Today, apart from those lively controversial topics in the market, what is truly worth following is the movement of two large public sale projects.

Speaking of the Zama project, I had a conference call with their team during the due diligence process. It's rare to see European teams securing hundreds of millions in funding. After our discussion, I was left with a question that I couldn't figure out: their focus on fully homomorphic encryption (FHE) technology is indeed impressive, but how can this be understood and accepted by ordinary users?

No matter how advanced the technology is, if it cannot be transformed into value that users can perceive, promoting it will be very troublesome. FHE, as a fundamental encryption technology, is a powerful tool for developers, but for retail users, most people cannot even grasp the basic concepts. How to bridge this cognitive gap may be the key factor in determining how far the project can go.