Protocol Village: Fhenix introduces ‘confidential blockchain’ to Ethereum ✅✅ | Cryptocurrency Mania | Coins | January 2024
Coin Monk
2 days ago
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On November 16, Fhenix announced the introduction of the “FHE Rollup,” which aims to improve Ethereum’s privacy features. Following a successful $7 million funding round last September, Fhenix’s innovation leverages fully homomorphic encryption (FHE) technology to enable developers to build confidential layer-2 networks that are fully compatible with the Ethereum infrastructure. The team’s vision is to provide a cryptographic rollup stack that allows developers to easily create networks without having to understand complex underlying cryptography technologies.
- Fhenix developers introduce «FHE Rollup» to enhance privacy on the Ethereum blockchain.
- Confidential blockchain utilizes fully homomorphic encryption (FHE) technology.
- FHE Rollup allows you to build an Ethereum-compatible layer 2 network.
- The $7 million raised in September supports Fhenix’s confidential blockchain development efforts.
- Developers can take advantage of the encrypted rollup stack to create networks securely and efficiently.
Fhenix is a cutting-edge developer of confidential blockchain solutions focused on privacy and security. The company aims to revolutionize blockchain development through its unique approach to data encryption, privacy, and secure transactions. This section introduces the concept of confidential blockchain technology, the successful fundraising effort that brought Fhenix to life, and the critical role of fully homomorphic encryption (FHE) in realizing the company’s vision.
What is ‘Confidential Blockchain’ technology?
