Fhenix Goes Live on Ethereum and Arbitrum, Letting Contracts Compute on Hidden Balances
By Unchained
AI summary of the source article
Fhenix has launched its fully homomorphic encryption coprocessor, CoFHE, into production on Ethereum and Arbitrum mainnets. The system enables smart contracts to compute on encrypted balances and positions while introducing a dual-mode confidential token standard.
Why it matters
Offchain Labs co-founder and CEO Steven Goldfeder said the launch is "the beginning of something big: a programmable economy with programmable privacy, fully composable for the end user."
Key facts
- Fhenix's CoFHE coprocessor is now live in production on Ethereum and Arbitrum, handling encrypted computation off-chain and returning results to onchain contracts.
- The launch includes a dual-mode token standard allowing balances to shift between public and confidential modes without bridging or wrapping.
- Launch partners Fluton and AlphaEngine went live on day one, and Fhenix is developing a confidential stablecoin with Offchain Labs' venture arm, Tandem.
Source excerpt · Unchained
The privacy startup said its encryption coprocessor is now in production with dual-mode tokens and two launch apps, and that Consensys Diligence audited the system. The post Fhenix Goes Live on Ethereum and Arbitrum, Letting Contracts Compute on Hidden Balances appeared first on Unchained .