transaction speed and high network latency, blockchain gaming lags
behind traditional PC and console gaming systems. The developers
and gamers will be able to build and play games more effectively with
polygon’s commit chain scaling technology and the Ethereum network
working together. Polygon’s ability to help grow the blockchain
gaming industry could not come at a better time as a non-fungible
token (NFTs) and NFT marketplaces are driving the popularity of the
blockchain and crypto industry at large—
with many gamers buying,
selling, and trading different types of in-game NFTs. Top gaming and
NFT dApps such as Aavegotchi, Neon District, Z ed Run, and Cometh
have scaled their user experiences with a polygon.
Other use cases: Polygon is also built for many other use cases, like
helping realize the fast settlement times needed to allow
decentralized exchanges (DEXs) to offer users faster and cheaper
trading. Protocols like Curve and mStable have also ensured low cost
and low slippage stable coin swaps. Additionally, polygon’s plasma
scaling solution is able to expedite cross-chain atomic swaps of
tokenized and non-tokenized assets. Most dApps need a way to sign
transactions without submitting private keys due to user privacy
concerns. Because of its scalability enhancements, polygon helps
enable an open identity framework for dApp design and use.
Mining and its steps
In mining, the selection criteria being the highest fees paid, the miners
select the transactions to be included in their block from the pending
transaction pool.
The required computational work is intensively done on account of the set
Ethereum network protocol’s difficulty for generating a block. The
difficulty level is proportional to the amount of computational power used
to mine Ethereum and serves to secure the network from attacks and tune
the speed at which the blocks and block rewards are generated.
The system of generating hashing power from the computer hardware is
PoW, which is a competitive activity undertaken by miners to write
transactions to a new block that subsequently is added to the blockchain. A
payout of a few ethers is given to the miner for each block mined on the
Ethereum.