
Zero Knowledge Proofs - An example
In this article, we’ll dive into an example of Zero Knowledge Proofs in the identity realm. The aim or goal is to provide the user with an intuition on how we can think of Zero Knowledge Proofs and their real-world applications. This article was written while working on the project, Chiti.IdentityDecentralized networks require decentralized Identities. Most identity solutions today use OAuth2.0 or OpenID Connect to authenticate users. These solutions however don't have a way to allow the...
Why do we need decentralisation?
Barter system. This was the oldest form of value transfer known to man. Between then to now, humans invented various ways to transfer value between each other. For the first time in the history of humanity, we have found a way to do this at peak efficiency XD.Yea this was me when I realized it... (Oh my god! Unbelievable! XD)On the blockchain ecosystem today, you can showcase your novelty, innovation, and uniqueness to the entire world. There’s a whole different reason why this is a necessity...
What a protocol would look like?
Protocol speaks a language.A protocol speaks a language. This language will be governed by a set of values/beliefs.Protocol governs the dynamics of the ecosystemA protocol is a program. It has a set of rules. It has certain criteria to be followed to be part of the ecosystem. If any action supports the ecosystem you are rewarded and if you go against it, might even be removed from the ecosystem. Examples of protocols written today are $AUDIO: Audius is a decentralized, community-owned, and ar...
Just another developer trying to change this world!! Working on the TransferOfValue Protocol!!



Zero Knowledge Proofs - An example
In this article, we’ll dive into an example of Zero Knowledge Proofs in the identity realm. The aim or goal is to provide the user with an intuition on how we can think of Zero Knowledge Proofs and their real-world applications. This article was written while working on the project, Chiti.IdentityDecentralized networks require decentralized Identities. Most identity solutions today use OAuth2.0 or OpenID Connect to authenticate users. These solutions however don't have a way to allow the...
Why do we need decentralisation?
Barter system. This was the oldest form of value transfer known to man. Between then to now, humans invented various ways to transfer value between each other. For the first time in the history of humanity, we have found a way to do this at peak efficiency XD.Yea this was me when I realized it... (Oh my god! Unbelievable! XD)On the blockchain ecosystem today, you can showcase your novelty, innovation, and uniqueness to the entire world. There’s a whole different reason why this is a necessity...
What a protocol would look like?
Protocol speaks a language.A protocol speaks a language. This language will be governed by a set of values/beliefs.Protocol governs the dynamics of the ecosystemA protocol is a program. It has a set of rules. It has certain criteria to be followed to be part of the ecosystem. If any action supports the ecosystem you are rewarded and if you go against it, might even be removed from the ecosystem. Examples of protocols written today are $AUDIO: Audius is a decentralized, community-owned, and ar...
Just another developer trying to change this world!! Working on the TransferOfValue Protocol!!
Share Dialog
Share Dialog

Subscribe to Airesh Bhat

Subscribe to Airesh Bhat
<100 subscribers
<100 subscribers
We need to build protocols for every aspect of life.
Let me break that down for you…
Andreas M. Antonopoulos in his talk quote, “We have yet to discover a civilization old enough that didn’t have money”.
From the Barter system to our current economy, there has always been a way to transfer money, from one person to another.
Let’s look at it this way.
There has always been a way to transfer value from one person to another.

vs

What is the end goal of money anyway, to transfer value right?! The issue in today’s society is that money is given so much importance, that people forgot at the end of the day, it’s all about trading value.
Try imagining a society without money but still able to trade value. How can such a society be built? How to build an economy such that it is ingrained in the mechanics of life that people focus on the end value rather than the means goal which is money(or some form of it).
That is what we need to build. We need to build enough protocols(languages that unify people) until we reach a protocol that everyone agrees to. I will break down the mechanics of how this will work in future articles.
Thank you!
Authors note:
I always found it difficult to explain convincingly to someone why blockchain is needed. The blockchain economy is born out of uniform(peer-to-peer) architecture. The world today is born out of a hierarchical architecture. Everything is hierarchical. Even the way you think. The suffering in today’s world is because of this. Everything can be pointed to one node on the top which will be the root cause of all problems below it.
We need to build protocols for every aspect of life.
Let me break that down for you…
Andreas M. Antonopoulos in his talk quote, “We have yet to discover a civilization old enough that didn’t have money”.
From the Barter system to our current economy, there has always been a way to transfer money, from one person to another.
Let’s look at it this way.
There has always been a way to transfer value from one person to another.

vs

What is the end goal of money anyway, to transfer value right?! The issue in today’s society is that money is given so much importance, that people forgot at the end of the day, it’s all about trading value.
Try imagining a society without money but still able to trade value. How can such a society be built? How to build an economy such that it is ingrained in the mechanics of life that people focus on the end value rather than the means goal which is money(or some form of it).
That is what we need to build. We need to build enough protocols(languages that unify people) until we reach a protocol that everyone agrees to. I will break down the mechanics of how this will work in future articles.
Thank you!
Authors note:
I always found it difficult to explain convincingly to someone why blockchain is needed. The blockchain economy is born out of uniform(peer-to-peer) architecture. The world today is born out of a hierarchical architecture. Everything is hierarchical. Even the way you think. The suffering in today’s world is because of this. Everything can be pointed to one node on the top which will be the root cause of all problems below it.
No activity yet