Proton hopes its new digital wallet will help Bitcoin "gain mainstream trust and acceptance."

Until homeomorphic encryption becomes a thing, cloud can’t be secure or private.

Why do you need homeomorphic encryption? Isn’t client-side encryption good enough for most use cases?

Yes. Homomorphic encryption is for data processing, not data storage.

@cadekat@pawb.social
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I am aware. What processing is only possible in the cloud, and not locally?

Edit: My apologies, I didn’t realize you weren’t the same person I originally replied to. Please disregard!

@jarfil@beehaw.org
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Client-side is not cloud.

Yes, you can keep client-side reasonably secure. You can’t send the data for cloud processing and seriously expect much security or privacy… for now. Encrypt client-side and use cloud as storage… maybe; encryption algorithms also have a “best by” date.

My point is:

  • “Cloud hosted” can not be fully “secure and private” right now.
  • “With cloud storage”, has a “best by” date.
  • “Not cloud”… well, is not cloud 🙂

Letting anyone with the ability to switch the software without you noticing, anywhere near the keys controlling some Bitcoin funds, is a really bad idea.

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