$ZAMA | Quick Overview - Understand Zama in 5 minutes
$ZAMA is a confidential computing project recently listed on Binance.
At its core, The Zama Confidential Blockchain Protocol enables confidential smart contracts on top of any L1 or L2, powered by Fully Homomorphic Encryption (FHE). This allows on-chain computation on encrypted data while preserving composability.
Key narrative: - Confidential smart contracts via FHE - Privacy-preserving DeFi & applications - Infrastructure layer for secure on-chain computation
Valuation insight: - @Zama Protocol has raised a total of $184.83M, while the current market cap sits around $68.66M - This means price is still below private funding valuations, suggesting the token may not be heavily hyped at current levels
With privacy and confidential computing narratives gaining traction again, $ZAMA worth keeping on the radar.