Sebastien Guillemot has dropped hints about an upcoming collaboration between Cardano, Arbitrum, and Mina Protocol.
Charles Hopkinson, the founder of Cardano, recently discussed the network’s impressive growth and how it achieved its milestones without relying on media coverage.
The crypto industry is set to undergo a major transformation in 2024, with several groundbreaking projects and events on the horizon. Enthusiasts are eagerly anticipating the Bitcoin halving event and the potential approval of a spot Bitcoin Exchange-Traded Fund. Among these exciting developments, a significant collaboration involving Cardano, Arbitrum, and Mina Protocol is expected to be announced in the coming year.
During an interview on X, Sebastien Guillemot, co-founder of DcSpark and Paima Studios, as well as a software engineer and Cardano community member, hinted at the possibility of a collaboration between Cardano (ADA), Arbitrum, and Mina Protocol. In a tweet, Guillemot expressed his positive experience working with Arbitrum and indicated that more projects combining Arbitrum with Cardano and Mina Protocol can be expected in 2024.
Guillemot’s tweet received a positive response from the crypto community. He acknowledged that Cardano’s current inability to easily verify a ZK Proof on the mainnet could be a hurdle, but assured that it could be addressed in the next hard fork. He also shared a blog post outlining the challenges of layer 1 and the need for scaling decentralized gaming experiences to accommodate a large number of players.
The report also revealed that the introduction of innovative concepts in MMOs resulted in a 120% growth for Cardano last year. However, Cardano is still down 80% from its peak in September 2021. Arbitrum and Mina Protocol have also experienced significant increases in activity. Arbitrum’s governance community recently voted to start a staking rewards program, leading to a price surge for its native token (ARB). At the time of writing, Arbitrum was trading at $1.31, reflecting a 17.9% increase in the last seven days. Cardano (ADA) has also seen a 2% increase in the last seven days, reaching a trading price of $0.60. The market sentiment for ADA is currently neutral, with a score of 53/100.
In a recent statement, Charles Hopkinson of Cardano indirectly criticized Bitcoin by highlighting how Cardano has achieved growth and milestones without the involvement of the crypto media or influencers. Hopkinson emphasized that Cardano is designed to handle high loads and has ample room for optimizing the network and DApps for scalability. He attributed Cardano’s success to community growth and engagement, similar to Bitcoin’s approach.
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