Video game commerce company Xsolla has launched its Xsolla ZK chain on Ethereum’s Sepolia testnet, introducing a “digital backpack” for on-chain virtual items.
Using Xsolla ZK’s “digital backpack,” developers, item creators and gaming infrastructure providers will be able to store and manage in-game items on-chain. “Xsolla ZK is not just about innovation; it's about creating real value for the gaming community,” said Lee Jacobson, Senior Vice President of Business Development Web3 at Xsolla, in a press release shared with Decrypt.
Xsolla ZK will form part of the Elastic Chain constellation of interconnected chains leveraging Ethereum layer-2 Zksync and its zero-knowledge rollup technology. zk-rollups are a type of scaling solution that leverage zero-knowledge proofs, a form of cryptography that enables someone to mathematically prove that a statement is true without disclosing additional information about that statement.
Jacobson said that the use of zk-rollups offers game developers a “scalable and pioneering solution aligning with the economic models with which they are familiar,” building on the Xsolla ecosystem that has seen over 1,000 developers and publishers using its technology across more than 2,500 games across the past two decades.
Even after the latest crypto crash, Ethereum remains expensive for many to use. That’s because the Ethereum blockchain is slow and has maxed out its capacity. Now you must pay through the nose for every additional byte of block space if you are to buy the next "must-have" NFT.
Until "Ethereum 2.0," the next generation of the Ethereum blockchain, resolves all of these issues, the community must rely on so-called scaling solutions: technology that speeds up the Ethereum blockchain. Scaling soluti...
“For gaming ecosystems to thrive, it’s critical to close the gap for both users and builders,” said Rich Kim, Head of Gaming at Matter Labs, the main developer behind Elastic Chain. Kim added that builders need, “proven, plug-and-play infrastructure to launch rich features while handling the performance required by mass usage games.”
Having previously supported gaming firms including Valve, Take-Two, KRAFTON and Nexters with its tools and services, Xsolla has ample experience of helping game developers and publishers of all sizes to fund, market, launch, and monetize their games globally and across multiple platforms.
Kim added that users need “easy-to-use and convenient in-game features and payment options that can be leveraged across a broad ecosystem of games,” with Xzolla ZK’s digital backpack, “carving a path for gaming to transition and thrive in Web3.”
Researchers at the University of Texas at Austin have figured out how to turn everyday throwaways into a technology that pulls clean water straight from the atmosphere.
The team used different organic materials to develop "molecularly functionalized biomass hydrogels" that extract drinkable water from air using only mild heat, producing nearly four gallons daily per kilogram of material—about three times more than typical water-harvesting technologies.
"This opens up an entirely new way to think...
MetaMask is rolling out support for Solana and Bitcoin this year, a move that will allow the Ethereum-centric crypto wallet to cast a wider net for new users.
Beginning in May, MetaMask will enable its users to buy, sell and swap tokens and interact with decentralized applications across the Solana ecosystem, the company said Thursday in a statement. The application will also begin supporting Bitcoin sometime between July and September, allowing MetaMask users to hold the world's oldest cryptoc...
Ethereum founder Vitalik Buterin has called for "truly robust wallet solutions" that reduce the risk of accidental crypto losses.
While much attention has been paid to crypto hacks of late, with more than $1.4 billion recently stolen from crypto exchange Bybit, Buterin argued that not enough attention is paid to helping those whose digital assets have become inaccessible.
"Software bug, forgotten password, lost device, paper wallet burned down in LA fire, upgraded device without backing up data...