Native Bitcoin

Avail has partnered with dWallet Network to launch a native Bitcoin Rollup

ChainCatcher news, according to Chainwire, modular blockchain solution provider Avail has announced a partnership with dWallet Network to introduce native Bitcoin Rollup functionality within the Avail ecosystem. This collaboration will leverage dWallet's multi-party computation (MPC) infrastructure, allowing users to natively manage their BTC assets in any Rollup of the Avail ecosystem without relinquishing control over their digital assets.Under the terms of the partnership, Avail's Rollup smart contracts will be able to programmatically manage native BTC for the first time while retaining user ownership. This initiative represents a shift from traditional cross-chain solutions that may involve collusion risks (such as bridging technologies) to a non-colluding decentralized multi-chain layer solution. Avail co-founder Anurag Arjun stated that this collaboration not only enhances the programmability of BTC but also enables the implementation of Layer-2 chains or Rollups on top of the Bitcoin network.It is reported that this integration is achieved through Avail Nexus, which employs zero-knowledge collaborative Rollups, embedding light clients based on validity proofs and execution proof aggregation technology. This crucial step will help unify the Web3 ecosystem and enable developers to leverage Avail Fusion to borrow security from native assets of mature ecosystems like BTC and ETH.Additionally, the integration with dWallet Network will facilitate the implementation of the Fusion Security model, which, once launched, will allow users to securely hold BTC, ETH, or other assets and stake them through dWallets to enhance the security of the Avail ecosystem while maintaining ownership of their native assets. This will introduce the first native multi-chain staking/re-staking solution aimed at ensuring consensus security across different blockchains.
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