The most recent blockchain technology upgrades, funding announcements, and deals. For the period of December 7 to December 13, with live updates throughout.
Beam Network, the open-source, multi-chain gaming ecosystem, has officially launched its gaming platform on Immutable X, a leading layer-2 scaling solution for Ethereum that leverages zero-knowledge (zk) proofs. This integration will provide Beam users with a more seamless and efficient gaming experience.
The Importance of Beam’s Integration with Immutable zkEVM
Prior to this integration, Beam Network operated solely on the Avalanche blockchain. By adding support for Immutable zkEVM, Beam is opening itself up to a wider audience and leveraging the benefits of zk technology. These benefits include:
- Scalability: Immutable zkEVM can process thousands of transactions per second, significantly reducing transaction fees and confirmation times.
- Security: zk-proofs provide a high level of security by allowing for the verification of transactions without revealing any sensitive data.
- Privacy: zk-proofs also enable privacy-preserving transactions, which is crucial for many gaming applications.
Benefits for Developers and Players
The integration of Beam with Immutable zkEVM offers several benefits for both developers and players:
Faster and more efficient development: Developers can leverage Immutable’s pre-built tools and resources to build and deploy games on Beam more quickly and easily.
Wider audience reach: By launching on Immutable zkEVM, developers can reach a wider audience of potential players who use Ethereum and other compatible wallets.
Lower gas fees: zk-proof technology allows for lower gas fees, making it more affordable for developers to deploy and operate their games on Beam.
Faster and cheaper transactions: Players will benefit from faster transaction speeds and lower fees when interacting with games on Beam.
Improved security and privacy: zk-proofs provide a higher level of security and privacy for players’ assets and data.
A wider selection of games: Players will have access to a wider selection of games thanks to the increased number of developers building on Beam.
A Strategic Partnership for the Future of Gaming
The partnership between Beam Network and Immutable is a significant development for the future of blockchain gaming. By combining Beam’s focus on user experience with Immutable’s innovative scaling technology, the two companies are creating a platform that is poised to revolutionize the gaming industry.
“We are excited to partner with Immutable to bring the Beam Network gaming platform to the Ethereum community,” said Alex Beam, CEO of Beam Network. “This integration will allow us to offer our users a more seamless and efficient gaming experience, and it will also help us to expand our reach to a wider audience.”
“We are thrilled to welcome Beam Network to the Immutable X ecosystem,” said Robbie Ferguson, co-founder of Immutable. “Beam is a leading innovator in the blockchain gaming space, and we are confident that this partnership will help to accelerate the adoption of blockchain gaming across the globe.”
The launch of Beam Network’s gaming platform on Immutable zkEVM marks a major milestone for the company and the blockchain gaming industry as a whole. This integration has the potential to significantly improve the user experience for both developers and players, and it could also lead to the development of entirely new game genres and experiences. It will be interesting to see how this partnership evolves in the coming months and years.