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Average Ratings 0 Ratings
Description
The Bitcoin Lightning Network enables immediate payments, providing rapid blockchain transactions without the delays typically associated with block confirmations. It enhances security through the use of smart contracts on the blockchain, eliminating the need for separate on-chain transactions for each payment. Users can experience transaction speeds ranging from milliseconds to mere seconds. This network boasts remarkable scalability, capable of handling millions to billions of transactions every second, far surpassing traditional payment systems in terms of capacity. Additionally, it allows payments to be linked to specific actions or clicks without the need for intermediaries. Cost efficiency is another benefit, as settling transactions off-chain results in substantially lower fees, paving the way for innovative applications like instant micropayments. Furthermore, the Lightning Network supports cross-chain atomic swaps that can be executed instantly and off-chain, provided the involved blockchains utilize the same cryptographic hash function. This interoperability between different blockchain systems opens up new possibilities for seamless financial interactions.
Description
Portal revolutionizes decentralized finance by ensuring it is uncensorable, peer-to-peer, and minimizes trust, similar to Bitcoin's fundamental qualities. By facilitating provable execution of cross-chain contracts on layers 2 and 3, Portal swaps combine the speed and liquidity found in centralized platforms with the trust-minimizing principles of Bitcoin. Additionally, transactions conducted on Portal are significantly quicker and more cost-effective compared to those on Layer 1. With Fabric, we provide a serverless infrastructure designed for web-scale applications while upholding robust privacy and security standards. The atomic swap technology employed by Portal at layers 2 and 3 is versatile enough to establish a comprehensive marketplace for data and computation. Ultimately, we aim to transform the traditional web server model, which inherently favors centralization, into a dynamic free market for data and computation. By leveraging the capabilities of Fabric, the protocol that underpins Portal, we enhance Bitcoin's utility without the need for any Bitcoin Improvement Proposals (BIPs). This innovative approach paves the way for a decentralized future.
API Access
Has API
API Access
Has API
Integrations
Bitcoin
Bitaroo
BlueWallet
Bottlepay
Bridge Wallet
Damus
Electrum
Elysium
Etleneum
Exodus
Integrations
Bitcoin
Bitaroo
BlueWallet
Bottlepay
Bridge Wallet
Damus
Electrum
Elysium
Etleneum
Exodus
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Lightning Network
Founded
2015
Website
lightning.network/
Vendor Details
Company Name
Portal
Founded
2018
Country
United States
Website
portaldefi.com