ptb
Portal to Bitcoin (PTB) represents a foundational advancement in Bitcoin interoperability technology that fundamentally reimagines Bitcoin's role in decentralized finance. At its core, the protocol leverages BitScaler - an innovative multi-party channel solution that creates a bridgeless infrastructure for scaling Bitcoin beyond its traditional limitations while preserving its core security guarantees. Unlike conventional approaches that rely on bridges, wrapped assets, or custodial intermediaries, Portal enables native-to-native atomic swaps between Bitcoin and other blockchains through a sophisticated implementation of Multi-Party Hash Time-Locked Contracts (MP-HTLCs) combined with non-custodial signing delegation. This technical architecture allows liquidity providers to participate in cross-chain trading without surrendering custody of assets, addressing one of the most persistent security concerns in the cryptocurrency ecosystem. The protocol's modular design centers around Portal OS, a validator-run software platform that integrates full nodes from multiple chains while ensuring validators never hold user funds. This infrastructure supports the Portal Attestation Chain (PAC), which records all cross-chain transactions in a verifiable manner without introducing new trust assumptions. Portal's technical breakthrough lies in its Modified Multi-Party Channel (MPCh) factories, which significantly enhance Bitcoin's capital efficiency by enabling multiple payment channels to share parameters through a single on-chain transaction, reducing blockchain congestion while increasing throughput for cross-chain operations. PTB serves as the native token that powers Portal's economic security model through a sophisticated validator selection process limited to 42 slots per epoch, creating competitive demand that drives organic token utility. The project's tokenomics incorporate deflationary mechanisms where 100% of the 0.3% protocol fee automatically purchases and burns PTB, with the objective of eventually burning more tokens than emitted as network activity grows. Strategic partnerships with ecosystem players like Bitfinity, Mode Network, and Stacking DAO demonstrate industry recognition of Portal's technical approach to Bitcoin interoperability. Portal's technology stack includes a Swap SDK that enables seamless integration for developers, a liquidity router that abstracts away the complexity of cross-chain exchanges, and a reference multicurrency wallet supporting over 3,000 tokens with built-in DEX functionality. The protocol has processed over 14 million atomic swaps on testnet, demonstrating scalability before mainnet launch, and incorporates AIgent technology through its RAFA protocol to provide intelligent trading assistance while maintaining custody. By enabling Bitcoin to serve as a true settlement layer for millions of markets without compromising on self-sovereignty or security guarantees, Portal to Bitcoin represents a significant evolution in Bitcoin's utility within the broader decentralized finance ecosystem.
$0.072
Summarize recent on chain activityPortal to Bitcoin recent Whale ActivityCoins top profitable wallets of Portal to Bitcoin are buying
Market Cap
$148,529,135
24h Trading Vol
$100,197,859
All Time High
N/A
All Time Low
N/A
Total Supply
N/A
Max Supply
∞
Circulating Supply
N/A
Categories
Chains
EthereumContracts
0x30a2...67d3
