MIMIR Blockchain Solutions, promoted as a decentralized Ethereum service provider, has recently announced a possible solution for the lack of privacy in messages. In particular, the company announced the alpha release of an Ethereum-based messaging protocol called Eth-Mail. According to the MIMIR team, this project stemmed out of necessity, as
“all these new products coming to the market, some companies avoid the work required to provide their consumers with certain protections, or they outright lie about those protections.” The team strongly stands in unison with the people and deems that “securing messaging applications” is an issue that requires immediate attention.
The team also affirmed that some
“applications still suffer from the key escrow problem; messaging servers ultimately still store your public keys. This means that a malicious server could misreport public keys to create a ‘man in the middle’ attack”.
Here is a breakdown of what MIMIR Blockchain Solutions has incorporated to rid their Eth-Mail of hacks or intruders:
- Leverages blockchain as a secure Public Key Infrastructure (PKI) to completely eliminate any tracing or third-party viewing of messages possible
- Usernames are used at the moment, but this aspect is said to be further analyzed in the future
- Uses work function, like that of Hashcash, to provide a Proof-of-Work for messages, while eliminating spams altogether
To add to the list of improvements and features made to the Eth-Mail, the CTO of MIMIR Blockchain Solutions, Hunter Prendergast voiced that the goal is to ensure that the only visible information required to know, is whether or not “you have a message that needs to be delivered,” keeping everything else as private. As for its availability, the Ropsten Testnet currently supports the Eth-Mail, yet, this might change once the MainNet is migrated elsewhere.