Partisia Blockchain’s MPC token to be listed on multiple exchanges
ZUG, 13 MARCH 2024. Partisia Blockchain, a leader in privacy-preserving, interoperable and sustainable blockchain solutions, has been notified by multiple exchanges that they plan to list the MPC token. This pivotal development marks a significant milestone for the Partisia Blockchain ecosystem and reflects the growing recognition and demand for the MPC token within the broader blockchain industry.
The MPC token, named after the multiparty computation technology pioneered by Professor and co-founder of Partisia Ivan Damgård in 1988, serves as the cornerstone of the Partisia Blockchain, embodying a unique and revolutionary approach to blockchain technology. The MPC technology maintains data encryption in all possible states, safeguarding underlying information and giving users enhanced control over data. Unlike traditional digital assets, the MPC token plays a multifaceted role within the ecosystem, serving as essential collateral and incentivizing active participation in network operations.
At its core, the MPC token functions as the linchpin of the Partisia Blockchain’s security framework. As a fundamental component staked to all nodes within the network, the MPC token ensures the integrity and resilience of the entire ecosystem. Its innovative collateralization model sets a new standard for blockchain security, underpinning trust and reliability in every transaction conducted on the Partisia Blockchain.
Kurt Nielsen, President of the Partisia Blockchain, says:
“The listing of the MPC token on multiple exchanges represents a pivotal moment in our journey to redefine the landscape of blockchain technology. We are excited to expand the accessibility of the MPC token to a broader audience of contributors, developers, and enthusiasts, thereby unlocking new opportunities for growth and innovation within the Partisia Blockchain ecosystem.”
For users actively engaged in network operations, the MPC token offers a dual-purpose mechanism for participation and rewards. Node operators are not only rewarded with transaction fees in the form of Bring Your Own Coin (BYOC), such as ETH, USDC, USDT, BNB and MATIC, but also earn MPC ecosystem rewards, incentivizing ongoing contribution to the network’s robustness and security.
Furthermore, the Partisia Blockchain introduces an innovative staking mechanism, allowing participants to stake their MPC tokens in other nodes. This process not only enhances network security by adding layers of additional insurance and collateral but also democratizes the benefits of network participation, ensuring inclusivity and equity among all ecosystem participants.
The listing of the MPC token on multiple exchanges underscores Partisia Blockchain’s commitment to fostering a vibrant and dynamic ecosystem of decentralized innovation. As the demand for secure and scalable blockchain solutions continues to grow, the MPC token stands poised to lead the charge towards a more resilient and inclusive future for blockchain technology.
The exchanges set to announce the exact timing of the MPC token listing on their respective platforms.
About Partisia Blockchain: Partisia Blockchain is the Web 3.0 public blockchain built for trust, transparency, privacy, and fast turnaround times. Its unique combination of advanced cryptographic techniques and distributed computing principles sets it apart. By leveraging secure multiparty computation (MPC), Partisia Blockchain ensures privacy preservation without sacrificing efficiency, speed or security. Each day since 1988, Partisia is paving the way for anyone to create blockchain solutions to solve real use cases and tomorrow’s challenges – for real people. Learn more: www.PartisiaBlockchain.com
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