EPISODE · Oct 10, 2018 · 59 MIN
Hashing It Out #26: NuFHE - Michael Egorov and John "Tux" Pacific
from The Bitcoin Podcast · host Corey Petty, Demetrick Ferguson, Jessie Santiago
Great Caesar's Ghost! NuCypher has demo'd a practical fully-homomorphic encryption (FHE) scheme that leverages an Ethereum smart contract for a proof mechanism. We get to go over FHE: what it is, how it works, how it commits to the blockchain, scaling issues, and the future of encrypted computation. This will enable new privacy mechanisms on layer 2 solutions which interface with the blockchain cheaply and efficiently. Very big stuff for anyone trying to use blockchain as a resolution mechanism but wants to hide their business rules in the process! Links https://blog.nucypher.com/releasing-nufhe-library-b5f9345dc1fb https://github.com/nucypher/nufhe
What this episode covers
Great Caesar's Ghost! NuCypher has demo'd a practical fully-homomorphic encryption (FHE) scheme that leverages an Ethereum smart contract for a proof mechanism. We get to go over FHE: what it is, how it works, how it commits to the blockchain, scaling issues, and the future of encrypted computation. This will enable new privacy mechanisms on layer 2 solutions which interface with the blockchain cheaply and efficiently. Very big stuff for anyone trying to use blockchain as a resolution mechanism but wants to hide their business rules in the process! Links https://blog.nucypher.com/releasing-nufhe-library-b5f9345dc1fb https://github.com/nucypher/nufhe
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Hashing It Out #26: NuFHE - Michael Egorov and John "Tux" Pacific
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