San Francisco, United States / California, July 10, 2024, Chainwire
Revolutionizing multi-blockchain coordination with seamless user interactions
Agoric, a layer-1 blockchain designed for chain abstraction, today announced the launch of its Orchestration API. With this new set of tools, developers can build next-generation Web3 applications that seamlessly coordinate digital assets and services across multiple blockchain ecosystems. As a result, users can now benefit from one-click interactions that can deploy their liquidity and access multiple blockchains in a uniform manner.
With over $2 trillion in liquidity fragmented across different blockchains and their ecosystems (L2, L3, application chains, sovereign rollups, subnets, and more), users are often left with complex and arduous experiences on Web3. Many have attempted to solve this fragmentation problem by launching bridges and interoperability solutions, however, the experience remains limited due to a lack of programmability with existing solutions. Even simple use cases like paying with assets on one blockchain for services on another require multiple user actions and signatures, leaving crypto assets trapped in isolated silos.
Orchestration is a game changer for multi-chain use cases:
- For usersOrchestration enables true chain abstraction: cross-chain experiences have the simplicity they demand.
- For developers, Orchestration offers cross-chain programmability thanks to a multi-block execution environment and simple JavaScript APIs to manage accounts and assets on remote chains.
- For the Web3 ecosystemOrchestration provides composability across protocols to unlock liquidity, regardless of the native chain.
Commenting on the API launch, Dean Tribble, CEO of Agoric Systems, He said: “We are excited to offer a platform that enables rich, one-click user experiences that open up new economic opportunities across multiple chains. Currently, in Web3, even simple tasks require too many actions and too much technical knowledge from users. Agoric Orchestration offers a unique technology to developers so they can bring their applications to the next generation of Web3.”
The Calypso cross-chain trading terminal will leverage Agoric Orchestration to launch its staking widget. With just one click, users can stake on any IBC-enabled chain from almost any seed token (ETH, SOL, etc.). Normally, this cross-chain staking process might require the user to go through six separate steps involving multiple signatures, but with Agoric Orchestration, it’s just one action.
Commenting on integration, John DiBernardi, co-founder of Calypso, He said: “When it comes to executing actions across multiple blockchains, Agoric Orchestration is simply unmatched. We have been able to streamline time-consuming and incredibly frustrating DeFi tasks into a one-click experience that both new to DeFi and experienced users will greatly appreciate.”
Developers ready to orchestrate multi-chain can apply for Agoric’s Early Access Program, which offers personalized technical support, financial incentives, and early access to new features. Apply today at agoric.com/eap.
Dean Tribble, CEO of Agoric Systems, is available for interviews upon request.
About Agoric
Agoric is a layer-1 blockchain for orchestration. In the fragmented blockchain landscape, Agoric brings orchestration to Web3 to solve the challenge of chain abstraction and foster composability and true interoperability that ushers in a new era of universal liquidity.
Agoric is the brainchild of renowned computer scientists Dean Tribble and Mark Miller. Their pioneering work in secure computing and distributed systems laid the foundation for Agoric’s groundbreaking technology.
For more information, users can visit Agoric's official website | Twitter (X) | Discord | Linkedin
ContactSenior consultantAlissa KarpickWachsman[email protected]
This article was originally published on Chainwire
