The post Fhenix Unveils Nitrogen Testnet, Pioneering Confidential Smart Contracts with FHE appeared on BitcoinEthereumNews.com.

Fully Homomorphic Encryption (FHE) Layer 2 Fhenix has announced a significant upgrade to its testnet . Fhenix is getting closer to its mainnet debut with the release of Nitrogen, the most recent version, which adds significant new decryption capabilities. By using the Threshold Network, which is the mechanism that Nitrogen employs to manage decryption in a manner that minimizes the need for trust, Nitrogen dramatically improves the level of decentralization that the Fhenix network has. The Parallel Decryptions feature is yet another important addition that was included with the Nitrogen upgrade. Through the use of asynchronous decryption, Parallel Decryptions are able to reduce the lengthy and computationally costly activities that FHE schemes need. This allows them to provide customers with the quick and seamless experience that they have come to expect. Additionally, developers that use the Nitrogen testnet will benefit from Security Zones, which provide a customizable approach to the protection of decentralized applications (dApps). Because of this, applications will be able to be tuned to meet a wide range of needs, including those pertaining to performance and security. There are two Security Zones that Nitrogen supports. Zone 0 is the default configuration, and it places an emphasis on security while also implying less trust for the user. Zone 1, on the other hand, places an emphasis on performance rather than security, and it uses a single local keyset that is kept by the sequencer to conduct decryption. Fhenix CEO Guy Itzhaki said: “The Nitrogen testnet is a major step towards providing a permissionless, censorship-resistant platform for confidentiality with FHE. The introduction of the Threshold Network, along with new features such as Parallel Decryptions and Security Zones give developers the tools they need to create powerful confidential applications on Ethereum and bring us one step closer to the Fhenix mainnet launch.” Additionally, Celestia is…

---

Filed under: News - @ November 20, 2024 7:21 pm