On April 7th, the Peerplays project revealed its Peerplays Core app, with very stylish interface that gives all PPY token holders the ability to govern the upcoming launch of the Peerplays Blockchain.
Over the last few years, the entire blockchain industry has reeled from major governance issues which have resulted in battles both within Bitcoin and Ethereum blockchains over how to manage their respective ecosystems.
Peerplays, which uses Graphene technology, gives the holders of the Peerplays (PPY) tokens the capability of directly changing parameters within the network via an advanced stake based voting system. This means the more PPY you hold, the more influence your votes carry. Through this system you can approve or disapprove of a change, which allows the network to arrive at a consensus, with all activities publicly auditable.
Also, since the PPY token is a profit sharing token, if you have PPY you are getting a share in every Bitcoin, Ethereum, Dash, or any other digital currency transaction happening in Peerplays.
What Are the TOP 3 Super Innovations in the Peerplays Core wallet?
1. Design - It’s Beautiful
The entire experience from login to gameplay is simply one of the most intuitive applications in the blockchain space. Don’t take my word for it, check it out. The layout of all the functions is quite logical and easy to understand. Written in React JS (a software coding language developed by Facebook), it operates with very little friction. The test-net version of the Peerplays core wallet is hosted on a web server, but the final release will be a downloadable desktop application.
2. DAC Blockchain Governance
Peerplays is a Decentralized Autonomous Cooperative, which means it vests all the power of governance directly in the hands of every PPY token holder. The Peerplays Core wallet provides 3 specific governance-enabling features: Proxy voting, Voting for Witness nodes, and and Voting for Advisors. These features allow PPY token holders to add or remove support to various individuals or organizations that provide the nodes that validate the blockchain, or adjust parameters to the blockchain as needed. Fine-tuning the parameters of the Peerplays blockchain is achievable thanks to its Delegated-proof-of-stake consensus mechanism.
3. Real-Time Interactive on-chain gameplay
In late 2016, Peerplays released a testnet featuring their first fully blockchain-based game. In the newest testnet, which can be seen at peerplays.com, the Rock Paper Scissors (RPS) game got a major facelift to match the rest of this beautiful app.
Rock Paper Scissors is an ancient game played for thousands of years that originated in China.
While this is not the first blockchain based-game ever, Peerplays RPS has one major difference from all others made in the past - all gameplay happens in real-time. If you have ever played any other blockchain-based game, you would have noticed that it was extremely slow.
An on-chain single elimination tournament bracket goes further to provide a framework for numerous games to be able to plug into the Peerplays blockchain to run their own tournaments.
At first glance the Rock Paper Scissors game can appear basic, however as noted, the high performance peer to peer blockchain enables real-time interactions between players from around the globe.
Peerplays aims to advance the gaming world by providing a peer to peer blockchain cooperative that allows all Peerplays holders to share in the profits of all the activities of the blockchain. Entering into the $3 trillion market of sports betting, lotto, and other games of chance, this represents a whole new business model the blockchain space has never seen.
In summary, we’ve just released the test version of an aesthetically stunning, peer to peer blockchain cooperative with unparalleled capabilities - and we’ve done so in a way with total transparency and power that is wielded by anyone holding PPY tokens. We’re excited - are you?
To preview the new core testnet online you can go to www.peerplays.com. For further information and to talk to community members you can join the Peerplays Telegram Group @Peerplays .
My name is Jonathan Baha’i, and I’m the president of the Peerplays Blockchain Standards Association, or “PBSA”.
PBSA is a non-profit organization dedicated to supporting and promoting provably-fair gaming on the Peerplays blockchain.
Reposted with permission from an opinion article written by Jonathan Baha'i at LinkedIn - https://www.linkedin.com/pulse/peerplays-reveals-blockchain-gaming-governance-win-jonathan-baha-i