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Decentralized Gaming: Unboxing

Vitaliy Basiuk
Contributor
Alissa Adams
Editor Fact checked
May 16, 2023 | UPD: April 30, 2024 | 7 mins min. reading | 577
Decentralized Gaming Development

Decentralized Gaming: Unboxing

Since the early 1980s, when 8-bit graphics were all the rage, the gaming business has been on the rise. Before Xbox 360 and PlayStation dominated the market, compact disc consoles like SEGA and Nintendo DS were popular. Given the soaring popularity of traditional games and the vast untapped potential in the industry, it was only a matter of time before virtual worlds and blockchain technology collided.

Developers of decentralized applications could not use the Bitcoin network because of its rigidity. Video games place heavy demands on computer technology and software, and their success depends on lightning-fast response times. If we ignore the shortcoming of the smart contract, the Bitcoin network’s confirmation time for a transaction is 10 minutes. Decentralized gaming entered a new age with the rise of alternative blockchains like Ethereum (which allows for the deployment of smart contracts).

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Categories:
Blockchain
Metaverse
Web3
Written by
Vitaliy Basiuk
CEO & Founder

Written by Vitaliy Basiuk
CEO & Founder at EvaCodes | Blockchain Enthusiast | Providing software development solutions in the blockchain industry

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