dWallet Network Introduces MultiChain DeFi and Gaming Trust Protocols to Aptos
dWallet Network, a pioneer in multi-chain technology, has recently announced its expansion to Aptos, a prominent Layer-1 blockchain recognized for its speed and security. According to the latest updates shared with Finbold on June 7th, this integration aims to introduce Zero Trust Protocols (ZTPs) and seamless multi-chain interoperability to Aptos’ decentralized finance (DeFi) and gaming ecosystems.
Using dWallet’s Zero Trust architecture, ZTPs on Aptos will now be able to conduct transactions across various blockchains, including Bitcoin (BTC) and Ethereum (ETH). This integration will provide developers with the necessary tools to create ZTPs with decentralized dWallets, facilitating effortless multi-chain interactions within the Web3 environment.
Aptos distinguishes itself with its high-throughput, low-latency blockchain that leverages the Move smart contract language to offer a robust platform for building advanced applications with minimal gas fees. With the incorporation of dWallet Network’s technology, developers can now enable native BTC and ETH transactions, enhancing the DeFi projects on Aptos significantly.
dWallet Network’s technology serves as a foundational building block that enables asset control and enforces logic across any network. The generated signatures by dWallet are indistinguishable from regular user signatures, even on non-smart contract networks like Bitcoin, allowing the creation of ZTPs that operate seamlessly across networks without the need for bridging or wrapping.
To implement the Zero Trust primitive, dWallet Network utilizes a cutting-edge threshold protocol known as 2PC-MPC. This protocol enables the generation of ECDSA signatures by requiring participation from both end-users and multiple validators, potentially numbering in the hundreds or thousands. Professor Benny Pinkas, a researcher at Aptos, commended the protocol for its innovative approach to multi-chain Zero Trust.
Omer Sadika, Co-Founder of dWallet Network, expressed his excitement about the expansion to Aptos, highlighting the potential for ZTPs to revolutionize DeFi and gaming protocols within the Aptos ecosystem. This milestone is expected to enhance flexibility, security, and interoperability in multi-chain DeFi and gaming, offering developers new opportunities and users a more enriching blockchain experience.