A vision for the future of Cardano

CARDANO’S LEAD DEVELOPER HINTS AT GROUNDBREAKING DEVELOPMENTS IN 2024

In a recent statement that has sent ripples through the blockchain community, Sebastien Guillemot, the lead developer of Cardano, hinted at revolutionary developments slated for 2024.

A vision for the future of Cardano

Sebastien Guillemot, a prominent figure in the Cardano ecosystem, has been at the forefront of advancing layer-2 solutions for the blockchain. His studio, Paima Studios, made waves earlier this year by unveiling a layer-2 solution to enhance on-chain gaming experiences for Cardano users.

Guillemot’s recent pronouncement hints at a grander vision that extends beyond gaming, pointing towards a strategic partnership with Arbitrum and Mina Protocol.

In an official blog post from Paima Studios, the challenges of scaling decentralized gaming experiences on the blockchain are brought to the forefront.

The post emphasizes the limitations of current layer-1 blockchains in handling the demands of gaming and other high-throughput applications. It is here that Mina Protocol emerges as a potential game-changer, leveraging Zero Knowledge layers and Data Availability layers to achieve unprecedented scalability.

A vision for the future of Cardano
A vision for the future of Cardano

Onchain Market Maker

Cumberlands withdrew 5490 $ETH to wallet from #Gemini then transferred 7000 $ETH to Cumberlands’ holding wallet
Currently, Cumberlands holding a wallet
– 106,915 $ETH = $237,858,775
– 110,030,216 $USDT
– 79,930,813 $USDC
The interesting thing that we should note is that Cumberlands has been very active with $ETH since May 19, 2023. From the time of holding $ETH until now, December is the month Cumberlands accumulates the most $ETH. $ETH withdrawal volume this December accounts for 50% of port hold
A vision for the future of Cardano

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