Home » , » Enjin Coin Important Partner of Samsung, Will Coin Engine Compete with Bitcoin ...?

Enjin Coin Important Partner of Samsung, Will Coin Engine Compete with Bitcoin ...?

Written By Hanny & Melissa on Saturday, March 16, 2019 | Saturday, March 16, 2019

https://www.economicfinancialpoliticalandhealth.com/2019/03/this-wallet-recognizes-all-digital.html
This wallet recognizes all digital objects from the game played by the player and connects to the player's Ethereum address. With this Smart Wallet, a player can trade coins and digital objects outside the game environment with other players.

Another benefit of Smart Wallet is that players can exchange digital objects with Coin Engine at any time, thus forming a game ecosystem and a connected community where players can transfer their assets between platforms.

In addition to Smart Wallet, Enjin develops Efinity, channel network solutions so that the Engine can run on a larger scale effectively. Like the Lightning Network on Bitcoin, Efinity consists of a number of channels where games can handle unlimited amounts of transactions quickly and with almost zero transaction costs, a very important feature in the gaming industry full of microtransactions.

Read Now :  BEST TECHNIQUES MINING BITCOIN WITH JOINED FUNDS

Enjin Coin has a supply of 1 billion ENJ in which 760 million coins are on the market. The Enjin Team sold 80 percent of ENJ to investors during an initial coin offering and divided the remainder into their own team, advisors and incentive programs. When the player creates a digital object, the ENJ used for the process causes the supply to circulate to decrease, which can increase the ENJ value.

It's not just Enjin Coin that targets the gaming industry using blockchain. GameCredits and WAX are other projects that target the same niche market. But CMO Enables Elija Rolovic to argue that Enjin Coin is different from similar projects. Enjin Coin is the Ethereum of the gaming industry, while our competitors are simply theization of their marketplace or gaming platform ". Rolovic said

when Bitcoin is safe at the position of US $ 3,000-US $ 4,000, a number of other altcoins shot high. One of them is Enjin Coin (ENJ) which soared fivefold in the span of two weeks, from the end of February to the beginning of March. Allegedly, the increase occurred thanks to the news Enjin which ensured cooperation with the technology giant Samsung.

Other news also developed, that ENJ embedded in the Samsung Galaxy 10, but certainly on the new cellphone only supports Ether (ETH) only. Enjin Coin is a crypto made by startup Enjin, which provides a gaming platform that has more than 250 thousand gaming communities and 18.7 million registered players and handles millions of dollars of transactions every month. Enjin has also partnered with major companies in the gaming industry, including Unity, PC Gamer and NRG eSports.

In addition to crypto, the Coin Engineering project includes a series of software development kits (SDKs) that can be used by developers in their respective games and communities. The application of blockchain technology in gaming helps reduce high costs and prevent fraud related to the exchange of digital objects.

Enjin Coin is an ERC-20 token built on the Ethereum network, so it functions not only as crypto money but also as a smart contract. The biggest benefit presented by Enjin Coin for the gaming community is the ability to create and manage digital objects.

Developers on each platform can create digital money that is unique to their community, which is supported by Enjin Coin as the parent currency. Because ENJ supported, unique digital money received the benefits of blockchain regarding speed, cost and security, but still in accordance with their respective platforms.

Read NowHOW TOGETHER MINING BITCOIN IN Hashflare.io

Through Enjin Coin, a digital object in the game can be created using unique digital money, then it is offered or bought by another player who can cash the item back. Every digital asset recorded on a single list of smart contracts is recognized by all Smart Wallet Engine. The Smart Wallet Engine is a component that unites all elements in the Coin Engine system.

This wallet recognizes all digital objects from the game played by the player and connects to the player's Ethereum address. With this Smart Wallet, a player can trade coins and digital objects outside the game environment with other players.

Another benefit of Smart Wallet is that players can exchange digital objects with Coin Engine at any time, thus forming a game ecosystem and a connected community where players can transfer their assets between platforms.

In addition to Smart Wallet, Enjin develops Efinity, channel network solutions so that the Engine can run on a larger scale effectively. Like the Lightning Network on Bitcoin, Efinity consists of a number of channels where games can handle unlimited amounts of transactions quickly and with almost zero transaction costs, a very important feature in the gaming industry full of microtransactions.

Enjin Coin has a supply of 1 billion ENJ in which 760 million coins are on the market. The Enjin Team sold 80 percent of ENJ to investors during an initial coin offering and divided the remainder into their own team, advisors and incentive programs. when the player creates a digital object, the ENJ used for the process causes the supply to circulate to decrease, which can increase the ENJ value.

It's not just Enjin Coin that targets the gaming industry using blockchain. gameCredits and WAX are other projects that target the same niche market. But CMO Enables Elija Rolovic to argue that Enjin Coin is different from similar projects. Enjin Coin is the Ethereum of the gaming industry, while our competitors are simply theization of their marketplace or gaming platform ". Rolovic said

Read Now :   These Two Eobot Features Can Increase Mining Results If You Understand

Share this article :

0 Comments:

Post a Comment

Best Economic Posts :

Best Financial Posts :

Best Political Posts :

Best Health Posts :

Translate Language :

Best Random Post :

 
Support :
Copyright © 2016 Hanny & Melissa - All Rights Reserved
Template Created by Creating Website Published by Hanny & Melissa
Proudly powered by Hanny and Melissa