Digital Wallet Firm Liminal Now Integrates with Tezos Blockchain

Tezos, an eco-friendly blockchain network, now officially supports Singapore-based digital wallet service, Liminal. The official announcement was shared by Tezos India, according to which their in-house development team helped Liminal with this integration. A decentralized decentralized blockchain, Tezos was founded in San Francisco, US, in 2014. It is an open source Proof of Stake (PoS) blockchain network that consumes more than 2 million power under the power of proof of work (PoW) networks like Bitcoin.

The integration of Liminal into the Tezos blockchain aims to make digital assets such as cryptocurrencies safer and more rewarding for individuals and businesses without compromising security and identity.

“The development comes at a time when the recent FTX debacle and other security-related concerns and incidents have shaken the crypto and blockchain industry around the world. Amid ongoing security concerns about wallets in the market, we aim to lead by example by onboarding Liminal, which works to build a secure and sound wallet infrastructure,” Tezos India said in a statement.

Tezos is able to facilitate 40 transactions per second (TPS), just like CoinMarketCap. articlesbecause the number of DeFi transactions in the Tezos ecosystem has seen significant growth.

Liminal’s entry into the Tezos blockchain will also help users explore customized possibilities for self-storage services.

“We hope that this program will help protect the projects that build Tezos. It will also ensure that Web3 users and creators have full autonomy over their digital assets,” added Manan Vora, Senior Vice President of Strategy and Operations at Liminal.

The use of crypto wallets is getting a lot of buzz on social media following the collapse of the FTX crypto exchange.

At least $1 billion (approx. Rs. 8,110 crore) of client funds it is reported that It disappeared in the fall of the crypto exchange FTX.