Why Solana?
Solana and the Solana community have grown over the past 2 years to prove themselves as a high-performance decentralized blockchain that is built to enable scalable, user-friendly applications. Solana can handle 50,000+ transactions per second, has 0.4 second block times and has over 1,150 validator nodes as of the time of this writing.
The average transaction cost on the Solana Blockchain is $0.00025 USD which is a huge selling point and extremely useful in the context of play-to-earn games; not only because of the potentially high volume of transactions needed to support the games, but also because players do not want transaction fees to negatively impact their earnings.
The Solana ecosystem and its community have grown exponentially throughout 2020 and 2021 thanks in large part to the fact that Solana is a programmable and efficient alternative to Ethereum. While the majority of decentralized applications are still built on the Ethereum blockchain, it is no secret that the network in its current state struggles with congestion and high transaction fees; leading developers, investors and users to seek out alternatives such as Solana.
Solana’s wormhole project - which bridges decentralized finance (DeFi) networks and allows them to communicate with each other - is another major benefit, allowing tokenized assets to move seamlessly across blockchains. This is directly in line with Gamerplex’s mission to build a metaverse focused on interoperability across multiple blockchains, tokenized assets and games.
Last modified 1yr ago