Two programmers are chatting at the next table. One person said, "Brother, my girlfriend found my wallet address and last night she directly found my secret vault Another sneered, "This is not decentralization, it's' depersonalization ' Listening, I thought to myself, isn't this the problem with the entire crypto industry right now? Everyone researches DeFi, AI, and meme coins every day, making it a hot topic. Who still cares about privacy? Wallet, transaction records, and on chain data are all running naked. I recently came across a project called @ zama_he. This thing looks different at first glance: it specializes in privacy, and it's not the kind of slogan like "we value user data security", but a real breakthrough in technology. It uses something that sounds like science fiction - fully homomorphic encryption (FHE). It's okay if I don't understand, I was also confused at first. Simply put, this thing allows others to help you calculate, verify, and process data without opening your locked file box. For example, if you want to calculate profits and train AI models, but the data is all encrypted, he can still complete the process and the results are still correct. Zama is the company that turns this thing into reality. Founder Pascal Paillier and Rand Hindi are both old monsters in the crypto world. Valuing over 1 billion US dollars, raised 150 million in financing, led by Pantera. Other companies just tell stories, they go straight to the product line: FhEVM: capable of running encrypted smart contracts Concrete ML: AI runs on encrypted data TFHE rs: A high-performance library written in Rust And their recent progress has been outrageous. In July, the public testing website was launched, and in September, the developer program, Bounty Season 10, and OpenZeppelin were introduced to work on privacy Relayer. FHE performance is not just a game, it goes from being slow like a turtle to accelerating by 20 times, with TPS reaching thousands directly. More importantly, they will launch on the main website at the end of the year and also send ZAMA. Your product - this wave is likely to have airdrops, definitely not just small fry. But why hasn't it caught fire yet? To put it simply, it's too hardcore. People prefer to follow lively narratives, and infrastructure like Zama that focuses on low-level privacy is like a server room - no one praises it normally, but once there is a power outage, the entire network will explode. My current feeling is: Projects like Zama, the longer they are ignored, the more intense they become when they erupt. Just like when Ethereum first introduced smart contracts, nobody understood. Now the integration of privacy computing, AI encryption, and on chain security may rely on such projects to sustain the next cycle ZamaCreatorProgram