One article to understand Web3.0 privacy leader infrastructure Boxie

in #nft3 years ago

Before understanding Boxie, we need to understand what web3.0 is.
"Whether Web3.0 is an awakening or alarmist talk?" A brief summary of the history of Web3.0 thought in "is as follows:
What is Web3.0? The Internet is currently in the Web2.0 stage, and Web3.0 is the design and vision for the next generation of the Internet.
Fifteen years ago, Sir Tim Bernard-Lee, the inventor of the Web, believed that the current limitations of the Internet are that HTML is for humans, has no metadata, and cannot be understood by machines. Therefore, data should be given meaning, and a smarter and more automated Internet application should be developed to realize Web3.0, the Semantic Web. But about 5 years ago, Sir Lee's views on the next generation of the Internet changed. He launched the Internet Magna Carta movement, calling on users and practitioners to conduct extensive discussions on the future of the Internet.
Dr. Gavin Wood, founder of Ethereum Joint Creation & Polkadot, proposed a revolutionary Web3.0 vision in 2014, and then initiated the Web3 Foundation. His philosophy is: Web3 is a set of extensive campaigns and protocols to make the Internet more decentralized, verifiable, and secure; Web3 vision is to achieve a serverless, decentralized Internet, that is, users control their own identity and data And the Internet of Destiny; Web3 will launch a new global digital economy system, create new business models and new markets, break platform monopoly, and promote extensive, bottom-up innovation.

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Currently we are still in the Web2.0 era, which is characterized by privacy in exchange for services. Giant companies have tremendous power over their users and third-party developers. With their control of all data, they control: every interaction between users on the platform, the ability of each user to seamlessly exit and switch to other platforms, the potential for content creators to be discovered and publish content, and the flow of all capital , And all relationships between third-party developers and their users.

What is the leading infrastructure of Web3.0 -- Boxie?

Boxie is a cross-age operating system that supports anonymous smart interactive contracts. Boxie is trying to create an operating system that is compatible with all encrypted currency functional areas, and is an anonymous, privacy-protected operating system that supports smart contract interaction. Based on this, Boxie must be compatible with solidity language and EVM, and use zero-knowledge proof to protect privacy.

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How does Boxie realize web3 cross-chain and cross-system interaction?

Boxie mainly uses the relay layer to achieve cross-chain interaction and asset circulation, provided that the solidity language or rust language is also used between multiple chains. As far as we know, ETH and its Layer 2 network, BSC, TRX, Heco and most mainstream public chains use the Solidity language. Under the premise of using the solidity language, the same input generates the same results in different chains, for example, the address generated after the same private key is imported is the same address. Such a code environment provides Boxie with operating space. Different chains can realize cross-chain transfer through a two-step interaction to mapping.

How does Boxie protect web3 privacy and security?

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The Boxie anonymity layer uses a zero-knowledge proof method to achieve the purpose of privacy protection. zero knowledge: no inside information is revealed in the process of proof;
succinct: mainly means that the verification process does not involve a large amount of data transmission and the verification algorithm is simple;
non-interactive:In the blockchain world, multiple interactions between Prover and Verifier are often required to achieve satisfactory reliability, and this technology attempts to completely avoid these interactions.
In addition to the zero-knowledge proof, which is the second layer of protection, Boxie has also made efforts on the first layer of protection. Infog Protocol is one of them. Infog Protocol (Fog Hidden Protocol) is Boxie’s original cross-chain anonymous exchange protocol. The implementation of this protocol The principle is to combine asset A and asset B in the side chain pool at the same time through the side chain. The side chain pool uses the liquidity of existing assets and the price protection of the oracle to achieve cross-chain value exchange.
But it is not enough to realize the cross-chain value exchange. Boxie is always committed to ensuring the privacy of both parties to the transaction. After the assets of both parties arrive in the side chain pool, they will be obfuscated transfers by Boxie nodes, and the amount of obfuscated transfers is proportional to the transaction amount. In theory, the larger the number of actual running nodes of Boxie and the larger the amount of cross-chain transfer, the larger the number of confused transfers, and it is very difficult to trace the actual transaction.
At what stage is the development of Boxie?
According to the Boxie blockchain browser, currently in the trial operation phase of the mainnet, public mining has not yet been opened. Ecological related products have been gradually opened up, such as IDO has been completed (according to the announcement information, there will be no IDO in the later period); the cross-chain bridge Bridge has realized one-way cross-chain, and two-way cross-chain is expected to be launched in the near future; NFT products are also already available Open, mint and auction operations can currently be performed on its dapp page. According to its plan, Metaverse P2E games and E-DeFi related products will be launched one after another.

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Imagination about Boxie as a privacy infrastructure for web3.0

Boxie is the leading private infrastructure track project. What can we do with it in the future?

  1. SocialFi bottom-level support: The current Internet social networking is monopolized by a few giants such as twitter and facebook, using user data for accurate advertising promotion, and data security cannot be guaranteed. It is not uncommon for social media accounts to be sold on the dark web. If you use the bottom layer of Boxie to develop and build SocialFi projects, you will effectively avoid such problems. Both from the perspective of security and from the perspective of user data ownership, it will greatly improve the current social media network landscape. In the future, we are very likely to see a social project built on Boxie where everyone is equal and free from any advertising interference. The ownership of cultural creation is guaranteed, user privacy and security are guaranteed, and user data security is guaranteed. project.
  2. GameFi asset protection: The current GameFi ecosystem has begun to take shape. What Boxie needs to solve is not how to implement GameFi, but to solve the security of GameFi assets and the cross-chain possibility of GameFi assets. At present, most GameFi products run on a single public chain, or only tokens are circulated between different chains, while game data is still supported by centralized servers. Boxie uses the PPoW proof mechanism to upload GameFi metadata and achieve cross-chain at the protocol layer infog protocol and the second-layer network. The game character data can be transferred across multiple main networks, and it will be possible to completely update the current GameFi ecological environment.
  3. Web3.0 metadata encryption protocol infrastructure: All data on the Internet needs space for storage or transfer. Boxie can be used as one of the important options. On the Boxie network, each node is a data storage point. The data is split, packaged, encrypted, and uploaded and downloaded on demand. The process of split-package-encryption effectively guarantees the security of data, and any single node cannot be maliciously controlled. All data, and secondly, under the incentive of tokens, it effectively encourages the positive growth of the number of nodes and improves the efficiency of the network.
    Only a few important tracks have been selected for discussion above. As for other possibilities, such as the old-fashioned DeFi field of lend, swap, cross-chain decentralized option contracts, etc., I believe Boxie has a lot to do.
    As an important part of web3.0 privacy protection, Boxie is looking forward to the future of space.

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