Aztec Protocol

[Music] hello I'm Tom from Aztec protocol I don't know how many of you have heard lots of you've heard of us we are a privacy protocol imminently to launch on a theory and main that I understand two minutes speaking about what we do and I'm going to spend two minutes talking about what this is all about all this nonsense to the first few minutes was originally built to be able to see from network where we were building a credit issuance of training platform and viable privacy on if their maintenance was not available at the time so we decided after some some master work by our CTO Zack Williamson he he had never done cryptography before but started spending some time in a biscuit factory in bourbon sea looking into zero knowledge proof I managed to barred divides a very clever trick that enabled us to do everything that we wanted it enables us to issue assets on him confidentially it enabled that those assets to be redeemed it has it was able to execute a swap group that would enable assets private assets to be exchanged I there's also a proof in here that allow us in containment so that's very relevant for people like film training who are who are doing film rights for bones for loans for all kinds of assets so the idea of the acetic crypto engine this coordinating force in our network is it enables you to stitch together the private digital asset on main measure of your choice so that's why we built it there are a couple of other proofs by the way there's a there's a public-private rage proof of any of your building identity systems please come speak to us at the end were quite well represented there about five of us here today if these guys meet one of us so that's for this will like a lot of privacy systems we depend on a set up process and we are out too long in October the as detect ignition NPCs are away so this will be a assembly of two parts the first is it as a global relay it's a relay in which supposing I have a participant in this relay I will generate some randomness Symetra P I will inject this into a transcript which is really sequences of alien alien numbers elliptic curve points and I will then pass that on to the next participant interval we will select around 200 participants they'll be done in two ways some of these participants will be VIPs well-known people well in institutions which people can more or less reliable to obviously LIBOR scans accepting so we have another another trap as well which is for the public and we will randomly select people from the public participate so that will be require this entire ceremony it's for one person to behave honesty one person who is honestly at the whole thing is secure so this is really an echo of the easy cash house of tau Sara me soon that's phase one and then phase two we can help out of a post processing step those of you who remember celluloid film as a sort of as an analogy here I think which is the rigging stitch the product be that the transcript is created in this 30 day ceremony into the range proof that has tech relies on to run its crypto entry so there's room for lots of people to take part 200 in that first relay and then a processing we can have virtually number of people so I do encourage you please go and sign up now the link is hosted on our Twitter handles as protocol and we look forward to seeing who maybe some of you in the NPC 17 October thanks very much [Music]