Today the Enterprise Ethereum Alliance (EEA) announced the official release of the first version of the EEA Off-Chain Trusted Compute Specification. Blockchains like Ethereum require multiple servers to execute processor intensive tasks which can create scalability issues. The new specification enables these demanding tasks to be offloaded in a trusted manner. It also includes several privacy-enhancing features.
“Many enterprise blockchain use cases have demanding requirements for privacy, security, throughput, and latency that are difficult to achieve,” said EEA Executive Director Ron Resnick. “Temporarily moving some transactions off-chain for computation elsewhere, and then returning a summary to the main chain is a promising method for achieving such requirements.”
“I would like to thank Banco Santander, ConsenSys, iExec, Intel, Microsoft, Oracalize, SmartContract and all the EEA members that provided contributions to this important specification.”
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
