Crypto:
36635
Bitcoin:
$92.124
% 1.14
BTC Dominance:
%58.7
% 0.13
Market Cap:
$3.14 T
% 1.16
Fear & Greed:
28 / 100
Bitcoin:
$ 92.124
BTC Dominance:
% 58.7
Market Cap:
$3.14 T

What is Portal To Bitcoin (PTB)?

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Portal To Bitcoin (PTB) is an innovative decentralized cross-chain infrastructure built on the Bitcoin network, designed to evolve Bitcoin from a “digital gold” store of value into a programmable DeFi (Decentralized Finance) settlement layer. Utilizing its proprietary BitScaler technology, PTB enables secure, non-custodial atomic swaps with multiple blockchains, such as Ethereum and Solana, eliminating the security risks associated with traditional cross-chain bridges. At its core, PTB ensures that user funds are never entrusted to third parties, with every cross-chain operation executed as a peer-to-peer, verifiable on-chain contract.

What Is Portal To Bitcoin (PTB)?

Portal To Bitcoin (PTB) transcends the role of a mere cross-chain protocol; it represents the next phase in Bitcoin’s evolution within the broader cryptocurrency ecosystem. By addressing Bitcoin’s interoperability challenges without compromising security or decentralization, PTB unlocks its potential as a global settlement layer. With carefully crafted tokenomics, cutting-edge technical architecture, and robust institutional backing, PTB is positioned to capture significant value as the Bitcoin ecosystem matures. For investors and users seeking to engage in Bitcoin’s growth beyond price appreciation, PTB offers a compelling opportunity to participate in building the infrastructure that integrates Bitcoin with the DeFi ecosystem.

Technical Features and Logic of Portal To Bitcoin

BitScaler and PortalOS

  • BitScaler: A pioneering permissionless atomic contract channel system that operates without relying on new Bitcoin opcodes or centralized trusted parties.

  • PortalOS: A modular operating layer supporting Bitcoin mainnet, Lightning Network (LN), and various Layer-2 networks, inherently free from bridging risks.

Core Functional Modules

  • Liquidity Router: A bridge-free asset routing hub that efficiently distributes liquidity.

  • Swap SDK: A toolkit providing developers with access to cross-chain liquidity.

  • Portal Wallet: A multi-currency cross-chain wallet with integrated DEX trading capabilities.

  • RAFA AI: A generative AI investment assistant that optimizes trading and asset allocation intelligently.

Security and Architecture

PTB employs a Hub-and-Spoke verifier network and the Portal Attestation Chain (PAC) to ensure cross-chain transactions are verifiable and traceable, enhancing security and transparency.

What is BitScaler?

BitScaler is a transformative solution for scaling Bitcoin for cross-chain applications, particularly in decentralized finance (DeFi). By integrating channel factories, Taproot technology, and a policy language with the Bitcoin Development Kit (BDK) version 1.0.1, BitScaler delivers transparent, composable, secure, and optimized transaction scripts. It leverages channel factories, non-custodial delegation, and policy templates to expand Bitcoin’s capabilities for a wide range of DeFi applications.

Portal To Bitcoin (PTB) Tokenomics

Token Roles

  • Validator Staking: Compete for 42 monthly validator node positions to earn transaction fees and block rewards.

  • Lite Node Incentives: Enhance network security and receive PTB rewards.

  • Liquidity Provider (LP) Dividends: Earn 100% of native asset transaction fees and 66% of PTB token issuance rewards.

Deflation and Issuance Mechanism

  • Total Supply: 8.4 billion PTB.

  • Issuance: Follows a Bitcoin halving model, decreasing periodically.

  • Deflation: A 0.3% protocol fee is charged per swap, with 50% used for PTB token buyback and burn.

Distribution and Lockup

  • Shareholders: 29.8%

  • LP Rewards: 24.3%

  • Foundation: 11.4%

  • Validator Rewards: 11.2%

  • Ecosystem Development: 10.2%

  • Liquidity: 8.1%

  • Airdrop: 2.6%

  • Lite Node Rewards: 1.9%

  • KOL + Advisors: 0.5%

PTB Vesting

Application Scenarios of Portal To Bitcoin

Decentralized Cross-Chain Gateway

Supports real-time cross-chain asset swaps without relying on third parties or minting pegged assets (e.g., WBTC).

Smart Liquidity Routing

Utilizes AI algorithms to identify the best price and lowest slippage paths across DEXs and CEXs.

Developer Ecosystem

The Swap SDK and PortalOS modular support provide a secure, scalable cross-chain solution for DApp developers.

AI-Powered Investment Advisory and Asset Management

RAFA AI assists users in making data-driven investment decisions and rebalancing assets.

Market Potential and Investment Value

PTB has garnered over 1 million wallet downloads on its testnet and established partnerships with over 80% of Bitcoin Layer-2 projects. As demand for decentralized cross-chain solutions grows, PTB is poised to become a cornerstone of Bitcoin DeFi infrastructure.

Portal To Bitcoin Investors and Backers

Portal To Bitcoin is supported by prominent investors, including Coinbase Ventures, Shima Capital, OKX Ventures, Arrington Capital, Genblock Capital, Autonomy Capital, Monday Capital, Republic, Gate.io, V3V Ventures, and B21 Capital.

Portal To Bitcoin (PTB) Team

Portal To Bitcoin was founded in 2024 in the United States by a skilled engineering team. Led by Chandra Duggirala (Founder and CEO), George Burke (Co-Founder), and Manoj Duggirala (CTO and Co-Founder), the team aims to redefine Bitcoin’s role in the DeFi ecosystem.

Official Links

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