Introducing pNetwork v3


What is pNetwork v3?

pNetwork v3 introduces an innovative and optimistic approach to its architecture, featuring multi-provers for enhanced functionality. At its core lies the Relayer, responsible for proposing the issuance or redemption of a pToken. This proposal embarks on a journey through a challenge period, where its legitimacy undergoes meticulous verification. This optimistic process mirrors the user's swap request, offering seamless and efficient transactions. In the event of any discrepancies, the proposal can be swiftly cancelled post-challenge period, courtesy of diligent actors known as Sentinels and Guardians.


Decentralization and Regulatory Compliance

Fully embracing decentralization, pNetwork v3 stands resilient against regulatory frameworks like MICA, thereby sidestepping cumbersome KYC and AML requirements. This streamlined approach not only prioritizes user privacy but also elevates the overall user experience. Despite its decentralized nature, pNetwork remains committed to implementing robust measures to prevent illicit activities and the use of illicit funds, ensuring a safe and secure ecosystem for all stakeholders.