The integration is touted to allow users to natively manage Bitcoin on any rollup in Avail’s data availability ecosystem without bridging or wrapping BTC.
) users will soon be able to access smart contract functionality without having to bridge, wrap or relinquish control of their BTC through a new integration between dWallet Network and Avail.
“Cross-chain solutions like bridges or federated MPC are broken because users must sacrifice their ownership to use them by giving away their BTC. Since the ownership is transferred, a collusion or hack could easily drain the assets. This issue already results in billions of dollars stolen.
“The fact that the dWallet generates a Bitcoin signature means the logic will be enforced on native BTC on Bitcoin and not using a representation of BTC, like wrapped tokens.”
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