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press launch
PRESS RELEASE. Panther, a cross-chain software that may enable retail customers in addition to establishments to entry DeFi privately and compliantly, has launched its v0.5. This was achieved by the protocol’s neighborhood together with Panther Ventures Restricted, a Web3 improvement firm destined to develop the blockchain expertise and zero-knowledge elements of Panther.
Panther Ventures Restricted collaborators developed the protocol’s software program and launched it beneath a BUSL License, which grants customers the precise to repeat, modify, create spinoff works, redistribute, and make non-production use of the Licensed Work. The Licensed Work will finally be made accessible beneath an Open-Supply License, as acknowledged 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 neighborhood mentioned and established the phrases for v0.5’s launch and voted upon them on the protocol’s Snapshot.org area.
In addition to issuing rewards through its staking answer, Panther’s v0.5 will enable Panther’s neighborhood of contributors to check the technological primitives that shall 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 primary protocol incrementally.
Panther’s upcoming model 1.zero will enable 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 should additionally maintain the flexibility to adjust to regulatory necessities.
As such, Panther’s v1 shall be a serious 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 be taught extra concerning the technical elements of Panther, go to the venture’s web site and documentation. It’s also possible to see a full product overview in Panther’s weblog.
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 known as zAssets, which can be utilized to execute non-public, trusted DeFi transactions throughout a number of blockchains.
Panther helps traders shield their private monetary information and buying and selling methods, and supplies monetary establishments with a transparent path to compliantly take part in DeFi.
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About Panther Ventures Restricted
Panther Ventures Restricted (PVL) is a non-profit group devoted to creating Panther Protocol knowledgeable by its neighborhood.
In regards to the Panther Basis
The Panther Basis helps Panther’s function to advertise privateness, fostering Panther’s ecosystem and improvement.
It is 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 companies. Bitcoin.com shouldn’t be accountable, straight or not directly, for any injury or loss triggered or alleged to be attributable to or in reference to using or reliance on any content material, items or companies talked about within the press launch.
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