Skip to main content

Featured Story

Transformative Shift: COTI Leads the Future of Privacy with Ethereum Layer 2 Adoption

million, to fuel the holistic development of its ecosystem. This initiative is designed to support projects and developers who are aligned with COTI's mission of enhancing privacy, security, and scalability within the Ethereum ecosystem. The Ecosystem Growth Fund represents a significant investment in the future of blockchain technology and underscores COTI's dedication to fostering innovation and growth within the industry. Advancing Privacy with Garbling Circuits Technology COTI's transition to Ethereum Layer 2 signifies a strategic shift towards scalable privacy solutions within the blockchain space. The adoption of Garbling Circuits technology enhances the speed, efficiency, and security of COTI V2, positioning the firm as a pioneer in privacy-focused initiatives. Garbling Circuits technology opens doors to a wide range of applications, including privacy-preserving wallets, decentralized exchanges (DEXs), private AI training, governance mechanisms, and more. Part

Unveiling Ubisoft's Partnership with Wemix 3.0: A Game-Changing Move into Blockchain Gaming

Ubisoft's recent partnership with Wemix as one of the 40 Node Council Partners running validator nodes for the new Wemix 3.0 network marks a significant milestone in the blockchain and gaming industries. The transition from the Klaytn mainnet to the Ethereum compatible EVM blockchain signifies a strategic move by WeMade, as they have rebranded the older chain and corresponding token as Wemix Classic. The new Wemix blockchain operates on a proof of stake authority consensus algorithm, combining elements of a proof of stake structure and a proof of authority model to ensure efficient and secure transactions. It is worth noting the following key points regarding this development:

  • Node Validation: Wemix's network relies on nodes to validate transactions, with each node being a computer running blockchain software to confirm transactions.
  • Node Council Partners: All 40 Node Council Partners, including Ubisoft as the 26th member, will be responsible for running Wemix nodes to validate the blockchain.
  • Wonders: The Wemix team has aptly named each node partner as "Wonders," highlighting the importance of their role in the network.
  • Ubisoft's Blockchain Ventures: Ubisoft's entry into the blockchain gaming space has been notable, with early adoption of NFTs in games like Tom Clancy's Ghost Recon Breakpoint, despite facing some backlash. The company's continued exploration of crypto technologies is evident through its involvement as a node operator for other blockchains like Hedera and Cronos.
  • Champions Tactics: Ubisoft's foray into blockchain gaming with Champions Tactics has already seen success, with the game's first free NFT mint generating millions in trading volume within hours of launch.

Ubisoft's commitment to blockchain technology and partnership with Wemix further solidifies its position as a key player in the evolving landscape of blockchain gaming. This collaboration not only highlights the growing intersection between traditional gaming giants and blockchain innovation but also sets the stage for continued advancements in the industry.

Comments

Trending Stories