Introducing the idea of zero trust protocols in Bitcoin from dWallet Network
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We’re sure you’ve heard of zero knowledge proofs through our various pieces with industry leaders, but have you heard of zero trust protocols? From what we understand, its a newly coined term to describe the multi party computation tech utilized by the dWallet team.
In today’s presentation, we take a closer look at the evolution from the “castle and moat” model to zero trust. We discussed how traditional internet companies initially used the castle and moat model, but shifted towards zero trust due to its enhanced security.
We went on to discuss how dWallet Network is reintroducing zero trust in cross-chain environments using cryptographic techniques like a new MPC protocol, 2PC MPC. 2PC MPC ensures transactions require user participation, maintaining zero trust even if validators collude.
This approach is crucial for maintaining Bitcoin’s security ethos while enabling advanced functionalities, such as decentralized custody solutions, staking, atomic swaps, lending, and other cross-chain functionalities.
Applying zero trust in cross-chain environments is complex due to having to settle different blockchain states and the necessity to trust third parties for this state validation. We discuss how dWallet is setting the standard for what this should look like using their zero trust protocols.
Learn about zero trust protocols and the evolution of security in crypto throughout today’s video presentation from Omer.
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