Guy said “TEE” is the better solution right now.
That was often explained why, and I understand that. (MPC is too slow, nobody would use it). Companys wouldn’t use MPC for the short-term. And that wouldn’t be the goal for Enigma if nobody will use it.
Other projects also develop MPC. But nobody knows how far Enigma is with it, because at the moment the focus is on TEE. But Guy Zyskind has been researching MPC for several years now.
I know the development of MPC is one of the most difficult problems in IT. “Holy Grail since 1960”. There are already companies that are almost or in MPC Testnet. But that doesn’t mean much either.
Because there will also be differences where projects claim ist safe and it will work. But maybe that’s not the case. Because it isn’t safe or private at all. Just like with privacy on blockchain. Which is also not true for many projects.
We know privacy for company A isn’t the same like for company B. (or the technical stuff like number of nodes, safety, and security)
Do you think that Enigma can catch up on the development of other MPC projects? Or it’s not about who’s done faster or when they started? Because this is so a complex and hard development. Like how good the code is written. And the other things I don’t understand.
Where does Enigma see itself about MPC? I dont mean the development more on a good way?
I hope when the TEE Mainnet is ready, we can get more information about it.
If something is wrong please correct me.
Great work you’re doing! Im happy for the december testnet!