Will Nillion Push Boundaries with Blind Computation, ZKP and MPC?
We all know how decentralization and privacy form the foundation of the crypto industry especially Bitcoin... Although I don't know if that is the case with the likes of memecoins lol...
Surfing through the X months ago, I came across a trending project Nillion which is designed to decentralize trust for high-value, sensitive, and private data, similar to how blockchains decentralize transactions.
Digging deeper, I found it enables computations on encrypted data without needing to decrypt it by combining Privacy-Enhancing Technologies like secure multi-party computation (MPC), Fully Homomorphic Encryption (FHE) and Zero-Knowledge Proofs (ZKP) for Privacy & Integrity.
this looks like a good combination on paper but experts can always dissect it further i suppose...
The Dev team are preparing for the listing of the native utility token, NIL, on top exchanges Like Bitget and others. With over 50 projects already Building on Nilloin, it will be interesting to see how the technology develops from here...
What are your thoughts on processing encrypted data without decryption?