Mind Network has partnered with Symbiotic to launch a re-staking based FHE shared security service

ChainCatcher news, Mind Network announced on social media that it will collaborate with the shared security protocol Symbiotic to launch a re-staking based FHE shared security service.

With the launch of Symbiotic, it also announced a $5.8 million seed round financing. As one of the first partners, Mind Network will leverage Symbiotic's re-staking services and sovereign features, combined with FHE fully homomorphic encryption, to enhance the economic and consensus security of decentralized networks.

Symbiotic is a permissionless shared security protocol designed to promote the development of decentralized networks, dedicated to providing developers with a friendly platform to create trust-minimized applications.

Mind Network is the first FHE Restaking layer designed for AI and PoS networks, supporting solutions for AI networks, DePin, and storage in Web3 infrastructure.