Sebastien Guillemot, co-founder of DcSpark and Paima Studios, lately spoke a few potential collaboration in 2024. Guillemot, a software program engineer and a Cardano group member, famous in a put up on X, “Anticipate extra tasks that mix Arbitrum with @cardano and @MinaProtocol in 2024.”
Guillemot sees worth in uniting these platforms, notably throughout Ethereum’s market struggles.
Cardano’s present limitation
Whereas the group expressed enthusiasm for tasks within the pipeline, Guillemot acknowledged that Cardano’s present infrastructure limits its capacity to validate zero-knowledge proofs till the subsequent hardfork.
Additionally Learn: Cardano Founder to Critics, “We are Winning,” Just like Bitcoin
In the meantime, in a current weblog put up shared by Guillemot, Paima Studios notes its ambition to raise decentralized gaming to rival web2. Paima Engine, developed by Paima Studios, designs blockchain video games. After specializing in Ethereum-based platforms, Guillemot underlined that Paima is now virtually completed integrating with Cardano.
The weblog put up additionally highlights overcoming the restrictions of present layer-1 blockchains that dominate 80% of the crypto market’s liquidity however fall brief in scaling to assist mass multiplayer on-line video games (MMOs).
Guillemot’s resolution includes leveraging Zero Information (ZK) cryptography to boost scalability. This method may handle the difficulty of knowledge storage limitations on layer-1 blockchains, a crucial step towards attaining the scalability essential for the widespread adoption of decentralized gaming.
Cardano, Arbitrum and Mina achieve
Because the group anticipates the belief of those modern ideas in MMOs, Cardano (ADA) has seen notable development of over 120% within the final yr. Regardless of this optimistic pattern, information from CoinGecko reveals that Cardano remains to be 80% under its document peak, reached in September 2021.
In the meantime, Arbitrum (ARB) and Mina Protocol (MINA) have additionally proven vital exercise. Arbitrum’s value stands near $1.3 at press time, having reached an all-time excessive of $8.67 9 months in the past. In the meantime, Mina’s current value is near $1.17, a 200% rise from its all-time low seen in October 2023.
That mentioned, the Mina Basis, liable for the MINA protocol, underwent a big change in management simply final week. Evan Shapiro, co-founder of the protocol and its earlier CEO, introduced the transition, appointing Kurt Hemecker, the previous Chief Working Officer, as the brand new CEO.
Additionally Learn: Mina Foundation Reshuffles Board Ahead of zkApps Upgrade
Additionally Learn: Arbitrum DAO’s Staking Proposal Ignites ARB Price Surge
The offered content material might embrace the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any accountability on your private monetary loss.
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