October 26, 2019 Aztec Protocol, which aims to enable confidential Ethereum transactions, commences its ‘Ignition’ computation ceremony.

On Friday, 200 pre-selected nodes began running Aztec’s MPC software to collectively generate a ‘reference string’ of encrypted points, from which all future Aztec notes will be derived. Aztec’s ceremony will last 30 days and is comprised of two phases: a relay phase during which a large number of cryptographic points are generated, and a post-processing phase in which a Codex is constructed using these points. The event closely resembles zCash’s 2017 ‘Powers of Tau’ computation ceremony, wherein participants likewise generated random code before disposing of the resulting ‘cryptographic waste.’