Humans have always sought ways to entertain themselves. There are entertainment channels that feature music, football, and games. Of this, gaming is widely acceptable since they can work on any specific device. The presence of smartphones has led to a boom in the game industry as research shows that over 2 billion smartphone users utilize their mobile devices for gaming.
Revolution in the Gaming Industry
TEDCHAIN offers impressive features like game development and decentralized gaming ecosystem. This makes it stand out from the many games present on the blockchain. Users will also have access to a high speed network on the blockchain platform with various services from which advertisers, gamers and content providers can choose from. TEDCHAIN will enhance the gaming experience for all users via a decentralized and cross platform cryptocurrency system. In other words, users and gamers play game on the platform, and get rewarded with TED tokens for the act.
While TEDCHAIN develops games on its own, it also gives users the capacity to do so. With the presence of interoperable crypto-items, TEDCHAIN aims to grow its ecosystem. This is because the TED tokens can be used and sold even outside the system. The TED utility tokens will help build games in the decentralized ecosystem. The TED utility tokens will also serve as the in – game means of installment in every game in the ecosystem. With this, users have a means of installment across all games in tandem with utilizing the TED tokens. Thus, gamers will have access to finish new result prior to the reward framework.
The TED coin provides a private and secure means of payment. The TEDCHAIN decentralized system gives users the ability to control their funds and coins, thus, no one can trace any transfer. With TED coin, users can receive and send coins without fear of transaction leakage on the blockchain ledger. It should also be pointed out that all transaction on the TED network is cryptographically guaranteed. There is also a part of the TED platform that act as a virtual goods market place. It serves to create a decentralized transaction making users able to buy goods with a comprehensive token. TED has the capacity to support a variety of selling complex to help escalate liquidity.
The TEDCHAIN Technology
While offering a secure and scalable game alongside a digital asset management, TEDCHAIN is also a distributed ledger technology. The technology features the following:
• TED PEER TO PEER NETWORK: There is the game optimized blockchain on TEDCHAIN peer to peer network. With this peer to peer mesh network, there is a control over the coin mining algorithm as well as the smart contact features of the blockchain. The possibility of a network split was the motivation behind the adoption of a peer to peer network.
• The Consensus Protocol: With the Proof-of-Stake and Proof-of-Authority protocols, TEDlab developed a novel consensus protocol. It uses the point of sale consensus as a reward system for long term participants in the TEDCHAIN network.
• In Platform Utility Token: With this technology, game developers will be able to license their game assets like inventory items and tournament awards. Gamers will also be able to swap tokenized gaming assets for tradable assets. This technology will give gaming publishers the capacity to convert their tokenized assets to gamers via sale.
To learn more about Tedchain, you can click on any of these links; website whitepaper telegram twitter facebook bitcointalk ANN
Author - Coltpython
Bitcointalk
