Are you interested to find out what blockchain gaming is, and some of the frequently asked questions?. Worry no more, in this article I’m going to explain to you in a simple way, what it is about. But before we get into it, let’s talk a little bit about blockchain technology.
Many might ask, how does blockchain work, what problem does it solve and how can they be used. As the name indicates, it is a chain of blocks, taken things like information and if was originally described in 1991 by a group of researchers and if was originally intended to timestamp digital documents, so that it’s impossible to tamper with them. It went almost unused until it was adopted in 2009 by Satoshi Nakamoto to create the bitcoin.
History of Blockchain Technology
Blockchain technology is a block of data that is managed by a cluster of computers around the world, these blocks are immutable, they cannot be modified by anybody, which means no one entity can control the data. These blocks are actually secured by a cryptographic element, so because of this security, they cannot be compromised. Blockchains are incredibly popular nowadays.
Now a blockchain is a distributed ledger that is completely open to everybody, they have interesting properties, once some data has been recorded inside the blockchain it becomes very difficult to change it.
So how does that work, let’s take a close look at a block, each block contains some data, a hash of the block, and a hash of the previous block. The data stored in the block depends on the type of blockchain. For example, the bitcoin blockchain stores details about transactions, such as the sender, receiver, and the number of coins.
The hash of this block can be compared to a fingerprint. It identifies a block and all its contents and it’s always unique just like a fingerprint. Once a block is created, its hash has been calculated, so changing some things inside a block will cause the hash to change, so in other words, hashes are very useful in detecting changes in blocks. The third element in a block is the hash of a previous block. This effectively creates and chain of blocks and this technique makes a blockchain so secure.
Blockchains have something which is referred to as proof-of-work, which is a mechanism that slows down the creation of new blocks. In the case of bitcoins, it takes about 10 minutes to calculate the required proof of work and add a new block to the chain. This mechanism makes it very hard to tamper with the blocks because if one block is tampered with, you’ll need to recalculate the proof of work for all of the following blocks
So the security of blockchain comes from its creative use of hashing and the proof of work mechanism. But there is one other way that blockchain secures itself, this is by being distributed. Instead of using a central entity to manage the chain, blockchain use a P2P network and everyone is allowed to join. When a person joins the network, he gets the full copy of the blockchain, the note can be used to verify if everything is still in order
What is blockchain Gaming?
Now that you understand what blockchain technology is all about, let’s talk about Blockchain Gaming. Blockchain gaming is basically games that are built using the blockchain technology or deployed on the blockchain so that not only one entity holds a copy of the game but everyone, the whole cluster of computers playing the game
In order to achieve this, one needs a smart contract which is basically a digital contract that decides the actions on a blockchain.
This means that if you’re playing a game and let’s say you battle, any kind of action you take in the game, such as a sword fight or anything like that quest or an achievement, you generate a transaction. That transaction is then created on a blockchain and everybody that has a copy of the blockchain can see this transaction. This is through centralization.
Now, what is the interesting aspect of this, the fact that the developer has to talk with players and agree on changes to the game, if players don’t agree to a certain update, then they can refuse this change and the developer will have to form a new copy of the game while the original game still remains intact with the previous deployment it had in the previous game played. This is very important because it shows that the communication between developers and players has to be really strong to agree on everything, usually in a community-based fashion.
FREQUENTLY ASKED QUESTIONS
CAN BLOCKCHAIN BE USED IN GAMING?
Yes. Blockchain in gaming enables interoperable profiles of players. Crypto traders and investors have the public address that they can use for transactions across different blockchain networks. If you create your games on blockchain, the players can take their unique public addresses from one game to the other.
WHAT IS GAMING IN BLOCKCHAIN?
It is an approach where the digital items inside video games, things as collectibles, weapons, and cosmetic skins are real-world assets, similar to stocks or bonds, in the form of Non-fungible tokens (NFTs).
HOW MANY BLOCKCHAIN GAMES EXIST?
There are now 398 active blockchain games, defined as having at least one active wallet in the past 24 hours within the game, according to the data tracker DappRadar.
WHY DOES GAMING NEED BLOCKCHAIN?
Furthermore, because many games allow users to buy in-game items with both virtual and real money, experts agree that blockchain would be the best way to keep track of these transactions. Blockchain addresses a number of long-standing challenges in the gaming business.
ARE THERE ANY GOOD BLOCKCHAIN GAMES?
Known for being one of the earliest and best Pokemon-style games, Axie Infinity is a play-to-earn game developed on the Ethereum blockchain. Axie infinity recently implemented a prominent scalability solution, Ronin It is the most reliable solution when it comes to transactions as there are no fees at all.
WHAT ARE NFT GAMES
Digital commodities that are intended to be one-of-a-kind in nature are known as non-fungible tokens (NFTs). NFT Games are Play to earn games that are built on the Blockchain that are played using non-fungible tokens (NFTs).
WHAT IS PLAY TO EARN CRYPTO GAMES?
Play-to-earn Crypto games are games built on the blockchain, Which rewards users for playing the games with NFTs And game tokens. Play-to-earn crypto game winners may be able to utilize NFTs to fund their accounts immediately once a level is finished. This is a rapidly evolving industry, with new games based on the concept being created every day. Cryptocurrency assets will be given to the winners.