Tech 5 June 2018Erik Gibbs
Keyport app allows encrypted messages using the BCH blockchain
A new encrypted messaging platform is now available on the Bitcoin Cash (BCH) blockchain. The Keyport application, which utilizes OP_Codes to send and receive encrypted messages, is built using the Toku Protocol and is now available in the Google Play store.
Keyport is a product of Atlantislabs and, according to the company’s website, allows for “uncensorable chatting.” Atlantislabs co-founder Shravan Shandilya, explains, “The peer to peer messaging app Keyport built on BCH Blockchain. Therefore, messages are encrypted and fixed in OP_Return of a transaction. The chats can be decrypted by only intending recipient. However, for every message, it needs to transfer a duct and a small miner fee.”
Shandilya further detailed the system, saying, “As the protocol is built over the decentralized blockchain, third parties cannot intercept or block your chats. Such as what is being done to messaging apps like Telegram. The protocol can be extended to enable future privacy, by generating one-way ephemeral secrets.”
Keyport comes through a partnership between Shandilya and Sumanth Neppali. Both are noted proponents of BCH who point out that innovation in the crypto space has been suppressed due to a debate over Bitcoin scaling. The pair is currently investigating how to create 0-confirmation payment gateways for cryptocurrencies.
With regards to payment gateways, Shandilya points out, “What we observed was that merchants already had payment gateways and we should look at other ways to increase user adoption. Around the same time, we observed that censorship on multiple platforms such as Twitter, Reddit has become rampant. We saw firsthand that when information controls as in the case of the bitcoin subreddit, people cannot see the other perspective.”
Keyport has its own Telegram group where users can provide feedback and report issues with the platform. The company is also in the process of searching for new talent interested in working on the program, and hopes to have an iOS version ready for release within the coming weeks.
The BCH hard fork last month is greatly responsible for bringing back OP_Codes to the blockchain. The ability to create the coding tidbits was not introduced when BCH was created from Bitcoin due to serious security issues; however, those issues were addressed prior to the May hard fork. The result is a more robust cryptocurrency platform capable of versatile functions that enhance the blockchain’s performance substantially more than what can be found with other platforms.
Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Satoshi Vision (BSV) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BSV is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.
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