Over 1 billion USD has been invested in DECC projects, Decentralized Confidential Computing (#DeCC ) represents a paradigm shift in how sensitive data is handled in decentralized systems. Early blockchain infrastructure focused on transparency, sacrificing privacy and limiting potential applications (Research paper from @MessariCrypto)
1. The missing piece of Web3
- Protecting sensitive data even while processing.
- Helping DeFi secure strategies, AI protecting models, healthcare protecting patient information.
Data is encrypted throughout the process, revealing only what is necessary.
2. DeCC is not a technology, but a security computing layer based on multiple foundational technologies:
- Zero-Knowledge Proofs (ZKPs): Proving correctness without revealing information, such as zk-SNARKs in Zcash.
- Multi-Party Computation (MPC): Multiple parties compute without revealing numbers, e.g., calculating industry average salaries without exposing specific data.
- Fully Homomorphic Encryption (FHE): Performing computations directly on encrypted data without needing to decrypt.
- Garbled Circuits (GC): Encrypting functions, not just data.
- Trusted Execution Environments (TEE): Computing in hardware enclaves, like Intel SGX or NVIDIA H100
3. Investment and development momentum
- The DeCC sector has attracted over 1 billion USD in investment, with notable projects such as:
+ @AleoHQ (228 million USD) focusing on ZKP
+ @partisiampc Blockchain (50 million USD) using MPC.
+ @FhenixIO (22 million USD) developing FHE.
And many more...
- These projects are building practical infrastructure, improving accessibility for developers through SDKs and APIs.
4. Potential projects in this area
- FHE: Fhenix, @mindnetwork_xyz, @octra
- GC: @COTInetwork, Soda Labs
- MPC: Arcium, Partisia
- TEE: @iEx_ec, @MarlinProtocol, @SecretNetwork, @PhalaNetwork, @tenprotocol
- ZKP: @Aleph__Zero, Aleo, @penumbrazone
- Privacy Network: @AnyoneFDN, SilentSwap
5. Future vision - personal conclusion
- DeCC not only addresses privacy issues but also opens up new applications in finance, healthcare, AI, and identity management
- DeCC is reshaping how sensitive data is processed in the decentralized world, bringing balance between transparency and privacy
- What do you all think? Does this niche have the potential to explode?
