Guavy AI Editorial TeamSentiment: 4Clout: 40

Zama Protocol Preserves Blockchain Privacy with Confidentiality Framework

The Zama Protocol is an innovative solution designed to preserve privacy on public blockchains. It operates as a cross-chain layer that integrates with existing networks, rather than functioning as a standalone blockchain.

The project introduces a confidentiality framework that supports encrypted smart contracts and private transactions. This allows developers to define and manage access to data within decentralized applications, enabling both confidential and non-confidential components to interact.

Zama uses Fully Homomorphic Encryption (FHE) to enable computation on encrypted data, providing end-to-end data privacy. The native utility token of the protocol is $ZAMA, used to pay for services such as zero-knowledge proof verifications and ciphertext decryption.

Developers can also design applications where end users are not required to hold the token directly, as payments can be abstracted via frontend applications or relayers. The total supply of ZAMA is 11B with a circulating supply of 2.2B tokens.