DeFi
dWallet Network Brings DeFi and Gaming Multi-Chain Trust Protocols to Aptos
dWallet Network, a multi-chain network technology pioneer, announced its expansion with Aptos, a leader Layer 1 blockchain known for its speed and security, according to the latest updates shared with Finbold on June 7.
The integration aims to introduce Zero Trust Protocols (ZTP) and seamless multi-chain interoperability for Aptos (APT) decentralized finance (Challenge) And game ecosystems.
By leveraging dWallet’s Zero Trust architecture, ZTPs on Aptos will be able to execute transactions on Bitcoin (BTC), Ethereum (ETH), and other blockchains.
Effortless multi-chain Web3 interactions
Aptos stands out for its high-throughput, low-latency blockchain using the Move smart contract language to create a robust platform for building advanced applications with minimal gas fees.
With the integration of the dWallet network, developers will have the tools to create ZTPs with decentralized, non-collusive dWallets, enabling effortless multi-chain interactions across Web3.
This development is particularly important for DeFi projects on Aptos, as it enables native BTC and ETH transactions.
dWallet Technology
Additionally, dWallet Network’s technology introduces a building block that enables asset control and applies logic across any network.
Signatures generated by dWallet are indistinguishable from a typical user signature, even on non-smart contract networks like Bitcoin.
Such capability facilitates the creation of ZTPs that operate on networks without bridging or wrapping, respecting the principles of decentralization.
2PC-MPC protocols
To implement dWallet’s Zero Trust primitive, dWallet Network uses a state-of-the-art threshold protocol called 2PC-MPC.
This protocol allows the generation of an ECDSA signature requiring the participation of both the end user and numerous validators, which may number in the hundreds or thousands.
Professor Benny Pinkas, researcher at Aptos, commented on the protocol, saying:
“The dWallet team conducted pioneering research in cryptography to introduce the innovative 2PC-MPC protocol, enabling multi-chain Zero Trust. I’m excited that developers in the Aptos ecosystem will be able to develop ZTPs that work seamlessly across Web3 in a cryptographically secure manner.
Towards a richer blockchain experience
Omer Sadika, co-founder of dWallet Network, expressed his excitement about Aptos’ expansion, saying:
“We are excited to bring our decentralized, non-collusive dWallet building block to the fast and secure Aptos blockchain to enable ZTPs. This expands the horizons of DeFi and gaming protocols within the Aptos ecosystem, and represents an important step towards realizing our vision of a transparent, Zero Trust, and multi-chain future.
The integration of the dWallet network with Aptos marks an important milestone, promising to improve the flexibility, security and interoperability of DeFi and multi-chain gaming.
This integration is poised to drive innovation and accelerate adoption, providing developers with new opportunities and providing users with a richer blockchain experience.