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Privacy Protection and Layer One Scalability
Recorded: May 19, 2025 Duration: 1:05:00Space Recording
Short Summary
In a recent AMA, Prasaga and Shadowbyte unveiled their collaborative efforts to enhance privacy protection and scalability in blockchain technology, signaling a significant trend towards user-centric solutions in the crypto space.
Full Transcription
Thank you. Thank you. Thank you. Thank you. Hello.
Hello.
Hello.
Hello, everyone.
Hello, Kanye.
Good morning.
Yes. Okay, Kaame. Good morning. Yes.
Okay, perfect.
Just waiting on a few more people here.
Okay. Thank you. Thank you. Good morning, good morning.
Good morning.
How are you?
Great. You? I'm good. Hi, Michelle. Hi. Hey, Michael. Hey, Sam. Well,
Hey, how's it going? I feel good. Pretty good. I'm excited about
hosting the AMA spaces on privacy protection and layer 1 scalability.
Privacy is always very important to everyone in Web 3 because certainly we didn't have privacy in Web 2.
So welcome everyone for an exciting tour spaces with Prasaga and Shadowbyte on privacy protection and layer one blockchain scalability.
We have Michael Holtman with us, the CEO of Prasaga, and Samwell from the Shadowbyte team.
Let's start with an introduction. Michael first and then Samwell.
Absolutely. Thank you very much, Michelle. Michael Holtman. I am a founder and CEO over here at Prasaga Foundation. Prasaga Foundation is a layer one blockchain project that has solely focused on developing an architecture that allowed the tasks that everybody's already doing in their lives to be simplified,
as opposed to what we've seen every other blockchain do to date,
it is adding actual more tasks to your life. And as with the internet,
it wasn't until enterprises or brands came,
and I always use banks,
and made it so you didn't have to drive to the bank anymore
to do a wire transfer,
or you didn't have to sit on the phone
and listen to all your transactions
in order to balance your checkbook.
Once that happened, then that got us to a point to sit on the phone and listen to all your transactions in order to balance your checkbook.
Once that happened, then that got us to a point
where there was mass adoption by consumer.
And that's what our focus is over here.
So we're a layer one focused on simplifying the tasks
that everybody does in their everyday life.
And we hope that you can,
everybody will join this journey.
Go ahead, Michelle.
Thank you, Michael.
Sanwa, why don't you give us an introduction?
And if Brady, if you can invite Shadowbite
as a speaker down below, that would be awesome.
Thank you, Michael.
Thank you, Michael. Sanwa, why don't you introduce yourself?
But before that Brady can you invite Shadow Byte as a speaker or co-host? They're down there.
Can you hear me now?
Hello?
Okay, perfect.
My name is Samuel.
I'm a marketing expert, and I'm also a bid expert.
I currently under the bid team of over seven projects,
the likes of Injepo, the likes of Tupac,
the likes of Untone, the likes of unturned likes of obs network packs of red breeds edge ai
and some other top projects in the space and yeah i'm also equipped to trade and also um are currently
on the shadow shadow by team so basically uh what is the background of ShadowBite?
Actually, while blockchain technology has revolutionized trust through transparency,
the ShadowBite team has been able to conceive in response to this gap.
Our founding team comprising experts in cryptography, secure computational blockchain infrastructure,
recognizing the growing need for privacy first solution in the digital
asset space we actually envision a protocol that would allow users to regain control over the data
assets and identity without sacrificing usability or efficiency and our mission is to empower
everyone with true financial freedom and uncompromised privacy in the digital world
while the team vision is to build the world
leading the centralized privacy infrastructure for digital assets management seamless secure
invisible by defaults certified and vision a world where privacy is not niche concern but
the foundation of every financial interaction we actually aim to make privacy technology accessible, user-friendly
and secreted into everyday digital finance. Thank you.
Thank you, Samwell. I do have a few questions before we open it up to the community. So my question, my first question is
about
for Michael, how does Sega
Chains architecture make it easier
for projects like Shadowbyte to integrate
scalable privacy solution?
So that's a great question, Michelle. Thank you very much.
This is actually something that we've just been going through. In fact, we have already started to release, Prasaga
started to release some information on this via slide decks. And you can look at the feeds of Prasaga official feed on X or at the Prasaga CEO feed on X
in order to start to see these.
One of the approaches that we're taking on this is we're now working with a few different
standards organizations.
We're targeting initiatives with a few different standards organizations, whether we target initiatives with a few different standards organization,
whether we're working with them
or just because they're open standards,
we're implementing these initiatives on the Saga chain.
And what this allows us to do is take open standards
and anything that's machine readable,
turn into an individual class on Saga chain.
So let's look for instance in security since this is something this will relate
directly to this conversation.
If you have a standard and you want to,
you have to be in compliance with that standard today, you know,
you have to implement it. It's a lot of manual process you have to go in and get it get certified and such like that it can take years and millions
of dollars in order to be in compliance or something on a standard in this architecture
that we have unlike smart contracts and no this cannot be done with smart contracts you can actually
create a single instance of code for each type of standard that you have and
then everybody that ever needs to comply with that standard with a product or
service reporting out whatever it is that needs to be in compliance, basically makes
an instance of that.
And then all of the requirements that are defined in that class that they're making
the instance of in their account, all of those fields are going to be in there.
And until it is in full compliance, you won't be able to sell that product and such.
Once it's in full compliance, then you absolutely have, and by being in full compliance means that your account happens to have certificates, for instance, that meet whatever the requirement is in order to meet that standard and be in compliance.
whatever the requirement is in order to meet that standard and be in compliance.
So as long as you have that certificate already as an object in your account, it's just going
to automatically be compliant.
If it's not, you have to go out and go through whatever steps there are and have it created
as an object in your account. Now what we have is we have a way for organizations and people to go ahead and be compliant within weeks and a lot less.
Now, what does this mean specifically?
Well, for instance, what they can do is you can now start to implement whatever the code is within the offering, within the product offering.
So if you have different modules, for instance, in there, and somebody, you have an object
and you want to be in compliance or you want to use security on the privacy and security
there, well, that can just be an object. Their code
can be an object on SagaChain in a class tree. And then anybody that wants to utilize that
basically is just making an instance of that in their account and assigning whatever objects they wanna have that privacy too, or if it's the entire time.
So we're given the platform for the ease of use
and the simplicity of distribution.
And because of the fact that we're a source-based,
source code-based object model blockchain,
we don't have the issue of compiled code and things
introduced in.
So it's a lot safer on our side to protect against malicious
code and such like that.
And with the added benefit of having companies or projects building on us
and utilizing this new object oriented,
you know, at some point in the future,
drag and drop functionality in order to ensure
that whatever it is that their product does,
in this case, doing the privacy,
I believe it's a ring signature approach that they use,
that that is just immediately available and configured for whoever wants to use it. I hope that was kind of clear somewhere
in there. Thank you, Michael. Samuel, how does your one-click animization solution benefit
or enhance the infrastructure offer
by scalable layer one chains like Prasaga?
Okay, yeah, so basically,
we're actually in the rapid green
web-to-advertising ecosystem.
Privacy concerns are becoming more critical.
Advertisers are published as a way to facilitate payments without exposing users.
These are behavior or spending patterns.
You get so basically what we're trying to bring to help and solve this situation is
that this challenge by allowing ad networks and content creators to transact securely
and privately across digital decentralized platforms which shadow
by its off-chain anonymous payment system advertisers can pay for campaigns without
leaving any trace on the blockchain preserving both advertising and user privacy and also in
an increasing globalized economy business and individuals also need to send funds across borders
regulatory compliances anti-money laundering and know your customer that's KYC regulation must be added to, but privacy must not be compromised.
ShadowBuy's cross-border transfer solution provides a secure compliance way to send funds without exposing sensitive information by maintaining the privacy of each transaction while ensuring regulatory compliance
or actually providing the perfect balance
between security and transparency in international finance.
Sanwell, can you share how your platform is tackling
rising privacy threats in the Web3 transaction?
I think in the ecosystem,
people discuss and talk a lot more about security
because all the different hacks,
but somehow we have forgotten about privacy.
And yet in the world of data mining and AI,
privacy becomes more important than ever.
So can you share about how your platform
is helping people like us protect our privacy, especially relating to Web3?
Okay, perfect.
So let me talk about our privacy technology architecture.
Can you hear me?
I think I'm breaking up a little bit.
Yes, you're audible.
Okay, perfect. So basically, a shadow byte leverage zero knowledge
proves to enable users to verify transactions without revealing any sensitive information,
such as sender, receiver, or assets amounts.
Okay, so this cryptographic method allows a party to prove the validity of a transaction
while keeping all underlying data hidden and another thing or used to to protect our user identities
like something we call mpc that are secure multi-party computation like this enables multiple
parties to gently compute a function over their inputs without evaluating the input themselves
shadowbite uses m mpc to facilitate
digitalized control and key management without central authority or data exposure you understand
we also we also implement end-to-end encryption across every data flow and transaction layer
whether storing wallets metadata executing private transfer, all sensitive information is encrypted using
industry standard and post quantum radio algorithm.
In parallel with hierarchy, permission design ensures the different system actors, as we
have the users, validators and partners, can only access what is absolutely necessary,
as the granular access rights protects against
internal threats and ensure compliance with data minimization principles.
Okay, so ShadowBytes unifies the stack of anonymity enhancing technologies to deliver
full spectrum privacy.
This includes stats address generation, ring signatures, decoy transactions, timing, obstification,
and metadata squabbling. By integrating this into a coercive protocol stack, Shadowbyte
ensures that even the most advanced blockchain analysis tools cannot readily treat or die
anonymous users. This results are an ecosystem where every transaction appears indistinguishable from noise, truly private by default.
Michael, how is Rosaga ensuring that developers building on Sega chain can leverage privacy-preserving technology or design with our data sovereignty in mind.
Thank you, Samuel. Michael, how is the Saga ensuring that developers building on Sega chain
can leverage privacy preserving technology or design with data sovereignty in mind?
Yeah, there you go.
Sorry about that.
I was on mute.
Okay, so first of all, let's understand something.
A layer one blockchain, there is no privacy on a layer one blockchain by nature.
There's anonymity, right?
So there's a big difference.
There's a wallet address and there's a big difference. There's a wallet address
and there's a transaction that happened.
Is that transaction and the amount of that transaction
in which wallets it was between
or which smart contracts it was between,
is that private?
Is it anonymous?
Yes.
Unless somebody, unless somehow you broadcast
that that's your wallet address. So what comes down to then is privacy. And that's the biggest,
that's a, it's a whole separate thing than anonymity. A lot of people, anonymity will be
fine. It doesn't really matter. Nobody knows who you are, but what you have or your transactions are out there.
There's a lot of people now in the world that they're comfortable with that.
But then there's corporations and there's individuals that aren't.
On the corporation side or on the enterprise side, we've solved that through what we call an enclase, private enclase.
In our architecture, you have all the classes in the global class tree.
Any enterprise can go ahead and utilize, make an instance of, or subclass those classes into a private environment that they have control over.
So what they're doing is they're creating apps out of those global classes and putting keys on them.
So only people that have the key, the public key
to access that class or use that app will have that access.
Now, the biggest thing with enterprise right now,
one of the reasons there's not massive adoption is because of the fact that everybody has gone to permissioned chains, hyperledger fabric, R3, Cordova, and such like that, but they're finding no benefit truly in it.
It's still easily manipulated because you only have a few nodes that you have to go and change things out, right? It needs a purpose for what the blockchain is. And
there's a lot of organizations now, John Johnson, FedEx, De Beers, Ernst & Young,
and BlackRock to name a few that have admitted permission to change don't work. We have to have permissionless,
but we have to have the data control as well.
So in this scenario, an enterprise can have their shards.
They can produce all their blocks inside their shards
in their private environment,
and then they can take the header from each block
and put that out onto the saga chain, public chain,
so that they get the immutable security of the
entire public chain without having any of their data to the public chain. The other options are
the type of options like ZKs and then of course what Shadowbox is doing over here with and again And again, if I'm wrong on the ring signature approach, but I apologize, but basically that is,
where they would be is again, they have,
I would love to see them creating a class tree
over on Prasaga to offer devs that want to
implement privacy within their applications or within their customers and stuff like that.
That's what this is built for.
It's for ease of use.
It's for multi-inheritance.
It's for eventually drag and drop.
So imagine that you have a product that needs five different,
has to have traits from five different parent objects.
Parents, right?
Think of it as DNA and such, child, parent, grandparent, everything,
your inheritance tree.
Think you're inheriting traits from five different objects that create objects
that put you into full compliance and have the privacy and such on top of that
that's where the ease of use for developers are you because of the
multi inheritance and composability but for shadowbox this is would love to see
them over here I think it's a very vital offering and would really would love to see it engage or implement an own saga chain for sure.
Awesome. Thank you.
Now I'm going to ask questions about ShadowBytes just to learn more about them.
And then after that, we are going to ask a few questions from Michael, and then we're going to open it to the community.
If you have not asked questions yet,
you can go to our link and ask some questions.
Michael and Sam will basically pick some winners from the chat,
from the comments, and then we will open to the community. So if you
have any questions later, potentially
you can win
some coins.
But let's first...
If I could real quick, I really apologize.
I said Shadowbox. I meant Shadowbite.
My deepest apologies on that.
Shadowbite, yeah.
So Samuel,
can you, you basically, Shadowbite basically promotes Anomize with one click.
Can you walk us through how that works technically and what makes it superior to other privacy layers on chain?
Yeah, so basically, the use case of this product is for ironies both individuals privacy is a control over digital assets and power models shadowbite offers a secure anonymous
platforms for managing personal assets and ensuring that all transactions remain private and trade
free whether for large value transaction or within portfolio management shadowbite
invisible wallet and zero interaction transfer ensure that sensitive financial data remains protected
from unwatered profiling.
So yeah, basically, private payments in Reptile and Turk.
In the rapid-going Reptile advertisement ecosystem, privacy concerns are becoming more critical advertising
and publishers needs to be able to facilitate payment without exposing user behavior spending
patterns like i said before yeah so and also um also shadowbite unifies a stack of anonymity and enhancing technologies to deliver full
spectrum privacy.
This includes third-generation ring signature, deco-transaction, timing, obfuscation, and
metadata scrolling.
Thank you. My next question is privacy always often comes at the cost of speed or usability.
How does shadowbite balance being anonymous with transaction efficiency, and what use cases are most in
demand from your community?
Okay, so actually, one of our use cases that are demand from our community is called
border privacy compliance transfer.
Let me explain this real quick.
So in an increasing global economy, businesses and individuals often need to send funds across borders.
Regulatory compliance and smoldering and QIC regulations must be added to both privacy must not be compromised.
Shadowbite's cross-border transfer solution provides a secured compliance way to send funds without exposing sensitive
information by maintaining the privacy of each transaction while ensuring regulatory compliance.
Shardabite provides the perfect balance between security and transparency in international finance.
Another use case is that is most demanded in our communities, enterprises-grade private
payment infrastructure, which
implements compressions and institutions often need to engage in cost-border payments, asset
transfer, or intercompting transactions without revealing sensitive financial data to each
other.
With seamless integration into services like Microsoft, Google, and Meta, ShadowBytes
allows enterprises to protect their perpetuity financial information while maintaining operational efficiency and scalability. Thank you.
do not like mixer because then you can circumvent and hack without showing your identity.
So how does ShadowBite think about compliance, decentralization, and how to survive in that
kind of regulatory screwing environment.
Okay, I think I missed the question.
Can you repeat, please?
Because I'm having a bad connection at my end.
Yeah, so the government and regulations do not like privacy coins, right,
because of mixers.
So if a person uses a mixer,
you cannot see the source of where the transaction comes from.
So a few privacy coins or chain have been attacked by certain regulatory entity.
How does ShadowBite think about compliance, decentralization, and long-term survivability?
ShadowBite, think about compliance, decentralization, and long-term survivability.
Okay.
So basically, at ShadowBite, we ensure asset protection mechanism
because user funds are circled by multiple asset protection protocols.
This includes code auto-alerts, segregation with anomaly detection and automated fallbacks
mechanism in the event of suspicious behavior compromised case.
In addition, Shadowbyte supports the root-based MPC wallet enabling shared control without
single points of failure. Because here in ShadowBite, we take our privacy and security very, very top notch,
because user funds are our number one priority.
So yeah, anything we're trying to do,
we build it for users to be saved.
And yeah, ShadowBite is built
with multiple layer defense systems
to resist various attack vectors, be saved and yeah shadowbite is built with multiple layer defense systems with resist
various attack vectors including subita attacks replay attacks front running and side channel
analysis so yeah with limiting mechanism network randomness and signature validations
all contribute to proactive threats migration yeah. The city of St. Transaction logic also minimizes exposure to typical blockchain vulnerabilities
such as mini-manipulation and mempool sniffing.
Thank you, Michael.
Prasaga smart assets offer developers more modular control over logic compared to traditional smart contracts.
Can you explain how these architecture might support next generation privacy protocols?
Yeah.
And thank you again, Michelle.
Again, it goes back to the architecture.
So this is, and I know that this is a little technical.
It still is, but we've got a lot of decks that came out and tells you what it does for you.
But when you're asking about what the difference is in architecture, it comes down to the new data model that we introduced to blockchain.
In the past, there's been two data models.
You have a UTXO data model, and that is what Bitcoin is based on.
And then any derivative of Bitcoin, all the forks and such like that.
The other data model that's out there is the smart contract data model.
And every other blockchain out there, whether it be Ethereum or I don't know if Cardano has their smart contracts up yet.
I keep getting different information on that.
Sui, Aptos, any of them have a smart contract.
And that smart contract data model
is basically what makes up all of the blockchains.
What we found is that we were not able to do composability.
We were not able to scale the smart contract or the UTXO.
The UTXO is a lot easier to do, but it's a difficulty to it.
But especially the smart contract,
because you're dealing with serialized
data sets and so i'll stop there anybody can look that up but what it basically means is that i can't
have multiple transactions running in parallel on a smart contract and regardless of i if i have multiple uh accounts multiple wallets or whatever
that have that uh need to do a process with the net smart contract to move to another smart move
to another account or withdraw whatever that whatever it is you go into a queue because the smart contract can only do one process at a time.
So what we had to figure out is how can we do process in parallel?
And the way that we did that is by implementing a metaclass object state database model.
It is blockchain's third data model.
And it is a data model that has been used by everybody in this world that has ever used a laptop or a mobile device of any sort that had a windowed-based operating system.
A windowed-based operating system means it wasn't a command line interface that you had to work with, like an MS-DOS or software. You actually had, it was Windows, Mac OS, Linux, any of the operating systems that you can
do, have multiple windows open and multiple applications open, all that stuff. So everybody's
been using this the whole time. What we did is we actually implemented it on the blockchain.
implemented on the blockchain. And by doing that, it allows us now the thing that you cannot do
with smart contracts. And that is I can guarantee the data independence of every single transaction.
So that means I can now have a sharded system and I can have transactions executing in parallel on shards and between shards.
So each individual shard can execute all of their own transactions.
Think of it as its own separate individual blockchain.
And every single shard can, as long as you have all of the accounts that are necessary to run any specific transactions, you can have multiple transactions run in within a shard at the same time.
So what does this do now?
This allows us to scale.
This allows us to dynamically adjust.
And this is right now we're a static environment with our public development testnet we are moving currently you know we will progress
before mainnet it'll be dynamically adjustable resources so we can
dynamically add and remove shards and nodes based on the demand in the network
itself but what that does is gives us that ability to scale the other thing it
does is it gives us a single to scale. The other thing it does is it gives us a single instance of classes.
So everything in the world is an object.
Every type of asset, every certificate,
everything can be an asset or can be an object
in the database in the Saga Chain blockchain.
So now, fungible asset.
From now until forever,
there will only be one global instance of code
that defines what a fungible asset is.
And instead of, like in today's world,
everybody going and copying the ERC-20 contract
and writing what their ERC-20 is, what is in there, what the asset is that you're going to make out of that ERC-20, and then putting that ERC-20 contract up on the blockchain.
So that means every single time anybody adds anything to a smart contract blockchain you're adding all of that
code back into the blockchain you're just duplicating the whole thing and changing the
parameters in our world you only have one single global instance of code that is a fungible asset
and every account in the world will just make an instance of that, reference it, and just describe what their asset is.
So you're not duplicating, you're instantiating and inheriting,
and this is where it kind of separates the rubber from the road.
We absolutely can scale, we can guarantee data independence,
and we can give a full composable, multi-inheritable object model platform for the world to advance more than they ever thought they would be able to at this point in time.
Thank you. Okay, thank you.
So with the Sega OS and Sega Python,
what tooling or integrations are being prioritized to ensure
projects like Shadowbyte can plug in quickly and securely?
So, Michael, I think this question refers to integration.
How can projects like ShadowBite integrate their privacy tools into Sega OS?
Yeah, so thank you very much. And that's an easy one actually. Yeah, build a class.
Actually, what we're about to come out with, this public development test
net, there's, we're looking for one last thing before we release it. It's, you will now have,
instead of having to download all of the entire saga chain environment and all the source
and turning up nodes on your own private environment and such. You can download
a command line client and you can now run transactions. You can build classes. You can
create, you know, ontologies between your classes and objects and such in order to do the whole
process that you need to be done on there. And you can test this in the public development test net environment.
Now, this public development test net environment is a functioning blockchain.
It is not a crypto blockchain.
There's no security on it yet.
We're going to, you know, every 12 hours or so, we're going to restart it.
This is just a public development only test net for you to go ahead and test and see how this is going to work, how it reacts, how would you create a class.
You can create scripts so that when it does turn down, because we're going to delete the entire database in case anybody up there was being trying to be malicious or dump it and start over fresh.
and dump it and start over fresh.
You can create a script and just rerun everything that you had
so that it loads back up and you continue on with your testing and such.
But what that does, that is going to be,
and at some point it's just going to be a browser-based UI.
That's how you're going to develop on SagaChain.
You're going to, in this case, there's a syntax for the class.
You're going to look it up, and you're going to go ahead and fill in and write your class,
and you're going to upload the class or implement it through the command line transaction.
It's going to set up the account.
It's going to set up the class, and then you can go ahead and send messages of the class and do what you need to do and do your transactions
so it's going to be very very easy uh it's easy now um for developers that know uh especially
python and how class and object systems work and sounds like that, or how object-oriented or object models work.
And it'll get just a lot easier as we progress to mainnet.
Awesome. Thank you, Michael.
For ShadowBite, Samuel,
do you see a privacy tool as a standard feature across the whole entire blockchain ecosystem
uh yeah actually i i i see something like that yeah because security is actually the
copula of shadow buys every major release undergoes independent third-party security audits by top-tier blockchain and security firms
this audit negligence tax for vulnerabilities in smart contracts
uh okay so basically i see something like that
thank you okay thank you and then the last question for Michael.
How do Prasaga drive adoption in terms of the blockchain?
Yeah.
Thank you, Michelle.
This has been a difficult one in terms of getting to the point
to be able to start our strategy to gain adoption.
So, you know, this project, we've been in project a long time.
It took a few years in order to kind of do the evaluation, do the design, do the architecture, do the proof that what we were, the road we were going down was going to work.
that what we were the road we're going down was going to work and then once we
prove that out actually architect and then start to build saga chain itself
where I'm sorry hold on one second I just lost my train. I'll repeat the question real quick.
What are your thoughts about having privacy and scalability being adopted?
Oh, yeah, yeah, yeah.
On adoption. I'm sorry.
Yeah, so we believe, and as stated before, it's all about, we see blockchain right now, the entire space,
exactly where the internet was in 2002, say, 2020 or 2002. It was a disaster. It was losing
people, it wasn't gaining, and it just became a place for techies and tech geeks and such.
And it was beautiful for us.
We loved it.
However, there was no mass adoption.
And what the catalyst was, again, was the banks.
I always use that, but there's others.
When brands that we trusted came to us and showed us some way to do something we're already doing and do it easier
and create and create the you know do it in less time that's when and and not knowing it was on
the internet we just had an app that had a field and you type a name here you type a name here and
amount here and you hit submit didn't know it was on the internet. It's just something on my phone. I trust a phone company. I've always used them.
I trust my bank. My bank has given this to me, so I'm going to use it. That's what we believe
is going to happen here in blockchain, and that's why we focus so hard. We are built for 8 billion people to be an underlying foundation and a
general global currency. In order to get to those 8 billion people, we believe, just like the
internet, it has to go through trusted brands and are introducing new ways of doing something
they're already doing, but simpler and easier and safer. so we are now working we have saga standards set up
we have five working groups put together in there uh around ai rwa machine to anything
dow and cyber security we actually are bringing in also entertainment for music and then finally real estate, which I was just preparing the thing today for.
Under those groups, we have already targeted the FEGE standards over at OMG Object Management Group.
We have targeted the OSDP standard track over at Security Industry Association.
And we're targeting the Society of Movie Production
and motion picture and technologists and engineers.
And whichever, and we haven't had the discussions yet
with the technical committees or the working groups
to identify which one would be like, let's start here to focus on this or whatever so what that does now is it's going to
bring in and anybody that is doing anything um that needs to be in compliance uh will now have
that capability so all enterprises were just making their lives easier because instead of millions
of dollars and this much time you're not having a low code no code drag and drop uh functionality
um it's not dragging dot that's you know somebody will put that in uh we expect uh it's the
capability is there um but they will have that funk that low code no code functionality and and be
able to implement much faster it gives a fully auditable trail of everything that
happened to anything that was possessed any any project any object that product
that you put out everybody will have a full auditable record of everything that ever happened to it from cradle
to grave from now until forever. That auditability is unavailable in any other blockchain platform or
any legacy system to the level that we're able to get it. So that's where the adoption comes.
That's what our focus is. But we need the whole community in order to help us out and get there.
Awesome.
Thank you. look at the comments and, uh, answer, uh,
two questions or three,
you know,
maybe,
maybe Michael can answer two questions from the comments and then Samwell can answer three questions.
Let me try to find this.
From the comments.
that would be awesome.
We have about 12 comments there.
Page doesn't exist.
Sorry.
See. You're back. So I about 12 comments there. Page doesn't exist. Sorry.
So I just ping it here.
So if you go to...
Privacy protection.
Yeah, if you guys can actually choose
some questions from the
comments section, that'd be awesome.
Yeah, I'm not seeing any questions. Okay, I see them. Yeah, you have to go to the comments. That would be awesome.
I'm not seeing any questions.
Okay, I see them.
Yeah, you have to go through the couple.
Here, let me put this.
I think this is the right one.
Try this one.
Let me see.
Can I post this here?
Manage spaces.
I don't know. How do I post a comment?
I don't know. Michelle, do you have the link?
I can redo the link.
You can read the question and then answer it. And then just send me the link on the Telegram.
Okay. Yeah, let me get back to there.
Okay. Yeah, let me get back there.
Okay. So let me look at at my AMA-related question.
I have one, two, three, four, five,
six, seven, eight, nine, ten.
Okay, so I guess I'll pick one.
Let me see.
Assets and charting, and you can solve.
I'll go and explain them. Okay, for paradox, copy link.
Michelle, I'll post this in the thing.
Let's see. Okay, there's one, Michelle.
Yeah, sure.
Okay, so the question for Michael is from Paradox Ref, and it says, Sega Chains D, POW,
and sharding sound like a game changer for scaling without sacrificing security. Can
you give us a real-world example of how this parallel processing could make
DApps faster or cheaper for users compared to something like Ethereum?
Yes, I will absolutely do that. And I'll go back to my, our, here's the other, Michelle, I'll go back to our
scenario of a grocery store, the analogy of a grocery store.
So the way that charting works is,
the way that smart contracts work,
imagine you're at a grocery store
and each register in the grocery store,
you have your lanes.
In a smart contract world,
each register is an actual smart contract.
So each lane is the queue that you have to stand in in order to execute whatever transaction you want to execute on your smart contract.
So if you have, say, beef, you have to go to lane one.
If you have chicken, lane two.
If it's lamb, lane three. If it's it's broccoli lane four so on and so forth so if you have a basket that has multiple things in it
then you're gonna have to go you you go to lane one you check out the beef you pay for it you get
your receipt then you go to lane two and you do the same thing there have been some smart contract
platforms lately that have done two different
types of sharding one of them i either dedicate specific shard to applications uh d apps so that
they always know that where they're at and they try to limit cross shard communication or they
have tried to execution shard and what that basically means is they take a few of the
transactions from the smart contract saying lane one in the grocery store gives lane two, three of the transactions
out of that smart contract because lane two, nobody's buying chicken right now. So they go
ahead and run those smart contracts or they go ahead and run those transactions the problem is that after you're done uh having those transactions
executed on lane two you still have to go back to lane one to get your receipt that's where
the serialization of the smart contract comes in that's what we solve for in our world you can have a basket of goods. You can have your entire grocery basket. You can go to one lane and you can go ahead and execute every transaction in your basket at that one lane.
And that's the difference between us and any smart contract platform out there.
us and any smart contract platform out there.
The other thing that we did is we wrote an algorithm
that solves for that cross-shard communication.
That's a big problem within databases and blockchains,
is if you have a smart contract
and the transaction that is being executed relies on a smart contract
that's on another shard, then what you have to do is you have to, on the original smart
contract shard, lock that shard, move a smart contract over and to execute to the other shards that the other accounts have that execute,
move that data all back to the shard that's locked, and unlock it.
In our world, transactions come in.
Individual transactions are sent to the individual shard leaders,
multiple shards, multiple leaders.
They simulate the transaction, run the transaction not to completion.
What that does is gives them a list of accounts.
They look at those accounts.
They send that account list up to an account negotiation leader. The account negotiation leader identifies where those accounts are on the shards, moves them
between the different shards so that all the accounts necessary to execute that transaction
are on the shard at the same time the transaction executes and everybody's off to wherever they
have to be next in order to execute a transaction that is what we did and that would that
took a long time to figure out exactly how to do that and what the algorithm
were in order to do that but we did figure it out and it's now implemented
and it's working and and that is how the sagaain is separated and how we can facilitate better.
Does that answer the question?
Yeah, awesome.
My other question, and Sam, well, please do look through it
and see if there's any questions for ShadowBite.
The next question from Michael is from CryptoCML1.
Collaboration is one of the important aspects of a project to its huge success.
So do you have plans to work with multiple projects in the near future?
If so, can you tell us your future plans regarding this matter?
Absolutely.
Absolutely. Actually, we are already working with other projects. And thank you very much for that
Actually, we are already working with other projects.
And thank you very much for that question.
question. The projects that we started a grant program with Avia Labs. Avia Labs is an accelerator
incubator. We've committed a million dollars worth of Saga coin token to this grant fund.
There's an application form. It's on our prosago official medium.
Uh, and, uh, we can post it in our, I think it's posted or some in our channels and such.
Anyways, um, you can fill this out and you can apply.
We've right now got, uh, uh, six grants that we've approved.
The largest one is for eight bond.
Eight bond is the, uh, was the number two, is it my number two?
It was, I'm not sure where they are now.
Binance, DeFi market on Binance.
And they are building our bonding market on Saga Chain,
along with others, but they are building on Saga Chain.
We have a couple of wallets that are building.
We have a project called Epic Games, E-P-O-C-H Games.
And others. a project called epic games ep och games um and others so we have a uh we already are starting that we are also engaged with the other standards bodies and such and about to do a uh uh an email
blitz to different corporations and blockchain labs and stuff like that in order to get them to uh you
know here's introduce us here's the code here's what it does go ahead and start to try it see
how this works these are all the things that you can do with it now this is the potential that this
has and how it's going to affect your bottom line and user experience with your customers
uh and uh and see where we go.
We're fully open right now
and looking for collaboration across the board.
Thank you, Michael.
Samuel, do you have any questions
from the comments that you could answer?
I know really. I think I just want to take some questions
based on community. So real quick, I saw someone asking about
collaboration is one of the most important aspects of projects with CELSE. So do you have
any plans to work with multiple players in the near future? If so, can you tell us the future plans regarding this matter?
So basically, I think I said something in the beginning of this phase.
I'm a BD with an experience of four years.
And yeah, currently I manage BD team of Electra, BD team of Tupac, BD team of Untone, BD team of a lot of projects.
Basically, and yeah yeah i'm also a
marketing expert yeah so basically i i believe something in collaboration yeah we we call it
competition over collaboration you understand like when when when when you have other projects
that would like to integrate your your your idea you guys could collaborate because it helps you
guys with visibility and also it helps you guys gaining traction that is needed for you
and exposure basically it's going to help your project go to an extender yeah you're
on the you know that you guys have gained value for each other understand so that's basically why
collaboration is going to help your project and which success because it gets you traction and exposure that is needed you understand and yeah when you're
building also with your community like you're building a strong community you'd
you'll be able to like get feedback about your product that you're building from your community
and yeah because building the community is going to help you grow as an individual and also as a
project manager because your community are the ones that are going to use your product that you're building so you need to get feedback from them ask them
what if you could integrate in your product and yeah that's actually a step a step ahead
in the process of your project thank you thank you um if you don't have any questions from the
comment we can skip that so we would have about two winners from the comment section and if there's anyone who wanted to raise your hand and ask Michael or B-Wall or
Samwell questions please do so and Brady can bring you up. Brady can you bring
anyone up who has questions for Michael or Samuel?
Well, we've clearly spoken.
Awesome.
Everybody understands.
Thank you, everybody.
Yeah, thank you, everyone, for coming with Prasaga and ShadowBite on privacy protections and layer one blockchain scalability. Prasaga does have a grant,
and you could go to our Telegram and apply to that grant.
And Shadowbyte, you are welcome to apply.
And everyone, please do follow Maiko and BeWell
to follow our progress.
I think privacy is very important in Web3,
and so is a layer one that works and doesn't digest or fast enough,
not like blockchain, or is not so expensive like Ethereum.
So I'm looking forward to seeing the blockchain workable and live.
But please do follow Prasaga as well and come back.
Oh, I do. We have a question.
Gaston, do you have a question?
Whoever has questions, Brady can
bring you in. Be well,
why don't you go ahead?
Sam, why don't you go ahead?
Yeah.
Sam, well, go ahead.
Oh, yeah.
Actually, it's not a question.
I wanted to ask that.
You guys are going to reward.
I think I'm seeing something like tokens or something
after the end of the armor section.
I want to just be clear about it
to the community.
So, yeah, there won't be left out.
Awesome.
If there's no questions, we'll end this AMA.
Thank you everyone for joining.
We'll see you next time.
Bye-bye.
Hello, can you help me, sir?
Hello.
Thank you, everyone.
Thank you, sir.
Bye. Thank you.
