FHE Ecosystem News and Research

ChainCatcher news, Mind Network and ZAMA will jointly hold a founder dialogue on FHE (Fully Homomorphic Encryption) and AI at 23:30 Beijing time on June 17, in X Space. ZAMA CEO Rand Hindi, Mind Network co-founders Christian, Mason, and research lead Ashely will participate in the discussion. Both Mason and Ashely are Ethereum fellows.This dialogue will delve into the integration of FHE and AI technologies and their potential in practical applications. Recently, ZAMA and Mind Network jointly launched the Hybrid FHE AI network, aimed at enhancing the security and privacy of decentralized AI. On July 10, Mind Network will also collaborate with ZAMA at the CoFHE event during ETHCC to continue the thematic discussion on "How to Build FHE AI."Zama is an open-source cryptography company focused on developing privacy-preserving machine learning frameworks, simplifying the use of FHE, and supporting the automatic conversion of machine learning models into FHE-equivalent models. Mind Network is the first FHE Restaking layer designed for AI and PoS networks, providing solutions for AI networks, DePIN, and storage in Web3 infrastructure.

ChainCatcher news, Arweave founder Sam Williams tweeted that a privacy computation using FHE will soon be launched within the AO process.

ChainCatcher news, Mind Network announced on social media that it will collaborate with the shared security protocol Symbiotic to launch a re-staking based FHE shared security service.With the launch of Symbiotic, it also announced a $5.8 million seed round financing. As one of the first partners, Mind Network will leverage Symbiotic's re-staking services and sovereign features, combined with FHE fully homomorphic encryption, to enhance the economic and consensus security of decentralized networks.Symbiotic is a permissionless shared security protocol designed to promote the development of decentralized networks, dedicated to providing developers with a friendly platform to create trust-minimized applications.Mind Network is the first FHE Restaking layer designed for AI and PoS networks, supporting solutions for AI networks, DePin, and storage in Web3 infrastructure.

ChainCatcher news, according to The Block, Ethereum L2 Fhenix has announced the completion of a $15 million Series A funding round, led by Hack VC, with participation from Dao5, Amber Group, Primitive Ventures, GSR, Collider Ventures, and Stake Capital. To date, the company's total funding has reached $22 million. It is reported that Fhenix has announced the launch of its open test network, named Helium (originally planned to be named Renaissance), allowing developers to deploy "confidential" smart contracts on the Fhenix Layer 2 network.Additionally, the Web3 asset data platform RootData shows that Fhenix is the first blockchain powered entirely by fully homomorphic encryption. By using fhEVM, Fhenix enables Ethereum developers to seamlessly build encrypted smart contracts and perform encrypted data computations while using Solidity and other familiar and easy-to-use tools.

ChainCatcher news, Mind Network announced a strategic partnership with Chainlink Labs to launch the first institutional-grade FHE (Fully Homomorphic Encryption) cross-chain product based on the Cross-Chain Interoperability Protocol (CCIP), aimed at enhancing asset security and data privacy in cross-chain communication.The FHE Bridge has previously launched on testnets of Ethereum, Arbitrum, and Polygon, processing over 3.2 million transactions for more than 650,000 active users. Mind Network's FHE Bridge combines the FHE Invisible Address Protocol (MindSAP) and FHE verification to provide a comprehensive cross-chain solution via CCIP, capable of supporting quantum resistance and offering new cross-chain security standards for financial institutions and enterprises.This collaboration will also establish a strategic alliance to jointly enhance asset and data privacy security in Web3 and AI, promoting the technological application of FHE.Mind Network is the first FHE Restaking layer designed for AI and PoS networks, focusing on securing on-chain data, while Chainlink is a decentralized oracle network that has launched the interoperability protocol CCIP.

ChainCatcher message, Ethereum co-founder Vitalik Buterin stated on social media, "Due to the recent interest in Fully Homomorphic Encryption (FHE) by many people, I am reposting my article published in 2020, which delves into the underlying mathematical workings."

ChainCatcher news, according to Blockworks, the Ethereum L2 project Fhenix has announced a partnership with EigenLayer to develop the FHE co-processor, which will introduce Fully Homomorphic Encryption (FHE) into smart contracts.It is reported that a co-processor is an additional processor designed to perform specialized tasks more efficiently than a central processing unit. The FHE co-processor is characterized by its ability to compute on encrypted data without needing to decrypt the information first, ensuring that sensitive and complex computational tasks are not handled on Ethereum or subsequent Layer 2 or Layer 3 solutions, but rather by designated processors.Additionally, the FHE co-processor will provide a more efficient way to handle encrypted data without exposing personal information, thereby unlocking new use cases on the blockchain.

ChainCatcher message, the confidential blockchain Fhenix powered by Fully Homomorphic Encryption (FHE) announces the release of the Fully Homomorphic Encryption (FHE) Rollups "FHE-Rollups" white paper. FHE-Rollups is a more scalable technology for executing arbitrary confidential smart contracts, designed using the Optimistic Rollup approach.

ChainCatcher News: The first fully homomorphic encryption (FHE) powered confidential blockchain, Fhenix, has announced a $7 million seed round financing led by Multicoin Capital and Collider Ventures, with participation from Node Capital, Bankless, HackVC, TaneLabs, and Metaplanet, as well as individual investors including Tarun Chitra and Robert Leshner of Robot Ventures.It is reported that the funds will be used to bring the Fhenix network to the public testnet early next year and to support ecosystem application development.