As you may know @fhenix mainnet has been live for a few days now and a major question has been what it actually looks like in practice, I am currently engaging with it myself. After further exploring the Genesis phase, the unique value it offers has become clear. Previously if users wanted to keep their balances or transaction amounts private on Ethereum, they were essentially forced into a trade-off. → Either keep everything fully transparent to maintain composability, or move to a separate private token. →And pool which leads to fragmented liquidity and the burden of managing multiple addresses. CoFHE changes this approach. It is a coprocessor that utilizes FHE, enabling smart contracts to perform computations directly on encrypted data without the need for decryption. The dual-mode token leverages this mechanism allowing for a single token and a single address to maintain two distinct states, all while ensuring secure usage👇