Zama, a cryptography innovator, successfully launched its confidential blockchain protocol on Ethereum mainnet, collaborating with Figment as a genesis operator to ensure institutional-grade confidentiality.
This initiative enhances privacy in blockchain operations, paving the way for compliant decentralized applications while potentially impacting Ethereum-based financial assets and institutional participation.
Zamaโs confidential blockchain protocol goes live on Ethereum, integrating Fully Homomorphic Encryption (FHE) for enhanced confidentiality and compliance. Figment collaborates as a genesis operator.
Zamaโs Ethereum-based protocol combines open-source cryptography with FHE technology, ensuring secure data processing without decryption, advancing blockchain security.
Zamaโs Protocol Introduces Fully Homomorphic Encryption
Zamaโs confidential blockchain protocol goes live on Ethereum, featuring institutional-grade confidentiality. Figment participates as a genesis operator. This innovative launch aims to integrate Fully Homomorphic Encryption (FHE) on-chain, promising compliant confidentiality solutions.
Zama, known for its open-source cryptography, partners with Figment, a staking infrastructure provider, to advance its Ethereum-based protocol. The new system employs FHE technology for secure data processing without decryption, marking a significant shift in blockchain security.
Zamaโs Mainnet Offers Enhanced Privacy for Transactions
The deployment of Zamaโs protocol can potentially transform blockchain applications by enabling confidential transactions. Zamaโs CEO, Rand Hindi, emphasized the mainnetโs achievement on social media, marking a significant milestone for blockchain-based privacy.
โWE ARE IN MAINNET! We just did the first confidential USDT transfer on Ethereum. Our team cooked really hard to ship in 2025 as promised.โ โ Rand Hindi, Co-founder & CEO, Zama
Expert analyses highlight that this development enhances the privacy landscape in cryptocurrency. The ZAMA token, integral to the protocol, could strengthen its market positioning. Historical trends suggest innovative security upgrades often bolster user trust and ecosystem growth.
Previous FHE Deployments Boost ZAMA Token Prospects
Zamaโs initiative mirrors previous deployments of FHE in Ethereum-based systems. The debut of Zamaโs public testnet set precedence by initiating regulated confidentiality infrastructure, similar to the current step taken with Figment.
Experts predict the protocolโs success could catalyze adoption among Ethereum users seeking privacy solutions. Historical data indicates such advancements frequently energize tokens related to the initiative, potentially raising ZAMAโs valuation.
| Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing. |