2026-01-11 11:23:57

Complete the Zama KYC registration process; using an ID card and a China Merchants Bank bill is enough to pass. I referenced many tutorial creators' steps before successfully getting it done.

Now, the focus shifts to more privacy-oriented directions. The projects Fhenix and Redact Money are worth paying close attention to:

First is Fhenix's promoted COFHE technology and dual-mode stablecoin solution. This system forms an interesting complement to Zcash—covering private DeFi, confidential governance, cryptographic analysis, and more, with a lot of potential for ecosystem expansion.

I have to say, the privacy track is becoming an important narrative that cannot be missed this year. From KYC experience to project technical reserves, the entire field is accelerating in evolution. Whether it's early-stage deployment or subsequent follow-up, both are worth watching. 🔥

ZEC12,23%

DEFI-0,51%

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FundingMartyr

· 9h ago

Privacy has indeed become a hot topic, and it seems like there's a new twist every month... I need to check out the code for that COFHE thing before I can place any bets.

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DataPickledFish

· 20h ago

Haha, the招商银行账单 trick is brilliant. I’ve done it the same way, but it took several tries to understand the process. Privacy is indeed interesting. Fhenix’s COFHE looks a bit complicated. Can someone explain it simply? Have you heard of Redact Money? It doesn’t seem to be as popular as Fhenix. I agree that the track is heating up, but it feels like only a few people are actually using these privacy solutions; most are just hyping concepts. Zcash has been quiet for so long, and now there’s a new privacy project trying to shake things up. That’s pretty interesting. Early-stage deployment sounds very appealing, but the key is whether these projects are reliable. Has anyone tested them in practice?

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ShibaMillionairen't

· 01-12 12:28

The privacy track is really here. Fhenix's COFHE stuff definitely seems to have some substance.

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GweiWatcher

· 01-11 11:54

The privacy track has indeed heated up, but to be honest, the COFHE technology concept is being hyped quite aggressively. The real implementation still depends on what happens next.

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GovernancePretender

· 01-11 11:52

The privacy track has really taken off this time. Fhenix's COFHE technology is indeed impressive, but to be honest, it still depends on what the subsequent ecosystem can develop.

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FlashLoanPhantom

· 01-11 11:51

KYC is really becoming more intense, even having to take out bank statements from China Merchants Bank... Privacy tracks seem to be the most likely to encounter issues this year. Fhenix's COFHE technology sounds impressive, but the actual implementation is another matter. Let's wait and see. Privacy coins are always like this—loudly promoted and sharply rising... Wait, what is Redact Money again? I haven't heard much about it. How come the dual-mode stablecoin is still tied to Zcash? That logic is a bit strange. KYC has actually become the biggest irony for privacy projects, haha. This round definitely requires attention, but don't go all in, everyone.

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SchrodingerWallet

· 01-11 11:48

Privacy narratives are back again. Will this time truly lead to implementation, or is it just another slogan? Fhenix's COFHE sounds promising, but there's always a huge gap between the technology and real-world application.

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StablecoinArbitrageur

· 01-11 11:24

actually, the correlation between KYC friction and privacy tech adoption is way more interesting than anyone's giving it credit for. if you run the numbers on Fhenix's COFHE implementation against Zcash's model... the basis points differential in execution efficiency? chef's kiss. not convinced Redact Money's liquidity pools will hold up though, order book depth is sus

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