Fhenix and Celestia Team Up to Revolutionize Privacy and Efficiency in Blockchain Development
September 14, 2024Fhenix has announced a partnership with Celestia aimed at enhancing data availability for privacy-focused applications.
As part of this collaboration, Celestia will serve as Fhenix's primary data availability solution, ensuring decentralized and reliable data streams.
This partnership enables cost-effective processing of encrypted on-chain data, which supports decentralized applications (dapps) with full end-to-end encryption.
One of the key goals of the partnership is to reduce the costs associated with Fully Homomorphic Encryption (FHE), thereby increasing accessibility to this technology.
Guy Itzhaki, co-founder and CEO of Fhenix, highlighted the importance of making FHE technology more accessible to developers.
Developers will be able to create secure, end-to-end encrypted dApps on Fhenix using Solidity and the fhEVM.
Celestia's modular architecture is compatible with Fhenix's Ethereum Virtual Machine (EVM)-based network, facilitating seamless integration.
This collaboration positions Fhenix to accelerate the development of advanced blockchain solutions while ensuring data security and privacy.
The integration not only improves privacy but also enhances processing efficiency for developers building on-chain applications.
Potential applications of this technology span across decentralized finance (DeFi), gaming, and private voting, showcasing its versatility.
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Live Bitcoin News • Sep 14, 2024
Fhenix Integrates Celestia to Boost Privacy-Focused Dapps with Data Availability | Live Bitcoin News