Splinterlands Moves to Decentralize Validator Nodes with License Offering
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The popular Play-to-Earn (P2E) classic Splinterlands has announced that they will switch over to decentralised validator nodes by the third or fourth quarter of 2022.
“The Splintershards (SPS) validator software will be 100% open source and available for anyone to download and run without any costs or restrictions.”
It is expected that the new system will have relatively minimal hardware requirements and will first run on Linux machines, with Windows and Mac versions to follow.
Additionally, Splinterlands will be offering 60,000 “licenses”, which will be NFTs (non-fungible tokens) that can be bought, sold, and traded across secondary marketplaces.
Splinterland Licenses
These new licenses will give the opportunity to all users to earn rewards, as opposed to a few of the highest-spending players.
This process, buying all the game’s rewards, is known as ‘mining’ and has created an imbalance in some P2E games.
The Splinterlands licenses, which can be bought with SPS tokens or VOUCHER tokens, will aim to redress the issue of balance in the economy and open up more opportunities for more players.
In fact, 80% of the SPS tokens used to buy the licenses and 100% of the VOUCHER tokens, will be burned with the other 20% going to the SPS foundation.
Furthermore, the 20% will eventually be used to incentivise players of the game once the SPS token cap reaches $3 billion.
CEO of Splinterlands Agroed Reich said: “This is a major step towards our goal of Splinterlands operating as a completely decentralized game that the players own and control through their SPS.”
Essentially, this move aims to increase decentralisation and security as the native SPS tokens are spread across more ‘validators’ or user accounts.
What is more, the SPS governance mechanism will incorporate the DPoS (Delegated Proof of Stake) consensus model, following in the footsteps of Binance, EOS, Hive and others.
The ‘Proof of Stake’ system, as opposed to the ‘Proof of Work’, requires less hardware and has a lower barrier of entry.
Thus, Proof of Stake is more environmentally friendly, since less energy is being consumed to prove transactions.
Splinterlands is a play-to-earn blockchain game that uses digital trading cards. These cards are NFTs with a limited supply. Each player owns NFTs cards that are utilized on the battleground. Players can earn rewards from different play-to-earn activities within the platform. To date, players have played over 2 billion games.
In fact, Splinterlands is listed as the number 1 blockchain game on DappRadar over the last 24 hrs, with over 350k users in a single day’s play.
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