Prosper Forms Strategic Partnership With Stratos
Prosper and Stratos will work together to bring Decentralized Storage to Predictions Market
Prosper is happy to announce our formal partnership with Stratos, a platform that takes a unique approach to decentralized storage. We are happy to encourage our community to explore the Stratos network, as such solutions become increasingly important for the growing DeFi ecosystem which Prosper is proud to be a part of. In a similar fashion to how Prosper seeks to address issues within the predictions market, Stratos is built to find new solutions within decentralized data infrastructure.
Stratos offers a number of incredibly useful services which can help to elevate the Prosper platform. Their decentralized data mesh allows for rapid computation to better improve our prediction infrastructure and platform functionality, and the immutability provided by the Stratos storage mesh ensures the integrity of critical internal data such as payment histories no matter the situation. The Stratos database can also enable our platform to more rapidly process variable data regarding our oracle infrastructure, as well as data regarding our liquidity aggregation features.
“As a cross-chain prediction market and hedging platform, Prosper will need to host lots of valuable and sensitive data which include structured and unstructured data for the prediction process. Stratos provides a stable, scalable and secure decentralized platform to Prosper and solve the worries about data security leakage concerns.” Bin Zhu, Founder of Stratos
Prosper is a non-custodial cross-chain prediction market and hedging platform, and allows for people to make money off of their correct predictions about the outcomes of various events. Prosper’s platform includes interoperability elements from different networks across the blockchain ecosystem. Prosper is developing a unique technological infrastructure of on-chain liquidity aggregation to solve problems within the overall prediction and prediction markets.
Cross chain prediction support with binary on-chain liquidity represents a fundamental shift in the overall predictions market. Prosper supports measurable upgrades to the overprediction market, with planned features including prediction insurance, user-created customizable betting pools and options, and fiat integration. These features and other planned upgrades make Prosper the premier platform for people to maximize their profits from their predictions.
Stratos provides a next generation decentralized storage solution through their decentralized Data Mesh. This infrastructure provides scalable, reliable, self-balanced storage though an intricate database and computation network. Stratos was created with scaling blockchain process capacity in mind, while retaining the decentralized benefits of a distributed protocol such as trustless traceability, verifiability, immutability, and privacy.
Stratos is in an excellent position to support data storage and adoption for developers and users in this ever-expanding digital economy. Stratos strives to make decentralized data adoption easier and more efficient for the blockchain industry and Web 3.0.