$FHE unicorn Zama completes $58.00 million financing round. Can "HTTPZ" and the new privacy protocol help $FHE technology achieve a hundredfold performance increase and large-scale implementation?
Fully Homomorphic Encryption ($FHE) is a technology that allows data to be processed directly in its encrypted state. It can perform addition, subtraction, multiplication, and division operations on data without decrypting the data itself.
Based on this concept, Zama attempted to introduce $FHE technology into EVM in 2023 and launched its open-source product, fhEVM, which aims to enable smart contracts to run directly on encrypted data.
The recently popular Ethereum Layer 2 network Fhenix is built on the fhEVM architecture.
Of course, Zama did not stagnate after launching fhEVM. The team recently launched the Zama Confidential Blockchain Protocol (hereinafter referred to as Zama Protocol), which is committed to providing developers with the ability to flexibly use encrypted smart contracts.
Specifically, Zama Protocol is not a new Layer 1 or Layer 2, but a "encrypted computing layer" that can be deployed on any Layer 1 or Layer 2 (which can be understood as a privacy enhancement module). Its core features include the following:
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