![]() | MagicblockMagicBlock is a network built on top of Solana for developing open, decentralized games and consumer applications. It enhances Solana’s capabilities while maintaining composability, enabling seamless interaction between applications. Seed Round: $7.5M Pre-Seed Round: $3M IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is Magicblock
MagicBlock operates as a specialized Solana Virtual Machine (SVM) runtime, seamlessly integrating with Solana’s base layer. Developers deploying programs on Solana are fully compatible with the ephemeral rollup down to the bytecode, benefiting from the SVM’s high performance and robust ecosystem.
Traditional rollups and Solana’s current execution model have inherent constraints when handling resource-intensive applications. MagicBlock removes these limitations by enabling:
- Ultra-Low Latency (10 ms Block Time): Solana’s default 400 ms block time is too slow for real-time applications. MagicBlock allows developers to customize execution environments while maintaining full compatibility.
- State Integrity Without Fragmentation: Traditional rollups fragment application states across multiple environments, making interoperability difficult. MagicBlock prevents this by utilizing specialized RPC providers that route and process transactions in parallel between Solana’s base layer and ephemeral rollups.
- Near-Zero Transaction Fees: Even Solana’s low fees (~$0.01 per transaction) can be expensive at scale. MagicBlock drastically reduces costs, enabling minimal or zero-fee transactions.
- Horizontal Scalability: Standard rollups struggle to scale efficiently. MagicBlock enables horizontal auto-scaling, seamlessly spinning up multiple ephemeral rollups to process millions of transactions per second.
DetailsRaised: 10,500,000 USDLegalBlockchain Platform: SolanaRegistration year: 2019 |
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