Fhenix, an innovative leader in Fully Homomorphic Encryption (FHE) Layer 2 solutions, has recently announced a significant partnership with Celestia, integrating its modular data availability network into the Fhenix ecosystem. This strategic collaboration positions Fhenix at the forefront of privacy-preserving technology by harnessing Celestia’s robust data infrastructure.
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Celestia’s modular design offers a high-throughput network that enables transaction data to be easily accessible for download by anyone. This feature empowers Fhenix to support scalable, privacy-focused applications with increased efficiency. By providing dependable data streams, Celestia ensures that Fhenix developers can create applications that utilize a diverse array of on- and off-chain data sources while upholding top-tier privacy standards.
Guy Itzhaki, CEO and Co-Founder of Fhenix, expressed,
“Our vision at Fhenix is to democratize FHE technology, and integrating Celestia’s data availability solution is a crucial milestone in realizing this vision. Their network not only reduces the cost of FHE computation but also enhances our platform’s scalability and flexibility, empowering developers to build advanced privacy-centric applications.”
Guy Itzhaki, CEO and Co-Founder of Fhenix
Celestia’s modular, lightweight architecture complements Fhenix’s EVM-compatible network, optimized for efficient confidential computation. This integration streamlines the rapid processing of encrypted on-chain data at a reduced cost, facilitating the development of dynamic dapps that offer comprehensive end-to-end encryption.
Developers utilizing Fhenix can now leverage the fhEVM to craft decentralized applications in Solidity, benefiting from fully encrypted smart contracts. This integration supports a wide range of use cases, spanning from decentralized finance (DeFi) and gaming to confidential voting. The partnership with Celestia expedites the creation of innovative applications on Fhenix, enabling projects to focus on their core functionalities while Celestia manages data availability.
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About Fhenix
Fhenix is a trailblazer in Ethereum Layer 2 solutions featuring Fully Homomorphic Encryption (FHE), facilitating confidential smart contracts and transactions. Serving as an EVM-equivalent platform, Fhenix equips developers with the ability to utilize Solidity tools and selectively encrypt their smart contracts. Fhenix aims to propel Ethereum’s application development by introducing unparalleled levels of confidentiality to smart contracts, transactions, and on-chain assets.
About Celestia
Celestia is a modular data availability network that scales efficiently with user demand, simplifying the deployment of new blockchains. It offers a decentralized infrastructure for rollups and Layer 2 solutions, providing scalable and accessible blockchain technology. By modularizing the blockchain stack, Celestia facilitates seamless blockchain deployment without necessitating a validator set.
