I’m an artist at web3 for 3years , and ai coin enjoyer
17 Followers
Well now everyone know what is @zama_fhe , what is FHE and what is encrypt. But some people didn't know zama has public testnet (and yes they're pausing the demo for now) so i wanna share some recast about zama testnet. what was happen on testnet? Zama lunched the testnet in early July. user can tested by adding sepolia network and claimed the faucet token (USDZ) on portfolio.demo.zama.ai and u can tested confidential features by shielding ,or make transaction on zama by sending your demos token USDZ or cUSDZ to another wallet in "Transfer tap", and yes u could also see your encrypted tx in zama explorer. ZAMA testnet can say success , nearly half of the block space on sepolia testnet was due to Zama, Zama had over 7millions confidential tx in 3 days , has 350,000 demos token holders and executed over million FHE operations in testnet. zama testnet is pause and mainnet will probably gonna lunch in late oct on ETH mainnet and then end of the year we may see in more both L1s and L2s #ZamaCreatorProgram
If we talk about @zama FHE and confidential tx , we can't @ZaifferProtocol left behind, Zaïffer is also get listed in Zama ecosystem pages. What is Zaïffer? Zaïffer is decentralized platform that use FHE and focus on user privacy. Unlike Other Defi , Zaïffer use encrypted the whole process . So if user deposit their ERC20 token to Zaïffer protocol, those token will be locked securely in Zaïffer smart contract and Zaïffer will converted those token as the same value encrypted confidential tokens also called cTokens, and with cToken whether in payment, trading, borrow or lending ,your action will can't be exposed or track . If user want to redeem their original asset back , they can redeem by simply burn the cTokens in Zaïffer protocol. Zaïffer vision is clear , they are trying to give the user the power to choose in their financial data share. And that is part of next biggest future step. #ZamaCreatorProgram
@zama ama next goals is simple , at least 10% of Blockchain transitions to be confidential using ZAMA and after 95% in long term #ZamaCreatorProgram
For people who heard about @zama but don’t know how is it work , let me explain with simple memes Normal transactions are can see on chain and people can track who sent , how many and where . But with Zama your tax are can be seen in onchain data but your privacy are covered with FHE. Let me explain more in reply