What Are Xaya and CHI?

Xaya is a language and blockchain agnostic platform for creating fully decentralized, permissionless, trustless, and serverless games and dapps. CHI is the native currency of the Xaya blockchain. 

Xaya solves scalability issues for blockchains for both performance and computational complexity for games/dapps. 

Xaya is a custom blockchain code-forked from Bitcoin and Namecoin. It uses the blockchain as a base data store similar to as is done in Namecoin. Using this base data, it ensures cryptographic security for games/dapps. 

Xaya’s Game Channel technology enables numerous computationally highly complex, real-time Massively Multiplayer Online games (MMOs) and dapps. 


How Does Xaya (CHI) Work? 

Xaya uses the blockchain as a base data store for cryptographic security but decouples state computation away from the blockchain using Game State Processors (GSPs). 

GSPs are similar to smart contracts on Ethereum. However, since computation is decoupled, they can be arbitrarily complex.

GSPs that implement Xaya Game Channels can provide real-time trustless gameplay without bloating the core blockchain. An unlimited number of channels can run in parallel and each channel can have an unlimited amount of moves (transactions) between them without costing any fees, except those for opening and closing the channel. 

Due to Xaya’s blockchain agnostic approach, GSPs can be developed and run on other platforms such as Ethereum, side chains, and others, and make use of their consensus mechanisms as well. Wrapped CHI can be used as the currency in those games.


Can You Mine CHI?

CHI can be mined using SHA-256d or a Neoscrypt variant with 25% of block rewards going to SHA-256d miners and 75% of block rewards going to Neoscrypt miners. This provides a balance of high security through SHA-256d and broad distribution through Neoscrypt. 

Xaya SHA-256d is merge mined with Bitcoin (or any other SHA-256d coin) and has a significant percentage of Bitcoin’s hashing power. 

Xaya’s Neoscrypt is mined with GPUs either solo or in pools. 


What Is a CHI Burn?

Burning coins is when they are sent to a provably unspendable output. An example of this is in Xaya’s Taurion game where the in-game currency (cubits) can only be purchased through burning CHI.


Who Are the Founders of Xaya?

The Xaya founders are Andrew Colosimo, Daniel Kraft, Konstantin Gorskov, Sebastian de Gruiter, and Ryan Smyth. 

Colosimo was a major contributor to Namecoin development in 2013. He is also the creator of the world’s first blockchain game, Huntercoin.

Kraft is a mathematician and former engineer at Google. He is the primary blockchain developer for Namecoin and Xaya. He also regularly contributes to the Bitcoin Core code on GitHub. 


What Makes Xaya Unique? 

Scalability is a main concern for most blockchain systems.  This is amplified if complex computations and storage are required, e.g. when building complicated on-chain logic in smart-contract systems like Ethereum.

To solve scalability, Xaya implements a two-thronged approach:  The basic design with game-state processors separated from the core blockchain allows to "shard off" computations for individual applications from the core network, similar to how rollups work on Ethereum (except by design much simpler and cleaner).

For even greater boosts in scalability and reducing the cost of data availability on chain, Xaya also implements Game Channels, a peer reviewed technology that allows for unlimited transactions per second while reducing blockchain bloat.

Xaya is unique in that it enables fully decentralized, trustless, permissionless, and serverless games/daps in a programming language and blockchain agnostic manner. Assets on other blockchains can easily be incorporated into a Xaya GSP. 

The Xaya team pioneered the world’s first blockchain game in 2013, Huntercoin, and have extended the concept into a full platform where games take on true blockchain characteristics:

- Decentralized
- Permissionless
- Trustless
- Serverless
- Transparent
- Irreversible and immutable
- Secure
- Anonymous/pseudo-anonymous
- Limited and scarce
- Provably fair
- Fraud-proof and uncheatable


How Is the Xaya CHI Network Secured?

Xaya uses a triple-purpose mining technique that uses merge mined SHA-256d and a variant of Neoscrypt with 25% of block rewards going to SHA-256d miners and 75% of block rewards going to Xaya Neoscrypt miners.

Merged mining SHA-256d allows Bitcoin (and other SHA-256d miners) to mine CHI essentially for free. The massive hashing work done there makes CHI highly secure.  If an attacker were to obtain 100% of the Neoscrypt hashing power, he would still not be able to out-do the work performed by SHA-256d miners. 

Stand-alone mining with Neoscrypt facilitates broader distribution of CHI coins to the community. 

Xaya’s dual algorithm mining increases its resilience against stalling. 


Xaya

Trust Wallet

MetaMask

Binance Chain Wallet

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Pepe

Linker Coin

PureFi Protocol

Forj (Bondly)

Tamadoge

Mysterium

STFX

Exeedme

Penpie

Pullix

Unagi Token

lmeow

1ex Trading Board

Musk Dao

GameCredits

BOSagora

RFOX

Abyss

Aavegotchi (GHST) is the governance token of the Aavegotchi NFT Gaming protocol. GHST token holders receive voting power in the AavegotchiDAO, which oversees all aspects of the protocol, Aavegotchi’s flagship game the Gotchiverse, and Aavegotchi NFTs.

Aavegotchis themselves are pixelated ghosts backed by the ERC-721 token standard. The Aavegotchi NFTs have dynamic metadata that changes over time through user interaction.

An Aavegotchi’s value and rarity is determined by its collateral stake, traits and wearables.

Collateral stake is based on the innovative ERC721 Aavegotchi NFT that manages an escrow contract holding Aave-backed ERC20 collateral or "aToken," which generates yield via Aave's LendingPool. Traits are based on random traits upon birth, kinship and experience (XP).

The protocol is called Aavegotchi as a nod to Aave, which translates to “ghost” in Finnish, and is powered by the Aave protocol, one of the leading lending protocol in DeFi. The token ticker also cleverly spells out “ghost,” minus the vowel.

Aavegotchi

Splinterlands is a digital, collectible card game based on blockchain technology and inspired by games like Magic the Gathering and Hearthstone, where players build a collection of cards with different attributes and battle other players in skills-based matches. It is a game where players can buy, sell and trade their digital assets just as they would with physical trading cards games such as Magic the Gathering, Pokémon and Yu-Gi-Oh!

Splinterlands was created as players lost the ability to truly own their assets (or trading cards) once games went digital. With blockchain technology, it allows players to own and trade their digital assets freely once again. It also allows the game to have true scarcity and transparency, which means all cards on Splinterlands have a verifiable supply and historical record.

Players battle other players by choosing ranked or practice battles. With ranked battles, players can increase their rating. There is no downside to playing ranked battles as a beginner since players with a rating below 100 do not lose ranking points. Battles take place between players of similar strength. When matched up with an opponent, both players choose a set of six monster cards and one summoner card for the battle to destroy all their opponent’s monster cards and win the battle.

Although the game is free-to-play, players need to purchase the summoner’s spellbook for $10 if they want to unlock the game in full. With the summoner’s spellbook, players get access to their account keys and unlock the ability to earn Dark Energy Crystals, which can be redeemed for real currency.

Splinterlands started in May 2018 and launched Splintershards (SPS) – its governance token for the SPS decentralized autonomous organization (DAO) at the end of July 2021. It concluded a $3.6M private token sale for 6.6% of the SPS token supply. After reaching 100,000 players in its first three years, it added another 50,000 in just over a month from June 2021. Splinterland plans to build out its game in the latter half of 2021, with oracle integration planned for Q1 2022.

Splintershards

Efinity is a cross-chain NFT platform developed by Enjin and built on Polkadot. Efinity was created as the next generation blockchain for digital assets with the aim of adapting to the challenges of the world of non-fungible tokens (NFTs), according to the project.

The main specialization of the Efinity project is the NFT space. With the protocol, traders and gamers can create, distribute, transfer, sell and buy NFTs. Efinity aims to remove barriers to entry into the NFT space/decentralized gaming, and to simplify user experience and digital asset governance.

Efinity Token powers the entire Efinity ecosystem, EFI aims to prioritize the generation, transfer and purchase of tokens using an inter-chain infrastructure of protocols resulting in lower transaction fees. As for incentives, rewards on PoW blockchains with NFT functionality go to miners who create/trade tokens, thereby forming a community.

One of the long-term goals of Efinity is to become a hub for both fungible and non-fungible tokens, accepting tokens from any other chain, facilitating the pricing and exchange of NFTs, increasing transaction volume, and creating network effects.

In December 2021, the project won the Polkadot parachain auction, and in March 2022, Enjin launched their flagship parachain Efinity on the Polkadot Relay Chain — a blockchain platform that provides a decentralized parachain network where people havecontrol over their data and identity.

Efinity Token

Dvision Network

QuadrantProtocol

Aurory is a next-generation studio building a universe of interoperable web3 games. Two original IP’s were born from this universe, which are actively shaping the future of the Aurory player experience.

The first of these two IP’s are Aurorians. A collection of 10,000 anime style NFT characters that double as both a PFP, as well as a playable avatar with various in-game perks.

The second are Nefties. These magical creatures have been designed as non-fungible tokens NFTs with a unique set of stats that influence their performance in-game. They serve as companions on each player’s journey, and can be hatched, traded, collected, and used in battles.

Aurory currently hosts two playable games (both in alpha) which continue to evolve in a live-ops development format:

Seekers of Tokane: A JRPG, where players embark on a dangerous rogue-like adventure through the world of Tokane, collecting and battling fierce Nefties in epic turn-based combat.

Aurory Tactics: A PvP timeline-based battling game where players must learn how to best use their Neftie creature's abilities, competing against opponents to rise to the top of the leaderboard for rewards and glory.

The project proudly boasts one of the most experienced executive and development suites in blockchain gaming, with dozens of talents from established gaming studios, such as Ubisoft, Electronic Arts, Rovio, Warner Bros, and more.

Aurory

Chromia is a modular, relational blockchain platform that aims to make it easy for people to build decentralized applications (DApps). It was founded by ChromaWay, a company that has been working on blockchain solutions since 2014 for various sectors such as finance, real estate, gaming and public services. ChromaWay is also known for creating colored coins, which are user-defined assets on a blockchain that can represent anything from currencies to stocks to collectibles.

Chromia’s vision is to enable a new generation of DApps that can scale beyond what is currently possible and address real-world problems in various domains such as gaming, social media, finance, healthcare, education, governance, and more.

Some examples of DApps on Chromia include: My Neighbor Alice (ALICE), a multiplayer blockchain game; LAC PropertyChain, a land registry system; Green Assets Wallet, a platform for green bond verification; Hedget (HGET),  a decentralized options protocol; Corite (CO), a music streaming service; Chain of Alliance (COA), a strategy game; Vault12, a digital asset custody solution; Domenation, a blockchain gaming project.

Chromia

WAX (WAXP) is a purpose-built blockchain, released in 2017, that is designed to make e-commerce transactions faster, simpler and safer for every party involved. The WAX blockchain uses delegated proof-of-stake (DPoS) as its consensus mechanism. It is fully compatible with EOS.

The custom features and the incentive mechanisms developed by WAX are intended to optimize the blockchain’s utility specifically for use in e-commerce, with the goal of encouraging voting on proposals.

To make this possible, WAX created a suite of blockchain-based tools which decentralized application (DApp) marketplaces and non-fungible tokens can be built upon.

Services such as WAX Cloud Wallet, SSO and OAUTH support e-commerce operations, the latter being a native RNG service and a developer portal. WAX’s blockchain architecture supports 500-millisecond block time and zero-fee transactions for customers. It also makes use of voting rewards to incentivize participation in the selection of block producers and improvement proposals.

Wilder World

Alien Worlds (TLM) is a decentralized, non-fungible token (NFT) metaverse, where players compete for scarce resources, Trilium (TLM), in a stimulated economy centered around planetary worlds. Due to this, Alien Worlds also has a decentralized finance (DeFi) element to the game, as players advance by staking TLM and using TLM to vote in Planet Decentralized Autonomous Organizations (DAOs).

Play-to-earn (P2E) NFT games have seen an exponential rise in popularity and value this year. Alien Worlds allow the players, called “explorers” to earn monetary rewards through gameplay or participation in Planet DAOs. By mining in Alien Worlds, a user is rewarded with the native, in-game currency — Trilium (TLM) or NFT packs. Players can stake TLM to boost their rewards or battle with other users for NFTs.

To date, Alien Worlds has established a fair amount of its roadmap, having TLM on Binance launchpad and farming period of TLM on Binance Launchpool. A large portion of game developments have been forged as well. Moving forward, Alien Worlds aims to automate the claiming process of daily allocation to landowners in the game. Artifacts NFTs are soon to be released, and future plans include NFT interoperability.

Alien Worlds

StaFi

NEST Protocol

George Connolly is the founder and CEO of OneLedger and a Forbes top 100 executive member and specializes in Systems Integration. George has worked as Private sector System Integration Technology Leader 15+yrs, PwC Technology Leader; Commonwealth Business Council - Government National Strategic Plan Consultant, Global ECM/Digital Transformation Leader.

George has established deep relationships with decision-makers across the Caribbean, and Central America can thrive in closing business and creating opportunities throughout the value chain.

He is known for innovative solution sales, marketing, advertising, and promotional strategies that focus on a point and deliver the desired results.

OneLedger

Everscale (EVER) is a fast and secure layer-one blockchain that aims to become a decentralized platform for high-performance applications with real-world relevance, such as Stablecoins, CBDCs, DEXes, Bridges, Gaming Platforms and more.

Everscale

Ultra is a publishing platform and ecosystem for video games and video game content. Ultra’s mission is to do away with the current monopoly held by publishing platforms like Steam and provide new opportunities to game developers, players, and influencers. Ultra promises a solution that is more equitable to players and developers alike. Players can benefit from immediately playable games, earn UOS by using the platform, and access platform-exclusive games. At the same time, developers benefit from access to more effective marketing tools and the potential for 20% higher sales revenue.

Besides content and game publishing, Ultra offers a demand-side and service-side platform for advertisers, the opportunity for players to resell their used games, and a platform-exclusive app.

Ultra

Function X is mirroring traditional financial products on the Function X network and creating decentralized financial products and a decentralized trading system. It is a highly customizable and expandable multi-chain architecture blockchain network (subnets) that can meet different business needs.