Partisia Blockchain Price
(MPC)
Partisia Blockchain Live Price Data
The live price of Partisia Blockchain is $0.0874, with a total trading volume of $ 15,620 in the last 24 hours. The price of Partisia Blockchain changed by -2.23% in the past day, and its USD value has decreased by -8.08% over the last week. With a circulating supply of 252,464,463 MPC, the market cap of Partisia Blockchain is currently 22.12M USD, marking a --% increase today. Partisia Blockchain currently ranks #-- in market cap.
How do you feel about Partisia Blockchain today?
Note: This data is for reference only.Partisia Blockchain(MPC) Profile
Website
Documentation
Explorer
Contract
- Ethereum 0x36a0e4...56e
Audited By
- --
Code & Community
Investors
- --
- ATH
- $0.6926
- Price Change (1h)
- +0.11%
- Price Change (24h)
- -2.23%
- Price Change (7d)
- -8.08%
- Market Cap
- $22.12M
- 24h Volume
- $15,620
- Circulating Supply
- 252,464,463
- Max Supply
- 1B
About MPC
How can I buy Partisia Blockchain (MPC)?
Buying MPC on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Partisia Blockchain (MPC) for more information. What Is Partisia Blockchain (MPC) Crypto?
Partisia Blockchain is a project that integrates blockchain technology with Multi-Party Computation (MPC), aiming to offer a new level of privacy and efficiency in blockchain transactions and data exchange. MPC is a cryptographic technique that allows multiple parties to jointly compute a function over their inputs while keeping those inputs private. This integration is designed to solve some of the inherent challenges in blockchain technology, such as privacy concerns and the trade-off between transparency and confidentiality.
The main features and goals of Partisia Blockchain include:
1. Enhanced Privacy: By leveraging MPC, Partisia Blockchain can perform transactions and computations in a way that sensitive data remains encrypted and private, even while being processed. This is crucial for applications requiring data confidentiality, such as financial transactions, health records, and personal data exchanges.
2. Interoperability: Partisia Blockchain aims to provide a bridge between different blockchains, enabling the secure and private exchange of data and assets across various blockchain ecosystems. This interoperability facilitates new kinds of decentralized applications (dApps) that can operate across multiple blockchains without compromising privacy or security.
3. Scalability and Efficiency: Integrating MPC with blockchain can also address some scalability issues by enabling more efficient processing of complex computations off-chain while still ensuring the integrity and security of these computations through the blockchain.
4. Decentralization and Security: Despite its focus on privacy and efficiency, Partisia Blockchain does not compromise on the decentralized and secure nature of blockchain technology. It aims to provide a robust platform resistant to censorship and tampering, ensuring that data and transactions are secure and verifiable.
5. Use Cases: The unique combination of MPC with blockchain technology opens up a wide range of applications, from secure voting systems and confidential supply chain tracking to private financial services and secure identity management.
How Does Partisia Blockchain Work?
The Partisia Blockchain integrates Multi-Party Computation (MPC) with blockchain technology to create a platform for secure, private, and efficient transactions and computations. The key to understanding how Partisia Blockchain operates is to grasp the fundamentals of both MPC and blockchain technology and how they complement each other in this innovative system.
Multi-Party Computation (MPC)
MPC is a subfield of cryptography that allows multiple parties to jointly compute a function over their inputs while keeping those inputs private. In other words, it enables a group of participants to collaborate on a computation without revealing their individual data to each other or a third party. This is achieved through cryptographic protocols that ensure the computation's integrity and confidentiality.
Blockchain Technology
Blockchain technology provides a decentralized ledger that records transactions across a network of computers. It ensures the integrity and transparency of data without the need for a trusted central authority. Blockchain employs various cryptographic techniques to secure transactions and control the creation of new units of a particular cryptocurrency.
Integration of MPC with Blockchain
Partisia Blockchain combines MPC with blockchain technology in the following way:
1. Private Data Input: Users of the Partisia Blockchain can input their data securely, knowing that it will remain encrypted and private throughout the process. The data is then divided into encrypted shares distributed among the participating computation nodes.
2. Distributed Computation: The nodes in the network perform the agreed-upon computation on their shares of the encrypted data. This computation is done so that no single node has access to the entirety of the data, preserving privacy.
3. Aggregation and Result: The results are aggregated once the nodes complete the computation. This final result can be decrypted to reveal the outcome of the computation but without exposing any of the private input data. The integrity and correctness of the computation can be verified through cryptographic proofs.
4. Blockchain Integration: The result of the MPC is recorded on the blockchain, providing a tamper-proof and transparent ledger of the computation. This ensures that the outcome is verifiable and permanent while the details of the input data remain confidential.
5. Smart Contracts and Applications: Partisia Blockchain enables the development of privacy-preserving smart contracts and applications. These applications can use MPC for private computations, with the results being utilized or stored on the blockchain according to the application's needs.
This integration allows Partisia Blockchain to offer a unique combination of privacy, security, and efficiency. It opens up possibilities for applications requiring confidential data processing, such as in finance, healthcare, and supply chain management. By solving the privacy challenges of traditional blockchain and leveraging the strengths of MPC, Partisia Blockchain aims to provide a versatile and secure platform for a wide range of decentralized applications.
History of Partisia Blockchain and MPC Coin
Partisia Blockchain was launched in the public domain in late 2020. The project itself, however, is built upon years of foundational work in the field of Multi-Party Computation (MPC) technology, which has been in development since the early 2000s.
The founders of Partisia Blockchain are notable figures from the worlds of blockchain technology, cryptography, and business. Among them are:
1. Kurt Nielsen - Co-founder of Partisia and a key figure in the integration of MPC technology with blockchain. Kurt Nielsen brings a strong background in economics and a deep understanding of the potential applications of MPC in creating a more private and efficient blockchain ecosystem.
2. Ivan Damgård - A renowned cryptographer, Ivan Damgård is one of the pioneers in the field of cryptography, with significant contributions to the development of cryptographic protocols, including those that underpin MPC technology. His work has been foundational to the cryptographic aspects of Partisia Blockchain.
3. Jesper Buus Nielsen - A professor of computer science with a focus on cryptography and security, Jesper Buus Nielsen has contributed extensively to the field of MPC and its application in secure and private computing solutions.
The team behind Partisia Blockchain comprises experts and pioneers in cryptography, blockchain technology, and business, bringing together a wealth of knowledge and experience to create a platform that addresses some of the core challenges in blockchain technology, such as privacy and interoperability.
Partisia Blockchain is a project of the Partisia Blockchain Foundation, which aims to further the development and adoption of the Partisia Blockchain technology and its applications in various industries, including finance, healthcare, and supply chain management. The foundation oversees the development of the Partisia Blockchain ecosystem, supporting research, development, and implementation of MPC technology in real-world applications.
What Is MPC Token Used for?
The Partisia Blockchain (MPC) token, known as the MPC token, plays a crucial role in the Partisia Blockchain ecosystem, serving various functions primarily centered around staking, network security, and incentivization. Here's an overview of its uses:
1. Staking for Network Participation: MPC tokens can be staked as collateral by nodes to perform different blockchain jobs, such as validating transactions or executing smart contracts. This staking mechanism is essential for maintaining the security and integrity of the network. Token holders can stake their MPC tokens to run their own blockchain node or delegate their MPC tokens to another account, using the tokens as stake to run a blockchain node.
2. Zero-Knowledge Computation and Privacy: Partisia Blockchain introduces a zero-knowledge layer to address the lack of confidentiality and privacy in traditional blockchains, allowing for privacy-preserving computations. This functionality is operated by accredited ZK nodes, ensuring regulatory compliance and the protection of personally identifiable information (PII) in a manner that aligns with data protection regulations like GDPR.
3. Incentives for Node Operators: Part of the ecosystem includes a trust-based marketplace that incentivizes nodes for efficiently validating information, executing transactions, and operating zero-knowledge computations. This incentive structure is designed to foster a network of trusted and efficient nodes, contributing to the overall security and performance of the Partisia Blockchain.
4. Bring Your Own Coin (BYOC): The MPC token also supports the BYOC feature, allowing users to pay for Partisia Blockchain services with liquid digital assets like BTC and ETH. This feature facilitates the use of the blockchain without directly spending MPC tokens, which can enhance accessibility and utility within the ecosystem.
5. Multiparty Computation (MPC) for Privacy: The MPC technology, a cornerstone of Partisia Blockchain, allows for secure computations on private data, enabling a wide range of privacy-preserving applications. This feature supports new types of data exchanges, where data owners can maintain control of their data while sharing the results of computations.
6. Ecosystem and Infrastructure Development: A portion of MPC tokens is allocated to an ecosystem fund to support the development and growth of the Partisia Blockchain infrastructure and its applications.
7. Trade MPC Token on KuCoin: Trade Partisia Blockchain crypto on the KuCoin Spot Market against other cryptocurrencies to make the most of changing market conditions and volatility. Buy or sell $MPC or HODL if you believe in the future potential of Partisia Blockchain based on your research (DYOR) and investment goals.
Partisia Blockchain (MPC) Price Movements ($)
Period | Change | Change (%) |
---|---|---|
Today | $-0.0022 | -2.46% |
7 Days | $-0.0079 | -8.30% |
30 Days | $-0.0056 | -6.03% |
3 Months | $-0.0133 | -13.22% |
24H Investment Barometer
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Partisia Blockchain Conversion Rate
FAQ
How much is 1 Partisia Blockchain (MPC) worth?
KuCoin provides real-time USD price updates for Partisia Blockchain (MPC). Partisia Blockchain price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time MPC to USD exchange rates. Is Partisia Blockchain (MPC) a Good Investment?
Investing in Partisia Blockchain (MPC) could offer several advantages rooted in its innovative approach to privacy, scalability, and interoperability within the blockchain domain:
1. Privacy and Security: Partisia Blockchain addresses the critical issue of confidentiality and privacy in blockchain technology by integrating Zero-Knowledge (ZK) computations and Multi-Party Computation (MPC). This allows for data computation while maintaining complete privacy, ensuring that personal and sensitive information is protected in all states - at rest, in transit, and during processing. The platform's design enables regulatory compliance with stringent data protection regulations like GDPR, making it a secure choice for handling private transactions and data.
2. Scalability: Sharding is built into the core of Partisia Blockchain, significantly enhancing its scalability. This design distributes the computational and storage workload across the network, allowing for high-speed transaction processing without compromising security. The implementation of sharding, combined with Partisia's unique consensus mechanism, addresses the blockchain trilemma by ensuring scalability, security, and decentralization.
3. Interoperability and Flexibility: Partisia Blockchain promotes interoperability through its collateralized token bridging, allowing seamless interactions between different blockchain networks. This feature facilitates the transfer and use of various cryptocurrencies within the Partisia ecosystem, enhancing its flexibility and appeal to a broader user base. The platform's approach to Bring Your Own Coin (BYOC) makes it more accessible and user-friendly.
4. Innovation and Development Support: The platform strongly focuses on fostering innovation through its grants program, hackathons, and support for developers. This not only contributes to the growth of the Partisia ecosystem but also encourages the development of applications that prioritize privacy, security, and ethical data practices. Such initiatives demonstrate Partisia Blockchain's commitment to building a more secure and privacy-focused Web3.
5. Strong Backing and Strategic Partnerships: Partisia Blockchain has successfully raised significant funding and established partnerships with key players in the industry. This financial backing and collaborative effort support the platform's development and expansion, indicating a strong foundation and promising growth potential.
6. Versatile Use Cases: The platform's technology supports a wide range of applications, from healthcare and finance to advertising and decentralized finance (DeFi), demonstrating its versatility and the broad scope of potential investment opportunities.
What Is Partisia Blockchain Price Prediction?
While the inherent volatility of the crypto market makes it challenging to provide a reliable MPC crypto price prediction, monitoring the following factors could help you understand the price movements in the Partisia Blockchain token:
1. Technological Innovations and Advancements: Partisia Blockchain's unique integration of Multi-Party Computation (MPC) with blockchain technology offers a level of privacy and security not commonly found in other blockchain projects. The platform's ability to perform computations on private data without revealing it and its support for various Zero-Knowledge (ZK) computation protocols to suit different applications highlight its technological edge. Continuous advancements and innovations in these areas can attract more users and developers to the platform, potentially boosting the demand for MPC tokens.
2. Regulatory Compliance and Adoption: Partisia Blockchain's focus on compliance, especially with know your customer (KYC) and anti-money laundering (AML) regulations, makes it an attractive platform for applications requiring regulatory adherence. This aspect, combined with the blockchain's ability to support privacy-sensitive applications such as DeFi apps that comply with regulations, could influence the token's demand and support the Partisia Blockchain price as more organizations seek compliant blockchain solutions.
3. Strategic Partnerships and Ecosystem Development: The project has established strategic partnerships and attracted investments from key industry players. These partnerships and a committed $36 million in investments support the platform's growth and development. The launch of new applications and services, enabled by these partnerships and investments, could enhance the ecosystem's value, thereby impacting the MPC token price.
4. Market Listing and Accessibility of MPC Tokens: The listing of the MPC token on multiple exchanges significantly enhances its accessibility to a broader audience of investors and users. This increased availability can lead to higher liquidity and trading volume, potentially influencing the token's price dynamics. The announcement of such listings usually garners attention and may lead to increased demand for the token, supporting the MPC to USD price.
5. Ecosystem Incentives and Rewards: The MPC token serves as an incentive mechanism for node operators and participants in the Partisia Blockchain network. The innovative staking mechanism and rewards for network participation not only secure the network but also offer value to token holders. Such incentives can encourage more users to hold and stake MPC tokens, impacting the supply-demand dynamics and possibly the $MPC price.
6. General Market Sentiment: Like all cryptocurrencies, the MPC crypto price is also influenced by the broader market sentiment, which can be affected by global economic conditions, regulatory news, and changes in investor appetite for risk. Positive developments within the Partisia Blockchain project or the wider blockchain and crypto markets can enhance sentiment, while adverse news can have the opposite effect.
How to Earn MPC on Partisia Blockchain
Earning MPC on the Partisia Blockchain can be achieved through various methods, focusing primarily on participation in network operations, such as running nodes and contributing to the ecosystem's growth and security. Here's a breakdown of the ways to earn MPC:
1. Becoming a Node Operator: By running different types of nodes (e.g., baker nodes, ZK computation nodes, price oracle nodes) on the Partisia Blockchain, operators can earn rewards. The process involves staking MPC tokens as collateral to perform network services, which can yield transaction fees in various digital assets and additional MPC ecosystem rewards. The specific amount of MPC tokens required for staking varies depending on the type of node service being provided.
2. Participation in the Ecosystem Development: Developers can earn MPC by building applications that leverage Partisia Blockchain's unique features, such as its privacy-preserving capabilities and interoperability. The platform encourages development through resources, grants programs, and support for creating apps that enhance user privacy and data ownership.
3. Validator Rewards: Validators play a crucial role in securing the network and performing advanced computations. By becoming a validator and staking MPC tokens, participants can earn rewards in liquid digital assets like Bitcoin and Ethereum and benefit from the network's Bring-Your-Own-Coin (BYOC) model.
The earning potential is tied to the innovative features of Partisia Blockchain, such as its use of Multiparty Computation (MPC) for privacy, its high scalability through sharding, and its interoperability with other blockchains.
What is the all-time high price of Partisia Blockchain (MPC)?
The all-time high price of Partisia Blockchain (MPC) is $0.6931. The current price of MPC is down 87.38% from its all-time high.
What is the all-time low price of Partisia Blockchain (MPC)?
The all-time low price of Partisia Blockchain (MPC) is $0.0860. The current price of MPC is up 1.66% from its all-time low.
How much Partisia Blockchain (MPC) is there in circulation?
As of 12 22, 2024, there is currently 252,464,463 MPC in circulation. MPC has a maximum supply of 1B.
What is the market cap of Partisia Blockchain (MPC)?
The current market cap of MPC is $22.12M. It is calculated by multiplying the current supply of MPC by its real-time market price of $22.12M.
How do I store Partisia Blockchain (MPC)?
You can securely store your Partisia Blockchain in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your MPC include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Pepe (PEPE) to cash?
You can instantly exchange your Pepe (PEPE) for cash using KuCoin's Fast Trade feature. This feature enables you to convert PEPE to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.