July 2023 update

July 2023 update

July has brought remarkable progress and achievements to Partisia Blockchain! We are thrilled to share the latest developments in our dynamic ecosystem. In July, we unveiled our Grants Program for the second half of 2023, empowering visionary builders in the blockchain space with up to 3 million $MPC tokens. These pioneering teams will have access to cutting-edge technology and infrastructure, unlocking new possibilities in decentralized applications. Our commitment to driving innovation goes beyond financial aid — we empower those who challenge the status quo. Join us as we explore the exciting developments in our ecosystem, reflect on our impactful presence at EthCC, and delve into the tech highlights that pave the way for a more robust and user-friendly Partisia Blockchain.

More builders on Partisia Blockchain wanted

Partisia Blockchain Foundation was thrilled to reveal our Grants Program for the second half of 2023, offering up to 3 million $MPC tokens (valued at US$1.2 million as of today) to pioneering builders in the blockchain space. We are seeking teams determined to create unique solutions that surpass current blockchain limitations. With our support, these projects will have access to cutting-edge technology and infrastructure to bring their groundbreaking ideas to life, addressing challenges previously considered impossible on other chains. Our commitment to driving innovation extends beyond financial aid, as we commit to empower teams that stand out and revolutionize the possibilities of decentralized applications. You can check out our value proposition and read the grant guidelines to apply now!

The Partisia Blockchain team was also thrilled to participate in EthCC conference in Paris in July, where we celebrated collaboration, strengthened partnerships, and reconnected with blockchain friends. Thanks to EthCC for providing a valuable platform for us to showcase our innovative technology, enabling secure collaboration while preserving privacy through advanced Multiparty Computation (MPC). We hope to see more of you next year.

As adoption is one of the main focuses for us, we kicked off a new adoptions team creation with a meeting in Aarhus. All the adoption officers were brought together to align on our strategy and goals for this year. Some of the key areas we agreed to focus on were in metrics, (number of leads from various sources, percentage of conversion, effective marketing campaigns, etc) to understand better where we are doing well and where we need to improve on.

Talking about adoptions, we are also happy to introduce another amazing project that has signed on to build on Partisia Blockchain. Veric is a credential and asset oracle running on Harmony One and they will begin to integrate Partisia Blockchain’s privacy technology to add additional functionality to their application. By adding the privacy layer, they aim to privatize details of their assets that they are looking to use for payment.

We were also honored to participate in this year’s University of Geneva “SDG Summer School”. The focus this year was “Open Source Health Solutions” and students from across the world met during three weeks on the ground and online. We had the pleasure of coaching a group of young minds looking to solve a technological problem for a healthcare company. The innovative solution the students came up with uses MPC and blockchain technologies and could have a positive impact on women’s health.

Unlocking liquidity for unvested tokens

In line with our Ecosystem Focus, we were excited to showcase SecondLane, a groundbreaking project co-founded by key players in the Web3 OTC market. Offering advanced technology and licensing expertise, SecondLane is building on Weezi empowers project teams, advisors, and investors to unlock liquidity for unvested tokens and equity, while also facilitating the discovery and trading of illiquid digital assets. Explore SecondLane’s unique features in our guest blog, and join us for an insightful Q&A discussion with Oleg Ivanov, Co-Founder of Weezi/SecondLane, to gain exclusive insights into the platform.

Roadmap on track

As we reflect on the exciting developments in July, Partisia Blockchain has been busy pushing the boundaries of our technology and infrastructure. Here are some of the key highlights from our roadmap.

  • BYOC token onboarding framework: Our payment mechanism’s unique tokenomics allows us to use tokens from other chains. We have already integrated Ethereum, Polygon USDC, and BNB into our platform, and now, we are bringing the power of onboarding tokens to the community. With the Ethereum BYOC Framework, any community developer can propose the onboarding of an ERC20 or BEP20 token running on their respective chains into the Partisia Blockchain bridge. This democratizes the control of token addition, putting it in the hands of the users.
  • Developer tools for seamless development: We recognize that strong developer support is crucial for blockchain adoption. Therefore, we have been working diligently on frameworks, contracts, and libraries that will help developers create incredible applications on our chain. Among these forthcoming tools are DEX contracts, a CLI interface for smart contract interactions, a test framework, a gas estimation tool, and documentation for interactions with governance contracts. We aim to simplify the development process, encouraging more developers to join our vibrant community.
  • Arithmetic MPC protocol: While our current MPC protocol, “REAL,” excels in binary computations, we are actively working on introducing an arithmetic protocol. This enhancement allows efficient operations on different unit types, enabling a broader range of applications with improved performance. The arithmetic protocol will complement our existing capabilities, opening new avenues for innovation.
  • Research into native bitcoin as BYOC: As we explore solutions to improve interoperability, we are researching ways to allow native Bitcoin to be used as an asset in the Partisia Blockchain. Unlike current wrapped versions that rely on custody, our approach seeks to align with the trustless ethos of public blockchains, making native Bitcoin more secure and versatile for users.
  • Smart contract improvements: Your feedback drives our continuous improvement. Based on developer inputs, we have been working on various enhancements to improve the quality and functionality of our platform. Some of these upcoming features will create new use cases for MPC tokens, enhancing the overall ecosystem.
  • Simplified node operations: We understand the importance of accessibility and user-friendliness. To make node operations more straightforward and efficient, we are implementing a simpler setup and operational process. Our “Staking 2.0” model will streamline node registration, token association, and dissociation, removing barriers and simplifying stake management.

With these exciting developments, we are paving the way for a more robust and user-friendly Partisia Blockchain. As we move forward, our team is eager to reveal more groundbreaking tech updates next month. Thanks again to our community and your continued support!

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June 2023 update

June 2023 update

The first half of 2023 has been an exciting time for Partisia Blockchain. We have achieved significant milestones and made remarkable progress in the Web3 space. As we look back on the exciting developments, we are thrilled to share our progress with our community and ecosystem partners. We integrated the BNB token into our ecosystem, launched our pricing oracle, explored the synergy between blockchain and sustainability and much more. For an overview of our accomplishments, we invite you to watch our First Half 2023 video review, where our founders give an update on the highlights and progress we have made.

The Partisia Blockchain team had the privilege of attending the renowned Crypto Valley Conference in Rotkreuz in early June. This gathering in our home canton of Zug brought together a diverse range of stakeholders, including our community, esteemed partners, and industry experts. We engaged in insightful discussions centered around emerging trends such as artificial intelligence and privacy.

Last month, our team members gathered in Copenhagen for a strategy meeting to collaborate, strategize, and plan for the rest of 2023. This meeting played a crucial role in bringing us together, aligning our goals, and fueling our drive for excellence in the upcoming months. Our founders also held a successful Quarterly Ask-Me-Anything (AMA) session with our community, where we provided updates on our accomplishments during the first half of the year and the plans ahead. The AMA was a demonstration of our commitment to fostering open communication and collaboration within our growing ecosystem.

BYOC family expands further

June was full of major milestone achievements, with the BNB token now part of the BYOC family. This opens up both additional opportunities for the BNB community into our ecosystem as well as enabling the BNB dApps with our multiparty computation technology. As a part of the implementation, Bruce Ahn, our head of developer relations joined Binance in their AMA to describe what the integration is all about.

We also launched our long awaited pricing oracle for both ETH and BNB tokens. This will allow accurate pricing information for when ETH or BNB tokens are spent as gas in our chain.

Web3 activities taking off

The Partisia Blockchain community has been buzzing with excitement and activity, with various initiatives and partnerships making significant strides in the Web3 space. Let’s take a closer look at some of the major achievements and updates from our ecosystem partners.

Kin, the ad free Web3 search engine, kicked off a highly successful airdrop campaign in June. The campaign has been nothing short of remarkable, allowing Kin to reach a wide audience and introduce our project to Web3 enthusiasts around the globe. We are thrilled to see the tremendous growth in the Kin community and excited for what is next.

Another noteworthy achievement comes from Blockchain-Ads, a revolutionary advertising and data solution in the Web3 space. They have successfully deployed their groundbreaking product, the “Web3Cookie,” on the Partisia Blockchain testnet. This innovative data monetization tool empowers everyday internet users, enabling them to generate their own cookie and securely monetize their browsing data while preserving their privacy.

Empowering creator economy and record rewards

In addition to these achievements, we recently hosted our first exciting livestream on Parti.com, the first Web3 Peer-to-Peer creator economy platform. Brian Gallagher, the Co-Founder of Partisia Blockchain, took the stage and shared his insights into various topics. The livestream covered the BNB token bridge integration, zero knowledge, and decentralized social media. It was an opportunity for the community to gain valuable knowledge and test out the new Parti.com platform.

We were also delighted to announce the commencement of the on-chain distribution of rewards for the fourth quarter (March–May 2023). This quarter’s distribution is our largest to date, with a total of 1,202,224 MPC tokens being paid out to 743 wallets. The progressive nature of the rewards ensures that each quarter brings new opportunities for participants. If you are new to staking, we recommend checking out our guide and instructional video to learn how to stake and get rewarded.

Problem-solving and sustainability-driven solutions on the rise

In our ongoing commitment to innovation, Partisia Blockchain continued to shine a spotlight on our Interoperability and Scalability solutions. We explored the potential of our Interoperability solution, which enables seamless collaboration between chains, unlocking endless possibilities. Through the power of Bring Your Own Coin (BYOC), we revolutionize the way transactions are conducted across different chains. To learn more about our Interoperability solution, we invite you to read our article on the challenges in blockchain interoperability and Partisia Blockchain’s solution. Additionally, we hosted an informative Q&A discussion, where our expert team members provided valuable insights.

When it comes to scalability, we ventured into the future of blockchain scalability with our Complete Sharding solution. This cutting-edge solution harnesses the power of real-time finalization and genuine parallel processing of blocks, resulting in remarkable scalability. To gain a deeper understanding of what sets our Complete Sharding solution apart, we encouraged readers to dive into our detailed article and watch our insightful Q&A discussion.

Recognizing the significance of sustainability in the blockchain space, this month, we delved into the impact and importance of sustainable practices. We explored how blockchain technology promotes transparency, accountability, and sustainable practices, highlighting the unique approach of Partisia Blockchain. In a captivating Q&A session, we engaged with Monadi, a platform that manages sustainability data and reporting in compliance with the Corporate Sustainability Reporting Directive (CSRD). Together, we explored the intersection of sustainability, Environmental, Social, and Governance (ESG) factors, and the UN’s Sustainable Development Goals (SDGs). The discussion shed light on how Monadi, powered by Partisia Blockchain, plans to incorporate these principles into its future sustainability initiatives.

Tech highlights of June

  • Updated Developer page,
  • Published MPC20 and MPC721 standards,
  • Extend life of ZK contract past 28 days,
  • Allow one contract to pay for another contract,
  • Look for new project sign-up announcements in July,
  • New feature updates, roadmap reviews, and smart contract examples to come.

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May 2023 update

May 2023 update

A month of celebration and thriving ecosystem

May was packed with exciting updates and announcements in the Partisia Blockchain ecosystem. We showcased our groundbreaking Random Number Generation (RNG) solution, highlighted impressive projects building on our platform, and launched Parti.com, an innovative launchpad for creators. We extend our thanks to the node operators and community members who participated in voting and congratulate Professor Ivan Damgård for receiving the prestigious Dijkstra Prize.

We also had the privilege of participating in the Cardano EMURGO × DoraHacks Hackathon, where we showcased the potential of MPC technology. Join us as we explore the latest tech updates and advancements in the Partisia Blockchain ecosystem and beyond.

Partisia Blockchain ecosystem continues to grow

This month, we have had several exciting updates and announcements within the Partisia Blockchain ecosystem. Firstly, we showcased Partisia Blockchain’s groundbreaking Random Number Generation (RNG) solution, which utilizes MPC and smart contracts to ensure secure and unbiased random number generation. With this solution, developers can achieve a high level of security and trust by eliminating biases and predictability.

Partisia Blockchain has also shone a spotlight on its vibrant ecosystem, featuring an array of impressive projects that have chosen to build on our platform. Kin, the Web3 ad-free search engine, disrupts the market with its community-driven approach and commitment to privacy. Blockchain-Ads fills a significant gap, enabling Web3 brands to reach their target audience effectively. eTrusty tackles corruption and enhances transparency in the procurement market. Thousand Faces supports female founders through a reward-based crowdfunding platform, addressing the gender gap in funding. Additionally, MetaNames, a decentralized Domain Name System (DNS), allows users to create human-readable domain names linked to Partisia addresses, smart contracts, social profiles, and IPFS content.

This month also marked the launch of Parti.com, the Insights Network’s innovative launchpad built on the Partisia Blockchain. Parti.com empowers creators by providing Web3 technology and cryptocurrency transactions for content monetization. The platform offers unprecedented control over creative output while enabling creators to earn revenue through self-hosted cryptocurrency. With an inclusive and user-friendly design, Parti.com ensures complete ownership and control of funds, accessible through a straightforward account setup process via Discord or Twitter login.

Next month, we are excited to continue our focus on highlighting our innovative solutions and showcasing the diverse projects thriving within the Partisia Blockchain ecosystem.

We want to extend our thanks to all the dedicated node operators and passionate community members who actively participated in the voting process on the proposals presented by the Partisia Blockchain Foundation’s Council. Your unwavering support is invaluable in shaping the future of Partisia Blockchain. Check out the voting result here.

We also want to give our warmest congratulations to Professor Ivan Damgård, Chief Cryptographer at Partisia, for receiving the prestigious 2023 Edsger W. Dijkstra Prize in Distributed Computing for the groundbreaking paper “Multiparty Unconditionally Secure Protocols,” co-authored by David Chaum and Claude Crepeau. Congratulations to Professor Ivan and the team on this well-deserved honor!

MPC’s superiority and new projects choosing Partisia Blockchain

On 23 May 2023, we had the privilege to participate in the Cardano EMURGO × DoraHacks Hackathon, where Jesper Gravgaard, Partisia Blockchain Senior Manager, showcased the immense potential of MPC technology and how our blockchain-as-a-service can revolutionize the Cardano ecosystem. Jesper’s presentation highlighted the advantages of incorporating privacy into existing applications, emphasizing the benefits it brings. You can find the presentation on our YouTube Channel.

We are thrilled to witness the rapid growth of our ecosystem with the addition of new projects building on Partisia Blockchain. Our partners, including Ballotboxx and veric-io, have been making significant progress to contribute to the expansion of our chain. Stay tuned for more exciting ecosystem spotlights in the upcoming month as we continue to foster the growth and development of our vibrant community.

ETH price oracle in the works

The development team was busy working on many new features in May. Alongside the changes needed for the token vesting change, we deployed:

  • Phase 1 of the Block Explorer functionality inside the browser,
  • Launched price oracle in testnet,
  • Rosetta improvements for easier partnership integration,
  • Enabled Memo on transactions between transfers.

In June, we will be working on additional functionality for the indexing tool for the browser, working toward bringing online the ETH price oracle in production, as well as moving forward with work on our decentralized exchange.

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