Original link: https://mindnetwork.medium.com/get-set-mind-network-fhe-hub-launching-soon-eaf9aace1791

Mind Network is pleased to announce that following the successful launch of the MindV product in September, FHE Hubs (MindV Hubs) will launch next Monday at 16:00 Beijing time.

The previous version of MindV brought $vFHE to the market and completely transformed voting rights in blockchain. This is not just about voting itself; it is also about the practical application of FHE technology, achieving fair and cryptographically secure consensus through a decentralized model.

The launch of this voting and delegation feature of Hubs marks a key step towards the goal of HTTPZ (an era of fully encrypted internet) infrastructure.

This innovation has far-reaching implications for decentralized network consensus, trustworthy artificial intelligence model training, and data security in real-world scenarios.

Fully encrypted Web3 infrastructure

MindV Hubs will empower partners and $vFHE holders to drive the development and fair consensus of FHE through voting and delegation. This positions Mind Network at the forefront of the HTTPZ era, where end-to-end encryption is the standard. Mind Network is solidifying its role as a cornerstone of fully encrypted web3 infrastructure.

HTTPZ represents the next key evolution of the internet, addressing urgent privacy and security challenges in the digital age. In an era of data breaches and artificial intelligence advancements, HTTPZ offers a revolutionary solution through Fully Homomorphic Encryption (FHE), achieving end-to-end data encryption. As a pioneer of FHE technology, Mind Network is actively promoting the implementation of HTTPZ. By developing innovative FHE solutions such as MindV Hubs, Mind Network is paving the way for distributed AI, secure voting systems, and true digital sovereignty.

In this vision, Mind Network is transforming the power of cryptography into users' everyday digital rights, laying the technological foundation for achieving "Citizen Z" — zero-trust citizens.

MindV Hubs (Wave 1)

Mind Network's MindV Hubs represent a breakthrough in modular computing based on FHE, providing developers with a standardized interface to build fully encrypted applications. Each Hub operates as an independent network, achieving fully encrypted decentralized computing.

  1. FCN Hub: FHE Consensus Network

  2. FDN Hub: FHE Decryption Network

  3. RandGen Hub: Cryptographic Random Number Generation Center

In addition, Mind Network has announced partnerships with several key partners. The first partners include Infstones, KIP, Rivalz, Lumoz, CARV, DIN, and Inferix GPU, which will initially launch MindV Hubs in the future.

Register as a voter for MindV Hubs

Mind Network's delegation mechanism allows $vFHE holders to share in profits without directly participating in network operations.

Users can delegate $vFHE to Hubs, with the corresponding Voter acting as a network validator, executing the actual voting operation and sharing in the profits, ensuring the security of the related network through active participation in FHE consensus.

Voter advantages:

  • Early participation rewards: Zero-threshold Voter registration — Limited time available!

  • Higher rewards: Register early as a voter to earn greater rewards

  • Multiple earnings: As a voter, you can also earn additional income by delegating $vFHE

  • Future airdrops: Participate in voting to receive future airdrops from Mind Network

  • Ecosystem rewards: Opportunities to gain from the expanding potential airdrops of Hubs

$vFHE release rules

The daily release of $vFHE will start from an initial amount of 713,285, increasing linearly over 20 days until it reaches 15 million.

Participate early to have the chance to earn more rewards.

Join MindV Hubs and register as an FHE voter with no threshold, helping to shape the future of FHE technology!

Daily $vFHE releases will be allocated to MindV Hubs according to a certain ratio:

  1. The initial allocation rate for FCN is 30%

  2. The initial allocation rate for FDN is 30%

  3. The initial allocation rate for RandGen is 40%

The allocation ratio will vary based on the amount of $vFHE delegated and Gas fees consumed.

The reward release for each MindV Hub will be allocated to voters and delegators at a fixed ratio (70% to voters; 30% to delegators).

Official launch time: 11/25, 2024, 16:00 (UTC+8)

Join here: https://dapp.mindnetwork.xyz/

How to participate in voting?

Get $vFHE

Option 1: Hold partner LST/LRT assets

Option 2: Participate in Mind Network's $vFHE re-staking

Option 3: Participate in Hub Delegation (requires holding $vFHE)

Option 4: Register as a voter (no need to hold $vFHE)

Delegate $vFHE to Hubs

Tutorial link: https://docs.mindnetwork.xyz/minddocs/products/mindv/delegate-vfhe

  1. Choose your preferred Hub

  2. Enter the amount of $vFHE you want to delegate (currently a maximum of 2 million $vFHE per person for a single Hub delegation)

  3. Confirm and support flexible withdrawals

  4. Daily rewards distribution (30% allocated to delegators based on the amount of $vFHE held, 70% evenly distributed to voters)

RandGen Voter registration (limited to 10,000 participants)

Tutorial link: https://docs.mindnetwork.xyz/minddocs/products/mindv/vote-on-hubs

  1. RandGen initial Voter registration limit: 10,000 spots (first come, first served)

  2. Gas fees: Deposit ETH as Gas on Arbitrum

  3. Connect your wallet to register as a voter (no need to hold $vFHE)

  4. Automatically participate in FHE random number mining

  5. Automatic daily $vFHE reward distribution

*FCN and FDN Voter registration is temporarily closed

Mind Network is fundamentally changing FHE, bringing cryptography to a broader web3 audience. $vFHE is the core way to participate in FHE voting and gain more airdrops in the upcoming TGE.

Act now and redeem $vFHE to earn rewards and ensure your position in shaping the future of FHE.

Remember to participate on time and prepare for next week’s FHE voting!

About Mind Network

Mind Network is the first FHE re-staking layer for PoS and AI networks. Operating as an FHE verification network, it brings consensus security to Bitcoin re-staking, decentralized AI, cross-chain, EigenLayer AVS, Bittensor subnet, and many key PoS networks. Mind Network's solutions achieve verifiable decentralized computation of encrypted data.

Mind Network has received support from Binance Labs, Hashkey, Big Brain, Chainlink, and has been funded by the Ethereum Foundation for its FHE research on Ethereum.

To learn more about Mind Network and updates, please follow the website and social media:

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