Panther Completes the Decentralized Launch of Its Protocol’s v0․5, a DAO-Led Effort – Press release Bitcoin News

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PRESS RELEASE. Panther, a cross-chain utility that may permit retail customers in addition to establishments to entry DeFi privately and compliantly, has launched its v0.5. This was achieved by the protocol’s group together with Panther Ventures Restricted, a Web3 growth firm destined to develop the blockchain know-how and zero-knowledge elements of Panther.

Panther Ventures Restricted collaborators developed the protocol’s software program and launched it underneath a BUSL License, which grants customers the correct to repeat, modify, create by-product works, redistribute, and make non-production use of the Licensed Work. The Licensed Work will ultimately be made obtainable underneath an Open-Supply License, as said on this License.

The event of Panther’s v0.5 was additionally aided by the Panther Basis, which focuses on selling privateness and fostering the Panther ecosystem. The Panther group mentioned and established the phrases for v0.5’s launch and voted upon them on the protocol’s Snapshot.org space.

Moreover issuing rewards through its staking answer, Panther’s v0.5 will permit Panther’s group of contributors to check the technological primitives that might be utilized by the Mainnet launch of the total protocol to allow confidential DeFi. This permits Panther to start out testing and using key technical elements of the principle protocol incrementally.

Panther’s upcoming model 1.0 will permit retail customers in addition to establishments to work together with DeFi with out present process the chance of getting their transaction historical past being uncovered or copied by leveraging zero-knowledge proofs. It’s going to additionally maintain the power to adjust to regulatory necessities.

As such, Panther’s v1 might be a significant milestone that may supply an answer to the largest problem dealing with DeFi: onboarding establishments, legacy gamers, and FinTechs into the Web3 monetary paradigm compliantly and confidentially.

To entry Panther’s v0.5 and study extra concerning the technical elements of Panther, visit the project’s website and documentation. You may also see a full product overview in Panther’s blog.

Press contact: press@pantherprotocol.io

About Panther

Panther is a decentralized protocol that allows interoperable privateness in DeFi utilizing zero-knowledge proofs.

Customers can mint fully-collateralized, composable tokens referred to as zAssets, which can be utilized to execute personal, trusted DeFi transactions throughout a number of blockchains.

Panther helps buyers shield their private monetary knowledge and buying and selling methods, and offers monetary establishments with a transparent path to compliantly take part in DeFi.

Website · One-pager · Lite Paper · Twitter · Telegram · Discord

About Panther Ventures Restricted

Panther Ventures Restricted (PVL) is a non-profit group devoted to creating Panther Protocol knowledgeable by its group.

In regards to the Panther Basis

The Panther Basis helps Panther’s objective to advertise privateness, fostering Panther’s ecosystem and growth.

 


This can be a press launch. Readers ought to do their very own due diligence earlier than taking any actions associated to the promoted firm or any of its associates or providers. Bitcoin.com isn’t accountable, instantly or not directly, for any harm or loss brought on or alleged to be brought on by or in reference to the usage of or reliance on any content material, items or providers talked about within the press launch.

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