ZAMA Protocol (FHE) My Understanding and Learning ✍️
First, we must understand which projects are issuing tokens in the market for (FHE).
@mindnetwork_xyz @nillionnetwork @Privasea_ai
$FHE focuses on providing privacy protection and secure computing infrastructure for Web3 and AI. @yzilabs led the investment with a total funding of 12.5 million.
Mind Network will officially launch MindV in September 2024, designed specifically for AI and blockchain networks, supporting secure voting and data management. In December 2024, Mind Network, in collaboration with @zama_fhe and InfStones, will launch the world's first World AI Health Hub with millions of users. DeepSeek is the first project to adopt FHE, ensuring the computational security of AI agents. It supports fully encrypted transactions on the Solana chain, demonstrating cross-chain capabilities.
$NIL focuses on a decentralized network for privacy-preserving computing, utilizing privacy-enhancing technologies (PETs) such as fully homomorphic encryption (FHE), multi-party secure computation (MPC), and zero-knowledge proofs (ZKP) to provide secure data storage and computing solutions for AI, DeFi, healthcare, and data management. @hack_vc led the investment with a total funding of 65 million.
Nillion's core technology is "blind computation," which enables computation and storage of data in an encrypted state through FHE and MPC, preventing nodes from accessing unencrypted data. It supports privacy-preserving personalized AI, such as Eliza and integrated AI frameworks. Kayra's decentralized dark pool exchange prevents front-running (MEV). It also manages encrypted health data and protects genetic data privacy.
$PRAI applies machine learning inference on encrypted datasets in healthcare (such as MAI collaboration to protect medical data), finance (KYC and fraud detection), and DeFi. @yzilabs led the investment with a total funding of 15 million.
Among these three, the weakest in terms of community engagement and technology! ImHuman has over 250,000 users verifying human identity through PoH verification; I wonder which project needs to use ImHuman for verification! Currently, besides @worldcoin, there are hardly any other projects using third-party verification! Also, there's WorkHeart USB node sales; I wonder if you all can break even? Projects that can break even with nodes are as rare as finding gold, so participate cautiously!
FHE is hailed as the "Holy Grail" of cryptography, but the prices of these three coins (FHE) seem not to be recognized by the market, perhaps also due to the lack of a bull market, all are falling 📉. However, the FHE sector is favored by capital in 2024-2025, with total funding for all (FHE) projects amounting to approximately $280 million during that period.
@zama_fhe ZAMA stands out with 130 million, highly recognized as a unicorn, and we hope it can bring confidence to the (FHE) sector.

What experience can the ZAMA blockchain protocol bring?
1⃣ End-to-end encryption of transaction inputs and states.
2⃣ Non/atomic contracts can be built on top of tokens and dapps.
3⃣ Programmable confidentiality: smart contracts define who can decrypt (should be public).
The Zama protocol is not a new L1 or L2, but a cross-chain confidentiality layer built on existing blockchains. Therefore, users can interact with ZAMA dApps anywhere without bridging to a new chain.
The first testnet will go live on July 1, with plans to launch the mainnet on Ethereum in the coming months, followed by gradual deployment of the protocol on other EVM chains, and then on Solana.
Here are some example use cases: confidential payments, RWA, confidential DeFi, confidential bidding auctions, confidential distribution (yield farming enthusiasts rejoice ☺️), confidential on-chain identity, on-chain companies, prediction markets, and AI data markets.
Using dedicated hardware accelerators (ASICs), throughput of over 10,000 TP/S per chain will be achieved, making it possible to realize the above practical use cases and accelerate the on-chain reality in the real world.
Anyone can build on the Zama protocol @zama_fhe.
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