
大匡|Oct 19, 2025 04:59
In the current era where privacy is essential, @ zama_he has moved FHE from a paper to a production environment, which is of great significance. The team was founded in 2020 and recently completed a Series B worth $57 million, with a valuation exceeding one billion and a cumulative financing of over $150 million. Capital does not give face, it is technology that provides hard indicators.
What Zama does is very straightforward: it allows data to be computed even in encrypted state. Whether placed in the cloud or on the blockchain, the content is completely invisible, but the contract still runs smoothly and the results can be verified. Based on this, they developed fhEVM - which runs a confidentiality contract in the EVM system without having to start over, and developers can write "privacy first" applications with almost no need to change their habits. In terms of performance, the speed has increased by more than an order of magnitude from early versions to now. The current public demonstration has been able to steadily reach about 20 transactions per second. The roadmap also includes GPU acceleration and dedicated ASIC, with the goal of increasing throughput to thousands of transactions per second. This is not just a headache, but a step-by-step engineering push.
The other thing I've been watching recently is their idea of using FHE for "identity abstraction". Put DID and verifiable credentials directly into the ciphertext world, encrypt the identity data throughout the process, and verify the authenticity of the statements in the contract without revealing any details. Technically, all ciphertexts are hung under the same public key, and the private key is protected by MPC sharding, which maintains composability without sacrificing security. The landing imagination is very clear: KYC on the chain does not leave a trace, DAO voting does not leak, DeFi limits and risk control are executed according to ciphertext rules, and identity and fund flow can be seamlessly integrated without exposing privacy.
The rhythm is also accelerating. The public testing network has been opened up, and the main network target is set for within the year, with TGE on the way. Creators and developers are advancing simultaneously on two fronts: one is to integrate toolchains, co processors, and ecosystems, and the other is to clarify concepts and scenarios with the content and community.
If you are in the Creator Program of Volume S3, here are a few key pieces of information not to be missed: the top 100 of this season share 56000 USDC, and the top 1000 have a chance to win OG NFT 003; The capacity has already reached the million level within a week, and the competition intensity is not small. My suggestion is not to rush traffic, but to focus on verifiable content: breaking down techniques, writing use cases, providing data, and explaining why FHE is needed, how to implement it, and what it is useful for ordinary users, which is more effective than piling up posts. There are many rumors about the value of OG NFTs in the market. To view it rationally, the key is to solidly produce certainty.
@Zama_he is not a retrospective event, but rather defining the next generation standard of "default encryption, verifiable computation". Developers can use it and users dare to use it, which is the path to popularizing privacy. If you plan to lay out in advance, this window period is worth seizing.
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