Since the appearance of Bitcoin in 2009, a large majority of cryptocurrencies have used protocols called Proof of Work (PoW) or Proof of Stake (PoS) for the verification of their transactions, which allow obtaining coins and expanding their profits through crypto mining to those who use them.
Blockchain technology has led the online gaming industry to an accelerated evolution, and there are already proven experiences in the past of the application of blockchain networks in gaming.
In 2014, Motocoin was created, the first cryptocurrency to implement a different approach by introducing the concept of proactive mining with a test model called Proof of Play (PoP), which allows users to participate in a game to achieve get coins. Motocoin was the pioneer in the cryptocurrency market by launching this novel proactive mining protocol. Unlike these protocols, Proof of Play requires the player to perform a cognitive workload, when participating in a simulation game to mine and extract the coins, which means that the algorithm uses more human skill and dexterity to mine instead of computing power.
In those years, Huntercoin was also launched, as an experimental test to see how blockchain technology could be handled in the world of games. An open source, cryptographically secure, decentralized and innovative cryptocurrency, whose main difference is that 80% of the coins could be obtained by collecting them in a virtual universe that resides within the blockchain. Just a few months after its launch, Huntercoin was a success, managing to create over 35,000 controlled characters in the game despite having a low-key launch, and ended up providing a number of world-leading ideas in blockchain technology. .
Both Huntercoin and Motocoin were the inspiration behind the blockchain games that invade us today and could come to dominate tomorrow.
Thus was born from the hands of Arian, the Proof of Achievement (PoAch) protocol, the most recent evolution of Proof of Play, which proposes a consensus protocol inspired by the best of Proof of Work and Proof of Play. The PoAch makes mining a really simple process, since it proposes a strategy in which the effort or work carried out by a person on a computer or mobile device is rewarded for achieving the goal proposed by the proposed challenge.
In other words, whoever invests time developing an activity, can achieve the validation of a block and, therefore, be the winner. That is the basic concept behind the PoAch protocol, a much more efficient protocol from the point of view of energy saving and becoming completely decentralized, leaving behind failed attempts based on Proof of Play (PoP), which do not achieved the expected results. It also enables high immutability in the blockchain ecosystem allowing hundreds or thousands and even millions of participants in the network because it is light, easy to implement and also does not require specialized equipment or much knowledge.
Revolutionary would be the most accurate qualifier for the work achieved with the PoAch protocol, an interactive and intelligent mining that achieves an optimal productive relationship between the investment of time and the use of hardware with basic characteristics. The combination of the benefits of the first and old protocols show us the new frontier of blockchain technology in the gaming world. It is in our hands to make the most of the Proof of Achievement.
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That is an interesting and novel concept. As a gamer it quite interesting and could add a whole new level of achievement to games. Thanks for sharing.