EOS Blockchain and Gaimin.io

in gmrx •  5 years ago 

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The requirements for blockchain mining is quite tasking. Therefore, there’s a need for a system that is fast, secure and can seamlessly propagate cryptographic algorithm solving. Gaimin.io platform adopted the EOS blockchain. The EOS blockchain is a decentralized system that has been modelled to support industrial scale decentralized applications.

The Gaimin.io platform operates on the EOS blockchain. It chose this blockchain due to a number of reasons. Notably, these attributes specifically accommodate the dream of the Gaimin.io

Why EOS blockchain

Gamification qualities

A notably future plan of Gaimin.io is the creation of digital gaming assets that can help gamers to buy, play and earn strictly in the blockchain network. This makes EOS highly suited to the current and future needs through its large scale infrastructure.

Enormous speed and Scalability

The high transaction speed that characterizes the EOS blockchain is what is needed for Gaimin.io to function. The high speed coupled with the prospect of size change fits the Gaimin.io dream.

Little or no transactions charge

The EOS is an almost free system. Unlike other decentralized systems like Ethereum that require users to pay a fee to use smart contracts, EOS employs a system that encourages users to stake their EOS tokens. The tokens are compensated with Bandwidth and storage for your smart contracts. This will allow millions of transactions to be completed on the Gaimin.io without exorbitant charges.

Flexibility

The EOS blockchain is flexible and has a great capacity to evolve. This will help achieve the first and second phase of the Gaimin.io project. It will also enhance the development of newer ideas on the system.

Large community of users

The EOS is a fast growing blockchain, with many platforms adopting it as a foundation to build on. The incorporation of the Gaimin.io on it is a welcomed idea. The global community of EOS users will find it easier to adopt Gaimin and its potentials. This will grow Gaimin participation exponentially.

Perfect account management

Every EOS account shares three special permissions: owner, active and recovery. Users can select trusted partners that will have access to update the account authority and help get access back in any case of account loss. This makes it almost impossible to totally lose an account. It is a form of decentralization of power. This is achieved through Authorization delays and deferred transactions on the EOSIO blockchain. This is perfect for players as they can retrieve their gaming accounts in case of any glitch.

Unique nomenclature

Every account on the EOS blockchain can be saved with an account name. Gamers will love this idea as they can select their game names, and subsequently use this ID to locate each other.

System management and security

EOS has it own in-network governance and security. This is provided by some block producers who are specially employed and paid to secure the network. This will help gamers secure their in-game funds and other information away from third party attacks.

Shared team vision

The Gaimin.io team and EOS team have met and had some meetings. They both share the vision of easing things within the blockchain. This explains the natural collaboration.

Conclusion

The EOS blockchain has all it takes to help Gaimin.io grow. The unique ability to evolve will play a large role in positioning Gaimin.io as the future of blockchain mining and blockchain as a whole.

USEFUL LINKS
Website: https://gaimin.io/
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=5225201.0
Whitepaper: https://gaimin.io/Gaimin.io_Project_Whitepaper_1.2.pdf
Telegram: https://t.me/officialgaimin
Twitter: https://twitter.com/GaiminIo
Medium: https://medium.com/@gaimin
YouTube: https://www.youtube.com/channel/UCp9Y_FMB1p4Nqjct0Ro9f3g
Facebook: https://www.facebook.com/Gaimin.io/

AUTHOR'S DETAILS
Bitcointalk Username: Chidoskim
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2652432

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