Definition ∞ Tezos Etherlink is a specific layer-two scaling solution for the Tezos blockchain, designed to provide Ethereum Virtual Machine compatibility. This allows developers to deploy and run Ethereum-based smart contracts and decentralized applications on the Tezos network. It aims to combine the robust security and governance model of Tezos with the extensive developer ecosystem and tools of Ethereum. Etherlink facilitates cross-chain development and expands the utility of both platforms.
Context ∞ Tezos Etherlink represents a strategic move to broaden the appeal and interoperability of the Tezos ecosystem, attracting developers and users from the Ethereum community. Discussions concern the performance benchmarks, security guarantees, and economic models of this layer-two solution. Future developments will likely involve continuous optimization of Etherlink’s compatibility and efficiency, fostering a more unified and accessible decentralized application landscape.