Welcome to the cutting edge of blockchain technology with Partisia Blockchain, a trailblazer in the realm of privacy-focused and regulation-friendly blockchains. Launched on December 17, 2021, Partisia Blockchain is now operating with its 3.0 version, "ZEUS," live as of April 2023.
Core Performance Goals:
Partisa Blockchain sets ambitious performance goals, aiming to maintain transaction costs at an impressive $0.01 and achieve block production in just 0.3 seconds through innovative sharding. The result? A processing speed of 1,000 transactions per second per shard.
Balancing Information Security:
With a commitment to information security, Partisia Blockchain prioritizes the crucial elements of integrity, privacy, and availability. This balance is poised to redefine the landscape of Web3.
Privacy Features:
Partisia Blockchain employs Zero-Knowledge (ZK) computations to safeguard privacy. This extends beyond basic confidentiality, introducing novel use cases such as implementing public blockchains for companies and ensuring transaction privacy through customizable smart contract execution. Even when data extends beyond the blockchain through oracles, Partisia Blockchain's ZK computations remain steadfast in preserving privacy.
Revolutionizing ZK Computation Technology:
While ZK computations were initially theorized in the 1980s, practical implementation faced complexity challenges for over two decades. Partisia Blockchain's visionary team, led by founder Bay Bogetoft, broke ground as the first to bring ZK computations into practical use. The applications of this technology extend to cryptographic solutions in key management, non-exchange matching systems, data brokerage systems, and beyond.
MPC Token:
Partisia Blockchain introduces its native token, $MPC, featuring unique attributes and distribution methods. Transaction fees within the ecosystem are paid directly in liquid tokens like $ETH and $USDC through Bring Your Own Coin (BYOC), eliminating the need for $MPC to cover transaction costs. Node operators engage with $MPC tokens for staking in three node types: Baker, ZK, and BYOC cross-chain nodes. The total supply of $MPC is capped at 1 billion, distributed across ecosystem incentives, team compensation, token sales, and reserves.
In the ever-evolving landscape of blockchain technology, Partisia Blockchain emerges as a beacon of innovation, seamlessly blending regulation-friendliness with a privacy-centric approach. Stay tuned for the exciting developments on the horizon as Partisia Blockchain continues to redefine the boundaries of what is possible in the blockchain space.
