Vitalik Shared The Megatrend In Cryptography Of 2020s Is A broad Adoption Of 2010

Priyanka Kulkarni
Priyanka Kulkarni, post-graduated in Business Administration holds worthy experience in market research and investment banking. She is passionate to flaunt her perception towards cryptocurrencies.
  • The genius mind behind Ethereum, Vitalik Buterin shared his prediction on Twitter about cryptography trends.
  • Buterin finds that during 2010, the elliptic curves, pairings, and general-purpose ZKPs/SNARKs were popular among the digital industry. Still, moving to 2020 the trend will be an upgraded version of the 2010 pattern.
  • The Ethereum co-founder regularly exposes his views and predictions on social media related to Ethereum and crypto industry.

The genius mind behind Ethereum, Vitalik Buterin shared his prediction on Twitter about cryptography trends.

The Megatrend in Cryptography was Elliptic Curves

According to Buterin, in 2010, the megatrend in cryptography was elliptic curves, pairings, and general-purpose ZKPs/SNARKs. Elliptic curve pairings, also known as bilinear maps, are used for cryptographic applications.

Buterin finds that during 2010, the elliptic curves, pairings, and general-purpose ZKPs/SNARKs were popular among the digital industry. Still, moving to 2020, the trend will be an upgraded version of the 2010 pattern. It will include a broad adoption of lattices, LWE, multilinear maps, homomorphic encryption, MPC, and obfuscation.

However adding to this, he further opined that the common between both the trends in the growth of cryptographic primitives that operate over Boolean or arithmetic circuits as a mathematical representation of computation and thus, cryptographic structure are becoming general purpose.

Vitalik Buterin’s predictions

He recently shared about the paper from Hitoshi Matsushima and Shunya Noda on blockchain-based smart contracts for arbitration.

The Ethereum co-founder regularly exposes his views and predictions on social media related to Ethereum and crypto industry.

Recently, Buterin has moved on twitter saying his favourite proposal for the significant, meaningful Ethereum integrated Reddit could be to follow Virgil Griffith’s idea. That is, they should allow subreddits to set an arbitrary smart contract address as their moderator.

Adding to this, he said, it will allow unbounded experimentation in DAO-like moderation policies.

From the past three years, the virtual currency ecosystem has uplifted very swiftly, and from December 2017 till January 2018, Ethereum has witnessed significant growth in its community.  Vitalik Buterin is known for his contribution to building the Ethereum platform and is found as one of the most popular personalities in the crypto industry.

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