Magic Deepens Relationship with Tezos Foundation by Integrating Etherlink, a Groundbreaking Layer 2 Blockchain
View the full release here: https://www.businesswire.com/news/home/20240527197305/en/
- View the full release here: https://www.businesswire.com/news/home/20240527197305/en/
Rollups and Layer 2 solutions represent a crucial development in the blockchain industry, offering reduced transaction costs, faster transaction speeds, and more efficient resource utilization. - However, many developers believe that for more meaningful blockchain adoption, scaling must be achieved with decentralization and censorship resistance at its core.
- Etherlink distinguishes itself by its integration into Tezos Layer 1 as an “enshrined” rollup.
- The Etherlink and Magic partnership builds upon the existing relationship to provide a commitment to provide solutions to support the growth and adoption of Web3 technologies.