Link
- Introduced to me by Sahil (verses, connected via Michelle)
The Synapse network is secured by cross-chain multi-party computation (MPC) validators operating with threshold signature schemes (TSS)
Technicalities broken down
- Multi-Party Computation is the theoretical foundation that solves the millionaire’s problem more generally. It’s goal is to protect the privacy between participants trying to collaboratively solve a problem (giving multiple inputs of information from many sources), while still producing a correct output
- Threshold Signature Schemes are the basis for enabling digital signature generation from that incorporate multiple parties such that a predefined subset of parties (m of n) are needed to generate and sign such transactions. Verifying the signatures actually stays the same.
- A good breakdown of these concepts and primer for how they connect is linked here
In plain English
- Synapse is a network of networks - effectively connecting Ethereum, Avalanche, Binance Smart Chain, Polygon, Optimism, etc. with each other that enables interoperable liquidity