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Introduction
The concept of Web 3.0 has been around for decades but has only gotten traction in recent years, due to the expanding popularity of NFTs, cryptocurrencies, and blockchain. However, the concept of Web3 is quite new for developers and internet users around the world, which is why its adoption and application have become complex, causing Web3 developers to face massive challenges.
This article will discuss COMBO | Provider of open-source, decentralized Layer2 scaling solutions
ABOUT COMBO
COMBO is a leading provider of scaling solutions for Web3 game development. By leveraging the world's top game engine, COMBO is building an open-source, decentralized, game-oriented Layer2 that is accessible to everyone. It aims to maximize the potential of Web3 games by connecting game developers with the entire ecosystem in an efficient, affordable and secure way.
Cocos-BCX, known today as a Combo network, is a decentralized multi-chain interior operability platform that aims to connect various blockchain networks. This platform offers a solution for blockchain industry fragmentation by enabling another blockchain network to communicate and interact with each other. The Combo network uses a hybrid consensus mechanism that combines the detection of the work (Pow) and the proof of the proportion (POS) to ensure safe and reliable transaction processing.
The combo, which focuses on innovation, accessibility and community engagement, has a good position to promote the introduction of web3 games to the masses and enable developers and investors to open up the full potential of this interesting and quickly developing space. Combo offers an attractive investment option for those who are interested in developing a decentralized financial world with decentralized exchange functions, liquidity, agriculture and bets.
What is COMBO's goal?
Backed by the world's leading investors and partners in gaming including Binance Labs, NEO Global Capital and more, COMBO is on the mission to bring over 1 billion gamers to web3.
COMBO Missions
COMBO will participate in the summary of Layer 2 answers in Web3 and game scaling. Layer 2 deployments have made major advances with ImmutableX and Polygon, making the Ethereum environment even bigger, but without the gasload wars. COMBO provides comparative support for Binance Shrewd Chain in a way that is versatile in game speed and app usage. The COMBO suite has been around since around 2017, providing cross-section and similarities to existing blockchains. COMBO also works with most Web3 based information centers, as well as security pioneers like Certik. The COMBO instrument can be used as well as Trust Wallet, Binance token passthrough, NFT, and Math Wallet.
COMBO will start with a new way of handling Web3, featuring new images and tools at the Hong Kong Web3 Celebration. Its ultimate goal is ambitious: achieve mass onboarding of Web3 clients. COMBO offers idealistic rollups that offer custom levels of customization to suit your game. Toward the end of April, COMBO plans to ship its instruments to the test network and then make them available to designers as an immediate option.
Potential Web3 Gaming with Combo Networks
The emergence of web3 has opened new opportunities for innovation and growth in the game industry. However, the fragmentation of the blockchain network has caused challenges for the integration and communication of smooth play platforms. The combo network has entered here and offers a comprehensive solution for activating interoperability and scalability in web3 games.
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COMBO Features
Combo understands the challenges that the game developers face under high pressure and high market conditions at this point in time under high pressure and high market conditions, and has solutions that are carried out specifically to rationalize games in the future. Below you will find some of the functions offered by Combo:
- Layer2 - Combo uses Layer2 technology to record transactions and accelerate the block confirmation time.
- Optimistic Rollup - Combo uses optimistic rollup, a Layer2 scaling solution that combines many transactions and lowers the gas costs.
- BNB chain - Combo uses Binance Smart Chain, which has a quick block confirmation time to shorten the transaction time and the fuel costs.
- ComboUp - ComboUp is a combo development toolkit in Full-Stack that simplifies the development and use of games.
- Web3 Game Solution - Combo offers Ready -Made Web3 Game Solutions with which developers can create games with functions that support blockchain.
- Game Ecosystem Blockchain - Combo like an overcrowded activity nest that is about playing extraordinary games with blockchain technology as a point.
This ecosystem is working hard to create a high game project system on playing that offers extraordinary functions. The best thing is that everyone is activated by the blockchain. This is like a playground for players and developers who are unlimited.
How does the COMBO Network Work?
The COMBO network works using a combination of technologies, including atomic swaps, liquidity pools and brokerage contracts. Here's how the process works:
- User A wants to exchange Token X on Ethereum for Token Y on Binance Smart Chain.
- User A sends Token X to the COMBO Network’s liquidity pool on Ethereum.
- The COMBO Network liquidity pool on Ethereum sends an equivalent amount of X Tokens to the liquidity pool on Binance Smart Chain.
- User B on Binance Smart Chain sends Token Y to the COMBO Network liquidity pool on Binance Smart Chain.
- The COMBO Network liquidity pool on Binance Smart Chain sends an equivalent amount of Token Y to User A’s wallet on Ethereum.
This whole process happens smoothly and quickly, allowing users to transact across multiple networks without any hassles.
Tokenomics
Combo is an original token from Combo. This is used to pay transaction fees and other platform services. The combination can also be at stake in order to obtain prices or to use the participation in government decisions. The total number of combo -tokens is one billion, 10% for teams and consultants, 30% for the development of ecosystems and partnerships, 20% for future development and community incentives and 40% for public sales.
- Total supply (100,000,000): The overall supply of combo token consists of 100 million units, providing a strong foundation for the growth and sustainability of the platform.
- Pure token (71%): Pure token is 71% of total supply, triggers various components of the combo ecosystem and ensuring the smooth operation.
Token Information
- Token symbol: $COMBO
- Maximum supply: 100,000,000 (equal to $COCOS)
Smart contract address
- ERC-20: 0xc03fbf20a586fa89c2a5f6f941458e1fbc40c661
- BEP-20: 0xc03fbf20a586fa89c2a5f6f941458e1fbc40c661
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Combo Testnet Launch And How Benefit If You Use it
If the start of a highly expected combo test, the early users are looking forward to the opportunity to take part in various events and advertising campaigns. There are many advantages to be the initial introduction, and Combo offers some interesting incentives for those who are involved at the start of the Testnet.
One of the greatest advantages of initial adoption is to be the most important competition. By participating in the start of Testnets, developers and players can recognize the platforms and functions before the full start. This offers you a strategic advantage if the platform is officially launched so that you can develop games and applications that are fully optimized for the Combo ecosystem.
In addition to the strategic advantages, the first introduction also has the option of participating in various events and advertising campaigns. This event and action are awarded for the first introduction to your support and the generation of breakthroughs and excitement around the platform.
TestNet Info
- Network Name: Combo Testnet
- New RPC URL: https://test-rpc.combonetwork.io
- ChainID: 91715
- Symbol: tcBNB
Block Explorer URL: https://combotrace-testnet.nodereal.io/
#combo #cocosbcx #combonetwokio #gamefi #blockchain #cryptocurrency
Join the world's top Web3 Game Community, COMBO
- Website: https://combonetwork.io/
- Twitter: https://twitter.com/combonetworkio
- Telegram: https://t.me/COMBONetworkio
- Ann's Telegram: https://t.me/COMBONetworkNews
- Discord: https://discord.gg/combonetwork
Author
Forum Username: Irawan suseno
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2446225
Telegram Username: @irawansuseno
Bsc wallet: 0x0aE2c30d4C8E410A8c58F810BF5BC7086538dA7d