• 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

New Escrow Service on XRP Ledger Announced

chest

XRPL validator Vet has announced a new escrow service that could soon launch on the XRP Ledger, enhancing benefits for token holders as Ripple continues to expand its network.

user avatarMaria Fernandez

XRP Treasury Firm Reports 8X Growth in Tokenized Treasuries

chest

Ripple-backed firm Evernorth reports an 8x growth in tokenized US Treasuries on the XRP Ledger, increasing from $50 million to $418 million in one year.

user avatarGustavo Mendoza

Ripple Expands Operations with New Headquarters in Dubai

chest

Ripple has opened a new regional headquarters in Dubai's International Financial Centre to enhance its operations in the Middle East and Africa.

user avatarKenji Takahashi

Crypto Analyst Predicts Local Bitcoin Top

chest

Analyst Kaz warns that Bitcoin is nearing a local top and may drop below $60,000.

user avatarRajesh Kumar

Political Uncertainty Surrounds South Korea's Crypto Tax Legislation

chest

Political uncertainty surrounds South Korea's crypto tax legislation as the People Power Party pushes to abolish it.

user avatarMiguel Rodriguez

South Korea's NTS Prepares for Crypto Tax Implementation

chest

The National Tax Service of South Korea has begun preparations to implement a tax on crypto income starting in 2027, following years of delays.

user avatarLuis Flores

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.