Avail Partners With dWallet Network To Introduce Native Bitcoin Rollups to Web3

Dubai,
United
Arab
Emirates,
April
2nd,
2024,
Chainwire

Following
the
integration,
users
will
be
able
to
natively
manage
their
BTC
on
any
rollup
in
the
Avail
ecosystem
without
relinquishing
control
over
their
digital
assets

Avail,
a
modular
blockchain
solution
designed
to
unify
Web3
and
optimize
data
availability
(DA)
for
highly
scalable
and
customizable
applications,
has
partnered
with

dWallet
Network,
a
pioneering
non-collusive,
decentralized
multi-chain
layer,
to
bring
programmable
native
Bitcoin
to
rollups
in
the
Avail
ecosystem.

Leveraging
the
newly
unveiled
dWallet
primitive,
smart
contracts
using
rollups
built
on
Avail
DA
will
be
able
to
programmatically
manage
native
BTC
for
the
first
time
while
preserving
user
ownership.
This
marks
a
paradigm
shift
from
emerging
Bitcoin
L2
solutions
that
predominantly
rely
on
collusive
and
often
risky
cross-chain
solutions,
such
as
bridges,
where
the
user
must
sacrifice
ownership
of
their
BTC.

“Allowing
BTC
to
be
used
programmatically
on
other
blockchains
via
a
trust-minimized
approach
is
a
clever
approach
to
increasing
BTC
adoption.”
said
Anurag
Arjun,
co-founder
Avail.
“Together
with
dWallet,
we
can
enable
Layer-2
chains
or
rollups
on
top
of
the
Bitcoin
network.
Bitcoin
represents
a
superb
base
layer
from
the
DA
perspective,
with
the
highest
security
available
in
the
ecosystem.
As
a
result,
the
dWallet
integration
will
enable
users
to
leverage
arbitrary
execution
and
logic
to
secure
their
BTC
via
a
decentralized
multiparty
computation
(MPC)
solution.”

In
essence,
the
collaboration
aims
to
harness
dWallet’s
MPC
infrastructure
to
enhance
Bitcoin’s
capabilities
by
enabling
the
creation
of
native
bitcoin
rollups
—
ushering
in
more
efficient
and
secure
transactions
and
operations
on
the
Bitcoin
blockchain
and
supporting
a
wider
range
of
functionalities
beyond
simple
transactions.

The
integration
with
the
dWallet
Network,
coupled
with
the
ability
to
control
dWallets
from
a
smart
contract
on
any
Avail
rollup,
was
made
possible
through
Avail
Nexus,
a
zero-knowledge
coordination
rollup
embedding
validity-proof
based
light
clients
and
execution
proof
aggregation.
This
pivotal
move
towards
the
unification
of
Web3
will
also
enable
developers
to
power
Avail
Fusion’s
borrowed
security
from
native
assets
of
the
most
mature
ecosystems,
including
BTC,
ETH,
and
others.

Furthermore,
the
dWallet
Network
integration
will
facilitate
the
Fusion
Security
model
when
it
goes
live,
empowering
users
to
securely
hold
their
BTC,
ETH,
or
other
assets
in
dWallets
and
stake
them
to
bolster
the
safety
of
the
Avail
ecosystem,
all
while
maintaining
ownership
of
their
native
assets.
This
introduces
the
first
native
multi-chain
staking/restaking
solution
aimed
at
securing
the
consensus
of
a
different
blockchain.

To
implement
the
dWallet
primitive,
the
dWallet
Network
utilizes
2PC-MPC,
the
state-of-the-art
protocol
invented
by
its
team.
This
industry-first
multiparty
protocol
enables
the
generation
of
an

ECDSA
signature
in
a
non-collusive
way,
requiring
participation
from
both
the
end-user
and
a
significant
number
of
nodes,
the
number
of
which
could
potentially
reach
hundreds
or
thousands.

dWallet
technology
allows
a
Solidity
smart
contract
on
an
Avail
rollup
to
create
Bitcoin
signatures
and
enables
developers
to
manage
a
dWallet.
Meanwhile,
the
dWallet
Network
mandates
approval
from
the
Avail
rollup
smart
contract
for
logic
enforcement,
requiring
users
to
finalize
the
signature
to
prevent
collusion
and
asset
theft.
Whether
for
Web3
applications
in
custody,
DeFi,
DAOs,
gaming,
or
other
domains,
any
protocol
on
an
Avail
rollup
can
leverage
dWallets
for
enhanced
functionality
and
secure
interoperability.

“We
are
excited
to
team
up
with
Avail
because
our
visions
of
a
unified
Web3
have
so
much
in
common,
with
both
companies
striving
to
bring
countless
disparate
ecosystems
together,”
noted
Omer
Sadika,
co-founder
of
dWallet
Network.
“We
firmly
believe
that
the
future
of
Web3
is
multi-chain,
not
cross-chain,
and
together
with
Avail,
we
will
continue
to
work
tirelessly
on
making
this
vision
a
reality.”

This
latest
integration
aligns
perfectly
with
Avail’s
mission
to
unify
Web3,
for
which
it’s
already
employing
a
comprehensive
full-stack
architecture
that
comprises
three
innovative
solutions
—
DA,
Nexus,
and
Fusion
Security
—
to
help
usher
in
the
rollup
future
and
solve
the
growing
scalability
pains
of
the
blockchain
industry.

Avail
DA
stands
as
the
initial
cornerstone
element
of
the
Avail
trinity,
offering
expansive
blobspace
for
rollup
developers
and
serving
as
a
foundational
layer
for
a
diverse
and
vibrant
ecosystem
of
rollups.
Avail
Nexus,
aimed
at
unifying
the
ecosystem
beyond
the
blockchains
built
atop
Avail’s
DA
layer,
employs
Avail
DA
as
the
trust
anchor
for
ecosystem-wide
coordination. 

Lastly,
Fusion
Security
will
offer
additional
protection
to
an
expanding
network
of
rollups
and
blockchains,
thus
enhancing
Avail’s
consensus
mechanism.
Supercharging
the
Avail
trinity
with
dWallets
accelerates
the
unification
of
Web3,
addresses
issues
of
fragmentation,
and
paves
the
way
for
a
completely
integrated,
secure,
and
native
experience
across
all
Web3
ecosystems.

About
Dwallet
Network

dWallet
Network
is
the
home
of
dWallets
–
programmable
and
transferable
signing
mechanisms
that
live
on-chain.
dWallet
Network
empowers
builders
on
L1s
and
L2s
to
utilize
dWallets
as
a
building
block
for
managing
assets
&
enforcing
logic
across
all
of
Web3
in
a
decentralized
and
noncollusive
way.

For
more
information,
users
can
visit:

https://dwallet.io/

About
Avail

Avail
is
building
a
unification
layer
to
solve
rollup
fragmentation
and
scalability.
Avail
addresses
this
from
first
principles
with
its
three
phase
roadmap,
the
Avail
Trinity.
Starting
with
Avail
DA,
the
validity
proven
data
availability
layer
that
scales
with
demand,
followed
by
Nexus
for
permissionless
unification,
and
Fusion
for
shared
security.
Blockchain
and
rollup
developers
can
submit
transaction
data
to
Avail
DA
today
and
inherit
the
security
and
benefits
of
Avail’s
KZG
commitments
and
light
clients
with
data
availability
sampling.
Start
building
today,
because
the
unification
of
web3
is
coming!

For
more
information,
users
can
visit:

https://www.availproject.org/

Contact

Siva
Sagiraju
Marketing
lead
dWallet
Network
[email protected]