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I recently came across some shocking news:
The privacy computation company @zama_fhe has raised $130 million and has made significant breakthroughs in Fully Homomorphic Encryption (FHE).
In simple terms, they have accelerated the speed of cryptographic computation from "snail" to "high-speed train," with throughput soaring from 0.1 TPS to 230 TPS. In the future, they plan to develop specialized chips, aiming to reach 100,000 TPS by 2029, on par with Visa and Mastercard.
What does this mean?
In the future, on-chain voting, auctions, and financial transactions can all be completed without exposing user privacy.
Zama now even has a testnet that can run applications like sealed bidding and anonymous voting.
Summary in one sentence: Previously, everyone thought FHE was just a concept, but now Zama has made it "run," and privacy finance really feels a bit futuristic. #ZamaCreatorProgram Zama