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Multiparty computation (MPC): Its effects on blockchain innovation

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Published Nov 01, 2023 09:00AM ET Updated Nov 01, 2023 01:00PM ET

Multiparty computation (MPC): Its effects on blockchain innovation

Blockchain has become a tech cornerstone. But as it grows, so does the need for privacy. Zero-knowledge Proofs (ZK) emerged as a solution and there’s a new kid on the block called multiparty computation (MPC).

Imagine proving you have a secret without revealing it. That’s ZK, ensuring transaction privacy in a transparent system. But, it has its challenges — notably its computational demands.

Zero-knowledge proofs

Multiparty computation

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Multiparty computation (MPC): Its effects on blockchain innovation

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