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Read all about it at the above link. There’s way too much to process here. This is going to be wild.
So they have access to your crypto keys right?
Not necessarily, no. I won’t even bother reading the stuff, but it is perfectly possible to have systems where user’s cryptographic keys are kept under the sole control of the user, being using client-only known secrets for encryption, wallet-like software, or even more basically keeping the key only in local storage and telling the user the seed so he can “recover” it if the local storage gets wiped/lost.
Bottom point is, it is very possible to do so, and it can be done in a safe-enough manner for most people without much hassle. Of course, that’s theoretical; weither or not corporations care about actual privacy, control, and are willing to work toward these is another matter entirely. But the technology have been there for years.
Bottom point is, it is very possible to do so, and it can be done in a safe-enough manner for most people without much hassle. Of course, that’s theoretical; weither or not corporations care about actual privacy, control, and are willing to work toward these is another matter entirely. But the technology have been there for years.