Blockchain, Polygon & Stablecoins.
Last updated
Last updated
Blockchain technologies can help power P2E games by providing a secure and transparent platform for transactions. With blockchain technology, users are able to make payments with confidence as the distributed ledger guarantees that all transactions are immutable and securely recorded on the network. Furthermore, smart contracts are implemented to automate certain game elements such as rewards distribution or asset exchange. Moreover, the transaction costs and speed surpasses those of any other financial system on Earth, making it the superior choice.
The Polygon (MATIC) network has a lot of advantages that make it attractive to users. Some of the main benefits include lower transaction fees, faster confirmation times, and enhanced scalability. With Polygon's Layer 2 scaling solutions, developers can easily deploy their decentralized applications on top of Ethereum without worrying about performance issues or high fees associated with on-chain transactions.
Polygon also provides finality times that are much faster than Ethereum. With Polygon, transactions are finalized within 10 seconds whereas on Ethereum it can take from 30 seconds to one hour. Additionally, Polygon offers extremely low gas fees - allowing users to make transactions without having to pay exorbitant amounts of money.
Polygon offers users the chance to enter into a vibrant and active ecosystem which is full of opportunities to trade, earn rewards, and engage with decentralized applications. Developers can benefit from Polygon's high scalability capacity and create projects quickly without worrying about performance issues or expensive transaction costs. Furthermore, the low gas fees associated with Polygon help make transactions extremely affordable for everyone involved.
Stablecoins are a type of cryptocurrency designed to maintain a stable value of a reference currency regardless of market conditions. They are pegged to an asset such as the US Dollar or gold and are backed by other collateralized assets like short-term liquid notes/bonds or fiat currency. Stablecoins provide investors with stability in times of volatility and uncertainty - allowing them to trade digital currencies without having to worry about sudden price fluctuations which occur with other cryptocurrencies. Enable Games utilizes USDC as the main medium of StableCoin exchange in it's infrastructure.
WE ARE NOW IN A PROCESS OF INTEGRATING OUR GAME AND DEFINING OUR OWN NATIVE TOKEN WITH MULTIPLE BLOCKCHAINS.
