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- Weekly Digest #45: Cardano & BitcoinOS Integration, Midnight Network Partnerships, Minswap & Atrium Alliance, TxPipe Makes dApp-building Simple With Demeter, & More!
Weekly Digest #45: Cardano & BitcoinOS Integration, Midnight Network Partnerships, Minswap & Atrium Alliance, TxPipe Makes dApp-building Simple With Demeter, & More!
Your weekly dose of Cardano News
Hey Cardanians! Welcome aboard the Weekly Cardano Digest #45!!
This edition is packed with valuable insights into Cardano's latest developments. Today's edition is brought to you by TxPipe, an open-source software development company on Cardano that focuses on integrating on-chain data with off-chain infrastructure.
We've filtered through all the noise to distill crucial updates into a breezy, 5-minute read. No need for you to sift through endless info — we've got you covered. Ready to delve into this week's top Cardano news? Let’s dive in.
Here are the topics of the week:
Cardano Integrates BitcoinOS Grail Bridge
Midnight Network Makes Strategic Alliances to Accelerate Zero-Knowledge dApp Development
Minswap Partners with Atrium Labs to Enhance User Experience
EMURGO Partners with Axelar to Develop Cardano's Interoperability
TxPipe makes dApp-building simple with Demeter
Weekly Development Report
& More!
This newsletter is segmented into categories of less technical news topics to those that are more technical, in an effort to make it easier for our readers to follow. The first category will focus on news involving the Cardano ecosystem, while the second category will focus on projects that have been announced recently. The third category, which will be found towards the end of the newsletter, will focus on the most technical topics.
This week on Cardano…
Cardano Integrates BitcoinOS Grail Bridge
Cardano has integrated the BitcoinOS Grail Bridge. This integration allows for decentralized programmability and scalability on Bitcoin, making Cardano the first major Layer 1 blockchain to connect with BOS infrastructure.
By bridging Bitcoin and Cardano, this collaboration aims to create a new digital ecosystem that combines the value of both networks. This is significant as Bitcoin holds most of the market value, while Cardano and other cryptocurrencies host most of the activity.
EMURGO, a founding entity of Cardano, partnered with BOS to develop the Grail Bridge. This bridge enables secure and trustless transfers of BTC and other Bitcoin assets to Cardano. The integration of the Grail Bridge with Cardano's open-source ecosystem is a major milestone. It allows Cardano DeFi dApps to benefit from Bitcoin's liquidity and security.
This development positions Cardano as a leader in the crypto industry, demonstrating its commitment to innovation and interoperability. READ MORE
Midnight Network Makes Strategic Alliances to Accelerate Zero-Knowledge dApp Development
Midnight Network has formed partnerships with Maestro, Paima Studios, and Sindri Labs to enhance the development of zero-knowledge applications on its platform.
Key benefits of these partnerships:
Improved tooling: Developers will have access to powerful data APIs and developer tools provided by Maestro.
EVM compatibility: Paima Studios is working to bring Ethereum Virtual Machine (EVM) compatibility to Midnight.
Faster proving times: Sindri Labs is focused on reducing the time required for zero-knowledge proofs.
These partnerships aim to make it easier for developers to build on Midnight and leverage its programmable data protection capabilities. By combining Midnight's technology with the expertise of these partners, developers can create innovative and secure zero-knowledge applications. READ MORE
Minswap Partners with Atrium Labs to Enhance User Experience
Minswap, a decentralized exchange on Cardano, has announced a strategic partnership with Atrium Labs, a provider of innovative blockchain interfaces. This collaboration aims to improve user engagement, accessibility, and overall experience within the Cardano ecosystem.
Key areas of focus for the partnership:
Social DeFi: Integrating Atrium's Business Profiles to create a more engaging and community-driven DeFi experience.
Staking Reinvented: Leveraging Atrium's Staking Baskets technology to offer users more flexibility and rewards.
Education and Accessibility: Creating resources to make Cardano and DeFi more accessible to users.
Seamless User Experience: Integrating Atrium's user-friendly interface to improve the overall experience on Minswap.
This partnership combines Minswap's DeFi expertise with Atrium's innovative approach to user experience. It aims to create a more engaging and accessible platform for Cardano users. READ MORE
EMURGO Partners with Axelar to Develop Cardano's Interoperability
EMURGO, a leading blockchain technology company and one of Cardano’s founding entities, has partnered with Axelar Network to improve Cardano's interoperability with other blockchains. This collaboration aims to enhance Cardano's liquidity and user base by connecting it to a wider range of blockchain ecosystems.
By integrating with Axelar's secure cross-chain communication protocol, Cardano can facilitate the flow of stablecoins and other assets, attract users from other blockchains, and enable seamless interaction with DeFi applications on other chains.
Axelar provides secure and efficient cross-chain communication for Web3 applications. By leveraging a proof-of-stake consensus mechanism, Axelar ensures the security and reliability of its network. This allows developers to build interoperable dApps that can access assets and services across multiple blockchains, providing a seamless user experience.
EMURGO, a founding entity of Cardano, is committed to empowering individuals and organizations through Web3 technologies. By partnering with Axelar, EMURGO aims to enhance Cardano's interoperability and expand its ecosystem. This collaboration positions Cardano as a more versatile and interconnected blockchain platform. READ MORE
TxPipe makes dApp-building simple with Demeter, a platform that provides all of the resources needed to to interact with the Cardano blockchain in a fast, simple, and cost-effective manner
Sponsored Post
TxPipe is a software company that believes that blockchain adoption can be accelerated by improving developer experience. TxPipe has remained committed to its mission to facilitate software development for projects within the Cardano ecosystem by simplifying design and implementation.
Interacting With the Cardano Blockchain Made Easy
When building a dApp, interacting with the blockchain can be difficult. This can involve querying lengthy amounts of data, running expensive servers, and dealing with time-consuming software. Dealing with these processes inevitably takes time away from focusing on dApp design and development.
Among TxPipe’s various projects, the software company launched Demeter to tackle this specific problem by making development on Cardano an easy task. By providing all of the resources needed to interact with the blockchain, including a list of starter kits that serve as code examples and learning tools, Demeter allows dApp developers to start building their products right from their browser.
To get started, users simply need to create an account and create a service that they would like to interact with. Starting is free and payment is per usage, making services accessible for developers new to the blockchain. Products range from Nodes and Indexers to Remote Procedure Calls (RPCs) and Workloads.
Demeter is only one of several projects TxPipe has developed to facilitate software development on Cardano. Check out all of their projects below:
Weekly Development Report
Interesting Stories:
🎊 A Message from Lucas 🎊
Hello everyone, I’m still completely reeling from everything that went on last week. I’m already planning some exciting things for the future, so stay tuned!
If you still haven’t delegated a DRep, please consider me as a worthwhile candidate. I feel that my contributions and participation within the ecosystem have prepared me well for such an important role, and I would be very humbled and grateful if you decide to vote for me as your DRep.
My commitment to this role is also a commitment to the members of the Cardano community, the same ones who have always made this journey worthwhile all along. If you’d like more information on my DRep profile, click on the link below:
DRep ID: drep15nvw9d6zr6m08dpckkx4d3g6dplc5vh7yhekyjw0vq07spk38ak
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