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Mintlayer, a leading Layer-2 scaling solution, has teamed up with Salus, a security firm specializing in zero-knowledge (ZK) proofs, to launch the Thunder Network, a Layer-3 ZK rollup-based network aimed at enhancing Bitcoin's scalability and functionality. This initiative is set to transform Bitcoin's utility by integrating advanced privacy features, improved transaction speeds, and greater scalability. It also brings Ethereum Virtual Machine (EVM) compatible functionalities, allowing developers to build secure and reliable applications on a Bitcoin-connected infrastructure. The integration implies that existing EVM dApps will be compatible, making it easier for developers to innovate on the Bitcoin network via the Mintlayer protocol. Salus' expertise in advancing privacy-enhancing technologies and their successful track record in the Ethereum ecosystem made them an ideal partner for Mintlayer. The Thunder Network is strategically designed to address potential scaling challenges faced by the Mintlayer network while enabling additional EVM functionality. This ensures that the network remains robust, scalable, and capable of supporting a wide range of applications. This partnership represents a significant advancement in Bitcoin's evolution and its functionality within the broader blockchain ecosystem. By incorporating Layer-3 ZK rollups, the Thunder Network aims to provide a seamless, high-performance user experience without compromising Bitcoin's security, privacy, and decentralization.

Mintlayer, a leading Layer-2 scaling solution, has teamed up with Salus, a security firm specializing in zero-knowledge (ZK) proofs, to launch the Thunder Network, a Layer-3 ZK rollup-based network aimed at enhancing Bitcoin's scalability and functionality. This initiative is set to transform Bitcoin's utility by integrating advanced privacy features, improved transaction speeds, and greater scalability. It also brings Ethereum Virtual Machine (EVM) compatible functionalities, allowing developers to build secure and reliable applications on a Bitcoin-connected infrastructure.

The integration implies that existing EVM dApps will be compatible, making it easier for developers to innovate on the Bitcoin network via the Mintlayer protocol. Salus' expertise in advancing privacy-enhancing technologies and their successful track record in the Ethereum ecosystem made them an ideal partner for Mintlayer.

The Thunder Network is strategically designed to address potential scaling challenges faced by the Mintlayer network while enabling additional EVM functionality. This ensures that the network remains robust, scalable, and capable of supporting a wide range of applications.

This partnership represents a significant advancement in Bitcoin's evolution and its functionality within the broader blockchain ecosystem. By incorporating Layer-3 ZK rollups, the Thunder Network aims to provide a seamless, high-performance user experience without compromising Bitcoin's security, privacy, and decentralization.

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The Mythos Foundation, backed by Mythical Games, has announced a partnership with Polkadot to transition its extensive gaming and entertainment ecosystem to Polkadot's network. This move is expected to introduce over 5 million Mythos users to one of the world's largest blockchain gaming ecosystems. The partnership was facilitated through Polkadot’s OpenGov system, a decentralized governance model that empowers the community with decision-making and financial allocation authority. The collaboration involves a token swap of 1,000,000 Polkadot from its community treasury for 15,000,000 Mythos from Mythos's treasury. The partnership details include distributing 10,000,000 MYTH tokens to DOT holders who own between 10 and 5,000 DOT. The remaining 5,000,000 MYTH tokens will be distributed through incentives and grants to stimulate engagement and development within the Polkadot ecosystem, especially with exchanges and decentralized exchanges (DEXs). Any undistributed tokens until September will revert to the Polkadot community. The strategic partnership enhances the Mythos Chain by leveraging Polkadot's advanced features that enable different blockchain networks to collaborate. These features include XCM, a messaging format for Polkadot, and decentralized bridges like Snowbridge, which connect different networks. Furthermore, it ensures the Mythos Chain is compatible with Ethereum-based applications and provides developers with more tools to create widely-used applications using Polkadot’s Substrate framework. Despite the optimistic outlook of John Linden, CEO of Mythical Games, the market remains skeptical. The partnership's success hinges on the ability of the two platforms to effectively integrate and leverage each other's strengths. The move also sets a significant precedent for other gaming and non-gaming projects considering entering decentralized ecosystems like Polkadot. However, the inherent risks and uncertainties associated with such ventures cannot be ignored.
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