Panther Protocol, which is building DeFi and Web3 privacy solutions, has closed the public sale, raising more than $22 million, the decentralized finance (DeFi) company announced on Thursday.
“This raise as part of our public sale demonstrates huge demand for an interoperable, compliance compatible privacy protocol,” the Panther Protocol Co-Founder and CEO, Oliver Gale said in a statement.
With the latest fundraise, Panther has raised $32 million in total. Additionally, the company highlighted that the public sale was successfully closed within 90 minutes and is optimistic that this will lead to a wider community engagement and participation.
Gale added: “We are grateful for this overwhelming interest in our project and are confident that this signals the importance of Panther's mission, enhancing freedom and privacy for DeFi and Web3.”
Prioritizing Privacy
Panther is developing end-to-end privacy solutions on multiple public blockchains: Ethereum, Polygon, Flare, Songbird, NEAR and Elrond. The platform is aiming to create a ‘private-by-default, decentralized ecosystem’, thus unlocking the ‘value currently siloed between blockchains’.
The offerings of the DeFi platform will include APIs, SDKs and custom integrations. Moreover, it will allow Blockchain
Blockchain
Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamper with. The Evolution of BlockchainBlockchain was originally invented by an individual or group of people under the name of Satoshi Nakamoto in 2008. The purpose of blockchain was originally to serve as the public transaction ledger of Bitcoin, the world’s first cryptocurrency.In particular, bundles of transaction data, called “blocks”, are added to the ledger in a chronological fashion, forming a “chain.” These blocks include things like date, time, dollar amount, and (in some cases) the public addresses of the sender and the receiver.The computers responsible for upholding a blockchain network are called “nodes.” These nodes carry out the duties necessary to confirm the transactions and add them to the ledger. In exchange for their work, the nodes receive rewards in the form of crypto tokens.By storing data via a peer-to-peer network (P2P), blockchain controls for a wide range of risks that are traditionally inherent with data being held centrally.Of note, P2P blockchain networks lack centralized points of vulnerability. Consequently, hackers cannot exploit these networks via normalized means nor does the network possess a central failure point.In order to hack or alter a blockchain’s ledger, more than half of the nodes must be compromised. Looking ahead, blockchain technology is an area of extensive research across multiple industries, including financial services and payments, among others.
Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamper with. The Evolution of BlockchainBlockchain was originally invented by an individual or group of people under the name of Satoshi Nakamoto in 2008. The purpose of blockchain was originally to serve as the public transaction ledger of Bitcoin, the world’s first cryptocurrency.In particular, bundles of transaction data, called “blocks”, are added to the ledger in a chronological fashion, forming a “chain.” These blocks include things like date, time, dollar amount, and (in some cases) the public addresses of the sender and the receiver.The computers responsible for upholding a blockchain network are called “nodes.” These nodes carry out the duties necessary to confirm the transactions and add them to the ledger. In exchange for their work, the nodes receive rewards in the form of crypto tokens.By storing data via a peer-to-peer network (P2P), blockchain controls for a wide range of risks that are traditionally inherent with data being held centrally.Of note, P2P blockchain networks lack centralized points of vulnerability. Consequently, hackers cannot exploit these networks via normalized means nor does the network possess a central failure point.In order to hack or alter a blockchain’s ledger, more than half of the nodes must be compromised. Looking ahead, blockchain technology is an area of extensive research across multiple industries, including financial services and payments, among others.
Read this Term developers to easily deploy privacy solutions within the apps.
Furthermore, the company is growing at a steady pace and has put together a team of 33 people from various fields like cybersecurity, Cryptography
Cryptography
Cryptography is the mathematical field that was used to develop the protocol for the Bitcoin network. It has since been utilized in the formation of other blockchain-based cryptocurrency networks. In its most basic form, cryptography allows for the creations of mathematical proofs that can be used to provide high levels of digital security. More specifically, this entails the practice and study of techniques for secure communication in the presence of third parties. Cryptography helps analyze and model protocols that prevent third parties or the public from reading private messages. This was a substantial innovation for various aspects in information security such as data confidentiality, data integrity, and authentication.Cryptography as a Double-Edged SwordThe growth of cryptographic technology space has led to several legal issues in the information age as parties grapple its significance and utility.For example, cryptography's potential for use as a conduit or tool for espionage and sedition has led many governments to reign in its influence.This is hardly unwarranted, given the raw potential of this field and how poorly its understood by many.Conversely, cryptography also plays a major role in digital rights management and copyright infringement of digital media. Within the cryptosphere, cryptography is used to make it impossible for a hacker to spend funds from another user’s wallet without having access to their private keys.Cryptography also makes changes to the blockchain nearly impossible, a term known as immutability.Outside of the cryptosphere, cryptography is used in online commerce and banking, and in encryption. It remains to be seen how well embraced this technology or field will be moving forward.
Cryptography is the mathematical field that was used to develop the protocol for the Bitcoin network. It has since been utilized in the formation of other blockchain-based cryptocurrency networks. In its most basic form, cryptography allows for the creations of mathematical proofs that can be used to provide high levels of digital security. More specifically, this entails the practice and study of techniques for secure communication in the presence of third parties. Cryptography helps analyze and model protocols that prevent third parties or the public from reading private messages. This was a substantial innovation for various aspects in information security such as data confidentiality, data integrity, and authentication.Cryptography as a Double-Edged SwordThe growth of cryptographic technology space has led to several legal issues in the information age as parties grapple its significance and utility.For example, cryptography's potential for use as a conduit or tool for espionage and sedition has led many governments to reign in its influence.This is hardly unwarranted, given the raw potential of this field and how poorly its understood by many.Conversely, cryptography also plays a major role in digital rights management and copyright infringement of digital media. Within the cryptosphere, cryptography is used to make it impossible for a hacker to spend funds from another user’s wallet without having access to their private keys.Cryptography also makes changes to the blockchain nearly impossible, a term known as immutability.Outside of the cryptosphere, cryptography is used in online commerce and banking, and in encryption. It remains to be seen how well embraced this technology or field will be moving forward.
Read this Term, blockchain engineering, game theory, DeFi and others.
“As with duality of light, privacy has a dual nature, we are in the history of privacy where we are just reconciling, privacy’s dual nature. Panther protocol has managed to allow both privacy and authenticity, by combining zero-knowledge proof systems and selective disclosures,” said Anish Mohammed, the Co-Founder at Panther Protocol.
Panther Protocol, which is building DeFi and Web3 privacy solutions, has closed the public sale, raising more than $22 million, the decentralized finance (DeFi) company announced on Thursday.
“This raise as part of our public sale demonstrates huge demand for an interoperable, compliance compatible privacy protocol,” the Panther Protocol Co-Founder and CEO, Oliver Gale said in a statement.
With the latest fundraise, Panther has raised $32 million in total. Additionally, the company highlighted that the public sale was successfully closed within 90 minutes and is optimistic that this will lead to a wider community engagement and participation.
Gale added: “We are grateful for this overwhelming interest in our project and are confident that this signals the importance of Panther's mission, enhancing freedom and privacy for DeFi and Web3.”
Prioritizing Privacy
Panther is developing end-to-end privacy solutions on multiple public blockchains: Ethereum, Polygon, Flare, Songbird, NEAR and Elrond. The platform is aiming to create a ‘private-by-default, decentralized ecosystem’, thus unlocking the ‘value currently siloed between blockchains’.
The offerings of the DeFi platform will include APIs, SDKs and custom integrations. Moreover, it will allow Blockchain
Blockchain
Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamper with. The Evolution of BlockchainBlockchain was originally invented by an individual or group of people under the name of Satoshi Nakamoto in 2008. The purpose of blockchain was originally to serve as the public transaction ledger of Bitcoin, the world’s first cryptocurrency.In particular, bundles of transaction data, called “blocks”, are added to the ledger in a chronological fashion, forming a “chain.” These blocks include things like date, time, dollar amount, and (in some cases) the public addresses of the sender and the receiver.The computers responsible for upholding a blockchain network are called “nodes.” These nodes carry out the duties necessary to confirm the transactions and add them to the ledger. In exchange for their work, the nodes receive rewards in the form of crypto tokens.By storing data via a peer-to-peer network (P2P), blockchain controls for a wide range of risks that are traditionally inherent with data being held centrally.Of note, P2P blockchain networks lack centralized points of vulnerability. Consequently, hackers cannot exploit these networks via normalized means nor does the network possess a central failure point.In order to hack or alter a blockchain’s ledger, more than half of the nodes must be compromised. Looking ahead, blockchain technology is an area of extensive research across multiple industries, including financial services and payments, among others.
Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamper with. The Evolution of BlockchainBlockchain was originally invented by an individual or group of people under the name of Satoshi Nakamoto in 2008. The purpose of blockchain was originally to serve as the public transaction ledger of Bitcoin, the world’s first cryptocurrency.In particular, bundles of transaction data, called “blocks”, are added to the ledger in a chronological fashion, forming a “chain.” These blocks include things like date, time, dollar amount, and (in some cases) the public addresses of the sender and the receiver.The computers responsible for upholding a blockchain network are called “nodes.” These nodes carry out the duties necessary to confirm the transactions and add them to the ledger. In exchange for their work, the nodes receive rewards in the form of crypto tokens.By storing data via a peer-to-peer network (P2P), blockchain controls for a wide range of risks that are traditionally inherent with data being held centrally.Of note, P2P blockchain networks lack centralized points of vulnerability. Consequently, hackers cannot exploit these networks via normalized means nor does the network possess a central failure point.In order to hack or alter a blockchain’s ledger, more than half of the nodes must be compromised. Looking ahead, blockchain technology is an area of extensive research across multiple industries, including financial services and payments, among others.
Read this Term developers to easily deploy privacy solutions within the apps.
Furthermore, the company is growing at a steady pace and has put together a team of 33 people from various fields like cybersecurity, Cryptography
Cryptography
Cryptography is the mathematical field that was used to develop the protocol for the Bitcoin network. It has since been utilized in the formation of other blockchain-based cryptocurrency networks. In its most basic form, cryptography allows for the creations of mathematical proofs that can be used to provide high levels of digital security. More specifically, this entails the practice and study of techniques for secure communication in the presence of third parties. Cryptography helps analyze and model protocols that prevent third parties or the public from reading private messages. This was a substantial innovation for various aspects in information security such as data confidentiality, data integrity, and authentication.Cryptography as a Double-Edged SwordThe growth of cryptographic technology space has led to several legal issues in the information age as parties grapple its significance and utility.For example, cryptography's potential for use as a conduit or tool for espionage and sedition has led many governments to reign in its influence.This is hardly unwarranted, given the raw potential of this field and how poorly its understood by many.Conversely, cryptography also plays a major role in digital rights management and copyright infringement of digital media. Within the cryptosphere, cryptography is used to make it impossible for a hacker to spend funds from another user’s wallet without having access to their private keys.Cryptography also makes changes to the blockchain nearly impossible, a term known as immutability.Outside of the cryptosphere, cryptography is used in online commerce and banking, and in encryption. It remains to be seen how well embraced this technology or field will be moving forward.
Cryptography is the mathematical field that was used to develop the protocol for the Bitcoin network. It has since been utilized in the formation of other blockchain-based cryptocurrency networks. In its most basic form, cryptography allows for the creations of mathematical proofs that can be used to provide high levels of digital security. More specifically, this entails the practice and study of techniques for secure communication in the presence of third parties. Cryptography helps analyze and model protocols that prevent third parties or the public from reading private messages. This was a substantial innovation for various aspects in information security such as data confidentiality, data integrity, and authentication.Cryptography as a Double-Edged SwordThe growth of cryptographic technology space has led to several legal issues in the information age as parties grapple its significance and utility.For example, cryptography's potential for use as a conduit or tool for espionage and sedition has led many governments to reign in its influence.This is hardly unwarranted, given the raw potential of this field and how poorly its understood by many.Conversely, cryptography also plays a major role in digital rights management and copyright infringement of digital media. Within the cryptosphere, cryptography is used to make it impossible for a hacker to spend funds from another user’s wallet without having access to their private keys.Cryptography also makes changes to the blockchain nearly impossible, a term known as immutability.Outside of the cryptosphere, cryptography is used in online commerce and banking, and in encryption. It remains to be seen how well embraced this technology or field will be moving forward.
Read this Term, blockchain engineering, game theory, DeFi and others.
“As with duality of light, privacy has a dual nature, we are in the history of privacy where we are just reconciling, privacy’s dual nature. Panther protocol has managed to allow both privacy and authenticity, by combining zero-knowledge proof systems and selective disclosures,” said Anish Mohammed, the Co-Founder at Panther Protocol.
