Past month...been teaching about MPC Partisia...but many still dont grasp the potential of what it does....
Banks,Govs,UN,IMF and almost every crypto exchange uses MPC tech today....
Sepior,Blockdaemon are giving them the next gen tech now... combining MPC + Blockchain....
I think best way is to split it into two....
We all now the capabilities of Blockchain tech...but hardly anyone knows about MPC
What is MPC multi-party computation?
Secure multi-party computation (SMPC or MPC) enables multiple parties to jointly compute a function using private data, enabling accurate “black box” calculations that keep individual inputs confidential.
How does multi-party computation work?
In an MPC, a given number of participants each possess a piece of private data (d1, d2, …, dN). Together, the participants can compute the value of a public function on that private data: F(d1, d2, …, dN) while keeping their own piece of data secret.
What is the multi-party computation solution?
MPC enables multiple parties to jointly compute their inputs, or data, without sharing their underlying values. Large-scale industries such as health care, finance, government, business, education, and public policy have discovered numerous real-world applications of multiparty computation.
Where is secure multiparty computation used?
One of the primary applications of secure multi-party computation is allowing analysis of data that is held by multiple parties, or blind analysis of data by third parties without allowing the data custodian to understand the kind of data analysis being performed.
https://cointelegraph.com/innovation-circle/multiparty-computation-mpc-its-effects-on-blockchain-innovationLots of MPC info here...
......Staying ahead of the curve
In the dynamic realm of blockchain, it’s easy to become fixated on the familiar. Zero-knowledge proofs have garnered much attention, and rightly so. But in this obsession with ZK, there’s a risk: overlooking the burgeoning potential of other options.
Staying ahead isn’t just about embracing current trends; it’s about discerning where the next wave of innovation lies. In blockchain’s bustling ecosystem, zero-knowledge proofs are stalwarts of privacy. It’s not a rivalry between ZK and MPC. While ZK solidifies the defenses, MPC pushes boundaries, offering an edge that’s not about overshadowing — but innovating.
https://www.halborn.com/blog/post/what-is-multi-party-computation-mpc-in-blockchainhttps://articles.whalesheaven.com/is-multi-party-computation-mpc-the-future-of-blockchain-crypto/I suggest more dyor on Multi-Party Computation MPC (not the coin, but the tech)
Once you have fully understood the MPC tech and combine that knowledge with the Blockchain tech you already know, only then you will fully understand Multi-Party Computation (MPC) + Blockchain tech = MPC Partisia.
Demeter is one of the things only possible on MPC Partisia and nothing else anywhere comes close....
Demeter — MPC-as-a-Service
The single most important contribution of the Partisia Blockchain project is to bring general privacy-preserving computation to blockchain and most notably Secure Multiparty Computation (MPC).
MPC is a revolutionary technology that allows us to protect our data, not only when they are being stored or communicated, but also while they are being processed.
.....This is why the entire Partisia Blockchain is designed for secure and efficient orchestration of MPC-as-a-Service.
The team behind the project has pioneered MPC and delivered commercial grade MPC since 2008.
Partisia Blockchain is probably the most ambitious MPC platform and it comes with an extensive set of tools and a new set of MPC protocols called REAL.
A core feature is efficient preprocessing that utilizes all the blockchain orchestration of many nodes to the fullest extent to speed up realtime use of MPC.
We call this Demeter MPC-as-a-Service and claim that we set a new standard for how to conduct any type of privacy-preserving computations within and beyond the blockchain ecosystem.
MPC Partisia is gonna be the next big thing and imo, one of the top 3 cryptos oneday.