🔸 In 5 days, we will launch the testing website and prepare for the interactive financing of the $130 million Heavenly King project @ zama_he. 🔸 On June 26th, Zama announced the completion of a new round of $57 million Series B financing, led by Pantera and Blockchange. 🔸 Zama also stated that the public testnet will be launched on 07/01 and plans to launch the mainnet on Ethereum and release ZAMA tokens within 2025. 👇 I have researched this project a bit and if you are interested, you can take a look. After all, currently there is nothing else to do besides registering on the public testing network: https://www.zama.ai/public-testnet DC can also be accessed, but there seems to be some validation issues and it cannot pass: https://(Discord. com)/invite/zama ▪️ background Blockchain is open and transparent, with all records traceable and verifiable: this feature brings trust, but also takes away privacy. Both enterprises and individuals do not want to expose their sensitive data (identity, asset flow, etc.). This' lack of privacy 'is one of the obstacles to the large-scale adoption of blockchain. ▪️ brief introduction Zama is not a chain, but a privacy protocol. Its purpose is to give privacy to smart contracts on any L1/L2 chain, and its specific effect is: 1/End to end encryption: No one can see the user's transaction input data and status, even the node operator cannot see it. 2/Ecological integration: The protocol can seamlessly integrate with existing smart contracts/apps/tokens. 3/Customization: Developers can use code to customize "privacy rules", that is, "who cannot view, who can view". Users do not need to cross over to a new chain and can interact with 'privacy enabled Dapps' on existing L1/L2 chains ——You can understand Zama as a 'privacy plugin on the chain'. ▪️ Use case The core technology of Zama protocol is FHE, which differs in that it can directly process encrypted data. This sounds abstract, let me give you a few specific use cases. Confidential payment: The amount of transaction transfer and the balance of both parties' wallets will not be exposed on the chain. Identity confidentiality: Confirm KYC validity on the chain, but do not know the user's identity. Sealed bidding: Auction NFT or token assets on the chain, and participants' bids are "sealed" and will not be leaked. Airdrop distribution: When a project is airdropped, it is not necessary to disclose how many tokens a certain address has received. On chain company: Operated by an on chain automation company. The company's data can be stored on the chain, but others cannot browse it. In addition, you can also try the demos made by Zama: https://www.zama.ai/introduction-to-homomorphic-encryption See how to complete the operations of "processing images" and "sending tokens" while maintaining data encryption.