Eretia Project and Blockchain Technology

in blockchain •  6 years ago 

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Egretia, the name of the world first HTML5 based blockchain engine and platform. It uses HTML5 to serve its users through a game named CryptoKitties. It has adopted a unique feature to give service to the gamers. It has brought together around 200,000 billion developers along with the 1 million HTML terminals to build the blockchain network. It is basically a cross-platform solution for globally recognized HTML5 technology because it covers Internet, mobile games, video, advertising and other industries with the global market size. It has settled Egretia Blockchain Lab by the cooperation of HTML5 technology and made up a vertical industry.

HTML5

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After a number of hardware upgrades, HTML5 has upgraded a rapid development of Internet technology. Some bottlenecks in performance, traffic, and compatibility limit the operations of HTML5 games which has been eliminated so far. Through this cross-platform nature of HTML5, it can be used in games marketing, video, media etc. By using the power of social networking the content has widely disseminated in mobile apps and constructed a brand new business model. Even a new model is also expected for the user sickness to gain more traffic. Because of some characteristics like clock-and-play, viral transmission, user sicknesses the HTML5 game is making a right fit to cop up with the current market demands.

HTML5 is a technology that has been built for the games. In past few years, it has gone through some upgrades of hardware that led it to for a rapid development of Internet technology. It consists of some bottlenecks such as performance, traffic, and compatibility. For this cross-platform nature of HTML5, this technology is widely used in games, marketing, video, media etc. According to this usage of the power of media from social networking, the content of HTML5 is disseminated through the mobile application programs and already has built a brand new business model.

Following Trends

With all the advancement it is making up it also has to generate some changes into the global Internet technology trend with an increasing number of enterprises. All these changes are made with the help of HTML5 technology. Some enterprises have already adopted this technology to become the part of one of the global Internet technology. Such trend followers are:

  • Google- It has started up PWA advocating Android Instant Apps

  • Baidu- Integrated the light-weight apps

  • Facebook- Launched Instant Game in Messenger along with the payment services for such Instant Games
    Tencent WeChat- Opened a series of mini-games to the 100 million daily active users

Pain Points

HTML5 has made quite a lot rapid development that may remain at some pain points. These points are making the system a little inefficient. Such as:

  • Lack of global, unified and secure the payment platform

*Lack of solutions takes to the secured store for virtual assets or users

Lacking in mechanism may question about fairness in games

Lacking solutions may need to respond rapidly for distributing the backend communications

Shortage of mechanism can protect effectively with the intellectual property of HTML5 products

May require some effective mechanism to motivate the good times for developing the high-quality games and apps

May require the approaches for monetizing the internet traffic

Blockchain Technology

The blockchain technology is rising up gradually by making some understandings which are applied to some related projects. There are some advantages and disadvantages of the blockchain and it is becoming obvious day by day. The advantages are:

  • It uses distributed ledger mechanism for safe, transparent and tamper-resistant.

  • It has been turning into complete smart contracts for fair and square

  • The decentralized data storage is combining with smart contracts in response to the reliable

  • Ensures unified payment and settlement through the token system

The blockchain technology has some disadvantages as well:

  • It may contain poor development, testing and upgrading process

  • Smaller development community with poor development tools

  • Inconveniences of users and costs of learning are high

  • Contains some security issued regarding the accounts and wallets

Egret Technology has inaugurated the business making a contract hand on hand and built Egretia Blockchain Lab. The combining technology of blockchain has proven workflows on regards of HTML5. The developers are able to develop the blockchain applications rapidly and truly. This also applies to the blockchain technology for having a vertical industry. With all these ideas Egretia is growing every day. It is making the system more efficient and effective so that the users feel to use it again and again. The unique idea of gaming through transacting also made the system lucrative.

Website : http://egretia.io/
Whitepaper : http://egretia.io/static/Egretia_White_Paper_V1.0.pdf
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1151479

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