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.
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!
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.
The development team was busy working on many new features in May. Alongside the changes needed for the token vesting change, we deployed:
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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Guest blog by Parker Duncan and Giorgio Guidett, MetaNames Co-Founders.
MetaNames is a decentralized Domain Name System (DNS) built on top of the Partisia blockchain. MetaNames enables users to create human-readable domain names that are linked to Partisia addresses, smart contracts, user socials and IPFS content.
MetaNames simplifies the process of interacting with the blockchain. Instead of using long, complex hexadecimal addresses for transactions, MetaNames allows users to use short and easily recognizable domain names, just like traditional domain names on the internet.
The key benefits of MetaNames include:
Moreover, MetaNames brings fresh air to the NS ecosystem by leveraging Partisia features such as privacy-preserving contracts and BYOC logic:
Check out our roadmap below:
MetaNames aims not just to provide a base and core chain infrastructure but to fully leverage Partisia Blockchain’s innovative technology to improve the current NS industry.
Stay tuned for more, and keep up to date with us by following our Twitter!
Most may not know, but generating random numbers is hard. It is quite surprising because many people will think, “well, I can just come up with a random number off the top of my head!” However, randomly coming up with a number in your head, as well as other solutions to generate random numbers has fundamental flaws. And this is a big problem. Generating a fair unbiased random number is critical. In fact, random number generators are used everywhere.
The first place many would think of random numbers being useful is in games of chance. But would you be surprised if you knew that reading this article required the use of a random number generator? The website hosting this article is protected by a cryptographic key, which relies on generating a random set of values to be used for the encryption key.
Generating numbers at random is difficult. At a high level, there are two main issues with generating random numbers: predictability and bias/corruption issues.
The predictability issue for RNG can be seen in both human- and machine-generated random numbers. For example, there is a famous problem called Benford’s Law that states any random number that someone thinks about has a 30% chance of starting with the number 1. When you want to have a chance of a number being generated to be equal in percentage, then this becomes a problem. If you use a computer program to generate random numbers, you are using a structured code. This means, after multiple iterations, someone can reverse engineer the numbers to find the pattern and predict what the next number could be, especially if the code being used is weak.
From a bias and corruption perspective, the current systems can also be gamed to give favor to someone. For instance, if a set group of people decide they will choose random numbers and run through some function to compute a random number, one person may withhold showing their number until they see what the other people have chosen. Then, once he knows the numbers of the other participants, he can choose a number that would compute the random number to his favor. From a machine generated random numbers, since most systems have a central system that is generating the numbers, anyone who has control of that system could also manipulate the numbers being generated to their favor.
So how can we create a system where it is both unpredictable and bias free? Through MPC and Partisia Blockchain, we can solve both problems. Through smart contracts, players in the system generate a random number. This random number is then privatized and sent into the PBC blockchain. A zero-knowledge computation is done, in a similar way as done through secret sharing and through a computation, a random number is revealed.
Through combining multiple players and secret sharing, developers can create a system to come up with a random number that is free from bias, incorruptible and impossible to predict. And Partisia Blockchain’s smart contract language will afford developers to customize this solution to their specific requirements.
By creating a programming language that allows for developers to use MPC in a generic way, Partisia Blockchain Foundation has made the creation of applications that can harness the power of MPC for different use cases a possibility. Partisia has been at the forefront of providing private MPC solutions since 2008. And by layering this technology on top of an interoperable and scalable blockchain, Partisia Blockchain is now paving the way for anyone to create solutions that can balance privacy and transparency to build trust.
To learn more about different use cases or partner with us for solutions, please visit partisiablockchain.com, check out our Medium articles, development documentations or email us at build@partisiablockchain.com.