Thread by @CryptoGirlNova

1) In today's market it's increasingly hard to select high quality cryptocurrencies.

Most eventually fade away and as such we need to search for the best fundamentals.

A thread🧵on $MPC and why you should take a look at this cryptocurrency.

Read on 👇

@partisiampc #partisia

2) Anyone actively browsing crypto twitter nowadays will have a hard time not running into Partisia.

It's one of the most POPULAR upcoming blockchain protocol in today's market.

Is the hype actually justified?

Lets find out ⏰

3) Partisia is a Layer 1 + 2 protocol which solves the popular "blockchain trilemma"

The Trilemma is a concept introduced by the founder of Ethereum.

It says that you can’t achieve layer 1 Scalability, Security, and Decentralization all at once.

4) You can only develop two aspects by sacrificing the third one.

For example, you can create a well-decentralized solution that is highly secure but at the cost of scalability.

In today's market this "trilemma" has also been solved (or as close as possibly can).

5) Partisia is one of the few that claim it HAS.

The main idea behind Partisia is to provide a privacy-enhanced blockchain by leveraging multi-party computation.

I won't be able to FULLY explain everything in depth (limitations of Twitter and keeping the 🧵 short) BUT:

6) There are 7 main features and proprietary innovations that make Partisia stand out.

Each feature represents a certain aspect of their entire mainnet solution called "Zeus"

I will give a very BRIEF introduction of each feature to not make this 100 tweets long.

7) Poseidon - Provable Fast Track Consensus

Partisia involves all available nodes in the consensus through an innovative provable fast track consensus model.

They claim the Poseidon Consensus Model is the fastest consensus model without any security compromises.

8) Iris - Complete Sharding

Partisia comes with sharding built into layer 1.

The governance shard keeps track of all shards and allocates blocks to the different independent block.

They claim Iris Sharding is the most scalable blockchain without the security compromises.

9) Hermes - Collateralized Token Bridging

Cross-chain interoperability is native to Partisia with "Bring Your Own Coin" and token bridges.

This brings external liquid tokens as payment to Partisia, which economically aligns Partisia Blockchain with partner chains.

10) Athena - Zero-Knowledge Layer

Partisia has the ability to run any privacy-preserving computation in combination with computation on public information.

This enables any mix of public and private applications to be developed on Partisia and allows any Dapp to be compliant.

11) Demeter - MPC-as-a- Service

Partisia is designed for secure and efficient orchestration of MPC-as-a-Service.

A core feature is efficient preprocessing that utilizes all the blockchain orchestration of many ZK nodes to the fullest extent to speed up realtime use of MPC.

12) Apollo - Unified Public and Private Smart Contracts

The private smart contracts makes it simple for any developer to tap into MPC-as-a-Service without prior knowledge nor cryptographic experts involved.

Simply setup highly advanced privacy-preserving computation.

13) Mithra - Market For Trust

Partisia will gradually evolve into a market for trust.

A market that rewards nodes that efficiently validate and propagate information and run MPC-as-a-Service and Token Bridges trusted by the users.

14) To summarize:

- Poseidon | Provable Fast Track Consensus
- Iris | Complete Sharding
- Hermes | Collateralized Token Bridging
- Athena | Zero-Knowledge Layer
- Demeter | Zero-Knowledge MPC
- Apollo | Unified Public and Private Smart Contracts
- Mithra | Market for Trust

15) If you want a FULL in depth explanation (especially for the tech - savvy investors) check out the link below 👇

medium.com/partisia-block…

16) Scalability

Partisia is in theory infinitely scalable.

Each shard added to the network increases transaction throughput by about 1,000 transactions per second.

At the launch of the network, we will start with 3 shards, or about 3,000 transactions per second.

17) This amount should be plenty sufficient at the early stages.

They will likely be running 30 shards within the first couple of years of the network, which would allow for 30,000 transactions per second.

But again in theory this could be ramped up to infinity.

18) The MPC token is used to stake and operate three types of nodes.

- Baker nodes

- Zero knowledge nodes

- Bring your own coin

19) The token is NOT trading on the market yet but will be in the future.

In the image below you can find all the token allocation details AND vesting times.

As you can see most tokens are gradually released on a 4 year time table.

20) The team behind Partisia consists of PhD’s in both economics and cryptography and an inventor of multiple blockchain patents.

The have been an enterprise success since 2008 selling commercial grade MPC and advanced cryptography solutions

21) In 2017 they decided to come together as a team and deliver their technology as an open source, public protocol blockchain.

They formed the Partisia Blockchain Foundation in Zug, Switzerland.

22) What's next?

Instead of making a 5+ tweet list I've dropped the updates from the roadmap in the below 3 images.

👇👇👇

23) My takeaways:

Partisia is an ambitious project that’s looking to change the way we look at privacy on blockchain platforms.

The team behind Partisia Blockchain seems well-positioned to deliver on their goals.

24) The "Bring Your Own Coin" model implemented by Partisia Blockchain will also make it more accessible to anyone, not just holders of the platform’s native MPC token.

All of this combined definitely make this a strong contender in today's market.

partisiablockchain.com

25) If you want to keep up to date to most of my content and interesting projects give me a follow @CryptoGirlNova.

I also research the communities top voted cryptocurrency every sunday so you can keep track of all the most exciting projects.

Your favorite writer Nova ❤️

26) If you had value from this and liked this thread, it would really bring a smile to my face if you could retweet the first post so this can help as many people as possible.

Everyone deserves free knowledge 📘

Love you all ❤️

First post 👇

https://twitter.com/CryptoGirlNova/status/1565077943239467010?t=4poEt4dQEhh95OLKnnqatw&s=19