Zama has raised $130M Backed by Pantera Capital and Multicoin But what's under the hood? Explaining in simple words + some tips đŸ§”đŸ‘‡
What is it ? @zama_fhe is building privacy mode for all blockchains Like Incognito Tab, but for smart contracts Instead of launching their own chain, they created a layer that brings encrypted smart contracts to any existing chain Think of it like adding a privacy filter on top of Ethereum, Solana, Avalanche You use it like usual, but no one sees what’s going on under the hood
How? They use FHE (Fully Homomorphic Encryption) Crazy name, but here's a simple example: Imagine you're baking a cake inside a locked box You can't open the box, but somehow you can still measure, mix, and bake through special gloves attached to the box That’s FHE The cake bakes while staying private the whole time
Why it matters? Today, every time you use a blockchain - your wallet, actions, and balances are visible to everyone Imagine doing your online banking, but on a public livestream Zama says: nope, not anymore With Zama, you can still trade, stake, vote, whatever But no one knows what you’re doing unless you give permission
How it works technically? They built FHEVM It’s like MetaMask but for encrypted logic, smart contracts that handle private info without exposing it Like a voting app where no one sees your vote, but everyone trusts the count is correct And they added support tools like Coprocessors and Gateway So encrypted actions don’t feel like using Windows 98
Key Features ‱ Quantum-Resistant Imagine hackers in the future with supercomputers, FHE is built to resist even those threats ‱ Composable Think of LEGO blocks, Zama’s privacy layer snaps into any blockchain stack ‱ Performance-Optimized Runtime Zama’s runtime is designed to handle complex encrypted operations at speed, thanks to aggressive optimizations in TFHE-rs. ‱ Verifiable Like turning in homework where the teacher confirms you did it right But never sees the answers These 4 things make Zama strong and working machine for privacy
So, what to do with that info ? They dropped a testnet, and a lot of smart folks are already writing about it You can check out my previous posts and learn how to jump in: My friend @DeRonin_ shared a theory that such a project is very likely to appear on Kaito Which means you can create content about the project now to end up in the TOP of Kaito leaderboard later
New early-stage project Zama ($130M) @zama_fhe is a cryptographic company creating open tools for developers Raised: $130M from Pantera Capital, Multicoin Capital, Blockchain Ventures etc. ✀ Full list of Activities: - Go to - Fill out the form - Try the demo version of Zama - - Go to - Keep an eye out for new roles - I also recommend actively engaging in the chats - Waiting for new activities to appear ✀ Conclusion: The public testnet launch is coming soon, and the project has strong backing It's in its early phases, but with significant investment, it's worth paying attention to Keep an eye on updates!
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