Magic Partners with Etherlink to Enhance Tezos dApp Development
In an effort to enhance scalability and security in Tezos dApp development, Magic has joined forces with Etherlink, according to a press release shared with Cryptonews.com. This collaboration aims to support the growth of the web3 community and facilitate the transition to web3 technologies by providing services and solutions.
The partnership between Magic and Tezos seeks to strengthen their existing relationship and simplify the onboarding process for blockchain users. By combining Etherlink’s scalability and security features with Magic’s user-friendly wallet SDK, the integration aims to improve the development of decentralized applications (dApps) on the Tezos blockchain.
Etherlink, an EVM-compatible layer 2 solution, offers fast transaction times and low costs. It seamlessly integrates with Tezos layer 1, reducing risks associated with smart contracts and providing a secure foundation for dApp development.
“Etherlink checks all the boxes for a strong L2 blockchain. Fast block times, cheap transactions, MEV protection, and on-chain governance,” said Sean Li, co-founder and CEO of Magic. “We are absolutely thrilled to partner up and onboard the next billion users to web3 with the help of Etherlink.”
This integration will enable developers to utilize Magic’s wallet SDK to create scalable and user-friendly dApps. With features like gasless transactions and improved user experiences, the aim is to boost adoption and engagement within the Tezos ecosystem, supporting the growth of the web3 community.
“We are excited to continue the momentum with Magic to bring the power of Etherlink to developers,” said Siddharth Singhal, Trilitech’s head of BD. Trilitech serves as the adoption hub for the Tezos blockchain. “By integrating with Magic’s developer-friendly wallet SDK, we are unlocking the full potential of web3 by enabling developers to quickly create dApps that are scalable and accessible to mainstream users,” Singhal added.
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