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  • Protocol Village: Proof of Play Adds ‘Boss’ as 2nd Arbitrum Orbit Chain, Lombard Launches LBTC
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Protocol Village: Proof of Play Adds ‘Boss’ as 2nd Arbitrum Orbit Chain, Lombard Launches LBTC

cryptovert August 29, 2024 2 min read

Thursday,
Aug.
29

Pirate
Nation
Studio
Proof
of
Play
Adds
‘Boss’
Chain
on
Arbitrum
Orbit
for
‘Horizontal
Scaling’



Proof
of
Play
,
the
studio
behind
Pirate
Nation,
is
launching
Boss
Chain
on
Aug.
29,
describing
it
as
“the
next
step
in
their
multichain
vision
to
support
100M+
players.”
According
to
the
team:
“Boss
Chain,
like
the
project’s
original
Apex,
is
an
Arbitrum
Orbit
chain,
offering
seamless
scalability
and
marketplace
interoperability.
This
is
huge
news
for
horizontal
scaling,
which
is
essential
for
ambitious
applications
with
large
volumes
of
onchain
compute,
such
as
new
social
or
consumer
dapps.”

Lombard
Launches
LBTC,
‘Bridging
Bitcoin
to
DeFi


Lombard

has
publicly
launched
LBTC,
a
“cross-chain,
yield-bearing
Bitcoin
token
designed
for
DeFi
use.”
According
to
the
team:
“The
launch
follows
a
successful
private
beta
that
attracted
more
than
$165
million
in
deposits
from
over
600
institutional
allocators.
LBTC
allows
users
to
stake
Bitcoin
through
Babylon
and
utilize
it
across
various
DeFi
protocols.
Initial
integrations
include
major
DeFi
protocols
such
as
Symbiotic,
Morpho,
Pendle,
Corn,
Gauntlet,
Derive,
EtherFi
and
Gearbox.”

Schematic illustrating Lombard's V1 architecture (Lombard)

Schematic
illustrating
Lombard’s
V1
architecture
(Lombard)

Matchain,
Decentralized
and
Scalable
AI
Chain,
Launches
Mainnet



Matchain
,
describing
itself
as
a
“decentralized
and
scalable
AI
chain
”
for
securing
data
sovereignty,
set
its
mainnet
launch
for
Wednesday
at
3
p.m.
ET.
According
to
the
project’s
documentation,
it’s
a

layer-2
rollup
on
BNB
Chain,
using
Optimism’s
OP
Stack
technology
.
The
team
wrote
in
a
message:
“As
AI
increasingly
threatens
user
privacy
by
creating
data
silos,
Matchain
addresses
this
by
merging
blockchain
transparency
with
AI
capabilities.
Leveraging
the
Optimism
(OP)
stack,
Matchain’s
layer-2
rollup
handles
high
transaction
volumes
with
low-latency
dApps.
Users
can
now
bridge
tokens,
swap
via
Matchain’s
DEX
and
launch
tokens
and
memes,
all
in
a
secure
environment.”

Matchain's technical architecture (Matchain)

Matchain’s
technical
architecture
(Matchain)


Protocol
Village
is
a
regular
feature
of



The
Protocol
,
our
weekly
newsletter
exploring
the
tech
behind
crypto,
one
block
at
a
time.



Sign
up
here


to
get
it
in
your
inbox
every
Wednesday.
Project
teams
can
submit
updates



here
.
For
previous
versions
of
Protocol
Village,
please
go



here
.
Also
please
check
out
our
weekly



The
Protocol


podcast.

Edited
by
Bradley
Keoun.

Continue Reading

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Next: The Protocol: The Impact of Telegram CEO’s Arrest on TON Blockchain

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