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.

Stay updated:

Website • Twitter • Discord • Telegram • LinkedIn • Facebook • Instagram • GitLab • Medium • YouTube

Muwpay — the ultimate “smart wallet” experience on Web3

Muwpay — the ultimate “smart wallet” experience on Web3

Guest blog by Dhruv Malik, Sr Smart Contract Engineer and Gael Bokongo CEO and Co-founder at Muwpay.

Muwpay, founded by an educated and innovation-driven team, is on a mission to dissolve the barriers of cross-chain universes by designing a flexible, interoperable user experience. The team has been developing their pioneering protocol called MUWP (Multi Underlying Wrapped Payment), a multi-token protocol adaptable to a variety of formats such as smart wallets, smart widgets, or SDK.

We are privileged to be trusted by Partisia Blockchain, one of the key players in the blockchain space known for secure and private computation services. This partnership has led to the creation of a smart wallet specific to the Partisia community. Thanks to the technical support and global vision of the Partisia Blockchain Foundation, a secure environment has been established where users can experience cutting-edge solutions. This collaborative approach holds vast potential for the future.

We were thrilled to be interviewed by the Partisia Blockchain team to explain our journey so far on our first partnership with such a significant figure in the blockchain industry. Check it out here.

Muwpay is developing the smart wallet and cross-DEXliquidity aggregator protocol with the aim of:

  • Add tokens from multiple wallets in a few clicks.
  • Reducing the burden of relying on multiple bridges and DEX aggregators to manually do the transfers.
  • Providing best price and low slippage trades by making the on-chain orderbook resistant to front-running.
  • Ensuring that your funds do not get exploited by keeping features such as transferring limited allowance tokens, possibility to revert tokens.
  • Support for both hardware and software wallets.
  • Being able to search other wallets using ENS like naming service.

Thus, we provide full end-to-end wallet as a service for Partisia ecosystem

This will be the cross-native wallet that works as follows:

  1. Create your account on Partisia using an external hard wallet and soon from a traditional Web2 account
  2. Create smart account (on-chain smart contract wallet working similarly in terms of multi-sig)
  3. Integrate various wallets and their tokens that you want to use in order to pay other accounts
  4. Define the destination address that you want to pay the amount along with the destination token address and the constraints (maximum percentage of slippage, minimum amount out etc.)
  5. Click on transfer (aka Muwped)

And then see the benefits of paying instantaneously in stablecoins using multiple denominations and low slippage.

For us, Partisia Blockchain ecosystem’s main characteristics were critical to launching our project on this ecosystem, services such as:

  1. Bring Your Own Coin using Hermez Bridge: this allows wallets to reduce the challenge of onboarding collateral tokens from the Ethereum ecosystem. All of the tokens will be represented as 1:1 wrapped versions of the underlying asset, which can be transferred P2P between the wallets, and then redeemed into the original amount. Thus. bringing significant adoption.
  2. ZK MPC compute and possibility for segmenting public and private parameters in contracts: This has been of significant help in developing contracts that keep certain computations private (like computation of gas fees and transaction ordering in the order book), but allowing possibility to generate the proofs regarding the nature of data. This helps us to resolve the issues regarding front-running, keeping information about the users sub wallets private, etc.
  3. Dynamic scalability of producing shards: helps to significantly scale our capacity of our transactions and not being usually blocked due to the bottlenecks introduced due to the periods of intense usage, and, thus, providing more stability.
  4. Having decentralized consensus of oracles to insure safety from malicious price and providing high availability of the pricing feeds for the mainnet tokens.

MUWP offers extensive benefits for crypto holders. It streamlines the conversion of tokens, reduces operational risks through secure and private computation services, and decreases gas fees by enabling any token for payment. The shards feature also improves transaction throughput. As such, MUWP enhances the overall cryptocurrency user experience, taking it a notch higher.

Thus, we have been progressing to build the smart contract protocol layer and also the mobile wallet, and are poised to release the beta test version around July. Feel free to follow the website muwpay.com for more information.

Overall, the partnership between Muwpay and Partisia Blockchain, and the innovations they are set to introduce, demonstrates a clear vision for a more efficient, secure, and user-friendly future in the world of blockchain technology.

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MetaNames the only name service on Partisia Blockchain

 

MetaNames the only name service on Partisia Blockchain

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:

  • Privacy and decentralization: MetaNames is built on top of the Partisia blockchain, which makes it not just decentralized, but also
  • preserves users privacy when linking it to your social accounts and other user-data.
  • Human-readable: MetaNames enables users to create human-readable domain names like ‘john.mpc’ or ‘mycompany.mpc’ instead of long hexadecimal addresses.
  • Interoperability: MetaNames is designed to work with the BYOC logic, allowing users to bring any coin to Partisia using their MetaName.
  • Easy to use: MetaNames is designed to be user-friendly and does not require technical knowledge to use. Users can easily create a name and link it to a Partisia address with just a few clicks.

Moreover, MetaNames brings fresh air to the NS ecosystem by leveraging Partisia features such as privacy-preserving contracts and BYOC logic:

  • Profile features: link your Web2 and social profiles, aggregate and show data without revealing sensible information.
  • Cross-chain capabilities: send funds from any supported chain to Partisia leveraging the Hermes Bridge 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!