>>60617919
What is Multi-Party Computation? its the next big thing after ZK proofs, the ability to confidentially compute almost any kind of data with more than 2 partys while preserving privacy, as opposed to ZK proofs which are more limited

>Multi-Party Computation (MPC) is a cryptographic technique that allows multiple parties to jointly compute a function over their private inputs while keeping those inputs confidential. In essence, it enables secure collaboration on calculations without revealing individual data to each other.
Key Concepts:
Privacy:
The core principle of MPC is to ensure that no party learns anything beyond the final output of the computation.
Accuracy:
MPC protocols are designed to produce correct results, even if some participating parties try to behave maliciously.
Joint Computation:
Parties collaborate to perform a calculation on their combined inputs, effectively acting as if they had a shared database.
No Central Authority:
Unlike traditional methods that rely on a trusted third party, MPC achieves security through cryptographic protocols

what this allows is for the sharing of useful private information without the need for compromising privacy, the classic scenario is 5 people at a job wanting to know what their average salary is without revealing to others how much they're making themselves. Using Multi Party Computation they can figure this out by sending their salary figures individually into some MPC program, these figures then get send to a bunch of different servers, the severs calculate the figures and the average gets spat back out to the participants without anyones privacy being compromised. Why is this important? because this can be done with ANYTHING that needs to maintain some level of privacy, from salary's to ingredient lists. This is pretty massive for the healthcare and pharmaceutical industry too, it can be used for practically anything