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Proton Now Has a Bitcoin Wallet (www.howtogeek.com)

submitted 5 months ago by [email protected] to c/[email protected]

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[–] [email protected] 3 points 5 months ago (2 children)

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?

[–] [email protected] 3 points 5 months ago (1 children)

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

[–] [email protected] 2 points 5 months ago* (last edited 5 months ago)

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!

[–] [email protected] 1 points 5 months ago* (last edited 5 months ago)

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.