Zama homomorphic encryption project launched in January this year. What are the highlights of privacy smart contracts?

Question

【Crypto World】A new project is coming. Zama, a cryptography company focused on developing open-source homomorphic encryption tools, sounds a bit technical, but the core idea isn’t that complicated— their FHE technology (Fully Homomorphic Encryption) can do something amazing: process data directly without decrypting it.

What does this mean? It enables the creation of privacy-preserving smart contracts on the blockchain. Your transaction data and contract states are only visible to you; even on the public chain, others can’t see them. This is quite attractive for scenarios with strong privacy requirements.

According to the official announcement, Zama will launch pre-market trading at 18:00 on January 2, 2026 (Singapore time). The specific schedule is as follows:

Deposit time: TBA
Trading opens: January 2 at 18:00 (SGT)
Withdrawal time: TBA

If you’re interested in privacy computing or cutting-edge cryptographic technologies like FHE, this could be a good project to watch. Of course, before a new project launches, do your homework and don’t get swayed only by the technical story.

MEVVictimAlliance · Accepted Answer

Homomorphic encryption sounds awesome, but can it really be used?

Privacy is now everywhere, it depends on how it's actually deployed.

However, dark pool trading definitely requires this kind of technology, and in the long run, it still has prospects.

Wait, are deposit and withdrawal times all tentative? How is this supposed to work?

If FHE really becomes practical, those MEV bots won't be so happy anymore haha.

The schedule for this launch is a bit vague; usually, projects like this get delayed in the end.

See you on January 2nd, let's bet whether it can truly change privacy computing.

Feels like another hyped-up technical solution; let's wait until it's actually deployed.

PanicSeller · Answer

Handle data directly without decryption? Sounds impressive, but I'm afraid it's just wishful thinking.

Wait, launching on January 2nd, deposits and withdrawals are still pending? This pace is a bit confusing.

I've heard a lot about FHE, but few can actually use it. Can Zama do it?

Privacy contracts are indeed a necessity, but what about the ecosystem? Who will use it?

No matter how loud the hype, we have to wait and see how it performs after launch. For now, just observe.

Basically, it's just another cryptography concept coin.

PretendingToReadDocs · Answer

Handle data directly without decryption? Sounds pretty impressive, but can it really be used in practice?

Privacy contracts are indeed a necessity, but I'm worried it might just be another PPT project.

Wait, deposit and withdrawal times are all pending? That's a bit hard to swallow.

FHE has been hyped for so long, and finally there are projects daring to launch.

Honestly, what I care most about is whether it can truly be implemented in practice.

MoonBoi42 · Answer

Really, you can't even see the data on-chain? If that's true, the privacy performance is truly explosive.

FHE sounds awesome, but why is the implementation so slow?

It won't be available until January, so we have to wait a long time... withdrawal time is still to be determined.

Privacy contracts are a direction, but I don't know how the gas fees will turn out.

If this thing really becomes usable, Monero should be worried.

Let's wait for the recharge time announcement. Anyway, I will definitely do a small test.

quiet_lurker · Answer

Not decrypting to process data? That's pretty hardcore. If it truly stabilizes, the privacy track will have broken through.

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Wait, deposits and withdrawals are all pending? This deployment process is a bit strange.

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FHE has been popular for so long but still hasn't seen large-scale use. Can Zama do it? I believe but not fully trust.

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Privacy contracts are indeed necessary, but I'm worried it might just be another PPT project.

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Homomorphic encryption is so awesome that there should have been a killer app long ago. Why is it only coming now?

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January 2nd, huh? By then, a bunch of people will rush in to buy in. Same old routine.

OnchainUndercover · Answer

Handle it directly without decryption? This is indeed something; finally, someone is taking privacy seriously.

APY追逐者 · Answer

Hmm, do you process data without decrypting it directly? That sounds a bit impressive.

Wait, can this privacy contract really run stably on-chain? I'm a bit skeptical.

Don't hype up the FHE technology too much; if the performance isn't good, it'll be embarrassing.

Launching before the market opens on January 2nd, and it's the same old story, deposit and withdrawal times are all TBD. How do you play it?

Scenes with strong privacy requirements... to put it nicely, it's mainly for money laundering haha.

I don't quite understand this cryptographic black technology, but it does sound innovative. Let's see how it performs in actual implementation.

Wait, can it truly achieve complete privacy? What does regulation think?

Zama homomorphic encryption project launched in January this year. What are the highlights of privacy smart contracts?

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