PlatDot opens public testing PlatON collaborates with Polkadot to enter a new stage

PlatON
2021-04-14 21:04:45
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After months of intensive development, PlatDot has officially launched its global public beta.

This article is from PlatON.

Recently, the PlatDot project, which is responsible for achieving cross-chain interoperability between PlatON and Polkadot and is jointly promoted by PlatON and ChainX, officially launched its public beta. The cross-chain solution provided by the PlatDot project enables the globally distributed privacy AI network PlatON to connect with Polkadot, which has advanced cross-chain technology, thereby breaking the island effect and achieving cross-chain complementarity and ecological prosperity.

Public Beta Launch Marks Substantial Phase of Cooperation Between PlatON and Polkadot

After months of intensive development, PlatDot has officially launched its global public beta. PlatON, a globally distributed privacy AI network, serves as the underlying infrastructure supporting the circulation of data assets and cryptocurrency assets, where free and low-friction asset flow between chains is a fundamental capability that needs to be provided.

PlatDot builds a cross-chain bridge through multi-signature cross-chain technology, effectively aligning the needs of the PlatON and Polkadot blockchain ecosystems, reshaping asset transaction circulation and value conversion between various blockchain ecosystems, enhancing cross-chain information interaction and asset transaction efficiency and security, effectively solving the value island constraints in the blockchain ecosystem, and continuously optimizing user experience to better support the development of the digital economy.

With the launch of the public beta, the cooperation between PlatON and Polkadot has also entered a substantial phase. Both parties place great importance on the core demand for data asset and cryptocurrency asset transaction circulation and value conversion, adhering to a rigorous, efficient, and ultimate philosophy, implementing a fine-grained development status throughout the entire research and development cycle, making PlatDot a bridge between the PlatON and Polkadot ecosystems to achieve mutual integration and communication.

Deepening Cooperation to Build Open and Inclusive Financial Infrastructure

The PlatDot project will be divided into three major phases for key construction. Currently, it is in the first phase, which has been realized on the PlatON meta-network Alaya. In the future, the project will continuously refine its product system around privacy protection mechanisms, light nodes, relay communication bridges, and other technologies and functions, continuously optimizing user experience and creating a new engine for asset value flow.

The ongoing advancement of cooperation between PlatON and Polkadot will ultimately provide users with a secure, transparent, and efficient asset flow experience. Users can freely exchange assets in the cryptocurrency world based on on-chain anonymous identities, without the need for centralized review and trust in third parties, avoiding fake assets and unauthorized occupation of assets, with asset control firmly in the hands of users.

In addition, both parties will deeply expand their collaborative mechanisms, with chains having their own divisions of labor, each focusing on specialization and verticalization to serve users with unique functions. They will engage in open collaboration through cross-chain methods, comprehensively enhancing network value and synergy effects.

PlatON and Polkadot share the same vision in the realm of open finance, believing that the integration of cross-assets will bring broader prospects for open financial applications.

Through continuous deepening of cooperation, theoretically, in the future, as long as one connects to the Polkadot ecosystem, they can enter the PlatON ecosystem, achieving functional complementarity and value exchange between the Polkadot and PlatON ecosystems.

PlatON and ChainX will realize a virtuous cycle of ecosystems based on PlatDot, jointly building a prosperous and stable PlatON ecosystem.

About PlatON

PlatON is initiated and promoted by the LatticeX Foundation, aiming to become a new generation of distributed privacy AI network globally, and is a pioneer and leader in the field of privacy computing.

Focusing on scalability and privacy protection, it is a high-performance distributed computing network that provides public infrastructure under an open-source architecture for global artificial intelligence, distributed application developers, data providers, and various communities, institutions, and individuals with computational needs, through a next-generation computing architecture assembled by verifiable computing, secure multi-party computing, zero-knowledge proofs, homomorphic encryption, and other cryptographic algorithms.

About Polkadot

Polkadot is a new generation blockchain protocol that combines multiple specialized blockchains into one network, allowing these chains to operate seamlessly and at scale.

About ChainX

ChainX is one of the earliest projects launched in the Polkadot ecosystem, dedicated to BTC Layer 2 expansion, digital asset gateways, and the development and research of Polkadot's secondary relay chain to achieve cross-chain asset interoperability and lead a new direction for Bitcoin Cross-DeFi.

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