New post on ! Obscura: A Privacy-Preserving Rollup with Verifiable Fully Homomorphic Encryption (VFHE) By: - chanderprakash20 - @VitalikButerin 🔗 Highlights: - Obscura addresses the need for privacy in Ethereum's scalability roadmap, which currently focuses more on speed than confidentiality. - Existing privacy solutions like Aztec and Fhenix have limitations, such as lack of multi-party support and verifiability. - Obscura uses Verifiable Fully Homomorphic Encryption (VFHE) along with zero-knowledge proofs to ensure privacy across various operations, including messaging and transactions. - The technology is designed to be compatible with Ethereum's existing tools, making it easier for developers to adopt without needing to learn new systems. - Feedback from the Ethereum community is sought to understand developer needs and challenges in creating privacy-preserving applications. ELI5: Obscura is a new technology that helps keep your online transactions private while still allowing others to verify that everything is correct. It combines advanced encryption methods to ensure that your data is secure and private, even when using Ethereum's network.