time-lock

Time-Lock Encryption for Secret Sharing

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Core Components:

1. Shamir's Secret Sharing Scheme
2. Decentralized Sources of Wall-clock Time
3. Peer-to-peer Discovery of Key-Service Providers
4. Consensus of Key-Service Providers
5. Decentralized Storage of Encrypted Content

Plan Summary:

There will be N number of active key-service providers discovered by a user in a given time such that 2 < K < (N/2) < M < N where K is the number of key-service providers that will be chosen randomly in the time-lock encryption process and M is the number of the providers that will approve the selection of K providers.

The user will set the number of total shares as ts such that ts = K and the minimum shares as ms to encrypt their secret using Shamir's Secret Sharing Scheme.

Decentralized Sources of Wall-clock Time

TODO

Plans:

• Block timestamp from Decentralized Blockchains
• Self-hosted NTP servers

Peer-to-peer Discovery of Key-Service Providers

TODO

Plans:

• IPFS Pub-Sub
• Self-hosted Signaling for WebRTC
• Self-hosted HTTP API

Consensus of Key-Service Providers

TODO

Plans:

• Majority voting counted by the user
• Surprisingly Popular algorithm

Decentralized Storage of Encrypted Content

TODO

Plans:

• IPFS
• Arweave
• Self-hosted