Projects like #Portal and the new #KAITO ones can only be done on the side; the focus should really be on the two hot projects, #MemeX and #Anoma, which dominate the charts every day.
@MemeX_MRC20 is the second person at Trump's dinner, and this event is a quick 700,000 USD; just entering the top 500 means money, showing strong capability.
@anoma has raised over 60 million USD, and this event places great importance on the Chinese-speaking region, with a fully expanded scope.
I’d like to take a leave of absence; I’m now setting off for a self-driving trip to Yunnan for the summer vacation, so I might be less active on Twitter today. Please understand if my replies are delayed 🙏🙏#KAITOAI #YAPS @KaitoAI
I didn't expect #Portal to be so competitive. I've tried a few times but couldn't make it onto the leaderboard. But I won't give up; I will keep pushing forward 💪💪
Last night, @PortaltoBitcoin tweeted about the future of cross-chain transactions. The key point is how Portal is redefining "interoperability" between blockchains through innovative design, aiming to hide itself behind the user experience and become a smooth infrastructure that is almost imperceptible.
The tweet mentioned that traditional cross-chain solutions rely on a network of validators, relayers, oracles, and complex governance layers. These elements not only make the system more fragile but also increase security risks. The most frustrating part is that users have to trust these intermediaries, which completely contradicts the original intention of blockchain's "decentralization and trustlessness."
Portal has taken a new approach, not using validators to confirm cross-chain states, nor relying on synthetic tokens and traditional bridges. They created a "trustless coordination layer" that allows for direct swaps of native assets across different chains through atomic swaps. Transactions either succeed, and both parties receive the desired assets, or they fail and are canceled without any extra cleanup needed. This significantly reduces custodial risks and the possibility of asset loss.
#Portal's ambition is not to be an eye-catching package but to run quietly in the background like water and electricity. Users can directly swap BTC for ETH in their wallets or perform cross-chain operations on DEXs without worrying about what Portal is doing.
The tweet also mentioned "Bitscaler," which is a key player in traffic coordination related to #Portal's plans for Bitcoin DeFi expansion. Bitscaler moves transactions off-chain, alleviating pressure on the Bitcoin mainnet and making transactions faster and smoother.
Portal's "stealth" strategy aligns well with the current trends in the blockchain industry. In recent years, there has been a growing preference for simple, trustless systems, while complex bridges are gradually falling out of favor.
In April 2024, Bitcoin launched the Runes protocol, enhancing its potential as an asset platform. #Portal's Bitscaler is riding this trend, aiming to transform Bitcoin from "digital gold" into a hardcore player in DeFi.
Atomic swap technology gained popularity in 2023 because it is fast and secure for trustless cross-chain transactions, perfectly aligning with #Portal's philosophy. #KAITO #Yaps #KaitoAI

18.94K
78
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.