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VP.net Promises "Cryptographically Verifiable Privacy"

2 months 2 weeks ago
TorrentFreak spotlights VP.net, a brand-new service from Private Internet Access founder Andrew Lee (the guy who gifted Linux Journal to Slashdot) that eliminates the classic "just trust your VPN" problem by locking identity-mapping and traffic-handling inside Intel SGX enclaves. The company promises 'cryptographically verifiable privacy' by using special hardware 'safes' (Intel SGX), so even the provider can't track what its users are up to. The design goal is that no one, not even the VPN company, can link "User X" to "Website Y." Lee frames it as enabling agency over one's privacy: "Our zero trust solution does not require you to trust us - and that's how it should be. Your privacy should be up to your choice - not up to some random VPN provider in some random foreign country." The team behind VP.net includes CEO Matt Kim as well as arguably the first Bitcoin veterans Roger Ver and Mark Karpeles. Ask Slashdot: Now that there's a VPN where you don't have to "just trust the provider" - arguably the first real zero-trust VPN - are trust based VPNs obsolete?

Read more of this story at Slashdot.

Slashdot Staff

Fed chair Powell says AI is coming for your job

2 months 2 weeks ago
AI will make 'significant changes' to economy, labor market

ai-pocalypse  It may not happen today or even tomorrow, but US Federal Reserve chair Jerome Powell is confident that someday soon AI is going to seriously change the US economy and labor market. …

Brandon Vigliarolo

WordPress CEO Regrets 'Belongs to Me' Comment Amid Ongoing WP Engine Legal Battle

2 months 2 weeks ago
Automattic CEO Matt Mullenweg said he regrets telling the media that "WordPress.org just belongs to me personally" during a new interview about his company's legal dispute with hosting provider WP Engine. The comment has been "taken out of context so many times" and represents "the worst thing ever," Mullenweg said in a new podcast interview with The Verge. The dispute began when Mullenweg accused WP Engine of "free-riding" on WordPress's open-source ecosystem without contributing adequate resources back to the project. Mullenweg filed a lawsuit against WP Engine while cutting off the company's access to core WordPress technologies. WP Engine countersued, and Automattic was forced to reverse some retaliatory measures. The controversy triggered significant internal upheaval at Automattic. The company offered "alignment" buyouts to employees who disagreed with the direction, reducing headcount from a peak of 2,100 to approximately 1,500 people. Mullenweg said this was "probably the fourth big time" WordPress has faced such community controversy, though the first in the current media landscape. WordPress powers 43% of websites globally. Mullenweg said he wants to return to "the most collaborative version of WordPress possible" but noted the legal proceedings continue with both sides spending "millions of dollars a month on lawyers."

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msmash

In China, Coins and Banknotes Have All But Disappeared

2 months 2 weeks ago
China's transition to digital payments has reached the point where physical cash has nearly vanished from daily commerce, with WeChat and Alipay now handling transactions from supermarkets to public transportation across the world's second-largest economy. Many businesses no longer maintain traditional cash registers and instead scan QR codes presented by customers, while numerous taxis refuse cash payments entirely. The widespread adoption has given tech giants Tencent and Alibaba immense power over routine financial transactions, prompting China's central bank to develop a competing digital yuan currency.

Read more of this story at Slashdot.

msmash