Re:The Imminent Decentralized Computing Revolution
by jaekwon on Monday October 13, 2014 @03:56AM
(#8447862)
Oh, well, Denmark and sugar beets then :)
The paper shows a practical use of secret sharing and secure multiparty computation to discover the market price of a commodity. Not sure how secure it is, but it's interesting.
It's not the same thing as securing consensus of a blockchain ledger. In the paper they have over a thousand participants and 3 (or some small number of) servers. In the blockchain problem, each participant runs his own server. The fault tolerance model is different, and also the blockchain requires continuous consensus.
The paper shows a practical use of secret sharing and secure multiparty computation to discover the market price of a commodity. Not sure how secure it is, but it's interesting.
It's not the same thing as securing consensus of a blockchain ledger. In the paper they have over a thousand participants and 3 (or some small number of) servers. In the blockchain problem, each participant runs his own server. The fault tolerance model is different, and also the blockchain requires continuous consensus.