it's easy to secure this by having the company NOT hold any valuable data:
Use the data (like face) on the phone to generate a reproducible random hash, use that hash as a seed to generate private key.
No need to store anything on a server ever.
it's easy to secure this by having the company NOT hold any valuable data:
Use the data (like face) on the phone to generate a reproducible random hash, use that hash as a seed to generate private key.
No need to store anything on a server ever.
what you are talking is scifi, impossible to generate private key from facial data. It is also impossible to verify if one is the original user without storing any personal data.
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
14gs2ZrqT4xf4YQeP8NvnJaoUQWw7ojQJg VerifiedWhy is it impossible to generate private keys from facial data?
I understand why you ask the question. A lot people have same doubt that Volt generate private key by users' face and it can be used to unlock a bitcoin wallet. Those who think so have no idea about how encryption works in bitcoin.
I understand why you ask the question. A lot people have same doubt that Volt generate private key by users' face and it can be used to unlock a bitcoin wallet. Those who think so have no idea about how encryption works in bitcoin.