April 2023 update

In April 2023, Partisia Blockchain had an eventful month with exciting updates and developments. We welcomed Bakyt Azimkanov as the new Head of Communications, signaling a commitment to expanding its reach and global presence. The Spotlight Solutions campaign continued to showcase our MPC technology capabilities in enhancing security and trust in the blockchain industry. Partisia Hivemind Huddles was launched, providing a space for the community and team to discuss a variety of topics and encourage collaboration. And we distributed the third quarter staking rewards. Finally, we also shared several tech updates, including the launch of the ETH price oracle on testnet and the enabling of multiple inputs in an MPC contract, among other updates.

New Head of Communications and Consensus 2023

Last month, we were thrilled to share some exciting organizational highlights. Partisia Blockchain Foundation recently welcomed Bakyt Azimkanov as our new Head of Communications, marking a significant addition to our leadership team. Bakyt is an accomplished professional with years of experience in strategic communications, branding, and press outreach programs across blockchain, financial services, and technology. Before joining us, he served as the Head of Communications at the Cardano Foundation. In his new role, he will oversee the development and implementation of a comprehensive communication strategy aimed at increasing awareness and driving adoption of our blockchain technology with cutting-edge multiparty computation capabilities.

We were delighted to have Bakyt, along with another excellent addition to Tiago Serôdio, Head of Community, attend Consensus 2023 in Austin, Texas, to represent Partisia Blockchain. Our team was thrilled to meet new and old friends in the community and engage in fruitful discussions about the future of blockchain technology. We had a great time networking and learning about the latest trends and innovations in the industry and were delighted to see so much enthusiasm for our MPC blockchain technology. If you missed us at the event, please reach out to us and let’s connect. We look forward to seeing you at the next blockchain event.

Solutions Spotlight and Hivemind Huddles

Throughout April, we continued to highlight our Solutions Spotlight campaign, including Secret Surveys, Preventing Front Running, Privatized Settlement Layers, and Data Sharing showcasing how Partisia Blockchain’s MPC technology can enhance security and trust in the blockchain industry. Our Head of Community, Tiago Serôdio, and Head of Developer Relations, Bruce Ahn, led a series of Spotlight AMAs and Q&As to educate our community on how our MPC technology can solve real world problems.

Last month, we were thrilled to launch Partisia Hivemind Huddles! Our inaugural monthly Hivemind Huddle took place on Friday, 21 April 2023, providing a space for our community and team to come together and discuss a variety of topics, while encouraging everyone to participate with their ideas and thoughts. This informal and welcoming forum is designed to promote open communication and collaboration. For the first session, we focused on answering recent questions from our community through an AMA format. For those who could not attend, we will hold a second session that will recap the first session and address any follow-up questions. Stay tuned for updates on the next Hivemind Huddle, and mark your calendars to join us for lively discussions and brainstorming sessions.

Ecosystem expansion and rewards distributions

Our ecosystem is growing! Our partners have been working hard and making progress building on our chain. Our sales team also has been busy and are working through more than 40 new leads and prospects. We have also seen higher interest in our blockchain and, as a result, have received multiple pitch ideas and we are busy working to get them onboarded and begin development. Please be on the lookout for our ecosystem spotlight in May for more details.

Third quarter rewards distributed. We have distributed our bootstrapping rewards for the third distribution quarter (December 2022 — February 2023). This is also our first distribution for our community stakers and more than 650,000 MPC tokens were distributed. Even better, we expect our next quarter rewards to be over one million! So, if you have not staked your tokens, please read this guide and put your tokens to work.

Tech updates: news in brief

  • We launched our ETH price oracle on testnet. This is an important milestone for our BYOC bridge function to keep updated with the latest ETH price. Mainnet to follow soon.
  • Partisia Blockchain has grown to 103 baker nodes, and crossed the 100 server mark.
  • For our node operators, Small Oracle selection is now randomized. This ensures a fair selection in who becomes the next small oracle for our BYOC bridge functions. And for previous small oracles it allows them to step back and unstaking of their tokens.
  • Smart contract change: a new feature for developers to put their smart contract “on ice” in the event of gas running out. A smart contract can be safely stored whenever gas runs out of the contract and be brought “back to life” by adding more gas.
  • We have enabled struts in our smart contract language. Developers can now include multiple inputs in an MPC transaction for faster, cheaper execution of zero knowledge computation contracts.
  • We have tweaked our token transfer contracts so tokens cannot be put in limbo. Our “IRIS” sharding technology affords dynamic scalability and requires transfers be done in two steps. In the past, there were rare instances of tokens being stuck in between these steps. We have tweaked our contract so that this can no longer happen.

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