Keet is a peer-to-peer video chat application that has been completely encrypted and was developed by Tether, Bitfinex, and Hypercore.
Tether, Bitfinex and Hypercore Launch Holepunch 🕳️🥊 , a Platform for Building Fully Encrypted Peer-to-Peer Applications
— Tether (@Tether_to) July 25, 2022
Read more ⬇️https://t.co/RDxvLW9FRS
These three businesses have partnered before; in fact, they previously worked together to introduce Holepunch, a web application development platform3.
Keet would have been the first app created on Holepunch because it would have been developed using this platform, which was also launched today.
For the sake of liberty
You might be asking what the driving forces behind this effort, which is being spearheaded by these influential cryptocurrency figures, are. This can be summed up in two terms, says Paolo Ardoino, director of Bitfinex, Tether, and Holepunch: freedom of expression.
According to the latter, “an individual’s sovereignty can only be acquired on the condition of having freedom of expression.” For this reason, he believes it is essential to advance the situation by bringing a decentralized communication tool like Keet to reality.
Indeed, the security of this application is meant to set it apart from more traditional and centralized web2 communication tools like Google Meet or Zoom.
Regarding this, Ardoino said:
- Privacy is one of the most neglected human rights. Everyone should be able to say what they want to their parents without fear of being overheard.
As a result, Keet will enable you to call your loved ones without storing any information on a server. You are assured of complete confidentiality.
Incorporating cryptocurrencies
Keet will now accept both Lightning Network and Bitcoin payments, according to the project’s founders. Users would also have the option of sending content producers Bitcoin.
Twitter and Telegram were the two well-known communication applications available at the time that permitted such capabilities.
Keet consequently aims to compete with the latter two as the preferred application for bitcoin fans. But not only…
projects with high goals and a desire for democracy
Bitfinex, Tether, and Hypercore are aiming high with Keet. According to Mathias Buus, CEO of Holepunch:
- This app is for everyone.
As you probably already know, Keet is not just meant for cryptocurrency enthusiasts but rather aims to be as inclusive as possible in order to reach the general population.
These three businesses rely on the application’s quality, both in terms of ergonomics and video quality, for this. If we are to believe the creators’ words, the latter should be “extraordinary.”
Speaking of Holepunch, the three businesses Tether, Bitfinex, and Hypercore have already invested $10 million in it, and they noted that tens of millions of dollars may be added in the future.
Thus, the platform, which is now not open source (although this should change throughout the year), could be extremely crucial for the development of web2 and web3.
In particular, it ought to aid in the introduction of numerous future apps that are just as promising as Keet. We now know that it won’t be built on a blockchain, but rather on the Lightning network, which will provide speedier transactions at a reduced cost. As a result, it might, for instance, provide new users with an easy-to-understand introduction to the world of cryptocurrencies.
Additionally, because the application is currently in alpha form, it is only available on computers right now. Later in the year, in November, a mobile version should become available.
By downloading it from the project’s official website, you can currently test it out on your PC. As a result, you can obtain a sense of the philosophy behind this application and determine whether or not its quality and ergonomics are suitable for you.
