My Dive into the World of Peerplays - The Future of Online Gaming

View this thread on: d.buzz | hive.blog | peakd.com | ecency.com
·@robertdurst10·
0.000 HBD
My Dive into the World of Peerplays - The Future of Online Gaming
<center><h1>My Dive into the World of Peerplays</h1></center>
<center>https://cdn-images-1.medium.com/max/781/1*afyR6BYWWteKEfI0ckOXQw.png</center>
This afternoon I read the Peerplays whitepaper and began learning about this up and coming decentralized, provably fair gaming platform. WOW! Thanks @matt-a for recommending I check this out! Below is a quick summary of what I learned.
<h2>Overview</h2>
The online gambling world has gone crazy and people are getting screwed by **CENTRALIZED** exchanges via:
* Accounts gone missing
* Unfair odds
* Websites shutting down (for legal or mysterious reasons)

Peerplays is a provably fair gaming/gambling platform built on the **BEST DECENTRALIZED** technology availible... the Graphene blockchain. Peerplays is:
* Easily auditable
* Built on Graphene allowing for 100,000 transactions per second (only a little faster than Bitcoin... JK WAY faster!!!!)
* Fair (code is open source so ask your resident nerd and he'll make sure you aren't being cheated)

<h2> How it Works</h2>
Peerplays gaming platform is an incredibly simple concept:
* Person A opens an "order" to play Game A (via initializing a smart contract)
* Person B opens an "order" to play Game A (via initializing a smart contract)
* Person A is matched with Person B
* Person A and Person B play Game A (rules are defined by the smart contracts)
* Person A wins and funds are distributed via rules of the smart contract.

<h2> Fee Allocation: HOW COOL!</h2>
Arguable one of the coolest parts of the platform is how the fee's are allocated. The small fee's that are subtracted from every transaction (minimal compared to Bitcoin) are split three ways:
1) To Peerplays Core Token Holders 
2) Maintenance 
3) A MEGA-JACKPOT!!!!

IMHO a smart way to allocate the TX fee's... they aren't just going into some rich bastards back-pocket.

<h2> Where is Peerplays at Today?</h2>
Just last month the blockchain launched. The first game is scheduled to launch in August of this year!

<h2> What can YOU do now?</h2>
1) Send me some PPY because I don't know where to obtain these tokens :)
2) Vote for your favorite witnesses. Many of your favorite Steem witnesses are also Peerplays witnesses... @good-karma, @theprophet0, @furion, just to name a few 
3) Develop games for Peerplays
4) Read the <a href="https://www.peerplays.com/docs/Peerplays_Whitepaper.pdf">Whitepaper</a>

<h2>Conclusion</h2>
I am very excited for Peerplays to take off! For those of you who joined Steemit kind of late, here is an opportunity to get ahead of the game with a fun Graphene project. If you have any thoughts, concerns, or words of wisdom, please share below. Cheers and Steem on!

Sources:
* https://www.peerplays.com/
* https://www.peerplays.com/docs/Peerplays_Whitepaper.pdf

***
<center>![SteemEngineBannerForSteemit.gif](https://steemitimages.com/DQmT9vMpSgFU1n7X4rYbbruNAJM6AYqUijpmnULLdaievSS/SteemEngineBannerForSteemit.gif)</center>
👍 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,