Contents
- Fhenix forges partnership with EigenLayer, main Ethereum restaking protocol
- New milestones for privateness in ZK tech on EVM
With a novel engineering partnership, two tasks are about to dedicate important tech sources and incorporate the construct into their technical roadmaps this yr.
Fhenix forges partnership with EigenLayer, main Ethereum restaking protocol
Fhenix, the primary Ethereum L2 community powered by totally homomorphic encryption (FHE), has introduced the event of FHE-based coprocessors in collaboration with EigenLayer. As such, the primary technology of FHE coprocessors will probably be secured by Fhenix’s optimistic FHE rollup infrastructure and EigenLayer’s restaking mechanism.
These FHE coprocessors are designed to delegate computational duties that require dealing with delicate (i.e., encrypted) information, away from a number chain — be it Ethereum, a L2, or a L3 — to a delegated processor.
This tremendously improves the effectivity of FHE-based operations, whereas sustaining the identical stage of safety, unlocking the flexibility to compute over encrypted information at efficiency ranges beforehand thought-about inconceivable.
Fhenix CEO Man Itzhaki burdened the paramount significance of the collaboration for the progress of ZK applied sciences on Ethereum (ETH) by way of scalability, velocity and safety:
FHE coprocessors characterize a major leap ahead in relation to scaling on-chain FHE. As soon as thought-about inconceivable, FHE coprocessors remedy the problem of analyzing massive information units on Ethereum with out compromising on-chain efficiency. It mainly supplies a extra environment friendly option to course of encrypted information with out revealing its contents. With delicate information not susceptible to being uncovered, builders are free to create highly effective functions for industries starting from fintech to gaming.
A coprocessor serves as a companion processor designed to dump particular computational duties from a number chain, be it Ethereum, an L2 or an L3, to a delegated processor dwelling exterior the scope of the host.
New milestones for privateness in ZK tech on EVM
EigenLayer founder Sreeram Kannan is worked up by the chance to combine his protocol within the technique of improvement ZK-based apps with FHE employed:
It’s thrilling to see the use instances for EigenLayer’s enlargement by way of Fhenix’s integration of FHE-based coprocessors. Because the multi-chain ecosystem grows, the necessity for on-chain information that’s verifiable and confidential is extra essential than ever. With EigenLayer operators offering the required fraud proofs, builders that make the most of Fhenix are free to construct highly effective functions on a bedrock of safe and computationally environment friendly information.
EigenLayer permits any AVS to inherit safety for objectively attributable faults from Ethereum. The FHE coprocessor makes use of a restaked rollup paradigm to get a cryptoeconomic assure on the correctness of the execution made by the FHE rollup.
EigenLayer operators certify the correctness of the execution performed by the FHE rollup. If these operators are malicious by committing to the correctness of a incorrect execution then the stake of those operators is slashed. This cryptoeconomic assure removes the need of ready till the top of the fraud-proof interval (usually seven days), thus resolving the interoperability tradeoff.
