Trustless Gaming
Trustless Gaming
Trustless gaming faces privacy and security challenges due to blockchain’s inherent transparency. Fhenix’s encrypted computation capabilities ensure the security of in-game transactions, safeguarding them against fraud and unauthorized access. Additionally, Fhenix plays a crucial role in protecting player data, including their historical strategies, owned assets, and personal information, ensuring that sensitive details remain confidential. By enabling fair play through encrypted computation, Fhenix helps prevent cheating and promotes a level playing field for all players.
Key Components:
NFTs (Non-Fungible Tokens): Used to represent unique in-game assets, giving players true ownership of digital items.
Smart Contracts: Automate and enforce game rules and transactions without intermediaries.
Decentralized Autonomous Organizations (DAOs): Enable community governance over game development and decision-making.
Player-Centric Economies: Empower players to earn and trade assets, contributing to a play-to-earn model.
Why Encryption/
Confidentiality is required?
Securing In-Game Transactions
Public blockchain records enable opponents to analyze past strategies and pending moves or to manipulate the game such as through front-running actions. Encrypting both financial transactions and player actions protects against real-time manipulation.
Protecting
Player Data
Player data can be discoverable, such as their financial assets and personal information, exposing them to phishing attacks and real-world security risks. Encryption anonymizes player activity, reducing these risks.
Transparent
State Updates
Existing solutions such as ZKPs have transactions processed offchain and periodically updated onchain. This results in the blockchain only being updated at intervals, leading to a lack of real-time verifiability. FHE has all moves encrypted onchain, yet verifiable via decryption.
Why Fhenix?
Fhenix addresses existing Web3 gaming limitations by ensuring that all sensitive on-chain data remains private and secure. FHE enables an improved approach with built-in transparency as each in-game move is onchain and updates the blockchain’s state, verifiable via decryption.
Complete Privacy Preservation: FHE enables computations on encrypted data without ever decrypting it, ensuring complete privacy preservation. Unlike TEE, where data is decrypted within a secure enclave, FHE keeps data encrypted at all stages, reducing exposure to unauthorized access or leaks.
Universal Computations & Broad Potential Applications: FHE stands out for its ability to execute virtually any computation on encrypted data, providing a universal solution for all possible Web3 gaming computational requirements. This also means that FHE can be utilized across a broader range of applications, enabling more complex and privacy-preserving gaming applications. In contrast, existing technologies like MPC and ZK are often designed for specific types of computations or applications.
No Trusted Third Parties: Both TEEs and MPC technologies may require trusted third parties or trust setup procedures. FHE operates without any need for trusted third parties, increasing security and being fully aligned with Web3 gaming’s decentralization ethos.
Non-Interactive: Many encryption schemas such as MPC are interactive, meaning they require coordination amongst parties. This introduces complexity and inefficiencies, whereas FHE’s non-interactive nature ensures computations are streamlined.
Simplified Infrastructure: MPC requires coordination amongst multiple parties, while TEE requires extremely specialized hardware. In contrast, FHE greatly simplifies the infrastructure requirements for secure computations.
Enhanced Regulatory Compliance: With stringent data protection laws, FHE’s robust privacy-preserving feature can aid in data privacy and compliance, making it easier for Web3 gaming to reach broader adoption.
Fhenix addresses existing Web3 gaming limitations by ensuring that all sensitive on-chain data remains private and secure. FHE enables an improved approach with built-in transparency as each in-game move is on-chain and updates the blockchain’s state, verifiable via decryption.
Complete Privacy Preservation
FHE enables computations on encrypted data without ever decrypting it, ensuring complete privacy preservation. Unlike TEE, where data is decrypted within a secure enclave, FHE keeps data encrypted at all stages, reducing exposure to unauthorized access or leaks.
Universal Computations & Broad Potential Applications
FHE stands out for its ability to execute virtually any computation on encrypted data, providing a universal solution for all possible Web3 gaming computational requirements. This also means that FHE can be utilized across a broader range of applications, enabling more complex and privacy-preserving gaming applications. In contrast, existing technologies like MPC and ZK are often designed for specific types of computations or applications.
No Trusted Third Parties
Both TEEs and MPC technologies may require trusted third parties or trust setup procedures. FHE operates without any need for trusted third parties, increasing security and being fully aligned with Web3 gaming’s decentralization ethos.
Non-Interactive
Many encryption schemas such as MPC are interactive, meaning they require coordination amongst parties. This introduces complexity and inefficiencies, whereas FHE’s non-interactive nature ensures computations are streamlined.
Simplified Infrastructure
MPC requires coordination amongst multiple parties, while TEE requires extremely specialized hardware. In contrast, FHE greatly simplifies the infrastructure requirements for secure computations.
Enhanced Regulatory Compliance
With stringent data protection laws, FHE’s robust privacy-preserving feature can aid in data privacy and compliance, making it easier for Web3 gaming to reach broader adoption.