@ Zama has released its protocol Litepaper, and I will provide a brief overview of it. At present, blockchain has conflicting goals of ensuring both "public verifiability" and "confidentiality". @The Zama protocol can solve this problem. 1) Zama protocol A 'cross chain confidentiality layer' that can be deployed on top of existing L1/L2 blockchains. ▪️ The core technology is FHE, which can directly calculate encrypted data; ▪️ So allowing smart contracts to process encrypted data without leaking plaintext. 2) The Zama protocol has many powerful features, and the main ones to share are: ▪️ The user data is fully encrypted, but the contract can still operate normally, which is Zama's biggest technological breakthrough; ▪️ Use it like a regular blockchain, but do not disclose your sensitive data; ▪️ Who can decrypt what data is defined by the contract, not determined by the nodes; ▪️ Decentralized privacy execution layer Coprocessors: responsible for encrypted computation KMS: Responsible for multi-party key management (MPC); ▪️ Support existing chains, Ethereum L2、 Even non EVM (planned expansion) can be used directly. 3) Zama Roadmap According to Litepaper, understand its main development path. ▪️ Except for the testing network that has already been launched, everyone can deploy Dapps confidentially; ▪️ In the Q4 phase of this year, we also plan to launch the mainnet on Ethereum and conduct confidentiality contracts; ▪️ There is also the upcoming ZAMA token, which is expected to be a trend based on its continued rise in popularity. You can pay attention to it; ▪️ We plan to extend the protocol to more EVM chains by the end of the year, and next year we plan to support Solana, a non EVM chain (SVM), by providing a confidentiality layer. 4) What are the use cases? Zama supports multiple practical scenarios, which may be implemented now and in the future. ▪️ finance: The transactions and post transaction data, assets, etc. are encrypted and privacy compliant; ▪️ Closed auction: At the end of the auction, the winner will be revealed and all bids will be encrypted; ▪️ Secret airdrop: Amount, qualifications, distribution rules, etc; ▪️ Encryption identity: The user's identity information (KYC, certificates, credit data) is encrypted, but the contract can still verify its validity; ▪️ Secret voting to avoid manipulation; ▪️ Enterprise core data can run securely on the chain; ▪️ User data is provided to AI in encrypted form and charged based on usage. 5) Token charging model The Zama protocol has its own native token, ZAMA, and its charging model is quite unique: ▪️ Charge based on the size of encrypted data (calculated in bits). That is to say, the larger the encrypted data you upload, verify, decrypt, or cross chain, the more fees you pay; The smaller the data, the lower the cost. This is the core billing logic. ▪️ Fixed pricing in USD, but payment can be replaced with ZAMA; ▪️ The "tiered" billing method, where the higher the usage, the lower the unit price; ▪️ Burning protocol fees to achieve deflationary effects, and then minting new tokens as node rewards, this is a dual circular economy model. Basically, based on the above summary, we can pay more attention to the upcoming token issuance situation.