SHARED PRIVATE STATE: THE HTTPS MOMENT FOR BLOCKCHAIN TECHNOLOGY (PART 1)

Summary from the TLDR Crypto newsletter

Shared private state is a new architecture that allows for encrypted yet verifiable data handling while maintaining decentralization. It is powered by programmable cryptography advances, including Fully Homomorphic Encryption and Multi-Party Computation, which allow for computation on encrypted data while preserving privacy. The innovation addresses blockchain's current public-by-default limitation, potentially enabling new forms of secure collaboration and expanding the scope of decentralized applications by allowing sensitive data to be processed on-chain without exposure.