With Guy Ziskind and Guy Itzhaky, co-founders at Fhenix

This week, we spoke with Guy Ziskind and Guy Itzhaky, founders of Fhenix, about their mission to bring Fully Homomorphic Encryption (FHE) to blockchain for on-chain confidentiality. Key takeaways include:

The Fhenix co-processor model, enabling encrypted computations across multiple chains without requiring developers to switch ecosystems.
Thedesign of an FHE rollup, where transactions are encrypted client-side, computations occur on encrypted data, and decryption is handled through a decentralized threshold network.
Impact on MEV, as encrypted transactions significantly reduce extractable value opportunities while improving security and privacy for users.
Interoperability challenges, addressing how encrypted data flows across different chains and rollups, and how FHE changes assumptions in blockchain design.
Threshold decryption breakthroughs, enabling high-throughput decryption for real-world use cases like confidential DeFi and private OTC trading.

Future vision, including FHE’s role in AI, confidential stablecoins, and verifiable computations beyond Web3, with hardware acceleration paving the way for scalable encrypted computing.

Links

Fhenix Website:https://www.fhenix.io/