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I appreciate the answers. I'm genuinely curious because I've contemplated such a database on the side but could never see my way to the goal.

The final outstanding question I have though is: How do you deal with data you aren't the owner of? Is this strictly targeted at scenarios where you are the sole owner?

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Good question. We thought about two cases. One is when your are sole owner of the data.

The other is when the owner of the data is some group (like JP Chase). In this case we can have server-side quotas for handling cases when one or several clients are compromised. So, in this case it's more about distributing trust

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