Fhenix announces collaboration with EigenLayer to develop FHE coprocessor

Fhenix, an Ethereum L2 project, announced a collaboration with EigenLayer to develop an FHE coprocessor, with the aim of introducing fully homomorphic encryption (FHE) to smart contracts. The focus of the FHE coprocessor is to perform calculations on encrypted data without first decrypting the information. The FHE coprocessor will ensure that sensitive and complex computing tasks are not processed on Ethereum or subsequent Layer2 or Layer3, but are instead processed by designated processors. The FHE coprocessor will be protected by Fhenix's FHE rollup and EigenLayer's staking mechanism. EigenLayer supports Active Verification Services (AVS) inheriting Ethereum pool security.