{"id":196923,"date":"2023-12-13T13:39:13","date_gmt":"2023-12-13T13:39:13","guid":{"rendered":"https:\/\/tokenstalk.info\/?p=196923"},"modified":"2023-12-13T13:39:13","modified_gmt":"2023-12-13T13:39:13","slug":"nym-co-founder-and-chelsea-manning-discuss-decentralization-and-privacy","status":"publish","type":"post","link":"https:\/\/tokenstalk.info\/crypto\/nym-co-founder-and-chelsea-manning-discuss-decentralization-and-privacy\/","title":{"rendered":"Nym co-founder and Chelsea Manning discuss decentralization and privacy"},"content":{"rendered":"

Users\u2019 data privacy and the growing need for it to be protected is a topic that people worldwide are reminded of on a near daily basis. For example, just two days ago, on Dec. 11, Toyota warned customers about a potential data breach, stating that \u201csensitive personal and financial data was exposed in the attack.\u201d\u00a0<\/p>\n

Hacks, breaches and exploits happen so often that one could jokingly say that user data breaches rival the rugs and protocol exploits that crypto is infamous for. To name a notable few, there was the Kid Security parental control app hack, which resulted in 300 million data records being compromised. <\/p>\n

Consumer genetics and research company 23andMe had a breach in October that put 20 million records at risk. Even MGM was hacked in September, and estimates suggest that the hack cost the production studio at least $100 million. <\/p>\n

What\u2019s clear is data is treasure, and hackers are the modern-day privateers. It\u2019s also strikingly clear that corporations and governments struggle to protect themselves and their clients against data breaches, and because of this weakness, customers and citizens need to make the best effort possible to secure their own personal data. <\/p>\n

One of the first and easiest steps for keeping some types of data safe from peering eyes is to use a virtual private network (VPN) when browsing the internet. But, even VPNs aren\u2019t fully hackproof, and a handful of them actually covertly store user internet traffic records and share them with entities that users might prefer not to have access to such records. So, it falls to the consumer to again trust that their VPN of choice doesn\u2019t disclose user data. <\/p>\n

On Episode 25 of The Agenda <\/em>podcast, hosts Ray Salmond and Jonathan DeYoung spoke with Nym co-founder and CEO Harry Halpin and Nym security and hardware consultant Chelsea Manning about how blockchain-based mixnets and other elements of decentralization can be used to strengthen VPNs and protect users\u2019 personal data. <\/p>\n

<\/p>\n

Surprise, most VPNs are centralized too <\/h2>\n

Thanks to clever marketing, a large number of people assume that VPNs protect you from nefarious snoopers lurking around on the internet, and they conceal your activities and user data from an assortment of vendors, entities and other organizations that observe users\u2019 activities. <\/p>\n

Halpin explained that on a VPN:<\/p>\n

Nym\u2019s mixnets, on the other hand, send encrypted data across multiple servers, and Halpin explained that it adds \u201ca bit of fake data\u201d and at \u201ceach hop, a mixnet does what it says on the tin.\u201d <\/p>\n

Related: <\/em><\/strong>How to protect your privacy online<\/em><\/strong><\/p>\n

Mixnets have been around since the 1980s and rely on a large number of servers, which in some scenarios is less than ideal. According to Halpin, this is where Nym comes into play:<\/p>\n

Chelsea Manning explains why people should \u201cuse as much encryption as possible\u201d <\/h2>\n

When asked whether or not attempting to protect user data and personal privacy was a moot point, especially given the frequency of personal data breaches and serious incidents of governments surveilling citizens online activities, Manning said:<\/p>\n

Manning explained that \u201cthere\u2019s been obviously a sort of arms race between the surveiller and the person who\u2019s trying to protect their communications and their data. And it is true that they that these state actors and large, large scale corporate actors like internet service providers, they have a significant asymmetry in terms of like their compute power, their ability to collect information, their ability to sort through information.\u201d<\/p>\n

According to Manning, the challenge surveillers face is \u201cfinding out the value of the connections\u201d in what is a \u201chaystack problem:\u201d <\/p>\n

To hear more from Halpin and Manning\u2019s conversation with The Agenda, <\/em>listen to the full episode on Cointelegraph\u2019s Podcasts page, Apple Podcasts or Spotify. And don\u2019t forget to check out Cointelegraph\u2019s full lineup of other shows! <\/p>\n

Magazine: <\/em><\/strong>XChina dev fined 3 yrs\u2019 salary for VPN use, 10M e-CNY airdrop: Asia Express<\/em><\/strong><\/p>\n

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author\u2019s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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