Opera and DeversiFi integrate to take crypto mainstream

Opera has announced an integration with DeversiFi, a StarkWare-powered solution, with which Opera for Android becomes the first mobile browser to feature an Ethereum Layer-2 wallet, Invezz learned from a press release first posted on Crypto Daily.

Millions of Opera users access DeFi

Following the integration, millions of Opera users will access DeFi and benefit from low-cost, near-instant transactions without having to share personal data. This is possible due to DeversiFi’s decentralized exchange.  

DeFi’s popularity and the growth of NFTs have led to much higher transaction fees on Ethereum (ETH/USD). Opera’s integration with an L2 scaling solution lets Opera users send and receive ETH for less and faster via p2p transactions and an L2 exchange feature.

Cofounder and CEO of DeversiFi Will Harborne stated:

Opera’s EVP Mobile Jurgen Arnesen added:

Instant transactions with StarkEx scalability engine

StarkWare’s scalability engine renders L2 transactions near-instant. Moreover, they’re almost a hundred times cheaper than ETH L1 transactions. The integration allows Opera to introduce its users to instant trading while eliminating unreasonably high transaction fees.

Taking crypto mainstream

Opera is a leading proponent of taking crypto mainstream. They introduced the first browser with a built-in crypto wallet and decentralized application (dApp) explorer in 2018. They also launched a project called Crypto Browser, which is a Web 3 browsing experience that will also integrate layer-2 solutions.