For its more than 300 million users, Opera, a web3 browser for crypto, revealed intentions to incorporate Elrond blockchain services. Through the integrated Opera wallet, users of Opera could immediately access various decentralized applications (DApps) and other well-known services.
Since 2018, Opera, one of the first online browsers, has been developing cryptocurrency-related technologies. In January, it made a beta version of its specialized “Crypto Browser Project.” For safer browsing, this project was created with Web3 compatibility and improved privacy and security features. The alliance strengthens Elrond’s dedication to increasing blockchain use and adoption.
Introduction to Elrond
Elrond is a brand-new blockchain architecture created from the ground up to boost throughput and execution speed by 1,000. A revolutionary Adaptive State Sharding mechanism and a Secure Proof of Stake (PoS) algorithm, which together enable linear scaling with a quick, effective, and secure consensus mechanism, are introduced by Elrond as two essential inventions that help to accomplish this.
What does this integration mean?
Elrond’s technology and token integration are other examples of the remarkable ecosystem of dApps and ESDTs created around the blockchain. Opera is the ideal gateway to Web3 because users can access native EGLD tokens and ESDTs from Holoride, Itheum, Utrust, and Maiar DEX. In addition, users can take part without using a third-party wallet, thanks to having the entire Elrond ecosystem at their fingertips.
In an interview, Danny Yao, senior product manager at Opera, said, “We aim to be an understandable and secure entry point to Web3 for anyone interested in crypto. This also means we have provided a wallet selector feature that lets our users choose which wallet they want to choose to interact with a particular DApp.”