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MagicBlock secures $7.5 million in funding, aiming to leap over L2 and become Solana's ultra-fast instant engine.
MagicBlock announced the acquisition of $7.5 million in seed funding on X. MagicBlock is a Solana startup team that stated they will use this funding to expand Solana's real-time infrastructure. MagicBlock's core technology is "Ephemeral Rollups" (, which allows developers to deploy native applications on Solana that can offload high-frequency workloads to run quickly on the applications, reportedly without going through Solana Layer 2 ) also known as Rollup (. MagicBlock aims to become the super fast real-time engine ) for decentralized games ( and applications, built natively on the Solana chain without causing fragmentation.
This financing round is led by Lightspeed Action, with participants including MAVEN 11, Robot Ventures, DELPHI VENTURES, MECHANISM CAPITAL, equilibrium, and PIVOT GLOBAL. Angel investors include Solana Foundation co-founder Anatoly Yakovenko, Mert Mumtaz, Matt Sorg, Theo Gonella, Chainyoda, and Blas Ramirez.
Introduction to MagicBlock
MagicBlock is a high-performance engine for on-chain games and applications built on the Solana blockchain. MagicBlock is an expansion of the Solana infrastructure, aimed at becoming the most efficient engine for real-time applications on Solana, specifically designed for decentralized applications, characterized by its ability to enhance Solana's functionality while maintaining composability and integrity.
Features of MagicBlock
The blockchain currently faces three technical challenges: including latency )Latency(, the transaction speed on-chain is too slow for real-time applications; cost )Cost(, even low-fee blockchains become expensive at scale; and scalability (Scalability)), the current architecture struggles to handle high throughput for applications.
MagicBlock solves the three technical challenges mentioned above through Ephemeral Rollup technology, enabling developers to create 10 milliseconds (Milliseconds abbreviated as MS) fast conversions, with zero Gas and horizontal scaling )Horizontal Scaling( for dApps. MagicBlock runs the Solana Virtual Machine )SVM( and seamlessly integrates with Solana's L1, reportedly without going through Solana L2.
What are Ephemeral Rollups?
BlackBlock co-founder Andrea Fortunio explained that the core technology behind MagicBlock is Ephemeral Rollups ) temporary aggregation (, which allows developers to build on Solana while delegating certain transactions to a globally deployed fast SVM (Solana Virtual Machine ) when needed. This approach enables real-time latency and optimization at runtime without requiring developers to leave the Solana ecosystem or use a separate L2 solution.
The operating principle of Ephemeral Rollups (临时汇总)
There are several execution steps to use Ephemeral Rollups, developers create smart contracts on Solana, and when )Latency( is delayed, certain states can be delegated to The Ephemeral Validator ) Temporary validators replicate relevant state and allow for faster transaction processing, and transactions can be run on Solana (for unlock status) and temporary summaries (for delegated state). When the process is complete, the status is returned to Solana after validation by the Security Committee, allowing developers to maintain composability with the L1 base layer while achieving latency as low as 50 milliseconds, which is important for developing real-time multiplayer on-chain games.
This article MagicBlock has received $7.5 million in funding, aiming to skip L2 and become the Solana super-speed instant engine, first appearing on the on-chain news ABMedia.