Fhenix, a potential layer-2 network that wants to bring fully homomorphic encryption (FHE) to smart contracts, has revealed a technical white paper for the first FHE rollup.
FHE itself is a form of encryption that ensures the confidentiality of the data even while it’s being used, for example in smart contracts, because data can remain encrypted and processed without ever needing to be decrypted.
This enables Ethereum and other EVM networks to process information privately, with potential applications related to private voting and confidential gaming — such as poker, for example.
Read more: Encryption startup Fhenix raises $7M for private computation
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