Xaya: A Decentralized Platform With A Foundation Based On Blockchain Few

shyna007 (37)in #crypto • 6 years ago

What Is Xaya All About?

Source

Xaya is an Ultimate Blockchain Gaming Platform, the result of several years of research and development into Blockchain gaming by the original pioneers. Xaya addresses both the existing gaming and cryptocurrency markets and further creates an entirely new market in the process through games created on top of the blockchain. This new market is attributable to the creation of new virtual universes and item trading possibilities that are substantially deeper and more flexible than other emerging and simple trading systems using smart contracts. Xaya is not simply an asset platform, it also allows for game worlds to run completely autonomous so that players will never lose their assets due to third party negligence. Xaya is a blockchain based on Namecoin
Xaya is a decentralized platform with a foundation based on blockchain that allows for the interaction,creation and developments of games for users, developers or investors without the need of having infrastrures or centralized servers or massive financial requirements for their operations.
Lets take a few steps back in the past when they(the xaya team) first brought about idea about this subject.

The First Ever Vision -Huntercoin

A few years back, 2013 to be precise, the team behind Xaya brought to limelight; The first ever multiplayer game that ran on blockchain technology, brought decentralization, a system that hosted multi algo currencies, made mining crypto a possibility for users on the platform via gaming activities.
The Steem blockchain was upgraded on September 25th. You may experience trouble posting and transacting while the new bandwidth system stabilizes. Read more here.

What’s The Problems Solved By Xaya

Source

Benefits Of Using

Developers

Time and cost from concept to market for many new and independent developers is often prohibitive. It is commonly known that the majority of these developers are unable to reach the gaming market because of the aforementioned constraints. With appropriate developer tools and using the blockchain to create decentralised autonomous game universes, with a 24/7 uptime, the costs and setup time associated with servers or cloud based services are eliminated, as are the recurring costs, such as user account administration.”

Gamers

In general there is a growing desire for increasingly rich virtual gaming universes in which virtual asset ownership is important for gamer status and progression through a particular game. In addition, the time and effort expended by the gamer could be rewarded beyond simple enjoyment alone and through the exchange of in-game virtual items for real world value or for virtual items available in another game.”

Solutions To This Problem

The Xaya platform will provide a wealth of tools and infrastructure for game developers to build their own game worlds that fit their vision and project. They can fully leverage the Xaya technology to build decentralised games and issue their own game currency that can be traded for CHI or other Xaya game coins/assets secured by the Xaya blockchain.

How Does Xaya Participate With The Crytocurrencies?

To the extent that developers create valuable content, highly concurred games, optimal performance and prominent updates, Xaya and its CHI currency will grow fleetingly.
The form of negotiation established by the platform democratizes the development of the game and makes the users prefer to dedicate their time to invest on the Xaya virtual universe proposal; the growth of encryption will always depend on the number of users who put faith in it and the number of transactions they make, in this way the block chain Xaya invests in technology and research so that their proposal quickly reaches the peak of success and achieve self-sustainability through the CHI.

What Did Xaya Bring New To Blockchain Gaming?

Xaya is the first decentralized massively multiplayer game and also the first game world built on the blockchain. Xaya is the first mining permissible cryptocurrency for regular people. These innovations can completely change the world of gaming.

Source

Benefits Of Using Xaya

• True blockchain games turn game worlds into Decentralised Autonomous Universes that run serverless, unstoppable and censorship resistant.
• With the Xaya platform for in-game assets, your players have true item ownership, garnering greater loyalty for your game. Xaya asset management is simple to use with any programming language you choose.
• With Xaya, fraud is a thing of the past. As are high payment-processing fees. And it’s faster. And easier. With no need to trust a 3rd party.
• Designed from the ground up with game channel technology for virtually unlimited transactions inside game worlds.
• Run your games entirely on the blockchain without the need for centralised servers.
• Secure, trustless trading. Guaranteed zero fraud when trading in-game assets and currencies.
• Designed for Massively Multiplayer Online Games, no servers, and 24/7 up time.
• The Xaya blockchain is secured using a custom PoW mining method. With SHA-256d merged mining secured by Bitcoin miners, 51% attacks are near impossible.
• Compete in games with zero cheating