According to its website, blockchain creator MagnaChain is “changing the rules of the game.” And with a reported partnering with the popular video game Fortnite, could it be about to change the rules of the biggest game in the world? Could we be playing Fortnite on the blockchain soon?
Fortnite on the Blockchain
The most important aspect to understand here is that MagnaChain has created a blockchain system specifically for video games. It can do this because the company claims its network is capable of handling up to 100,000 transactions per second.
So if Epic Games, the publishers of Fortnite, are cozying up with this blockchain creator, the fair assumption is that Fortnite may become a decentralized blockchain-based game.
If this were the case, the benefits for the massive gaming community that play it would be huge.
“We plan on MagnaChain changing the face of a host of industries and business sectors. The video game industry is the first application of MagnaChain […] We believe the gaming sector can be one of the few industries to bring Blockchain technology to the masses.”
Transactions on the Blockchain
The Magnachain blockchain is a “completely new, built from scratch, public Blockchain and related integration toolset used for distributed application (dApp) development.”
Because it is “powered by a truly decentralized consensus protocol,” this blockchain has “theoretically limitless network scaling potential.”
In a recent testnet, it handled over 13,000 transactions per second. To compare that, “because of a hard-coded limit on computation per block,” Ethereum can only handle an approximate 15 transactions per second.
Scalability Limits Gaming
Scalability is one of the biggest issues faced by blockchain networks such as Ethereum and Bitcoin. It is an issue that causes delays and, as such, greatly limits them for use in large-scale blockchain games. The massive numbers expected in a day’s playing of Fortnite would simply cause these networks to slow to unusable levels.
But MagnaChain has built its network exactly for large-scale blockchain-based games. So can it put Fortnite on the blockchain? We will have to wait and see.
Epic Games already makes significant revenue from sales of digital assets in the game; a blockchain integration would likely see this increase further.
If putting Fortnite on the blockchain works, it will pave the way for a new caliber of blockchain gaming.
Featured Image: Depositphotos/© JJFarquitectos
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