Zama, a confidentiality-focused blockchain protocol, has officially announced the release of its Confidential Blockchain Protocol and public testnet. The project aims to enable privacy on public blockchains by utilizing fully homomorphic encryption (FHE), a technology that allows computations to be performed on encrypted data without decrypting it first. The project is well-capitalized, having previously raised $150 million in a funding round led by major industry investors Pantera Capital and Multicoin Capital. This launch comes at a time when privacy-focused assets like ZEC have been gaining traction, signaling a shifting market attention toward privacy infrastructure. [Update 1] New reports confirm the technical specifics of the launch, highlighting the use of Fully Homomorphic Encryption (FHE) as the core technology for enabling on-chain privacy.