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The Shibarium Testnet has launched privacy features, and the SHIB ecosystem is set to incorporate fully homomorphic encryption.
[Coin World] Shibarium is about to make a big move - they have partnered with Zama to bring fully homomorphic encryption (FHE) onto the chain, and the Testnet is already up and running.
It is scheduled to officially launch before the second quarter of this year. What will on-chain privacy look like at that time? Transactions can be processed with encryption, smart contracts can be executed confidentially, and user actions will not be casually observed.
Technically, it is also compatible with EVM, so DeFi protocols, blockchain games, and institutional-grade tools can be directly integrated. For the SHIB token itself, this upgrade may drive more application scenarios, and theoretically, the demand side will also follow.
On the path of privacy computing, Shibarium has taken a step forward.