Fhenix has announced the release of its Fully Homomorphic Encryption (FHE) Rollups white paper. FHE is a more scalable technology used to execute arbitrary confidential smart contracts, which can enhance privacy on Ethereum and similar networks. These Rollups can achieve secure on-chain transactions and private applications, allowing developers to build a confidential second-layer network while maintaining compatibility with Ethereum. Fhenix founder Guy Zyskind said, "We will have a standardized Fhenix L2 mainnet, and we are working to become a stack of encrypted Rollups that builders can use to create their own networks."