Zama fully homomorphic encryption network performance breakthrough, FHE processing speed surpasses Ethereum.

[Coin World] The fully homomorphic encryption network Zama announced a significant milestone in its research, achieving guide speeds as low as 0.9 milliseconds, a 56-fold improvement compared to 53 milliseconds in 2021. After years of research, using GPUs to efficiently process computations related to Homomorphic Encryption (FHE), the latency for 64-bit encrypted addition has dropped from 2000 milliseconds in 2022 to 8.7 milliseconds, a 230-fold improvement; while the latency for 64-bit encrypted multiplication has decreased from 13000 milliseconds in 2022 to 32 milliseconds, achieving a 400-fold improvement. Currently, the transfer speed of confidential stablecoin transactions on the Zama protocol has increased from 0.1 transactions per second in 2022 to 230 transactions per second, with the processing speed of FHE surpassing Ethereum and most Layer 2 solutions, expected to reach 1000 transactions per second in a few months. The next goal is to develop FHE dedicated chips (ASIC), aiming to achieve 100,000 transactions per second by 2029, enough to cover the transaction volume of Visa, Mastercard, and SWIFT.