The gaming industry has grown to love Polygon, formerly known as Matic Network, for its capacity to increase the scalability and transaction speed of blockchain-based games. When compared to the Ethereum main network, Matic Network’s Layer 2 scaling solution for Ethereum allows for quicker and less expensive transactions.
Matic Network can be used to create decentralized games in the gaming industry that are capable of processing a large volume of transactions rapidly and effectively. In-game assets like tokens or non-fungible tokens (NFTs), which may be exchanged or utilized within the game or between multiple games, can also be created using it.
History Of Matic Blockchain
The three founders of Matic Network—Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun—established Polygon in 2017. The founders’ desire to solve the scalability and usability problems plaguing the Ethereum blockchain served as their driving force. They had in mind a Layer 2 scaling solution that would enhance user experience while enabling quicker and less expensive transactions on Ethereum.
The original Proof-of-Stake (PoS) sidechain for the Matic Network was created using the Plasma framework and ran on the Ethereum platform. By allowing transactions to be offloaded from the main Ethereum blockchain to a sidechain, the Plasma framework is a Layer 2 scaling solution that increases the network’s scalability.
Matic Network collaborated with a number of gaming projects in 2020, including Aavegotchi, Skyweaver, and Neon District, to offer their games faster and less expensive transaction processing. The collaboration with Aavegotchi, a blockchain-based game in which special ghosts are represented by non-fungible tokens (NFTs), allowed for quicker and less expensive NFT transactions on the Matic Network. The collaboration with the blockchain-based trading card game Skyweaver allowed for quicker and less expensive transfers of game assets, and the collaboration with the planned cyberpunk role-playing game Neon District allowed for quicker and less expensive transfers of in-game currency.
Technologies Used In Matic Blockchain Gaming
The Layer 2 scaling solution developed by Matic Network is built using the Plasma framework. Plasma enhances the network’s scalability and transaction speed by enabling Matic Network to offload transactions from the primary Ethereum blockchain to a sidechain.
Proof of Stake (PoS):
On its blockchain, Matic Network uses a PoS consensus method to verify transactions. Compared to Ethereum’s Proof of Work (PoW) consensus mechanism, PoS shortens the time needed for block confirmation and enables speedier transactions.
Ethereum Virtual Machine (EVM):
Developers can create and implement Ethereum-compatible smart contracts on the Matic Network thanks to the Ethereum Virtual Machine (EVM), which is compatible with Matic Network.
Ethereum and Binance Smart Chain are only two of the blockchain networks with which Polygon is intended to work. This enables developers to produce decentralised applications (dApps) that can communicate with various blockchain networks, expanding the functionality and connectivity of the blockchain gaming ecosystem.
Non-Fungible Tokens (NFTs):
To represent distinctive in-game assets or items, Polygon enables the creation and trading of NFTs. NFTs have grown in popularity in blockchain gaming because they make it possible to create distinctive and valuable digital goods.
Reasons How Matic Blockchain helps in Gaming?
Fast and Low Cost Transactions:
Any gaming platform needs quick, inexpensive transactions, which the Matic network provides. featuring Matic, game designers may construct real-time transactions-based games, such those featuring in-game purchases, without worrying about exorbitant transaction costs.
Game creators can combine their games with other dApps on various blockchain networks because Matic is compatible with Ethereum and other blockchains. Players will find it simpler to use their in-game assets across other platforms and games as a result.
Popular gaming platforms need to be able to manage a huge volume of transactions, which is why Matic Network was created. Matic enables game creators to design games that can process thousands of transactions per second, providing players with a fluid gameplay experience.
Because of its connection with Ethereum, Matic Network gives gaming platforms a high level of security. This implies that game designers can produce safe and impenetrable games, guaranteeing the security of players’ valuables.
Examples of Matic Blockchain Gaming
Crazy Defense Heroes
Zomon: The Path of Heroes
Overall, Matic Network is a strong and adaptable blockchain gaming platform that offers quicker transaction processing, higher scalability, and better user experience for both gamers and developers because to its use of Plasma, PoS, EVM, interoperability, and NFTs.