Alien Chain, the L2 blockchain, find out more about its objectives and features, as well as direct access to its official website.
Alien Chain is an L2 blockchain built by gamers with the ideology to push for gamification and metaverse aspects. Discover the project currently dominating blockchain news.
Alien Chain, objectives and features:
Alien Chain is a Layer 2 (L2) network. They are a vital component of the blockchain ecosystem, offering innovative solutions to scalability and transaction throughput challenges faced by traditional Layer 1 blockchains like Bitcoin and Ethereum.
These networks serve as secondary protocols built atop the main blockchain, enabling faster and more efficient processing of transactions. By offloading some computational burden from the main chain, L2 networks achieve significantly higher transaction speeds and lower fees, making them ideal for high-frequency and low-value transactions.
Some popular implementations of L2 networks include state channels, sidechains, and plasma chains.
These technologies not only enhance the overall performance of blockchain systems but also facilitate seamless interoperability between different blockchain platforms, fostering a more interconnected and robust decentralized ecosystem. As the blockchain space continues to evolve, L2 networks are poised to play a pivotal role in driving mass adoption and revolutionizing the way we conduct transactions in a decentralized and secure manner.
With almost fee-free transactions, Alien Chain, is a ground breaking blockchain platform, that is revolutionizing the way decentralized applications are developed. As one of the most affordable and accessible block chain networks available, Alien Chain allows users to complete transactions for as little as 0.0000001 $ALIEN, giving it one of the lowest transaction costs in the industry.
At the heart of Alien Chain’s innovation lies the Ethereum Virtual Machine (EVM). This interoperability enables the development of a wide range of decentralized apps, including Non-Fungible Tokens (NFTs) and ERC-20 tokens, making it simple for developers to deploy Solidity code. By utilizing the EVM, this ecosystem enables developers and enthusiasts to access a well-known and established ecosystem, fostering seamless connection with current Ethereum-based projects.
The reason behind adopting a multi-token economy instead of a single-token economy is to provide game developers the freedom to create their ecosystems as they desire.
As Alien Chain expands into a gaming chain, it needs to be ready to support various genres of games within its ecosystem. Some Verses are open for games and Dapps of diverse genres to be deployed, while others might restrict content to maintain a unique worldview. The diverse content and business models of these games demand flexibility for developers in the token design.
In a single-token economy, the total number of tokens issued and their allocation is fixed from the beginning, making it challenging for games to allocate tokens as they join the Alien Chain ecosystem one after the other. Additionally, tokens on $Alien, games, and Dapps are linked to the entire Alien Chain ecosystem, leading to increased complexity in utility.
The native token of Alien Chain is the $ALIEN token, which holds the highest status in the entire ecosystem. It is issued on the Alien Chain public chain to optimize Alien Chain Tokenomics, with an initial total supply of 10 million tokens. ALIEN token holders will determine the additional supply of staking rewards through decentralized governance.
This project was born to revolutionize the Web3 gaming experience with $ALIEN to take over!
Using space technology, this ecosystem outperforms all other channels in terms of speed and efficiency.
You can make almost gas-free transactions, for very small amounts. The platform supports EVM, enabling you to deploy Solidity code for NFT and ERC-20.