Blockchain

Cartesi and Avail Announce Strategic Integration to Advance Web3 Development

New York, New York, July 2nd, 2024, Chainwire

Cartesi, a modular execution layer protocol that equips developers with access to a full Linux environment, and Avail, a modular blockchain framework designed to unify web3 and optimize data availability (DA) for scalable and customizable applications, are pleased to announce a close collaboration set to significantly advance web3 development.

This integration will offer a seamless and intuitive experience for developers by leveraging Cartesi’s RISC-V Linux-based execution capabilities and Avail’s reliable data availability solution, Avail DA. The user-friendly approach will simplify the complexities of decentralized application development, enabling faster and more efficient project deployment.

The modular stack allows both protocols to combine their unique properties, resulting in a robust protocol that is more powerful compared to monolithic stacks where all functionalities are integrated. In this sense, the Cartesi-Avail integration will enable developers to benefit from the increased computational power and flexible programming environment of the Cartesi stack, while also utilizing the enhanced data availability capabilities of Avail DA.

“By combining Cartesi’s cutting-edge RISC-V Linux-based execution with Avail DA, we are setting a new standard in the ease and efficiency of protocol development. This partnership empowers developers to overcome traditional barriers, accelerating innovation and the deployment of next-generation decentralized applications. We are thrilled to enable this leap forward in web3 development,” said Anurag Arjun, Co-Founder of Avail.

The collaboration between Cartesi and Avail marks a significant milestone in the web3 space. A dedicated data availability layer ensures critical transaction data remains available and verifiable while significantly reducing the costs associated with on-chain data availability. This makes dApps more affordable and accessible, while reliable data availability is crucial for the execution layer to perform transactions and execute contracts seamlessly. 

“The Cartesi-Avail integration brings into reality a powerful infrastructure for new possibilities and use cases in web3. This is exciting for us and a breath of fresh air for the industry,” said Erick de Moura, Co-Founder of Cartesi.

This partnership is expected to drive the creation of a more robust and versatile ecosystem, particularly benefiting gaming and DeFi verticals, empowering developers to experiment and innovate without being hindered by the limitations of current infrastructure.

Cartesi equips developers with access to a full Linux environment through its native virtual machine, and high-performance rollups designed to support next-generation dApps. By bridging the gap between traditional software and blockchain, Cartesi enables developers to create more sophisticated and scalable dApps with ease. Avail DA offers secure data availability guarantees for entire networks of blockchains, enabling them to scale efficiently and in an unlimited capacity. Using validity proofs with data availability sampling provides robust security and enhanced scalability for blockchain applications. 

About Cartesi: 

Cartesi is a powerful modular blockchain protocol that supercharges the web3 space. Cartesi equips developers with access to a full Linux environment through its native virtual machine, and high-performance rollups designed to support next-generation dApps. To learn more about Cartesi, users can visit https://cartesi.io/

About Avail:

Avail is led by Polygon’s former co-founder Anurag Arjun and is building a unification layer to solve rollup fragmentation at scale. Avail addresses this from first principles solving blockchain scalability with Avail DA, a foundational DA layer which implements the same technology planned for Ethereum’s danksharding roadmap, including KZG Commitments and Data Availability Sampling (DAS). Avail Nexus addresses growing fragmentation concerns with permissionless interoperability, leveraging proof aggregation on Avail’s scalable DA layer. Avail’s security is then reinforced with multi-asset staking through Avail Fusion.

availproject.org

Users can learn more about Avail on Discord, Twitter, GitHub, Our Blog

Contact

PR Manager
Lindsay Strebel
Blokhaus Inc.
[email protected]

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Bybit Brings Crypto-Native Investors Closer to Traditional Markets by Trading Global Indices with USDT

2024-10-03T10:00:00Z

DUBAI, United Arab Emirates, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has further enhanced its MetaTrader 5 (MT5) platform with the introduction of indices trading. This new feature allows Bybit users access to global markets, including key benchmarks in Hong Kong and China.

Bybit MT5 allows crypto investors to use USDT directly to trade traditional assets, such as commodities, forex and now major indices, in the format of CFDs. This innovation opens doors for native crypto traders to build a much more diversified portfolio and deploy sophisticated cross-asset trading strategies. Most importantly, it enables Bybit users to achieve their trading goals in a crypto-native way.

The newly added feature enables Bybit MT5 users to access major global indices, including China A50 Index Cash CFD (USD), Hang Seng Index Cash CFD (HKD), Dow Jones Index Cash CFD (USD), NAS100 Cash, Nikkei Index Cash CFD (JPY), among others. 

“We are excited to bring even more diversity in investment options on Bybit. Bybit MT5 offers a top-tier trading platform integrating crypto with traditional assets,” said Joan Han, Sales & Marketing Director at Bybit. “The latest addition to the platform empowers our users with unprecedented access to cross-asset trading via over a dozen indices, and shows our commitment to continued innovation to support our traders’ evolving needs,” she said. 

MT5 offers advanced analytics tools and technical solutions to meet the needs of even the most demanding traders. Trusted for its real-time market data, clear interface, and highly customizable capabilities including allowing users to create automated trading algorithms, MT5 is a powerful platform for traders all over the world. Unique to Bybit MT5, users can access 17 global indices, over 100 popular trading pairs, industry-leading liquidity, low fees, and choose to use powerful leverages all in one stop. 

For detailed margin adjustments and specifications for each pair on Bybit MT5, please visit here.

#Bybit / #TheCryptoArk 

About Bybit

Bybit is one of the world’s top three crypto exchanges by trading volume with 50 million users. Established in 2018, it offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press 

For media inquiries, please contact: [email protected]

For more information, please visit: https://www.bybit.com

For updates, please follow: Bybit's Communities and Social Media

Contact
Head of PR
Tony au
Bybit
[email protected]


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