• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Newton Network by Polygon and Magic Labs: A New Level of Blockchain Interaction

user avatar

by Giorgi Kostiuk

a year ago


Polygon and Magic Labs have collaborated to launch the Newton cross-chain network, aimed at enabling seamless dApp interaction across various EVM-compatible blockchains.

Launching the Newton Network

Layer-2 solution Polygon announced a partnership with Magic Labs to launch the cross-chain network Newton. The platform aims to simplify the use of dApps on multiple EVM-compatible blockchains, making it akin to web browsing.

Magic Labs' Integration with Newton

Magic Labs, known for wallet abstraction, integrated their self-custodial wallet into Newton, providing a single interface and giving the impression of 'one balance' across all Ethereum-compatible networks.

Technologies Behind Newton

Polygon's AggLayer offers a blockchain aggregation protocol built on Ethereum, using Proof-of-Stake and Zero-Knowledge technology to enhance security and reduce latency in cross-chain interactions.

The collaboration between Polygon and Magic Labs on the Newton network aims to eliminate user barriers and strengthen blockchain integration for more efficient dApp access.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Crypto Market Experiences Dip Following Iran's Closure of Strait of Hormuz

chest

The cryptocurrency market faced a decline after Iran announced the closure of the Strait of Hormuz, impacting digital asset prices.

user avatarNguyen Van Long

Michael Saylor's Strategy Plans Major Bitcoin Acquisition

chest

Michael Saylor's company, Strategy, is preparing for a significant Bitcoin purchase, potentially exceeding previous acquisitions.

user avatarSatoshi Nakamura

Bitcoin Mining Sector Faces Critical Health Metrics

chest

The Bitcoin mining sector is facing critical health metrics, indicating potential challenges for miners.

user avatarJesper Sørensen

Proposed Clarity Act Aims to Enhance XRP Adoption

chest

The proposed Clarity Act aims to define rules around crypto assets, potentially accelerating XRP's adoption.

user avatarLucas Weissmann

US Regulators Classify XRP, Bitcoin, and Ethereum as Digital Commodities

chest

US regulators classify XRP, Bitcoin, and Ethereum as digital commodities, marking a significant regulatory shift.

user avatarRajesh Kumar

Alibaba's AI Model Predicts XRP Could Exceed $7 This Year

chest

Alibaba's AI model predicts XRP could exceed $7 this year.

user avatarFilippo Romano

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.