{"id":354531,"date":"2021-10-18T20:00:00","date_gmt":"2021-10-18T17:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/how-blockchain-technology-can-pave-the-way-to-a-new-future-explained\/"},"modified":"2021-10-18T20:00:00","modified_gmt":"2021-10-18T17:00:00","slug":"how-blockchain-technology-can-pave-the-way-to-a-new-future-explained","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/how-blockchain-technology-can-pave-the-way-to-a-new-future-explained\/","title":{"rendered":"#How blockchain technology can pave the way to a new future, explained"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2e5b7415a79\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2e5b7415a79\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/how-blockchain-technology-can-pave-the-way-to-a-new-future-explained\/#How_to_use_a_layer-two_solution_to_improve_the_computation_network\" >How to use a layer-two solution to improve the computation network?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/how-blockchain-technology-can-pave-the-way-to-a-new-future-explained\/#Why_is_state-of-the-art_multi-party_computation_protocol_so_important\" >Why is state-of-the-art multi-party computation protocol so important?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/how-blockchain-technology-can-pave-the-way-to-a-new-future-explained\/#What_kind_of_advantages_does_blockchain_have_for_DApp_developers\" >What kind of advantages does blockchain have for DApp developers?<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#How blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> can pave the way to a new future, explained<\/strong>&#8221;<\/p>\n<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy85MzMwOWI0ZDYyMmUxYmMyNmU1MDY2MDMyMTEzNTU4ZC5qcGc=.jpg\" class=\"type:primaryImage\"><\/p>\n<pre><code>                Mass adoption of privacy-preserving computation might become a significant improvement for blockchain.\n                &lt;h2&gt;Is anyone doing it yet?&lt;\/h2&gt;&lt;p&gt;&lt;\/p&gt;&lt;p dir=\"ltr\"&gt;&lt;a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/arpachain.io\/\"&gt;ArpaChain&lt;\/a&gt;, a secure computation network compatible with blockchain, uses an MPC protocol that creates ways for multiple entities to collaboratively analyze data and extract data synergies while keeping each party\u2019s data input private and secure.\n<\/code><\/pre>\n<p>Earlier this year, Arpa joined the commission on Blockchain technologies and the crypto economy of Russia. The development team also engaged in a large-scale test for preserving privacy. ARPA\u2019s team is currently focused on architecture design for Randcast.\u00a0<\/p>\n<p>The project proposes a blockchain-based secure computation network of multi-party \u0441omputation (MPC). ARPA cryptographically enables private smart contracts, unprecedented data-at-use privacy protection, as well as scalable computational sharding.\u00a0<\/p>\n<div style=\"background-color:#f0f0f0;color:#253137;font-weight:bold;padding:8px 21px\">Learn more about ArpaChain\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/arpachain.io\/\" style=\"color: #253137\">here<\/a><\/div>\n<div id=\"post-content\"><span style=\"color:#a9a9a9;font-size:12px\">Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice. <\/span><\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_to_use_a_layer-two_solution_to_improve_the_computation_network\"><\/span>How to use a layer-two solution to improve the computation network?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><p dir=\"ltr\"><em>A secure computation network as a layer-two solution <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lies to any blockchain system.<\/em><\/p>\n<p>A certain protocol, such as proxy smart contracts, can be used as a bridge to link the blockchain and secure computation network.\u00a0<\/p>\n<p>Additionally, these contracts can be used to ensure that outsourced computation is completed correctly. To achieve this, a project can develop a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a> MPC network to support<\/p>\n<ul>\n<li>Secure computation<\/li>\n<li>Layer-two computation<\/li>\n<li>Verifiable computation<\/li>\n<li>Privacy-preserving data exchange<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_is_state-of-the-art_multi-party_computation_protocol_so_important\"><\/span>Why is state-of-the-art multi-party computation protocol so important?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"ltr\"><em>This protocol has several implications for the future of decentralized networks.<\/em><\/p>\n<p>First, the secure computation can be used to expand the types of on-chain computation. Second, it enables data to be shared and used in a trustless network without disclosing the raw data during data-at-use so that data ownership and data usage are safely separated. Last but not least, computation and verification processes are separated, which can be perceived as computational sharding, and it effectively increases the transaction processing capacity as the number of participating nodes grows.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_kind_of_advantages_does_blockchain_have_for_DApp_developers\"><\/span>What kind of advantages does blockchain have for DApp developers?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"ltr\"><em>Blockchain technology has the ability and the scalability to offer endless opportunities for individuals and enterprises wishing to avail of more secure privacy when it comes to transactions.\u00a0<\/em><\/p>\n<p>Private smart contracts for DApp developers can preserve individual and enterprise privacy protocols and highly scalable infrastructure. Current blockchain technology reaches on-chain consensus in such a way that every operation is repeated by every node in order to verify its validity. This soon makes the blockchain unscalable as the network grows.<\/p>\n<p>The correctness of computation is variable even under malicious majority conditions using information-theoretic Message Authentication Code (MAC), and the privacy is preserved using secret-sharing. With \u201cstate-of-the-art multi-party computation protocol\u201d as a layer-two solution, the privacy-preserving computation can guarantee data security on blockchain cryptographically while reducing the heavy-lifting computation job to a few nodes.<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/explained\/how-blockchain-technology-can-pave-the-way-to-a-new-future-explained\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#How blockchain technology can pave the way to a new future, explained&#8221; Mass adoption of privacy-preserving computation might become a significant improvement for blockchain. &lt;h2&gt;Is anyone doing it yet?&lt;\/h2&gt;&lt;p&gt;&lt;\/p&gt;&lt;p dir=&#8221;ltr&#8221;&gt;&lt;a rel=&#8221;nofollow noopener&#8221; target=&#8221;_blank&#8221; href=&#8221;https:\/\/arpachain.io\/&#8221;&gt;ArpaChain&lt;\/a&gt;, a secure computation network compatible with blockchain, uses an MPC protocol that creates ways for multiple entities to collaboratively analyze data&#8230;<\/p>\n","protected":false},"author":1,"featured_media":354532,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1024_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy85MzMwOWI0ZDYyMmUxYmMyNmU1MDY2MDMyMTEzNTU4ZC5qcGc=.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-354531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/354531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=354531"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/354531\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/354532"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=354531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=354531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=354531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}