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 (FHE), has announced the launch of an update for its Nitrogen testnet, designed to improve several aspects of the platform. The new version focuses on enhancing decentralization, security, and the overall experience for users and developers within the network.
One of the most relevant components of the update is the implementation of the Threshold Network, a mechanism that allows decryption operations to be performed in a decentralized manner without relying on a single entity. This system, based on a multiparty protocol (MPC), ensures that data decryption only occurs when several trusted parties are involved, increasing security and reducing risks of censorship or manipulation.
Parallel Decryptions
Parallel Decryptions is another important feature introduced in this new version of Nitrogen. Since FHE encryption schemes are typically computationally intensive, Fhenix has developed a solution that allows decryption to be performed asynchronously while appearing to be synchronous. This improvement facilitates much more efficient performance without requiring developers to adjust their code or worry about the process.
Security Zones
To provide more flexibility and security in application development, Fhenix has introduced Security Zones, two environments that allow security and performance levels to be adjusted according to the needs of each application. Zone 0 focuses on maximum security and minimizing trust, while Zone 1 prioritizes performance by using a single local keyset for decryption.
Fhenix Integrates Celestia to Reduce Transaction Costs
The integration with Celestia, a modular data availability network, is also part of this update. With this incorporation, Fhenix is able to reduce transaction costs and increase price stability, which is crucial for improving platform scalability. Additionally, the Nitrogen update includes a new native random number generation function, important for the development of various blockchain applications.
With this update, Fhenix is moving towards the creation of a more secure, scalable, and accessible platform for encryption-based applications, consolidating itself as a leader in FHE solutions
