Partisia is a Layer 1 community claiming to unravel the Blockchain Trilemma with ZK privateness, sharding for scalability, and an MPC collateralized bridge. The community presents native layer-1 and layer-2 options, not like different blockchains; there isn’t a want for an exterior third-party venture to enhance safety and scalability.
The Blockchain Trilemma
The trilemma is a phenomenon coined by Ethereum founder Vitalik Buterin. The problem arises from blockchain’s incapacity to supply scalability, decentralization, and safety. Buterin claims that present cryptocurrencies ship, at most, two of those three necessities to a passable commonplace for mass adoption.
We spoke to Vinson Leow, Chief Ecosystem Officer of Partisia, to debate the trilemma and the way it impacts the potential adoption of blockchain know-how. Leow explains Partisia’s strategy to the trilemma and the way it handles every department,
- Scalability: Prolonged dynamic scalability with sharding
- Privateness: First built-in language for writing orchestrated ZK computations
- Interoperability: BYOC prolonged towards a generic framework
Fixing the trilemma
It’s essential to clarify that Partisia considers the trilemma to be scalability, privateness, and interoperability. Compared, Buterin outlined it as safety, scalability, and decentralization. Decentralization and scalability usually come from interoperability whereas privateness and safety may be seen as interchangeable in some situations. Nevertheless, it’s important to notice {that a} chain that solves the problem of privateness should undergo from issues with safety by way of community security. Subsequently. On the similar time, Partisia’s definition could also be barely faraway from Buterin; it’s arduous to argue that it’s far sufficient eliminated to be an invalid response to the trilemma debate.
Leow expanded on Partisia’s strategy, saying, “current layer 1s inherently fail within the privateness space, so we’ve by no means seen any be adopted en masse as a everlasting resolution.” The Partisia blockchain makes use of “decentralized multi-party zero-knowledge computations (MPC)” to fight the trilemma.
Polygon backs trilemma resolution
The brand new blockchain has just lately introduced a partnership with an current Ethereum layer-2 resolution, Polygon. Antoni Martin, Polygon Enterprise Lead, said that Polygon’s collaboration with Partisia, “opens up numerous new and thrilling potentialities for all Polygon builders, offering them with further instruments to fine-tune the privateness and safety of their tasks.” The transcript of the interview follows:
Interview with Partisia
Akiba: MPC runs its personal layer-1 blockchain; how does bridging to a different layer-2 community akin to Polygon deliver MPC’s options to Polygon?
Leow: MPC is its personal layer 1 and a pair of blockchains with mainnet launching on thirty first Might. It’s the world’s first L1+2, so on our L2, any L1 akin to Matic can transact on the L2 non-public sensible contract, and the result’s registered again on the L1 (on this case, Matic). Matic shall be used as fuel for the computation, the Matic asset may also be used on the MPC chain, however that’s not its core function.
Akiba: Can customers work together with the MATIC chain from MPC with out bridging?
Leow: The MPC tokens would must be wrapped in MATIC, so no.
Akiba: Are you able to give an ELI5 rationalization of “multi-party zero-knowledge computations.”
Leow: With the present zkrollup privateness know-how, solely two individuals can work together at a time, which implies the result is proscribed. If Bob and Jane are in a room, we are able to discover out who has extra money, but when there are ten individuals within the room, how can we all know how a lot everybody has, from poorest to richest? That is unattainable with zkrollup. With zk computation, everybody can share their particulars privately, and we are able to rank the cash of all ten individuals with out disclosing who has which funds or risking their funds being misplaced.
Akiba: Can we count on different chains to be supported sooner or later? In that case, may Ethereum, Bitcoin, or different high 10 layer 1s be on the horizon?
Sure, Ethereum compatibility shall be prepared in June. Bitcoin may also be transacted, however the timeline is TBC. Cardano assist shall be prepared by Nov. Most EVM suitable chains are comparable, so as soon as we have now assist for ETH and MATIC, different EVMs shall be supported.
Akiba: Is the privateness stage of present ZKproofs an issue that must be solved?
Sure, the present type of zk proof which falls underneath zk rollup, is broken- as a result of the computation is finished on a centralized off-chain resolution, it’s not authorized by regulators, and the computation knowledge usually can’t be retrieved. It is a downside when regulators need to look underneath the hood. Additionally, by working side-chain/off-chain, there’s a host of different issues proven within the blockchain trilemma.
With zk proof, the outcomes are solely binary as its two events. With zk computation (MPC privateness), there are limitless functions akin to closed orderbooks onchain, logistic firms akin to Apple would by no means use a public blockchain, however now they will run it privately on
Partisia and provides entry to distributors at completely different phases. They will shield their provide chain knowledge whereas utilizing blockchain to their benefit. Information silos are one other large use case akin to hospitals that not often share knowledge even with different hospitals in the identical nation as a result of affected person confidentiality.
Nevertheless, with our know-how, they may add their knowledge to non-public sensible contracts. The AI may are available in and analyze knowledge to establish traits with out disclosing the supply of the data or non-public keys.
Akiba: Why are you so enthusiastic about MPC, and have you ever struggled to clarify the USP of the venture given its advanced foundation?
It’s very thrilling as a result of Partisia Blockchain is the world’s first Layer 1 + 2 and the world’s first blockchain protocol that helps each private and non-private transactions 100% on-chain and decentralized. This implies for the primary time in historical past a public blockchain may be adopted by public protocols (L1, L2, and dapps), enterprises and governments.
The USP is actually a difficult factor to clarify given its complexity however our latest CMO rent who spent 9 years at Paypal and led the GTM technique for crypto, is engaged on creating an easy-to-understand narrative.
The way forward for interoperability
It’s actually a captivating idea to see a brand new blockchain emerge with the aptitude to supply interoperability with well-established chains. Additional, having an in-built layer-2 to additional cut back fuel charges and pace up transactions is a novel strategy. It seems as if Partisia has checked out all points of web3 which have obtained traction, built-in them into its personal resolution, after which made it backward suitable with the prevailing infrastructure.
The query now arises as as to if Partisia can obtain the extent of utilization required to turn out to be a real participant within the web3 area. Partnerships with organizations akin to Polygon are actually a major first step. This could possibly be a venture to look at in 2022 for traders taking a look at technological fundamentals.
