Cryptography research

Beneath privacy
and decentralization

We use cryptography to solve real-world problems and to promote security and privacy in digital communication.

The problem

Aleph Zero is a layer 1 blockchain built by Cardinal Cryptography that aims to provide a general framework for private smart contracts operating on their private states. While secure multi-party computation (MPC) theoretically enables this, in practice, MPC alone is highly inefficient. For instance, a practical design would require only using it for a very specific part of the entire computation and verifying the rest using Zero-Knowledge Proofs.

The solution

In this joint project with Cardinal Cryptography, we explore how to combine multi-party computation (MPC) and zero-knowledge proofs (ZKP) in a way that results in an efficient cryptographic solution. Our learnings have been applied to build a novel DEX design called COMMON, which addresses challenges such as user privacy and price inefficiency.

The problem

Aleph Zero is a layer 1 blockchain built by Cardinal Cryptography that aims to provide a general framework for private smart contracts operating on their private states. While secure multi-party computation (MPC) theoretically enables this, in practice, MPC alone is highly inefficient. For instance, a practical design would require only using it for a very specific part of the entire computation and verifying the rest using Zero-Knowledge Proofs.

The solution

In this joint project with Cardinal Cryptography, we explore how to combine multi-party computation (MPC) and zero-knowledge proofs (ZKP) in a way that results in an efficient cryptographic solution. Our learnings have been applied to build a novel DEX design called Common, which addresses user privacy and price inefficiency challenges.

Our Research Paper

Our research collaboration with Nethermind on private smart contracts is a big success. The team brought academic-level math skills and a profound understanding of the blockchain domain to the project, which is a rare and impressive combination.
Adam Gagol,
CTO and CO-Founder of Aleph Zero