[ANN]Elixxir - PRIVACY, SECURITY, SPEED & SCALE (CEO David Chaum)

[serenity]

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Elixxir - full-stack blockchain platform led by world-famous cryptographer David Chaum, the inventor of digital cash and father of online anonymity.

Elixxir is dedicated to facilitating truly decentralized payments and private messaging to consumers globally via the blockchain.
The Elixxir technology represents a fundamental breakthrough in cryptography that enables performance and privacy on a global consumer scale. Quantum-resistance with immediately scalable transaction speeds enable the Elixxir platform to support development, distribution, and durability of truly private, secure dApps without compromising user experience.

The Elixxir BetaNet Node Application opens from 19 February and close on Friday, April 19th.
READ MORE HERE

How Does Nodes works?

Step 0 — Setup: A user who wants to send messages or payments using the Elixxir platform only interacts with precomputations once. When registering, users establish shared keys with the Elixxir mixnodes. Nothing else is then required from the user.

Mixnodes, which are responsible for shuffling messages and transactions, will collectively establish shared values for every round. Therefore, a team of nodes collectively establishes a global public key and individual secret shares, to be used in the multi-party homomorphic encryption system, a process that allows computers to run calculations on secure data while it remains encrypted.

Step 1 — Preprocessing: Group-homomorphic encryption allows the team of nodes to securely and collectively precompute the encryption values they want to use in the real-time phase. To do so, nodes operate on the ciphertext they received from the previous mix node in the team.

Step 2 — Mixing: The mixnodes multiply a new fresh value and apply a permutation to each slot. These individual permutations are used by each mixnode in the real-time phase and serve as a shuffle mechanism that masks the origin of the messages.

Step 3 — Postprocessing: To complete the precomputation, the nodes in the team finish the multiparty computation, by collectively decrypting the resulting values. Since this work was done under homomorphic encryption, this final step allows the team to collectively remove the masking factors and obtain the product of the encryption factors.

The Elixxir team is excited to be working on a platform that delivers gold-standard cryptography at real-time speed. Although that combination may sound like magic, in reality we achieve these results through precomputations. This means that on the Elixxir platform users can use extremely secure cryptography to send a private message or payment without experiencing a noticeable delay. By harnessing precomputations the Elixxir platform also has an unprecedented capacity to grow to consumer scale.

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[DonnieDarko]

looks awesome, what the rewards for the nodes holders? I didn't found information about it. Also no info about tokens, supply etc.
Probably Elixxir at the beginning. I will be watching the project. Wish them good luck!

[serenity]

looks awesome, what the rewards for the nodes holders? I didn't found information about it. Also no info about tokens, supply etc.
Probably Elixxir at the beginning. I will be watching the project. Wish them good luck!

Have no idea mate, we need to wait Whitepaper release

[MVT$]

looks awesome, what the rewards for the nodes holders? I didn't found information about it. Also no info about tokens, supply etc.
Probably Elixxir at the beginning. I will be watching the project. Wish them good luck!

Have no idea mate, we need to wait Whitepaper release

There is no planned token sale for this yet?

[serenity]

looks awesome, what the rewards for the nodes holders? I didn't found information about it. Also no info about tokens, supply etc.
Probably Elixxir at the beginning. I will be watching the project. Wish them good luck!

Have no idea mate, we need to wait Whitepaper release

There is no planned token sale for this yet?

as I know - not at this moment, probably we will get some great staff after betanet test - 19 april, let's see (:
Looking forward their tokensale

[vycl87]

The Elixxir team is excited to be working on a platform that delivers gold-standard cryptography at real-time speed. Although that combination may sound like magic, in reality we achieve these results through precomputations. This means that on the Elixxir platform users can use extremely secure cryptography to send a private message or payment without experiencing a noticeable delay. By harnessing precomputations the Elixxir platform also has an unprecedented capacity to grow to consumer scale.

I think keywords in this part. Firstly, Elixxir has great security and speed. I was particularly excited by the solution to the problem of scalability. Neither Ethereum nor EOS has been able to solve this problem to date. They are still dealing with these issues.

We will wait and see this greatest idea's future. I am sure that they will be succeed.

[serenity]

Today, catch Elixxir President Jim Dolbear speaking at the Columbia Tower Club in Seattle! Panel title: "Financial Markets Implementing Blockchain"

[dzkrb]

You write. "Nodes are selected for collaboration by a decentralized randomized algorithm. This creates increased confidentiality and network integrity.". And what if inefficient nodes are randomly selected? Then the processing speed may drop critically.

[serenity]

You write. "Nodes are selected for collaboration by a decentralized randomized algorithm. This creates increased confidentiality and network integrity.". And what if inefficient nodes are randomly selected? Then the processing speed may drop critically.

During precomputation that is discovered, so that team will not be scheduled and each of those node team with other nodes.

[serenity]

Hey there!
Today Elixxir published new article about David's predict which was written
in 1985! He knew what would happen with internet-privacy in future.
We can read part of document "Security Without Identification" on Medium:
https://medium.com/elixxir/a-letter-from-our-founder-4f48ffba28fe
Full version of document here:
https://www.chaum.com/publications/Security_Wthout_Identification.html

Twitter post: https://twitter.com/elixxir_io/status/1111819700340703234

[waybesuricata]

Thank you very much for giving me information about the project. Is there any bounty campaign? Is the ICO process started right now? If so, how can you give information?

[serenity]

Thank you very much for giving me information about the project. Is there any bounty campaign? Is the ICO process started right now? If so, how can you give information?

At the moment token sale date not confirmed and there is no plans for bounty as i know. I'll post updates in this thread if i'll get new information

[vycl87]

Thank you very much for giving me information about the project. Is there any bounty campaign? Is the ICO process started right now? If so, how can you give information?

At the moment token sale date not confirmed and there is no plans for bounty as i know. I'll post updates in this thread if i'll get new information

I think we are all waiting for bounties and ICO's from Elixxir team. I personally want to join both ICO and bounty. So count me in I will be ready when you start the sale.

[serenity]

Elixxir Betanet Node Application Program

Apply to run a node on Elixxir Betanet node and get a chance to receive a slot on Elixxir Mainnet.

Website: https://elixxir.io/
ICODrops: https://icodrops.com/elixxir/
Video:

Duration: 17 days
Reward: Slot on Mainnet

Aplly through https://bountysuite.com/bounty-programs/elixxir.html

[vycl87]

Elixxir Betanet Node Application Program

Apply to run a node on Elixxir Betanet node and get a chance to receive a slot on Elixxir Mainnet.

Website: https://elixxir.io/
ICODrops: https://icodrops.com/elixxir/
Video:

Duration: 17 days
Reward: Slot on Mainnet

Aplly through https://bountysuite.com/bounty-programs/elixxir.html

It is great to hear that news.

I wish I would join this greatest project's test net. Hope they will succeed.

Will be there any regular bounty after test net?