Fhenix launches CoFHE on Ethereum and Arbitrum for confidential smart contracts
- —CoFHE runs encrypted computations offchain while host-chain contracts record commitments to results
- —A dual-mode token keeps public and confidential balances under one canonical contract address
- —Consensys Diligence audited the system; two design partners were announced
- —Sender and recipient addresses stay public, so the design offers confidentiality, not anonymity
Why it matters: Institutions could use public blockchains without exposing financial inputs to competitors, potentially accelerating tokenization of real-world assets.
Source: HackerNoon (crypto tag)