Fhenix Enhances Blockchain Privacy with New Testnet Release

Fhenix has released Nitrogen, an upgraded testnet for its Layer 2 network that incorporates Fully Homomorphic Encryption (FHE) The release marks a significant development in blockchain privacy technology, introducing new decryption capabilities. The Nitrogen testnet implements the Threshold Network as its core decryption mechanism, aimed at increasing network decentralization.

Blockchain technology company Fhenix has released Nitrogen, an upgraded testnet for its Layer 2 network that incorporates Fully Homomorphic Encryption (FHE). The release marks a significant development in blockchain privacy technology, introducing new decryption capabilities ahead of its planned mainnet launch.

The Nitrogen testnet implements the Threshold Network as its core decryption mechanism, aimed at increasing network decentralization. This system processes encrypted data while maintaining security protocols essential for blockchain operations. A key technical addition is the Parallel Decryptions feature, which addresses performance challenges typically associated with FHE operations. The system ...