Absolutely Homomorphic Encryption (FHE) Layer 2 Fhenix has introduced the launch of two new packages to speed up adoption of its rising ecosystem. Twin grant and bounty packages have been created to supply incentives and assist for builders and initiatives trying to construct on Fhenix L2.
The Fhenix Grant program goals to incentivize builders to discover the ability of confidential computation utilizing Absolutely Homomorphic Encryption. Designed for builders engaged on FHE infrastructure or trying to launch confidential purposes onchain, this system is now open to candidates.
Fhenix is in search of initiatives growing progressive use circumstances and creating important tooling for working with information secured by Absolutely Homomorphic Encryption. Candidates are anticipated to stipulate key deliverables, KPIs, and challenge milestones, with eligible grantees receiving funding to assist construct out their resolution.
A devoted grants web page is now dwell on Fhenix.io, permitting initiatives to start out the applying course of. Grant purposes will likely be rigorously reviewed by the Fhenix crew, which can contact initiatives to request additional data the place needed. The grants program is focused at larger-scale initiatives thinking about enhancing onchain confidentiality via FHE.
The Fhenix grant program can also be complemented by a bounty program, designed to assist smaller initiatives with a selected scope. The bounty web page on Fhenix.io lists the most recent bounties obtainable full with an overview of the duty in query. The Fhenix crew will intention to match essentially the most appropriate candidates to every bounty, with profitable candidates eligible for the respective bounty reward upon challenge completion.
The Fhenix grant and bounty packages will permit extra builders to familiarise themselves with its EVM-compatible L2 and to develop use circumstances that contain FHE. Within the course of, it’s going to showcase the numerous confidentiality-enabled purposes utilizing Absolutely Homomorphic Encryption.
About Fhenix
Fhenix (https://www.fhenix.io/) is the primary Ethereum Layer 2 to allow confidential good contracts utilizing Absolutely Homomorphic Encryption (FHE), a novel cryptographic scheme that allows computation of encrypted information. Fhenix is EVM-equivalent, enabling builders to write down their good contracts in Solidity utilizing the developer instruments they’re accustomed to and selectively encrypt them utilizing FHE.
Fhenix’s purpose is to advance Ethereum software growth by bringing confidentiality to good contracts, transactions, and onchain property for the primary time.
This text was written by FM Contributors at www.financemagnates.com.
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