📣📣👉👉Protocol Village: Fhenix, Developer of 'Confidential Blockchain,' Now Plans #Ethereum Rollups. 👈👈
Fhenix, a company developing a "confidential blockchain" technology, has announced plans to launch Ethereum rollups that will leverage fully homomorphic encryption (FHE) to enhance privacy on the Ethereum network.
FHE is a cryptographic technique that enables computation on data without revealing the data itself, making it ideal for preserving privacy in #Blockchain transactions. By incorporating FHE into Ethereum rollups, Fhenix aims to address the privacy concerns that have been raised about the public nature of blockchain transactions.
Fhenix's Ethereum rollups will enable developers to build decentralized applications (dApps) that benefit from both the scalability of rollups and the privacy enhancements of FHE. This could lead to the development of a new wave of privacy-focused dApps on the Ethereum network.
Here are some of the key takeaways from the article:
- Fhenix is developing Ethereum rollups that will leverage FHE to enhance privacy on the Ethereum network.
- FHE enables computation on data without revealing the data itself, making it ideal for preserving privacy in blockchain transactions.
- Fhenix's Ethereum rollups will enable developers to build #dApps that benefit from both the scalability of rollups and the privacy enhancements of FHE.
