How Polkadot may help with scalability and interoperability problems related to Web3 gaming.
What is polkadot?
Polkadot is described as a “heterogeneous multi-chain technology” on its official website. In essence, it is (or rather aims to be) a blockchain that serves as a bridge between several other blockchains. It is intended to address some of the main issues preventing blockchain technology from being widely used in the real world. Polkadot is still in the planning stages, with a fourth-quarter 2019 debut date planned for its Genesis block.
The fundamental concepts of Polkadot’s structure are composed of three phrases that are utilized in its light paper. These are:
- The primary Polkadot chain to which all of the smaller blockchains will join is called the Relay Chain.
- The term “parachain” refers to the fact that several distinct blockchains will operate concurrently within the Polkadot network.
- The Bridge Chain is a system designed to link blockchains that are not compliant with Polkadot’s governance guidelines.
Interoperability and scalability solutions in gaming using polkadot
Interoperability solutions have a lot of momentum in the cryptocurrency space and have the potential to change the Web3 gaming scene. Games have often been enclosed within their own ecosystems, which has restricted the amount of in-game content or characters that may be interacted with from other games. These days, Web 3 games allow players to move assets between platforms by using common standards like ERC-1155 and ERC-721.
Scalability is a major problem in cryptocurrency gaming. The game experience might be ruined by expensive transactions and slow processing times. Scalability concerns are being addressed using a multitude of options. To increase scalability, Layer-2 solutions—like side chains—process a lot of transactions off-chain. The introduction of scalable blockchains, such as Polkadot, can resolve scaling problems.
With Polkadot, developers may design decentralized apps (dApps) that easily interface with other crypto protocols by facilitating value transfer and communication across various chains. It makes use of a cutting-edge cross-chain communications protocol (XCMP) that makes data and asset transfers across various chains more effective.
Because of its cross-chain compatibility, it provides more flexibility and scalability when creating gaming apps. Without being constrained by the features of a single blockchain, game makers may take advantage of the advantages of several blockchains.
How is polkadot making new innovations in gaming?
To assist game creators in creating engaging gaming experiences, Polkadot provides a wide range of flexible and adaptable development choices. Scalable game creation is made possible by its interoperability with the Ethereum Virtual Machine (EVM) and Substrate framework. Because of its community-centric governance model, which encourages cooperation, creators are able to influence how the Web3 game industry develops.
Polkadot uses seamless integration and engaged user participation to build a vibrant and interesting gaming ecosystem. Because it allows for interoperable gaming products, decentralized in-game economics, and enhanced security and trust in Web3 gaming, it will be essential to the future of Web3 games.
Using polkadot ecosystem for game development:
Polkadot’s Substrate technology is used by game developers to make building bespoke apps and blockchains easier. To assist developers in creating and deploying their apps on the Polkadot network, Substrate offers a comprehensive toolbox together with a helpful community. Substrate is a tool that may be used to create Web3 gaming platforms. It enhances the gaming experience by letting players own in-game items and enabling 3D avatars, cars, guns, and other gaming items.
A notable collaboration is the incorporation of Mythical Games with Polkadot. In order to introduce its new Mythos environment, Mythical Games, a pioneer in creating player-centric gaming economies, is moving from Ethereum to the Polkadot network. Using Polkadot’s capabilities, its gaming partners may establish chains and develop a highly interconnected Web3 gaming environment. The partnership with Mythical Games strengthens Polkadot’s standing in the gaming sector and encourages the use of its Web3 gaming development tools.
