Friday, June 21, 2024

Nillion The 💊Nill Pill💊 is live

Nillion Network is a secure computation network that decentralizes trust for high value data in the same way that blockchains decentralized transactions.
The most critical step to getting into the Nillion army. The 💊Nill Pill💊 is now live.
After taking the Nill Pill, you get an NFT. Holding this NFT is vital. It will be your best friend in the Nillion ecosystem (for many reasons).
NFT holders will be granted priority access to our Community Round.
Here’s the quiz answers:
Video 1:
Q: What would be the difference between using ChatGPT today and a TRULY personalized AI that can act as your digital twin?
A: A truly personalized AI has access to “level 3” data, allowing it to mimic an individual’s behavior, preferences, and manner of speech, whereas ChatGPT provides generalized responses.
Own words: –
Q: What is the key issue with sharing Level 3 data with AI?
A: It exposes highly sensitive information to potential breaches.
Q: Why do 59% of consumers feel uncomfortable using personalized AI?
A: Data privacy concerns due to centralized control.
Video 2:
Q: What is the Data War?
A: A struggle to protect personal data from being exploited by third parties.
Q: Current widely used methods of encryption have a big flaw. Describe that flaw in your own words.
A: Complexity
Q: In a world where truly personalized AI needs your “level 3 data”, why is Blind Computation necessary?
A: It enables data to be processed without exposing it, thus protecting personal privacy.
Q: How does blind computation work on a high level?
A: Data is masked, split among multiple nodes, processed without being seen, and then reassembled.
Video 3:
Q: What are Privacy-Enhancing Technologies (PETs)?
A: Advanced technologies that protect data privacy, including techniques like Multi-Party Computation and Zero-Knowledge Proofs.
Q: There isn’t a “silver bullet” PET that fits every use case – how does the orchestration layer solve this?
A: By facilitating the integration and coordination of multiple PETs, allowing them to work together based on their individual strengths.
Q: Innovation in the world of PETs is currently stuck in “silos” – how does the orchestration layer solve this and leverage every breakthrough in the PET world?
A: Write in your own Words
Q: Why is there no single Privacy-Enhancing Technology (PET) that can solve every problem?
A: Because different PETs have different strengths and weaknesses, making them suitable for different use cases.
The sooner you complete the Nill Pill, the better. Beyond the community round, you may need the Nill Pill for something else this week
Monesh Kumar
Monesh Kumar
Monesh Kumar is a cryptocurrency and blockchain enthusiast. He trades cryptocurrencies and holds some but he prefers holding Bitcoin, Ethereum & Cardano.

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