Blockchain

Magic and Etherlink Unite to Elevate Web3 Development

New York – Magic, the wallet-as-a-service supplier, has partnered with Etherlink, an progressive EVM-compatible Tezos Layer 2 resolution. This integration guarantees to revolutionize decentralized utility (dApp) growth by combining Etherlink’s velocity and cost-efficiency with Magic’s user-friendly pockets SDK.

This collaboration addresses key challenges within the blockchain business by providing diminished transaction prices, sooner speeds, and environment friendly useful resource utilization, all whereas sustaining decentralization and censorship resistance. Etherlink’s integration with Tezos as an “enshrined” rollup enhances its safety and infrastructure, making certain strong assist for builders and dApps transitioning from the EVM house.

Key Options of Etherlink

Sub-Second Block Instances: Fast transactions improve consumer expertise.
Low Transaction Prices: Prices as little as $0.001 make transactions extra accessible.
Enhanced Safety: Integration with Tezos’ layer 1 as an “enshrined” rollup eliminates frequent good contract dangers.
First-Class Infrastructure: As a first-class citizen on the Tezos mainnet, Etherlink gives a strong basis for dApp growth.

Siddharth Singhal, Head of BD at Trilitech, said:
“We’re excited to deliver the facility of Etherlink to builders by our integration with Magic’s pockets SDK. This partnership unlocks the total potential of Web3 by enabling scalable and accessible dApps, paving the best way for gasless transactions and simplifying the event course of.”
With Etherlink now supported by Magic, builders have entry to a complete toolkit that mixes scalability, safety, and value. This integration goals to simplify the event course of and improve the consumer expertise, fostering a brand new period of safe and user-friendly decentralized purposes.

Sean Li, Co-Founder and CEO of Magic, added, “Etherlink is an exemplary Layer 2 blockchain, providing quick block occasions, low transaction prices, MEV safety, and on-chain governance. This partnership is a big step in the direction of onboarding the following billion customers to Web3, leveraging Etherlink’s strengths.”

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About Etherlink

Etherlink is an EVM-compatible Layer 2 blockchain powered by Tezos Sensible Rollups. It gives permissionless entry, inherits Tezos Layer 1 safety, and options decentralized governance, fraud proofs, and censorship resistance. Etherlink ensures quick, truthful, and almost free transactions, with built-in MEV safety.

About Magic

Magic allows companies of all sizes to harness the advantages of Web3 with out the complexities. Because the business’s main wallet-as-a-service supplier, Magic gives important NFT capabilities and has seen 300% YoY development since 2018. With over 31 million wallets created and embraced by over 170,000 builders and types like Mattel, Macy’s, Forbes, Helium, and WalletConnect, Magic is a cornerstone of Web3 innovation.

For extra data, go to etherlink.com and magic.hyperlink.

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