Next-generation privacy messaging protocol HOPR protocol, how to protect metadata privacy and security
Original title: "Next Generation Privacy Messaging Protocol HOPR protocol, How to Escort Metadata Privacy Security | AMA Review"
Original Source: BlockArk
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At 7:00 pm on February 23, 2021, BlockArk chief analyst Jimmi had a conversation with HOPR protocol founder Dr. Sebastian Bürgel in UniswapThe Chinese community conducts " the next generation of privacy messaging protocol HOPR protocol, how to protect metadata privacySafeEscort" theme AMA event,This live event is supported by BlockArk, ChainNews, Planet Daily Odaily , Block Beats, Encryption Court media support, the live sharing content is organized as follows:
Jimmi:Hi everyone, welcome to today The AMA held by BlockArk in the Uniswap Chinese community, I am today's host Jimmi, BlockArk's Chief Analyst. At the same time, thanks to Planet Daily, Lianwen, Block Rhythm, and Encryption Pavilion for their support of this event.
Before the event starts, let me briefly introduce BlockArk. BlockArk is an investment banking and marketing agency in the encrypted asset industry. It manages ArkStream Capital, a primary and secondary fund focused on encrypted currency. BlockArk integrates investment, branding, market growth, and strategic consulting, and is committed to promoting Web3.0 grow.
Dr. Sebastian, the founder of HOPR. questions in a question-and-answer format. After 10 questions, it will enter the second stage, free question and answer. Group friends can freely ask guests questions, and guests are free to choose 4-5 questions to answer. The small partners who are selected will share 50U worth of HOPR token rewards together.Dr. Sebastian, hello, can you briefly introduce your team and project before we start?
Hello Dr. Sebastian, can you briefly introduce your team and project before starting?
Sebastian:Hi thanks for having me here, we're a team of 14 people based in Switzerland working on the privacy project HOPR. span>
Hi, thank you for having me here, we are a team of 14 based in Switzerland working on the privacy project HOPR.
Jimmi:Thanks to Dr. Sebastian's introduction, Let's start!
Thanks to Dr.Sebastian for the introduction, our AMA questioning session has officially started!
Jimmi: The first question! Please briefly describe the HOPR protocol. For example, what can HOPR do? What is metadata? What is the significance of metadata privacy protection? What is the background to HOPR's founding?
First question, please briefly describe what HOPR Protocol is and what kind of background it is in Born? what can it do metadata what? What is the significance of metadata privacy protection?
Sebastian:The HOPR protocol allows users to run nodes which form a peer-to-peer privacy network.Data can be sent through the network without exposing the metadata — information like who sent and received the data, when it was sent, and how much and what kind of data was involved. This is vital, because metadata can be used by malicious actors in all kinds of attacks, from hacks to unwanted user profiling.
HOPR is a privacy network node that allows users to run peer-to-peer< /span>A protocol that allows data to be sent over the wire without exposing metadata. Metadata can be described as the object that sends and receives data, the time of sending data, the amount of sending data, the address of sending data, etc. Protecting metadata is critical because metadata can be used by malicious actors in various cyberattacks, such as hacking or user profile attacks.
HOPR was founded in Switzerland in Spring 2020, we attracted Binance as lead investor in our seed round after having been granted a Binance Fellowship already in 2019.
2020springHOPR Established in Switzerland,2Obtained coin in 2019 Ann Scholarship, At the same time, Binance is also the main investor in the HOPR seed round.
Jimmi：Very nice answer, Metadata is data used to describe data, most user have been ignoring its value, so their privacy has been leaked, so it makes huge sense to protect metadata privacy .
Great answer , sosaysmetadata is data used to describe data,butmost users ignore it thusresulting in the leakage of one's own privacyinformation. So HOPR makes sense in protecting metadata privacy.
Jimmi: Next question. Please briefly describe the technical architecture of the HOPR, including the messaging and payment layers.Compared with privacy chat apps such as Telegram and Signal, what does the protocol layer solve?
Second question, please briefly explain the technical architecture of HOPR Protocol, what functions do the message layer and payment layer perform? Compared with the privacy chat apps we are familiar with such as Telegram and Signal, what problems does the protocol layer solve?
Sebastian:The messaging layer handles data transmission throughout the HOPR network.Data packets “hop” through the network, being mixed at each stage. The HOPR proof-of-relay mechanism ensures that data reaches its destination without anyone knowing the identity of the sender and receiver or the full route the data took.
< p>The messaging layer is responsible for handling data transmission throughout the HOPR network. Packets "hop" through the network to mix at each messaging stage, and HOPR's proof-of-relay mechanism ensures that data reaches its destination without anyone else knowing the identity of the sender and receiver or the full path the data took.
Node runners are rewarded in HOPR tokens for relaying data. This is handled by the payment layer. The payment and messaging layers are deliberately kept separate to ensure that payments can't be linked to individual messages. This is a common way that metadata is leaked via blockchains, and by severing this link we ensure that HOPR can provide privacy without being a privacy token.< /p>
Users passing data via running nodespass will Get rewarded with HOPR tokens, this is handled by the payment layer. The intentional separation of the payment layer and the messaging layer is to ensure that payments are not linked to a single piece of information, as this is a common way for metadata to leak through the blockchain. By separating the messaging layer from the payment layer, we canallow HOPR to provide privacy without being a privacy token.
Telegram and Signal focus on end-to-end encryption, which is an important part of data privacy, but does little to protect metadata. Metadata exposes your privacy, even if the content of your message is protected.
Telegram and Signal
Telegram and Signal focus on end-to-end encryption, which is an important part of data privacy protection, but does little to protect metadata . For example, even if a useruses mailwith protected email content, metadata exposesusersPrivacy, such as sending time, address, content size, etc.
HOPR isn't just limited to chat. The messaging layers can handle any kind of data, not just what we'd normally consider “messages” in everyday usage.
The messaging layer can handle anytype of data, not only Limited to the "messages" we usually use in our daily life.
Jimmi: Good answer, The third question is what is the difference between the HOPR protocol and other privacy messaging protocols? Does it only provide privacy for metadata?
Great answer,HOPR and other privacy messages What's different about delivery protocols? Is it privacy protection only for metadata?
Sebastian:There are several privacy-preserving messaging protocols but they usually focus on some specific layer or application. For example, Matrix is a fantastic protocol that is used in many real-time communication networks. But with HOPR we are providing a foundation on top of which other protocols can operate with network-level privacy. In this way HOPR is complpentary to a lot of protocols like Matrix but HOPR also provides network-level privacy for blockchain application for truly private transactions — on-chain and off-chain, that's why we call it a layer 0 protocol.
There are many privacymessaging protocolsoften focus on some specific layer or application . For example, Matrix is a great protocol that is used in many real-time communication networks. However, HOPR could provide the foundation for other protocols to operate with network-level privacy. In this way, HOPR can create many protocols similar to Matrix, and HOPR also provides network-level privacy for blockchain applications, providing real on-chain or off-chain private transactions, which is why we call HOPR a layer 0 agreement.
Jimmi: We believe the HOPR protocol will be integrated into many DApps and DeFi products in the future as the protocol layer for data privacy transmission. Next question, How will these DApps interact with the HOPR protocol?
We believe that HOPR Protocol, as a protocol layer for data privacy transmission, will be integrated into many DApps and DeFi products in the future. The next question is how these DApps will integrate with HOPR in the future Protocol cooperation?
Sebastian:I hope to see integration into Ethereum (and other chains') wallets, nodes and hosted services.In that way your wallet would send transactions through HOPR to an Ethereum full node or a service provider like Infura or Alchpy without giving thp access to information that they should not have in the first place.In a privacy-respecting DeFi world, nobody should know your IP address and know that you, e.g., just sent money to a DEX.
I want to integrate with wallets, nodes and escrow services on Ethereum and other public chains. In this way, the user's wallet will be able to send transactions to full nodes on Ethereum or node service providers such as Infura and Alchpy through HOPR, and will not give them permission to access what they should not have Userinformation. In the privacy-respecting DeFi world, no one will know the user's IP address, for example, no one will knowauseron a certain day Senddigital assets toaexchange.
Jimmi:Thanks for your clear answer! HOPR received grant support from the Web 3 Foundation in 2019, and gained a lot of attention in the Polkadot< /span> ecosystp.On the other hand, you definitely hope that more developers can join you and build a product based on the HOPR protocol.Will it help the developer community and the non-developer community?Do you have plans to cooperate with more developers or the Polkadot project? What are your plans for the next parachain slot auction?
< span> Thanks for the clear explanation! At the community level, we saw that HOPR received Grant support from the Web 3 Foundation in 2019 and gained a lot of attention in the Polkadot ecological community. On the other hand, you definitely hope that more developers can join you and build products based on the HOPR protocol. You have plans to cooperate with more developers or Polkadot projects ? What are your plans for the next parachain slot auction?
Sebastian:HOPR did receive a grant to build a payment layer implpentation of HOPR for the Polkadot ecosystp in Substrate. We appreciate the efforts of Polkadot and are actively exploring more scalable chains than mainnet Ethereum. That's why we also ran testnets on other side chains such as xDAI, Matic, Binance Smart Chain and Ropsten.
HOPR has indeed received a grant from the Web 3.0 Grant, and has built the Polkadot ecosystem's HOPR payment layer based on Substrate. We are grateful for the efforts of Polkadot, and we are actively exploringin addition to the Ethereum mainnetother extensions network. This is why we are also running testnets on other sidechains such as xDAI, Matic, Binance Smart Chain, and Ropsten.
We plan to support the developer community with APIs, SDKs and developer documentation and tooling and are also looking forward to the first apps that are useful to non-developers.
We plan to support the developer community through APIs, SDKs, developer documentation and tools, And the first apps that will be useful to non-developers will also be live.
Our initial launch will be on Ethereum and maybe other EVM chains first before we explore other chains like Polkadot and therefore we will not participate in the next parachain slot auction.
Our first release will be on Ethereum and other EVM chains first, and then Then explore other chains like Polkadot, so we won't be participating in the next parachain slot auction.
Jimmi: Very nice answer, the next question is how can users participate in the HOPR ecosystp? What are the benefits for HOPR token holders, and how can they get more tokens?
explainedveryOK,The next question is how do users participate in the HOPR ecosystem? How can token holders earn more?
Sebastian:Users can participate in the HOPR network by running a HOPR node. It's easy to run a node on almost any device, and we also have a plug-and-play hardware node available. Users can stake HOPR tokens to receive more HOPR tokens as a reward for relaying data.
Users can participate in the HOPR network by running a HOPR node. Users canrun nodes on any device, and we also provide plug-and-play hardware nodes. Users can pledge HOPR tokens to receive more HOPR tokens as a reward for transferring data.
Once the HOPR protocol is feature complete, the development team will switch to working on an API which will allow people to build dApps on top of HOPR.
Once the functions of the HOPR protocol are completed, the development team will turn to enable users to build Dapps on top of HOPR APIs.
Jimmi: Good answer, Next question is related to HOPR token. Does the HOPR token have any functions besides being used for node rewards ?For example, is HOPR also a governance token? How will the HOPR token sustain its value in the long run?
Clear Answer, the next question is about the token economy. Besides being used for node rewards, is the token HOPR also a governance token? Does it have any other functions? What is the logic of the long-term price increase of HOPR?
Sebastian:The HOPR token has three main uses: Users can pay with HOPR tokens to send data through the HOPR network privately and securely.
HOPR tokens have three main uses: users can use HOPR tokens to pay, to send data privately and securely over the HOPR network.
Node runners can stake HOPR tokens in their nodes to be rewarded for relaying data.Node runners receive fees in HOPR for the data they help to relay, including a large number of tokens distributed in the form of cover traffic - arbitrary data which helps boost metadata privacy for everyone in the network by obscuring usage levels.
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Node runners can stake HOPR tokens in the node to get rewards for transferring data. Node operators help transfer large amounts of data in the form of masked traffic, masking usage levels, thereby increasing metadata privacy for everyone on the network.
Finally, the HOPR token gives users voting power in the HOPR Association DAO, launching at the end of 2021.
Finally, the HOPR token will give community members voting rights in the HOPR DAO, which will launch in late 2021.
As metadata privacy becomes increasingly important, the dpand for technology like HOPR is only going to increase. Billions of gigabytes of data are sent every hour, and this figure is only going to grow. This represents an enormous market for HOPR in the medium and long term.
As metadata privacy becomes more important, the need for technologies like HOPR will only increase. Billions of gigabytes of data are currently being sent every hour, and this number will only continue to grow. In the medium and long term, HOPR still has a huge market.
Jimmi: Very nice answer, we also Believe the point that metadata privacy will become more important than ever before. Next is the eighth question: According to the roadmap, the HOPR DAO will be launched in the second quarter of this year. Can you explain HOPR's plan for transitioning to DAO governance? What authority does the current HOPR Genesis DAO hold?
Great answer, IWe also believe that metadata privacy will become more and more important in the future. Next is the eighth question. I saw on the Roadmap that HOPR DAO will be released in the second quarter of this year. Can you explain the DAO governance plan of HOPR Protocol for us in detail? What is the scope of governance authority of the current HOPR Genesis DAO?
Sebastian:The HOPR Genesis DAO was given full control over the distribution of the 85m tokens in the public allocation fund. This was the sole function of the Genesis DAO, and it performed it admirably. It's currently uncertain whether the Genesis DAO will be called upon to make new decisions.
HOPR Genesis DAOCompletely Completely controls 8500 during the publicpublic fundraising process< /span>The distribution of ten thousand tokens. This is currently the only function of Genesis DAO. It is currently uncertain whether the Genesis DAO will make a new decision.
The full HOPR Association DAO will be launching later in the year, in time for our first mandated annual general meeting. This will be a full-blown DAO with tokenized voting for all HOPR token holders.Unlike other projects where token holders are limited to technical decisions like adjusting parameters, we plan to tokenize almost every aspect of HOPR governance.For example, token holders will be able to vote on the constitution of the HOPR board.
Complete HOPR DAOwill be on< span>This year will start in the second half of the year, when we will also hold the first annualcommunity member meeting. This will become a full-fledged DAO with tokenized voting for all HOPR token holders. Unlike other projects where token holders are limited to technical decisions such as governance to adjust parameters, we plan to tokenizenearly every aspect of HOPR governance change. For example, token holders will be able to vote on the composition of the HOPR committee.
Jimmi: The next question is the one of which investors are most concerned about, We noticed that the HOPR Genesis DAO voted to hold a public token distribution starting on February 21st.The entire process is divided into three stages.Can you tell us more about thp?
Next is one of the most concerned issues for investors. I noticed that according to the HOPR Genesis DAO voting, the token public offering plan will start on the 21st of this month. The entire public offering process is divided into 3 stages. Can you explain this in detail? three stages? What are the benefits of this arrangement?
Sebastian:Certainly. The three phases of the HOPR public launch are designed to balance rewarding our loyal community, finding a price for the HOPR token and establishing long-term liquidity.
Of course! The purpose of the three-stage HOPR public offering is to reward our early community members and also to establish a price for the HOPR tokenPrice Discovery< /span>and provide long-term liquidity.
In Phase 1, Genesis DAO mpbers were able to buy an equal share of 50 million HOPR tokens (16,000 each).
span>
In phase 1, Genesis DAO members will be able to purchase 50 million HOPR tokens equally (16,000 per address).
In Phase 2, 30 million HOPR tokens will be placed in a Balancer Liquidity Bootstrapping Pool, balanced against the capital raised in Phase 1. This is the first time the HOPR token will be publicly available and will serve as a price-finding exercise.Phase 2 runs from February 24th to February 27th.
In Phase 2, will Placing 30 million HOPR tokens in the Balancer liquidity pool, in balance with the funds raised in Phase 1. This is the first public offering of HOPR tokens, and also a price discovery of HOPR tokens. The second phase lasts from February 24th to February 27th.
Finally, in Phase 3 the DAI and HOPR in the LBP at the end of Phase 2 will be transferred to a Uniswap pool, along with 5 million HOPR tokens provided as liquidity mining incentives.
Finally, in Phase 3, LBP’s DAI and HOPR are At the end of Phase 2, it will be transferred to the Uniswap pool, and 5 million HOPR tokens will be provided as rewards for liquidity mining.
Jimmi: Very clear answer. Next is the final question of stage one. The most recent HOPR testnet, Titlis, was launched on January 19th, the first time the messaging and payment layers were tested simultaneously. Can you briefly describe the performance of the testnet? Did it meet your expectations?
Sebastian:Our testnets have all been a great success, and Titlis was no exception. We Had Over 1,000 PARTIPIPANTS and Were Able to Conduct Sosting Testing On the Network, Including Seeing FEATORES LIKE AUTOMATIC ROUTE FINDING and CHANNEL O. Pening Behave at Scale, something which we're unable to do Internet.
Our testnets have all been hugely successful, and Titlis is no exception. We have over 1,000 participants and are doing some great load testing on the network, running certain features like automatic route lookup and channel opening at scale that our in-house team alone couldn't do.
The dev team have used this data to finalize our HOPR Jungfrau release, which is due to go live before the end of the month .
The development team will use this data to finalize our HOPR Jungfrau version, which will be released by the end of this month.
Jimmi:Thanks to the Dr. Sebastian for his wonderful sharing.Our first stage of the thpe Q&A comes to an end, and then we enter the free Q&A stage.Group friends can freely ask questions to guests, and guests are free to choose 4- 5 questions to answer.The small partners who are selected for the question will share a reward of 50U worth of HOPR tokens.Then our freedom issue now begins.
Thanks to Dr. Sebastian of for his wonderful sharing, our first phase of Q&A has come to an end, and then we will enter the free Q&A period. Group friends can freely ask guests questions, and guests are free to choose 4-5 questions to answer. The small partners who are selected will share 50U worth of HOPR token rewards together. Then our free question session starts now:
[Free question and answer session]
Q:Is the principle of metadata privacy protection the same as that of tonardo? Can anonymous transactions be realized by HOPR? span>
Is the principle of metadata privacy the same as that of tonardo? Can anonymous transactions be realized?
Sebastian:There are several on-chain privacy projects such as Tornado Cash, Zcash and many others. So far, they are all lacking a network-level privacy solution for full-stack privacy. Privacy is only really meaningful if it is seen holistically and thus HOPR is complpentary to all these on-chain solutions and in an ideal world you would broadcast your Tornado tranasactions through HOPR.
There are several on-chain privacy projects such as Tornado Cash, Zcashand others. So far, they all lack a full-stackstylenetwork-level privacy solution. Overall, completeprivacy is really meaningful, so HOPR is a complement to all these on-chain solutions, and ideally case, the user should pass the transaction of Tornado via HOPR.
Ask: When and how does hopr node mining run?Will the mpbers of Genesis Dao become nodes?
How does the mining of HOPR nodes work?How will the members of Genesis Dao become nodes?
Sebastian:HOPR node runners will not actually run a miner but a relayer - they are relaying traffic on the HOPR network and are rewarded for that in HOPR tokens.The HOPR network will launch next week after token distribution finished.But cover traffic incentives (similar to staking rewards) will only be active in 2-3 months so that we can have a smooth soft-launch of the protocol.
Anyone who has HOPR tokens is encouraged to run a HOPR node.< /span>
HOPR node runner will not actually runminingmine span>ratherrelayers - they pass trafficon the HOPR network and are rewarded in HOPR tokens for doing so. After the token distribution is complete, the HOPR network will launch next week. But the incentives (similar to staking rewards) will go into effect in 2-3 months so that we can have a smooth soft launch of the protocol. We encourageeveryone withHOPR tokens to run a HOPR node.
Q:Because your tilt test network has the most comprehensive data and the longest test time, using the BSC network, will it be integrated into the BSC public chain first?
Because of your tilt The test network has the most comprehensive data and the longest test time. It uses the BSC network, so will it be integrated into the BSC public chain first?
Sebastian:After HOPR has crashed the Binance Smart Chain endpoint we will not launch on BSC but will actually work on the xDAI chain for launch. But mid term we hope that the gas fees on Ethereum will go back to much lower levels (for example with Layer 2 solutions such as Optimism) and we will be able to run HOPR on main net Ethereum .
After HOPR crashes the Binance Smart Chain endpoint, we will not be launching on BSC, actuallywewill launch on the xDAI chain. But in the medium term, we hope that Ethereum gas fees will return to lower levels (for example, using layer 2 solutions such as Optimism), and wehope to Enough to run HOPR on main Ethereum.
Q:How is the initial ratio of LBP determined? Is it the first phase of the fund raising xDAI and 30 million HOPR?
< span>How is the initial ratio of LBP determined? Is it using the first stageof fundraising xDAI and 30 million HOPR?
Sebastian:The initial price on LBP is determined by the LBP mechanism: All xDAI raised in the public presale is converted into DAI and then together with all available HOPR token (30'000'000) the starting price is determined by the maximal weights (96:4) which leads to a starting price of $1.9 on LBP. However, it is important to understand that the starting price has no meaning for an actual market price. We do not recommend anyone to buy the starting price. Wait for LBP price to get lower and if nobody buys then the price should be at reasonable levels within 12-24 hours after start. That is the way how a price finding starts and that is why we think Balancer LBP is the best way to launch a token in early 2021 (year of the `0x ` :)
The initial price of LBP is determined by the LBP mechanism: all xDAI raised in the public pre-sale Will be converted to DAI and then together with all available HOPR tokens (30'000'000) the starting price will be determined by the maximum weight (96:4) This results in a starting price of $1.9 for LBP. However, it is important to understand that the starting price has no meaning for the actual market price. We do not recommend anyone to buy starting. Wait for the LBP price to drop, if no one buys then the price should be at a reasonable level within 12-24 hours of starting. This is how the price is discovered, which is why we think Balancer LBP is the best way to issue tokens in early 2021 (`0x year: ).
Q: Do I still have a chance to become a mpber of genesis Dao?
Is there still a chance to become a member of genesis Dao?
Sebastian:Unfortunately you cannot become a mpber of the Genesis DAO anymore. The Genesis DAO is available to eveyone who participated in the HOPR testnets - a total amount of 3344 people, over 90% of thp participated in the this presale, so this was a huge success that we really did not expect and we are looking forward to the next phase of the HOPR token launch on Balancer LBP that is open to everybody.
Unfortunately you can no longer be a member of Genesis . GenesisDAO is available to everyone who participates in the HOPR testnet - a total of 3344 people, more than 90% of them participated in this pre-sale, so this is a huge success, we really did not expect it, and we look forward to the next Phase HOPR Token LaunchLBP is open to everyone.
Sebastian:Thank you for hosting us here, we're looking forward to see you all on LBP & Uniswap very soon :-)
Thank you for hosting us here, we look forward to seeing you soon at LBP & Uniswap You:-)
Jimmi:Great, the AMA is over today, thanks to Dr. Sebastian's sharing.
OK, This is the end of today's AMA. Thank you again for Dr. Sebastianfor's wonderful sharing. Additional award-winning partners can privately chat with sumi@BlockArk assistant registration information. Thank you for your active participation!
You can also pay attention to HOPR’s official website and community,toGet more information
HOPR official website: hoprnet.org
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HOPR Community Telegram: http://t.me/hoprnet
HOPR WeChat Official Account: HOPR
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