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On August 21, Ethereum co-founder Vitalik Buterin published a new article, “Obfuscation (Part Three): Local Mixing,” introducing a cryptographic obfuscation technique being explored—“Local Mixing”—and suggesting it could become a new foundational tool for cryptography after elliptic curves, RSA, and lattice cryptography.

Vitalik publishes “Local Mixing” cryptography research: exploring next-generation obfuscation techniques, or becoming a new type of cryptographic base primitive

Vitalik said that today’s mainstream obfuscation techniques mainly rely on complex mathematical assumptions, but they often come with extremely high computational overhead. Local mixing uses an entirely different approach: it does not rely on elliptic curves, large-integer factorization, or lattice cryptography. Instead, it draws on experience from symmetric cryptography and hash function design—by continuously scrambling, restructuring, and hiding circuit structures, it eliminates information leakage while keeping functionality unchanged. The main steps in local mixing include reversibility, hardening, mixing, splitting, crossing walk, and “gadgetization.” By adding random structures to circuits, rearranging logic gates, and introducing nonlinear hiding mechanisms, it becomes difficult for an attacker to recover the original computation logic.

Vitalik noted that the technique is still in an early stage; its security has not yet been validated through long-term testing and it faces challenges such as random attacks and linear analysis. However, he believes that local mixing represents a completely new direction for cryptographic exploration, with the goal of building more efficient indistinguishability obfuscation (iO) schemes. If local mixing breakthroughs are achieved, it could lead to new post-quantum public-key encryption solutions and accelerate the development of general-purpose obfuscation technologies. At present, the field still requires years of cryptanalysis and optimization validation, but AI-assisted research may significantly speed up the maturation process.

Vitalik also said that obfuscation techniques are viewed as the “last frontier” of cryptography because, in theory, other cryptographic primitives can be constructed based on obfuscation and one-way functions. Local mixing could not only reduce the cost of traditional obfuscation schemes, but also become an important direction for future cryptographic infrastructure.

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On the road of investing, excitement is always brief—silence is the norm 📊.
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$BNB 🧧🧧

#投资心态

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🔥 After BTC surged above $72K, one question is becoming increasingly important: who is really driving this rally?

Over the past few days, the pace in the Crypto market has clearly changed.

$BTC broke out from long-term consolidation quickly, reaching above $72K at one point; $ETH followed strongly as well, hovering near $2,300; and $BNB also bounced in line with the market.

But if you only look at the price, you might miss the more noteworthy changes behind this move.

This time, several factors are happening at the same time:

🔹 The U.S. Treasury expands long-term Treasury repo operations, and the market is re-pricing liquidity expectations
🔹 Large short positions are being liquidated in succession, further accelerating the upside momentum
🔹 Crypto regulatory expectations in the U.S. are heating up again
🔹 After BTC breaks out, capital starts to spread into ETH and other mainstream assets

So what the market should really be watching now isn’t:

“Can BTC keep going up?”

But rather:

After the Short Squeeze push gradually weakens, can real buying step in?

If trading volume and money flows continue to hold, the nature of this rally may shift from a “fast squeeze” into broader participation by capital.

On the other hand, if subsequent capital doesn’t keep following through, the same high volatility could also trigger a rapid pullback.

Going forward, I’m more focused on:

👀 Whether BTC can hold the new price range after the breakout
👀 Whether ETH can continue to outperform BTC
👀 Whether mainstream assets like BNB can receive sustained rotation of capital

Phase one is the breakout.
Phase two is the squeeze.
In the third phase, what matters is the real capital.

In the coming days, what may be more important than the breakout itself.

👇 Who are you watching more closely right now?

BTC / ETH / BNB

#BTC #ETH #BNB

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🔥 After BTC surged above $72K, one question is becoming increasingly important: who is really driving this rally?

Over the past few days, the pace in the Crypto market has clearly changed.

$BTC broke out from long-term consolidation quickly, reaching above $72K at one point; $ETH followed strongly as well, hovering near $2,300; and $BNB also bounced in line with the market.

But if you only look at the price, you might miss the more noteworthy changes behind this move.

This time, several factors are happening at the same time:

🔹 The U.S. Treasury expands long-term Treasury repo operations, and the market is re-pricing liquidity expectations
🔹 Large short positions are being liquidated in succession, further accelerating the upside momentum
🔹 Crypto regulatory expectations in the U.S. are heating up again
🔹 After BTC breaks out, capital starts to spread into ETH and other mainstream assets

So what the market should really be watching now isn’t:

“Can BTC keep going up?”

But rather:

After the Short Squeeze push gradually weakens, can real buying step in?

If trading volume and money flows continue to hold, the nature of this rally may shift from a “fast squeeze” into broader participation by capital.

On the other hand, if subsequent capital doesn’t keep following through, the same high volatility could also trigger a rapid pullback.

Going forward, I’m more focused on:

👀 Whether BTC can hold the new price range after the breakout
👀 Whether ETH can continue to outperform BTC
👀 Whether mainstream assets like BNB can receive sustained rotation of capital

Phase one is the breakout.
Phase two is the squeeze.
In the third phase, what matters is the real capital.

In the coming days, what may be more important than the breakout itself.

👇 Who are you watching more closely right now?

BTC / ETH / BNB

#BTC #ETH #BNB

🎋 *Dear partners, Happy Chinese Valentine’s Day! * 🎋
This red dragon is lifting off, carrying power, good fortune, and a rising momentum. In Chinese culture, the dragon symbolizes strength, ambition, and a new beginning—able to break through countless challenges and turn adversity into good luck 🐉🔥
Just as the dragon follows its own path across the sky, we too pursue unwavering conviction and precise timing in trading. That’s why I’ve been keeping an eye on *Predict*—here, you can bet on real events, turning your predictions into value. Read the timing, strike decisively, and let your returns grow with compounding 📈💎
Wishing you all love, wealth, and a huge win this Qixi. Thank you for your support, partners—onward toward the 20,000 milestone! 🙏
What will your next prediction be? Share it in the comments below 👇
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回答 :1
#1688家族family #prediction...