onXRP.com, a tech and content platform offering “user-driven” innovation to the XRP Ledger (XRPL), and Pastel Network (PSL), the application-specific and “purpose built” NFT blockchain, announced a partnership to improve the security of the XRPL NFT ecosystem.
As mentioned in an update shared with Crowdfund Insider, Pastel and onXRP will “integrate tools to the onXRP marketplace that aim to identify scammers by using Pastel’s Sense protocol to authenticate NFT rareness and perform NFT duplication checks as well as to ensure data security and storage through its Cascade protocol.”
Adding Pastel Network’s robust security protocols to the onXRP NFT marketplace should “help ensure that exclusive NFT releases are not being copied or scammed.”
Pastel’s Sense Protocol for Near-Duplicate NFT Detection “recognizes the most subtle similarities between two digital collectibles, even if one has been transformed.”
The protocol goes beyond the standard “digital fingerprint” approach to establishing the rareness of an NFT, and “actually looks at the rareness of the pixel patterns in data.”
Sense takes digital fingerprints a step further “by assigning a ‘Relative Rareness Score’ to quantify how rare an NFT is relative to all NFTs in the underlying dataset.”
Kaj Leroy, CEO of onXRP.com, stated:
“Security and authenticity play an increasingly focal role within the entire NFT sphere. With scams and fakes lurking around every corner, an increasing number of people have fallen victim to ever increasing complex frauds. Up until now, no established marketplace has implemented a tool like this one, and we’re proud to announce that we’re changing the game and putting ourselves ahead of scammers, fakes, and copycats. We’re excited to partner with Pastel Network, and we will work tirelessly to make the integration of their tools a seamless experience for all users and artists on the onXRP NFT marketplace.“
Pastel Network is reportedly the first to have its own “completely integrated, decentralized storage layer based on advanced technologies such as RaptorQ and Kademlia.”
Pastel’s Cascade Protocol for Distributed Storage “addresses another major issue plaguing the NFT space – rug pulls and NFT disappearances.”
Cascade combats data losses and manipulation “by offering permanent, lossless storage.”
It functions by “distributing NFT data in chunks across different SuperNodes in the network, meaning that even if there were a network disturbance, NFTs will still be fully recoverable.”
Equally important is that “users only need to pay once to store forever.”
Pastel Network co-founder Anthony Georgiades remarked:
“They have tremendous plans for XRPL, and their NFT marketplace will feature one of the most requested and revolutionary tools available right now. Their vision of NFT decentralization aligns with ours, and we are excited to build with one of the XRPL’s most esteemed projects.”
As noted in a release, onXRP is a tech firm “driving innovation on the XRPL through the integration of a Decentralized Exchange, an NFT Marketplace and other community-centered services.”
It also produces and publishes content “about the XRPL, NFTs and the crypto industry as a whole to educate the community and lower the barriers of entry for new blockchain entrants.”
Pastel claims to be the “preeminent protocol standard for NFT technology.”
Pastel also “allows for the development of third-party applications to sit on top of its Network, enabling developers to enjoy the scalable registration features, storage processes and security of the broader ecosystem.”
Lightweight protocols such as Sense — which was built to assess the relative rareness of a given NFT against near-duplicate metadata — and Cascade — which conducts permanent, distributed storage of underlying NFT data — “can be integrated across any native L1 blockchains or L2 marketplaces.”