fhenix
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🔐 #Fhenix : New Solution for Blockchain Privacy — FHE Technology
The biggest problem with blockchain is that everything is public — wallet balance, trades, everything. This is a big obstacle for private businesses and DeFi projects.
Fhenix founder Guy Zyskind says that Fully Homomorphic Encryption (FHE) is the real solution to this problem.
What is FHE?
FHE is a technology in which encrypted data can be processed without decrypting it. This means smart contracts can handle trading strategies, bid amounts, and user identities without exposing them.
Zyskind claims that FHE is much better than ZK proofs, TEEs, and MPC because it keeps data encrypted throughout the entire lifecycle.
CoFHE — New Product Launch
Fhenix has launched CoFHE which is a lightweight FHE coprocessor. It is live on both Arbitrum and Base.
The special thing about CoFHE is that it decrypts 50 times faster than other solutions and gives 5,000 times more throughput compared to older FHE systems.
Developers can now add encrypted computation into their existing smart contracts without advanced cryptography knowledge.
What Can Developers Build?
All of this is possible on Fhenix: Private DeFi applications, Sealed-bid auctions, Private governance votes, Confidential identity verification, and Private micropayment system.
Funding and Partnerships
Fhenix has raised over $22 million in total funding including a $15 million Series A led by Hack VC. Amber Group, Primitive Ventures, and GSR are also part of it. Partnership with Offchain Labs and EigenLayer is also there.
Fhenix now plans to expand CoFHE to more EVM chains as well.
#BlockchainPrivacy #FHE #MarketRebound
#HarvardAddsETHExposure
The biggest problem with blockchain is that everything is public — wallet balance, trades, everything. This is a big obstacle for private businesses and DeFi projects.
Fhenix founder Guy Zyskind says that Fully Homomorphic Encryption (FHE) is the real solution to this problem.
What is FHE?
FHE is a technology in which encrypted data can be processed without decrypting it. This means smart contracts can handle trading strategies, bid amounts, and user identities without exposing them.
Zyskind claims that FHE is much better than ZK proofs, TEEs, and MPC because it keeps data encrypted throughout the entire lifecycle.
CoFHE — New Product Launch
Fhenix has launched CoFHE which is a lightweight FHE coprocessor. It is live on both Arbitrum and Base.
The special thing about CoFHE is that it decrypts 50 times faster than other solutions and gives 5,000 times more throughput compared to older FHE systems.
Developers can now add encrypted computation into their existing smart contracts without advanced cryptography knowledge.
What Can Developers Build?
All of this is possible on Fhenix: Private DeFi applications, Sealed-bid auctions, Private governance votes, Confidential identity verification, and Private micropayment system.
Funding and Partnerships
Fhenix has raised over $22 million in total funding including a $15 million Series A led by Hack VC. Amber Group, Primitive Ventures, and GSR are also part of it. Partnership with Offchain Labs and EigenLayer is also there.
Fhenix now plans to expand CoFHE to more EVM chains as well.
#BlockchainPrivacy #FHE #MarketRebound
#HarvardAddsETHExposure
FHENIX BREAKTHROUGH UNLOCKS SECRET FINANCE $BTC
Entry: 0.45 🟩
Target 1: 0.65 🎯
Target 2: 0.80 🎯
Stop Loss: 0.38 🛑
The impossible is NOW possible. Fhenix just shattered the speed barrier for encrypted finance. Real-time secure transactions are here. This changes EVERYTHING for DeFi. Get in before the herd. This is the future of secure money. Don't miss this rocket.
Disclaimer: This is not financial advice.
#Fhenix #FHE #DeFi #Crypto 🚀
Entry: 0.45 🟩
Target 1: 0.65 🎯
Target 2: 0.80 🎯
Stop Loss: 0.38 🛑
The impossible is NOW possible. Fhenix just shattered the speed barrier for encrypted finance. Real-time secure transactions are here. This changes EVERYTHING for DeFi. Get in before the herd. This is the future of secure money. Don't miss this rocket.
Disclaimer: This is not financial advice.
#Fhenix #FHE #DeFi #Crypto 🚀
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