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What is secret sharing? Will it have any benefit in blockchain technology?
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Answer / Ashok Maurya
Secret sharing is a cryptographic method that allows a secret to be split into multiple parts, each of which contains only a piece of the information needed to reconstruct the original secret. This technique has benefits in blockchain technology, particularly for improving privacy and security. For instance, multi-signature wallets use secret sharing to require multiple parties' approval before a transaction can be executed.n
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