Vitalik Buterin: obfuscation protocol (iO) enables trustless third-party applications
Vitalik Buterin published an article titled "Obfuscation: Building the Final Boss of Cryptography (Part I)" to outline the obfuscation protocol (iO) technology tree. Confusion technology converts programs into encrypted programs, allowing for computation of plaintext input while hiding logic. In theory, it enables trustless trusted third parties and can build trustless voting systems and auction protocols. The current iO solution has a huge runtime overhead, expected to exceed the lifespan of the universe.