Flawed Homomorphic Encryption

A special thank you to all who contributed to this post: Sam Kim, Idan Sugarman, Rotem Tsabary, Arbion Halili, dWallet Labs, the Octra Foundation, Inco, and Khushi Wadhwa. Until humans reach a state of global consciousness, privacy will remain a crucial vector in our coordination game. FHE is the way we achieve this. The cryptography industry is still in its early innings. It is outrageous to claim that something will never work or be slow forever when the aggregate compounding of academic and entrepreneurial minds is nowhere near its apex. There are many fascinating areas of cryptography to delve into, but our focus for this article is on Fully Homomorphic Encryption, or FHE for short. — def FHE is an encryption scheme that enables multiplication and addition over ciphertexts. More formally, for some encryption scheme, E, function, f, and message, m, the following holds: E(f(m)) = f(E(m)) — The need for privacy on blockchains (and elsewhere) is an industry-wide area of consensus. With

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