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Managing Private Data in Blockchains for Beginners: ZKPs, FHE, and MPC
The intern net
Sep 28
Blockchain is all about transparency, but this can create problems when people or companies want to keep their financial or private data secure. So, how do we ensure privacy on a public blockchain? Enter three key technologies: Zero-Knowledge Proofs (ZKPs), Fully Homomorphic Encryption (FHE), and Secure Multi-Party Computation (MPC). These tools help keep sensitive information private, even while operating on decentralised systems. Let's break them down for anyone new to this space:What Is Bl...