Agoric Launches Orchestration Tool for Future-Ready Web3 Apps
San Francisco, California / United States, July 10th, 2024, Chainwire
Transforming Multi-Blockchain Management for Streamlined User Experiences
Agoric , a layer 1 blockchain focused on chain abstraction, has officially launched its Orchestration API. This innovative toolkit empowers developers to craft cutting-edge Web3 applications that effortlessly manage digital assets and services across a variety of blockchain networks. Consequently, users can now enjoy single-click interactions that allow them to utilize their liquidity and access multiple blockchains uniformly.
With trillions of dollars in liquidity spread across various blockchain platforms (Ethereum, Solana, Layer 2s, Layer 3s, standalone chains, sovereign rollups, subnets, and beyond), users often encounter cumbersome experiences in the Web3 space. Many have sought to bridge this fragmentation through the introduction of various bridges and interoperability solutions, but the overall experience remains restricted due to the limitations in programmability of current offerings. Even straightforward tasks like using assets from one blockchain to pay for services on another necessitate numerous user actions and signatures, leaving digital assets confined within disconnected silos.
Orchestration is set to redefine multi-chain use cases:
- For users , orchestration provides genuine chain abstraction: cross-chain experiences can now be as simple as they ought to be.
- For developers, orchestration unlocks cross-chain programmability, featuring a multi-block execution environment and straightforward JavaScript APIs for managing accounts and assets on external chains.
- For the Web3 ecosystem , orchestration enables composability among protocols to harness liquidity, regardless of the originating chain.
Commenting on the API introduction, Dean Tribble, CEO of Agoric Systems, remarked: “We are thrilled to introduce a platform that delivers rich, one-click user experiences that unlock new economic possibilities across diverse chains. As it stands in Web3 today, even the most basic actions require excessive effort and intricate knowledge from users. Agoric Orchestration brings groundbreaking technology to developers, enabling them to elevate their applications to the next generation of Web3.”
Interchain trading terminal Calypso will utilize Agoric Orchestration to introduce their staking feature. With just one click, users are able to stake into any IBC-enabled blockchain using almost any starting token (ETH, SOL, etc.). Typically, this cross-chain staking process would involve six separate steps, including multiple signatures, but with Agoric Orchestration, it’s condensed to a single action.
Reflecting on the integration, John DiBernardi, Co-Founder of Calypso, stated: “When it comes to executing actions across various blockchains, Agoric Orchestration stands unrivaled. We’ve managed to simplify time-consuming and often frustrating DeFi processes into a single-click experience that both newcomers and veterans alike will deeply appreciate.”
Developers eager to streamline multi-chain operations can apply for Agoric’s Early Access Program, which provides tailored technical support, financial incentives, and prior access to new functionalities. Apply now at agoric.com/eap .
Dean Tribble, CEO of Agoric Systems, is available for interviews upon request.
About Agoric
Agoric is a layer 1 blockchain dedicated to orchestration. In a fragmented blockchain environment, Agoric introduces a solution to the chain abstraction dilemma and promotes composability and true interoperability to usher in an era of universal liquidity.
Agoric is the brainchild of esteemed computer scientists Dean Tribble and Mark Miller . Their pioneering contributions in secure computing and distributed systems have laid the groundwork for Agoric’s revolutionary technology.
For more details, users can visit Agoric’s: Official Website Twitter (X) Discord Linkedin
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