Yen051185 (yen051185)

Yen051185

AI, WEB3, CRYPTO

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fhEVM uses a global public key, allowing all users to encrypt data on-chain using FHE. The main reason for this approach is that it enables multiple users to interact with each other through smart contracts with their private data.fhEVM employs asymmetric encryption, so there will be two different keys:Public Key: This key is stored publicly on-chain and is used by all users to encrypt their data and perform computations on the encrypted data.Private Key: This key has the ability to decrypt data. It is not owned by any single user but rather shared among the validator nodes in the network. To decrypt the data, a number of validator nodes must collaborate and approve this action. This collaborative approval is called the Threshold Protocol. This method enhances security through decentralization, preventing the misuse of keys for malicious purposes. @zama @zama_fhe #zamaCreatorProgram #zama_fhe

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The project is built and developed by former members of Jump Trading LLC with the goal of making Monad a secure, fast transaction processing, and low-cost EVM Layer 1 blockchain. Recognizing the limitations of Sequential Execution from previous blockchains, Monad has developed a Parallel Execution mechanism, while still maintaining high compatibility with EVM. Parallel Execution allows Monad to classify independent transactions and process them simultaneously in an efficient manner. From this, Monad aims to handle 10,000 TPS to help users save time by not having to wait for the sequential confirmation of each transaction like other EVM blockchains. @monad @monad @monad_dev @monad_eco

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The members of 0G Labs all have high academic qualifications from top universities and extensive experience from working at major corporations: - Michael Heinrich | CEO: He graduated from Stanford University, Harvard, and California. He has several years of experience in leadership and executive roles at large corporations such as Microsoft, JP Morgan, Threshold Ventures, etc. - Ming Wu | Co-Founder & CTO: He holds a PhD in Computer Architecture from the Chinese Academy of Sciences and has 10 years of experience working at Microsoft, as well as being a co-founder of the Layer 1 Conflux project. - Thomas Yao | CBO: He graduated from Stanford, Michigan, and Fudan Universities. His experience is primarily in the investment field, and he is a co-founder of two investment funds, Myst Labs and IMO Ventures. In addition to his position at 0G Labs, he is also known as an angel investor. @0g-labs @0G_labs @0x0g4i @KaitoAI

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