Pastel is the first fully decentralized, purpose-built platform for the creation, validation, and trading of provably rare digital assets. By digital assets, Pastel refers to a kind of cryptographically secured, digital collectible that is created in a similar way to how a traditional artist might create a set number of limited-edition physical prints. When initially launching the blockchain, we selected a foundation with the longest proven track record of security, reliability, and decentralization: Bitcoin. The intrinsic data integrity of Pastel is heavily based on the Bitcoin codebase, and the project has a similar orientation towards mining-based proof-of-work and maximum decentralization. Nearly every NFT project completely ignores the problem of storage for the underlying NFT asset. Users incorrectly believe that NFTs are minted and exist in a decentralized manner on the blockchain. However, NFTs are really only non-fungible to the extent they refer to the actual token, not ownership of the rare asset itself. We understand why the world has gravitated towards Ethereum-based digital art solutions so far— it is very quick and easy to develop on the Ethereum platform as specialized Ethereum smart contracts. We designed Pastel from the ground up with our target user in mind. Users can create a PastelID, which consists of a public and private key, to develop an identity on the blockchain.
Introduction
Multi-Layer Structure
Core Features
Built for Builders
User-Friendly Experience
