First, understand what normal encryption is. Normal encryption is what we usually see in HTTPS or WhatsApp. → Data gets encrypted → goes to the server → gets decrypted → calculations happen → then the result is encrypted again and sent back. The problem is: Until the data is decrypted, nothing can be done on it. Which means the server can see your data. For example, WhatsApp gives encryption, but WhatsApp itself CAN read all your chats once they are decrypted on their backend systems. So our privacy is basically just a name. But here, @zama is a game-changer. In FHE (Fully Homomorphic Encryption), we can directly perform calculations on encrypted data without decrypting it. Even the result stays encrypted. Only the final user can decrypt it. Meaning your data always stays with YOU, and only you can see it. -----------
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Zama Announces Public Auction @Zama is launching its token, and they are selling 10% of the total supply through a sealed-bid Dutch auction on Ethereum. Their goal is to ensure: -Fair distribution & real price discovery -No bot sniping or gas wars -Immediate token unlocks 📅 Auction: January 12–15 📅 Claim: January 20 $ZAMA is the utility token of the Zama protocol a confidentiality layer for existing L1s and L2s. It will be used to: -Pay encryption & decryption fees -Stake or delegate to operators -Help secure FHE coprocessors & KMS nodes Their mainnet is expected to launch by the end of the year, with $ZAMA fully functional before the auction. Stay updated: http://auction.zama.org #ZamaCreatorProgram
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Zama is doing exceptional work in the field of privacy. Zama is not an L1 or L2 blockchain. it is a cross-chain confidentiality layer. If you want to bridge, you can directly interact with any dApp and bridge using the chain of your choice. Zama’s core technology is FHE (Fully Homomorphic Encryption), which allows computations directly on encrypted data. It encrypts both on-chain and off-chain data. Earlier, the internet shifted from HTTP to HTTPS for secure communication, and now Zama aims to take the next step with HTTPZ, enabling even stronger privacy 🔏. Previously, FHE was extremely slow and could support only a limited number of applications. Zama’s team has spent the past 5 years solving these issues and has now successfully optimized the technology. With Zama, FHE can support any application using common programming languages like Solidity and Python. It is now 100x faster than before, and no known quantum algorithm can break it.
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