Mon, Dec 23 2024
The multi-chain technology dWallet has declared its entry onto the layer-1 blockchain with the goal of improving web3 and DeFi gaming user experience.
Zero Trust Protocols (ZTPs) are intended to be introduced to the decentralized L1 network through the expansion of dWallet's technical stack to Aptos. This will improve native multi-chain interoperability within the Aptos ecosystem.
Omer Sadika, a co-founder of dWallet Network, emphasized that users may perform native Bitcoin (BTC) and Ethereum (ETH) transactions to the chain without bridging or token wrapping restrictions thanks to the relationship with Aptos.
As Sadika put it, "doing so broadens horizons for defi and gaming"—a monumental step toward the realization of a multi-chain future.
By offering incentives for on-chain involvement, dWallet Network's cryptographic 2PC-MPC architecture onboards additional users and clients into the defi ecosystem.
Professor Benny Pinkas, an Aptos researcher, expressed excitement about developers in the Aptos ecosystem being able to create ZTPs that function flawlessly and securely over the whole Web3 protocol. He praised the partnership as a forward-thinking action by the L1 network.
Aptos is a monolithic, Ethereum Virtual Machine-incompatible L1 that was introduced in October 2022. The platform's proof-of-stake consensus method allows for speedy, inexpensive transactions and lower energy needs.
Leave a Comment