Today, Immutable, the developer of the famous blockchain-based trading card game (TCG) Gods Unchained, and software company StarkWare have announced their joint project – Immutable X.
Immutable X is a decentralized non-depositary exchange. It is designed to support a large number of transactions for non-fungible tokens (NFT) while reducing the load on the main blockchain of Ethereum. NFTs are unique blockchain tokens, like virtual trading cards.
As happened in late 2017, when the NFT CryptoKitties game went viral, it caused heavy congestion on Ethereum. This has been a potential problem since then for other NFT game makers.
Immutable CEO James Ferguson and StarkWare co-founder and CEO Uri Kolodny shared the details of the project with Decipher Stephen Graves during the 2020 Ethereal Virtual Summit direct.
In Gods Unchained, players acquire collectible cards that can be traded in the real world, each representing a sort of spell, creature, skill, effect, etc. After compiling a full game, players then participate in magic duels, pitting their decks against each other.
The game cards are NFTs on the Ethereum blockchain. Players can freely trade and exchange their cards in the game ecosystem.
During the discussion, Ferguson noted that as the popularity of the game increases, the potential problems for the entire Ethereum network also increase. Indeed, NFTs require much more capacity than regular transactions.
“When trying to create a game aimed at mainstream appeal, we encountered quite a few technical problems which we are happy to be able to overcome. The big thing is obviously scalability, ”said Ferguson.
“Currently, Ethereum can only handle around 120,000 exchanges of non-fungible tokens per day at its capacity. So far, we have created more than seven million trading cards, each of which is a non-fungible token. In doing so, we had to face high risks of being able to clutter the entire network, ”he added.
To solve this problem and Gods Unchained to stand the test of time – after all, Immutable plans to attract at least a million players in the near future – the company has partnered with StarkWare. The latter focuses on using knowledge-tested technology to solve the problems inherent in blockchains – scalability and confidentiality.
The partnership has resulted in Immutable X which will lighten the load – caused by NFT transactions – of Ethereum’s core network.
“We use StarkEx, which is our scalability engine. [Thanks to it] we are no longer limited by the resources of the blockchain in terms of scale, but rather by the scale of the proof machines that we can use in the cloud. In the past few weeks, we have made more than 20 million transactions on the Ethereum public test network [prior to] our very exciting launch with Immutable this summer, ”noted Kolodny.
According to Immutable’s announcement, StarkEx will offer players “private transactions, instant settlement and zero gas charges for peer-to-peer trading of in-game items on Ethereum”.
In the future, Immutable X will also support other games. The launch of the platform is scheduled for the third quarter of 2020.