2026-01-20 09:20:12

Zama's public sale is about to start within 24 hours, and this highly anticipated project has gathered top-tier capital and technological strength. Led by Multicoin and Pantera, industry giants such as Solana founder Toly and Ethereum founder Gavin Wood are participating. Over 120 top experts have spent years working on solving the same problem—the final puzzle of blockchain privacy.

Zama's core innovation lies in the adoption of Fully Homomorphic Encryption (FHE) technology. In simple terms, it allows data to be computed directly in encrypted form without decryption. This solution opens new possibilities for on-chain privacy protection. The public sale will use a sealed-bid Dutch auction mechanism, where participants need to submit encrypted bids within a specified time. The final transaction price will be determined according to Dutch auction rules. This mode effectively prevents information leakage and price manipulation.

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NeverVoteOnDAO

· 01-23 07:58

Is FHE really feasible... After all these years talking about privacy, it still feels uncertain --- 120 experts spent years just for this, sounds like they are really going all in --- Dutch auction to prevent price manipulation? Another new trick --- Toly and Gavin are both in. This time, it seems truly different --- Calculating data directly in encrypted state? If this really works, the privacy sector might be about to change --- Starting in just 24 hours? I haven't fully studied it yet --- Sealed auctions and FHE, this project has piled all the cutting-edge technology together --- The privacy puzzle... After all this time, finally someone is taking it seriously --- No hype, no blackening; it's unlikely that both Multicoin and Pantera are wrong at the same time --- Calculating directly in encrypted state... theoretically no problem, but how will it perform in practice

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BearMarketSage

· 01-23 05:24

Is privacy the final piece of the puzzle? It sounds a bit exaggerated. Let's see if it can actually be implemented. --- Toly and Gavin are both involved. This lineup is indeed impressive, but I'm more concerned about how practical FHE technology really is. --- Dutch auction to prevent manipulation? Sounds good, but I'm worried it's just another show to cut the leeks. --- 120 experts have been holding back for years, and this is it? I feel like privacy issues aren't that complicated at all. --- Public sale launched within 24 hours? This pace... Is it about to surge again? Be careful of catching the falling knife. --- FHE encryption computing is indeed impressive, but how long will it take to reach production-level use? --- Why are Multicoin and Pantera investing in everything? The vision of these two institutions is questionable.

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BoredApeResistance

· 01-20 09:49

FHE has been around for so many years, and finally someone is really planning to put it on the blockchain. Let's see if it can truly change the game rules. --- Toly and Gavin both placed bets? Alright, I need to see if this time it's really different. --- We've been discussing privacy issues for so long, don't let it turn out to be just a PPT project in the end. --- Sealed auctions are not bad; at least they won't be flooded by big players smashing the market. --- 120 experts spent years on just one encryption problem; the level of investment is indeed impressive.

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MEVHunterX

· 01-20 09:49

Someone is finally taking privacy seriously. FHE sounds really hardcore, this is the kind of thing worth investing in.

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SellTheBounce

· 01-20 09:48

Big shots gathering to endorse, the financing side is luxurious, and the technology is also good... I've seen this combination too many times. And the result? The public offering price drops, then buy the dip.

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LiquidityWizard

· 01-20 09:48

Wow, 120 experts working on privacy technology for years, this lineup is indeed impressive. --- If FHE really can be used on-chain... privacy might be rewritten. --- Dutch auction sounds intimidating, but it's actually just the old trick to prevent price manipulation. --- Toly and Gavin are both here? The project's funding lineup is impressive. --- On sale in just 24 hours, such a fast pace... whoever gets in first eats the meat. --- Sealed bids + Dutch auction, quite a few variations, but in the end, it still depends on who has more coins in their wallet. --- The final piece of the privacy puzzle... I've heard too many such claims; let's see when it launches. --- Multicoin and Pantera are leading the investment together; industry money is betting here.

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potentially_notable

· 01-20 09:43

fhE this technology sounds impressive, but can it really be implemented?

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GlueGuy