HomeNewsdWallet Network Brings Multi-Chain DeFi and Gaming to Aptos

dWallet Network Brings Multi-Chain DeFi and Gaming to Aptos

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dWallet Network, a pioneer in native multi-chain technology, is excited to announce its expansion to Aptos, a fast and secure Layer-1 blockchain. This integration aims to introduce Zero Trust Protocols (ZTPs) with native multi-chain interoperability into the DeFi and gaming ecosystems on Aptos, unlocking unprecedented multi-chain experiences.

Aptos is well-regarded for its secure, high-throughput, and low-latency blockchain capabilities. Utilizing the Move smart contract language, it provides developers with a robust and secure platform for building sophisticated applications while maintaining extremely low and consistent gas fees. With the integration of dWallet Network, Aptos developers can now create ZTPs with native, non-collusive, and decentralized dWallets, facilitating seamless multi-chain interactions across Web3.

Revolutionizing DeFi with Zero Trust Protocols

This expansion is particularly significant for DeFi initiatives on Aptos, offering the groundbreaking ability to include native Bitcoin (BTC) and Ethereum (ETH) transactions, a significant milestone in blockchain interoperability and functionality. dWallet Network introduces a new fundamental building block that enables control over any asset and the enforcement of any logic across any network. dWallets employ cryptographic signatures, traditionally the default method for authenticating to blockchain networks, making a dWallet-generated signature indistinguishable from a regular user’s signature from a network perspective.

This unique capability extends even to non-smart contract networks like Bitcoin, enabling the creation of ZTPs that operate across networks without bridging or wrapping, and upholding Web3 principles of decentralization and user ownership. The dWallet Zero Trust framework represents a significant step towards achieving truly user-centric, interconnected, and flexible blockchain infrastructure.

Omer Sadika, Co-Founder of dWallet Network, expressed his enthusiasm about the expansion to Aptos, stating,

“We are excited to bring our decentralized, non-collusive dWallet building block to the fast and secure Aptos blockchain to enable ZTPs. Doing so broadens horizons for DeFi and gaming protocols within the Aptos ecosystem and represents a significant leap towards realizing our vision of a seamless, Zero Trust, and multi-chain future.”

State-of-the-Art Multi-Chain Security

To implement the dWallet’s Zero Trust primitive, dWallet Network utilizes 2PC-MPC, a state-of-the-art threshold protocol developed by its team. This industry-first MPC protocol enables the generation of an ECDSA signature in a non-collusive way, requiring participation from both the end-user and a large number of validators, potentially reaching hundreds or even thousands.

Professor Benny Pinkas, a researcher at Aptos, commented on the integration,

“The dWallet team led pioneering cryptography research to introduce the innovative 2PC-MPC protocol, enabling multi-chain Zero Trust. I’m excited about developers in the Aptos ecosystem being able to develop ZTPs that operate seamlessly across all of Web3 in a cryptographically secure way.”

The integration of dWallet Network into Aptos marks a significant milestone, promising to bring unprecedented flexibility, security, and interoperability to multi-chain DeFi and gaming. As this collaboration unfolds, it is set to catalyze innovation and accelerate adoption, opening new avenues for developers and providing users with richer, more diverse blockchain experiences.

For press enquiries, please contact:

Siva Sagiraju, Marketing Lead Siva@dwalletlabs.com

About dWallet Network:

dWallet Network enables Zero Trust Protocols (ZTPs) that maintain native Zero Trust security while operating across different networks. ZTPs powered by dWallet Network can swap, borrow against, or stake native BTC (or any other native asset), bringing programmable native BTC to Layer-1 and Layer-2 solutions, without bridging or wrapping.

About Aptos Network:

Aptos is a next-generation Layer 1 blockchain. Aptos’ breakthrough technology and programming language, Move, are designed to evolve, improve performance, and strengthen user safeguards. For more information, visit Aptos Foundation.

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AnnJoy Makena
AnnJoy Makenahttps://www.ethnews.com
Annjoy Makena is an accomplished and passionate writer who specializes in the fascinating world of cryptocurrencies. With a profound understanding of blockchain technology and its implications, she is dedicated to demystifying complex concepts and delivering valuable insights to her readers. Business Email: info@ethnews.com Phone: +49 160 92211628