Vitalik Buterin 60% Odds SNARKs FHE iO Cost Reductions
Ethereum co-founder assigns 60% probability to SNARKs, FHE and iO each reaching sub-10x cost, with SNARKs expected first by century end.
Ethereum co-founder Vitalik Buterin stated that SNARKs, fully homomorphic encryption (FHE), and indistinguishability obfuscation (iO) each carry a 60% chance of eventually running at less than 10 times current cost.
Buterin identified SNARKs as the most likely of the three to reach the threshold first, with implementation expected by the end of the century.
The statement provides no methodology or supporting data for the assigned probabilities.