San Francisco, California, December 11th, 2024,
Chainwire
The partnership expands multi-chain support, enabling developers
to build scalable and secure dApps with Magic and Kadena
Magic Labs, a provider of keyless, passwordless wallet
solutions, has integrated with the Kadena blockchain to
further expand its multi-chain ecosystem. By combining Magic’s
wallet infrastructure with Kadena’s scalable and secure blockchain
platform, this integration aims to make it easier for developers
and businesses to build accessible and reliable onchain
applications.
With this partnership, developers can leverage Kadena’s
infrastructure alongside Magic’s wallet solutions to create
applications for a wide range of use cases, including DeFi and
TradFi. The collaboration broadens the tools available for building
secure, user-friendly dApps while offering end-users a
straightforward way to interact and navigate within these
platforms.
Kadena is designed to address scalability and security through
its multi-chain architecture. By braiding multiple parallel chains,
the network can handle high transaction volumes to support the
development of applications built for large-scale adoption and
performance. The platform also features an energy-efficient Proof
of Work (PoW) consensus, which optimizes energy usage compared to
traditional PoW systems while maintaining security and
decentralization.
Developers building on Kadena also benefit from its
security-focused Pact smart contract language. Pact’s
human-readable syntax and upgradeable contracts simplify
development and reduce the risk of security issues, creating a
stable environment for building and deploying blockchain
applications.
To improve accessibility for end-users, Kadena SpireKey is an
authentication tool that eliminates the need for complicated
passwords and seed phrases by leveraging biometrics. Using WebAuthn
standards, Kadena SpireKey generates and stores keypairs directly
on hardware devices, enabling authentication through a simple
“scan, touch, go” and making signing transactions simple and
secure.
Together, Magic and Kadena are providing developers with a
framework to build the next generation of decentralized
applications that are secure, efficient, and easy-to-access for
users. To learn more, visit magic.link and/or kadena.io.
About Magic
Backed by leading venture capital firms including PayPal,
Placeholder, Lightspeed, and KX as well as Angels like Naval and
Balaji, Magic Labs is at the forefront of making
blockchain technology accessible to users, with over 35M users
onboarded and over 200k devs through the best dApps like Polymarket
and Helium. By enabling familiar Web2 login methods, Magic allows
developers to onboard new users to their decentralized applications
(dApps) without requiring them to understand or manage
self-custodial wallets. This innovative approach provides a user
experience akin to Web2, allowing users to enjoy the benefits of
onchain interactions without the complexities of the underlying
technology.
Users can learn more at magic.link.
About Kadena
Kadena offers the industry’s only Proof-of-Work Layer
1 blockchain that is infinitely scalable, secure, and
decentralized. Its infrastructure-grade performance and
impenetrable network empower users to develop high-value systems
using Kadena’s security-focused smart contract language, Pact.
Founded in 2017 by Stuart Popejoy and Will Martino, who previously
created J.P. Morgan’s first blockchain and led the SEC’s Crypto
Steering Committee, Kadena aims to drive widespread blockchain
adoption by providing a Web3 platform for solving real-world
problems.
User scan learn more at kadena.io
Contact
Magic
Labs
press@hype.partners