An obfuscator
is Virtual Grey Box (VGB) for a class
of circuits if, for any
and any predicate
, deducing
given
is tantamount to deducing
given unbounded computational resources and polynomially many oracle queries to C. VGB obfuscation is often significantly more meaningful than indistinguishability obfuscation (IO). In fact, for some circuit families of interest VGB is equivalent to full‐fledged Virtual Black Box obfuscation. We investigate the feasibility of obtaining VGB obfuscation for general circuits. We first formulate a natural strengthening of IO, called strong IO (SIO). Essentially,
is SIO for class
if
whenever the pair
is taken from a distribution over
where, for all x,
only with negligible probability. We then show that an obfuscator is VGB for a class
if and only if it is SIO for
. This result is unconditional and holds for any
. We also show that, for some circuit collections, SIO implies virtual black‐box obfuscation. Finally, we formulate a slightly stronger variant of the semantic security property of graded encoding schemes [Pass‐Seth‐Telang Crypto 14], and show that existing obfuscators, such as the obfuscator of Barak et al. [Eurocrypt 14], are SIO for all circuits in
, assuming that the underlying graded encoding scheme satisfies our variant of semantic security. Put together, we obtain VGB obfuscation for all
circuits under assumptions that are almost the same as those used by Pass et al. to obtain IO for
circuits. We also observe that VGB obfuscation for all polynomial‐size circuits implies the existence of semantically‐secure graded encoding schemes with limited functionality known as jigsaw puzzles.