Magic has partnered with Etherlink to spice up Tezos dApp growth with enhanced scalability and safety.
In response to a press launch shared with Cryptonews.com, this collaboration builds on the present relationship to assist the expansion of web3 group and the transition to web3 applied sciences whereas offering companies and options.
We’re excited to announce the mixing between Magic and @Etherlink 🚀
Etherlink, a non-custodial, EVM-compatible @tezos layer two answer, provides enhanced person and developer experiences whereas leveraging Tezos’ underlying fundamentals.
🔐 Enhanced Safety and… pic.twitter.com/EdlZPnUMpw
— Magic (@magic_labs) Might 28, 2024
Magic and Tezos to Strengthen Present Partnership
The brand new integration goals to simplify onboarding for blockchain customers. By combining Etherlink’s scalability and safety with Magic’s easy-to-use pockets SDK, the partnership seeks to enhance the event of decentralized purposes (dApps) on the Tezos blockchain.
Etherlink, an EVM-compatible layer 2 answer, provides fast transaction instances and low prices. It integrates straight with Tezos layer 1, lowering frequent good contract dangers and offering a stable basis for safe dApp growth.
“Etherlink checks all of the bins for a robust L2 blockchain. Quick block instances, low-cost transactions, MEV safety and on-chain governance,” said Magic co-founder and CEO Sean Li.
“A community-led protocol that not solely permits nice UX with excessive throughput, but in addition with enhanced decentralization and safety,” mentioned Li. “We’re completely thrilled to companion up and onboard the subsequent billion customers to web3 with the assistance of Etherlink.”
Improved Ecosystem for Customers and Builders
This integration will allow builders to make use of Magic’s pockets SDK to create dApps which are each scalable and user-friendly.
Options like gasless transactions and higher person experiences are anticipated to spice up adoption and engagement throughout the Tezos ecosystem, supporting the expansion of the web3 group.
“We’re excited to proceed the momentum with Magic to deliver the facility of Etherlink to builders,” mentioned Trilitech’s head of BD Siddharth Singhal. Trilitech is the adoption hub for the Tezos blockchain.
“By integrating with Magic’s developer-friendly pockets SDK, we’re unlocking the complete potential of web3 by enabling builders to rapidly create dApps which are scalable and accessible to mainstream customers,” mentioned Singhal.
