Fhenix Launches CoFHE on Ethereum and Arbitrum for Confidential Smart Contracts
This story was originally published on HackerNoon at: https://hackernoon.com/fhenix-launches-cofhe-on-ethereum-and-arbitrum-for-confidential-smart-contracts. Fhenix launches CoFHE on Ethereum and Arbitrum. Its dual-mode tokens support public and confidential activity, with integration and trust tradeoffs. Check more stories related to undefined at: https://hackernoon.com/c/undefined. You can also check exclusive content about #fhenix, #cofhe, #eth, #smart-contracts, #good-company, #arbitrum, #defi, #web3, and more. This story was written by: @ishanpandey. Learn more about this writer by checking @ishanpandey's about page, and for more stories, please visit hackernoon.com. **TL;DR** - Fhenix says its CoFHE encrypted computation coprocessor is in production on Ethereum and Arbitrum, with Fluton and Alpha Engine named as launch design partners. - CoFHE performs calculations on encrypted data offchain, allowing applications to process confidential financial inputs while retaining their host-chain contracts. - Compatible dual-mode tokens support public and confidential balances at one contract address. Confidential activity requires integrated applications, and returning to public mode involves an asynchronous withdrawal process. - Balances and transfer amounts can remain confidential, while addresses, transaction timing and some disclosures between modes remain observable. - Fhenix reports a Consensys Diligence audit. Institutions will still need to assess the reviewed components, deployed versions, access permissions and infrastructure trust assumptions. - The company plans three additional applications in Q4 and two institutional partnership announcements. Its confidential stablecoin work with Tandem remains a development plan.