Portal to Bitcoin testnet faced overwhelming demand, with over 100,000 users highlighting scalability challenges in Bitcoin and Ethereum testnets, such as slow block confirmations and Lightning Network constraints. empowers users with seamless, non-custodial crosschain swaps between Bitcoin, Ethereum, and other blockchains—no traditional wallets required.
The team tackled performance issues by forking Mutinynet, switching to onchain token distribution, and implementing dynamic fees, ensuring a smooth user experience even during high demand. Portal is not just identifying blockchain challenges but actively solving them, enhancing scalability, improving transaction speeds, and creating a more resilient infrastructure.
Portal to Bitcoin step-by-step guide
1. First Download Portal Wallet – Portal Extension
2. Claim BTC & ETH Faucet – Faucet
3. Complete simple social tasks – Testnet Tasks
4. Complete zealy simple tasks – Zealy Tasks
5. Join our Telegram channel for upcoming updates.
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Why Portal?
Portal is designed to succeed where other solutions have failed. The main innovations Portal has fostered are the following:
Built on Bitcoin: A core of Portal’s innovations is built on many layers of Bitcoin, thus inheriting security from Bitcoin.
Atomic Swaps: Reliance on atomic swaps is the cornerstone of the Portal Network. Despite being an older idea, no product has successfully implemented atomic swaps with ease of use, speed, and low transaction fees while maintaining atomicity. The issue with HTLC swaps can be distilled to a coordination problem. After Alice and Bob agree on a price, things happen in subsequent chains that are isolated, and Alice and Bob need to be online to process the sequence of events. To solve this, Portal built a coordination protocol that decentralizes the event flow between chains, thus allowing for the trustless execution of HTLC-based swaps with greater usability.
Embracing Layer-2 Architecture: In the swaps protocol paper, we described in detail how atomic swaps are executed on L2s of various chains, including Bitcoin; this gives us the speed of execution that competes with a centralized exchange without compromising atomicity.
ADMM (Automated Dynamic Market Maker): We spent a lot of time and resources on innovating on the automated market maker concept. This new protocol is a significant breakthrough and a step up from industry conventions, primarily due to the intricate nature of cross-chain transfers. It introduces a range of distinctive characteristics that fundamentally redefine the ideal liquidity provider strategy. These exceptional features bring substantial benefits regarding capital efficiency and pricing precision for our users. This pioneering AMM methodology is called Automated Dynamic Market Maker (ADMM).
Channel Factory Implementation: Not satisfied with some liquidity management on the Lightning network, Portal has implemented a simplified version of Channel Factory (L3) on top of the Lightning network. This allows for rapid and seamless trading transactions on Lightning.
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