Odaily News Fhenix, a blockchain powered by fully homomorphic encryption (FHE), announced the release of the fully homomorphic encryption (FHE) Rollups FHE-Rollups white paper. FHE-Rollups is a more advanced method for executing arbitrary confidential smart contracts. Scalability technology, designed using the Optimistic Rollup method. According to previous news, Fhenix completed a US$7 million seed round of financing in September, led by Multicoin Capital and Collider Ventures, with participation from Node Capital, Bankless, HackVC, TaneLabs and Metaplanet. The new funding will be used to introduce a public testnet for the Phenix network early next year and support ecosystem application development.