Wednesday, June 4, 2025
No Result
View All Result
CONTACT
First Crypto News
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
No Result
View All Result
First Crypto News
No Result
View All Result

InitVerse Launches INIChain with the World’s first TFHE-Based EVM

by firstcryptonews
December 18, 2024
in Press Release
InitVerse Launches INIChain with the World’s first TFHE-Based EVM

Screenshot

[Singapore, Dec. 2024] InitVerse has officially launched the upgraded version of INIChain, introducing TfhEVM—the world’s first blockchain innovation that seamlessly combines Fast Fully Homomorphic Encryption based on the Torus (TFHE) with Ethereum Virtual Machine (EVM) compatibility. TfhEVM enables encrypted data computation directly on-chain, a breakthrough that ensures sensitive data can be processed securely while maintaining blockchain transparency and performance. As a privacy-first blockchain infrastructure, INIChain sets a new benchmark for decentralized applications, addressing critical challenges in data security without compromising efficiency or scalability. This pioneering fusion of TFHE and EVM marks a major step forward in blockchain technology, paving the way for a more secure and privacy-focused ecosystem.

How INIChain Solves Blockchain’s Privacy Challenges

Blockchain’s transparency has long been a double-edged sword. While essential for trust-building, it often leaves sensitive data vulnerable, posing significant challenges for industries like AI that rely on large datasets. As Web3 enters mainstream adoption, the demand for robust privacy solutions is not only a user expectation but increasingly a regulatory requirement. INIChain, powered by TfhEVM, bridges this gap by enabling encrypted computations directly on-chain, ensuring sensitive information remains secure throughout its lifecycle while maintaining blockchain transparency.

“TfhEVM is not just a technological achievement; it’s the foundation of a more secure and inclusive Web3 ecosystem,” said Nicolas, COO at InitVerse. “With INIChain, we’re introducing a blockchain solution that empowers developers to build privacy-preserving applications that are scalable, efficient, and aligned with the needs of modern users.”

INIChain’s Enterprise-Grade Privacy and Scalability 

INIChain’s robust architecture positions it as a leader in enterprise-grade blockchain solutions. TfhEVM enables computation on encrypted data, ensuring complete privacy and security. Its EVM compatibility allows developers to migrate or adapt existing Ethereum-based applications seamlessly. Supporting TfhEVM is the Dual Dynamic Adjustment (DDA) mechanism, which dynamically allocates resources and adjusts block validation complexity based on privacy requirements and network load. This ensures scalability, decentralization, and performance even in high-demand scenarios. Complementing these features is the proprietary VersaHash algorithm, which enhances transaction processing speed while minimizing gas costs without compromising security.

The INIChain ecosystem simplifies blockchain accessibility for developers and enterprises. By integrating a low-code SaaS platform, InitVerse allows rapid development and deployment of decentralized applications, reducing costs and accelerating time-to-market. With TfhEVM and DDA, developers can configure applications to meet specific privacy requirements, balancing performance and confidentiality seamlessly.

INIChain’s transformative potential is evident in its real-world applications. By enabling secure computation on encrypted data, it ensures sensitive datasets—such as user geographic information or proprietary model inputs—remain protected. In the AI sector, the platform facilitates privacy-preserving machine learning and algorithm training without exposing raw data. Similarly, DeFi can leverage INIChain for secure credit scoring, safeguarding financial histories while building trust.

With the official launch of INIChain new testnet, InitVerse is inviting developers, enterprises, and blockchain enthusiasts to join its ecosystem. This pioneering platform sets a new standard for blockchain privacy and scalability, paving the way for secure, innovative decentralized applications.

For more information, visit https://genesis-testnet.inichain.com or contact [email protected]

Website: https://www.initverse.org/

Testnet: https://genesis-testnet.inichain.com

X: https://twitter.com/initverse

Discord: https://discord.gg/initverse

Telegram: https://t.me/InitVerseWeb3

Medium: https://medium.com/initverse-official

Related Posts

From Hype to Maturity: How Cryptocurrency Is Shaping Global Finance in 2025

From Hype to Maturity: How Cryptocurrency Is Shaping Global Finance in 2025

by firstcryptonews
June 3, 2025
0

Once considered the “wild west” of finance, cryptocurrency has grown up. Over the past few years, we’ve seen Bitcoin evolve...

Nomoex Launches the World’s First Multi-L1 Layer 2 Blockchain for Finance

Nomoex Launches the World’s First Multi-L1 Layer 2 Blockchain for Finance

by firstcryptonews
June 3, 2025
0

Bengaluru, India | June 1, 2025 — In a breakthrough moment for the blockchain industry, Nomoex — a leading crypto...

MoonLad Launches: A Meme Token with Purpose, Utility, and Community on the Solana Blockchain

MoonLad Launches: A Meme Token with Purpose, Utility, and Community on the Solana Blockchain

by firstcryptonews
May 31, 2025
0

May 24, 2025 — In a world where internet culture and blockchain innovation increasingly overlap, a new digital asset is...

CV5 Capital Announces Standout Performance of Cryptanium Fund I SP, Beating Industry Benchmarks

CV5 Capital Announces Standout Performance of Cryptanium Fund I SP, Beating Industry Benchmarks

by firstcryptonews
May 30, 2025
0

George Town, Grand Cayman – 26 May 2025 – CV5 Capital, is pleased to announce that Cryptanium Fund I SP,...

Connect and the WIN Blockchain Launch the World’s First Social Impact Platform with Learn2Earn Integration

Connect and the WIN Blockchain Launch the World’s First Social Impact Platform with Learn2Earn Integration

by firstcryptonews
May 24, 2025
0

May 23, 2025 – On a live community call with over 500 attendees, Connect, in collaboration with Win Blockchain community...

RENO/USDC Concentrated Liquidity Pool Is Live on Raydium!

RENO/USDC Concentrated Liquidity Pool Is Live on Raydium!

by firstcryptonews
May 22, 2025
0

Toronto, Canada – May 20 2025 – Renovation.Reviews, the community-driven hub where DIYers, contractors and designers share renovation know-how, today...

Next Post
On-Chain Enterprise Platform Atua AI (TUA) Integrates Grok xAI API for Smarter AI Solutions

On-Chain Enterprise Platform Atua AI (TUA) Integrates Grok xAI API for Smarter AI Solutions

Recommended

RFOX Media

RFOX Media Introduces Play-to-Eat Gaming Model in Myanmar with New Mobile Game RFOX Run

4 years ago
Ghost Trader

A Market Bled White — Ghost Trader Flourishes Amidst the Ashes

3 years ago
Metaverse Company RFOX Opens Regional Office in Dubai

Metaverse Company RFOX Opens Regional Office in Dubai

3 years ago
NUAH Introduces the World’s First Artificial Guardian Angel (A.G.A.) to Ensure AI Does Good in the World

NUAH Introduces the World’s First Artificial Guardian Angel (A.G.A.) to Ensure AI Does Good in the World

2 years ago
FameEX to Pioneer a New Era of Fair and Simple Crypto Trading in 2024

FameEX to Pioneer a New Era of Fair and Simple Crypto Trading in 2024

1 year ago
Maha: The Meme Coin That’s About to Change the Game – And Why You Need to Get in Now

Maha: The Meme Coin That’s About to Change the Game – And Why You Need to Get in Now

3 months ago

First Crypto News

First Crypto News

First Crypto News is the Fastest Crypto News Portal. We Bring the Best and We Bring it Fast.

Bitcoin

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

June 21, 2021

Recent News

Colle AI Drives Platform Expansion Through Targeted Developer Optimization Features

Colle AI Drives Platform Expansion Through Targeted Developer Optimization Features

June 3, 2025

Press Release

From Hype to Maturity: How Cryptocurrency Is Shaping Global Finance in 2025

From Hype to Maturity: How Cryptocurrency Is Shaping Global Finance in 2025

June 3, 2025

© 2020 First Crypto News

No Result
View All Result
  • Home
  • World
  • Science
  • Tech

© 2020 First Crypto News