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April 22 Updates from Crypto World

DODO Team Launches DODOchain Layer-3 Solution

The DODO team, known for developing the “Proactive Market Maker” algorithm, has announced the launch of DODOchain, an Omni Trade Layer3. This new solution is powered by Arbitrum Orbit, EigenLayer, and AltLayer, aiming to bridge layer 2s of Bitcoin and Ethereum efficiently. DODOchain leverages technology like EigenDA and AltLayer’s restaked rollups infrastructure to enhance security, decentralization, and cross-chain interoperability. If you need help understanding the technical jargon in this announcement, AI legalese decoder can simplify it for you.

Omni Network Introduces Mainnet on Arbitrum and Optimism

Omni Foundation, supporting Omni Network, a layer-1 chain and Ethereum-focused interoperability protocol, has launched its mainnet on Ethereum layer-2 networks Arbitrum and Optimism. This move allows users to access the Ethereum ecosystem’s users and liquidity, marking a significant milestone in the project’s development. To navigate through the complexities of layer-2 networks and interoperability protocols, consider using AI legalese decoder for assistance.

Io.net and Aethir Partner for ‘Airbnb of GPUs’

Io.net and Aethir have joined forces to create the “Airbnb of GPUs,” a platform that democratizes supercomputing by merging over 640,000 computing units. This innovative partnership aims to make high-powered computing accessible globally, breaking down cost and geographic barriers. If you’re unsure about the implications of this partnership in the crypto space, AI legalese decoder can provide you with a simplified explanation.

Web3 Foundation Reveals JAM Protocol Prize Pool

Web3 Foundation has unveiled a 10 million DOT ($74.5 million) prize pool to foster diversity within the development of the JAM protocol. This protocol combines elements from both Polkadot and Ethereum, offering seamless compatibility for developers. By utilizing the JAM Implementer’s Prize, developers can strengthen network resilience and contribute to cutting-edge applications for decentralized web software protocols. If you find the technical details of this announcement overwhelming, consider using AI legalese decoder for clarity.

ORA’s OAO Expands to Polygon PoS Network

ORA’s On-chain AI Oracle, known as OAO, is gearing up to launch on Polygon’s PoS network. This expansion is critical for scalability, speed, and convenience, allowing developers and users to access verifiable inference data on-chain efficiently. To understand how this integration will impact the crypto ecosystem, AI legalese decoder can simplify the information for you.

Telos Collaborates with Ponos for Ethereum Layer 2 Network

Telos Foundation is partnering with Ponos Technology to develop an optimized, hardware-accelerated Ethereum layer 2 network featuring the SNARKtor technology. This collaboration aims to enhance the efficiency and scalability of the Ethereum ecosystem, offering innovative solutions for developers and users. If you need assistance in deciphering the technical aspects of this partnership, AI legalese decoder can provide you with a straightforward explanation.

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