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Naive vector commitment: for a collision-resistant function H, commit to x as H(x). To open this commitment, reveal x.
By default, everything is encrypted. By virtue of decentralizing the information architecture elements, each user can own their private data, and central repositories are less vulnerable to data losses or breaches because they only store encrypted information and coded pointers to distributed storage locations that are spread across distributed com
... See moreWilliam Mougayar • The Business Blockchain: Promise, Practice, and Application of the Next Internet Technology

In fact the process can be swapped around, so that the private key is used for encrypting and the public key is used for decrypting. This mode of encryption is usually ignored because it offers no security. If Alice uses her private key to encrypt a message to Bob, then everybody can decrypt it because everybody has Alice’s public key. However, thi
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