The PSE team introduced earlier is focusing on transforming and developing ETH privacy features as their main product research and development direction. Recently, the ETH PSE team shared the 2025 Roadmap, from which we can see several changes they are making. The Roadmap shows that PSE has shifted to a product-centric approach, which is a significant change compared to before. I looked at one of their Excel sheets, which listed over 280 privacy requirement scenarios, categorizing them, with each having a user scenario story, resembling the feel of a product development team, contrasting greatly with PSE's previous focus on cryptographic research. Key highlights from the 2025 Roadmap: - PSE upgrades to Ethereum's privacy steward - Focus on specific issues rather than pursuing flashy technologies - Centered on supporting the ecosystem rather than internal research projects - Concentrating on three main directions: 1/ Allowing information to be read from Ethereum without revealing...
Players in the FHE Track The original PSE team of ETH was previously focused on various aspects of cryptography, with not many specific scenarios in mind. Now, after this round of reforms, the main focus is on various scenarios of privacy computing, which corely involves two technologies: ZK and FHE. Compared to ZK, FHE is still in its nascent stage, but there is significant potential for future confidential contracts and the integration of privacy AI with AI. Here’s a list of the players currently visible in this track to see which projects can be participated in: 1/Zama @zama_fhe - FHEVM, TFHE-rs open-source library, considered the leader in this track, also the largest in terms of funding. - Funding: over $150 million 2/Fhenix @FhenixIO - Achieving confidential Ethereum smart contracts through FHE co-processors - Funding: $7M 3/Inco - Modular confidential layer using FHE/MPC/TEE - Funding: $9.5M 5/Enclave - Confidential FHE co-processor layer - Funding: not disclosed...
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