Fair exchange denotes a transaction where all involved parties perceive equitable value and terms, conducted without coercion or deceptive practices. In digital asset markets, this implies transparent pricing, reasonable fees, and honest representation of assets. It supports market integrity and user confidence.
Context
The pursuit of fair exchange is a recurring theme in discussions about digital asset markets and is frequently addressed in crypto news concerning market integrity. Regulatory bodies often focus on preventing market manipulation and ensuring transparent trading conditions to uphold this principle. Decentralized protocols often strive to achieve this through algorithmic mechanisms.
This new cryptographic primitive bridges the gap between atomic exchange and data privacy, allowing trustless, efficient sales of function evaluations without revealing the underlying secret data.
This research introduces verifiable one-time programs, foundational for a novel single-round secure computation model, unlocking practical quantum-assisted cryptography with minimal resources.
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