This is the year the world came onchain.
When we launched our first State of Crypto report, the industry was still in its adolescence. The total crypto market was worth about half what it is today. Blockchains were much slower, more expensive, and le
Each year, the State of Crypto report from a16z crypto cuts through the noise and tracks crypto’s evolution across markets, technology, policy, and culture.
Now in its fourth edition, the 2025 State of Crypto report reveals how crypto has gone ma
In this talk, Elaine Shi (Carnegie Mellon) gives a brief tutorial of Oblivious RAM (ORAM) – a cryptographic primitive that hides memory access patterns as seen by untrusted storage. She then discusses how ORAM evolved from a theoretical concept to large-scale real-world deployment, and the emerging demands and use cases for ORAM in both the blockchain community and for traditional cloud service providers. She also discusses Signal’s deployment of Path ORAM over their billion-sized database, and how ORAM allowed them to cut their 500 servers down to 6. Finally, she describes a new initiative to build an open-source Oblivious STL library, which aims to provide an oblivious counterpart of the standard STL library.
About the speaker
Elaine is an Associate Professor at Carnegie Mellon University. Before joining CMU, she taught at Cornell and the University of Maryland. Her research interests include cryptography, security, algorithms, mechanism design, and foundations of blockchains. She has won numerous awards including the Sloan Fellowship, the Packard Fellowship, the ONR YIP award, the NSA Best Science of Cybersecurity Paper award, and Cylab Distinguished Alumni Award. Her work on Oblivious RAM and privacy-preserving algorithms have been deployed at a large scale by companies like Signal, Google, and JP Morgan.
About a16z crypto research
a16z crypto research is a multidisciplinary lab that works closely with our portfolio companies and others toward solving the important problems in the space, and toward advancing the science and technology of the next generation of the internet.