 So I'm here from Lawrence Systems and as if 2020 wasn't weird enough and unexpected news The latest one here in May is key base was acquired by zoom not something I seen coming for sure Maybe some of you did but I certainly got caught off by this and I've reviewed key base before I think it's a really solid product with end-to-end encryption great for communication great for identity verification where it started out early But it's acquisition by zoom. I thought it's something worth discussing before we get into that We will first you like to learn more about me or my company head over to Lawrence systems calm If you'd like to hire sure project there's a hires button right at the top if you want to support this channel in other ways There's affiliate links down below to get you deals and discounts on products and services We talk about on this channel including a link to our patreon if you like become a patreon supporter We also have a swag store where you can get shirts and other items that are for sale and that changes from time to time What's available and what's not so go ahead and check that out frequently and Finally our forums if you'd like to have a more in-depth discussion about this video suggestions for new videos or just reach out Say hi and talk tech our forums are a great place for that. All right now back to the content So from their blog post here on May 7th of 2020 today. We're announcing zoom acquired key base Yeah, I know it's of all the strange news happening here in 2020. That's interesting Now let's talk about key base and that's what I want to talk about here From the business standpoint of it and what the key base team will be doing initially our single top priority is helping make zoom even more secure There are no specific plans for key base app yet ultimately key bases future is in zooms hand and we'll see where that takes us of course if anything changes about the key base Availability our users will get plenty of notice, which is a pretty fair assessment. I think that's a Decent intro for there now. Let's first take a business perspective of it It is not easy to interview and hire someone for a job. It is harder to build a team It is really hard to get a bunch of people together to cooperate and see the long-term outcome of that They will build a solid product, but in the tech world. We see aqua hire all the time or acquisition by hiring Or hiring by acquisition. However, you want to word that what we're talking about is you know The key base team does their thing the key base team built this incredible product that has end-to-encryption all kinds of great features It's a solid platform. They've been building it for a while. Don't have a business model That's an important aspect here but have a really great product that even went through and passed a code review and Really wild when you dive into just you know, they funded all this themselves and the team put this together And it's just it's an amazing product then you have zoom Right place right time had a good product better than a lot of the competitors Had some problems with default security settings have some misstepings with with privacy and you know some other issues But with everything that happened in 2020 they skyrocketed to the top by being that right place right time right product But then all the problems they had that were small were amplified by the scale at which they grew That's how that works So if you have a small problem with a million users you have a big problem with like 40 million users So as they scale they realize you have problems now They've already reached out fix some of the concerns stopped some of the development into new features to repair all the little problems that Zoom has they've also hired some external security auditors, but external security auditors They just poke holes at stuff and tell you everything you did wrong You have to fix all the things that the security researchers fine. So that's where key base comes in odd match But maybe not so odd key base team knows how to build that solid and an encryption product So you acquire that entire working functioning team and you just say hey fix all of our problems solve all of the riddles that we have with our code base and everything else and you know get this product on track Hey, these security researchers are going to poke holes at it You guys passed a security audit on self-designed systems, which they didn't just pass a security audit on you know Implementation of an existing system. They reinvented systems and passed a security audit that takes a lot of skills So they were obviously a very smart team to put this together at key base Which made them very tempting to zoom who is cash rich and Product well product quality poor maybe not too bad, but at least some issues there that have been found with zoom So putting these two things together from business standpoint completely makes sense now the key base team Why'd they sell out weren't they trying to build this product? I don't really see it Is that honestly any developer especially ones who are really talented in building a new security product? It isn't just about building a security product It's about seeing that product go to market and maybe even go to market at scale key base as much as I love it I know many of you probably watching this command. I really like this product. That's not scale zoom has scale So I think it's going to be interesting for them And they're going to be excited to take and work on a product at this scale They can kind of prove out your theories. This is like anyone you know a scientist He doesn't want it just to prove he wants to see his theory entirely proved out prove that the product's viable prove that it Can be done and I believe that's undoubtedly what that team wants I actually think it's great They took this because they're gonna learn a lot from it. They're gonna learn about about scalability And I think maybe they'll bring that back to key base key base itself is open source And despite my earlier when I first in for those of you that may have messaged me on key base You know, I'd said I don't know man I don't know maybe I'll delete this but I haven't I've kept it because I think that was a bad reaction On my part and I think that I should give them a chance because the product may live on We don't know what zooms gonna do with it. I don't think it really fits their business model I think they cared they wanted the team not the product the product was just something those team made is kind of a proof of Concept that they're a good security team. So zoom will probably leave it alone my guess But I don't know and the key base servers Well, all the stuff's open source that they built this on and well if it's still working It was ended encrypted before and you can read the security port It's ended encrypted no matter who owns the servers. That was the entire point key base had from the get go Their architecture was to design a system that no matter who had the back-end servers the data passes to it encrypted levels Therefore, you can't see the data the private chats the private sharing of files all the features and Amazing set of features that they've integrated in a key base. Well, they're still there and they're still open source And they're still implemented the same way so unless there's any major changes to that product and at that point either one People will stop using it to Someone else to fork it and take those same features now I'm not gonna be too upset if key base works as it is because as it is right now It's pretty solid product matter of fact It may get a little bit more popular just the bump in news that key base was acquired by zoom may make a bunch of People that never heard of key base before look at key base and go, huh? That's a cool way to send encrypted files. That is a cool way to have an encrypted chat with someone That's a pretty cool privacy oriented type thing Even if it's not a owned and managed by a company that has our best interest that the zoom I don't know where their interests live But of course we've seen some problems with them I'm you know, I've got a separate video where I talk about some of that the fact that they've already built something and then encrypted Hey, that's pretty cool. Now, maybe maybe and this is stretching it Maybe something will happen like signal which I'm also a big fan of and I use but I can't really use it with everyone because it requires people to Know my cell phone number the nice thing about key base. Maybe something can happen because of the funding They probably got paid pretty well on their bio. Maybe that will get put into an organization like signal is where it's just a Non-profit organization around it just to maintain it that way It doesn't have any special interests that could potentially make the product a spy any or anything like that now key base Once again, much like signal both open source systems Therefore the code can be vetted and audited if they ever close source it stop using it right then honestly That's that is the last straw if they close source The system that's when you know, it's absolutely time to get rid of it, but for now. I'm gonna keep it I'm gonna keep using it. I don't know what the future holds for it Sounds like it's gonna be on a feature freeze, but if I just need an encrypted chat application Well, it still is an encrypted chat application. It's still solid. It still has easy ways to use PGP makes it easier than I've ever seen anyone do to be able to have an encrypted message easily sent to me by someone who's an Average user who doesn't understand cryptography, but then can still get me cryptographic information sign that I can sign and unsign with my Private key, etc. You can still have those private conversations. They're still private file sharing So I'm I'm still hoping that the product will live on or maybe someone else will pick it up Or maybe there's some deal that we don't know when they signed their agreement We do know right now the team as they didn't blog posts is gonna be focused on zoom So like I said, I'll keep it for now and See what happens next. That's kind of all I can really do because I don't have any control over any of this I can just make videos about it. That's about it. All right. 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