We're kicking off the Privacy Tech session at #enigma2021 with Mitch Negus speaking about "NO DATA, NO PROBLEM—GIVING NUCLEAR INSPECTORS BETTER TOOLS WITHOUT REVEALING STATE
But perhaps we can use MPC -- secure multi-party computation
Used for other things like cryptocurrency these days.
MPC can be used to compute anything computed by a computer [but it's expensive!]
* It's expensive! We haven't had computers fast enough before.
* The inspectors need to be *sure* that it will work. They want tried and true, not latest and greatest.
* It's a small field with a limited budget.
Make a circuit which does some kind of computational task, like whether A < B
Let's think about a case with two parties where we want to compare two inputs. That can be done with this circuit.
[accessibility apology: I'm livetweeting this really fast and can't render these diagrams in text]
[Also go watch this talk -- it's a good explanation but very hard to livetweet]
Then we use this crypto thingie called oblivious transfer. That lets the other party get the keys to do the decryption of the correct output for each gate.
Want to use pre-existing software (to give confidence to the inspectors). But not every system can work for this: they can't scale enough, they're too bleeding-edge fancy (hard to use!), etc.
Instead did electrocardiogram analysis as a proof of concept to give the analysis without revealing the actual heartbeat.
More from Lea Kissner
More from Tech
The 12 most important pieces of information and concepts I wish I knew about equity, as a software engineer.
A thread.
1. Equity is something Big Tech and high-growth companies award to software engineers at all levels. The more senior you are, the bigger the ratio can be:
2. Vesting, cliffs, refreshers, and sign-on clawbacks.
If you get awarded equity, you'll want to understand vesting and cliffs. A 1-year cliff is pretty common in most places that award equity.
Read more in this blog post I wrote: https://t.co/WxQ9pQh2mY
3. Stock options / ESOPs.
The most common form of equity compensation at early-stage startups that are high-growth.
And there are *so* many pitfalls you'll want to be aware of. You need to do your research on this: I can't do justice in a tweet.
https://t.co/cudLn3ngqi
4. RSUs (Restricted Stock Units)
A common form of equity compensation for publicly traded companies and Big Tech. One of the easier types of equity to understand: https://t.co/a5xU1H9IHP
5. Double-trigger RSUs. Typically RSUs for pre-IPO companies. I got these at Uber.
6. ESPP: a (typically) amazing employee perk at publicly traded companies. There's always risk, but this plan can typically offer good upsides.
7. Phantom shares. An interesting setup similar to RSUs... but you don't own stocks. Not frequent, but e.g. Adyen goes with this plan.
A thread.
1. Equity is something Big Tech and high-growth companies award to software engineers at all levels. The more senior you are, the bigger the ratio can be:
2. Vesting, cliffs, refreshers, and sign-on clawbacks.
If you get awarded equity, you'll want to understand vesting and cliffs. A 1-year cliff is pretty common in most places that award equity.
Read more in this blog post I wrote: https://t.co/WxQ9pQh2mY
3. Stock options / ESOPs.
The most common form of equity compensation at early-stage startups that are high-growth.
And there are *so* many pitfalls you'll want to be aware of. You need to do your research on this: I can't do justice in a tweet.
https://t.co/cudLn3ngqi
4. RSUs (Restricted Stock Units)
A common form of equity compensation for publicly traded companies and Big Tech. One of the easier types of equity to understand: https://t.co/a5xU1H9IHP
5. Double-trigger RSUs. Typically RSUs for pre-IPO companies. I got these at Uber.
6. ESPP: a (typically) amazing employee perk at publicly traded companies. There's always risk, but this plan can typically offer good upsides.
7. Phantom shares. An interesting setup similar to RSUs... but you don't own stocks. Not frequent, but e.g. Adyen goes with this plan.
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🌐 Great international transfer and 🏦 foreign #exchange rates, and various tools to manage your #business.
👉 https://t.co/dkuBrYrfMq
#banking #fintech #revolut #growth #startups
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One place to manage all things business
Get more from your business account with powerful tools that give you total control over your finances.
👉 https://t.co/dkuBrYrfMq
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Accept payments
online at great rates
Receive card payments from around the world with low fees and next-day settlement.
👉 https://t.co/dkuBrYrfMq
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Send and receive international payments, with no hidden fees
Multi-currency accounts allow you to hold, exchange, send and receive funds in 28+ currencies - always at the real (interbank) exchange rate...
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