# Privacy Matters, 38

By [Automata Network](https://paragraph.com/@automata-network) · 2024-04-04

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gm, readers.

At [Automata](https://www.ata.network/) we work on protecting privacy and fairness. And in this newsletter, we find more reasons to talk about it. Explore headlines and catch up on the biggest crypto news in Web3 privacy.

**This week:**

*   Rivalz Network [launches](https://twitter.com/Rivalz_AI/status/1773739252347507194) an AI DePIN RollApp on Dymension
    
*   Fire [announces](https://twitter.com/_joinfire/status/1773724738470428926) the sunsetting of its transaction simulator browser extension
    
*   Cross-chain swap protocol Gasp (formerly Mangata Finance) [raises](https://twitter.com/Gasp_xyz/status/1775580369242235309) $5 million in anticipation of its testnet launch as an EigenLayer Actively Validated Service (AVS)
    
*   Fhenix teams up with EigenLayer to [advance](https://blockworks.co/news/fhenix-eigenlayer-fhe-coprocessors) FHE coprocessors to empower encrypted data computing
    
*   Avail [collaborates](https://cryptoslate.com/polygon-spin-off-avail-partners-with-dwallet-to-bring-programmable-bitcoin-to-web3-rollups/) with dWallet to introduce programmable Bitcoin to Web3 rollups
    
*   DePin protocol by peaq [readies](http://m/depin-protocol-peaq-gears-up-for-mainnet-launch-as-token-offering-closing-in-by-the-day/) for Mainnet debut as token offering looms
    
*   Google's display of Bitcoin wallet balances [ignites](https://cointelegraph.com/news/google-inclusion-bitcoin-wallet-balances-privacy-debate) privacy concerns
    
*   Worldcoin earns praise from Vitalik Buterin for [addressing](https://cryptoslate.com/ethereums-vitalik-buterin-praises-worldcoins-data-privacy-focus-amid-regulatory-scrutiny/) data privacy amid regulatory scrutiny
    

**Op-Ed:**

*   Rapid growth of generative AI [raises](https://cryptoslate.com/ais-brave-new-world-whatever-happened-to-security-privacy/) privacy concerns
    

**Zooming into ZK:**

*   Zircuit [launches](https://x.com/ZircuitL2/status/1773077567106437388) Build to Earn program to reward ecosystem builders
    
*   Polyhedra [announces](https://twitter.com/PolyhedraZK/status/1775388666049053061) trustless, cross-chain Bitcoin token swaps with its zkBridge architecture
    
*   Kelp DAO [introduces](https://twitter.com/KelpDAO/status/1775532966250451408) natively restaked ETH on Scroll
    
*   Layer N and Modulus [launches](https://www.coindesk.com/tech/2024/03/27/protocol-village/?_gl=1*1vyyhf6*_up*MQ..*_ga*NDc0NzI0MTQ3LjE3MTIyMDU4NDE.*_ga_VM3STRYVN8*MTcxMjIwNTg0MC4xLjEuMTcxMjIwNTg1Mi4wLjAuMA..) AI Functions for enhanced application capabilities
    
*   Zircuit [unveils](https://www.coindesk.com/tech/2024/03/27/protocol-village/?_gl=1*1vyyhf6*_up*MQ..*_ga*NDc0NzI0MTQ3LjE3MTIyMDU4NDE.*_ga_VM3STRYVN8*MTcxMjIwNTg0MC4xLjEuMTcxMjIwNTg1Mi4wLjAuMA..) ‘Build to Earn’ initiative, rewarding developers for innovation
    
*   Starknet [aims](https://tokeninsight.com/en/news/starknet-plans-to-introduce-parallel-transaction-to-increase-throughput) to boost throughput with parallel transaction processing
    
*   Horizen's Proof Verification Chain [enters](https://www.coindesk.com/tech/2024/03/27/protocol-village/?_gl=1*1vyyhf6*_up*MQ..*_ga*NDc0NzI0MTQ3LjE3MTIyMDU4NDE.*_ga_VM3STRYVN8*MTcxMjIwNTg0MC4xLjEuMTcxMjIwNTg1Mi4wLjAuMA..) testing phase on Testnet
    
*   GnosisDAO backs proposal for 'Hashi' integration to [strengthen](https://www.coindesk.com/tech/2024/03/27/protocol-village/?_gl=1*1vyyhf6*_up*MQ..*_ga*NDc0NzI0MTQ3LjE3MTIyMDU4NDE.*_ga_VM3STRYVN8*MTcxMjIwNTg0MC4xLjEuMTcxMjIwNTg1Mi4wLjAuMA..) security in Gnosis chain canonical bridges
    

**Conversations you missed:**

*   zkSync founder [hails](https://www.theblock.co/post/285268/zksync-founder-explains-why-zero-knowledge-proofs-are-the-endgame-for-blockchain-scalability) ZK Proofs as 'endgame' for blockchain scaling
    

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**We dive into the details, so you don’t have to:**

Google has expanded its search capabilities to display cryptocurrency wallet balances across multiple blockchains, including Bitcoin, sparking a debate around privacy and centralization concerns. While some view this integration of on-chain data into Google's extensive search platform as a step toward mainstream crypto adoption, privacy-centric Bitcoin supporters have raised concerns about the centralized aggregation of such information by a tech giant like Google.

Fhenix, an Ethereum Layer-2 platform pioneering fully homomorphic encryption (FHE) in smart contracts, has disclosed its collaboration with EigenLayer to develop FHE coprocessors. These coprocessors, akin to ZK counterparts, specialize in analyzing encrypted data directly, enhancing on-chain performance while preserving privacy. Leveraging FHE coprocessors enables efficient execution of sensitive tasks without exposing personal information, unlocking new blockchain use cases. Secured by Fhenix's FHE rollup and EigenLayer's staking mechanism, they ensure economic correctness and faster confirmation times by eliminating the need for a fraud-proof period.

[![User Avatar](https://storage.googleapis.com/papyrus_images/c08a4a947557be50143a8576bf88be412505b384f2f0347db87e848d69771195.jpg)](https://twitter.com/fhenix)

[Fhenix](https://twitter.com/fhenix)

[@fhenix](https://twitter.com/fhenix)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/fhenix/status/1775178786419442138)

Fhenix ![♾](https://abs-0.twimg.com/emoji/v2/72x72/267e.png)️ EigenLayer  
  
We're thrilled to announce an engineering partnership with [@eigenlayer](https://twitter.com/eigenlayer) to develop a novel [#FHE](https://twitter.com/hashtag/FHE) coprocessor architecture.  
  
Together, we are pioneering a new way for blockchains to incorporate FHE-enabled onchain confidential computing. By combining the

![](https://storage.googleapis.com/papyrus_images/ab87325c34f2fe68999fa6eda9c5678f052b599392c651f70b302f2c1668683a.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 815](https://twitter.com/fhenix/status/1775178786419442138)[

10:09 AM • Apr 2, 2024

](https://twitter.com/fhenix/status/1775178786419442138)

The Horizen blockchain team has rolled out its "proof verification chain" to testnet, positioning it as the latest addition to their modular blockchain stack. This network facilitates the exchange of $ZEN (Horizen’s native token) and verification of FFLONK Proofs from Polygon zkEVM instances. Integral features include a user-friendly proof submission interface enabling ZK rollups to seamlessly submit proofs for verification and an attestation mechanism published on Ethereum, enhancing transparency by validating proofs.

Connect with Automata on both [X (Twitter)](https://ata.ws/twitter) and [Discord](https://ata.ws/discord).

This newsletter is for informational purposes only. It is not intended to be a substitute for professional financial advice or interpreted as investment advice. Cryptocurrencies are volatile assets and you should always do your own research before making any informed decisions when investing or trading.

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*Originally published on [Automata Network](https://paragraph.com/@automata-network/privacy-matters-38)*
