dWallet Network introduces multichain DeFi and gaming trust protocols to Aptos
dWallet Network, a trailblazer in multi-chain technology, has recently announced its expansion to Aptos, a prominent Layer-1 blockchain recognized for its speed and security. This move, as revealed in the latest updates shared with Finbold on June 7, aims to introduce Zero Trust Protocols (ZTPs) and seamless multi-chain interoperability to Aptos’ decentralized finance (DeFi) and gaming ecosystems.
By incorporating dWallet’s Zero Trust architecture, ZTPs on Aptos will now have the capability to conduct transactions on Bitcoin (BTC), Ethereum (ETH), and other blockchains. This integration is set to revolutionize the landscape of Web3 interactions, making it effortless for developers to create decentralized, noncollusive dWallets, thereby enabling seamless multi-chain connectivity.
Aptos is renowned for its high-throughput, low-latency blockchain that utilizes the Move smart contract language to provide a robust platform for developing advanced applications with minimal gas fees. With the integration of dWallet Network, developers on Aptos will now have access to the necessary tools to create ZTPs, facilitating native BTC and ETH transactions within the ecosystem.
Furthermore, dWallet Network’s technology introduces a foundational building block that ensures 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 for 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 requiring participation from both the end-user and multiple validators, paving the way for multi-chain Zero Trust. Professor Benny Pinkas, a researcher at Aptos, commended the innovative 2PC-MPC protocol, highlighting its potential to enable developers in the Aptos ecosystem to create ZTPs that operate securely across Web3.
Co-Founder of dWallet Network, Omer Sadika, expressed his excitement about the expansion to Aptos, emphasizing the opportunities it will bring for DeFi and gaming protocols within the ecosystem. This milestone marks a significant leap towards a future characterized by seamless, Zero Trust, and multi-chain interactions, promising enhanced flexibility, security, and interoperability in the realm of multi-chain DeFi and gaming.
The integration of dWallet Network into Aptos is expected to drive innovation, accelerate adoption, and offer users a richer blockchain experience. It represents a significant stride towards realizing the vision of a decentralized and interconnected blockchain ecosystem.
