Fhenix
About Fhenix
Fhenix is a Layer 2 rollup on Ethereum that utilizes fully homomorphic encryption (FHE) to enable confidential smart contracts and encrypted computation of data without decryption. This technology addresses the need for on-chain privacy, allowing for secure applications such as confidential voting, private auctions, and decentralized identity management.
```xml <problem> Current Ethereum smart contracts operate with publicly visible data, limiting their use for applications requiring confidentiality, such as private voting, secure AI, and confidential DeFi transactions. This lack of on-chain privacy restricts the types of applications that can be built and exposes sensitive data to potential risks. </problem> <solution> Fhenix is a Layer 2 rollup on Ethereum that leverages fully homomorphic encryption (FHE) to enable confidential smart contracts and encrypted computation of data without decryption. Fhenix allows developers to build applications where transaction inputs and states remain encrypted throughout the entire computation process, providing end-to-end encryption for Web3 applications. The platform's FHE coprocessor handles private computation off-chain, enhancing efficiency and scalability while maintaining decentralization. Developers can integrate encrypted data handling into their smart contracts with a single Solidity import, making it easier to build privacy-preserving applications. </solution> <features> - Fully homomorphic encryption (FHE) for computations on encrypted data without decryption - Confidential smart contracts ensuring transaction inputs and states stay encrypted - FHE Coprocessor (CoFHE) for off-chain computation, enhancing efficiency and scalability - EVM-compatibility, allowing seamless integration with Ethereum, Layer 2, and Layer 3 rollups - Solidity support for easy integration with existing smart contract infrastructure - Fraud proofs and cryptoeconomic security mechanisms for result validation - Support for confidential transactions, fair play gaming, and secure AI applications </features> <target_audience> Fhenix targets Web3 developers, particularly those building DeFi applications, AI platforms, and gaming environments, who require enhanced data privacy and security for their smart contracts. </target_audience> ```
What does Fhenix do?
Fhenix is a Layer 2 rollup on Ethereum that utilizes fully homomorphic encryption (FHE) to enable confidential smart contracts and encrypted computation of data without decryption. This technology addresses the need for on-chain privacy, allowing for secure applications such as confidential voting, private auctions, and decentralized identity management.
Where is Fhenix located?
Fhenix is based in Tel Aviv, Israel.
When was Fhenix founded?
Fhenix was founded in 2023.
How much funding has Fhenix raised?
Fhenix has raised 22000000.
Who founded Fhenix?
Fhenix was founded by Guy Itzhaki.
- Guy Itzhaki - CEO
- Location
- Tel Aviv, Israel
- Founded
- 2023
- Funding
- 22000000
- Employees
- 40 employees
- Major Investors
- Hack VC