Honestly, there's no reason why this wave could not reach up, $FHE .
The technology is really solid:
Fully homomorphic encryption, DeepSeek's first official integration, ByteDance MCP, Alibaba Cloud production-level environment——
These collaborations are not just logos; they can be verified.
Moreover, the biggest pain point for AI right now is privacy:
We feed our data into models every day,
What do they see, where is it stored, who can access it?
Users have no control at all.
In this context, Mind Network is doing "usable but invisible" data, and the direction is indeed correct.
But the problems are also there:
First, the performance bottleneck of FHE has not been solved.
Ciphertext computation is too expensive and slow; to run large-scale real applications, we still need to tackle the tough technical challenges.
Second, the Agent economy currently feels more like a "vision".
Real scenarios that can create significant demand and form sustained consumption
are still in the testing and pilot phase,
and we have not yet seen a timeline for application explosion.
Third, the narrative is ahead of the price.
The heat of contracts and media volume is very strong,
but if subsequent development does not keep up, this wave of enthusiasm may also cool down quickly.
I still say:
I like its direction, but it must speak with results.
If technological breakthroughs continue to advance, collaborations move from concept to production,
and the Agent economy really gets going——
then it is indeed a low-position future ticket right now.
So this time I neither hype it nor criticize it,
I only maintain a judgment:
At this position, I am willing to continue watching it move in a positive direction.
