Portal Description
Portal makes it possible to decentralize finance. It is uncensorable, peer-to-peer, and trustless. Just like the underlying characteristics of Bitcoin. Portal swaps allow for the provable execution cross-chain contracts to be executed at layers 2 and 3. This allows for the speed and liquidity of centralized options, while preserving the trust minimization guarantees offered by Bitcoin. Transactions are also much faster and more affordable than Layer 1 transactions. Fabric enables web-scale serverless infrastructure with strong privacy guarantees and security. Portal's layer 2 atomic swap technology and layer 3 can be used to create a general market for data and computation. Our goal is to replace the webserver model, which is susceptible to centralization by design. We want to create a free market for computation and data. Fabric, the underlying protocol Portal uses, extends Bitcoin's functionality without any BIPs.
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