It's using a decentralized backend. No, it's not using any existing blockchain, nor does it have any tradable token. It does have some blockchain properties, but the main layer is built on top of libp2p.

Agreed it's a very hard problem. We're in the process of forming a syndicate of like-minded parties who are interested in seeing this come to life because the model itself has no exit plan and is basically anathema to traditional capital funding.

Also, to be clear, names are hashed/salted in the backend with Argon2ID and a rotating salt. So the name index itself isn't enumerable, but it doesn't necessarily guarantee names are private once they are shared publicly. Theoretically you could lookup someone based on their public key without knowing their name - so in that sense it's somewhat close to what you're describing.

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iamnothere 2 hours ago | parent [-]

Interesting. Yes, the possibility of direct key lookup would solve the problem, especially if existing contacts remain connected even after name expiration/revocation.

Perhaps you could do a name presale, although I’m not sure that would be enough funding. I look forward to hearing more about it.

	▲	aliasxneo an hour ago \| parent [-]
		We'll probably do a name presale, but this is deep tech/big infra we're setting up, so it wouldn't be enough. That's why we're busy partnering with like-minded individuals to do a non-traditional raise. We did start with the more traditional route, but all of them (including a16z) were baffled by our choice to not resort to degenerate behavior (i.e. a16z in particular refused to play game without making a token and listing it on a DEX). Anyone interested can reach me directly at hn@sepositus.com (this is a SimpleLogin alias to protect my email from spam).