#HotTrends
The portal makes DeFi unbeatable with anonymous zero-knowledge swaps through the first true cross-chain DEX that is truly trustless. Unlike Uniswap/others, Portal eliminates the minting of wrapped coins (e.g. wBTC, wETH) or risky betting with middlemen. Trading between incompatible blockchains is now done in just one click and is confidential,” say the developers.
The Fabric Protocol, the layer 2 and 3 technology on which Portal runs, allows the creation of censorship-resistant communications, media and internetworking exchanges with one click, all on Bitcoin with all its security benefits. FABRIC is a peer-to-peer messaging and contracting protocol using Bitcoin as a security layer. All multi-layer networks built using Fabric can use the portal to exchange for Bitcoin and other assets.
According to the project team, with Portal, decentralized finance becomes invaluable, equal, and trust is reduced to a minimum.
