Nillion NMC: A Secure Processing Layer for Web3 | Miguel de Vega

Hidden Forces

Demetri Kofinas

Government, Business

4.8 • 1.6K Ratings

🗓️ 28 February 2022

⏱️ 62 minutes

🔗️ Recording | iTunes | RSS

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Summary

In Episode 234 of Hidden Forces, Demetri Kofinas speaks with Dr. Miguel de Vega, the creator of Nillion’s new cryptographic primitive, Nil Message Compute (NMC). Nillion allows a decentralized network of nodes to work together using a non-blockchain technology known as Secure Multi-Party Computation (SMPC) to store and process information at essentially centralized server speed, all while remaining information-theoretic secure (ITS). This unique feature represents a significant breakthrough in decentralized systems, allowing Nillion to operate the first decentralized and permissionless public SMPC network at scale. Its security and performance characteristics enable Nillion to not only serve as a secure processing layer for Web3, but also as a source of off-chain computation, as a decentralized private enclave, and as an enabler of interoperability between ledgers.

Today’s conversation is meant to give you an early introduction to this potentially transformative technology. Demetri will also be hosting a Hidden Forces panel event with Chief Scientist and inventor of Nillion, Dr. Miguel de Vega and other members of the team at Ideal Glass Studios in New York City’s Greenwich Village on Thursday, March 31st, where you can learn more about the project, meet key members of the founding team, and socialize with other listeners and guests of the podcast. Doors open at 6 PM EDT and the panel will begin promptly at 7 PM.

You can RSVP for the event HERE and access a special advanced copy of the Nillion whitepaper HERE.

You can get early access to the episode, as well as the episode transcript and intelligence report to this week’s conversation by going directly to the episode page at HiddenForces.io and clicking on "premium extras." All subscribers gain access to our premium feed, which can be easily added to your favorite podcast application.

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Producer & Host: Demetri Kofinas

Editor & Engineer: Stylianos Nicolaou

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Episode Recorded on 02/18/2022

Transcript

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0:00.0	What's up everybody? My name is Dmitri Kaffinas and you're listening to Hidden Forces,
0:06.0	a podcast that inspires investors, entrepreneurs and everyday citizens to challenge consensus narratives,
0:14.0	and to learn how to think critically about the systems of power shaping our world.
0:19.0	This episode was released early to premium subscribers last week,
0:23.0	and it features Dr. Miguel de Vega, whose cryptographic primitive intense the form
0:28.0	of the basis of the first decentralized SMPC network for the general processing
0:34.0	and trustless computation and storage of private data,
0:38.0	including off-chain computation and interoperability between ledgers at commercially viable speeds.
0:45.0	Before we get to today's conversation, I have to say a few things.
0:48.0	Number one, I think I did a really good job of hiding my excitement about this project,
0:53.0	but suffice it to say that I've been looking forward to this conversation with Miguel for a while.
0:59.0	And some of you will quickly understand why, but for all of you,
1:02.0	regardless of technical acumen or familiarity with distributed ledgers or privacy protocols.
1:08.0	This conversation is only meant to be a brief introduction into Nellian NMC.
1:14.0	It's meant to complement not supplant the Nellian white paper,
1:18.0	which I've linked to in the show summary, along with a link to the event bright page,
1:23.0	where you can RSVP to the upcoming event that I'm hosting on behalf of Nellian
1:28.0	at Ideal Glass Studios on March 31st in New York City.
1:33.0	The event will include a panel featuring Miguel,
1:36.0	who is the chief scientist and inventor of Nellian,
1:39.0	co-founder and chief strategy officer Andrew Masanto,
1:42.0	and Alex Page, Nellian CEO.
	...

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