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Zama Releases Public Testnet and Simplified Whitepaper
Summary: Zama, a fully homomorphic encryption network, announced the release of its public testnet and a simplified version of its whitepaper. The official statement from Zama warns that the public testnet has not been audited and is not suitable for production environments. Users are advised not to release any critical or sensitive data on the testnet. ...
Zama, a fully homomorphic encryption network, announced the release of its public testnet and a simplified version of its whitepaper.
The official statement from Zama warns that the public testnet has not been audited and is not suitable for production environments. Users are advised not to release any critical or sensitive data on the testnet. Production workloads should wait for the mainnet release.
On June 26th, Zama completed a $57 million Series B funding round, led by Blockchange Ventures and Pantera Capital. This funding round brings Zama's total capital raised to over $150 million, with a valuation exceeding $1 billion, making it the first unicorn company in the FHE space.
