Fhenix, the Layer 2 utilizing Fully Homomorphic Encryption (FHE), has launched its latest testnet, Nitrogen. The upgrade adds advanced decryption capabilities and marks a significant step toward the network’s mainnet deployment. The release of Nitrogen will make it easier for developers to explore the possibilities Fhenix offers in terms of data handling, particularly when it comes to computing encrypted data, the major differentiator between it…

Finbold

Fhenix debuts upgraded Nitrogen testnet with Ethereum encryption

Fhenix, a Layer-2 (L2) network powered by Fully Homomorphic Encryption (FHE), has launched its upgraded Nitrogen testnet, as highlighted in recent reports shared with Finbold on Wednesday, November 20.  The new upgrade comes with advanced decryption capabilities and other features designed to enhance decentralization, security, and the overall experience on the network.   Guy Itzhaki, Fhenix Chief Executive Officer (CEO), described Nitrogen as a…

Fhenix, a Layer-2 (L2) network powered by Fully Homomorphic Encryption (FHE), has launched its upgraded Nitrogen testnet, as highlighted in recent reports shared with Finbold on Wednesday, November 20.  The new upgrade comes with advanced decryption capabilities and other features designed to enhance decentralization, security, and the overall experience on the network.   Guy Itzhaki, Fhenix Chief Executive Officer (CEO), described Nitrogen as a…

Morning News

Key highlights: 
	The Nitrogen testnet from Fhenix includes the Threshold Network for decentralized, trust-minimized decryption. Parallel Decryptions offer a faster, more efficient user experience by handling computational operations asynchronously. Security Zones allow developers to optimize dApp security and performance with flexible configurations.   Enhanced decryption and decentralization with the Nitrogen testnet Fhenix, an Ethereum Layer-…

coincodex.com

Fhenix Introduces Nitrogen Testnet with Advanced Decryption and Decentralization Features

Coingape

Fhenix Unveils Nitrogen Testnet to Advance Confidential Blockchain Transactions

The post Fhenix debuts upgraded Nitrogen testnet with Ethereum encryption appeared on BitcoinEthereumNews.com. Fhenix, a Layer-2 (L2) network powered by Fully Homomorphic Encryption (FHE), has launched its upgraded Nitrogen testnet, as highlighted in recent reports shared with Finbold on Wednesday, November 20.  The new upgrade comes with advanced decryption capabilities and other features designed to enhance decentralization, security, and the …

Bitcoin Ethereum News

Fhenix, a prominent Fully Homomorphic Encryption (FHE) Layer 2 platform, has launched its Nitrogen testnet. This upgrade is aimed at redefining on-chain confidentiality. This strategic launch introduces cutting-edge decryption capabilities and features, enhancing the platform’s goal of enabling secure, encrypted smart contracts on Ethereum. Nitrogen marks a significant step toward Fhenix’s highly anticipated mainnet launch by integrating decentr…

blockchainreporter

Fhenix Revolutionizes Blockchain Confidentiality with Game-Changing Nitrogen Testnet

TL;DR 
Fhenix launches an update for its Nitrogen testnet, improving decentralization, security, and user experience. The new Threshold Network enables decentralized and multiparty decryption, enhancing security and reducing censorship risks. Parallel Decryptions, Security Zones, and Celestia are incorporated to improve performance, flexibility, and reduce transaction costs.   Fhenix, a Layer-2 network that utilizes Fully Homomorphic Encryption …

Crypto Economy

Fhenix Unveils Nitrogen Testnet Upgrade: A Leap Forward for Encrypted Layer-2 Networks - Crypto Economy

Fully Homomorphic Encryption (FHE) Layer 2 Fhenix has announced a major upgrade to its testnet. Nitrogen, the latest iteration, introduces powerful new decryption capabilities and moves Fhenix closer to its mainnet launch. Nitrogen significantly upgrades the level of decentralization of the Fhenix network with the Threshold Network, the mechanism it uses to handle decryption in a trust-minimized way.  Another key feature introduced with the Nitr…

InvestingCube

Fhenix Launches Nitrogen Testnet With Enhanced Decryption Capabilities

Fhenix, an Ethereum Layer 2 solution known for its innovative use of Fully Homomorphic Encryption (FHE), has unveiled the Nitrogen testnet, marking a significant step forward in decentralized blockchain technology. This new iteration brings advanced decryption capabilities and major improvements to decentralization, performance, and security. What Makes Nitrogen Stand Out? The Nitrogen upgrade introduces a… The post Fhenix Launches Nitrogen Test…

Fhenix Unveils Nitrogen Testnet to Advance Confidential Blockchain Transactions

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