We've come far with Blockchain technology.
It's starting to truly look like applications everywhere both large and small will be able to transition over to this brave new technology to power their back-ends as needed. This leaves users in a stale mate situation though, as there is a pretty big change in the way you interact with a centralized application to the way you interact with a decentralized one.
Cryptography is of course the first thing that comes to mind. Anything to do with keypairs is magic for most people. Most of us are used to just putting our passwords into forms on websites, without realizing the implications of what we are doing. The second that a website has your password, they don't technically have to do what they say they are going to do with it. You put your trust into them to uphold their end of the bargain and hash it properly before setting it into their database. When we take that same flow and replace password with credit card the incentive to not do right becomes a bit larger depending on what the site thinks they can get away with. If we once again replace credit card with private key this is where things get hairy. What you've done is effectively given away all your money ( you lovable charitable person, you ). You have absolutely zero guarantees that the website will not just steal every penny from you without even knowing who took it.
The problem here is that we want to be able to use our private keys. We just don't want to give them away. We need to be able to sign transactions on the blockchain to make it useful for us. Otherwise it's like having a house that only we have the key for, but we're sleeping on the bench outside because we don't want to unlock the door
So how do we interact with web applications?
Luckily, we've been doing massive amounts of work here at Scatter to help you do just that. Scatter is a signature provider which integrates with EOS and Ethereum Blockchains. It allows you to keep your private keys safe on your local machine but still interact with web applications by giving providing them with signatures for transactions.
It's much more than that though. It's a way to make the blockchain easy, for everyone. Check out the video below as we go through the functionality of Scatter and showcase some of it's capabilities. Discover how easy, and safe interacting with the blockchain can be.
You can get more information about Scatter here:
does @scatter have a steem account? hey would be so cool to mirror eos tokens over on steem-engine by @aggroed https://steem-engine.com Only about $50 to create a token and with smart contracts by @harpagon maybe we can do some inter blockchain communication between steem and eos, dream come true...
Hi @nsjames glad to see you here! I really like your project and the value it brings to the EOS infrastructure. Yet it might become so important, how are you auditing your security, because after all we would ensure your software with our private keys, how have you made sure the extension can not be exploited.
Btw. is there a way to connect to some of the official EOS testnets?
I'd like to eventually have an audit of the security protocols in place upon every change that affects them, currently that's not feasible as Scatter is an open-source and unfunded project that takes more out of my pocket than it puts in.
I have had a few friends that work in cyber security look through the code and improvements have been made following their suggestions and comments, but it really needs to go through a vigorous vetting process. Once Scatter is more financially stable that will be the first use of funds.
great to hear, hope identity sales pick up and audit will be possible soon, for this central piece of eos infra :)
Love the Concept, I'll look forward to following Scatter as it progresses
Thanks for helping me add steem to scatter hopefully!
This post really help me to understand blockchain.
Nice demo, the product looks really good. Is there any way to interact with Scatter via python code?
This is a great concept.
really it's very helpfull
This post has received a 16.80 % upvote from @booster thanks to: @nsjames.
This is Great! I'll add your post to my newsletter.
Keep up the good content!
Congratulations @nsjames!
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Great work! I have seen your videos on YouTube and also was working with the EOS testnet so your videos were very helpful. I also just watched your talk with @happymoneyman Great stuff!
I wonder if there are actually any statistics of how often keyloggers and other malware taking screen shots of important events happen. I always keep my private keys either on a hardware device or on airgapped devices or keep small amounts in those with hot connections. It would be nice to have zero knowledge proofs built into something like this where you can prove you have the keys without exposing them by providing hashed sigs.
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