Crypto Terms: Letter S

What is Secure Multi-Party Computation (sMPC)?

Secure Multi-Party Computation (sMPC) MEANING:
Secure Multi-Party Computation (sMPC) - is a cryptographic technique that distributes computation amongst numerous parties so that no one party may view the information of others.
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Let's find out Secure Multi-Party Computation (sMPC) meaning, definition in crypto, what is Secure Multi-Party Computation (sMPC), and all other detailed facts.

Secure multi-party computation (sMPC) refers to a cryptographic protocol that allocates a computation throughout several parties where no singular party is able to see the other’s information.

Furthermore, they can enable analysts and data scientists to compute compliantly, securely, and discreetly on allotted data without ever revealing or transferring it.

From the standpoint of blockchain, sMPC implies that nodes are able to mutually calculate a function and keep the inputs confidential from everyone, even the nodes that power them at the same time.