1/ Project Eleven just awarded 1 BTC for "the largest quantum attack on ECC to date", a 17-bit elliptic curve key recovered on IBM Quantum hardware. I replaced the quantum computer with /dev/urandom. It still recovers the key.
FHE has been “almost practical” for a decade
DBFV changes that, for good
@GuyZys breaks down how the new FHE scheme works and why “visa level throughput” is no longer a whitepaper promise
There are maybe three top FHE companies today. @fhenix is one of them.
Those are the only companies building production-grade post-quantum encryption.
I'm now realizing we need to work faster, because it's already the 11th hour - https://t.co/a83VoC8SGj
I’m really excited about this. The most important tech I got to work on to date.
A long-form post is coming. For now, excited to publish the theoretical paper of this new FHE scheme — just in time for the New Year!
DBFV is a game changer. Performant FHE is a critical milestone toward making cryptographic privacy practical, scalable, and secure across all use cases.
Fhenix has been working toward a single goal: VISA-level throughput for encrypted execution on Ethereum.
For years, that sounded unrealistic.
Today, our research team published DBFV - a new FHE scheme designed to make encrypted arithmetic meaningfully faster:
https://t.co/hfdA5yfeN4
Why this matters: addition and multiplication are the core building blocks behind AI inference and financial rails.
Make those cheap, and entire new classes of encrypted applications stop being theoretical.
This is an early step.
But the direction is clear: we're making FHE scalable in a way previously unimagined
Stay tuned - 2026 will be FHE coded.
Our own Doron Zarchy (@DZeresh) is presenting today at @DeComputeConf - sharing his work on High-Throughput Universally Composable Threshold FHE Decryption, a paper previously awarded Distinguished Paper by @acm_ccs.
Proud of the Fhenix research team pushing privacy forward.
A new SGX attack doesn’t mean TEEs are useless, we need a clearer language for privacy in Web3.
Just like rollup clarified scaling, we now need privacy stages for privacy.
In just 24 hours, our devs created this private x402 payments demo.
While they say "FHE is hard" or "immature," we already achieved 20,000x faster decryption, prioritized UX, optimized tech stacks, and built the functional FHE coprocessor.
Let's code?
https://t.co/3klGHGmHCx