In recent years, the term “immutable X” has gained popularity in the blockchain industry. This technology has been adopted by many projects, including some of the top NFT marketplaces, to overcome the scalability and cost issues associated with Ethereum. In this article, we will explain what immutable X is, how it works, and why it is important for the future of the blockchain industry.
What is Immutable X?
Immutable X is a Layer 2 scaling solution built on Ethereum that provides instant and gas-free transactions. It uses ZK-rollups, a type of scaling solution that bundles many transactions into a single batch, to minimize the number of transactions that need to be processed on the Ethereum network. This results in faster and cheaper transactions, making it more accessible to users.
How does Immutable X work?
Immutable X uses a combination of ZK-rollups and an off-chain matching engine to provide instant and gas-free transactions. When a user wants to make a transaction on the Immutable X network, they send their transaction to the off-chain matching engine. The matching engine then verifies the transaction and bundles it with other transactions into a single batch. This batch is then submitted to the Ethereum network as a single transaction, which reduces the overall transaction fees.
Once the batch is submitted to the Ethereum network, it is processed by the ZK-rollup technology, which allows multiple transactions to be processed in a single transaction. The ZK-rollup technology uses zero-knowledge proofs to ensure the validity of the transactions, making it secure and trustworthy.
Why is Immutable X important for the future of the blockchain industry?
Scalability and transaction costs are two of the biggest challenges facing the blockchain industry today. As more users join the blockchain network, the transaction fees increase, making it difficult for small-scale users to use the network. Immutable X solves this problem by providing a scalable and cost-effective solution for users.
In addition, Immutable X is also important for the future of NFTs (non-fungible tokens). NFTs have gained popularity in recent years, and many NFT marketplaces are built on Ethereum. However, the high gas fees associated with Ethereum make it difficult for small-scale NFT transactions. Immutable X provides a solution for this problem, making it easier for users to buy and sell NFTs.
Biggest Games on IMX?
Some of the best games in web3 are run on the IMX network, lets look at some of them.
BLOCKLORDS is a free-to-play, play-to-own MMO grand strategy game on the Immutable X network, is developed by Meta. It is set in a medieval metaverse, where players have free reign to do as they please, and create their own future. The game incorporates the best parts of the biggest strategy games of our age, to create a unique, never before seen experience!
Check out some BLOCKLORDS gameplay!
Illuvium is a decentralized gaming studio that merges online gaming with cryptocurrency. They create uniquely functional, evolving, and high production-value NFTs that are playable in a universe of play-to-earn gaming titles.
Illuvium is a collectible NFT RPG game and auto-battler rolled into one. An open-world RPG experience in the overworld, where you mine, harvest, discover, capture, and fight over 100+ “Illuvials”, deadly beasts who rule this alien world—each possessing hybrid synergies and unique abilities.
Train and fuse your Illuvials into powerful evolutions to upgrade their power and value for you to build the perfect Illuvial team to conquer 7 dazzling alien landscapes.
With a role-playing concept, everyone in Illuvium is role-playing as a survivor exploring an unknown alien land. Before entering the Illuvium planet, users would create a new role-played avatar of themselves and customize it to their pleasure. As part of the daily challenge, players must embark on quests to acquire in-game items and vicious creatures known as Illuvials. In fact, all in-game collectables will be considered NFT assets in players’ digital wallets with real value.
Gods Unchained – a captivating and engaging trading card game that allows players to participate in thrilling duels with fantasy cards. This game has been created to revolutionize the way we play games, utilizing the Ethereum technology to provide true digital ownership to its players. It also allows players to earn valuable items that hold significance in the game.
Gods Unchained is a tactical NFT card game that operates on the Ethereum blockchain, granting players complete control over their in-game assets. It is one of the most sought-after blockchain-based play-to-earn (P2E) card games, allowing users to purchase, collect, and play with nonfungible tokens (NFTs) that represent digital cards.
What sets Gods Unchained apart is its early adoption of blockchain technology, similar to other successful games like Axie Infinity and Splinterlands. The developers of Gods Unchained aimed to change the traditional ownership model for card game players, who would lose their library of cards with each new game rotation. In Gods Unchained, players can fully own their digital assets, providing them with the freedom to trade, sell, and utilize their cards within or beyond the game, integrating them with other titles that accept NFTs.
Players can choose from four different modes to play with once they have a complete deck. These modes include the Tutorial mode, which takes players on a journey to learn the basics and advanced mechanics of Gods Unchained, before diving into the ranked system. Solo mode allows players to play against AI-controlled opponents, while Direct Challenge mode allows them to play with friends. Lastly, Ranked mode allows players to compete against other users, testing their skills and strategies against the best.
In conclusion, Immutable X is a Layer 2 scaling solution built on Ethereum that provides instant and gas-free transactions. It uses a combination of ZK-rollups and an off-chain matching engine to minimize the number of transactions that need to be processed on the Ethereum network. Immutable X is important for the future of the blockchain industry because it provides a scalable and cost-effective solution for users. It is also important for the future of NFTs because it provides a solution for the high gas fees associated with Ethereum. With its innovative technology, Immutable X is poised to become a major player in the blockchain industry.