Opera has announced that Opera for Android (OfA) has now become the first mobile browser with an Ethereum Layer 2 Wallet. The company has integrated with DeversiFi, and the integration has been powered by StarkWare.
Now, OfA users will be capable of directly transacting with Ethereum Layer 2 and taking advantage of "ultra-low" transactions and instant trading, "making swaps 100 times quicker and more cost-effective." The latest capability will provide "low cost and near-instant" DeFi functionality to Opera users with no personal data needed through DeversiFi's decentralized exchange.
Through integration with Ethereum Layer 2 exchange DeversiFi powered by Starkware's Layer 2 scaling solution, Opera will be able to deliver "cheap and instant" transactions within its OfA browser wallet. It also makes it more efficient for Opera users to send ETH to each other in peer-to-peer (p2p) transactions with a Layer 2 swapping feature.
Regarding the integration, Opera stated:
Through this integration, the Opera users are able to seamlessly interact with DeFi on a user-friendly interface and experience a completely new way to interact with financial services at low costs, which are particularly relevant for those users who today are being priced out of the market due to high transaction costs on Ethereum.
The integration was made possible through collaboration with Gateway.fm, a blockchain-backend company which led the integration and helped Opera achieve it in record time by building upon DeversiFi’s existing infrastructure.
Users can begin transacting with Layer 2 by installing the beta version of Opera for Android, and activating the L2 card from the crypto wallet feature in the settings. The Opera Crypto Browser Project, Opera's Web3 initiative, will also integrate Layer 2 solutions soon.