PORTAL DEFI
Have you ever wished you could open that magic door, go back in time and ask the girl out that you didn’t. Or maybe you would go back in time and get into that perfect trade which mooned. Well here’s your chance at cryptos success. No more meme coins. No more pump and dump. Portal is here. A real token with real utility.
WHAT IS PORTAL
Portal is a peer-to-peer layer 2 on top of Bitcoin, enabling self-sovereign exchange, and unlocking bitcoins potential to decentralize finance.
Portal is securely creating a peer-to-peer(p2p), trust-minimized cross-chain swap that makes other bitcoin contracts fast, cheap, and secure. Portal will also expand on demand for bitcoin to stable coin options, derivatives, futures, and many other non-security applications as well.
WHY PORTAL
Portal believes bitcoin is the universal trust anchor upon which true self-sovereignty will be realized. With current censorship and inflation threatening the financial future of many, PORTAL is delivering an answer.
Portal’s Layer 2 and Layer 3 technology simplifies building censorship-resistant communications, media, and one-click execution of cross-chain transactions on top of the Bitcoin blockchain. It facilitates the private, off-chain execution of “smart contracts” for asset issuance, swaps, staking, liquidity, derivatives, and more. In every instance, the technology is peer-to-peer, without third-party custody or control.
HOW WILL PORTAL ACCOMPLISH THIS
As touched on earlier Portal is a cross-chain DEX that makes atomic transactions between Bitcoin and other digital assets fast, secure, and private. It does this by using the price feeds from the fastest oracle in crypto, Chainlink. Efficient transactions will also be accomplished by incorporating the lightning network, which is a decentralized layer 2 app, that uses instant payments using blockchain contracts across a network of users. This is also being worked on for Ethereum transactions using Raiden.
Atomic swaps are not new, but they are several problems with them. Including unpaid option and lockup griefing option. These problems have been largely minimized with PORTAL’s 3rd party payment option.
PORTAL will also increase efficiency on the blockchain by eliminating minting of wrapped coins (i.e. wBTC, wETH) or risky staking with intermediaries. That’s correct you can go crosschain without an intermediary. This is nothing but revolutionary.
HOW CAN I BE A PART OF PORTAL’s FUTURE
Presale of Portal has passed with Krypto Playboy Group and other major launchpads. But there is a whitelist opportunity with PORTAL at present for those who meet the requirements.
If you want to know how to get in on more deals like PORTAL, then head over to Krypto Playboy Group and subscribe to the link below. You will get your first 3 months free. https://discord.gg/cPCr3jek
