As the world becomes more active on the internet by the day with the creation of more advanced technologies to aid the speed and ease of work, especially in the blockchain industry, the privacy of shared data has become a growing concern among online users.
PlatON, is a public blockchain network created to specifically address the issue of users' privacy and security. The platform utilizes advanced computing model and cryptography algorithms in building a system of secure, scalable, and high performance computing network that is embedded with topnotch privacy and security preservation features.
This groundbreaking innovation of PlatON has already attracted the attention of major projects in the industry, the most notable one so far being the partnership deal with
Ethereum network. PlatON was on the design board, mapping out a secure multi-party computation (MPC) algorithm as a solution for the Ethereum 2.0 Proof of Custody (PoC) which has successfully been implemented with impeccable outcome.
The scalability efficiency of PlatON was evident in the overall time consumed in generating the Proof of Custody during the Ethereum V2 implementation last year which saw 20 nodes distributed across 20 cities in 5 different countries. The time consumed was roughly 3 seconds in contrast to the expected 12 seconds.
Subsequent upon the monumental success of the initial partnership,
PlatON has in a recent development, sealed a new deal with Ethereum foundation. This new partnership is aimed at boosting the security of the MPC project in line with the Ethereum 2.0 standard and basically involves modifications to the network's algorithm with the ultimate aim of improving the safety of the Ethereum V2 network.
EXPERIENCED TEAM
PlatON is made up of a team of professionals with diverse but profound experiences in their fields of specialization. A recent addition to this unique team was the appointment of Professor Grigore Rosu as its technical advisor which is in line with its measures of ensuring that only capable hands are on its technical team,
Grigore is the founder and CEO of Runtime Verification. He doubles as a research scientist at the NASA Ames Research Centre, and triples as a renowned professor of computer Sciences at the University of Illinois. Professor Grigore has a wealth of experience and knowledge in critical areas in his field such as software engineering, programming languages, etc and will bring these to bear on the PlatON technical team with strategic advice that will ensure the network stays ahead of its competitors with respect to multi-party computations and privacy preservation.
Professor Grigore has made significant contributions toward data security in the online space. Through his research, he has come up with better ways of verifying smart contracts and the security performance of virtual machines. His company, Runtime Verification, recently verified the Giskard Consensus Protocol of PlatON, which is the backbone of PlatON network itself and found it to be extremely secure and stable, a discovery that made him delighted to work with PlatON.
LatticeX Global Official Mascot Hunt
LatticeX is a supporter of this amazing network, PlatON. Their support this time takes a very unique and creative turn. LatticeX is launching a global mascot hunt as a way of supporting PlatON’s safe data flow policy. The mascot is to be in the semblance of a lion and will ultimately serve as an official symbol for the platform.
To this end, LatticeX has opened the floor for the design contest. Entries are welcome from participants all over the world without restrictions. This contest runs from April 7th through May 7th, 2021 - that is one whole month. Attractive prices are up for grabs, all in LAT tokens.
This is one contest you wouldn't want to miss if you have a flair for designs. More details about the contest and prices can be found in this medium post.
Also feel free to reach out to the LatticeX Foundation through their official email at support@latticex.foundation for any enquiries.