NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Altcoin Struggles: What The Future Holds And The Potential For A 2026 Revival
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Altcoin Struggles: What The Future Holds And The Potential For A 2026 Revival

Fhenix Unveils Nitrogen Testnet With Powerful New Decryption Capabilities

News BTC
News BTC
Last Updated: November 20, 2024 5:02 pm
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Fhenix, the EVM Layer 2 leveraging Fully Homomorphic Encryption (FHE), has launched its latest testnet packing a host of powerful new features and performance improvements. Dubbed Nitrogen, the testnet upgrade introduces advanced decryption capabilities and marks a significant step toward Fhenix’s impending mainnet deployment.

Decryption Gets a Big Boost With Nitrogen

In addition to being a colorless odorless gas and the seventh most common element in the galaxy, Nitrogen is the name of the new testnet deployed by Fhenix. The biggest improvement it introduces over its predecessor comes courtesy of Threshold Network. This mechanism manages decryption processes in a trust-minimized manner, essentially taking the stabilizers off Fhenix and bringing it closer to the fully decentralized network it will become in its final form.

To address the significant computational burden that FHE schemes carry, Nitrogen also provides another major improvement in the form of Parallel Decryptions. It employs asynchronous decryption to expedite decryption operations, enabling developers to create scalable dapps that can effortlessly process vast amounts of data.

Security Zones for Trust Configuration

The final major feature the Nitrogen testnet brings into play concerns Security Zones, which provide a customizable approach to decentralized application security. Two distinct zones are available: Zone 0, the default setting, prioritizes security, minimizing user trust requirements. Zone 1, meanwhile, emphasizes performance, utilizing a single local keyset managed by the sequencer to streamline decryption processes.

The flexibility provided by Security Zones allows developers to tailor their applications based on specific use cases and performance needs. For example, an enterprise dapp handling sensitive financial data would likely require Zone 0, while a consumer-oriented gaming application would benefit from Zone 1 configuration, where the priority is on performance. 

Having integrated Celestia for data availability, the Nitrogen testnet aims to reduce transaction costs, making it more cost-effective for builders to create dapps that are reliant on significant amounts of multi-chain data. Finally, Nitrogen introduces a native function known as FHE.rand() that enables automatic generation of random numbers. This is a valuable feature that has broad utility, not just in the creation of onchain games, but for use cases such as NFT minting and randomized rewards for yield farming programs.

From ZKPs to FHE

Fhenix is confident that the launch of its Ethereum Layer 2, which supports confidential smart contracts using Fully Homomorphic Encryption (FHE), will provide a superior alternative to current onchain encryption technologies, particularly zero knowledge proofs (ZKPs). 

FHE enables computation to be performed directly on encrypted data without the need for decryption. This allows smart contracts to process sensitive information while maintaining confidentiality. In contrast, ZKPs are primarily used to verify the correctness of computations without revealing the underlying data. However, they don’t facilitate direct computation on encrypted data.

The latest Fhenix testnet will make it easier for developers to get acquainted with FHE and to get a handle on the sort of use cases its technology can power. It also inches Fhenix closer to its mainnet launch, when its tech can finally be tested in the wild.

Tweet123Share196ShareSend
News BTC
News BTC

News BTC

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Coinbase Reserves Hit $112B: Highest Level Since 2021 Market Peak

Coinbase Reserves Hit $112B: Highest Level Since 2021 Market Peak

Coinbase has reached a new milestone, with Coinbase Advance’s total USD reserves climbing to $112 billion, the highest level since...

Sebastian Villafuerte 3 months ago

MEXC Introduces Futures Earn: Idle Balances Can Now Generate Up to 15% While Staying Trade-Ready

Cryptocurrency traders often leave a significant portion of their futures account balances idle, missing opportunities to generate returns. Spotting this...

Mark Hampton 3 months ago
Crypto

Can Europe’s Crypto Apps Win Over Binance Users? A Growing Comparison

Binance remains the world’s largest crypto exchange with over $217 billion in daily trading volume and 280 million users worldwide. Yet...

PR Desk 3 months ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

BestWallet listing na MEXC

Token peňaženky Best Wallet sa už 28. novembra zalistuje na MEXC. Ako prudko token BEST stúpne?

Nina Šefčíková 3 weeks ago
záujem o trading bot rastie

Význam trading botov prudko rastie. Traderi siahajú po tomto Telegram botovi

Nina Šefčíková 2 months ago
Robinhood

Robinhood CEO Issues Bold Prediction: ‘Everything Will Be Tokenized’

Christian Encila 2 months ago

Premium Sponsors

Press Releases

  • シバコイン...

    15 minutes ago
  • パイネットワーク 価格は0.20ドル付近で収束

    パイネットワーク...

    46 minutes ago
  • Best Meme Coin

    仮想通貨...

    22 hours ago
  • BTC Bitcoin

    ico 仮想通貨 注目銘柄:Bitcoin...

    22 hours ago
  • 仮想通貨...

    22 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.