Partisia Blockchain AMA

Born in 2008, Partisia is the world's pioneer in MPC technology, facilitating the first ever commercial use of MPC in a Danish Sugar Auction. Since then, Partisia has provided data privacy solutions with it's MPC technology to global leaders such as Bosch, SBI Japan, Tora. In 2017, Partisia Decided to merge MPC technology with blockchain technology to bring better use of MPC to the world. During 2017-2020, Partisia began architecting Partisia Blockchain to solve for scalability, interoperability, and bring MPC to smart contracts, as open source technology that the developer communities could leverage for the first time in history, removing the barrier to entry for this world changing, state of the art technology. In 2020, FINMA of Switzerland approved the Partisia Blockchain Foundation as the home entity for the open sourcing of decades of R&D work to become the launch of Partisia Blockchain. Since then, Partisia Blockchain has raised $48MM from top tier blockchain funds such as Emurgo Ventures, Ausvic Capital, P2P.org, and more.

Q2-Q4, 2022, "ZEUS" Mainnet version 3.0

-Sharding with robust cross shard event propagation
-Activity based revenue sharing of basic blockchain service version 1.0
-Zk Node signup and allocation
-Wallet Version 2.0
-Block Explorer version 2.0

Privacy and Smart Contract Language
-Unified Public and Private smart contract version 1.0
-REAL (binary) MPC Available
-Dynamic REAL preprocessing
-Confidential node address lookup and authenticated channel
-Signed ZK output designed for cross-chain ZK computation

Interoperability and Bridges
-Generic BYOC EVM
-Price oracle for EVM version 1.0
-Price oracle for ETH version 1.0
-Price oracle for MPC tokens version 1.0
-Second price auction as second layer on EVM (PoC)
-Dynamic repricing oracle for MPC token staking requirements


Besides the infrastructure, we are highly involved in helping to integrate the major use cases coming to Partisia Blockchain.

We will be announcing exchange listings in the next few months!

We have announced our partnership with KuCoin Labs here: https://medium.com/partisia-blockchain/welcome-kucoin-labs-to-partisia-blockchain-d9bf6c1209b3

MPC is Multiparty Computation. Partisia is the first to bring MPC to public blockchain; We were the pioneers in delivering the first commercial use cases of MPC. What this means, is that for the first time, multiple parties can compute on encrypted data. This is a major innovation on the typical zero-knowledge proofs in the industry, which are limited to two parties.

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. 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.

Yes! Our ZEUS blog is Partisia Blockchain’s Complete Layer 1+2 Solution Explained. There are 7 main features and proprietary innovations that deliver Partisia Blockchain’s complete Layer 1+2 Blockchain.

https://medium.com/partisia-blockchain/zeus-partisia-blockchains-complete-layer-1-2-solution-explained-865b7eeff5e4

We also have a TECH talk series on our Youtube Channel that will help to familiarize you with our project and technology. Watch it here - https://www.youtube.com/watch?v=JH7s9vlJiZk&list=PLwHM8V7p9SQqqdeJubS4J0WIldS6RZ5yd

We have partnered with Polygon, the leading decentralized Ethereum scalability solution provider.

The Partisia network will grant Polygon developers a new platform for privacy-first computations and unlock a new type of smart contract for Polygon’s Internet of Blockchains.

Partisia Blockchain adds another platform to Polygon’s vast ecosystem, focusing on data privacy and confidentiality and enabling decentralized multi-party zero-knowledge computations. While not unheard of in the blockchain space, most of the zero-knowledge platforms in the industry only allow two parties to compute a function while keeping their inputs private — a limitation Partisia scarps thanks to its multi-party computation capabilities. The technology enables a plethora of possible use cases, such as, for example, an NFT auction where the system only reveals the winning bid.

Read more here - https://partisiampc.medium.com/partisia-blockchain-partners-with-polygon-to-bring-mpc-capabilities-to-the-internet-of-blockchains-871d6688522d

Partisia Blockchain is a layer 1 blockchain that was architected and designed to solve for scalability, insecure interoperability, and to bring true privacy to blockchain. We achieve solving the scalability by having sharding at the protocol and smart contract level. We create the world's most secure interoperability by utilizing Partisia's vast historical software libraries of MPC technology, particularly in the field of threshold key management, to create an open source version of fireblocks, where instead of a few private parties managing secret keys, an open network of hundreds of node operators are the entities facilitating the cross chain value transfer and managing secret keys. We also use the MPC token as refund collateral inside the bridge in case a bridge were to get hacked, there is an automatic refund mechanism built into the network. This design and implementation creates more secure, transparent, and asset backed bridging.

Finally, we bring multiparty computation, zero knowledge smart contracts to market which allow for enterprise adoption of blockchains where massive networks of private data can be computed on in private environments, and the transparency of blockchain can be leveraged without violating and private data requirements. These smart contracts are also available as a second layer privacy service for other blockchains, which creates a built in network effect for the developer communities to leverage our Zero Knowledge, MPC technology without any switching cost. Our partnership with Emurgo, the co-founding group of Cardano, to bridge privacy to Cardano mainnet, demonstrates our built in network effect and strategy to grow our technology usage amongst all the other large developer / blockchain networks.

The Partisia Team has been involved in the research and development of advanced cryptography solutions since 2008. Founded by the co-inventors of MPC and founders of the MPC Alliance, Partisia is architected and built to create and preserve a free and open internet controlled by the users.

We achieve solving the scalability by having sharding at the protocol and smart contract level. We create the world's most secure interoperability by utilizing Partisia's vast historical software libraries of MPC technology, particularly in the field of threshold key management, to create an open source version of fireblocks, where instead of a few private parties managing secret keys, an open network of hundreds of node operators are the entities facilitating the cross chain value transfer and managing secret keys.

We built this blockchain to disrupt layer 1 by bringing privacy, scalability, and interoperability. We help blockchain users and developers who care about the future of the free internet to experience blockchain technology, unlike legacy protocols our solutions are revolutionary, built for scale and privacy to unlock the full potential of Web 3.