01 Dec 2025

The Holy Grail of Crypto Privacy: Encrypted Ethereum, FHE & Living Forever | Rand Hindi, Zama Co-Founder

Podcast cover

Bankless

In this Bankless podcast episode, Ryan Sean Adams interviews Rand Hindi, the founder of Zama, about bringing privacy and confidentiality to blockchain transactions, particularly on Ethereum. Rand discusses the limitations of current blockchain privacy solutions, highlighting the need for composability and public verifiability. He introduces Fully Homomorphic Encryption (FHE) as a key technology for enabling confidential smart contracts and explains how Zama uses FHE, MPC, and ZK proofs to create a secure and compliant privacy layer. The conversation covers the challenges of scaling FHE, regulatory concerns, and the potential for Zama to integrate into existing crypto wallets, providing users with a seamless "incognito" mode for their transactions. Rand envisions a future where confidentiality is the default for blockchain transactions, driven by institutional demand for on-chain finance.

Outlines

Part 1: Privacy Problem & Zama's Mission

Part 2: Technical Deep Dive: Cryptography & FHE

Part 3: Regulatory Compliance & Zama's Launch

Part 4: Rand's Background & Future Vision

Sign in to continue reading, translating and more.

Open full episode in Podwise