12:18.360> you<00:12:18.450> find<00:12:18.630> a<00:12:18.660> collision<00:12:18.900> you<00:12:19.080> get<00:12:19.410> 100<00:12:20.400> or 00:12:20.540 --> 00:12:20.550 align:start position:0% if you find a collision you get 100 or 00:12:20.550 --> 00:12:23.870 align:start position:0% if you find a collision you get 100 or 10,000<00:12:21.180> u.s.<00:12:21.600> dollars<00:12:21.870> and<00:12:22.250> if<00:12:23.250> you<00:12:23.460> if<00:12:23.730> you 00:12:23.870 --> 00:12:23.880 align:start position:0% 10,000 u.s. dollars and if you if you 00:12:23.880 --> 00:12:26.210 align:start position:0% 10,000 u.s. dollars and if you if you break<00:12:24.210> the<00:12:24.330> 128-bit<00:12:25.110> security<00:12:25.560> you<00:12:26.040> get 00:12:26.210 --> 00:12:26.220 align:start position:0% break the 128-bit security you get 00:12:26.220 --> 00:12:31.010 align:start position:0% break the 128-bit security you get 20,000<00:12:26.850> US<00:12:27.030> dollars<00:12:27.330> so<00:12:27.710> you<00:12:28.710> can<00:12:28.920> make<00:12:30.020> you 00:12:31.010 --> 00:12:31.020 align:start position:0% 20,000 US dollars so you can make you 00:12:31.020 --> 00:12:34.550 align:start position:0% 20,000 US dollars so you can make you can<00:12:31.340> so<00:12:32.340> here's<00:12:32.550> the<00:12:32.670> link<00:12:32.850> to<00:12:33.320> with<00:12:34.320> more 00:12:34.550 --> 00:12:34.560 align:start position:0% can so here's the link to with more 00:12:34.560 --> 00:12:37.040 align:start position:0% can so here's the link to with more information<00:12:34.770> about<00:12:35.300> about<00:12:36.300> the<00:12:36.390> bounty<00:12:36.690> and 00:12:37.040 --> 00:12:37.050 align:start position:0% information about about the bounty and 00:12:37.050 --> 00:12:38.870 align:start position:0% information about about the bounty and I'd<00:12:37.620> like<00:12:37.740> to<00:12:37.800> thank<00:12:38.400> the<00:12:38.580> etherion 00:12:38.870 --> 00:12:38.880 align:start position:0% I'd like to thank the etherion 00:12:38.880 --> 00:12:40.520 align:start position:0% I'd like to thank the etherion Foundation<00:12:39.240> and<00:12:39.780> oil<00:12:40.020> coin<00:12:40.230> for 00:12:40.520 --> 00:12:40.530 align:start position:0% Foundation and oil coin for 00:12:40.530 --> 00:12:42.740 align:start position:0% Foundation and oil coin for contributing<00:12:41.340> to<00:12:41.520> the<00:12:41.610> bounty<00:12:41.940> on<00:12:41.970> these<00:12:42.240> hash 00:12:42.740 --> 00:12:42.750 align:start position:0% contributing to the bounty on these hash 00:12:42.750 --> 00:12:46.490 align:start position:0% contributing to the bounty on these hash functions<00:12:43.220> so<00:12:44.220> please<00:12:44.600> attack<00:12:45.600> it<00:12:45.750> if<00:12:45.870> you<00:12:46.020> if 00:12:46.490 --> 00:12:46.500 align:start position:0% functions so please attack it if you if 00:12:46.500 --> 00:12:47.000 align:start position:0% functions so please attack it if you if you<00:12:46.620> like 00:12:47.000 --> 00:12:47.010 align:start position:0% you like 00:12:47.010 --> 00:12:53.090 align:start position:0% you like okay<00:12:51.200> so<00:12:52.200> there's<00:12:52.410> also<00:12:52.530> been<00:12:52.740> a<00:12:52.800> bunch<00:12:53.010> of 00:12:53.090 --> 00:12:53.100 align:start position:0% okay so there's also been a bunch of 00:12:53.100 --> 00:12:55.900 align:start position:0% okay so there's also been a bunch of ideas<00:12:53.280> that<00:12:53.610> people<00:12:53.700> have<00:12:53.910> proposed<00:12:54.240> for 00:12:55.900 --> 00:12:55.910 align:start position:0% ideas that people have proposed for 00:12:55.910 --> 00:12:59.960 align:start position:0% ideas that people have proposed for including<00:12:56.910> for<00:12:58.490> increasing<00:12:59.490> the<00:12:59.580> size<00:12:59.730> of<00:12:59.910> the 00:12:59.960 --> 00:12:59.970 align:start position:0% including for increasing the size of the 00:12:59.970 --> 00:13:03.020 align:start position:0% including for increasing the size of the anonymity<00:13:00.300> set<00:13:00.630> and<00:13:01.370> some<00:13:02.370> of<00:13:02.490> these<00:13:02.550> and 00:13:03.020 --> 00:13:03.030 align:start position:0% anonymity set and some of these and 00:13:03.030 --> 00:13:04.760 align:start position:0% anonymity set and some of these and here's<00:13:03.450> some<00:13:03.630> of<00:13:03.720> these<00:13:03.810> ideas<00:13:04.260> that<00:13:04.380> I<00:13:04.440> think 00:13:04.760 --> 00:13:04.770 align:start position:0% here's some of these ideas that I think 00:13:04.770 --> 00:13:07.100 align:start position:0% here's some of these ideas that I think won't<00:13:05.040> work<00:13:05.250> for<00:13:06.000> example<00:13:06.150> there's<00:13:06.810> this<00:13:06.930> idea 00:13:07.100 --> 00:13:07.110 align:start position:0% won't work for example there's this idea 00:13:07.110 --> 00:13:10.670 align:start position:0% won't work for example there's this idea of<00:13:07.470> having<00:13:07.650> an<00:13:08.070> interest<00:13:08.490> rate<00:13:09.020> or<00:13:10.020> paying 00:13:10.670 --> 00:13:10.680 align:start position:0% of having an interest rate or paying 00:13:10.680 --> 00:13:13.430 align:start position:0% of having an interest rate or paying people<00:13:11.460> to<00:13:11.670> deposit<00:13:12.030> into<00:13:12.300> the<00:13:12.510> mixer<00:13:12.840> so<00:13:13.200> the 00:13:13.430 --> 00:13:13.440 align:start position:0% people to deposit into the mixer so the 00:13:13.440 --> 00:13:15.170 align:start position:0% people to deposit into the mixer so the idea<00:13:13.680> here<00:13:13.740> is<00:13:13.950> that<00:13:14.220> we<00:13:14.490> have<00:13:14.640> a<00:13:14.670> mixer<00:13:15.030> that 00:13:15.170 --> 00:13:15.180 align:start position:0% idea here is that we have a mixer that 00:13:15.180 --> 00:13:17.030 align:start position:0% idea here is that we have a mixer that has<00:13:15.300> some<00:13:15.480> money<00:13:15.660> in<00:13:15.780> it<00:13:15.870> and<00:13:16.050> whenever 00:13:17.030 --> 00:13:17.040 align:start position:0% has some money in it and whenever 00:13:17.040 --> 00:13:18.170 align:start position:0% has some money in it and whenever someone<00:13:17.310> deposits<00:13:17.730> their<00:13:17.820> money<00:13:18.000> we 00:13:18.170 --> 00:13:18.180 align:start position:0% someone deposits their money we 00:13:18.180 --> 00:13:20.960 align:start position:0% someone deposits their money we deposited<00:13:18.930> in<00:13:19.110> the<00:13:19.200> compound<00:13:19.670> where<00:13:20.670> we<00:13:20.760> earn 00:13:20.960 --> 00:13:20.970 align:start position:0% deposited in the compound where we earn 00:13:20.970 --> 00:13:22.820 align:start position:0% deposited in the compound where we earn interest<00:13:21.300> and<00:13:21.780> then<00:13:22.050> we<00:13:22.080> take<00:13:22.290> that<00:13:22.350> interest 00:13:22.820 --> 00:13:22.830 align:start position:0% interest and then we take that interest 00:13:22.830 --> 00:13:23.660 align:start position:0% interest and then we take that interest and<00:13:23.070> we<00:13:23.190> used 00:13:23.660 --> 00:13:23.670 align:start position:0% and we used 00:13:23.670 --> 00:13:25.760 align:start position:0% and we used to<00:13:24.150> pay<00:13:24.390> other<00:13:24.630> people<00:13:25.020> to<00:13:25.260> put<00:13:25.500> their<00:13:25.650> money 00:13:25.760 --> 00:13:25.770 align:start position:0% to pay other people to put their money 00:13:25.770 --> 00:13:27.410 align:start position:0% to pay other people to put their money into<00:13:26.010> the<00:13:26.190> mixer<00:13:26.460> yeah<00:13:26.970> so<00:13:27.120> it's<00:13:27.270> like<00:13:27.390> a 00:13:27.410 --> 00:13:27.420 align:start position:0% into the mixer yeah so it's like a 00:13:27.420 --> 00:13:29.990 align:start position:0% into the mixer yeah so it's like a reward<00:13:27.650> to<00:13:28.650> increase<00:13:29.310> the<00:13:29.520> size<00:13:29.670> with<00:13:29.910> the 00:13:29.990 --> 00:13:30.000 align:start position:0% reward to increase the size with the 00:13:30.000 --> 00:13:32.630 align:start position:0% reward to increase the size with the privacy<00:13:30.360> pool<00:13:30.800> so<00:13:31.800> this<00:13:32.220> seems<00:13:32.430> like<00:13:32.490> an 00:13:32.630 --> 00:13:32.640 align:start position:0% privacy pool so this seems like an 00:13:32.640 --> 00:13:35.120 align:start position:0% privacy pool so this seems like an interesting<00:13:32.760> idea<00:13:33.030> but<00:13:33.690> it<00:13:34.200> it's<00:13:34.680> been<00:13:34.920> tried 00:13:35.120 --> 00:13:35.130 align:start position:0% interesting idea but it it's been tried 00:13:35.130 --> 00:13:37.520 align:start position:0% interesting idea but it it's been tried before<00:13:35.250> so<00:13:36.120> Z<00:13:36.600> cash<00:13:36.810> had<00:13:36.990> a<00:13:37.020> similar<00:13:37.290> idea 00:13:37.520 --> 00:13:37.530 align:start position:0% before so Z cash had a similar idea 00:13:37.530 --> 00:13:39.740 align:start position:0% before so Z cash had a similar idea where<00:13:38.250> they<00:13:38.400> would<00:13:38.640> reward<00:13:39.060> their<00:13:39.450> they<00:13:39.630> would 00:13:39.740 --> 00:13:39.750 align:start position:0% where they would reward their they would 00:13:39.750 --> 00:13:41.810 align:start position:0% where they would reward their they would force<00:13:40.050> their<00:13:40.260> minors<00:13:40.680> to<00:13:41.040> deposit<00:13:41.550> their 00:13:41.810 --> 00:13:41.820 align:start position:0% force their minors to deposit their 00:13:41.820 --> 00:13:44.390 align:start position:0% force their minors to deposit their rewards<00:13:42.180> into<00:13:42.390> the<00:13:42.480> privacy<00:13:42.780> pool<00:13:43.050> and<00:13:43.470> it 00:13:44.390 --> 00:13:44.400 align:start position:0% rewards into the privacy pool and it 00:13:44.400 --> 00:13:46.220 align:start position:0% rewards into the privacy pool and it turns<00:13:44.880> out<00:13:45.030> that<00:13:45.150> this<00:13:45.300> doesn't<00:13:45.720> really<00:13:45.990> work 00:13:46.220 --> 00:13:46.230 align:start position:0% turns out that this doesn't really work 00:13:46.230 --> 00:13:48.710 align:start position:0% turns out that this doesn't really work because<00:13:46.590> the<00:13:46.950> minor<00:13:47.160> is<00:13:47.430> are<00:13:47.940> only<00:13:48.300> interested 00:13:48.710 --> 00:13:48.720 align:start position:0% because the minor is are only interested 00:13:48.720 --> 00:13:49.970 align:start position:0% because the minor is are only interested in<00:13:48.780> money<00:13:48.930> Z<00:13:49.200> cash<00:13:49.410> they're<00:13:49.710> not<00:13:49.860> not 00:13:49.970 --> 00:13:49.980 align:start position:0% in money Z cash they're not not 00:13:49.980 --> 00:13:51.650 align:start position:0% in money Z cash they're not not interested<00:13:50.460> in<00:13:50.580> maintaining<00:13:50.970> the<00:13:51.210> privacy<00:13:51.360> of 00:13:51.650 --> 00:13:51.660 align:start position:0% interested in maintaining the privacy of 00:13:51.660 --> 00:13:52.940 align:start position:0% interested in maintaining the privacy of their<00:13:51.810> coins<00:13:52.110> that<00:13:52.320> they<00:13:52.440> mind 00:13:52.940 --> 00:13:52.950 align:start position:0% their coins that they mind 00:13:52.950 --> 00:13:55.340 align:start position:0% their coins that they mind so<00:13:53.130> whenever<00:13:53.640> a<00:13:53.790> minor<00:13:54.030> would<00:13:54.180> mine<00:13:54.420> coins 00:13:55.340 --> 00:13:55.350 align:start position:0% so whenever a minor would mine coins 00:13:55.350 --> 00:13:56.810 align:start position:0% so whenever a minor would mine coins into<00:13:55.500> the<00:13:55.590> fives<00:13:55.770> a<00:13:55.950> pool<00:13:56.130> they<00:13:56.550> would<00:13:56.700> always 00:13:56.810 --> 00:13:56.820 align:start position:0% into the fives a pool they would always 00:13:56.820 --> 00:13:59.480 align:start position:0% into the fives a pool they would always withdrawal<00:13:57.360> them<00:13:57.540> to<00:13:57.780> the<00:13:57.900> same<00:13:58.050> address<00:13:58.190> so<00:13:59.190> I 00:13:59.480 --> 00:13:59.490 align:start position:0% withdrawal them to the same address so I 00:13:59.490 --> 00:14:02.810 align:start position:0% withdrawal them to the same address so I don't<00:13:59.760> think<00:14:00.000> that<00:14:00.180> this<00:14:00.950> so<00:14:01.950> what<00:14:02.100> I<00:14:02.310> feel 00:14:02.810 --> 00:14:02.820 align:start position:0% don't think that this so what I feel 00:14:02.820 --> 00:14:05.240 align:start position:0% don't think that this so what I feel like<00:14:02.880> in<00:14:03.360> this<00:14:03.600> situation<00:14:04.170> these<00:14:04.830> two<00:14:05.040> cases 00:14:05.240 --> 00:14:05.250 align:start position:0% like in this situation these two cases 00:14:05.250 --> 00:14:06.740 align:start position:0% like in this situation these two cases are<00:14:05.490> quite<00:14:05.700> similar<00:14:05.940> and<00:14:06.330> we<00:14:06.510> should<00:14:06.660> be 00:14:06.740 --> 00:14:06.750 align:start position:0% are quite similar and we should be 00:14:06.750 --> 00:14:08.810 align:start position:0% are quite similar and we should be careful<00:14:07.080> about<00:14:07.200> doing<00:14:07.890> sort<00:14:08.250> of<00:14:08.310> experiments 00:14:08.810 --> 00:14:08.820 align:start position:0% careful about doing sort of experiments 00:14:08.820 --> 00:14:11.600 align:start position:0% careful about doing sort of experiments like<00:14:08.880> this<00:14:09.590> and<00:14:10.590> the<00:14:10.830> reason<00:14:10.920> for<00:14:11.220> this<00:14:11.310> the 00:14:11.600 --> 00:14:11.610 align:start position:0% like this and the reason for this the 00:14:11.610 --> 00:14:13.070 align:start position:0% like this and the reason for this the reason<00:14:11.700> why<00:14:11.940> I<00:14:12.060> think<00:14:12.240> this<00:14:12.510> won't<00:14:12.750> work<00:14:12.870> is 00:14:13.070 --> 00:14:13.080 align:start position:0% reason why I think this won't work is 00:14:13.080 --> 00:14:14.390 align:start position:0% reason why I think this won't work is that<00:14:13.260> the<00:14:13.350> incentives<00:14:13.740> here<00:14:13.800> are<00:14:14.010> misaligned 00:14:14.390 --> 00:14:14.400 align:start position:0% that the incentives here are misaligned 00:14:14.400 --> 00:14:17.450 align:start position:0% that the incentives here are misaligned that<00:14:15.240> the<00:14:15.810> users<00:14:16.770> want<00:14:16.950> to<00:14:17.010> use<00:14:17.100> a<00:14:17.160> privacy 00:14:17.450 --> 00:14:17.460 align:start position:0% that the users want to use a privacy 00:14:17.460 --> 00:14:20.750 align:start position:0% that the users want to use a privacy tool<00:14:17.640> to<00:14:17.790> get<00:14:17.910> privacy<00:14:18.870> but<00:14:19.710> the<00:14:20.010> depositor<00:14:20.640> is 00:14:20.750 --> 00:14:20.760 align:start position:0% tool to get privacy but the depositor is 00:14:20.760 --> 00:14:23.390 align:start position:0% tool to get privacy but the depositor is the<00:14:20.940> interest<00:14:21.480> or<00:14:21.750> the<00:14:21.840> reward<00:14:22.770> seekers<00:14:23.160> want 00:14:23.390 --> 00:14:23.400 align:start position:0% the interest or the reward seekers want 00:14:23.400 --> 00:14:24.950 align:start position:0% the interest or the reward seekers want to<00:14:23.460> do<00:14:23.550> it<00:14:23.640> to<00:14:23.730> make<00:14:23.880> them<00:14:24.060> want<00:14:24.390> to<00:14:24.540> deposit<00:14:24.720> to 00:14:24.950 --> 00:14:24.960 align:start position:0% to do it to make them want to deposit to 00:14:24.960 --> 00:14:28.100 align:start position:0% to do it to make them want to deposit to make<00:14:25.080> the<00:14:25.170> reward<00:14:25.550> but<00:14:26.550> the<00:14:26.760> depositors<00:14:27.720> don't 00:14:28.100 --> 00:14:28.110 align:start position:0% make the reward but the depositors don't 00:14:28.110 --> 00:14:29.630 align:start position:0% make the reward but the depositors don't have<00:14:28.290> any<00:14:28.410> interest<00:14:28.680> in<00:14:28.890> maintaining<00:14:29.070> privacy 00:14:29.630 --> 00:14:29.640 align:start position:0% have any interest in maintaining privacy 00:14:29.640 --> 00:14:33.080 align:start position:0% have any interest in maintaining privacy after<00:14:30.150> they<00:14:30.270> were<00:14:30.390> trough<00:14:30.600> and<00:14:31.700> and<00:14:32.700> for<00:14:32.970> that 00:14:33.080 --> 00:14:33.090 align:start position:0% after they were trough and and for that 00:14:33.090 --> 00:14:35.930 align:start position:0% after they were trough and and for that reason<00:14:33.360> I<00:14:33.450> don't<00:14:33.510> think<00:14:33.720> I'm<00:14:34.610> for<00:14:35.610> that<00:14:35.640> reason 00:14:35.930 --> 00:14:35.940 align:start position:0% reason I don't think I'm for that reason 00:14:35.940 --> 00:14:37.490 align:start position:0% reason I don't think I'm for that reason I<00:14:36.000> think<00:14:36.090> that's<00:14:36.330> pretty<00:14:36.600> likely<00:14:36.960> that<00:14:37.320> they 00:14:37.490 --> 00:14:37.500 align:start position:0% I think that's pretty likely that they 00:14:37.500 --> 00:14:39.590 align:start position:0% I think that's pretty likely that they will<00:14:38.160> maintain<00:14:38.430> their<00:14:38.700> privacy<00:14:39.030> after<00:14:39.480> they 00:14:39.590 --> 00:14:39.600 align:start position:0% will maintain their privacy after they 00:14:39.600 --> 00:14:41.540 align:start position:0% will maintain their privacy after they would<00:14:39.750> rob<00:14:39.900> because<00:14:40.500> they<00:14:40.800> have<00:14:40.980> this<00:14:41.070> capital 00:14:41.540 --> 00:14:41.550 align:start position:0% would rob because they have this capital 00:14:41.550 --> 00:14:43.340 align:start position:0% would rob because they have this capital that<00:14:41.700> they<00:14:41.790> want<00:14:42.030> to<00:14:42.090> invest<00:14:42.270> and<00:14:42.750> as<00:14:43.110> soon<00:14:43.290> as 00:14:43.340 --> 00:14:43.350 align:start position:0% that they want to invest and as soon as 00:14:43.350 --> 00:14:45.500 align:start position:0% that they want to invest and as soon as they<00:14:43.470> withdraw<00:14:43.770> what<00:14:43.890> they'll<00:14:44.040> want<00:14:44.400> to<00:14:44.580> put 00:14:45.500 --> 00:14:45.510 align:start position:0% they withdraw what they'll want to put 00:14:45.510 --> 00:14:47.330 align:start position:0% they withdraw what they'll want to put it<00:14:45.600> somewhere<00:14:45.720> else<00:14:46.050> to<00:14:46.290> make<00:14:46.320> some<00:14:46.590> more<00:14:46.740> to 00:14:47.330 --> 00:14:47.340 align:start position:0% it somewhere else to make some more to 00:14:47.340 --> 00:14:50.900 align:start position:0% it somewhere else to make some more to make<00:14:47.490> it<00:14:47.520> gains<00:14:47.970> more<00:14:48.150> interest<00:14:49.460> but<00:14:50.460> I'm<00:14:50.640> open 00:14:50.900 --> 00:14:50.910 align:start position:0% make it gains more interest but I'm open 00:14:50.910 --> 00:14:53.660 align:start position:0% make it gains more interest but I'm open to<00:14:51.030> changing<00:14:51.300> my<00:14:51.360> mind<00:14:51.570> about<00:14:51.690> this<00:14:52.130> if<00:14:53.130> we<00:14:53.430> see 00:14:53.660 --> 00:14:53.670 align:start position:0% to changing my mind about this if we see 00:14:53.670 --> 00:14:55.520 align:start position:0% to changing my mind about this if we see some<00:14:53.940> like<00:14:54.210> experimental<00:14:54.840> results<00:14:55.200> or<00:14:55.320> some 00:14:55.520 --> 00:14:55.530 align:start position:0% some like experimental results or some 00:14:55.530 --> 00:14:57.380 align:start position:0% some like experimental results or some use<00:14:56.040> case<00:14:56.250> where<00:14:56.460> it<00:14:56.940> works<00:14:57.090> a<00:14:57.180> little<00:14:57.240> bit 00:14:57.380 --> 00:14:57.390 align:start position:0% use case where it works a little bit 00:14:57.390 --> 00:15:01.070 align:start position:0% use case where it works a little bit better<00:14:58.760> so<00:14:59.760> also<00:15:00.510> not<00:15:00.690> to<00:15:00.780> talk<00:15:00.900> too<00:15:00.990> much 00:15:01.070 --> 00:15:01.080 align:start position:0% better so also not to talk too much 00:15:01.080 --> 00:15:03.410 align:start position:0% better so also not to talk too much about<00:15:01.140> mixers<00:15:01.730> as<00:15:02.730> like<00:15:02.970> are<00:15:03.120> currently 00:15:03.410 --> 00:15:03.420 align:start position:0% about mixers as like are currently 00:15:03.420 --> 00:15:05.030 align:start position:0% about mixers as like are currently working<00:15:03.600> on<00:15:03.900> confidential<00:15:04.590> transactions 00:15:05.030 --> 00:15:05.040 align:start position:0% working on confidential transactions 00:15:05.040 --> 00:15:06.740 align:start position:0% working on confidential transactions that<00:15:05.340> there's<00:15:05.790> I<00:15:06.120> mean<00:15:06.150> they're<00:15:06.330> trusted<00:15:06.630> set 00:15:06.740 --> 00:15:06.750 align:start position:0% that there's I mean they're trusted set 00:15:06.750 --> 00:15:11.630 align:start position:0% that there's I mean they're trusted set up<00:15:07.250> soon<00:15:08.750> and<00:15:10.010> here's<00:15:11.010> a<00:15:11.100> link<00:15:11.220> if<00:15:11.340> you<00:15:11.430> want<00:15:11.520> to 00:15:11.630 --> 00:15:11.640 align:start position:0% up soon and here's a link if you want to 00:15:11.640 --> 00:15:13.790 align:start position:0% up soon and here's a link if you want to participate<00:15:11.820> in<00:15:12.030> their<00:15:12.240> chosen<00:15:12.390> set<00:15:12.660> up<00:15:12.800> and 00:15:13.790 --> 00:15:13.800 align:start position:0% participate in their chosen set up and 00:15:13.800 --> 00:15:15.620 align:start position:0% participate in their chosen set up and their<00:15:13.950> roadmap<00:15:14.220> concludes<00:15:15.090> like<00:15:15.390> full 00:15:15.620 --> 00:15:15.630 align:start position:0% their roadmap concludes like full 00:15:15.630 --> 00:15:17.390 align:start position:0% their roadmap concludes like full privacy<00:15:16.110> as<00:15:16.260> opposed<00:15:16.530> to<00:15:16.620> just<00:15:16.920> confidential 00:15:17.390 --> 00:15:17.400 align:start position:0% privacy as opposed to just confidential 00:15:17.400 --> 00:15:19.760 align:start position:0% privacy as opposed to just confidential transactions<00:15:17.850> and<00:15:18.120> they're<00:15:19.020> also<00:15:19.170> talking<00:15:19.380> in 00:15:19.760 --> 00:15:19.770 align:start position:0% transactions and they're also talking in 00:15:19.770 --> 00:15:20.660 align:start position:0% transactions and they're also talking in the<00:15:19.890> future<00:15:20.100> they're<00:15:20.220> going<00:15:20.430> to<00:15:20.490> use<00:15:20.610> a 00:15:20.660 --> 00:15:20.670 align:start position:0% the future they're going to use a 00:15:20.670 --> 00:15:23.240 align:start position:0% the future they're going to use a universal<00:15:21.150> set<00:15:21.480> up<00:15:21.600> based<00:15:21.900> on<00:15:22.020> plunk<00:15:22.290> which<00:15:23.130> is 00:15:23.240 --> 00:15:23.250 align:start position:0% universal set up based on plunk which is 00:15:23.250 --> 00:15:26.030 align:start position:0% universal set up based on plunk which is pretty<00:15:23.430> interesting<00:15:23.700> and<00:15:24.740> maybe<00:15:25.740> that<00:15:25.950> will 00:15:26.030 --> 00:15:26.040 align:start position:0% pretty interesting and maybe that will 00:15:26.040 --> 00:15:27.830 align:start position:0% pretty interesting and maybe that will be<00:15:26.100> applicable<00:15:26.490> to<00:15:26.700> the<00:15:26.820> broader<00:15:27.060> privacy 00:15:27.830 --> 00:15:27.840 align:start position:0% be applicable to the broader privacy 00:15:27.840 --> 00:15:31.100 align:start position:0% be applicable to the broader privacy community<00:15:29.180> so<00:15:30.180> what<00:15:30.600> can<00:15:30.750> we<00:15:30.840> do<00:15:30.930> in<00:15:31.050> the 00:15:31.100 --> 00:15:31.110 align:start position:0% community so what can we do in the 00:15:31.110 --> 00:15:32.780 align:start position:0% community so what can we do in the future<00:15:31.230> it<00:15:31.800> seems<00:15:31.860> like<00:15:32.250> we<00:15:32.550> have<00:15:32.580> these 00:15:32.780 --> 00:15:32.790 align:start position:0% future it seems like we have these 00:15:32.790 --> 00:15:36.070 align:start position:0% future it seems like we have these mixers<00:15:33.090> that<00:15:33.360> are<00:15:33.570> like<00:15:34.380> very<00:15:34.760> functionally 00:15:36.070 --> 00:15:36.080 align:start position:0% mixers that are like very functionally 00:15:36.080 --> 00:15:37.760 align:start position:0% mixers that are like very functionally limited 00:15:37.760 --> 00:15:37.770 align:start position:0% limited 00:15:37.770 --> 00:15:40.460 align:start position:0% limited what<00:15:38.400> can<00:15:38.520> we<00:15:38.580> do<00:15:38.700> to<00:15:38.910> improve<00:15:39.120> that<00:15:39.300> so<00:15:39.780> so<00:15:40.290> one 00:15:40.460 --> 00:15:40.470 align:start position:0% what can we do to improve that so so one 00:15:40.470 --> 00:15:42.890 align:start position:0% what can we do to improve that so so one idea<00:15:40.590> is<00:15:41.100> that<00:15:41.850> we<00:15:42.120> should<00:15:42.270> add<00:15:42.360> more<00:15:42.420> tokens 00:15:42.890 --> 00:15:42.900 align:start position:0% idea is that we should add more tokens 00:15:42.900 --> 00:15:46.210 align:start position:0% idea is that we should add more tokens to<00:15:42.990> the<00:15:43.080> mixer<00:15:43.380> and<00:15:43.620> had<00:15:43.800> more<00:15:43.950> denominations 00:15:46.210 --> 00:15:46.220 align:start position:0% to the mixer and had more denominations 00:15:46.220 --> 00:15:49.910 align:start position:0% to the mixer and had more denominations but<00:15:47.220> I<00:15:47.280> kind<00:15:47.940> of<00:15:47.970> feel<00:15:48.120> like<00:15:48.150> the<00:15:49.140> mixers<00:15:49.770> at 00:15:49.910 --> 00:15:49.920 align:start position:0% but I kind of feel like the mixers at 00:15:49.920 --> 00:15:53.030 align:start position:0% but I kind of feel like the mixers at the<00:15:50.010> moment<00:15:51.230> are<00:15:52.230> not<00:15:52.410> really<00:15:52.590> fit<00:15:52.770> for<00:15:52.920> this 00:15:53.030 --> 00:15:53.040 align:start position:0% the moment are not really fit for this 00:15:53.040 --> 00:15:54.860 align:start position:0% the moment are not really fit for this purpose<00:15:53.430> because<00:15:53.970> the<00:15:54.060> privacy<00:15:54.420> said<00:15:54.600> is<00:15:54.720> so 00:15:54.860 --> 00:15:54.870 align:start position:0% purpose because the privacy said is so 00:15:54.870 --> 00:15:56.930 align:start position:0% purpose because the privacy said is so limited<00:15:55.350> that<00:15:55.890> if<00:15:56.580> you<00:15:56.670> have<00:15:56.790> people 00:15:56.930 --> 00:15:56.940 align:start position:0% limited that if you have people 00:15:56.940 --> 00:15:58.700 align:start position:0% limited that if you have people depositing<00:15:57.540> into<00:15:57.720> multiple<00:15:58.080> privacy<00:15:58.470> pools 00:15:58.700 --> 00:15:58.710 align:start position:0% depositing into multiple privacy pools 00:15:58.710 --> 00:16:00.230 align:start position:0% depositing into multiple privacy pools it's<00:15:59.250> very<00:15:59.400> difficult<00:15:59.700> to<00:15:59.850> tell<00:16:00.030> how<00:16:00.180> many 00:16:00.230 --> 00:16:00.240 align:start position:0% it's very difficult to tell how many 00:16:00.240 --> 00:16:02.300 align:start position:0% it's very difficult to tell how many people<00:16:00.390> deposit<00:16:01.290> it<00:16:01.380> and<00:16:01.530> what<00:16:01.680> true<00:16:01.830> oh<00:16:02.070> no 00:16:02.300 --> 00:16:02.310 align:start position:0% people deposit it and what true oh no 00:16:02.310 --> 00:16:03.530 align:start position:0% people deposit it and what true oh no it's<00:16:02.460> very<00:16:02.490> easy<00:16:02.790> to<00:16:02.910> tell<00:16:03.150> how<00:16:03.330> many<00:16:03.390> people 00:16:03.530 --> 00:16:03.540 align:start position:0% it's very easy to tell how many people 00:16:03.540 --> 00:16:06.530 align:start position:0% it's very easy to tell how many people deposit<00:16:04.170> never<00:16:04.410> true<00:16:04.620> and<00:16:05.120> you<00:16:06.120> need<00:16:06.300> to<00:16:06.390> have 00:16:06.530 --> 00:16:06.540 align:start position:0% deposit never true and you need to have 00:16:06.540 --> 00:16:09.110 align:start position:0% deposit never true and you need to have like<00:16:06.690> a<00:16:06.750> high<00:16:07.140> liquidity<00:16:07.470> in<00:16:07.980> order<00:16:08.250> to<00:16:08.460> in 00:16:09.110 --> 00:16:09.120 align:start position:0% like a high liquidity in order to in 00:16:09.120 --> 00:16:12.470 align:start position:0% like a high liquidity in order to in order<00:16:09.210> to<00:16:09.510> ensure<00:16:10.340> ensure<00:16:11.340> privacy<00:16:11.610> or<00:16:12.180> to 00:16:12.470 --> 00:16:12.480 align:start position:0% order to ensure ensure privacy or to 00:16:12.480 --> 00:16:15.460 align:start position:0% order to ensure ensure privacy or to give<00:16:12.690> people<00:16:12.900> good<00:16:13.200> privacy<00:16:13.650> guarantees<00:16:14.100> so 00:16:15.460 --> 00:16:15.470 align:start position:0% give people good privacy guarantees so 00:16:15.470 --> 00:16:17.840 align:start position:0% give people good privacy guarantees so instead<00:16:16.470> of<00:16:16.530> this<00:16:16.710> I<00:16:16.860> would<00:16:17.040> I<00:16:17.190> would<00:16:17.460> propose 00:16:17.840 --> 00:16:17.850 align:start position:0% instead of this I would I would propose 00:16:17.850 --> 00:16:20.690 align:start position:0% instead of this I would I would propose that<00:16:18.060> we<00:16:18.120> should<00:16:18.420> focus<00:16:18.720> on<00:16:19.130> making<00:16:20.130> general 00:16:20.690 --> 00:16:20.700 align:start position:0% that we should focus on making general 00:16:20.700 --> 00:16:23.630 align:start position:0% that we should focus on making general privacy<00:16:21.090> can<00:16:21.180> private<00:16:21.510> transactions<00:16:21.960> I<00:16:22.640> see 00:16:23.630 --> 00:16:23.640 align:start position:0% privacy can private transactions I see 00:16:23.640 --> 00:16:25.070 align:start position:0% privacy can private transactions I see that<00:16:23.760> mixer<00:16:23.970> sounds<00:16:24.210> like<00:16:24.300> a<00:16:24.330> pragmatic<00:16:24.750> first 00:16:25.070 --> 00:16:25.080 align:start position:0% that mixer sounds like a pragmatic first 00:16:25.080 --> 00:16:27.110 align:start position:0% that mixer sounds like a pragmatic first step<00:16:25.290> but<00:16:25.740> in<00:16:25.860> the<00:16:25.950> future<00:16:26.130> we<00:16:26.370> should<00:16:26.430> try<00:16:26.790> and 00:16:27.110 --> 00:16:27.120 align:start position:0% step but in the future we should try and 00:16:27.120 --> 00:16:30.320 align:start position:0% step but in the future we should try and make<00:16:27.450> a<00:16:27.480> privacy<00:16:27.900> pool<00:16:28.080> where<00:16:28.320> people<00:16:29.330> don't 00:16:30.320 --> 00:16:30.330 align:start position:0% make a privacy pool where people don't 00:16:30.330 --> 00:16:32.030 align:start position:0% make a privacy pool where people don't ever<00:16:30.570> withdraw<00:16:30.990> or<00:16:31.320> don't<00:16:31.620> withdraw<00:16:31.770> for<00:16:32.010> a 00:16:32.030 --> 00:16:32.040 align:start position:0% ever withdraw or don't withdraw for a 00:16:32.040 --> 00:16:41.690 align:start position:0% ever withdraw or don't withdraw for a long<00:16:32.250> time<00:16:32.720> so<00:16:33.720> in<00:16:33.840> order<00:16:33.960> to<00:16:34.080> do<00:16:34.290> that<00:16:40.520> yeah<00:16:41.520> so 00:16:41.690 --> 00:16:41.700 align:start position:0% long time so in order to do that yeah so 00:16:41.700 --> 00:16:43.040 align:start position:0% long time so in order to do that yeah so in<00:16:41.820> order<00:16:41.910> to<00:16:42.120> do<00:16:42.210> that<00:16:42.330> what<00:16:42.540> what<00:16:42.810> kind<00:16:42.990> of 00:16:43.040 --> 00:16:43.050 align:start position:0% in order to do that what what kind of 00:16:43.050 --> 00:16:46.600 align:start position:0% in order to do that what what kind of features<00:16:43.410> should<00:16:43.590> we<00:16:43.770> should<00:16:44.370> we<00:16:44.490> provide<00:16:44.790> so 00:16:46.600 --> 00:16:46.610 align:start position:0% features should we should we provide so 00:16:46.610 --> 00:16:51.290 align:start position:0% features should we should we provide so firstly<00:16:47.610> we<00:16:47.790> should<00:16:47.940> provide<00:16:49.970> private<00:16:50.970> atomic 00:16:51.290 --> 00:16:51.300 align:start position:0% firstly we should provide private atomic 00:16:51.300 --> 00:16:53.120 align:start position:0% firstly we should provide private atomic swaps<00:16:51.540> I<00:16:51.780> think<00:16:52.080> that<00:16:52.200> this<00:16:52.290> this<00:16:52.680> makes<00:16:52.920> a<00:16:53.010> lot 00:16:53.120 --> 00:16:53.130 align:start position:0% swaps I think that this this makes a lot 00:16:53.130 --> 00:16:55.760 align:start position:0% swaps I think that this this makes a lot of<00:16:53.160> sense<00:16:53.490> on<00:16:53.730> aetherium<00:16:54.240> because<00:16:54.870> there's 00:16:55.760 --> 00:16:55.770 align:start position:0% of sense on aetherium because there's 00:16:55.770 --> 00:16:59.270 align:start position:0% of sense on aetherium because there's multiple<00:16:56.010> tokens<00:16:56.430> and<00:16:57.060> unless<00:16:57.600> we<00:16:57.780> allow<00:16:58.740> a 00:16:59.270 --> 00:16:59.280 align:start position:0% multiple tokens and unless we allow a 00:16:59.280 --> 00:17:01.970 align:start position:0% multiple tokens and unless we allow a way<00:16:59.520> to<00:16:59.580> transfer<00:17:00.300> Tran<00:17:00.690> to<00:17:01.230> convert<00:17:01.800> between 00:17:01.970 --> 00:17:01.980 align:start position:0% way to transfer Tran to convert between 00:17:01.980 --> 00:17:03.590 align:start position:0% way to transfer Tran to convert between different<00:17:02.490> tokens<00:17:02.610> inside<00:17:03.090> the<00:17:03.180> private<00:17:03.330> pool 00:17:03.590 --> 00:17:03.600 align:start position:0% different tokens inside the private pool 00:17:03.600 --> 00:17:06.319 align:start position:0% different tokens inside the private pool then<00:17:04.500> there<00:17:04.920> is<00:17:05.459> no<00:17:05.610> way<00:17:05.760> to<00:17:05.820> join<00:17:06.120> these 00:17:06.319 --> 00:17:06.329 align:start position:0% then there is no way to join these 00:17:06.329 --> 00:17:08.300 align:start position:0% then there is no way to join these anonymity<00:17:06.780> sets<00:17:07.079> together<00:17:07.260> so<00:17:07.829> if<00:17:07.980> we<00:17:08.130> have 00:17:08.300 --> 00:17:08.310 align:start position:0% anonymity sets together so if we have 00:17:08.310 --> 00:17:10.069 align:start position:0% anonymity sets together so if we have this<00:17:08.430> kind<00:17:08.699> of<00:17:08.820> atomic<00:17:09.089> swaps<00:17:09.449> inside<00:17:10.020> the 00:17:10.069 --> 00:17:10.079 align:start position:0% this kind of atomic swaps inside the 00:17:10.079 --> 00:17:11.960 align:start position:0% this kind of atomic swaps inside the mixer<00:17:10.320> we'll<00:17:10.500> be<00:17:10.620> able<00:17:10.709> to<00:17:10.860> kind<00:17:11.640> of<00:17:11.699> trade 00:17:11.960 --> 00:17:11.970 align:start position:0% mixer we'll be able to kind of trade 00:17:11.970 --> 00:17:15.980 align:start position:0% mixer we'll be able to kind of trade between<00:17:12.380> multiple<00:17:13.380> different<00:17:13.589> tokens<00:17:14.990> so 00:17:15.980 --> 00:17:15.990 align:start position:0% between multiple different tokens so 00:17:15.990 --> 00:17:17.930 align:start position:0% between multiple different tokens so this<00:17:16.320> work<00:17:16.589> has<00:17:16.740> already<00:17:16.890> been<00:17:17.160> started<00:17:17.400> some 00:17:17.930 --> 00:17:17.940 align:start position:0% this work has already been started some 00:17:17.940 --> 00:17:19.430 align:start position:0% this work has already been started some people<00:17:18.180> are<00:17:18.270> working<00:17:18.420> on<00:17:18.660> this<00:17:18.810> it's<00:17:19.170> largely 00:17:19.430 --> 00:17:19.440 align:start position:0% people are working on this it's largely 00:17:19.440 --> 00:17:20.810 align:start position:0% people are working on this it's largely in<00:17:19.560> the<00:17:19.620> prototyping<00:17:20.010> phase<00:17:20.130> except<00:17:20.640> for 00:17:20.810 --> 00:17:20.820 align:start position:0% in the prototyping phase except for 00:17:20.820 --> 00:17:23.870 align:start position:0% in the prototyping phase except for aetherium<00:17:21.240> 9<00:17:21.420> and<00:17:21.570> 3/4<00:17:22.020> which<00:17:22.290> has<00:17:22.850> which<00:17:23.850> is 00:17:23.870 --> 00:17:23.880 align:start position:0% aetherium 9 and 3/4 which has which is 00:17:23.880 --> 00:17:26.360 align:start position:0% aetherium 9 and 3/4 which has which is well<00:17:24.810> it's<00:17:25.170> a<00:17:25.230> 9<00:17:25.410> and<00:17:25.530> 3/4<00:17:25.920> is<00:17:26.040> a<00:17:26.070> little<00:17:26.280> bit 00:17:26.360 --> 00:17:26.370 align:start position:0% well it's a 9 and 3/4 is a little bit 00:17:26.370 --> 00:17:28.160 align:start position:0% well it's a 9 and 3/4 is a little bit different<00:17:26.670> than<00:17:26.820> what<00:17:26.940> I<00:17:27.000> was<00:17:27.120> proposing<00:17:27.390> at 00:17:28.160 --> 00:17:28.170 align:start position:0% different than what I was proposing at 00:17:28.170 --> 00:17:29.630 align:start position:0% different than what I was proposing at the<00:17:28.260> first<00:17:28.440> two<00:17:28.560> the<00:17:28.920> first<00:17:29.040> two<00:17:29.160> things<00:17:29.430> are 00:17:29.630 --> 00:17:29.640 align:start position:0% the first two the first two things are 00:17:29.640 --> 00:17:31.640 align:start position:0% the first two the first two things are proposal<00:17:30.480> for<00:17:30.630> this<00:17:30.690> and<00:17:30.900> I<00:17:30.960> know<00:17:30.990> that<00:17:31.170> 0<00:17:31.380> pool 00:17:31.640 --> 00:17:31.650 align:start position:0% proposal for this and I know that 0 pool 00:17:31.650 --> 00:17:35.470 align:start position:0% proposal for this and I know that 0 pool is<00:17:32.280> it<00:17:32.850> is<00:17:33.030> is<00:17:33.660> actively<00:17:34.110> working<00:17:34.380> on<00:17:34.590> this 00:17:35.470 --> 00:17:35.480 align:start position:0% is it is is actively working on this 00:17:35.480 --> 00:17:38.750 align:start position:0% is it is is actively working on this yeah<00:17:36.510> and<00:17:36.660> 93<00:17:37.380> theorem<00:17:37.920> 9<00:17:38.040> supporters<00:17:38.430> is 00:17:38.750 --> 00:17:38.760 align:start position:0% yeah and 93 theorem 9 supporters is 00:17:38.760 --> 00:17:40.670 align:start position:0% yeah and 93 theorem 9 supporters is another<00:17:39.030> interesting<00:17:39.480> privacy<00:17:39.960> private 00:17:40.670 --> 00:17:40.680 align:start position:0% another interesting privacy private 00:17:40.680 --> 00:17:44.210 align:start position:0% another interesting privacy private project<00:17:41.660> yeah<00:17:42.690> ok<00:17:43.350> so<00:17:43.410> conclusions<00:17:44.010> about<00:17:44.070> the 00:17:44.210 --> 00:17:44.220 align:start position:0% project yeah ok so conclusions about the 00:17:44.220 --> 00:17:46.550 align:start position:0% project yeah ok so conclusions about the mixer<00:17:44.600> so<00:17:45.600> first<00:17:46.050> of<00:17:46.140> all<00:17:46.200> I<00:17:46.290> think<00:17:46.350> we<00:17:46.530> should 00:17:46.550 --> 00:17:46.560 align:start position:0% mixer so first of all I think we should 00:17:46.560 --> 00:17:48.470 align:start position:0% mixer so first of all I think we should be<00:17:46.740> really<00:17:46.950> careful<00:17:47.010> about<00:17:47.940> the<00:17:48.120> claims<00:17:48.360> that 00:17:48.470 --> 00:17:48.480 align:start position:0% be really careful about the claims that 00:17:48.480 --> 00:17:50.720 align:start position:0% be really careful about the claims that we<00:17:48.630> make<00:17:48.780> about<00:17:49.020> these<00:17:49.200> systems<00:17:49.740> I<00:17:50.160> feel<00:17:50.550> like 00:17:50.720 --> 00:17:50.730 align:start position:0% we make about these systems I feel like 00:17:50.730 --> 00:17:51.290 align:start position:0% we make about these systems I feel like we 00:17:51.290 --> 00:17:51.300 align:start position:0% we 00:17:51.300 --> 00:17:54.140 align:start position:0% we have<00:17:51.990> like<00:17:52.140> a<00:17:52.200> responsibility<00:17:53.010> to<00:17:53.310> sort<00:17:53.760> of<00:17:53.850> be 00:17:54.140 --> 00:17:54.150 align:start position:0% have like a responsibility to sort of be 00:17:54.150 --> 00:17:56.570 align:start position:0% have like a responsibility to sort of be honest<00:17:54.690> and<00:17:54.960> fair<00:17:55.530> with<00:17:55.800> other<00:17:56.070> people<00:17:56.430> when 00:17:56.570 --> 00:17:56.580 align:start position:0% honest and fair with other people when 00:17:56.580 --> 00:17:58.550 align:start position:0% honest and fair with other people when we<00:17:56.700> talk<00:17:56.910> about<00:17:56.940> this<00:17:57.420> and<00:17:57.750> the<00:17:58.020> privacy 00:17:58.550 --> 00:17:58.560 align:start position:0% we talk about this and the privacy 00:17:58.560 --> 00:18:02.360 align:start position:0% we talk about this and the privacy guarantees<00:17:58.980> that<00:17:59.010> we<00:17:59.310> we<00:17:59.790> provide<00:18:01.370> because 00:18:02.360 --> 00:18:02.370 align:start position:0% guarantees that we we provide because 00:18:02.370 --> 00:18:04.370 align:start position:0% guarantees that we we provide because like<00:18:02.730> maybe<00:18:03.690> someone's<00:18:04.050> life<00:18:04.170> might<00:18:04.350> depend 00:18:04.370 --> 00:18:04.380 align:start position:0% like maybe someone's life might depend 00:18:04.380 --> 00:18:06.440 align:start position:0% like maybe someone's life might depend on<00:18:04.800> the<00:18:04.980> security<00:18:05.370> or<00:18:05.640> the<00:18:05.670> privacy<00:18:06.210> that's 00:18:06.440 --> 00:18:06.450 align:start position:0% on the security or the privacy that's 00:18:06.450 --> 00:18:08.690 align:start position:0% on the security or the privacy that's provided<00:18:06.870> by<00:18:06.900> these<00:18:07.080> fixers<00:18:07.410> and<00:18:07.650> I<00:18:07.920> think 00:18:08.690 --> 00:18:08.700 align:start position:0% provided by these fixers and I think 00:18:08.700 --> 00:18:10.130 align:start position:0% provided by these fixers and I think it's<00:18:08.820> really<00:18:09.030> important<00:18:09.420> that<00:18:09.540> we're<00:18:09.720> we're 00:18:10.130 --> 00:18:10.140 align:start position:0% it's really important that we're we're 00:18:10.140 --> 00:18:11.990 align:start position:0% it's really important that we're we're up<00:18:10.380> front<00:18:10.620> with<00:18:10.800> people<00:18:10.920> about<00:18:11.310> about<00:18:11.820> the 00:18:11.990 --> 00:18:12.000 align:start position:0% up front with people about about the 00:18:12.000 --> 00:18:16.910 align:start position:0% up front with people about about the guarantees<00:18:12.600> that<00:18:12.630> they<00:18:12.900> get<00:18:15.800> well<00:18:16.800> they're 00:18:16.910 --> 00:18:16.920 align:start position:0% guarantees that they get well they're 00:18:16.920 --> 00:18:18.230 align:start position:0% guarantees that they get well they're definitely<00:18:17.100> the<00:18:17.460> mix<00:18:17.610> is<00:18:17.730> that<00:18:17.850> we<00:18:17.940> have<00:18:18.090> now 00:18:18.230 --> 00:18:18.240 align:start position:0% definitely the mix is that we have now 00:18:18.240 --> 00:18:19.640 align:start position:0% definitely the mix is that we have now we're<00:18:18.390> definitely<00:18:18.570> better<00:18:18.960> than<00:18:19.170> what<00:18:19.410> we<00:18:19.500> had 00:18:19.640 --> 00:18:19.650 align:start position:0% we're definitely better than what we had 00:18:19.650 --> 00:18:21.670 align:start position:0% we're definitely better than what we had before<00:18:19.760> mmm<00:18:20.790> it<00:18:20.880> definitely<00:18:21.090> gives<00:18:21.330> you<00:18:21.540> a 00:18:21.670 --> 00:18:21.680 align:start position:0% before mmm it definitely gives you a 00:18:21.680 --> 00:18:24.470 align:start position:0% before mmm it definitely gives you a much<00:18:22.680> higher<00:18:22.890> level<00:18:23.160> of<00:18:23.430> privacy<00:18:23.760> than<00:18:24.210> we<00:18:24.330> had 00:18:24.470 --> 00:18:24.480 align:start position:0% much higher level of privacy than we had 00:18:24.480 --> 00:18:26.600 align:start position:0% much higher level of privacy than we had before<00:18:24.600> and<00:18:24.810> it's<00:18:25.530> a<00:18:25.710> pragmatic<00:18:26.070> first<00:18:26.400> step 00:18:26.600 --> 00:18:26.610 align:start position:0% before and it's a pragmatic first step 00:18:26.610 --> 00:18:29.330 align:start position:0% before and it's a pragmatic first step and<00:18:26.820> it's<00:18:27.360> it's<00:18:27.600> it's<00:18:27.930> it's<00:18:28.170> a<00:18:28.350> good<00:18:28.560> step<00:18:29.130> on 00:18:29.330 --> 00:18:29.340 align:start position:0% and it's it's it's it's a good step on 00:18:29.340 --> 00:18:31.010 align:start position:0% and it's it's it's it's a good step on the<00:18:29.460> direction<00:18:29.850> that<00:18:30.000> were<00:18:30.120> in<00:18:30.330> a<00:18:30.660> direction 00:18:31.010 --> 00:18:31.020 align:start position:0% the direction that were in a direction 00:18:31.020 --> 00:18:34.880 align:start position:0% the direction that were in a direction that<00:18:31.050> we<00:18:31.200> need<00:18:31.230> to<00:18:31.410> go<00:18:33.440> at<00:18:34.440> the<00:18:34.560> same<00:18:34.590> time 00:18:34.880 --> 00:18:34.890 align:start position:0% that we need to go at the same time 00:18:34.890 --> 00:18:37.700 align:start position:0% that we need to go at the same time these<00:18:35.010> are<00:18:35.160> very<00:18:35.340> new<00:18:35.520> tools<00:18:36.230> the<00:18:37.230> snark 00:18:37.700 --> 00:18:37.710 align:start position:0% these are very new tools the snark 00:18:37.710 --> 00:18:40.640 align:start position:0% these are very new tools the snark programming<00:18:38.990> programming<00:18:39.990> starts<00:18:40.410> and 00:18:40.640 --> 00:18:40.650 align:start position:0% programming programming starts and 00:18:40.650 --> 00:18:42.710 align:start position:0% programming programming starts and building<00:18:41.160> things<00:18:41.310> which<00:18:41.430> snags<00:18:41.640> have<00:18:41.970> has<00:18:42.450> not 00:18:42.710 --> 00:18:42.720 align:start position:0% building things which snags have has not 00:18:42.720 --> 00:18:44.690 align:start position:0% building things which snags have has not been<00:18:42.930> around<00:18:43.170> for<00:18:43.380> a<00:18:43.530> long<00:18:43.650> time<00:18:43.890> and<00:18:44.220> there's 00:18:44.690 --> 00:18:44.700 align:start position:0% been around for a long time and there's 00:18:44.700 --> 00:18:47.660 align:start position:0% been around for a long time and there's very<00:18:45.090> little<00:18:45.300> stuff<00:18:45.570> in<00:18:45.690> production<00:18:46.080> and<00:18:46.670> for 00:18:47.660 --> 00:18:47.670 align:start position:0% very little stuff in production and for 00:18:47.670 --> 00:18:49.460 align:start position:0% very little stuff in production and for that<00:18:47.730> reason<00:18:47.790> we<00:18:48.420> need<00:18:48.450> to<00:18:48.630> be<00:18:48.810> sort<00:18:49.230> of<00:18:49.290> very 00:18:49.460 --> 00:18:49.470 align:start position:0% that reason we need to be sort of very 00:18:49.470 --> 00:18:52.820 align:start position:0% that reason we need to be sort of very careful<00:18:50.010> about<00:18:50.400> using<00:18:50.610> these<00:18:50.940> I<00:18:51.590> predict<00:18:52.590> that 00:18:52.820 --> 00:18:52.830 align:start position:0% careful about using these I predict that 00:18:52.830 --> 00:18:55.070 align:start position:0% careful about using these I predict that at<00:18:53.160> least<00:18:53.400> one<00:18:53.760> snack<00:18:54.270> gap<00:18:54.480> will<00:18:54.690> be<00:18:54.720> hacked 00:18:55.070 --> 00:18:55.080 align:start position:0% at least one snack gap will be hacked 00:18:55.080 --> 00:18:59.090 align:start position:0% at least one snack gap will be hacked before<00:18:55.530> Def<00:18:55.920> Con<00:18:56.070> next<00:18:56.100> year<00:18:56.400> and<00:18:57.980> and<00:18:58.980> I'm 00:18:59.090 --> 00:18:59.100 align:start position:0% before Def Con next year and and I'm 00:18:59.100 --> 00:19:05.120 align:start position:0% before Def Con next year and and I'm pretty<00:18:59.280> confident<00:18:59.790> about<00:18:59.820> that<00:19:00.800> so<00:19:03.890> and<00:19:04.890> also 00:19:05.120 --> 00:19:05.130 align:start position:0% pretty confident about that so and also 00:19:05.130 --> 00:19:06.680 align:start position:0% pretty confident about that so and also it's<00:19:05.460> important<00:19:05.910> to<00:19:06.000> support<00:19:06.150> the<00:19:06.360> people<00:19:06.660> who 00:19:06.680 --> 00:19:06.690 align:start position:0% it's important to support the people who 00:19:06.690 --> 00:19:08.390 align:start position:0% it's important to support the people who are<00:19:06.870> building<00:19:07.080> these<00:19:07.410> applications<00:19:07.620> and<00:19:08.250> to 00:19:08.390 --> 00:19:08.400 align:start position:0% are building these applications and to 00:19:08.400 --> 00:19:10.460 align:start position:0% are building these applications and to understand<00:19:08.880> if<00:19:09.180> some<00:19:09.780> sort<00:19:10.080> of<00:19:10.110> mistakes 00:19:10.460 --> 00:19:10.470 align:start position:0% understand if some sort of mistakes 00:19:10.470 --> 00:19:13.040 align:start position:0% understand if some sort of mistakes happen<00:19:10.800> because<00:19:11.160> the<00:19:12.060> only<00:19:12.210> way<00:19:12.390> that<00:19:12.570> we<00:19:12.720> kind 00:19:13.040 --> 00:19:13.050 align:start position:0% happen because the only way that we kind 00:19:13.050 --> 00:19:15.940 align:start position:0% happen because the only way that we kind of<00:19:13.170> improve<00:19:13.770> and<00:19:14.010> get<00:19:14.070> better<00:19:14.130> at<00:19:14.490> this<00:19:14.640> is<00:19:14.940> by 00:19:15.940 --> 00:19:15.950 align:start position:0% of improve and get better at this is by 00:19:15.950 --> 00:19:20.270 align:start position:0% of improve and get better at this is by experimenting<00:19:16.950> and<00:19:17.580> making<00:19:17.940> mistakes<00:19:18.920> so<00:19:19.920> as 00:19:20.270 --> 00:19:20.280 align:start position:0% experimenting and making mistakes so as 00:19:20.280 --> 00:19:22.640 align:start position:0% experimenting and making mistakes so as well<00:19:21.030> as<00:19:21.270> being<00:19:21.480> very<00:19:21.600> clear<00:19:22.080> with<00:19:22.230> people<00:19:22.380> a 00:19:22.640 --> 00:19:22.650 align:start position:0% well as being very clear with people a 00:19:22.650 --> 00:19:24.890 align:start position:0% well as being very clear with people a bit<00:19:22.800> about<00:19:23.280> the<00:19:23.520> limited<00:19:24.150> private<00:19:24.600> guarantee 00:19:24.890 --> 00:19:24.900 align:start position:0% bit about the limited private guarantee 00:19:24.900 --> 00:19:26.990 align:start position:0% bit about the limited private guarantee privacy<00:19:25.230> guarantees<00:19:25.860> we<00:19:26.130> the<00:19:26.370> mixers<00:19:26.670> provide 00:19:26.990 --> 00:19:27.000 align:start position:0% privacy guarantees we the mixers provide 00:19:27.000 --> 00:19:29.060 align:start position:0% privacy guarantees we the mixers provide we<00:19:27.720> should<00:19:27.870> also<00:19:28.020> be<00:19:28.200> very<00:19:28.500> careful<00:19:28.890> about 00:19:29.060 --> 00:19:29.070 align:start position:0% we should also be very careful about 00:19:29.070 --> 00:19:32.390 align:start position:0% we should also be very careful about kind<00:19:30.000> of<00:19:30.230> security<00:19:31.230> and<00:19:31.710> warning<00:19:32.100> people<00:19:32.220> to 00:19:32.390 --> 00:19:32.400 align:start position:0% kind of security and warning people to 00:19:32.400 --> 00:19:35.780 align:start position:0% kind of security and warning people to be<00:19:32.490> very<00:19:32.670> careful<00:19:33.090> about<00:19:33.180> using<00:19:33.420> them<00:19:34.550> okay<00:19:35.550> so 00:19:35.780 --> 00:19:35.790 align:start position:0% be very careful about using them okay so 00:19:35.790 --> 00:19:37.940 align:start position:0% be very careful about using them okay so other<00:19:36.510> important<00:19:37.200> things<00:19:37.350> that<00:19:37.440> are<00:19:37.620> going<00:19:37.650> on 00:19:37.940 --> 00:19:37.950 align:start position:0% other important things that are going on 00:19:37.950 --> 00:19:40.010 align:start position:0% other important things that are going on oh<00:19:38.160> wow<00:19:38.730> okay<00:19:39.210> other<00:19:39.420> important<00:19:39.780> things<00:19:39.930> that 00:19:40.010 --> 00:19:40.020 align:start position:0% oh wow okay other important things that 00:19:40.020 --> 00:19:43.130 align:start position:0% oh wow okay other important things that are<00:19:40.110> going<00:19:40.200> on<00:19:40.380> is<00:19:40.620> like<00:19:41.030> voting<00:19:42.140> collusion 00:19:43.130 --> 00:19:43.140 align:start position:0% are going on is like voting collusion 00:19:43.140 --> 00:19:44.840 align:start position:0% are going on is like voting collusion resistant<00:19:43.560> voting<00:19:43.800> I<00:19:43.920> be<00:19:44.070> resistant<00:19:44.550> voting 00:19:44.840 --> 00:19:44.850 align:start position:0% resistant voting I be resistant voting 00:19:44.850 --> 00:19:48.710 align:start position:0% resistant voting I be resistant voting censorship<00:19:45.720> resistant<00:19:46.820> signaling<00:19:47.820> anonymous 00:19:48.710 --> 00:19:48.720 align:start position:0% censorship resistant signaling anonymous 00:19:48.720 --> 00:19:50.210 align:start position:0% censorship resistant signaling anonymous login<00:19:48.870> from<00:19:49.110> Adam<00:19:49.350> Stiles<00:19:49.710> I'm<00:19:49.860> sorry<00:19:50.070> I'm 00:19:50.210 --> 00:19:50.220 align:start position:0% login from Adam Stiles I'm sorry I'm 00:19:50.220 --> 00:19:53.450 align:start position:0% login from Adam Stiles I'm sorry I'm very<00:19:50.760> close<00:19:51.150> to<00:19:51.210> my<00:19:51.390> time<00:19:51.720> is<00:19:51.870> up<00:19:52.020> so<00:19:52.260> we<00:19:53.250> also 00:19:53.450 --> 00:19:53.460 align:start position:0% very close to my time is up so we also 00:19:53.460 --> 00:19:54.890 align:start position:0% very close to my time is up so we also need<00:19:53.730> a<00:19:53.760> lot<00:19:53.910> of<00:19:54.000> help<00:19:54.210> there's<00:19:54.510> a<00:19:54.600> lot<00:19:54.750> of 00:19:54.890 --> 00:19:54.900 align:start position:0% need a lot of help there's a lot of 00:19:54.900 --> 00:19:56.690 align:start position:0% need a lot of help there's a lot of there's<00:19:55.230> a<00:19:55.290> lot<00:19:55.320> of<00:19:55.530> projects<00:19:55.890> that<00:19:56.310> I<00:19:56.370> listed 00:19:56.690 --> 00:19:56.700 align:start position:0% there's a lot of projects that I listed 00:19:56.700 --> 00:19:58.220 align:start position:0% there's a lot of projects that I listed before<00:19:56.910> that<00:19:57.300> need<00:19:57.450> to<00:19:57.570> be<00:19:57.600> worked<00:19:57.810> on<00:19:58.050> and 00:19:58.220 --> 00:19:58.230 align:start position:0% before that need to be worked on and 00:19:58.230 --> 00:20:00.350 align:start position:0% before that need to be worked on and built<00:19:58.380> so<00:19:59.370> I'd<00:19:59.490> like<00:19:59.610> to<00:19:59.760> invite<00:20:00.000> people<00:20:00.240> who 00:20:00.350 --> 00:20:00.360 align:start position:0% built so I'd like to invite people who 00:20:00.360 --> 00:20:01.880 align:start position:0% built so I'd like to invite people who are<00:20:00.510> interested<00:20:00.870> in<00:20:00.990> working<00:20:01.410> on<00:20:01.530> this<00:20:01.650> to 00:20:01.880 --> 00:20:01.890 align:start position:0% are interested in working on this to 00:20:01.890 --> 00:20:04.040 align:start position:0% are interested in working on this to join<00:20:02.550> this<00:20:02.640> telegram<00:20:03.030> group<00:20:03.210> where<00:20:03.900> there's 00:20:04.040 --> 00:20:04.050 align:start position:0% join this telegram group where there's 00:20:04.050 --> 00:20:05.010 align:start position:0% join this telegram group where there's like<00:20:04.260> a<00:20:04.680> nice 00:20:05.010 --> 00:20:05.020 align:start position:0% like a nice 00:20:05.020 --> 00:20:06.740 align:start position:0% like a nice community<00:20:05.290> of<00:20:05.320> people<00:20:05.590> working<00:20:05.740> on<00:20:05.920> things 00:20:06.740 --> 00:20:06.750 align:start position:0% community of people working on things 00:20:06.750 --> 00:20:08.940 align:start position:0% community of people working on things yeah<00:20:07.750> and<00:20:07.990> I'd<00:20:08.050> also<00:20:08.230> like<00:20:08.380> to<00:20:08.620> thank<00:20:08.770> all 00:20:08.940 --> 00:20:08.950 align:start position:0% yeah and I'd also like to thank all 00:20:08.950 --> 00:20:11.340 align:start position:0% yeah and I'd also like to thank all these<00:20:09.070> people<00:20:09.130> who<00:20:09.820> contributed<00:20:10.300> and<00:20:10.660> sort<00:20:11.320> of 00:20:11.340 --> 00:20:11.350 align:start position:0% these people who contributed and sort of 00:20:11.350 --> 00:20:13.040 align:start position:0% these people who contributed and sort of helped<00:20:11.770> and<00:20:11.950> getting<00:20:12.280> great<00:20:12.370> work<00:20:12.640> in<00:20:12.880> this 00:20:13.040 --> 00:20:13.050 align:start position:0% helped and getting great work in this 00:20:13.050 --> 00:20:16.500 align:start position:0% helped and getting great work in this space<00:20:14.050> this<00:20:14.500> year<00:20:14.740> and<00:20:15.160> last<00:20:15.520> year<00:20:15.760> and<00:20:15.940> for<00:20:16.480> a 00:20:16.500 --> 00:20:16.510 align:start position:0% space this year and last year and for a 00:20:16.510 --> 00:20:18.330 align:start position:0% space this year and last year and for a long<00:20:16.660> time<00:20:16.870> so<00:20:17.320> I'd<00:20:17.500> like<00:20:17.620> to<00:20:17.680> thank<00:20:18.010> all<00:20:18.220> of 00:20:18.330 --> 00:20:18.340 align:start position:0% long time so I'd like to thank all of 00:20:18.340 --> 00:20:20.790 align:start position:0% long time so I'd like to thank all of them<00:20:18.460> and<00:20:19.050> now<00:20:20.050> I'm<00:20:20.260> done 00:20:20.790 --> 00:20:20.800 align:start position:0% them and now I'm done 00:20:20.800 --> 00:20:24.450 align:start position:0% them and now I'm done I<00:20:20.830> have<00:20:21.190> 17<00:20:22.090> seconds<00:20:22.420> for<00:20:22.570> questions<00:20:23.460> thank 00:20:24.450 --> 00:20:24.460 align:start position:0% I have 17 seconds for questions thank 00:20:24.460 --> 00:20:26.480 align:start position:0% I have 17 seconds for questions thank you 00:20:26.480 --> 00:20:26.490 align:start position:0% you 00:20:26.490 --> 00:20:35.590 align:start position:0% you [Applause] 00:20:35.590 --> 00:20:35.600 align:start position:0% 00:20:35.600 --> 00:20:37.660 align:start position:0% you