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Markets turn through joys and sorrows one after another—some ride the waves and reap surprises, while others miss out and silently feel regret. When the market keeps rising and falling, you don’t need to chase hot topics blindly and impulsively; protecting your principal is the foundation. Keep a good mindset and patiently wait for your own opportunities. Wishing that everyone’s current holdings continue to grow steadily, and that gains and losses remain calm, with rewards at every step 🧧

The market cycles through highs and lows—some ride the waves to reap surprises, while others miss out and quietly regret it. As the行情 rises and falls, there’s no need to chase hot trends blindly and impulsively; holding on to your principal is the foundation. Keep a good mindset and patiently wait for your own opportunity. Wishing everyone’s current holdings climb steadily, and may gains and losses be handled calmly, with rewards at every step 🧧

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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