Vitalik Buterin: Obfuscation Protocols (iO) Could Enable Trustless Third-party Applications
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Vitalik Buterin published an article titled "Obfuscation: building the final boss of cryptography (Part I)", outlining the technology tree of obfuscation protocols (iO). Obfuscation technology transforms programs into encrypted ones, allowing computation on plaintext inputs while hiding logic, theoretically enabling trustless trusted third parties, and can be used to build trustless voting systems and auction protocols. Current iO solutions have enormous runtime overhead, estimated to exceed the lifespan of the universe.
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