Babe, good evening! I went to open a mystery box again! I didn't have high expectations at first, but I hit the jackpot and got the doll I wanted the most!
I feel like my mystery box skills are getting better and better. When I helped my good friend draw one before, I also won the style she liked in just one try.
I feel like if I buy a bit more, I can treat the mystery box like a regular box to open, I really love this feeling of overflowing luck~
After chatting about happy daily life, let me share something from the industry. Recently, @zama collaborated with OpenZeppelin, mainly to address privacy issues in blockchain.
We all know that transactions and data on the blockchain are mostly public, which is fine for ordinary users, but for financial institutions, the leakage of core data is unacceptable. This is also a key reason why many traditional institutions are hesitant to use blockchain easily.
These two companies have their own strengths, and they complement each other quite well. OpenZeppelin specializes in blockchain security tools, has a solid reputation in the industry, and protects the transfer of hundreds of billions of dollars in assets, making it highly reliable.
Zama specializes in cryptography, and this time they are using Fully Homomorphic Encryption (FHE), which is their forte, allowing direct computation on encrypted data without the need to decrypt it.
Their focus in collaboration is to create smart contracts with privacy protection. Created a token standard similar to ERC20, but the balance and transaction amounts are encrypted, so others cannot see the specific numbers.
They also teamed up with another company to establish a confidential token association, aiming to unify the standards of such encrypted tokens, and to prepare some useful tools for developers, making the deployment of these confidential contracts as simple as deploying regular contracts, without requiring too much extra effort.
The biggest benefit of this for us is that it makes blockchain more relatable. In the past, businesses that were afraid of data leaks, such as core trading of institutions and tokenization of real assets, can now confidently move onto the blockchain with confidentiality guarantees.
In simple terms, the collaboration between these two companies is to address the privacy shortcoming of blockchain, making more industries willing to adopt this technology. #ZamaCreatorProgram
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Babe, good evening! I went to open a mystery box again! I didn't have high expectations at first, but I hit the jackpot and got the doll I wanted the most!
I feel like my mystery box skills are getting better and better. When I helped my good friend draw one before, I also won the style she liked in just one try.
I feel like if I buy a bit more, I can treat the mystery box like a regular box to open, I really love this feeling of overflowing luck~
After chatting about happy daily life, let me share something from the industry. Recently, @zama collaborated with OpenZeppelin, mainly to address privacy issues in blockchain.
We all know that transactions and data on the blockchain are mostly public, which is fine for ordinary users, but for financial institutions, the leakage of core data is unacceptable. This is also a key reason why many traditional institutions are hesitant to use blockchain easily.
These two companies have their own strengths, and they complement each other quite well.
OpenZeppelin specializes in blockchain security tools, has a solid reputation in the industry, and protects the transfer of hundreds of billions of dollars in assets, making it highly reliable.
Zama specializes in cryptography, and this time they are using Fully Homomorphic Encryption (FHE), which is their forte, allowing direct computation on encrypted data without the need to decrypt it.
Their focus in collaboration is to create smart contracts with privacy protection.
Created a token standard similar to ERC20, but the balance and transaction amounts are encrypted, so others cannot see the specific numbers.
They also teamed up with another company to establish a confidential token association, aiming to unify the standards of such encrypted tokens, and to prepare some useful tools for developers, making the deployment of these confidential contracts as simple as deploying regular contracts, without requiring too much extra effort.
The biggest benefit of this for us is that it makes blockchain more relatable.
In the past, businesses that were afraid of data leaks, such as core trading of institutions and tokenization of real assets, can now confidently move onto the blockchain with confidentiality guarantees.
In simple terms, the collaboration between these two companies is to address the privacy shortcoming of blockchain, making more industries willing to adopt this technology.
#ZamaCreatorProgram