DeFi

Kadena

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 
<a href="https://magic.link" rel="nofollow noopener" target="_blank">Magic Labs</a>, a provider of keyless, passwordless wallet solutions, has integrated with the <a href="http://kadena.io" rel="nofollow noopener" target="_blank">Kadena</a> 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.&nbsp; 
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 <a href="https://magic.link" rel="nofollow noopener" target="_blank">magic.link</a> and/or <a href="http://kadena.io" rel="nofollow noopener" target="_blank">kadena.io</a>. 
About Magic 
Backed by leading venture capital firms including PayPal, Placeholder, Lightspeed, and KX as well as Angels like Naval and Balaji, <a href="https://magic.link/" rel="nofollow noopener" target="_blank">Magic Labs</a> 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 <a href="https://magic.link" rel="nofollow noopener" target="_blank">magic.link</a>. 
About Kadena 
<a href="http://kadena.io" rel="nofollow noopener" target="_blank">Kadena</a> 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.&nbsp; 
User scan learn more at <a href="http://kadena.io" rel="nofollow noopener" target="_blank">kadena.io</a> 
<h5>Contact</h5> 
Magic Labs press@hype.partners

Magic Labs Expands Ecosystem with Kadena Integration

The Crypto Times

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