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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

UK Financial Conduct Authority Opens Crypto Authorisation Regime

The UK Financial Conduct Authority has formally opened its Crypto Authorisation Regime, marking a significant development in the digital asset ecosystem.

user avatarMaria Gutierrez

Amazon Stock Price Predictions for 2027

Major firms predict Amazon stock will reach $350 per share by 2027, driven by AWS growth and AI advancements.

user avatarDavid Robinson

Tether Partners with Shiga to Launch Financial Products in Africa and Gulf

Tether is transitioning its Wallet Development Kit into financial products for users and institutions in Africa and the Gulf, collaborating with Shiga.

user avatarJacob Williams

Soneium and DayOneDream Join Forces to Tokenize Kpop Revenue Streams

Soneium partners with DayOneDream to tokenize Kpop revenue streams using blockchain technology.

user avatarAndrew Smith

Strive Increases Bitcoin Holdings by 1,107 BTC

Strive has significantly increased its Bitcoin holdings by acquiring 1,107 BTC for approximately $945 million.

user avatarZainab Kamara

Verona Launches verUSD Stablecoin for AI Payments

Verona has launched a new dollar stablecoin, verUSD, designed for AI payments and machine transactions, with over $100 million in institutional commitments.

user avatarAyman Ben Youssef

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.