Cardano Gets Onchain Gaming Boost as Paima Layer 2 Goes Live

Cardano Gets Onchain Gaming Boost as Paima Layer 2 Goes Live

By: TOGRP

April 5, 2023 3:58 AM / 0 Comments News Cardano Web3 ZentaPost Web3 Business Web3 Services

Cardano Gets Onchain Gaming Boost as Paima Layer 2 Goes Live \n \n 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 as Paima is a layer 2, or an independent network that bundles transactions to a base blockchain for faster speeds and cheaper costs. \n \n 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. \n \n Source

By: TOGRP

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