Enigma: Privacy-preserving Smart Contracts for Ethereum by Guy Zyskind & Isan Rivkin (Devcon4)

Wed, Oct 2, 2019, 12:00 AM

Visit the https://archive.devcon.org/ to gain access to the entire library of Devcon talks with the ease of filtering, playlists, personalized suggestions, decentralized access on IPFS and more. https://archive.devcon.org/archive/watch/4/enigma-privacy-preserving-smart-contracts-for-ethereum Enigma is a privacy protocol to enable privacy preserving smart contracts on Ethereum. Enigma utilizes secret contracts - smart contracts that let you use private and sensitive data in decentralized applications. Enigma is building a network for privacy preserving computations. Nodes in the Enigma network that execute secret contracts never see the data that is used in their computations. In this talk, we would like to give an overview of the first version of Enigma network, which is currently on testnet, and present the roadmap with specific focus on privacy preserving cryptographic methods including Multiparty Computation (MPC) and Zero Knowledge Proofs. Computing over private data is considered one of the “holy grails” of computer science. With secret contracts, Enigma focuses on building blocks for the Ethereum network, such as voting / governance and auctions, in the short term. Longer term, Enigma enables applications on Ethereum that work with sensitive user data to compete with centralized solutions such as Uber. Enigma can also harden the privacy and resiliency of popular solutions like on-chain voting and sealed-bid auctions. Without privacy, applications and users must turn to centralized solutions or accept severe trade-offs. Speaker(s): Guy Zyskind, Isan Rivkin Skill level: Intermediate Track: Privacy Keywords: dapps, secret contracts, zkproofs, voting, governance, auctions Follow us: https://twitter.com/efdevcon, https://twitter.com/ethereum Learn more about devcon: https://www.devcon.org/ Learn more about ethereum: https://ethereum.org/ Devcon is the Ethereum conference for developers, researchers, thinkers, and makers. Devcon 4 was held in Prague, Czech Republic on Oct 30 - Nov 2, 2018. Devcon is organized and presented by the Ethereum Foundation, with the support of our sponsors. To find out more, please visit https://ethereum.foundation/