All Lastest Crypto News Tue, 25 Aug 2026 00:31:52 GMT

Cardano Receives On-chain Gaming Boost Following The Launch Of Paima Layer 2

Cardano users will be able to play on-chain games using ADA tokens thanks to a new cross-chain network integration, allowing users of other networks to be able to play Cardano-based games. Paima Studios introduced this feature for the Cardano blockchain on Monday. Paima is a layer 2, or independent network, which bundles transactions to a basic blockchain for quicker speeds and less expensive charges, making the transfer viable.


Wed, 05 Apr 2023 16:29:00 GMT

A new cross-chain network integration will allow Cardano users to play on-chain games using ADA tokens – and users of other networks to play Cardano-based games.

Paima Studios released this feature for the Cardano blockchain on Monday, developers tweeted. The move is possible because Paima is a layer 2, or an independent network that bundles transactions to a base blockchain for faster speeds and cheaper costs.

Cardano users can play any blockchain-based games without needing to bridge tokens to another network. Paima also supports the migration of games built on other networks to Cardano, allowing users of those networks to play a game based on Cardano without having to move assets.

Bridging refers to transferring tokens between different blockchains. However, bridges carry major security risks and were at the center of some of the biggest exploits in 2022.

As such, Paima said all games on the network are non-custodial, meaning funds remain in the user’s wallets and don’t have to be transferred to the game’s wallets – mitigating security risks.

The release is the latest in a series of network improvements and features for the Cardano blockchain, which may ultimately add value to its ADA tokens.

Last week Milkomeda, another layer 2 network, released a feature that will allow Cardano blockchain users to soon be able to gain access to Ethereum Virtual Machine (EVM) smart contracts with any ADA wallet.

An Ethereum Virtual Machine is where all Ethereum accounts and smart contracts live, serving as a virtual computer used by developers to create decentralized applications, or dapps.

The new feature will allow Ethereum application developers to build on Cardano’s network using Solidity – the computer language used to code Ethereum – without the need to install new toolkits or learn a new computer language, as CoinDesk reported.

Edited by Parikshit Mishra.

Shaurya Malwa

Nguồn: https://www.coindesk.com/tech/2023/04/04/cardano-gets-onchain-gaming-boost-as-paima-layer-2-goes-live/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Bitcoin Open Interest Surges by $1.8 Billion as Price Breaks $27,000

Bitcoin Open Interest Surges by $1.8 Billion as Price Breaks $27,000

newsbtc - 1071 ngày trước
Bitcoin Poised for Parabolic Rise with Institutional Capital Inflow, Says Morgan Creek Capital Founder

Bitcoin Poised for Parabolic Rise with Institutional Capital Inflow, Says Morgan Creek Capital Founder

The Daily Hodl - 1071 ngày trước
Citigroup Leads the Way with Permissioned Blockchain for Institutions

Citigroup Leads the Way with Permissioned Blockchain for Institutions

Blockworks - 1071 ngày trước
Bitcoin Dominance Soars Above 50%, Emerging as the Crypto Safe Haven

Bitcoin Dominance Soars Above 50%, Emerging as the Crypto Safe Haven

U.Today - 1071 ngày trước
Animoca Game Studio Pioneers Bitcoin-Backed Metaverse Token, Ushering in Bitcoin's Next Phase

Animoca Game Studio Pioneers Bitcoin-Backed Metaverse Token, Ushering in Bitcoin's Next Phase

Bitcoin News - 1072 ngày trước
Bitcoin's New Address Surge Signals Bullish Divergence Amidst Market Uncertainty

Bitcoin's New Address Surge Signals Bullish Divergence Amidst Market Uncertainty

U.Today - 1072 ngày trước