Binance Square

币安广场奖励

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Marktowin-项目投研家
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The rewards for the FHE Square essay contest have been distributed, and I won the 3rd prize of 220u, while the 1st prize is 800u. Thanks to Binance Square and the FHE project team for organizing the event. I encourage everyone to participate in the Binance Square essay contest; the rewards are generous, and the traffic is pushed across all regions, so even with few followers, there could be a hit. #币安广场奖励
The rewards for the FHE Square essay contest have been distributed, and I won the 3rd prize of 220u, while the 1st prize is 800u.

Thanks to Binance Square and the FHE project team for organizing the event.

I encourage everyone to participate in the Binance Square essay contest; the rewards are generous, and the traffic is pushed across all regions, so even with few followers, there could be a hit.

#币安广场奖励
Marktowin-项目投研家
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Previously, the wallet IDO project Mind Network (FHE), Chicken Brother participated in the TGE, and also did a pre-authorization, selling it off at launch for 30U. Later, this portion of tokens surprisingly rose to 100U, which was quite a shock. Why wasn't it dumped like other tokens upon listing?

Taking the opportunity of this article writing activity, I also learned a little about the relevant technology and analysis, and here I share:

【What is Fully Homomorphic Encryption?】
Fully Homomorphic Encryption (FHE) refers to an encryption scheme that allows for arbitrary numbers of addition and multiplication operations to be performed while the data is encrypted, yielding results that are the same as those obtained from plaintext data. This means complex calculations can be performed on encrypted data without requiring decryption. FHE is the highest level of homomorphic encryption, providing the greatest computational capability but also being the most complex and computationally intensive form.

【Mind Network】
1. Technical Innovation: Mind Network is the first project to apply FHE technology to consensus management, pioneering the industry.
2. Data Security Upgrade: In traditional AI Agent consensus schemes, data transmission and computation require decryption, which is prone to leakage. Mind Network uses FHE to keep data encrypted throughout, effectively preventing leaks in scenarios such as financial data processing.
3. Significant Efficiency Improvement: Traditional consensus algorithms see efficiency decrease as the number of nodes increases; Mind Network, combined with FHE technology, can quickly verify and reach consensus on encrypted data in large-scale AI Agent collaborations such as smart city traffic management.
4. Trust Mechanism Innovation: Traditional trust establishment relies on identity authentication and reputation mechanisms, which can be attacked. Mind Network, based on FHE, allows nodes to verify only encrypted data without needing to know the real identity and content, solving the trust issues in cross-organizational supply chains.
5. Flexible and Scalable Architecture: Its distributed network nodes are diverse and can be scaled on demand in the DePIN and AI Agent fields.
6. Complete Incentive Mechanism: Through native tokens, transaction fee sharing, honor rewards, and more, it stimulates nodes' enthusiasm and honesty in participating in consensus, promoting ecological prosperity.

【Summary】
FHE is a universal encryption scheme, while Mind Network is the first project listed on Binance based on FHE technology, using FHE as its token code. There will be more tokens based on FHE technology launching in the future.

(This article is a submission for the Square writing activity)
#MindNetwork全同态加密FHE重塑AI未来
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