If you have already become familiar with the concept of play-to-earn crypto games, the chances are that you are more than familiar with Solana and the mass perks and benefits it provides.
Why is it such a popular choice, a highly-trusted platform, a reliable open-source network, and what makes it so intriguing and good that it successfully challenges some of the industry’s big names even though it is now only a few years old?
This article discusses more on this and the rising and profitable phenomenon of a play-to-earn crypto game that has amassed a solid fan base through gaming communities.
What is Solana?
Solana is an open-source blockchain network that gives its users Defi spaces, or decentralized finance, and is a strong favorite in nun-fungible tokens or NFTs.
Giving users faster and cheaper transactions, its rise is catching well-deserved and growing global attention. This platform was first created in 2017 to create a space where digital transactions would not require a lot of time or a big cost attached to them.
Estimates vary but state that Solana can now carry out between 50,000 and 65,000 transactions per second.
Not only this, but the overall cost per transaction will run you a small cost of approximately $ 0,01. This makes it a favorite in terms of a blockchain network choice.
Solana’s blockchain explained.
This one might take some getting used to, with protocols called proof-of-stake, or PoS, and proof-of-history, or PoH, central to Solana’s functioning. These procedures ensure accurate, timely, and transparent information for all users.
What is proof-of-stake? PoS is a fast confirmation of the transaction sequences provided by the PoH generator. How it works is with a system of validators.
This manner is outlined as far less energy demanding protocol infrastructure, unlike what other competitors have in store. To become a validator, one must stake their crypto, review new transactions, and update the blockchain itself.
The so-called double-checking mechanisms also validate validators. Once approved, the network adopts the updates. All of this makes it a highly scalable mechanism.
What is proof of history? PoH is a mechanism for keeping track of all the timetables for interactions occurring on the blockchain. This means that Solana’s system has completely surpassed the fuss of time stamps and clocks.
What makes this important is that it does not only keep track of the time of transactions but adds a layer of security to transactions. It is used for double-checking and validating said transactions.
Play-to-earn games available on Solana
Home to many cool NFT play-to-earn games, Solana is no stranger to the gaming industry. Some of the best games available as of right now are SolChicks, Cryowar, and Genopets.
SolChicks is a heavy-weight fan favorite, giving strategy outer space battles a new meaning. Earn money by getting in-game collectibles, winning awards, and breeding your SolChick character. The profit margin on this one makes it a genuinely desirable PTE game.
Cryowar is a multiplayer arena PTE game where you will join on the quest for resources, world dominance, and governance. Earn rewards of CWAR tokens and get a hold of in-game NFTs to earn crypto as a seller.
Genopets is another popular choice, merging what we love about Pokemon with what we love about PTE. A free-to-play mobile game will have you earning based on a healthy lifestyle. Rewarded with crypto, we’re sure you’ll want to give this one a go.
