Sebastien Guillemot, co-founder of DcSpark and Paima Studios, lately spoke a couple of potential collaboration in 2024. Guillemot, a software program engineer and a Cardano neighborhood member, famous in a submit on X, “Expect more projects that combine Arbitrum with @cardano and @MinaProtocol in 2024.”
Guillemot sees worth in uniting these platforms, notably throughout Ethereum’s market struggles.
Cardano’s present limitation
While the neighborhood expressed enthusiasm for tasks in the pipeline, Guillemot acknowledged that Cardano’s present infrastructure limits its capacity to validate zero-knowledge proofs till the subsequent hardfork.
Also Read: Cardano Founder to Critics, “We are Winning,” Just like Bitcoin
Meanwhile, in a latest weblog submit 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 nearly completed integrating with Cardano.
The weblog submit additionally highlights overcoming the constraints 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 answer includes leveraging Zero Knowledge (ZK) cryptography to boost scalability. This method might tackle the difficulty of information storage limitations on layer-1 blockchains, a essential step towards reaching the scalability mandatory for the widespread adoption of decentralized gaming.
Cardano, Arbitrum and Mina acquire
As the neighborhood anticipates the belief of those progressive ideas in MMOs, Cardano (ADA) has seen notable progress of over 120% in the final yr. Despite this optimistic development, knowledge from CoinGecko reveals that Cardano remains to be 80% beneath its file peak, reached in September 2021.
Meanwhile, Arbitrum (ARB) and Mina Protocol (MINA) have additionally proven important 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. Meanwhile, Mina’s latest value is near $1.17, a 200% rise from its all-time low seen in October 2023.
That stated, the Mina Foundation, chargeable 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 Operating Officer, as the brand new CEO.
Also Read: Mina Foundation Reshuffles Board Ahead of zkApps Upgrade
Also Read: Arbitrum DAO’s Staking Proposal Ignites ARB Price Surge
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