The Opera browser is partnering with Polygon to enable Ethereum Layer-2 (L2) capabilities. The functionality will become available to users on Android in the first quarter of 2022.
Polygon is a framework for creating Ethereum-compatible blockchain networks and scaling solutions. It was developed as a layer-2 technology on the Ethereum network. Polygon has been crucial for the growing NFT and crypto gaming space.
When it comes to the Opera browser, it is one of the crypto community’s beloved platforms.
Opera launched in April of 1995, making it one of the oldest web browsers to date. In addition, it was the first web browser to introduce a built-in crypto wallet and Web3 support back in 2018.
According to the web traffic analysis of StatCounter, Opera is currently the fifth most used web browser.
Opera has recently faced a stern test from Brave, a browser that seeks to make a lasting impact on the crypto industry. It recently announced that it plans to support Solana soon.
Many Opera users have been unable to engage with decentralized finance due to high Ethereum gas fees. This collaboration with Polygon will significantly reduce those barriers.
Although Ethereum (L1) provides a smooth experience when interacting with decentralized apps (dApps), it still has drawbacks.
With Polygon coming to Opera, this partnership can onboard 350+ million users to the decentralized finance world. Polygon’s fast, scalable, and ultra-low fee ecosystem will be revolutionary.
Users will be able to use over 3,000 dApps, including SushiSwap, Curve, Aave, Balancer, and Kyber. They will also get access to blockchain games and NFT marketplaces.
It will also be possible to interact with Decentraland, OpenSea, Sandbox, Somnium Space, and Decentral Games.
The 25-year-old browser’s non-custodial crypto wallet supports the Ethereum Web3 API. This makes it easier for users to connect with a wide array of dApps. In addition, the MATIC token will also be able to be used within the mobile browser.
Polygon offers a wide range of scaling options and some of the lowest rates in crypto. As a result, it will boost transaction speeds.
Jorgen Arnesen, Opera’s Executive Vice President of Mobile Operations, believes this collaboration will remove many pain points for people wanting to get into the world of crypto. He also says it will speed up web3 adoption.
Polygon’s Vice President of Growth, Arjun Kalsy, said, “Polygon has started with the dream. Its dream is the mass adoption of blockchain technology. And we are so delighted to work with partners aligned with the same vision.”
The main goal behind this partnership is to create a decentralized, blockchain-based internet. Currently, only a few powerful web platforms dominate the Web3 space, but it’s looking like that will change soon.