Two platforms join forces to pioneer concept of transaction coprocessors powered by fully homomorphic encryption (FHE)
With a novel engineering partnership, two projects are about to dedicate significant tech resources and incorporate the build into their technical roadmaps this year. Fhenix, the first Ethereum L2 network powered by fully homomorphic encryption , has announced the development of FHE-based coprocessors in collaboration with EigenLayer.
Fhenix CEO Guy Itzhaki stressed the paramount importance of the collaboration for the progress of ZK technologies on Ethereum in terms of scalability, speed and security: A coprocessor serves as a companion processor designed to offload specific computational tasks from a host chain, be it Ethereum, an L2 or an L3, to a designated processor living outside the scope of the host.EigenLayer founder Sreeram Kannan is excited by the opportunity to integrate his protocol in the process of development ZK-based apps with FHE employed:
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