Crypto, PriFi, and the Fight Against Surveillance Capitalism

Privacy is a human right. That’s why accounts have passwords and rooms have doors. The maintenance of privacy rights is an essential aspect of the social contract that governs laws and human interaction. At least, it should be.

In the internet age, the element of privacy has been abstracted out of sight. In its place has been the rise of surveillance capitalism: the commodification of personal data for profit. Now, your identity, relationships, interests, finances, movement, facial expressions, and even your deepest secrets are fair game on the big data marketplace. Surveillance capitalism is one of the fastest growing economies in the world. While more and more people are now glaringly wary of its encroachment, most operate with a blissful unawareness of the wholesale profiteering taking place atop the exploitation of our privacy rights.

The Role of ISPs in the Modern Internet

Hi and welcome back to another episode of “George rants about things.” If you missed my inaugural rant, make sure to check in and get up to speed about all of the OPSEC risks you ignore every time you open up the web .

Today’s subject is one that sometimes keeps me up at night, because I’m not sure there’s a solution. As we work to build a new decentralized, permissionless financial system, in the back of my mind is always the irony that we build it on an infrastructure - the internet - that is controlled by very few, very large parties, and that it’s only possible to build on it because they allow us to.

Offshift July Community Call & PriFi AMA Recap

Zokyo provided their first official development update since the Yellowpaper & Roadmap , and we answered your questions about Offshift, privacy, and more.

On this month’s Community Call & PriFi AMA, our guests included Zokyo cryptographer Victoria Grasshopper and Project Manager Vitalii Odnovol.

Offshift Dev Update, July 2021: Progress in Smart Contracts and the Offshift Client App

Offshift is working with Zokyo to develop the infrastructure for the smart contracts and interface that will bring PriFi and the Offshift private derivatives platform live.

Here’s a progress update for July, 2021.

The fundamental structure of the shielding contract has been determined! Now, with the core functions set, we begin implementing the cryptography.

The deposit function is the starting point for the contract. Users send XFT, along with a cryptographic commitment (generated on the client side) to the contract, and the contract verifies the commitment. Once verified, the deposit contract credits the commitment to the user’s balance.

Watch Offshift's PriFi Presentation at EthCC 2021

This week marked Offshift’s first appearance at the largest annual Ethereum event in Europe, Ethereum France’s EthCC . The three-day conference, as well as the week’s many side events, meetups, panels and parties, presented some valuable in-person networking opportunities for Offshift.

Of the conference’s many great speakers was Offshift’s own Head of Business Development Alex Shipp .

Offshift Lists XFT on PancakeSwap, Launches Pancake LP Rewards & Bolsters LP Rewards on SushiSwap

40,000 XFT will be allocated to PancakeSwap stakers over 8 months, and an additional 40,000 XFT will be allocated to SushiSwap stakers.

Offshift has listed XFT on PancakeSwap, and the XFT-BNB market is now live .

Offshift is also launching a PancakeSwap LP-Rewards Program on July 15 to establish incentives for liquidity provision on Binance Smart Chain (BSC), while bolstering our existing SushiSwap LP Rewards Program in order to maintain deep liquidity on Ethereum.