Partisia Blockchain, a premier provider of privacy-preserving, interoperable, and sustainable blockchain solutions, is thrilled to announce the imminent public listing of its $MPC token on several esteemed exchanges. This upcoming milestone, scheduled for 19 March 2024, represents a significant leap forward for the Partisia Blockchain ecosystem, underscoring the burgeoning recognition and demand for the MPC token within the broader blockchain industry.
Named in homage to the groundbreaking multiparty computation (MPC) technology pioneered by Professor Ivan Damgård, a co-founder of Partisia, in 1988, the MPC token epitomizes a distinctive and pioneering approach to blockchain technology. This cutting-edge technology ensures robust data encryption at all stages, bolstering the security of underlying information and granting users enhanced control over their data. Diverging from conventional digital assets, the MPC token serves diverse functions within the ecosystem, acting as essential collateral and driving active participation in network operations.
At its core, the MPC token serves as the cornerstone of Partisia Blockchain’s security infrastructure. It is staked to all nodes within the network, safeguarding the integrity and resilience of the entire ecosystem. Its innovative collateralization model sets a new benchmark for blockchain security, fostering trust and dependability in every transaction conducted on the Partisia Blockchain.
Brian Gallagher, Co-Founder and Member of the Foundation Council, emphasizes the significance of this milestone:
“The listing of the MPC token on multiple exchanges is a pivotal moment in our relentless pursuit to redefine the blockchain landscape. We are thrilled to enhance the accessibility of the MPC token to a wider audience of contributors, developers, and enthusiasts, unlocking fresh avenues for growth and innovation within the Partisia Blockchain ecosystem.”
For users actively engaged in network operations, the MPC token presents a dual-purpose mechanism for participation and rewards. Node operators not only receive transaction fees in Bring Your Own Coin (BYOC) tokens such as ETH, USDC, USDT, BNB, and MATIC but also earn MPC ecosystem rewards, incentivizing sustained contributions to the network’s robustness and security.
Furthermore, Partisia Blockchain introduces an innovative staking mechanism that empowers participants to stake their MPC tokens in other nodes. This process augments network security by introducing additional layers of insurance and collateral while democratizing the benefits of network participation, ensuring inclusivity and equity among all ecosystem participants.
The listing of the MPC token on prestigious exchanges underscores Partisia Blockchain’s unwavering dedication to fostering a vibrant and dynamic ecosystem of decentralized innovation. As the demand for secure and scalable blockchain solutions continues to surge, the MPC token is poised to spearhead the drive towards a more resilient and inclusive future for blockchain technology.
The listing is slated for 19 March 2024, with exchanges including KuCoin, BitFinex, BitMart, and MEXC as well as others will announce the exact timing of the MPC token listing on their respective platforms.
About Partisia Blockchain
Partisia Blockchain empowers privacy-preserving, interoperable, and sustainable innovation for fairness and transparency. Leveraging 35 years of rigorous research, Partisia Blockchain future-proofs solutions, addressing tomorrow’s challenges by facilitating fair, secure distribution of benefits while preserving privacy and confidentiality. It fosters accountable, transparent, and decentralized governance.
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