The Future Coin

Bitcoin

$31,781.67

BTC -7.74%

Ethereum

$1,288.90

ETH -10.16%

XRP

$0.26

XRP -5.32%

Litecoin

$131.60

LTC -9.50%

EOS

$2.59

EOS -5.21%

  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • Blockchain News
    • Business News
    • Technology News
    • Policy & Regulations
  • Markets
    • Market News
    • Market Analysis
    • Price Indexes
    • Top Cryptocurrencies
    • Heatmap
  • Opinion
  • Cryptopedia
    • Explained
    • Bitcoin101
    • Ethereum101
    • Bitcoin Cash101
    • ICO101
    • Ripple101
  • Press Releases
No Result
View All Result
The Future Coin
No Result
View All Result
Home Opinion

Zoom Seeks to Deflect Privacy, Security Concerns With Keybase Buy

by The Future Coin
May 8, 2020
in Opinion
0
Zoom Seeks to Deflect Privacy, Security Concerns With Keybase Buy
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

Zoom, the popular-by-necessity video conferencing service, has acquired crypto key directory Keybase in a bid to bring end-to-end encryption to its paying customers. 

“We are working on a detailed cryptographic design to be published by May 22 for public review,” tweeted, Alex Stamos, a former chief information security officer of Facebook who joined Zoom as a consultant. “This will be an open and transparent design process as Zoom builds something both unique and impactful to the privacy of millions.”

Keybase, the secure messaging and file sharing platform, is taking on a challenging task because multiparty video conferencing is incredibly difficult to encrypt end to end, the process where only the communicating users can read the messages, when a large number of people are involved. It’s the reason so few large group-video conferencing platforms offer it. Facetime and WhatsApp, two services that feature end-to-end encryption, are able to do so for only a couple of people at a time, or in the case of WhatsApp, no more than four individuals can use it at once. End-to-end encryption prevents data such as calls, videos, and text messages from being read by someone other than the sender and recipient, including the platform hosting the communications. 

In a blog post from Keybase announcing the acquisition, the company said it would be in touch if anything changed with the Keybase app. It also laid out what the next immediate steps would be for the company. 

“Initially, our single top priority is helping to make Zoom even more secure,” Keybase said. “There are no specific plans for the Keybase app yet. Ultimately, Keybase’s future is in Zoom’s hands, and we’ll see where that takes us. Of course, if anything changes about Keybase’s availability our users will get plenty of notice.”

The post adds the most immediate actions will be to significantly improve “our security effectiveness, by working on a product that’s much bigger than Keybase. We can’t be more specific than that because we’re just diving in.”

Currently, the plan is for the end-to-end encryption feature to only be available for paying customers, according to Zoom CEO Eric Yuan’s blog post on the acquisition. This makes it not just a security play but one that may be an incentive for the millions of people who are using the service for free to sign up for these paid services, boosting the company’s bottom line.  Additionally, the post noted Zoom would not build a mechanism to decrypt live meetings for lawful intercept purposes because end-to-end encryption has become the target of law enforcement ire over the years. It’s unclear what this will mean in the long term for the Keybase app, which featured the option of adding a Stellar cryptocurrency wallet for all users and was a popular security tool for the cryptocurrency community.

Disclosure Read More

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.



Source link

EDITOR’S CHOICE

Can Blockchain Payment Platforms Become A Vanguard For Democracy?

Gina Raimondo, Biden’s ‘pro-business Democrat’

Bitcoin, Ethereum, and Altcoins Gain Bearish Momentum

H&S Points to More Weakness

Untitled | Yadkin Ripple

DeFi in 2021 | App Developer Magazine

Best Pick For You

News

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business News
  • Ethereum News
  • Litecoin News
  • Ripple News

Features

  • Market Analysis
  • Opinion
  • Explained
  • Policy & Regulations
  • Top Cryptocurrencies
  • Technology News

Market Tools

  • Market News
  • Price Indexes
  • Bitcoin Price Index
  • Ethereum Price Index
  • Bitcoin Cash Price Index
  • Litecoin Price Index
  • Monero Price Index
  • HeatmapPartner

Cryptopedia

  • Explained
  • Bitcoin101
  • Bitcoin Cash101
  • Ethereum101
  • ICO101
  • Ripple101

© 2020 Coingraph

No Result
View All Result
  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • Blockchain News
    • Business News
    • Technology News
    • Policy & Regulations
  • Markets
    • Market News
    • Market Analysis
    • Price Indexes
    • Top Cryptocurrencies
    • Heatmap
  • Opinion
  • Cryptopedia
    • Explained
    • Bitcoin101
    • Ethereum101
    • Bitcoin Cash101
    • ICO101
    • Ripple101
  • Press Releases

© 2020 Coingraph

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
bitcoin
Bitcoin (BTC) $ 31,623.00
ethereum
Ethereum (ETH) $ 1,286.68
tether
Tether (USDT) $ 1.00
polkadot
Polkadot (DOT) $ 16.72
ripple
XRP (XRP) $ 0.263959
cardano
Cardano (ADA) $ 0.333985
chainlink
Chainlink (LINK) $ 22.22
litecoin
Litecoin (LTC) $ 132.15
bitcoin-cash
Bitcoin Cash (BCH) $ 422.96
binancecoin
Binance Coin (BNB) $ 40.53
stellar
Stellar (XLM) $ 0.254695
usd-coin
USD Coin (USDC) $ 1.00
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 31,586.00
uniswap
Uniswap (UNI) $ 12.32
bitcoin-cash-sv
Bitcoin SV (BSV) $ 173.48
aave
Aave (AAVE) $ 256.96
eos
EOS (EOS) $ 2.59
monero
Monero (XMR) $ 137.54
theta-token
Theta Network (THETA) $ 2.24
havven
Synthetix Network Token (SNX) $ 15.29
tezos
Tezos (XTZ) $ 2.82
nem
NEM (XEM) $ 0.230999
tron
TRON (TRX) $ 0.029010
vechain
VeChain (VET) $ 0.028757
celsius-degree-token
Celsius Network (CEL) $ 4.84
cosmos
Cosmos (ATOM) $ 7.54
neo
NEO (NEO) $ 22.76
dai
Dai (DAI) $ 1.00
crypto-com-chain
Crypto.com Coin (CRO) $ 0.068313
okb
OKB (OKB) $ 5.55
compound-ether
cETH (CETH) $ 25.65
leo-token
LEO Token (LEO) $ 1.32
cdai
cDAI (CDAI) $ 0.020943
binance-usd
Binance USD (BUSD) $ 1.01
maker
Maker (MKR) $ 1,334.42
iota
IOTA (MIOTA) $ 0.421447
huobi-token
Huobi Token (HT) $ 5.51
compound-usd-coin
cUSDC (CUSDC) $ 0.021442
dogecoin
Dogecoin (DOGE) $ 0.008207
filecoin
Filecoin (FIL) $ 22.19
dash
Dash (DASH) $ 102.97
solana
Solana (SOL) $ 3.78
zcash
Zcash (ZEC) $ 85.99
sushi
Sushi (SUSHI) $ 7.27
avalanche-2
Avalanche (AVAX) $ 11.73
compound-governance-token
Compound (COMP) $ 212.48
yearn-finance
yearn.finance (YFI) $ 29,130.00
kusama
Kusama (KSM) $ 96.60
ftx-token
FTX Token (FTT) $ 9.62
ethereum-classic
Ethereum Classic (ETC) $ 7.22