Panther's Core Components
Let us take a look at some of the core components of the Panther Protocol.
Moving transactions onto Layer-2 protocols stands as one of the most promising ways to increase the throughput of today’s most-used blockchains. By taking hundreds of transactions and bundling them together into a single transaction, Layer-2s increase speed, reduce cost, and decrease network congestion. One approach to this method, known as zk-Rollups, uses zero-knowledge proofs to verify the validity of information, thereby reducing the amount of data held in a transaction. This requires far fewer computing resources. Transactions on L-2s are periodically synchronized onto the main blockchain in a highly compressed form.
Panther’s core DeFi Privacy Service works very differently from traditional privacy services. Panther consists of a series of Multi-Asset Shielded Pools (see next), interconnected to multiple blockchains “peerchains” by relayer nodes. Panther Pools provide access to compliant DeFi privacy through shielding and selective disclosures, while relayers communicate transactions to different peerchains (one at a time). Users then determine the inputs and outputs of pools.