- ContinuumDAO’s integration with the Avalanche ecosystem marks a significant milestone, leveraging Avalanche’s scalability and fast transaction finalization.
- The peer-to-peer node network, known as the Continuum, promises to play a pivotal role in web3 architecture by facilitating cross-chain functionality.
In a major announcement on Thursday, July 11, the decentralized MPC network ContinuumDAO announced its integration with the Avalanche ecosystem, a smart contracts platform known for its infinite scalability and rapid transaction finalization. The integration of C3Caller into ContinuumDAO’s testnet represents a substantial advancement for the organization.
“We’re thrilled to join @avalanche, leveraging its powerful capabilities to enhance interaction within our framework,” stated a spokesperson from ContinuumDAO, highlighting the promising opportunities brought forth by this collaboration.
🙌 We’re really thrilled to join the @avax ecosystem, a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second. #C3Caller seamlessly integrates Avalanche and will be available on our #testnet.
🤝 This integration marks a… pic.twitter.com/p7m9A9nHYS
— ContinuumDAO (@ContinuumDAO) July 10, 2024
ContinuumDAO aims to provide a critical service through an advanced peer-to-peer node network designed to interconnect blockchains. Each node will join others in collectively signing transactions using a Secure Multiple Party Computation (SMPC) based Threshold Signature Scheme (TSS).
These interconnected nodes, collectively referred to as the Continuum, will also play a foundational role in web3 architecture. Moreover, they will serve as essential infrastructure for various protocols, facilitating functionalities such as routing, cross-chain messaging, and NFT bridges. The Continuum nodes aim to enable connectivity across all Ethereum Virtual Machines (EVMs) and nearly all non-EVM blockchains.
Avalanche Partnerships And AVAX Price Action
Over the past few months, the Avalanche blockchain network has been forging a few key partnerships. Per the Crypto News Flash report, the Avalanche Network got a major boost following the alchemy’s protocol disclosure that it supports the Avalanche C-Chain. This integration with the Alchemy Protocol will significantly improve the functioning and the adoption of the Avalanche network as well as trigger a renewed interest in its native cryptocurrency AVAX.
The Avalanche (AVAX) price is currently trading 1.01% down at $25.59 with a market cap of $10.093 billion. Amid the broader market correction, the AVAX price has tanked more than 22%.
Interestingly, Avalanche has been forging partnerships across multiple industries such as gaming, music, finance, etc. Additionally, exciting news has emerged from the gaming community on the Avalanche network. Spellborne, an MMORPG inspired by Pokémon, has now welcomed players and enthusiasts to its platform.
In the last month of June, Avalanche entered into a partnership with South Korean K-pop artists to offer intellectual property management solutions leveraging its Layer-1 blockchain network, per the Crypto News Flash report.
Similarly, Gamestarter and Ava Labs have announced a strategic collaboration aimed at introducing Gamechain, a pioneering product on the Avalanche blockchain. Gamechain represents a layer one solution tailored specifically for Web 3 games, signaling a significant advancement in blockchain gaming technology, per the CNF update.
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