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Indistinguishability Obfuscation This is a difficult concept to wrap one's head around, so maybe ask a real cryptographer at cryptography.stakcexchange.com , because they would be able to give you a more granular breakdown of it than this channel will. …
Here's the best way that this can be broken down:

1. This is sort of like homomorphic encryption (where an entity is able to maneuver and operate on top of encrypted data without decrypting the data or having knowledge of the underlying data being managed). The reason this comparison to homomorphic encryption is being drawn is because this is essentially a property that this cryptographic scheme must possess.

2. The goal of this cryptographic scheme is to allow for programs / packages to execute given commands & schemes without the instructions for said program being decipherable (i.e., the distinguishable part).

3. This would involve you feeding the program in question some sort of encrypted information that it could iterate upon to produce the desired result w/o ever needing to decrypt your input or the 'instructions' given to the machine

If this sounds like its impossible to you, then you're not the only that's held this belief. There are plenty of others that have been incredulous about the efficacy of this proposed cryptographic scheme for years (there are no working models yet, this is all purely theoretical)



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Here's the best way that this can be broken down:

1. This is sort of like homomorphic encryption (where an entity is able to maneuver and operate on top of encrypted data without decrypting the data or having knowledge of the underlying data being managed). The reason this comparison to homomorphic encryption is being drawn is because this is essentially a property that this cryptographic scheme must possess.

2. The goal of this cryptographic scheme is to allow for programs / packages to execute given commands & schemes without the instructions for said program being decipherable (i.e., the distinguishable part).

3. This would involve you feeding the program in question some sort of encrypted information that it could iterate upon to produce the desired result w/o ever needing to decrypt your input or the 'instructions' given to the machine

If this sounds like its impossible to you, then you're not the only that's held this belief. There are plenty of others that have been incredulous about the efficacy of this proposed cryptographic scheme for years (there are no working models yet, this is all purely theoretical)

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To pay the bills, Mr. Durov is issuing investors $1 billion to $1.5 billion of company debt, with the promise of discounted equity if the company eventually goes public, the people briefed on the plans said. He has also announced plans to start selling ads in public Telegram channels as soon as later this year, as well as offering other premium services for businesses and users.

Telegram Gives Up On Crypto Blockchain Project

Durov said on his Telegram channel today that the two and a half year blockchain and crypto project has been put to sleep. Ironically, after leaving Russia because the government wanted his encryption keys to his social media firm, Durov’s cryptocurrency idea lost steam because of a U.S. court. “The technology we created allowed for an open, free, decentralized exchange of value and ideas. TON had the potential to revolutionize how people store and transfer funds and information,” he wrote on his channel. “Unfortunately, a U.S. court stopped TON from happening.”

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