An encryption protocol designed to be decrypted by a third party. LOL.
EFF, stop holding back. Tell us how you really feel!
When your whole security model is based on ability to rollback money transfers - this type of “feature” fits perfectly. Compare with cryptocurrencies.
I’m not sure what you mean.
You can still roll back transactions with secure confidential transport. The goal of this as stated was monitoring and data loss prevention - both of which can also be achieved with a forward secret transport channel.
Cryptocurrencies, in general, have massively lacking privacy/anonymity, but prevent rollback due to distributed immutable consensus.