๐จโ๐ปTechnical Document
Last updated
Last updated
The Plays Blockchain is under development!
Plays Blockchain
Arbitrum One
In $PLAYS
180000+
The Plays Blockchain is a permissionless Arbitrum Layer 2 and Ethereum Layer 3 with ultra-low gas fees. Offering unparalleled benefits tailored specifically for Web3 gaming enthusiasts and developers.
Designed for seamless integration with Ethereum Virtual Machine (EVM) wallets like Metamask and Coinbase Wallet, the Plays Blockchain operates atop the Arbitrum network, leveraging its robust infrastructure to bolster performance and reliability. We have chosen Arbitrum as the Layer 2 settlement layer due to its excellent security and high TVL. Currently, Arbitrum sits with the highest TVL among all Ethereum Layer 2s.
The Plays Blockchain rolls up all of its transactions to Arbitrum, which in turn rolls up all transactions to Ethereum. In other words, Arbitrum is the primary settlement layer and Ethereum is the secondary settlement layer. This approach allows the Plays Blockchain to inherit all the security benefits of Ethereum while achieving 10000 times lower fees!
At the core of the Plays ecosystem lies the native currency $PLAYS, which acts as the native gas token of the Plays Blockchain, the utility token for all our games and Dapps, incentivizes developers, and functions as a primary unit of value within the network.
Furthermore, the Plays Blockchain is designed to support a wide range of applications, from Digital Marketplaces, and Web3 games to innovative decentralized platforms. Its flexible infrastructure accommodates diverse gaming experiences, empowering developers to unleash their creativity and bring captivating gaming worlds to life.
One of the most distinctive features of the Plays Blockchain is its stake-for-gas structure for on-chain transactions. Developers are able to stake $PLAYS Tokens on Arbitrum One and receive gas on the Plays Blockchain to pay for their gassless smart contracts. This approach eliminates traditional gas fees for developers and their users, which presents a real issue for game development. Ensuring that both players and developers can engage in gaming activities without the burden of costs and complexity.
Due to its permissionless nature, all transactions require gas to send transactions or deploy smart contracts. Unlike permissioned no-gas blockchains, we are benefiting from the network effects of a permissionless blockchain while still avoiding potential spam and having gasless Dapps on the chain. This streamlined approach not only fortifies the integrity of the network but also optimizes its operational efficiency.
Ethereum Ecosystem: The Plays Blockchain is part of the Ethereum multi-chain ecosystem. This means assets can freely move between the Plays Blockchain, Arbitrum, Ethereum, and all other layers.
๐ Ultra-low Fees: Fees are set to the absolute minimum and are only used to deter spam transactions on the blockchain. You can expect 100-fold lower fees than Arbitrum and 10000 times lower fees than Ethereum Mainnet.
๐ Best in class Security: The Plays Blockchain inherits its security from Ethereum itself, which is the most secure smart contract platform in existence.
๐ฐ Stake to Pay Gas: Users/Developers can stake $PLAYS on Arbitrum in order to receive Gas tokens on the Plays Blockchain, essentially reducing the payable gas fees to zero for their Dapps and all their players.
๐ธ Asset Bridging: Bridge your assets freely to and from the Plays Blockchain using the built-in permissionless Bridge system.
โ๏ธ Block Explorer: Browse and interact with the data stored on the Plays Blockchain. View information about blocks, transactions, addresses, and other relevant data related to the network.
๐ Transaction Tracer: Trace the flow of funds from one address to another, such as transaction amount, sender and receiver addresses, transaction status, and timestamps.
โ High Availability: The Plays Blockchain will remain operational and accessible for extended periods without interruption due to its redundancy, fault tolerance, and quick recovery mechanisms to minimize downtime.
โซ Auto Scaling: The Plays Blockchain automatically adjusts the number of compute resources to match the workload demand in real-time. It ensures optimal performance and cost efficiency by scaling resources up during periods of high demand and down during periods of low demand.
Plays Blockchain
Arbitrum
Ethereum