• 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

2 years 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

XRPBTC Chart Indicates Potential Shift in Market Dynamics

chest

The XRPBTC chart is showing a falling wedge pattern, suggesting significant accumulation and a potential shift in market dominance.

user avatarBayarjavkhlan Ganbaatar

Operation Economic Fury: US Intensifies Campaign Against Iran

chest

The United States has intensified its campaign against Iran through Operation Economic Fury, targeting illegal oil smuggling and shadow financing, leading to severe economic repercussions for the Iranian government.

user avatarMohamed Farouk

SEC Takes Action Against Nathan Fuller for Crypto Investment Fraud

chest

The SEC has filed charges against Nathan Fuller for allegedly defrauding 150 investors in a multimillion dollar crypto investment scheme.

user avatarDiego Alvarez

Large ETH Holders Show Accumulation During Market Weakness

chest

Large ETH holders are quietly accumulating during market downturns, indicating a bullish sentiment for Ethereum.

user avatarElias Mukuru

Texas Forms Advisory Committee to Oversee Bitcoin Reserve

chest

Texas has formed an advisory committee led by Acting Comptroller Kelly Hancock to manage its Bitcoin reserve, including experts in custody arrangements and investment strategy.

user avatarKenji Takahashi

Texas Announces Plan to Buy Bitcoin for State Reserves

chest

Texas has announced a significant move to buy more Bitcoin for its state reserves, transitioning from ETF exposure to directly held Bitcoin.

user avatarMaria Fernandez

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.