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Why do no other blockchains use key generation like this? Is it really needed?
by shacksprings 8y ago
Why do no other blockchains use key generation like this? Is it really needed?
- Sardonosphere 8y agoprobably because most networks aren't truly decentralized
- madninja 8y agoA number of blockchains allow the miners to choose the transactions they include in a mined block. This adds additional challenges around miners picking the highest paying transactions, or worse, specifically/maliciously excluding transactions. Threshold encryption means we can have (1) transactions be encrypted and only inspected _after_ they have been accepted as part of a block, and (2)break any deadlocks in consensurs agreements. Helium isn't the only one using DKGs but they're certainly not trivial to implement well.