Native FAQs | Notion

General

1. What is Native?

Native is a Bitcoin platform that brings Native Bitcoin DeFi in a Zero Trust manner. Native is built on Zero Trust Architecture, enables access and control of Bitcoin assets natively with out the need for bridging or wrapping - which has many security risks and biggest honeypot for hackers.

2. How does Native ensure security?

Native employs Zero Trust Architecture by leveraging 2PC-MPC, a massively decentralized and non-collusive MPC network, which requires continuous authentication and verification for every action within the protocol. This eliminates the reliance on centralized authorities and minimizes security risks, ensuring a secure environment for transactions and smart contracts.

3. What are the benefits of using Native?

No Bridging Required: Participate in DeFi directly with Bitcoin assets without the need for bridged or wrapped assets.
Zero Trust Protocols: Enjoy Bitcoin’s security thanks to massively decentralised and non-collusive MPC network that never compromises on user access and control of their assets.
Programmability: Utilize familiar programming languages like Solidity and Rust to build and deploy dApps.
Scalability: Benefit from high transaction throughput, lower transaction costs and efficient consensus mechanisms.

4. Who can use Native?

Native is designed for a wide range of users, including:

Institutional Clients: Seeking most secure and compliant DeFi solutions.
Bitcoin OGs and Whales: Looking for high-value incentives/yield for their dormant Bitcoin without compromising on security.
Crypto Natives: Developers and enthusiasts wanting to build or use decentralized applications on Bitcoin.

5. How does Native handle governance?

Native employs a community-led governance model where stakeholders can propose and vote on protocol upgrades and changes. This ensures that the platform evolves in line with the needs and preferences of its community.

6. What is dWallet and how does it work?

dWallet is a decentralized method for managing Bitcoin assets within the Native protocol. It uses non-collusive Multi-Party Computation (MPC) to ensure that transactions are secure and free from the risk of collusion or manipulation.