Logo
Cardano Ecosystem

Dailycoin

04/04/2023

·

304 views


Cardano Gaming Goes Interoperable Through Paima Layer-2 Launch

April 4, 2023 │ 3:30 PM GMT Paima’s Layer-2 offers two-way interoperability for on-chain gaming on Cardano. The Layer-2 does not use briding and is non-custodial, mitigating security...

Cardano Gaming Goes Interoperable Through Paima Layer-2 Launch
Darryn Pollock

April 4, 20233:30 PM GMT

Google News Follow Button

A man in a gaming chair flying on giant Cardano ADA token.
  • Paima’s Layer-2 offers two-way interoperability for on-chain gaming on Cardano.
  • The Layer-2 does not use briding and is non-custodial, mitigating security risks.
  • This integration is one of several in recent weeks for Cardano, bolstering its offerings. 

Onchain gaming is still an emerging niche of the blockchain ecosystem that has several hurdles to overcome, notably interoperability and ease for users to play blockchain-based games across networks without the need to bridge tokens. 

Cardano has bolstered its potential as a destination for blockchain gaming with cross-chain network integration, allowing its users to play any on-chain games using ADA tokens. Paima’s Layer-2 creates an interoperable link that goes both ways, also opening up Cardano-based games to any network user. 

Cardano won't just be a top EVM chain

It will also be a top gaming chain🔥

Paima is a L2 for onchain games with ANY web2 language using ANY game engine

Now live for EVERY Cardano user from ANY wallet

All in pure ADA

Making Cardano a top gaming chain by user count🚀 pic.twitter.com/NNiia22p84

— Paima Studios (@PaimaStudios) April 3, 2023

Play Through Paima 

Paima Studios announced the integration with Cardano on Monday, April 3, boasting about the interoperable capabilities as well as its potential to work with any Web2 language and any gaming engine. Because Paima is a Layer-2, it operates like an independent network that bundles transactions to a blockchain for faster speeds and cheaper costs.

Cardano users will have a much bigger pool of blockchain games to play without exchanging or bridging tokens to another network. Bridging also brings inherent security risks, which will be mitigated with this integration

Paima also explained that all games on the network are non-custodial; another added security measure allowing funds to remain in user wallets and not transferred to the game’s wallets.

Cardano on the Move

Cardano has been making a number of network improvements. Milkomeda, another Layer-2 network, was also integrated last week.

Through Milkomeda Cardano, users will be able to gain access to Ethereum Virtual Machine (EVM) smart contracts with any ADA wallet.

On the Flipside

  • It was revealed in February that Paima Studios would participate in a new Web3 initiative from Microsoft. The studio would join the tech giant’s startup program to help Japanese game developers and Web3 entrepreneurs deploy the Paima Engine in their applications.

Why You Should Care

Blockchain gaming is a sector that holds tremendous potential. The global gaming sector continues to expand, and blockchain has been theorized as an appropriate technology to take it into Web3, but many teething issues need to be solved before it goes mainstream. 

Read more about Milkomeda’s view on Cardano:
Sebastien Guillemot: Cardano (ADA) “Will Be a Top EVM Chain Next Month.”

Read more about how UK Banks and policymakers may be slowing crypto innovation:
Are UK Banks and Policy Makers Fighting Rishi Sunak’s Crypto Hub Dreams?

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

AD

SNEKbot by DexHunter on CARDANO

Cardano's Telegram Trading Bot live on Cardano mainnet!TRADE NOW!


Read Original Article on Dailycoin

ORIGINAL SOURCE

https://dailycoin.com/cardano-gaming-goe...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


Genius Yields DEX Launched!

More from Dailycoin

See more
Cardano and the SEC Problem: How CIP-1694 Could Provide Solutions
Dailycoin
Cardano and the SEC Problem: How CIP-1694 Could Provide Solutions

06/07/2023

·

231 views

Related News

See more
Genius Yields DEX Launched!

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)