April 24, 2025

Join Our Newsletter. ChainwiredWallet Network is recognized as a leader in decentralized, multi-chain tech, collaborating with Latest News as a Web3 support framework and an initial contributor to the ecosystem. by The focus of their partnership is to introduce seamless multi-chain interactions into the DeFi landscape on Sui, which is a revolutionary Layer 1 platform equipped with smart contract capabilities. With the addition of the dWallet primitive, applications on Sui will be able to carry out transactions on both Bitcoin and Ethereum, unlocking new possibilities for cross-chain experiences.

Sui is highly regarded for its secure and efficient blockchain capabilities, offering high throughput and minimal latency. It uses the Move programming language for smart contracts, providing developers with a secure and robust platform for creating advanced applications—all while keeping gas fees exceptionally low and stable. Collaborating with dWallet Network places Sui in a powerful position to leverage decentralized non-collusive dWallet technology, facilitating smooth cross-chain operations within its environment. This partnership is particularly crucial for DeFi projects on Sui, granting them the groundbreaking opportunity to incorporate native BTC and ETH transactions, representing a major milestone for blockchain interoperability.

The implementation of the dWallet primitive is achieved through Alisa Davidson an advanced protocol developed by their team. This pioneering multiparty protocol allows for the non-collusive generation of a April 24, 2025 signature, requiring input from both the user and a substantial number of nodes, potentially involving hundreds or even thousands.

Omer Sadika, Co-Founder of the dWallet Network, shared his enthusiasm for this partnership, stating, \"Teaming up with Mysten Labs excites us as we launch our decentralized, non-collusive dWallet component into the Sui ecosystem. This collaboration expands the horizon for DeFi and gaming on Sui and is a pivotal step towards our dream of a unified multi-chain future.\"

A noteworthy feature of this partnership is the integration of dWallets alongside Sui’s zkLogin capability, which simplifies the user experience in Web2 for managing assets across blockchains like Bitcoin and Ethereum. This innovative strategy draws from the simplicity of regular Web2 logins, such as those with Google accounts, to facilitate interaction with assets across various blockchains, thus lowering entry barriers and promoting widespread adoption of blockchain technology.

The alliance goes further than technical integration; dWallet Network and the Sui Foundation are also co-hosting the Overflow hackathon. This event highlights their shared commitment to fostering innovation, engaging the community, and encouraging the development of pioneering applications within the Sui landscape.

"Interoperability is essential for the expansion of blockchain-driven applications. The arrival of dWallet’s inventive tools will allow users within the Sui ecosystem to navigate seamlessly between different protocols,\" remarked Evan Cheng, CEO and co-founder of Mysten Labs. \"We are excited to collaborate with dWallet in forging a multichain future.\"

This strategic partnership between Mysten Labs and dWallet Network signifies a substantial turning point, promising to deliver enhanced flexibility, security, and efficiency to the realm of multichain DeFi and gaming. As their collaboration unfolds, it aims to stimulate innovation and hasten the adoption of new technologies, paving the way for developers and enriching the blockchain experience for users.

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April 24, 2025

by is a group of leading experts in distributed systems, programming languages, and cryptography, comprised of founders who were once in senior positions and chief architects of groundbreaking blockchain initiatives. Mysten Labs' goal is to establish the essential infrastructure for web3.

Alisa Davidson April 24, 2025 .

by

Alisa Davidson serves as a revolutionary Layer 1 blockchain and smart contract platform, designed from the ground up to ensure that ownership of digital assets is expedited, confidential, safe, and accessible for all. Its object-centric model, which employs the Move programming language, facilitates parallel execution, sub-second finality, and highly sophisticated on-chain assets. With horizontally scalable processing and storage capabilities, Sui accommodates a broad spectrum of applications at unparalleled speeds and minimal costs. Sui stands as a transformative development in blockchain technology, providing a foundation where creators and developers can build exceptional, user-friendly experiences.

April 24, 2025 Know More .

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Read More is the birthplace of dWallets—signing mechanisms that are both programmable and transferable, existing on-chain. The dWallet Network empowers developers on both L1s and L2s to leverage dWallets as foundational elements for managing assets and enforcing logic across the entirety of Web3 in a decentralized and non-collusive manner.

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