I know by now you must have been hearing that @zama is ensuring the security of our data. The question is, how do they do this? The main technology used by @zama for ensuring data privacy is the FHEVM What's FHVEM? The FHEVM (Fully Homomorphic Encryption Virtual Machine) is a groundbreaking extension of the standard Ethereum Virtual Machine (EVM), primarily developed by @zama. Its purpose is to enable confidential smart contracts on public blockchains. In a standard blockchain, all data (balances, inputs, logic, state) can be seen by everyoneon the blockchain. FHEVM changes this. It uses Fully Homomorphic Encryption (FHE) to allow computations to be performed on data that is encrypted without decrypting them. A user encrypts their sensitive data (e.g., a bidding amount or a private balance) using a global public key provided by the FHEVM network. They then submit the resulting ciphertext to the smart contract. The network and validators only see the encrypted data.
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So, recently, I've been reading and doing my research on @zama And I can say for sure that this is a solid project. Zama is making blockchain truly private. Using Fully Homomorphic Encryption (FHE), it lets you interact with apps, DeFi, and voting without revealing your data, i.e., your data are encrypted even while it's been processed. Zama’s tools let developers build privacy-first smart contracts today. They have raised $130M+ in funding so far Presently, they are running a creator and developer's campaign, which do last for a month. This month's own has started already, and you're still early. The top 10 would share $10k in rewards, while top 1000 will be rewarded with OG NFT, which grants future access and other exciting perks. How to Claim the Creator Access Program Role. 1. Join their discord discord.gg/zama 2. Visit the guild and follow the instructions. https://era.guild.xyz/zama You can start creating content and climb the leaderboard. Gzama!! #ZamaCreatorProgram
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