Fhenix: FHE-powered End-to-End Encrypted Ethereum L2

Fully homomorphic encryption, also known as the Holy Grail of cryptography, allows for computation to be performed on encrypted data, without the need for prior decryption. Its blockchain applications would enable programmable, institutional-grade, compliant privacy. With the addition of fhEVM libraries, solidity developers don’t have to worry about the complex cryptography and only decide what layers of the UX should be private.

We were joined by Guy Itzhaki & Guy Zyskind, to discuss fully homomorphic encryption and how Fhenix plans to leverage it to build an end-to-end encrypted Ethereum L2 with compliant privacy.

Topics:

• Guy(s)’ backgrounds and why they chose FHE
• The differences between TEE, MPC, ZK and FHE
• Threshold decryption
• The challenges with FHE. Hardware acceleration. Zama’s fhEVM
• Fhenix architecture
• fhEVM
• Use cases for FHE & composability
• Compliant privacy
• Fhenix roadmap

Links:

• Fhenix on Twitter
• Encryption Day @ ETH Denver (Feb. 28, 2024) registration