Avail, a blockchain solution aiming to streamline Web3 integration and enhance data availability, has forged a strategic partnership with dWallet Network, a decentralized multi-chain layer provider. This collaboration aims to introduce programmable native Bitcoin capabilities to rollups within the Avail ecosystem, while ensuring users retain full control over their digital assets.
The integration leverages dWallet Network’s innovative technology, allowing smart contracts on Avail’s rollups to manage native BTC without users needing to relinquish ownership. This departure from traditional Bitcoin Layer 2 solutions, which often involve centralized bridges, marks a significant advancement in ensuring user sovereignty and security.
The collaboration is poised to enhance Bitcoin’s functionality by enabling the creation of native bitcoin rollups, facilitating more efficient and secure transactions and operations on the Bitcoin blockchain. Moreover, it supports a broader range of functionalities beyond simple transactions, paving the way for a more versatile ecosystem.
This integration is made possible through Avail Nexus, a coordination rollup embedding zero-knowledge validity proof-based light clients and execution proof aggregation. It also facilitates Avail Fusion’s borrowed security from mature ecosystems like BTC and ETH, fostering a more robust security model.
Furthermore, the dWallet Network integration will enable the Fusion Security model, allowing users to securely hold their assets in dWallets and stake them to enhance the security of the Avail ecosystem, all while retaining ownership of their assets. This introduces a novel native multi-chain staking/restaking solution aimed at securing the consensus of different blockchains.
The dWallet Network employs state-of-the-art 2PC-MPC protocol, enabling non-collusive generation of ECDSA signatures, ensuring security and preventing asset theft. This technology allows Solidity smart contracts on Avail rollups to create Bitcoin signatures and manage dWallets, enhancing functionality and interoperability across various domains.
This partnership underscores Avail’s commitment to unifying Web3, addressing scalability challenges in the blockchain industry. With Avail DA, Nexus, and Fusion Security, the collaboration aims to provide a comprehensive solution to foster a more integrated, secure, and native experience across Web3 ecosystems.
