Etherlink vs Electra Protocol

Etherlink is an EVM-compatible, non-custodial Layer 2 blockchain powered by Tezos Smart Rollup technology. It enables seamless integration with existing Ethereum tools, including wallets and indexers, and facilitates asset transfers to and from other EVM-compatible chains. Built upon the secure foundation of Tezos layer 1, Etherlink delivers a fast, fair, and (nearly) free experience. This permissionless and censorship-resistant environment empowers developers to actively create and participate in the next generation of decentralized applications.

Electra Protocol is an ecosystem for near real-time transactions at almost no cost. Upcoming features include multicurrency payments and smart contracts that will empower anyone to create their own solutions. Simply put: Instant payments without needing a bank account.