Don't miss out on the Season 2 rewards from @PortaltoBitcoin!
This prophet feels that not many people are participating, so if it's not competitive, just go for it!
There is less than a week left until the Season 2 rewards end, and there will be a 0.4% $PTB token reward distributed to the prize pool.
Additionally, @PortaltoBitcoin has recently launched the core technology BitScaler.
It is a cutting-edge atomic swap engine that allows for cross-chain movement of BTC without the need for bridges or wrapping assets.
In simple terms, it enables fast and secure transfers of Bitcoin between different blockchains (like Bitcoin, Ethereum, Solana), allowing users to always maintain control of their funds without the risk of third-party custody.
If you haven't participated, you can still catch up at the last minute.
" @PortaltoBitcoin launches the innovative framework BitScaler "
➣ BitScaler is an innovative framework developed by the @PortaltoBitcoin team, aimed at scaling Bitcoin into a highly scalable, non-custodial global financial layer.
The project is led by Chief Engineer Casey Bowman and Chief Technology Officer Manoj Duggirala, combining modular design, first principles, and the pursuit of sound money, built directly on top of the Bitcoin layer.
1️⃣ The vision of Portal
is to transform Bitcoin from "digital gold" into a complete financial layer, with Manoj providing the strategic vision and Casey translating it into code, merging monetary theory with modular software design.
2️⃣ Overview of BitScaler
① Multi-party channel factory: Supports thousands of off-chain channels through a single Taproot anchor transaction, requiring only one on-chain settlement, significantly reducing on-chain occupancy.
② Hub-and-spoke liquidity: Non-custodial hubs coordinate atomic swaps, keeping funds trustless, supporting shared liquidity pools and AMM.
③ Atomic swaps and HTLC: Triple HTLC ensures transaction atomicity, compatible with any blockchain that supports HTLC (EVM or non-EVM).
④ Delegated activity: Liquidity providers can delegate signatures to operators (like watchtowers), reclaiming funds through time-locked paths, eliminating the need for 24/7 online presence.
⑤ Strategy language and Miniscript: Auditable smart contract logic, compiled into Bitcoin scripts, with errors caught at compile time.
⑥ Modular architecture: Hexagonal design isolates components, supporting plug-and-play upgrades (like PTLC), built using Rust, BDK, PSBT, and WebSockets.
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