WHY IS FULLY HOMOMORPHIC ENCRYPTION THE NEXT BIG THING

Summary from the TLDR Crypto newsletter

Fully Homomorphic Encryption (FHE), a cutting-edge cryptography method that enables computations on encrypted data, could revolutionize blockchain development. The technology allows transactions to leave a user's wallet encrypted, providing end-to-end encryption for the first time in web3. A team at Fhenix announced it is developing the first FHE-based blockchain, supported by a seed funding round led by ColliderVC and Multicoin Capital.