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Housemister
@housemisters
2Anno·

Pantos aims to connect blockchains together. Unlike Quant but completely decentralized. A new website is coming this month with even more detailed insights into the state of the research and testnet.


Soon the public beta phase will begin. Then everyone can see the project for themselves or criticize it.


It seems that the years of waiting have been worth it.


Worthwhile in any case times for the watchlist.... ฅ^-ﻌ-^ฅ

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Moritz@leveragegrinding
2Anno
So what makes it better than Cosmos? They are somehow further
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Housemister@housemisters
2Anno
@leveragegrinding Like Polkadot or Ethereum 2.0 etc., Cosmos is an ecosystem that many refer to as the blockchain of blockchains. SideChains gather around a central intermediary blockchain. This is called the Hub in Cosmos, RelayChain in Polkadot, BeaconChain in Ethereum 2.0. This central authority ensures interoperability between the SideChains (Parachains, Zones).

Pantos, on the other hand, is called the Layer 0 protocol because it is intended to enable applications on the above-mentioned Layer 1 and 2 ecosystems to utilize their special features and benefits across their boundaries. These cannot communicate with other ecosystems today, there is no way to do this in a trustless, decentralized manner via an open network. Existing solutions have to be trusted by third parties, some of which are proprietary, not open source and have to be licensed.

Pantos solves the interoperability problem via an open network, will probably offer various interoperability mechanisms and will remain trustless, which is why it is rightly called a Next Generation Interoperability Protocol.
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Moritz@leveragegrinding
2Anno
@thehousemister hmmm so you mean a connection between competing sidechains?
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Housemister@housemisters
2Anno
@leveragegrinding Exactly, and that is a novelty.
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Gaylord@Gaylord
2Anno
is somehow connected with bitpanda
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Housemister@housemisters
2Anno
@Gaylord Bitpanda launched the research project. But various research institutes etc. are now involved.

And I assume that it will be listed everywhere in the foreseeable future.
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Sven@sven21
2Anno
I'm very excited about the project and how it will develop. The developers have definitely set their sights high, but I'm optimistic and I've also put some money into it 👍
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2Anno
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Housemister@housemisters
2Anno
@meta that in itself does not speak against a decentralized product. Every Pantos hodler makes Pantos decentralized. Nodes are then operated by them.
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2Anno
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Housemister@housemisters
2Anno
@meta no. The network is opensource and you can't just switch it off.
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2Anno
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Housemister@housemisters
2Anno
@meta Of course it is decentralized. You are welcome to find out more about it. Bitcoin was also developed by Satoshi and finally became decentralized when the product went live. You are distorting the research phase with the later decentralized use of the product.

It's like Bitcoin. The many miners make it decentralized.
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2Anno
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Housemister@housemisters
2Anno
@meta pantos is definitely not known just because you and I know it. Nobody outside the German-speaking world knows it.

When the product is ready for the market, which Bitcoin was when Satoshi left, then Bitpanda will also leave.

Either way, I think the public beta phase will bring more awareness.
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