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Cryptocurrency News Articles

Agoric Unveils Orchestration API Revolutionizing Multi-Blockchain Coordination with Seamless User Interactions

Jul 10, 2024 at 09:02 pm

With over $2 trillion in liquidity fragmented across different blockchains and their ecosystems (Ethereum, Solana, L2s, L3s, app-chains, sovereign rollups, subnets and more)

Agoric Unveils Orchestration API Revolutionizing Multi-Blockchain Coordination with Seamless User Interactions

Layer 1 blockchain Agoric has announced the launch of its Orchestration API, a new toolset that enables developers to create next-generation Web3 applications that can seamlessly coordinate digital assets and services across multiple blockchain ecosystems.

With the Orchestration API, users can now benefit from one-click interactions that can deploy their liquidity and access multiple blockchains in a uniform fashion.

According to Agoric, with over $2 trillion in liquidity fragmented across different blockchains and their ecosystems (Ethereum, Solana, L2s, L3s, app-chains, sovereign rollups, subnets and more), users are too often left with complex, arduous experiences in Web3.

Many have tried to solve this fragmentation issue by launching bridges and interoperability solutions, however, the experience is still limited due to the lack of programmability with existing solutions.

Even simple use cases like paying with assets on one blockchain for services on another one require multiple user actions and signatures, leaving crypto assets trapped within isolated silos.

Multi-chain use cases enabled by Orchestration:

– Interchain trading terminal Calypso will leverage Agoric Orchestration to launch their staking widget. With just one click, users can stake into any IBC-enabled chain from almost any starting token (ETH, SOL, etc.). Normally, this process of cross-chain staking could take the user six separate steps including multiple signatures, but with Agoric Orchestration, it’s only one action.

Builders ready to orchestrate the multi-chain can apply for Agoric’s Early Access Program, offering 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 interview on request

About Agoric

Agoric is a layer 1 blockchain for orchestration. In the fragmented blockchain landscape, Agoric brings orchestration to Web3 to solve the chain abstraction challenge and foster composability and true interoperability that unlock a new era of universal liquidity.

Agoric is the brainchild of renowned computer scientists, Dean Tribble and Mark Miller. Their groundbreaking work in secure computing and distributed systems laid the foundation for Agoric's innovative technology.

For more information, users can visit Agoric's: Official Website | Twitter (X) | Discord | Linkedin

Original source:cryptodaily

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