onXRP NFT Marketplace Integrates Pastel’s Enhanced Sense and Cascade Protocols – BlockTribune

onXRP NFT Marketplace integrates Pastel’s Enhanced Sense and Cascade protocols

Announcements, Blockchain, Innovation, News | March 17, 2022 br>
By: David Pimentel

While the past few months have been awash with the rise of mainstream NFT adoption of NFTs, this hype has also brought to light the glaring issues that many markets have yet to address with secure storage and NFT authentication for its users. Over the past 90 days, Google Trends shows that interest in NFT mat pulls and hacks has steadily increased, compared to the current plateau in the crypto market as a whole.

onXRP.com, a technology and content platform providing user-driven innovation to the XRP Ledger (XRPL) and hosting numerous NFT projects, has partnered with pastel networka protocol for NFT technology, to provide enhanced security and a revolutionary NFT storage solution to its users.

Together, Pastel and onXRP will integrate tools into the onXRP marketplace that aim to identify fraudsters using Pastel’s Sense protocol to authenticate NFT scarcity and perform NFT duplication checks as well as ensure data security and storage through its protocol. Cascade. Pastel’s Sense protocol for near-duplicate NFT detection recognizes the subtlest similarities between two digital collectibles, even if one has been transformed. The protocol goes beyond the standard “fingerprint” approach to establishing the rarity of an NFT, and actually examines the rarity of pixel patterns in the data. Sense takes digital fingerprinting a step further by assigning a “relative scarcity score” to quantify how rare an NFT is relative to all NFTs in the underlying dataset.

“Security and authenticity are playing an increasingly central role throughout the NFT sphere,” said Kaj Leroy, CEO of onXRP.com. “With scams and fakes lurking around every corner, more and more people have fallen victim to more and more complex frauds. So far, no established market has implemented a tool like this, and we are proud to announce that we are changing the game and getting ahead of scammers, counterfeits and imitators. We are excited to partner with Pastel Network and will work tirelessly to make the integration of their tools a seamless experience for all users and artists in the onXRP NFT Marketplace.

Pastel Network is the first to have its own fully integrated decentralized storage layer based on advanced technologies such as RaptorQ and Kademlia. Pastel’s Cascade Protocol for Distributed Storage solves another major problem plaguing the NFT space – NFT rug pulls and disappearances. Cascade combats data loss and manipulation by providing permanent, lossless storage. It works by distributing the NFT data in chunks across different SuperNodes in the network, which means that even in the event of a network disruption, the NFTs will still be fully recoverable. Equally important is that users only have to pay once to store forever.

“We are thrilled to be working with the onXRP.com team,” said Anthony Georgiades, co-founder of Pastel Network. “They have huge plans for XRPL, and their NFT Marketplace will feature one of the most requested and game-changing tools available today. Their vision for NFT decentralization aligns with ours, and we are excited to be building with one of XRPL’s most esteemed projects.

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