But what is blockchain actually? How does it work ? What are the advantages ? This is what we will see in detail in this article and file.
Summary :
What is blockchain ?
It's a technological invention
Invented in 2008 by Satoshi Nakamoto, blockchain designates above all a technological innovation, and not a particular blockchain, because there are thousands of different ones.
blockchain is therefore a technology.
What is it concretely?
To put it simply, a blockchain is a database. It is therefore a technology for storing and transmitting information over the Internet. It is simply the equivalent of an account book, a register.
However, the specificity of this technology is that it operates on the principle of a blockchain, hence its name. And from this difference will result many advantages and the Web3 revolution. Because in fact, this technology has the major advantage of offering a registry system that is decentralized, public, transparent, completely secure, and non-modifiable.
It is a trust infrastructure
Previously, traditional databases had in common that they were managed by an owner entity who shared the data. But the owner of a database also had the possibility of modifying the data, which presented a major risk of fraud, and a breach in users' trust in this data.
But the blockchain was invented by Satoshi Nakamoto to overcome these flaws and these risks. Because, unlike traditional Web2 databases, a blockchain is not owned by an entity, by a person, but on the contrary, public and decentralized. That is to say that all users of a block-chain have a copy of the database, which makes it possible to avoid the alteration of information by a person, thanks to a secure consensus algorithm which verifies the content data on all versions of the blockchain held by all its users.
This is why blockchain technology is described as “ trust infrastructure ”.
How does it work ?
Traditionally, Web2 databases are a single file, owned by an entity, as we saw previously. Thus, not only could the owner of a database modify the information, but it also left no trace of the data manipulation. And once again, blockchain technology has been studied and created to overcome this major security flaw. Indeed, a blockchain is not a file, but a chain of blocks, hence its name blockchain .
Applications derived from this technology
The technology invented by Satoshi Nakamoto has already enabled the creation of numerous concrete applications such as:
- cryptocurrencies,
- NFTs (Non Fungible Tokens),
- Smart Contracts etc.
In summary, blockchain is the technology behind the invention of Web 3.0
What is Blockchain Gaming?
The invention of the blockchain also revolutionizes the leisure and video game entertainment industry with what is now called GameFi GameFi a mix between Gaming & Finance ) .
The advantages offered by Web3 games
Indeed, Web3 video games now make it possible to integrate the notion of digital scarcity and digital property into their gameplay, particularly with NFTs.
Thus, players truly take ownership of their purchases of characters, equipment, and accessories in Web3 games.
The difference between On-Chain & Off-Chain Gaming
In the large family of blockchain games, we can distinguish 2 categories:
- On-Chain games are games developed entirely on a blockchain ,
- And Off-Chain games are games that integrate blockchain into part of its gameplay.
Thus, in an On-Chain game, all the actions carried out by the players are entered and recorded in a blockchain , while only gameplay elements are recorded in so-called “Off-Chain” games.
Currently, due to technical constraints, most resource-intensive Web3 games are Off-Chain games.
However, in the future, the vast majority of Web3 Gaming should be made up of On-Chain games because they make it possible to offer a completely decentralized ecosystem to its users.
What are the best Web 3.0 games?
The GameFi game universe is extremely vast:
- Adventure video games, MMORPG, FPS etc.
- Fantasy sport: football, rugby, tennis, MMA etc.
- Mobile applications such as “Move to Earn” (M2E) etc.
As a result, it is impossible to say which is the “best blockchain game” because it primarily depends on the preferences of each player.
So if you want to play Web3 games but you don't know which ones to choose, we advise you to consult our Web3 Gaming directory by clicking here !
