dWallet Network Introduces MultiChain DeFi and Gaming Trust Protocols to Aptos
dWallet Network, a trailblazer in multi-chain technology, has revealed 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 7.
This integration is set to introduce Zero Trust Protocols (ZTPs) and seamless multi-chain interoperability to Aptos’ decentralized finance (DeFi) and gaming ecosystems. By utilizing dWallet’s Zero Trust architecture, ZTPs on Aptos will have the capability to conduct transactions on Bitcoin (BTC), Ethereum (ETH), and other blockchains.
Aptos is distinguished by its high-throughput, low-latency blockchain that utilizes the Move smart contract language to establish a sturdy platform for constructing advanced applications with minimal gas fees. With the integration of dWallet Network, developers will possess the necessary tools to create ZTPs with decentralized, non-collusive dWallets, facilitating effortless multi-chain interactions across Web3.
This advancement holds particular significance for DeFi projects on Aptos, as it enables native BTC and ETH transactions. Additionally, dWallet Network’s technology introduces a foundational building block that enables asset control and enforces logic across any network. dWallet-generated signatures are indistinguishable from a regular user signature, even on non-smart contract networks like Bitcoin, enabling the creation of ZTPs that operate across networks without the need for bridging or wrapping, thus upholding decentralization principles.
To implement the dWallet’s Zero Trust primitive, dWallet Network employs a cutting-edge threshold protocol known as 2PC-MPC. This protocol enables the generation of an ECDSA signature that requires participation from both the end-user and numerous validators, potentially numbering in the hundreds or thousands.
Professor Benny Pinkas, a researcher at Aptos, commended the protocol, stating: “The dWallet team conducted groundbreaking cryptography research to introduce the innovative 2PC-MPC protocol, enabling multi-chain Zero Trust. I am thrilled about developers within the Aptos ecosystem being able to develop ZTPs that function seamlessly across all of Web3 in a cryptographically secure manner.”
Omer Sadika, Co-Founder of dWallet Network, expressed his excitement about the expansion to Aptos, remarking: “We are thrilled to bring our decentralized, non-collusive dWallet building block to the fast and secure Aptos blockchain to enable ZTPs. This move expands horizons for DeFi and gaming protocols within the Aptos ecosystem, representing a significant step towards realizing our vision of a seamless, Zero Trust, and multi-chain future.”
The introduction of dWallet Network to Aptos signifies a major milestone, promising to enhance flexibility, security, and interoperability in multi-chain DeFi and gaming. This integration is poised to drive innovation, accelerate adoption, provide developers with fresh opportunities, and deliver users with a more enriched blockchain experience.