Importance of Secret Sharing Schemes
Secret sharing schemes are ideal for storing information that is highly sensitive and highly important. Examples include: encryption keys, missile launch codes, and numbered bank accounts. Each of these pieces of information must be kept highly confidential, as their exposure could be disastrous, however, it is also critical that they not be lost. Traditional methods for encryption are ill-suited for simultaneously achieving high levels of confidentiality and reliability. This is because when storing the encryption key, one must choose between keeping a single copy of the key in one location for maximum secrecy, or keeping multiple copies of the key in different locations for greater reliability. Increasing reliability of the key by storing multiple copies lowers confidentiality by creating additional attack vectors; there are more opportunities for a copy to fall into the wrong hands. Secret sharing schemes address this problem, and allow arbitrarily high levels of confidentiality and reliability to be achieved.
Read more about this topic: Secret Sharing
Famous quotes containing the words importance of, importance, secret, sharing and/or schemes:
“Society is the stage on which manners are shown; novels are the literature. Novels are the journal or record of manners; and the new importance of these books derives from the fact, that the novelist begins to penetrate the surface, and treat this part of life more worthily.”
—Ralph Waldo Emerson (1803–1882)
“The child thinks of growing old as an almost obscene calamity, which for some mysterious reason will never happen to itself. All who have passed the age of thirty are joyless grotesques, endlessly fussing about things of no importance and staying alive without, so far as the child can see, having anything to live for. Only child life is real life.”
—George Orwell (1903–1950)
“The secret thoughts of a man run over all things, holy, profane, clean, obscene, grave, and light, without shame or blame.”
—Thomas Hobbes (1588–1679)
“So close is the bond between man and woman that you can not raise one without lifting the other. The world can not move ahead without woman’s sharing in the movement, and to help give a right impetus to that movement is woman’s highest privilege.”
—Frances Ellen Watkins Harper (1825–1911)
“Science is a dynamic undertaking directed to lowering the degree of the empiricism involved in solving problems; or, if you prefer, science is a process of fabricating a web of interconnected concepts and conceptual schemes arising from experiments and observations and fruitful of further experiments and observations.”
—James Conant (1893–1978)