Last updated on June 4th, 2013 at 03:55 pm
After seeing the power of Bitcoin, we are now witnessing a new movement arising: Bitmessage, a protocol that implements some of the ideas of the digital currency world into communications.
Like Bitcoin was born from the need of an unregulated currency, the same happened with Bitmessage, which provides a more private way to communicate. Nothing like your traditional email, which may seem safe, but it’s easily controlled.
Don’t get us wrong! We’re not encouraging people to use Bitmessage for evil, of course. We’re only saying that it’s nice to have a totally private way of sharing information.
Living in the cloud computing era means that all our information ends up stored in data centers across the world. The service is convenient and fast, but it makes us lose the control we thought we had over our virtual conversations and documents.
So, this is why Bitmessage was created. The messaging system works just like Bitcoin: it’s a decentralized and peer-to-peer protocol that generates a unified system able to encrypt every message. It keeps your communications safe, but it also keeps you and the receiver secure (and anonymous).
Look at it like a decentralized email server, but with obscured addresses, where transmissions are secure and cannot be fabricated. Bitmessages are encrypted with the public key of the recipient. Then, a proof-of-work system demands that the client solve a computational problem to send the message. If everybody started adopting a similar rule, a major issue could be prevented: spam, of course.