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SHIB has implemented Fully Homomorphic Encryption (FHE) to enhance privacy and security within its blockchain ecosystem, setting a new standard for data protection in cryptocurrencies. This move not only addresses the urgent need for robust privacy measures amidst rising cyberattacks but also demonstrates SHIB’s commitment to its community and innovation in the Web3 landscape. With FHE, SHIB enables encrypted computations, safeguarding sensitive data and unlocking potential for new use cases like confidential smart contracts and encrypted machine learning, reinforcing its position as a trailblazer in blockchain technology.
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