What is Etherlink?

Etherlink is a EVM-compatible Layer 2 blockchain built on Tezos Smart Rollup technology. It aims to bridge the Ethereum and Tezos ecosystems, offering developers and users enhanced speed, security, and decentralization for decentralized applications (dApps) and asset transfers.

Key Features of Etherlink

• EVM Compatibility: Etherlink allows seamless integration with Ethereum tools like MetaMask, Hardhat, and Foundry, enabling developers to deploy smart contracts and dApps with familiar resources while benefiting from Tezos' unique features.

• Ultra-Low Transaction Costs: Transactions on Etherlink cost as little as $0.001, making it highly affordable for developers and users.

• Fast Transaction Times: Etherlink provides sub-second confirmation times (~500ms) and posts data to Tezos Layer 1 within ~10 seconds, ensuring quick processing.

• Robust Security: Built on Tezos' enshrined Smart Rollups, Etherlink eliminates risks associated with centralized bridges or administrative keys. This architecture enhances decentralization and censorship resistance.

• Decentralized Governance: Upgrades and development are managed through Tezos' proven on-chain governance system, allowing community-driven evolution of the platform.