Wednesday, June 25, 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

vANY Emerges from Anyswap Rebrand Amid Industry-Wide Compliance Pressures

vANY Emerges from Anyswap Rebrand Amid Industry-Wide Compliance Pressures

by firstcryptonews
June 25, 2025
0

June 24, 2025 – In a move reflecting the broader shift toward regulatory alignment in the cryptocurrency sector, Anyswap has...

The Schwartz: Where Memes Meet Mission on the XRPL

The Schwartz: Where Memes Meet Mission on the XRPL

by firstcryptonews
June 20, 2025
0

🚀 Our Mission To unite the power of community, culture, and crypto through the Schwartz — a meme-driven movement built...

How a $500 Investment in Alaxio Could Turn into $50,000

How a $500 Investment in Alaxio Could Turn into $50,000

by firstcryptonews
June 15, 2025
0

In the crypto world, massive gains have always come to those who enter early — before the headlines, before the...

Bellarium ($BEL) Ranked Among Best Early-Stage Crypto Investments

Bellarium ($BEL) Ranked Among Best Early-Stage Crypto Investments

by firstcryptonews
June 15, 2025
0

As the cryptocurrency market continues to mature, discerning investors are increasingly focused on identifying promising early-stage projects with strong fundamentals...

Globalisation and Localisation: The Strategic Ecosystem Partnerships of ZHGUI Exchange

Globalisation and Localisation: The Strategic Ecosystem Partnerships of ZHGUI Exchange

by firstcryptonews
June 13, 2025
0

ZHGUI Exchange has announced a series of regional partnership initiatives alongside a structural upgrade of its global business network, reinforcing...

Blockchain Research and Innovation: ZHGUI Exchange as a Catalyst for Industry Transformation

Blockchain Research and Innovation: ZHGUI Exchange as a Catalyst for Industry Transformation

by firstcryptonews
June 13, 2025
0

ZHGUI recently unveiled its latest research advancements, formally designating multi-chain interoperability and zero-knowledge proofs as core strategic technologies. Alongside this,...

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

This publicly listed company just bought $2 million worth of Bitcoin for its treasury

This publicly listed company just bought $2 million worth of Bitcoin for its treasury

4 years ago
Blockchain Life

The 4th largest international forum on blockchain and cryptocurrencies Blockchain Life 2019 takes place in Moscow on October 16th—17th.

6 years ago
Porn Rocket

Porn Rocket to acquire intimate.io, ramping up the disrupter adult content platform’s growth

4 years ago
Galileo FX Revolutionizes Crypto Trading, Achieving High Accuracy Across Major Cryptocurrencies

Galileo FX Revolutionizes Crypto Trading, Achieving High Accuracy Across Major Cryptocurrencies

12 months ago
Celebrate Innovation: The Latest GetGrassFondation Reward

Celebrate Innovation: The Latest GetGrassFondation Reward

9 months ago
Blind Doge

Blind Doge ($BDoge) Brings the World’s, First Charity Deflationary Token

4 years 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

Imagen Network (IMAGE) Secures $160M in Bitcoin to Build Decentralized AI Infrastructure at Scale

Imagen Network (IMAGE) Secures $160M in Bitcoin to Build Decentralized AI Infrastructure at Scale

June 25, 2025

Press Release

vANY Emerges from Anyswap Rebrand Amid Industry-Wide Compliance Pressures

vANY Emerges from Anyswap Rebrand Amid Industry-Wide Compliance Pressures

June 25, 2025

© 2020 First Crypto News

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

© 2020 First Crypto News