Octra is building a groundbreaking blockchain network powered by fully homomorphic encryption (FHE) ð, enabling computations directly on encrypted data. At its core are Circlesâself-contained execution environments ð where developers can deploy private smart contracts and decentralized applications without exposing sensitive information. This fusion of confidentiality and verifiable computation sets a new standard for trustless systems â¡
The testnet campaign rewards participants with points ð for completing activities such as wallet creation, token claims, and encrypted transactions. These points, tracked across three phases, may influence eligibility for a potential $OCT token airdrop following the token generation event ð¥
This early testnet phase represents a critical window ð for contributors to engage. Active participation could strengthen their position as Octra advances toward mainnet launch ð
About octra
Octra introduces a ProofâofâUsefulâWork (PoUW) consensus mechanism where network nodes secure the blockchain by performing encrypted computations. This approach replaces traditional energy-intensive mining with meaningful on-chain tasks, ensuring efficiency and utility.
The architecture revolves around Circlesâisolated microâblockchains designed for encrypted execution of decentralized applications. Developers can build in Rust, OCaml, C++, and WebAssembly, maintaining full data privacy from processing to storage.
A decentralized storage system supports this framework by encrypting, sharding, and replicating data across the network for high fault tolerance. Open-source repositories and a transparent development process further reinforce Octraâs position as a technically advanced and privacy-focused blockchain ecosystem.
