Aptos incorporates dWallet to enable greater multi-chain functionality

  • The multi-chain technology dWallet has declared its entry onto the layer-1 blockchain with the goal of improving web3 and DeFi gaming user experience.

Zero Trust Protocols (ZTPs) are intended to be introduced to the decentralized L1 network through the expansion of dWallet’s technological stack to Aptos. This will improve native multi-chain interoperability within the Aptos ecosystem.

Omer Sadika, a co-founder of dWallet Network, emphasized that users can perform native Bitcoin (BTC) and Ethereum (ETH) transactions to the chain without bridging or token wrapping restrictions thanks to the relationship with Aptos.

By doing this, defi and gaming take a great step closer to realizing a multi-chain future. Written by Sadika.

By offering incentives for on-chain involvement, dWallet Network’s cryptographic 2PC-MPC architecture onboards more users and clients into the defi ecosystem.

Professor Benny Pinkas, an Aptos researcher, expressed excitement about developers in the Aptos ecosystem being able to create ZTPs that function flawlessly and securely throughout the entire Web3 protocol. He praised the collaboration as a forward-thinking effort by the L1 network.

Aptos is a monolithic, Ethereum Virtual Machine-incompatible L1 that was introduced in October 2022. The platform’s proof-of-stake consensus mechanism allows for speedy, inexpensive transactions and lower energy requirements.

Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Puskar Pande

Leave a Reply