Close Menu
AlexaBlockchain
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
Facebook X (Twitter) Instagram
Sunday, June 1
  • Advertise
  • Crypto PR
  • Partner
  • Submit Press Release
  • Contact Us
X (Twitter) Facebook LinkedIn Instagram
AlexaBlockchain
Banner
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
AlexaBlockchain
You are at:Home » Waterfall Network Integrates with Portal DeFi to Improve Cross-chain Bitcoin Transactions
News

Waterfall Network Integrates with Portal DeFi to Improve Cross-chain Bitcoin Transactions

Features like Atomic Swaps, AMM contracts, and Layer 2 integration make transactions faster, cheaper, and more secure, setting an industry precedent.
Arun ShakyawarBy Arun ShakyawarJanuary 30, 2024Updated:January 30, 2024No Comments3 Mins Read
Twitter Facebook LinkedIn Reddit Email WhatsApp
Waterfall Network Integrates with Portal DeFi to Improve Cross-chain Bitcoin Transactions
Waterfall Network Integrates with Portal DeFi to Improve Cross-chain Bitcoin Transactions. Phot: Sergii Grybniak, BlueWave CTO and Waterfall Network Head of Research.
Share
Twitter Facebook LinkedIn Pinterest Reddit Telegram Email WhatsApp

Quick Take

Waterfall Network and Portal DeFi join forces to revolutionize blockchain by solving the speed, security, and scalability trilemma. The integration offers a seamless bridge between Bitcoin and digital assets, promising fast, secure cross-chain transactions.

Waterfall Network Integrates with Portal DeFi to improve DEX functionality, enabling secure and private cross-chain transactions between Bitcoin and other digital assets

L1 protocol Waterfall Network has announced its integration with Portal DeFi, a self-hosted wallet and a bridgeless cross-chain layer two DEX built on Bitcoin. This strategic partnership aims to tackle the longstanding trilemma of speed, security, and scalability in the world of blockchain and is poised to bring significant innovations to the DeFi landscape.

Waterfall Network’s protocol offers a compelling solution to the trilemma by providing a layer one infrastructure that addresses the core issues of blockchain technology. This integration becomes especially noteworthy due to Waterfall’s compatibility with the Ethereum Virtual Machine (EVM), which ensures seamless adoption by the vast existing Ethereum developer community, eliminating the need to learn new programming languages. Additionally, Waterfall Network incorporates a revolutionary “Directed Acyclic Graph (DAG)” technology that promises virtually unlimited scalability and portability of decentralized applications (dApps) while maintaining low processing power requirements, making it accessible to anyone interested in running a validator node.

Portal DeFi’s role in this partnership is equally significant. As a bridgeless cross-chain layer two DEX, it introduces a novel approach to cross-chain transactions, facilitating seamless, rapid, and secure asset transfers between Bitcoin and other digital assets. This innovation is particularly timely, given the increasing popularity of different blockchain chains and assets.

Sergii Grybniak, BlueWave CTO and Waterfall Network Head of Research, emphasized the industry-first nature of this collaboration, stating, “The combination of AMM and Layer 2 to make transactions faster, cheaper, and more secure represents a significant industry-first. Waterfall Network recognizes the increasing popularity of chains and assets in the future and we’re pleased to partner with Portal to improve cross-chain transactions built on the robust foundation of Bitcoin.”

Key highlights of the integration include:

  • Atomic Swaps Functionality: Portal’s Layer 2 cross-chain Atomic Swaps functionality, integrated into Waterfall Network’s ecosystem, ensures secure and private transactions between Bitcoin and other digital assets, eliminating the need for traditional bridge solutions.
  • AMM Contracts and Layer 2 Integration: Through Automated Market Maker (AMM) contracts compatible with various chains, the integration simplifies the process of fast, cost-effective, and private swaps.
  • Testnet Progress and Mainnet Launch: Portal DEX is currently undergoing testing, with contracts undergoing rigorous reviews. Simultaneously, Waterfall Network recently released its Testnet 8, setting the stage for mainnet launches in the coming months.

Chandra Duggirala, Co-founder and CEO of Portal, highlighted the advantages of this integration over traditional bridge solutions, stating, “Unlike traditional bridge solutions and wrappers that can be cumbersome, custodial, and vulnerable to security threats, Portal’s integration with Waterfall Network will enable fast and secure transactions.”

The collaboration between Waterfall Network and Portal DeFi signifies the convergence of cutting-edge technology and industry expertise. Waterfall Network’s focus on speed and scalability, combined with Portal’s innovative approach to cross-chain transactions, positions both entities as leaders in the rapidly evolving DeFi landscape. This partnership marks a significant step forward in the quest for mass adoption and continuous innovation within the blockchain industry, promising a secure, efficient, and user-friendly platform for cross-chain transactions. As pioneers in their respective domains, they are set to reshape the future of DeFi and accelerate the industry’s growth.

Read Also: Waterfall Network Raises $2M Funding Ahead of its 2024 Mainnet Launch

DeFi Partnership Portal Waterfall Network
Share. Twitter Facebook LinkedIn Reddit Pinterest Tumblr Telegram Email WhatsApp
Arun Shakyawar
  • Website
  • X (Twitter)
  • LinkedIn

Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at arun@alexablockchain.com.

More AlexaBlockchain

QFSCOIN Launches Affordable Cloud Mining Contracts to Democratize Bitcoin Access

May 30, 2025

Liquidium Launches Cross-Chain Bitcoin Lending Without Wrapped Tokens or Bridges

May 28, 2025

Katana Launches High-Yield DeFi Blockchain Backed by GSR and Polygon Labs

May 28, 2025

Sony’s Soneium Brings Viral Telegram Game Sleepagotchi to 200M Users via LINE

May 27, 2025

Taurus, Parfin to Build Institutional Digital Asset Infra Across Europe and LatAm

May 27, 2025

WalletConnect Launches WCT on Solana with 5M Airdrop, Goes Multichain via Wormhole

May 23, 2025
Add A Comment

Comments are closed.

Don't Miss

QFSCOIN Launches Affordable Cloud Mining Contracts to Democratize Bitcoin Access

Liquidium Launches Cross-Chain Bitcoin Lending Without Wrapped Tokens or Bridges

Katana Launches High-Yield DeFi Blockchain Backed by GSR and Polygon Labs

Sony’s Soneium Brings Viral Telegram Game Sleepagotchi to 200M Users via LINE

Trending Topics
  • Blockchain News
  • Blockchain Technology
  • Blockchain Platforms
  • Blockchain Regulation
  • Bitcoin News
  • Ethereum News
  • Ripple News
  • Tezos News
  • CBDC
  • NFTs
Featured Companies
  • Binance
  • Tech Mahindra
  • Huobi
  • Efforce
  • Future FinTech Group
  • SuburbanColors
  • Launchpool Labs
  • Lucky Crab Club
  • SIMBA Chain
  • Bulldog Law
Stay Updated
  • Events
  • Newsletters
  • Follow
  • Follow on Google News
  • Blockchain Directory
Get In Touch
  • Crypto PR
  • Advertise
  • Partner
  • About
  • Masthead
  • Careers
  • Write for Us
  • Submit Press Release
  • Submit Guest Post
  • Contact US
Copyright © 2025. AlexaBlockchain
  • About
  • Advertise
  • Crypto PR
  • Submit Press Release
  • Write for Us
  • Careers
  • Privacy Policy
  • Affiliate Disclosure
  • Disclaimer
  • Contact

Type above and press Enter to search. Press Esc to cancel.