Fhenix
@FhenixIO
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Fhenix is an Ethereum L2 and Coprocessor that uses FHE for onchain confidentiality.
Joined June 2023
1/ Fhenix just got a major boost!. Nitrogen takes @FhenixIO's decentralization from zero to one while improving its security & performance. Nitrogen scales with @CelestiaOrg underneath while providing the elements needed to build FHE apps on Ethereum. ✨.
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1/ Today marks an important milestone in our mission to bring confidentiality to Ethereum through the first L2 powered by fully homomorphic encryption (#FHE). We're excited to announce we've raised $15M in Series A funding and released our initial testnet: Helium.
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Join @sreeramkannan from @eigenlayer & @GuyItzh @GuyZys from @FhenixIO on April 18 at 11am PT to learn about: . ✨the @eigenlayer mainnet launch.✨#FHE and why #ETH needs it .✨the @eigenlayer ♾️@FhenixIO partnership around #FHE coprocessors.
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1/ Get compensated to build the future of onchain confidentiality!. We're taking the Fhenix ecosystem to the next level by providing builder incentives with the Fhenix Grant and Bounty program.
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1/ Today we’re thrilled to announce a partnership with @Privasea_ai, a leader in FHEML-focused AI + DePIN computing. Together, we'll be working to advance the development of secure AI applications using Fully Homomorphic Encryption (#FHE).
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Get your hands on some of this $5k prize pool by building a confidentiality-enabled application from anywhere in the world during the @ETHGlobal #ETHOnline hackathon kicking off this Friday. 📆: August 23 - September 13.📍: The Internet.
@FhenixIO is offering $5,000 USD in prizes. Fhenix is the first Fully Homomorphic Encryption (FHE) powered L2 to bring computation over encrypted data to Ethereum. 🔗 :
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1/ Builders rejoice: we've created a Foundry-based template for devs to create, deploy, & manage smart contracts on Fhenix. The template facilitates development & testing of confidentiality-enabled smart contracts without the need for a fully operational FHE network.
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🗣️ Drop by the Fhenix Discord tomorrow, June 18th at 16:00 UTC for the Fhenix Ecosystem Call. 📞. 📋 Agenda:.- @GuyItzh on recent developments in the Fhenix ecosystem.- @Cashmaney3 and @yonatanerez on the technical roadmap.- Community Q & A.
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Fhenix ♾️ EigenLayer. We're thrilled to announce an engineering partnership with @eigenlayer to develop a novel #FHE coprocessor architecture. Together, we are pioneering a new way for blockchains to incorporate FHE-enabled onchain confidential computing. By combining the
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📢 SPEAKER ANNOUNCEMENT. ✨ We are thrilled to welcome @sreeramkannan from @eigenlayer and @TrustlessState from @BanklessHQ as speakers at #EncryptionDay24 on Feb 28th during #ETHDenver2024!. Join us here:
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📢 SPEAKER ANNOUNCEMENT. ✨ We are thrilled to have our very own @GuyZys, co-founder @FhenixIO as a speaker at #EncryptionDay24 on Feb 28th during @EthereumDenver!. Join us here:
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1/6 Our team has been hard at work! About a month after our $7.5M raise by @multicoincap, @ColliderVC,@Node_Cap, @banklessvc, @hack_vc, @tanelabs, @robotventures, @sora_ventures & @HashKey_Capital, @FhenixIO is excited to reveal its FHE rollups Whitepaper.
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Introducing Fhenix: The first blockchain powered by Fully Homomorphic Encryption!. Fhenix enables direct computation over encrypted data without ever revealing the data to the server! . Click here to learn more!. #FHE #Web3 #Encryption
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FHE is moving fast. Here are 4 key distinctions between FHE and ZK:. a) Encryption computation: ZK cannot compute over encrypted data from multiple users without sacrificing security - FHE can. b) Scalability: ZK is more scaleable than FHE (for now). c) Complex calculations:
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1/ Scaling confidential compute with Celestia underneath ✨. Fhenix needs high-throughput to scale confidential compute to every developer, so we've chosen @CelestiaOrg, the leader in modular data availability for the @FhenixIO network.
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FHE was named "amongst the most powerful innovations in crypto this decade" by @MessariCrypto CEO in the Crypto Theses 2024 report. Missed it?. Here's a recap 👇
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ICYMI: yesterday we announced we raised $15M in Series A funding to help bring confidentiality to Ethereum with the first #FHE Layer 2 AND launched Helium: the initial Fhenix testnet.
1/ Today marks an important milestone in our mission to bring confidentiality to Ethereum through the first L2 powered by fully homomorphic encryption (#FHE). We're excited to announce we've raised $15M in Series A funding and released our initial testnet: Helium.
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1/ Fully Homomorphic Encryption (FHE) enables the computation of encrypted data. It's a game-changer for on-chain computations, but not the only available solution. This thread will look at FHE in light of:.- TEEs.- Secure MPC.- ZK Proofs.
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We’re thrilled to announce our $7.5m seed round led by @multicoincap and @ColliderVC, with participation from @Node_Cap, @banklessvc, @hack_vc , @tanelabs and @robotventures!. Learn more here:.
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Check out our very own @GuyZys on this episode of @therollupco!. Hear Guy break down why FHE is the ultimate privacy enhancing technology (PET) for computing over encrypted data, use cases, adoption, and @FhenixIO's decision to leverage the @arbitrum stack.
NEW EP: What Is The Big FHE Unlock? With Guy Zyskind. True onchain privacy requires tech that balances security with usability. For today's pod, @robbie_rollup sat down with @GuyZys of @FhenixIO to explore FHE, co-processors, and what a private rollup stack could look like in
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1/6 FHE-Rollups: The Pursuit of Scalable Security. For a long time, #FHE was an elusive dream in the world of #cryptography. Today, with @FhenixIO we stand at the cusp of achieving scalable #security, offering unmatched standards of #encryption. Keep reading
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1/ FHE will revolutionize #blockchain!. In this thread, we will explore 3 additional key challenges ahead:. - #ZKP integration for swift FHE validation.- Data Availability optimization for #FHE support.- FHE Accelerators Advancement for efficiency. Let's dive in.#Ethereum
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Fully Homomorphic Encryption, once considered impossible by leading cryptographic experts, is finally here!. Read more in this intro to #FHE & its impact on the #blockchain ecosystem👇. #Ethererum #Web3
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Why is FHE so important for blockchain?. FHE is revolutionizing the landscape of #blockchain technology by eliminating the need for data decryption prior to computation. With #FHE, encrypted data can be used without ever exposing the underlying information!. Keep reading👇
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The privacy revolution is coming. Here are 7 MAJOR use cases for FHE:. 1) Confidential Transactions.2) On-Chain Auctions.3) Confidential Voting.4) Encrypted Gaming.5) Decentralized Identity.6) MEV Protection.7) Privacy-Preserving AI. We cover them all in our new piece 👇👇.
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The problem: Blockchains ensure correct execution and censorship resistance in a trust-minimized way (i.e., without trusting any centralized operator), at the expense of data confidentiality. Keep reading👇. #FHE #BLOCKCHAIN #Ethereum
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1/11 On-chain FHE Made Practical - Exploring Fhenix's Threshold Service Network (TSN). In this thread we will discuss:.- why FHE is ideal for confidential computing.- what is threshold FHE.- how TSN makes FHE practical in a distributed environment. Let's find out 👇
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FHE can process arbitrary computations over encrypted data that remains secure at all times!. This will fundamentally shift #blockchain's application landscape, but as an emerging technology, #FHE faces 5 major challenges. Learn all about it:
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📢 SPEAKER ANNOUNCEMENT. ✨ We are thrilled to welcome @nickwh8te from @CelestiaOrg and @leah_cb from @emfarsis @CoinDesk as speakers at #EncryptionDay24 on Feb 28th during #ETHDenver!. Join us here:
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1/4 The Evolving Landscape of L2 Solutions: @VitalikButerin explores #Ethereum's dynamic L2 ecosystem, while @FhenixIO introduces #FHE-Rollups. Let's connect the dots!.Keep reading.
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Will you be at @ETHDenver next year?.Make sure to SAVE THE DATE & join us on Feb 28th for "Encryption Day", a 1-day technical summit focused on #ZKP, #MPC & #FHE. Space will be limited. #Ethereum #ETH #encryption #blockchain
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11/ We'll soon be announcing grant & bounty programs to incentivize this new school of builders. In the meantime, everything you need to begin building can be found in the Fhenix docs:
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Lior from @fhenixio joins a panel at @dorahacks @AppChainDay during @EthereumDenver . “We chose @Arbitrum because their nitro fraud proofs were a great choice for #FHE.”
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happy new year! . manifesting a permissionless platform for confidential compute in 2025 🙏✨
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Join our space to discover #FHE Rollups and #Ethereum's encrypted future!. In Nov 29, 10am EST @GuyZys and @GuyItzh of @FhenixIO will join @KyleSamani of @multicoincap to discuss some of the most interesting aspects of FHE Rollups. Don’t miss out! #ETH .
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probably nothing 👀.
Since a lot of people are interested in fully homomorphic encryption (FHE) recently, re-upping my article from 2020 that goes into how the math works in depth:.
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1/ DeFi needs Fully Homomorphic Encryption (FHE). In this thread we'll cover:.- Challenges with a transparent DeFi ecosystem.- FHE as a solution.- Recent cryptographic developments. This is an emerging area worth watching.
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Big thanks to @KyleSamani, @tarunchitra, @GuyZys & @GuyItzh for contributing to our recent Space! If you missed the live discussion, catch up on the highlights and key points in this blog: . . @FhenixIO #ETH #fhEVM #FHERollup #FHE
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Congrats to the cracked team at @felendxyz on being one of the first @FhenixIO grant recipients!. Confidential lending protocol loading ████▒▒▒▒▒▒ %.
Big News! 🔥 Felend has received a grant from @FhenixIO as one of the earliest builders! 🏆 . This grant drives our mission to deliver secure, confidential, institutional-grade lending solutions powered by #FHE. We’re excited to shape the future of DeFi lending with Fhenix!
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1/5 After an incredible weekend at @eth_seoul_ 🇰🇷, we're thrilled to present you @FhenixIO's ETH Seoul hackathon track winners!. A huge round of applause to STinDer, Create-Fhenix-Dapp, and Fhesig 🎉🎊. 👇🧵
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On-chain auctions urgently need built-in privacy, with liquidations, ICOs, and more being limited by blockchain's innate transparency. FHE helps in:.- Protecting bidder data.- Preventing front-running or collusion.- Adhering to strict regulatory standards. Learn more below 👇👇
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Incredible news, and just the beginning for FHE 🚀.
We're thrilled to announce our $73 million Series A funding, led by @protocollabs and @multicoincap, to bring FHE to the fore, and give developers tools to tackle data privacy challenges across blockchain and AI use cases. Read more @TechCrunch.
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ICYMI: the notorious @VitalikButerin was asked about #FHE and FHE Rollups at BUIDL Asia 2024. In Vitalik's own words: "Fully homomorphic encryption is super valuable for a bunch of applications. I think there's specific applications where it makes a huge amount of sense."
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The 3 phases of FHE progression:. Phase 1: increased data privacy, & compliance for institutions & consumers. -Phase 2: new privacy apps such as private voting, trustless gaming, payments, etc. -Phase 3: A complete computing renaissance.
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On-chain auctions NEED encryption. Liquidations, NFT sales, and more benefit from FHE’s built-in privacy. Why?.- Privacy: real-world attacks & strategic bids.- Integrity: front-running & collusion.- Compliance: a legal need for privacy & security. Let's take a look 👇
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12/ We are thrilled to be taking these first steps towards a confidential future for Ethereum with you, and we can’t wait to build this exciting future together. You can read the full version of this announcement on the Fhenix blog:
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Are you #Ethereum developer attending @EthereumDenver?. We invite you to @FhenixIO’s inaugural hacker house, designed for aspiring developers ready to dive into the world of #FHE-powered confidential smart contracts!. Space is limited, apply now:.
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We're live! Come tune in on Discord now: .
🗣️ Drop by the Fhenix Discord tomorrow, June 18th at 16:00 UTC for the Fhenix Ecosystem Call. 📞. 📋 Agenda:.- @GuyItzh on recent developments in the Fhenix ecosystem.- @Cashmaney3 and @yonatanerez on the technical roadmap.- Community Q & A.
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We invite you to join us at "Rebuild Ownership 2.0: Internet Privacy Hackathon". Exciting times are ahead as we work on open-source encryption solutions for the next-gen of blockchains!.@DataverseOS @Fhenix @Filecoin #Ethereum #FHE.
🚀 Exciting News! . The "Rebuild Ownership 2.0: Internet Privacy Hackathon" is here to revolutionize the way we think about data privacy on the Internet. Let's dive into this incredible hackathon and why it matters!. A 🧵-.
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1/7 We're teaming up with @eigenlayer to help bring confidential computation and all the potential use-cases it unlocks to #Ethereum. Both teams are committing significant engineering efforts into the development of #FHE coprocessors, which will help scale FHE-based rollups. 🧵
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@FhenixIO's Q1/24 is set to be action-packed, aligning with our much-anticipated public testnet launch!. We're gearing up for major events including:.@pennblockchain week.@ethereumdenver.@ethglobal London.@eth_seoul_. Details below 👇
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Thanks everyone who attended our Speakers & Friends dinner. 🙏. Great food and even better company!
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📢 SPEAKER ANNOUNCEMENT. ✨ We are thrilled to welcome @sgoldfed from @arbitrum, @AmosMeiri from @Node_Cap, and our very own @GuyItzh as speakers at #EncryptionDay24 on Feb 28th during #ETHDenver!. Join us here:
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Check out @Nasdaq's latest interview with @FhenixIO’s lead @GuyItzh, packed with insights about the new era of confidential smart contracts:. @NikolaiKuznets #Ethereum #Encryption #Blockchain #Solidity.
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thanks @Yogita_Khatri5 and @TheBlock__ for the scoop 🤝.
EXCLUSIVE: Ethereum Layer 2 Fhenix, focused on confidentiality, raises $15 million in Series A funding
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"I believe FHE’s commercial adoption is fast approaching reality. its application will extend to various industries, establishing a new paradigm in data privacy and security.". Our very own @GuyZys on the imminent FHE paradigm shift, via @TheStreet:
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On-Chain Confidentiality: @KyleSamani of @multicoincap is joined by @GuyItzh, CEO of @FhenixIO & @pascal_paillier, co-founder of @Zama, to discuss new applications of Fully Homomorphic Encryption #FHE in blockchain. Check it out!
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Let's go!.
Announcing the Confidential Computing Constellation. Since the publication of the Secret 2.0 vision, we've hinted about a “constellation” of interconnected blockchains serving as a privacy hub for Web3. With @FhenixIO, this vision has become a reality.
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1/ Data can exist in 3 states:. 🛌 At Rest: Stored on a database, hard drive, blockchain, etc. 🚚 In Transit: Moving over a network. ➕ In Use: Actively processed by an algorithm or program. Here’s why encryption in use is a big challenge (and how FHE solves it). ⬇️.
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3/3 To learn more about FHE rollups join the discussion in our Discord:.
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The one and only @kyle_corsola spreading the #FHE gospel at House ZeR0 and ZK Belgrade. Thanks @RiscZero and @attic42 for having us!
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Anonymity and confidentiality are closely intertwined, yet distinct and often misunderstood. Anonymity: is the transactor's identity known?. Confidentiality: are transaction details known?. It has been projects focused on anonymity that have faced subsequent legal issues.
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1/ The @Fhenixio team had a blast at @EthereumDenver!. Highlights included:.- Encryption Day.- Our FHE hackathon track.- @edu_dao's builders event.- The Fhenix booth.- Many different panel talks & workshops. Here are the highlights 👇👇
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1/ Crypto is often criticized as being a solution in search of a problem. While not everything need be put on a decentralized and immutable ledger, there are some cases where it absolutely makes sense. Here's a few reasons why FHE + blockchain are a natural fit. ⬇️.
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1/ Drumroll please. 🥁. We're happy to present the winners for the Fhenix track of the @ETHGlobal hackathon!. Kudos to these amazing builders for building at the forefront of onchain encryption and confidentiality. ⤵️
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The first-ever Fhenix & @zama_fhe Hackathon has concluded - a two-day event in Paris and online. A big thank you to all participants and our esteemed judges - @OwnYourDataNow @juanbenet @ObadiaAlex
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2/ Ethereum has made huge strides over the last decade, notably the move to proof of stake and the maturation of Layer 2s as an effective scaling solution. But a glaring obstacle still remains for the world's largest smart contract platform: it has no confidentiality.
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Prediction markets allow users to place bets on the outcome of future events. They're quickly shifting on-chain and FHE enhances them in 3 ways:. 🕵️♀️ Confidentiality.🔒 Security.🎲 Advancing Betting Mechanisms. Below we'll cover how!.
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