BI 002 Gaming Onchain with AA
Problem Statement
- The idea is to enable a Web2 gaming experience on the Polygon Chain by implementing Account Abstraction
- Account abstraction allows users to seamlessly interact with games and applications on the blockchain without the need to manage complex blockchain addresses and transactions, reducing friction and enhancing the gaming experience.
- The current user experience of interacting with blockchain-based games can be cumbersome and confusing for mainstream gamers. Managing blockchain addresses, gas fees, and transaction processes can create friction and divert gamers' attention away from the actual gameplay.
Potential solution
- The solution is to implement Account Abstraction on The Polygon Chain, allowing gamers to interact with games and applications using familiar WEB1 accounts, such as social media logins or email addresses
- The underlying blockchain complexities, such as Managing addresses and transactions, are abstracted from The users, creating a seamless and intuitive user experience.
Challenges you may have to overcome
- gaming applications often require high transaction throughput and low latency to provide a seamless gaming experience. Building a gaming platform on The blockchain while ensuring scalability can be a challenge due to The limited scalability of some blockchain networks.- user experience plays a crucial role in The success of gaming applications. Designing a user-friendly interface, providing smooth gameplay, and minimizing transactional friction are essential considerations.
- integrating gaming features with blockchain technology requires a deep understanding of smart contract development, tokenomics, and blockchain infrastructure.
- Translating game logic and Managing game state on The blockchain can be complex. ensuring consistency and security while maintaining real-time interaction among players is crucial.
Business model
- The gaming industry is a massive market, with billions of players worldwide. as blockchain technology and decentralized gaming platforms gain popularity, there is a significant opportunity to attract mainstream gamers to The Polygon Chain by providing a seamless WEB1 gaming experience.
- by removing friction and enhancing user engagement, The market size for blockchain-based gaming experiences can be expanded.
- The gaming platform or developer could pay a fee or share a percentage of The revenue generated from user engagement and in-game transactions on The Polygon Chain. Additionally, partnerships with advertisers or sponsors could be explored to monetize The gaming experience further.
Market Opportunity
The Total Addressable Market (TAM) for building a Gaming on Chain platform with account abstractions in the crypto space is significant and continues to grow.The TAM for a Gaming on Chain platform with account abstractions in the crypto space is influenced by factors such as the platform's target audience, game genres, marketing strategies, and competition. Conducting thorough market research, identifying the target user segment, understanding their preferences, and offering unique gaming experiences will help refine the TAM estimation for a specific gaming platform in the crypto space
- Emerging Markets: The TAM for gaming on the blockchain extends globally, including both established gaming markets and emerging markets with increasing internet and smartphone penetration. Targeting a diverse range of regions and demographics can significantly contribute to the TAM.
- NFT Market Growth: Non-fungible tokens (NFTs) have gained significant attention and value in the crypto space. NFTs can be used to represent in-game assets and provide unique and tradable digital items. The thriving NFT market contributes to the TAM for gaming on the blockchain, as players seek to engage with NFT-based games.
- Global Gaming Market: The global gaming market is substantial, with billions of gamers worldwide. As blockchain technology and cryptocurrencies gain popularity, incorporating gaming on the blockchain presents an opportunity to tap into this large and growing market.
FAQs
Polygon zkEVM is the leading zero knowledge scaling solution that’s equivalent with the Ethereum Virtual Machine, this means that most of the existing smart contracts, developer tools, and wallets work seamlessly.
Polygon zkEVM harnesses the power of ZK proofs to reduce transaction cost and increase throughput, all while inheriting the security of Ethereum L1.
1- Ethereum-equivalence: Most Ethereum smart contracts, wallets, tools, etc. work on Polygon zkEVM seamlessly.
2- Inherits Ethereum security
3- Lower cost compared to L1 and better finality than other L2 solutions like Optimistic Rollups
4- ZKP-powered scalability, and aiming at similar throughput to PoS
Many people in crypto believed that a zkEVM was years away, and might never be practical or competitive with other ZK L2s. This was framed as an unavoidable tradeoff: we could have either full EVM equivalence or high performance, but not both. However, with the proving system breakthroughs pioneered by Polygon Labs, we belieive we can achieve full EVM equivalence while offering better performance (higher throughput, lower latency, and lower cost) than alt-L1s, optimistic rollups and other ZK rollups.
EVM-equivalent: Ethereum isn’t just a blockchain. It’s a rich ecosystem of smart contracts, developer tools, infrastructure, and wallets. It’s a vibrant community of developers, auditors, and users. The best way to scale Ethereum is to strive to maintain equivalence with this ecosystem, and the Polygon zkEVM will give users and developers an almost identical experience to Ethereum L1 -- just with a significant scalability improvement.
The ultimate goal is not compatibility. The ultimate goal is equivalence. Solutions that are compatible enable most of existing apps to work, but sometimes with code changes. Additionally, compatibility may lead to the breaking of developer tooling. Polygon zkEVM strives for EVM Equivalence, because it means that most applications, tools and infrastructure built on Ethereum can immediately port over to Polygon zkEVM with limited to no changes needed. Things are designed to work 100% on day one. This is important, because ideally:
1. Development teams don't have to make changes to their code, which could introduce a security vulnerability
2. Since no code changes are needed, you dont need additional audits, which saves teams money
3. The experience for a developer is much better. Since he/she is not rewriting the application, valuable time is saved.
4. The solution ultimately benefits from the security and decentralization of Ethereum, since transactions are still finalising on Ethereum
5. Allows Polygon zkEVM to benefit from the already vibrant and active Ethereum community
6. Allows for significant and quick dApp adoption, since apps built on Ethereum today are designed to be compatible.
SELFDESTRUCT: removed by SENDALL
EXTCODEHASH: returns hash contract bytecode from Polygon zkEVM state tree (do not check if the account is empty)
DIFFICULTY: returns 0
BLOCKCHASH: returns all previous block hashes (not just the last 256 blocks)
BLOCKCHASH is the state root at the end of a processable transaction and it is stored on the system smart contract
NUMBER: number of processable transactions
zkEVM supports all opcodes but SHA256, BLAKE and PAIRINGS.
ecRecover and identity are presently supported. Others return a revert.
At the moment, the answer is No. Aspirationally, the goal in the future is to build one of many chains that allow for users' assets to move from layer 2 (L2) to layer 2. With that being said, users will not be able to utilize this functionality at launch, but L2 to L2 movement is something road mapped for the future.