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In the corner of a coffee shop, a programmer chuckles bitterly to a friend: "My wallet address was exposed by my girlfriend, and now I can see my entire asset allocation." The friend responds: "That's what you call decentralization, true privacy erosion."
This joke sounds funny, but behind it lies a harsh reality in the Web3 world—every user transaction, asset scale, and on-chain activity record is almost naked on a public ledger. No matter how hot DeFi, AI concepts, or Meme coins are, they can't hide this fundamental pain point.
For this reason, some projects are beginning to explore cryptographic technologies like "Fully Homomorphic Encryption" (FHE) to address privacy issues. Among them, Mind Network and its native token $FHE aim to create a "data usable but invisible" blockchain ecosystem. The project is positioned as the first on-chain network designed specifically for AI agents, based on homomorphic encryption. It sounds a bit hardcore—simply put, it allows your data to be computed and utilized without revealing the actual content.
Currently, the price of $FHE is around $0.04432, like the calm before the dawn. If this privacy solution can be implemented, the underlying logic is to redefine data ownership and value flow. This is not short-term hype but a matter of infrastructure for the entire Web3 and AI era.