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The only custodyless cross-chain infrastructure for native Bitcoin. Swap BTC, ETH, SOL and any other L1 or L2. Backed by @CBVENTURES (Coinbase Ventures) & @OKX.
Jun 27 โ€ข 8 tweets โ€ข 2 min read
Another day, another thread! The second in a week-long daily series designed to ELI5 Portal's most important tech concepts and vision:

๐—–๐—ฎ๐—ป ๐˜†๐—ผ๐˜‚ ๐˜๐—ฟ๐—ฎ๐—ฑ๐—ฒ ๐—•๐—ง๐—– ๐—ณ๐—ผ๐—ฟ ๐—˜๐—ง๐—› ๐˜„๐—ถ๐˜๐—ต๐—ผ๐˜‚๐˜ ๐—ฎ ๐—ฏ๐—ฟ๐—ถ๐—ฑ๐—ด๐—ฒ ๐—ผ๐—ฟ ๐˜„๐—ฟ๐—ฎ๐—ฝ๐—ฝ๐—ฒ๐—ฑ ๐˜๐—ผ๐—ธ๐—ฒ๐—ป๐˜€?

Yes, and itโ€™s not sci-fi! Itโ€™s called an HTLC.

Hereโ€™s how atomic swaps work ๐Ÿงตโคต๏ธImage First: HTLC stands for ๐—›๐—ฎ๐˜€๐—ต๐—ฒ๐—ฑ ๐—ง๐—ถ๐—บ๐—ฒ-๐—Ÿ๐—ผ๐—ฐ๐—ธ๐—ฒ๐—ฑ ๐—–๐—ผ๐—ป๐˜๐—ฟ๐—ฎ๐—ฐ๐˜.

It sounds intimidating, but itโ€™s based on two simple ingredients:

๐Ÿ” A secret (hash)
โณ A countdown (timelock)

And together, they make trustless trades possible.