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What is Portal?

Portal is set to transform decentralized finance by embodying uncensorable, peer-to-peer attributes while minimizing reliance on trust, much like the core characteristics of Bitcoin. By enabling verifiable execution of cross-chain contracts across layers 2 and 3, Portal's swaps merge the efficiency and liquidity of centralized platforms with the trust-reducing ethos inherent in Bitcoin. Moreover, transactions on Portal are executed with notable speed and reduced costs in comparison to Layer 1 operations. With the introduction of Fabric, we offer a serverless infrastructure tailored for web-scale applications, all while maintaining strong privacy and security measures. The atomic swap technology utilized by Portal across layers 2 and 3 is adaptable enough to create a holistic marketplace for both data and computation. In essence, our goal is to redefine the conventional web server model, which often promotes centralization, into a vibrant free market for data and computation. By capitalizing on the potential of Fabric, the foundational protocol for Portal, we expand Bitcoin's functionality independently of any Bitcoin Improvement Proposals (BIPs). This groundbreaking strategy sets the stage for a future that is increasingly decentralized and user-focused. Ultimately, we envision a landscape where users have greater control over their digital assets and interactions.

What is ChainX?

ChainX, hailed as the pioneering initiative within the Polkadot ecosystem, is committed to advancing and implementing innovations in Bitcoin's layer 2 scalability, acting as both a digital asset gateway and a relay chain for Polkadot's secondary layer. Its primary objective is to enable seamless cross-chain asset exchanges, which will lead to groundbreaking developments in the realm of Bitcoin Cross-DeFi. As Bitcoin approaches the impressive market capitalization of US$1 Trillion, it has established itself as a fundamental component of the digital currency landscape, showcasing remarkable potential for the evolution of blockchain technologies while solidifying Bitcoin's position as a preferred payment method and a reliable medium for transferring and storing value. Many observers suggest that we are just scratching the surface of the immense opportunities that Bitcoin presents. ChainX is passionately dedicated to improving and broadening the financial ecosystem surrounding Bitcoin's Layer 2, striving to enhance the movement of Bitcoin value, expand the possibilities for financial derivatives, and improve tools designed to protect against market volatility. Through these efforts, they aspire to unlock even greater opportunities for both users and investors, ultimately enriching the entire blockchain community.

Media

Media

Integrations Supported

Bitcoin
Acala
EOS
Ethereum
Koinly
Polkadot

Integrations Supported

Bitcoin
Acala
EOS
Ethereum
Koinly
Polkadot

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Portal

Date Founded

2018

Company Location

United States

Company Website

portaldefi.com

Company Facts

Organization Name

ChainX

Company Location

China

Company Website

www.chainx.org/en/

Categories and Features

Categories and Features

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