According to Odaily, Mind Network, a network utilizing Full Homomorphic Encryption (FHE), has announced the launch of its Alpha mainnet. This development aims to support AI and Proof of Stake (POS) networks with an additional layer of re-pledging driven by FHE technology. The move is designed to enhance the security and efficiency of AI and POS networks.
Mind Network's use of FHE technology for re-pledging is expected to introduce remote cross-chain re-pledging, thereby reducing the risk and cost associated with cross-chain transfers. Full Homomorphic Encryption is a form of encryption that allows computations to be carried out on ciphertext, generating an encrypted result which, when decrypted, matches the result of operations performed on the plaintext. This technology is seen as a significant step towards improving the security and efficiency of AI and POS networks.
The launch of the Alpha mainnet by Mind Network is a significant development in the field of AI and POS networks. By leveraging FHE technology, Mind Network aims to provide a more secure and efficient platform for these networks, reducing the risks and costs associated with cross-chain transfers. This development is expected to have a significant impact on the future of AI and POS networks, potentially leading to more secure and efficient operations.