NDV

Mind Network launches the fully homomorphic encryption verification network MindV Hubs, introducing FHE voting and delegation features

ChainCatcher news, the fully encrypted network Mind Network based on FHE has officially launched the FHE voting feature and verification network Hubs today at 16:00. Users can participate in voter registration with zero barriers or use vFHE to participate in Hubs delegation.Mind Network is incubated by Binance Labs and recently announced the completion of a $10 million Pre-A round of financing. Last month, it launched the voting product MindV based on fully homomorphic encryption (FHE). The newly launched MindV Hubs include two foundational module networks: FCN (Consensus Network) and FDN (Decryption Network), as well as the fully homomorphic encryption random number generator RandGen.Existing vFHE holders can participate in delegation and earn rewards. MindV Hubs are temporarily open for 10,000 early voter slots, and registration does not require holding vFHE. Additionally, future Hubs partners have been previewed, including InfStones, KIP Protocol, Rivalz Network, Lumoz, CARV, DIN, and Inferix.Mind Network is the first Web3 fully encrypted infrastructure based on FHE, providing end-to-end encryption for AI and Web3 networks through innovative fully homomorphic encryption, and offering solutions for data sovereignty protection, fair consensus, encrypted voting, and secure cross-chain transfers.

NDV Lianchuang: Has provided Usual with $6.5 million in liquidity for the vault on Morpho

ChainCatcher news, NDV co-founder Christian posted on social media that he has provided $6.5 million in liquidity to the stablecoin protocol Usual's treasury on Morpho. Christian believes that the best products should balance and incorporate the following points:Actively seek the highest risk-free yield across the industry;From a security perspective, deeply explore all avenues of interest generation, not just looking at the surface; consider performance in various extreme scenarios and conduct thorough audits;Have a deep understanding of liquidity; scale does not always mean safety. For example, in the case of a stablecoin/yield-generating asset, do not just look at the current liquidity in DEXs, but examine how the underlying mechanism supports de-pegging during a run;Maximize efforts to the extreme, which means squeezing partners for maximum incentives while aiming to minimize fee costs under a shared profit model;Consider any mindset a user might have, starting from the perspective of large holders/institutions with millions of dollars, while also trying to understand the mindset of users with only a hundred dollars in their pockets;Always maintain a tension in thinking between centralization and decentralization, determining where centralized solutions should be used to address barriers and cost issues, and where it is essential to maintain decentralization and transparent credit establishment.
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