Fhenix Partners with Celestia to Revolutionize Data Availability for Privacy-Preserving Apps

Fhenix, a trailblazer in Fully Homomorphic Encryption (FHE) Layer 2 solutions, has announced a significant partnership with Celestia, integrating its modular data availability network into the Fhenix ecosystem. This move positions Fhenix at the forefront of privacy-preserving technology by leveraging Celestia’s robust data infrastructure.

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Celestia’s modular design offers a high-throughput network that makes transaction data accessible for download by anyone. This feature allows Fhenix to support scalable, privacy-focused applications with enhanced efficiency. By providing reliable data streams, Celestia ensures that Fhenix developers can build applications that use a diverse range of on- and off-chain data sources while maintaining top-notch privacy standards.

Guy Itzhaki, CEO and Co-Founder of Fhenix, stated:
“Our vision at Fhenix is to make FHE technology widely accessible, and integrating Celestia’s data availability solution is a critical step in achieving this. Their network not only reduces the cost of FHE computation but also enhances our platform’s scalability and flexibility, empowering developers to create advanced privacy-focused applications.”

Guy Itzhaki, CEO and Co-Founder of Fhenix
Celestia’s modular, lightweight architecture complements Fhenix’s EVM-compatible network, designed for efficient confidential computation. This integration facilitates the rapid processing of encrypted on-chain data at a lower cost, enabling the development of dynamic dapps that offer comprehensive end-to-end encryption.

Developers on Fhenix can now utilize the fhEVM to create decentralized applications in Solidity, benefiting from fully encrypted smart contracts. This integration supports a wide array of use cases, from decentralized finance (DeFi) and gaming to confidential voting. The Celestia partnership accelerates the development of innovative applications on Fhenix, allowing projects to concentrate on their core functionalities while Celestia handles data availability.

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About Fhenix

Fhenix is pioneering Ethereum Layer 2 solutions with Fully Homomorphic Encryption (FHE), enabling confidential smart contracts and transactions. As an EVM-equivalent platform, Fhenix offers developers the ability to use Solidity tools and selectively encrypt their smart contracts. Fhenix aims to advance Ethereum’s application development by bringing unprecedented levels of confidentiality to smart contracts, transactions, and on-chain assets.

About Celestia

Celestia is a modular data availability network that scales efficiently with user demand, simplifying the launch of new blockchains. It provides a decentralized infrastructure for rollups and Layer 2 solutions, offering scalable and accessible blockchain technology. By modularizing the blockchain stack, Celestia enables easy blockchain deployment without the need for a validator set.