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Showing posts from November, 2020

Why We Chose Matic Network to Scale Our Games

  By porting our Ethereum contracts to the Matic sidechain, our games benefit from near-instant transactions and higher transactional throughput, while maintaining the trustlessness, fairness, and decentralization of blockchain architecture. Layer 1 - Ethereum The current state of the Ethereum root chain only supports 25 transactions per second and often takes 15-20 seconds to reach finality in order to maintain its decentralization. As a result, any games featuring transactions signed by the user are unbearably slow, oftentimes too slow to even maintain user interest.  For example, our slot machine game deployed on-chain on the Ropsten test network requires output from the contract to determine the outcome of the play, which is then sent to our Decentraland app to display in the 3D Metaverse. If game logic lives on the root Ethereum blockchain, on-chain finality requires over 15 seconds from the initial transaction to determine the outcome.  From a player perspective, t...

DecentralGames - Why crypto gambling has failed to take off…yet

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  The original Bitcoin 0.1.0 repository even included a framework to create a digital poker game, yet this never came to fruition. There’s a theory that this gambling app was meant to provide utility to the bitcoin currency and bootstrap its value when it had no initial use.  A clear use case Providing sudo-anonymous and borderless peer to peer exchange of value coupled with a decentralized virtual machine, Ethereum seemed perfectly poised to usher in a new era of online gambling - one where open source game logic ensured players of the fairness of games.  In 2017, 167 casino & gambling ICOs raised a collective $640 million, using smart contracts as a pitch for transparency of game logic, self custody, low fees, and frictionless gameplay. And yet, today gambling Dapp usage is miniscule, even overshadowed in volume by collective trading cards and video game digital items. So - what happened? What happened The problems that prevented on-chain casino platforms from gai...