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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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Telegram hopes to raise $1bn with a convertible bond private placement

The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.

That strategy is the acquisition of a value-priced company by a growth company. Using the growth company's higher-priced stock for the acquisition can produce outsized revenue and earnings growth. Even better is the use of cash, particularly in a growth period when financial aggressiveness is accepted and even positively viewed.he key public rationale behind this strategy is synergy - the 1+1=3 view. In many cases, synergy does occur and is valuable. However, in other cases, particularly as the strategy gains popularity, it doesn't. Joining two different organizations, workforces and cultures is a challenge. Simply putting two separate organizations together necessarily creates disruptions and conflicts that can undermine both operations.

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