From wired.com
IN 2018, AAYUSH Jain, a graduate student at the University of California, Los Angeles, traveled to Japan to give a talk about a powerful cryptographic tool he and his colleagues were developing. As he detailed the team’s approach to indistinguishability obfuscation (iO for short), one audience member raised his hand in bewilderment.
“But I thought iO doesn’t exist?” he said.
At the time, such skepticism was widespread. Indistinguishability obfuscation, if it could be built, would be able to hide not just collections of data but the inner workings of a computer program itself, creating a sort of cryptographic master tool from which nearly every other cryptographic protocol could be built. It is “one cryptographic primitive to rule them all,” said Boaz Barak of Harvard University. But to many computer scientists, this very power made iO seem too good to be true.