Polygon and Xaya to Bring Decentralized Games to Ethereum Sidechain
Blockchain gaming veteran Autonomous Worlds, the founders of Xaya platform, has entered into a strategic partnership with Polygon, a scaling solution to build on Ethereum’s Layer 2.
Announcing the new partnership, Polygon (formerly Matic Network) noted that Xaya would leverage its Layer 2 solutions to improve the scalability of CHI token, which has been deployed as Wrapped CHI.
Furthermore, Xaya will be integrated into Polygon’s Ethereum-compatible sidechain, in addition to the existing Xaya blockchain.
The statement noted that the low-cost ecosystem and fast confirmation times make Polygon’s L2 favorable for bringing decentralized gaming infrastructure to its sidechain.
Xaya is basically a blockchain and an off-chain computational engine designed for hosting fully decentralized games that require no servers. The platform attempts to create an ecosystem in which developers can create completely decentralized games that not only have collectibles stored on the blockchain, but also the entire games themselves run on decentralized networks.
Games developed by Xaya can run autonomously and utilize many of the features that blockchain technology offers including provably fair gameplay, anti-cheating, trustless and fraud proof trading, and play to earn gaming experiences.
The team behind Xaya has been developing in the field of blockchain gaming for more than 8 years now, and is credited for the release of the world’s first blockchain game in 2014.
On the Flipside
- To this day, blockchain-based gaming still hasn’t taken off in any meaningful sense. Ethereum’s scalability issues and resulting high transaction fees are usually cited as the reason therefore.
- While cryptocurrencies such as , Ethereum and witnessed a slump last week, the value of Polygon rose nearly 35% in the same period.
The race to scale Ethereum
Following this alliance, Autonomous Worlds will develop games in-house for the Polygon platform, adding to its existing selection of premier blockchain games such as Taurion and Soccer Manager Elite.
Working with Polygon will be an important piece to solving the crucial gas puzzle for Xaya games. With Polygon, developers are no longer forced to make trade-offs in terms of speed, scalability, tooling, or community when selecting a network on which to build.
Expressing his excitement about the new partnership, Xaya co-founder Andy Colosimo said: “We’re excited to bring our vision of deep economics and complex gameplay to the Polygon blockchain. Following the growth of DeFi and NFTs, we believe blockchain gaming will be the next big opportunity to take blockchain mass market. Our partnership with Polygon will only accelerate that trend.”
Polygon co-founder Sandeep Nailwal added: “We’re certain the combination of Polygon’s high-performance blockchain and Xaya’s experience in the field of decentralized games will result in fascinating new experiences to further boost this quickly evolving sector.”
Polygon uses an experimental solution called Plasma to improve the functionality of the Ethereum blockchain by drastically increasing its network scalability and overall transaction speed. The core idea is to deploy its own Proof-of-Stake (PoS) blockchain and Commit Chain connectivity to shift transactions off the clogged Ethereum base layer to a super-lightweight rail running parallel to it.
The soaring punishing transaction costs and delayed transaction processing times on Ethereum sent developers to Polygon to solve inefficiencies that may hinder adoption of their DApps. The soaring interest in its scaling solutions has seen widespread adoption, with over 250 DApps, 76 million transactions, and 800,000 unique users.
Join to get the flipside of crypto
Получайте отборные статьи от редакторов DailyCoin один раз в неделю прямо на ваш почтовый ящик.
Вы всегда можете аннулировать подписку всего в 1 клик.
Continue reading on DailyCoin