As the first quarter of 2023 draws to a close, Partisia Blockchain is celebrating a successful start to the year. Our team participated in the renowned Paris Blockchain Week, where we showcased our latest solutions, including our revolutionary private voting technology. Additionally, we celebrated International Women’s Day with our Paris Hackathon winner, Thousand Faces, a community-driven investment platform that provides inclusion and accessibility for female and diverse founders. We are committed to supporting Thousand Faces’ goals and are thrilled to witness our network being utilized to address societal challenges. We also welcomed our new Head of Community, Tiago Serôdio, who will provide expert guidance on scaling and diversifying our community. At Partisia Blockchain, we remain committed to driving innovation, empowering our community, and delivering cutting-edge solutions.
We are delighted to announce the appointment of Tiago Serôdio as the Head of Community at Partisia Blockchain. With over 10 years of experience in building and running communities, Tiago’s appointment underlines our commitment to engaging our community and achieving our growth objectives. He brings a wealth of expertise in marketing campaigns and community management from his notable work at Cardano. We are excited to have Tiago on board and look forward to collaborating with him to scale and diversify our community. Additionally, we are thrilled to share that our team and collective skillset is expanding, with more Web3 professionals set to join. Stay tuned for more updates!
First and foremost, we were happy to meet our community members in Paris at the end of the month. Visitors of our booth during the Paris Blockchain Week were treated to exclusive merchandise and met with our delegation. Our community members were very supportive and active during the voting for the inaugural Paris Blockchain Week Awards. This afforded us to showcase one of our key solutions — private voting. Thousands have cast their votes and had an opportunity to experience our zero-knowledge voting. Therefore, we start our Solutions Spotlight campaign with a focus on private voting. Each week we will highlight one of our solutions and our new Head of Community, Tiago Serôdio, will lead a series of Spotlight AMAs and Q&As. The first one took place on 30 March 2023 focusing on private voting. The next ones will focus on secret surveys (6 April 2023), front running (13 April 2023) and privatized settlement layer (20 April 2023). Stay tuned!
In March, development work was mostly focused on improvements to key infrastructure functions. From fixing bugs to improving various invocations, we have been continuing to improve upon existing functionality.
In April, we plan to launch our first version of our Eth pricing Oracle on our testnet. This is an important milestone for our mainnet where BYOC transfers will now accurately reflect actual prices. This will both benefit our node operators to get more accurate fee distributions on their BYOC rewards, as well as allow for more accurate transferability on our Hermes bridge.
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The shortest month of the year was a time of steady progress. The first voting on blockchain being the highlight, updates to our staking tools were also February’s highlights. Team members from Denmark, Germany, Portugal, Switzerland, US and the United Arab Emirates convened in Aarhus for a strategic sprint meeting. In-person gathering in Central Jutland took the pulse of the current progress to date against the roadmap, outlined the plans for the remainder of the year and finalized the near-term strategy of key functions. Stay tuned for exciting new developments and be the first to know.
The first-ever voting on Partisia blockchain went live in February. The inaugural voting on our blockchain is the first of many applications of our technology. This vote showcases the untapped potential of the secure, transparent and privacy-preserving ZK technology for voting. We teamed up with the Paris Blockchain Week to power their début Awards in selecting the crème de la crème of the blockchain industry. The voting is on Parti.com, a unique social network run on our blockchain. Voting on blockchain allows users to securely vote on chain utilizing our tamper-proof technology.
Users can cast their votes for their nominee in each category, except People’s Choice Award and Prix du Jury, until 23 March 2023. The Award ceremony at the Carrousel du Louvre will take place on the last day of the Paris Blockchain Week. The Partisia Blockchain team will be in the French capital attending Europe’s largest blockchain industry gathering. We will be announcing a few things on the ground. So, rendez-vous à Paris during 21–23 March 2023!
As we welcome the spring, we will be also initiating a few community initiatives in March and rolling out various programs. We hope to involve our community regularly and host regular Q&A sessions, attend community-led meet-ups and introduce incentives. More details will come during this spring.
Last month, we released version 2 of our staking site. As part of the revamp, we released browser.partisiablockchain.com alongside a major change. This allows the community to stake both locked and unlocked tokens. In this release, we also updated our staking instructions and held two AMAs (instructions and reward model).
In the age of GDPR and tighter regulatory environment, we continue to show our leadership in the compliance space by launching jurisdiction management to ZK smart contracts. This allows developers control over where in the world the secret data of your contracts reside, ensuring your business can meet regulatory requirements even in the blockchain space.
In testnet, transferability of BYOC as well as MPC tokens are now enabled. Now you will be able to create contracts for transferring assets across accounts. You can also begin testing our unique swap capabilities on our testnet. We highly encourage all developers to try this out.
In the node community news, we made improvements in the BPOC contract. Active committee members, which were dropped due to server issues during a new committee vote process, now can re-enter the committee the following month without the need for a new committee vote.
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Hello Partisians,
We had an amazing January to start the year 2022 and are proud to share some of the big updates here with you today.
Last week, we added another 64 block producers to the network, bringing the network to 128 global validators. At the time of writing, Partisia Blockchain mainnet beta has finalized 452,927 transactions across three shards. The network run time has been 100% with zero outages. This is a major accomplishment and we’re excited to add another node operator committee and stress test the network during February 2022.
On 27 January 2023, Partisia Blockchain Co-Founders Kurt Nielsen, Peter Frandsen, and Brian Gallagher hosted the first ever video AMA for the Node Operators. It started with a thorough presentation from Kurt regarding the different nodes the network can run, the built in incentives, and near time road map. After the presentation, the team answered questions from the community.
The much anticipated public sale details are finally coming together! As the official mainnet genesis block is currently planned for March, the public sale will occur shortly after. There are a few variables to consider regarding the actual mainnet launch time and the Foundation remains flexible on the exact launch date based on the following:
Public Sale Platform: Partisia Blockchain will host its own public sale on our own platform. You must complete kyc.partisiablockchain.com to be eligible for the sale. Beware of any fake sales or scam attempts. The sale will be conducted from the official partisiablockchain.com website and nowhere else.
Price: US$0.40/MPC token
Vesting: Two-year quarterly unlock starting at TGE
Sale Quantity: Limited- minimum cap US$5 million, maximum cap US$40 million.
Our Twitter account was verified with a blue check mark by Twitter. This is quite an accomplishment for such an early stage project to get that type of recognition. Please make sure to give us a follow on Twitter if you have not already done so.
Over the course of the next week, we will begin to open source some of our libraries and launch bug bounty campaigns with our partner Immunefi. The details of this campaign will come in a separate blog post.
We have opened a new, official YouTube account and produced a short film showcasing our project. Be one of the first viewers here:
We have launched our official discord channel! Here is an invite link for you to join and get integrated into our bustling community: https://discord.gg/JEx7H8XY
It is going to be a high stakes month during February as we test our infrastructure with open source bug bounty campaigns. Beyond that, we are growing our community. With the new discord server now in operation, we plan to onboard tens of thousands of new users to the community this month. Please get involved by joining the Discord. You can also expect another AMA and more video content.
Partisia Blockchain Team
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Partisia Blockchain’s privacy-preserving technologies support the ICRC in providing humanitarian aid to global crisis zones.
On December 2, 2022, at our first Hackathon (the “PartiHack”) in Paris, France, Partisia Blockchain and the International Committee of the Red Cross (ICRC) announced our partnership to harness blockchain-based technology to enable aid distribution to global crisis zones in a way that is more efficient and safer for recipients. We were proud to be able to present the working prototype of this system and to demonstrate how this technology could be used in conflict zones to ensure a high degree of privacy and data protection for relief distributions.
This amazing collaboration offers a vision of a better mechanism for providing assistance to those most vulnerable to armed conflict and violence around the world. The stablecoin we are developing in partnership with the ICRC could pilot a new way of providing support to these victims by combining the advantages of public blockchains with the privacy protections of Partisia Blockchain’s advanced multi-party computation technology.
We are incredibly excited to begin applying Partisia Blockchain’s leading technologies to create a pioneering solution with the ICRC to explore and research how humanitarian cash and voucher assistance programs can benefit from our technology. This is a breakthrough in the real-world use cases of our blockchain.
The current partnership provides a key example of the power of Partisia Blockchain’s singularly scalable, privacy-protecting, multi-party computation technology. This model, first discussed at TOKEN2049 in Singapore, also served as a key source of inspiration for developers participating in Partisia’s Hackathon, which awarded several significant grants to projects judged among the best submissions.
More on those here!
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There are 7 proprietary innovations that deliver Partisia Blockchain’s complete Layer 1+2 Blockchain. In this blog, we present the final and the seventh innovative feature — market for trust — we call it Mithra.
For an overview of all of the 7 features see the Zeus blog. We present each of the 7 innovations with a unique post leading up to TGE on May 31, 2022.
As any decentralized network, Partisia Blockchain relies on efficient node operators and no dominating numbers of malicious nodes. To grow a strong network of highly trusted efficient nodes, the Partisia Blockchain will gradually evolve into a market for trust — a market that rewards nodes that efficiently validate and propagate information and run zero-knowledge computation and token bridges trusted by the users.
The first part of the market for trust is to incentivize good performance by the individual nodes running basic blockchain services. This covers P2P propagation of information, validation and execution of transactions. The initial incentive provision will adjust the simple proportional reward sharing with direct observable measures such as the number of blocks produced as Sequencer. This rewards the best nodes performing the very basic operation as Sequencer. This basic incentive provision will be extended with an advanced incentive scheme that rewards nodes for revealing the otherwise hidden activities in the P2P network. The collected information is made public and used to reward the nodes that are the most active propagators of information in the P2P network. The intuition for this model is illustrated below.
The second part of the market for trust focuses on the ZK and Oracle services that are operated by subsets of ZK and Oracle nodes. As the network of ZK Oracle nodes grows the users will be able to impact the selection nodes for zero-knowledge computation and token bridges. This selection process will gradually involve a market where quality is rewarded and the most trusted nodes will be paid a higher price for the services performed.
In conclusion, on one hand, the basic blockchain involving all baker nodes is incentivized through relative performance and local information in the P2P network. On the other hand, the services performed by subsets of nodes are incentivized through competition driven by the users. In combination, this two-sided incentive provision sets a new standard for how to incentivize a decentralized network by creating a comprehensive and transparent market for trust for the greater good.
For more details, please check out the yellow paper, software documentation and the Medium blogs.
This concludes the blog series that briefly introduced the 7 main features defining the Partisia Blockchain mainnet, called ZEUS:
Poseidon — Provable Fast Track Consensus
Hermes — Collateralized Token Bridging
Apollo — Unified Public and Private Smart Contracts
Mithra — Market for Trust
Please let us know what you think and thank you to everyone in our community for your support!
There are 7 proprietary innovations that deliver Partisia Blockchain’s complete Layer 1+2 Blockchain. In this blog we present the sixth innovative feature — public and private smart contracts — we call it Apollo.
For an overview of all of the 7 features see the Zeus blog here. We are presenting each of the 7 innovations with a unique post to explain each feature.
Smart contracts are programs stored and executed on the blockchain. The automated execution of smart contracts based on predefined conditions is a significant part of the value proposition from the blockchain ecosystem in general. Today this kind of tailored services are managed by third parties in control of the users’ data — a situation that created the current internet economy or web 2.0 with large information giants.
The privacy-preserving computations built into the Partisia Blockchain add an essential dimension to smart contracts. With general privacy-preserving computation, smart contract automation enables a data driven economy with private digital agents that remain in full control of the private data involved. This is a new way forward for the internet economy with the users in control of their own data and hence their own bargaining power.
To realize this vision, the smart contracts on Partisia Blockchain are designed for general coordination of public and private computations — a unified public and private smart contract language. A very significant innovation is the private smart contracts that makes it simple for any developer to tap into zero-knowledge computation or MPC-as-a-Service. As MPC is a very advanced technology — it is an explicit goal that the expertise and knowhow of the Partisia expert team will be gradually built into the smart contract language. This will ensure the uptake of an otherwise complex technology and enable efficient execution and avoid security breaches.
We believe that general privacy-preserving computation and our private smart contract language will move the blockchain ecosystem to a new level and open up for an entire new field of use cases.
The smart contracts will enable users to take advantage of the full stack that has been designed to bring privacy to all platforms. The scalability provided by Poseidon and Iris enable efficient zero-knowledge computation and the Bring Your Own Coin (BYOC) provided by Hermes ensures economic alignment with the networks that integrate with Partisia Blockchain.
For more details, please checkout the yellow paper and software documentation.
Please let us know what you think and stay tuned for the next blog post about the market for trust, called Mithra.
Thank you to everyone in our community for your support!
Partisia Blockchain Team
There are 7 proprietary innovations that deliver Partisia Blockchain’s complete Layer 1+2 Blockchain. In this blog we present the fifth innovative feature — MPC-as-a-Service — we call it Demeter.
For an overview of all of the 7 features see the Zeus blog. We present each of the 7 innovations with a unique post leading up to TGE on May 31, 2022.
The single most important contribution of the Partisia Blockchain project is to bring general privacy-preserving computation to blockchain and most notably Secure Multiparty Computation (MPC). MPC is a revolutionary technology that allows us to protect our data, not only when they are being stored or communicated, but also while they are being processed.
Using Secure Multiparty Computation, individuals and organizations can allow their private data to be used for a certain purpose, while retaining complete control over the data. One example is a new type of “data exchange” where the data owners remain in control of their data and where only the result of privacy-preserving computation is shared or exchanged. This allows citizens to participate in continuous assessment of healthcare treatment or for competing companies to share best practice for the greater good. Another example is financial markets, where private order books can be matched continuously and only matching trades executed. These are just two examples of services already developed and tested in real life — we believe that the Partisia Blockchain dApps ecosystem will reveal the true power of MPC-as-a-Service as a core part of WEB 3.0.
To be secure and efficient, MPC requires participation of multiple parties that share the computational work to be done. This avoids having to trust any single party, but also leads to practical challenges related to coordination of the computing parties and managing the communication with the data owners.
This is why the entire Partisia Blockchain is designed for secure and efficient orchestration of MPC-as-a-Service. The team behind the project has pioneered MPC and delivered commercial grade MPC since 2008. Partisia Blockchain is probably the most ambitious MPC platform and it comes with an extensive set of tools and a new set of MPC protocols called REAL. A core feature is efficient preprocessing that utilizes all the blockchain orchestration of many nodes to the fullest extent to speed up realtime use of MPC. We call this Demeter MPC-as-a-Service and claim that we set a new standard for how to conduct any type of privacy-preserving computations within and beyond the blockchain ecosystem.
For more details, please checkout the yellow paper, software documentation and the Medium blogs.
Please let us know what you think and stay tuned for the next blog post about the unified public and private smart contracts, called Apollo.
Thank you to everyone in our community for your support!
Partisia Blockchain Team
There are 7 proprietary innovations that deliver Partisia Blockchain’s complete Layer 1+2 Blockchain. In this blog we present the fourth innovative feature — the zero-knowledge layer — we call it Athena.
For an overview of all of the 7 features see the Zeus blog. We present each of the 7 innovations with a unique post leading up to TGE on May 31, 2022.
“The lack of confidentiality and privacy on blockchains is obvious and hampers their uptake and use”. This is the first line of the white paper and the starting point of the Partisia Blockchain as the project is all about bringing privacy to blockchain.
Current mainstream blockchain technology provides full transparency about transactions and a pseudonymized representation of the users. Adding privacy in terms of “private transactions” to this mainstream blockchain model is challenging as one cannot both have private transactions and be anonymous. Another often overlooked problem is the privacy problem around the data used prior to a transaction as opposed to the transaction itself. As an example, it may require the use of private data across hundreds of potential buyers and sellers to get to a single transaction. Providing privacy to this part is what has the potential to turn the current business model in the internet economy upside down and put the user back in control of their own data.
The Partisia Blockchain is designed to bring privacy to blockchain in a regulatory compliant and flexible way. The basic design choice is to build privacy on top of a transparent mainstream blockchain model. This allows us to design a highly efficient and scalable consensus and execution laid out in the Poseidon and Iris blog. Privacy-preserving computation is added as a service on top of the basic blockchain. From an application developer’s or designer’s point of view, this allows for any arbitrary mix of transparency and privacy. The privacy-preserving computation makes it even possible to add privacy to the extent needed — and you can even have complete privacy. As an example of this, consider a dApp with its own private transactions built on the Partisia Blockchain, this way any audit request can be done with privacy-preserving computation and the transactions can remain private in a regulatory compliant way.
The privacy-preserving computation is provided and operated exclusively by accredited ZK nodes in known jurisdictions. This further enables dApps to be regulatory compliant with data protection regulation like GDPR for two main reasons:
Hereby, Partisia Blockchain enable basic GDPR requirements like the “Right to privacy” (Data is kept private in all stages: at rest, in transit and process) and “Right to be forgotten” (Data is used ad hoc and the encrypted data used in zero-knowledge computations are deleted after use).
For more details, please checkout the yellow paper and software documentation.
Please let us know what you think and stay tuned for the next blog post about MPC-As-A-Service, called Demeter.
Thank you to everyone in our community for your support!
Partisia Blockchain Team
There are 7 proprietary innovations that deliver Partisia Blockchain’s complete Layer 1+2 Blockchain. In this blog we present the third innovative feature — the token bridge — we call it, Hermes.
For an overview of all of the 7 features see the Zeus blog. We present each of the 7 innovations with a unique post leading up to TGE on May 31, 2022.
The evolution and innovation around blockchain technologies has resulted in a variety of different blockchain networks with different strengths and weaknesses. This development will likely continue and interoperability and token bridges as the most prominent instrument, has become a major value creator in the blockchain ecosystem. Designing secure token bridges is, however, a significant challenge as values are moved out of the security model backing the involved tokens.
Partisia Blockchain has designed a new type of token bridge that addresses existing weaknesses. This is an important innovation as any use of Partisia Blockchain involves external coins, hence, token bridges are part of the very backbone of the blockchain network. We believe this is a superior foundation for a more solid token bridge.
The Partisia Blockchain token bridge model utilizes a number of cryptographic tools and basic economic principles. The core basic principle is a collateralized token transfer represented 1 to 1 across two independent blockchain networks, which basically mimics a double booking system that has proven its worth since the Medici Bank in the 14th century. The challenge is to simultaneously represent and work with states from two independent blockchains as efficiently and as securely as possible. The token bridge is illustrated and briefly described below.
The illustration captures the three main components of the token bridge around the two basic operations — depositing and withdrawing values.
The first part is the double bookkeeping principle within regularly expiring epochs: The process ensures that the information is persisted on both blockchains and establishes a straightforward auditability that is easily accessible by all users and node operators. Deposit and withdrawal is managed by a small set of independently selected Oracle nodes — the small Oracle — in expiring epochs as further described below.
The second part is the collateralized bridging within the regularly expiring epochs: The small Oracle consists of Oracle nodes with sufficiently available MPC tokens that function as locked collateral during an epoch. The epoch expires when the small Oracle runs out of MPC tokens as collateral. In the following epoch any holder of MPC tokens can stake to run a dispute in case of fraud.
The third part is a secure selection of small Oracles: An MPC based signature scheme operated by the large Oracle (i.e. all available baker nodes) ensures that the selection of the next small Oracle matches the security of the consensus model. The large Oracle is also responsible for delegating the job of mirroring the identity of the members of both the small and the large Oracle to the partner chain. With that in place, the double bookkeeping is securely established.
For more details, please checkout the yellow paper and software documentation.
Please let us know what you think and stay tuned for the next blog post about the zero-knowledge layer, called Athena.
Thank you to everyone in our community for your support!
Partisia Blockchain Team