• 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

Fable 5 May Return with New Subscription Model

chest

Leaked information suggests that Fable 5 may return with a new weekly usage model in subscription plans.

user avatarGustavo Mendoza

Microsoft Stands Firm on Majorana 2 Quantum Chip Claims

chest

Microsoft defends its Majorana 2 quantum chip claims against criticism from physicist Henry Legg, asserting the stability of signals observed in experiments.

user avatarRajesh Kumar

Researcher Disputes Microsoft's Majorana 2 Quantum Chip Claims

chest

Researcher Henry Legg disputes Microsoft's claims about the Majorana 2 quantum chip, arguing insufficient evidence for a topological qubit.

user avatarMiguel Rodriguez

Synthetix Proposes Basis Vaults for sUSD Stability

chest

Synthetix is considering a shift towards a more structured approach to support sUSD stability through basis vaults.

user avatarLuis Flores

Synthetix Founder Addresses sUSD Management Issues

chest

Kain Warwick, the founder of Synthetix, takes responsibility for the mismanagement of sUSD, highlighting ongoing challenges in maintaining its peg.

user avatarArif Mukhtar

Crypto Markets Under Pressure as Macro Conditions Tighten

chest

The crypto markets are currently facing increased pressure as macroeconomic conditions shift towards a more hawkish stance.

user avatarMaria Gutierrez

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.