Definition ∞ Secure multiparty computation enables multiple parties to jointly compute a function over their private inputs without revealing any individual input to the other parties. This cryptographic primitive guarantees both correctness of the output and privacy of the inputs. Secure multiparty computation protocols employ advanced techniques such as secret sharing and homomorphic encryption to achieve these security properties. It represents a fundamental tool for privacy-preserving data analysis and collaborative computations.
Context ∞ Secure multiparty computation is gaining increasing attention in crypto news for its potential to facilitate privacy-preserving transactions and data sharing on blockchains. Its application allows for confidential computations in decentralized finance and verifiable data audits without exposing sensitive information. Ongoing research aims to enhance the efficiency and scalability of secure multiparty computation protocols, addressing the computational overhead that currently limits their widespread adoption in highly dynamic environments.
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