• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Fhenix and Celestia Partnership for Enhanced Data Availability

user avatar

by Giorgi Kostiuk

2 years ago


  1. Integration of Celestia with Fhenix
  2. Benefits for Developers
  3. Statement from Fhenix CEO

  4. Fhenix has announced the integration of Celestia as its data availability solution, enabling developers to create more robust and privacy-focused onchain applications.

    Integration of Celestia with Fhenix

    Fhenix, a platform leveraging homomorphic encryption, has announced the incorporation of Celestia to enhance its data availability solutions. This integration will allow Fhenix to provide reliable and decentralized data streams, simplifying the development of scalable applications with integrated privacy features.

    Benefits for Developers

    Transaction data is accessible for download by anyone via Celestia's modular data availability network. This will make it easier for developers to create scalable apps that execute smart contract logic based on a variety of on- and off-chain data sources. The EVM-compatible architecture of Fhenix combined with Celestia’s modular design facilitates handling encrypted onchain data quickly and cost-effectively, thereby accelerating the creation of dapps with end-to-end encryption. The fhEVM allows developers to create decentralized Solidity apps that can be deployed on Fhenix, expanding use cases such as DeFi, gaming, and confidential voting.

    Statement from Fhenix CEO

    Fhenix CEO and Co-Founder Guy Itzhaki highlighted the importance of integrating Celestia into the company’s development strategy. 'Fhenix’s goal is to bring FHE to the masses and we are constantly working on innovative ways to do so. A key component of our strategy is to integrate a data availability solution that will enable us to reduce the cost of FHE computation. The addition of Celestia to the Fhenix stack means a flexible, scalable platform for confidentiality-enabled application developers.'

    Celestia’s integration will expedite the development of innovative Fhenix apps, offering improved tools for projects and allowing them to focus on their core competencies while enhancing confidentiality within the EVM space.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Kraken Enhances Crypto Trading with Tether Gold Listing

chest

Kraken has recently added Tether Gold to its trading menu, providing traders with enhanced options for commodity-backed assets within the crypto market.

user avatarMiguel Rodriguez

Chainlink Integrates Arbitrum Orbit to Enhance Layer 3 Messaging Security

chest

Chainlink has announced its integration with Arbitrum Orbit to enhance security in Layer 3 messaging using its Cross-Chain Interoperability Protocol.

user avatarArif Mukhtar

Aave V3 Launches on zkSync Era, Enhancing DeFi Lending

chest

Aave V3 has been launched on the zkSync Era, expanding DeFi lending capabilities within the ZK rollup environment.

user avatarLuis Flores

BNB Chain's Haber Upgrade Enhances Developer Experience

chest

The Haber upgrade on BNB Chain introduces technical improvements aimed at enhancing the developer and validator experience.

user avatarMaria Gutierrez

Coinbase Supports Render, Enhancing AI Compute Trading

chest

Coinbase's recent support for Render enhances liquidity and access for AI compute traders, increasing trading volume and market participation.

user avatarDavid Robinson

Fidelity Bitcoin ETF Sees Institutional Inflows Amid Market Volatility

chest

Fidelity's latest Bitcoin ETF inflow indicates continued institutional interest despite market fluctuations.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.