Ethereum is the second-largest asset in the crypto sector and the most popular after Bitcoin. The asset’s popularity stems from several factors, including the network’s flexibility, allowing developers to easily create and launch blockchain projects. Ethereum is also an excellent crypto investment option for people looking to profit off the sector’s speculative nature, as it has gained nearly 89% since January of this year. In addition, Ethereum is the underlying network that powers most of today’s decentralized finance (DeFi) industry.

Despite Ethereum’s success in gaming, the crypto sector is not a monopoly. There are several Ethereum alternatives that are also suitable for online gaming as they are cost-effective and offer the scalability required to handle a teeming gaming community. In addition to a few options listed on Business2Community, the following are 5 of the best Ethereum alternatives for online gaming:

Binance Smart Chain (BNB)

Developed by the world’s largest crypto exchange, Binance, BNB is a blockchain designed to process transactions at high speed and peak efficiency. The network has a high throughput, which is handy for online gaming apps that require rapid interactions and continuous processing over extended periods. BNB is also a great alternative for Ethereum because of its low transaction fees, making it a good platform for the high volume of microtransactions required during gameplay.

Cardano (ADA)

Cardano is the eighth-largest asset by market cap. Although it started developing its smart contract in 2015, the same year Ethereum launched, the Cardano blockchain did not go live until 2017. Cardano has innovative smart contract abilities that can easily cater to gaming complexities, allowing developers to create diverse and interactive experiences for players. It is also a network committed to scalability and safety, offering the capacity to handle heavy gaming traffic without compromising security. Furthermore, the Cardano blockchain emphasizes security, which could be channeled into better protecting in-game assets and reducing the chance of theft or fraud.

Solana (SOL)

Solana is a high-performance blockchain built as an Ethereum alternative for high scalability. It has better speed than Ethereum as it can process up to 50,000 transactions per second (TPS), a speed well out of Ethereum’s range. The blockchain uses the Proof of History (PoH) mechanism, a unique consensus mechanism that helps to achieve a high throughput through the cryptographic Verifiable Delay Function (VDF), which creates a timestamp for every block on the network.

Like BNB, Solana’s architecture allows the network to process transactions at really low charges. This way, games can handle multiple simultaneous transactions from players without any delay in processing.

Polkadot (DOT)

Polkadot is an excellent alternative to Ethereum as it is a multi-chain network. The network is designed to support multiple blockchains, connecting and coordinating actions across independent chains. Polkadot has a main chain known as the Relay Chain, which is responsible for coordinating all connected blockchains. The ecosystem also has Parachains, each one a separate blockchain connected to the Relay Chain. Since these standalone blockchains may have their own governance structures, tokens, and consensus mechanisms, Polkadot fosters collaboration within the gaming ecosystem, allowing multiple chains to pool their resources and benefit from their individual strong points.

In addition, Polkadot offers a shared security model where multiple Parachains can tap into the Relay Chain’s security, ensuring that gamers can enjoy their favorite titles in a safe and secure environment. Furthermore, Polkadot’s interoperability allows it to easily integrate dApps across multiple blockchains.

Avalanche (AVAX)

Avalanche’s developers created the blockchain to fix specific limitations common in traditional blockchains, including scalability, interoperability, and customization. While many blockchains offer impressive levels of throughput and cost-effectiveness, allowance for customization is usually lacking. This limits the blockchain’s ability to cater to specific gaming needs as desired by developers. The Avalanche chain solves this problem by supporting the creation of custom blockchains that developers can easily optimize for specific use.

Avalanche’s speed ensures that all in-game transactions are quickly processed and confirmed, providing players with a seamless gaming experience. Furthermore, Avalanche has features that support interoperability, which allows the easy transfer of assets between blockchains. As blockchain gaming evolves, Avalanche’s basic infrastructure, which underscores innovation, responsiveness, and adaptability for diverse experiences across different titles, can adapt to specific needs and requirements in the online gaming world.

_{Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.}