The post Fhenix Integrates Celestia to Boost Privacy-Focused Dapps with Data Availability appeared on BitcoinEthereumNews.com.

Celestia offers scalable, privacy-focused apps on Fhenix’s network by making data available. Fhenix’s integration with Celestia improves both privacy and processing efficiency. Fhenix, an internationally known Fully Homomorphic Encryption (FHE) Layer 2 solution, has established an exclusive partnership with Celestia to improve its data availability. Celestia will now be Fhenix’s primary data availability solution, providing decentralized, dependable data streams and making it easier for developers to build on-chain applications with privacy features. Celestia’s modular and lightweight architecture works perfectly with Fhenix’s Ethereum Virtual Machine (EVM)-compatible network. The collaboration allows for more efficient and cost-effective processing of encrypted on-chain data, paving the way for the creation of powerful decentralized applications (dapps) with full end-to-end encryption. This provides up new possibilities for applications such as decentralized finance (DeFi), gaming, and private voting. Guy Itzhaki, co-founder and CEO of Fhenix, stated that the platform’s purpose is to make FHE technology more accessible. He stressed that incorporating data availability solutions such as Celestia is a critical component of Fhenix’s approach for lowering FHE computation costs and, as a result, increasing technology accessibility. Enhancing Confidential Computation and Advanced Dapps Celestia’s integration with Fhenix provides a scalable, flexible framework for constructing confidentiality-enabled applications. Celestia’s lightweight, modular design compliments Fhenix’s EVM-compatible network, enabling secure computations and more efficient processing of encrypted on-chain data. This collaboration will enable developers to create safe, end-to-end encrypted dApps on Fhenix utilizing Solidity and the fhEVM. This expanded privacy architecture will considerably benefit applications such as confidential voting, gaming, and DeFi. Fhenix intends to accelerate the development of cutting-edge blockchain solutions by leveraging Celestia’s data availability layer, which provides solid privacy and encryption capabilities for a wide range of use cases. With this cooperation, Fhenix strengthens its position in the blockchain market by allowing developers to focus on innovation while assuring data…

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Filed under: News - @ September 14, 2024 11:28 am