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Blockchain

Orbs Provides Blockchain Infrastructure to the Masses via TON

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Tel Aviv, Israel–(Newsfile Corp. – September 7, 2022) – Orbs is expanding to The Open Network (TON) in a bid to catalyze mainstream blockchain adoption. It is the first non-EVM L1 solution supported by Orbs and a crucial part of the team’s ongoing mission to help developers build better decentralized protocols and products.

Orbs operates a separate decentralized infrastructure layer between the existing L1/L2 solution and the application layer. In essence, it grows the tiered blockchain stack, ensuring builders do not compromise on decentralization to gain mainstream traction. Furthermore, Orbs augments existing L1 blockchain layers with a strong focus on the Ethereum Virtual Machine (EVM).

The support of The Open Network (TON) marks a crucial development for Orbs and its forward-thinking vision. The team is confident TON may become the L1 solution taking blockchain mainstream. Although both networks lack the maturity of EVM-compatible networks – like Ethereum, BNB Chain, Fantom, or Polygon – they still provide tremendous promise.

Orbs will remain committed to EVM and will continue exploring opportunities to reach billions of end users. Finding the right L1 capable of sustaining such growth has proven tricky, but TON is a viable candidate. TON is home to over 1 million active users, with momentum building rapidly.

Orbs hopes to build core infrastructure on TON and establish a mutually beneficial growth curve with the network. Several use cases, products, and services will roll out on TON under the Orbs banner. Developers can explore new L3 use cases for existing and future network protocols with its technology.

About Orbs

Orbs is a decentralized public blockchain infrastructure with proof-of-stake (PoS) consensus executed by permissionless validators. Orbs establishes a separate execution layer (layer three) that enhances the capabilities of EVM smart contracts via its interoperability with EVM-compatible blockchains and decentralized network of nodes.

About The Open Network (TON)

TON is a third-generation proof-of-stake blockchain designed in 2018 by the Durov brothers, the founders of Telegram Messenger. Later, it was handed over to the open TON Community, which has been supporting and developing it ever since. TON was designed for lightning-fast transactions, and it’s ultra-cheap, user-friendly, and fully operational.

Contact
Ran Hammer
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/136226

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Revolutionizing Fintech: 6G Digital & Rune Nilsson’s FlexM Global in a Bold $12.5M Deal Shaking the Banking Industry

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Blockchain

Teletubbies Digital Companions to Launch on the Tezos Blockchain

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MetaPals, an AI digital companion platform, is partnering with WildBrain’s beloved Teletubbies to bring together cherished childhood memories and the innovative digital era with the launch of the Teletubbies AI digital companions on 20 April, 2024.
As Teletubbies commemorates its 27th anniversary on 31 March, the collaboration marks the beginning of an exciting array of renowned IPs joining the ‘MetaPals Multiverse’ in 2024. Through the use of AI and blockchain technology powered by Tezos, much loved Tinky Winky, Dipsy, Laa-Laa, Po, and even Noo-Noo have become personalized, evolving digital companions within the MetaPals browser extension game engine.

The Teletubbies characters integrate with users’ daily browsing experience that accompanies users across the web, offering both playful interactions and practical assistance. This technology not only brings these fun characters to life in new, interactive ways, but also helps to enhance the mental well-being of users by fostering a sense of companionship.

Each Teletubbies companion within the MetaPals Multiverse will exhibit unique personality traits, offering users a diverse and dynamic experience. With personalities distributed across 5000+ Teletubby companions along a spectrum, users are guaranteed a one-of-a-kind experience, ensuring enjoyment for all and opportunities to foster new connections with this nostalgic brand.

Max Giammario, CEO of MetaPals, said: “Through this collaboration we’re not just revisiting Teletubbyland, we’re reinventing it for the digital age. By weaving in AI and blockchain, we enable the Teletubbies characters to evolve, interact, and form unique bonds with users, embodying our vision of dynamic digital companionship. With a bit of ‘MetaPals magic’, the Teletubbies are exploring beyond the hills and far away, ready to play, in ways we’ve never imagined.”

Melissa Goodrich, Director, Franchise Strategy at WildBrain, said: “We’re excited to see our colorful quartet come to life in new ways through this unique digital experience for fans. As we celebrate 27 years of the perennially popular Teletubbies franchise, this latest collaboration encapsulates the essence of childhood nostalgia while embracing the limitless possibilities of the digital age.”
Jason Lim, TZ Apac Games Adoption Team for the Tezos Ecosystem, said: “MetaPals will be pioneering the convergence of iconic IPs such as Teletubbies with the limitless possibilities of the Tezos blockchain. I can’t wait to see the magic they are brewing up next.”

The post Teletubbies Digital Companions to Launch on the Tezos Blockchain appeared first on HIPTHER Alerts.

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Alarum Announces Exciting Events Lineup and Welcomes Esteemed Advisor to NetNut’s Advisory Board

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