e.g. depending on how the knots work (can you exchange them and expect decryption to work the same?) you can implement different schemes
[At which point world builder brain piped up and was like "hey it works essentially like crypto! magic compatible!"]https://twitter.com/allgebrah/status/712422004343840769 …
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by giving away the knots (which look like wristbands when the secret is fully entangled) you can implement secret escrow and OTP
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