Xaya (CHI) Price

Xaya is a cutting-edge platform that aims to revolutionize the way we create, play and interact with decentralized games and dapps (decentralized applications). It is a language and blockchain agnostic platform that offers a secure, trustless, and serverless environment for gaming and dapp creation. The Xaya platform utilizes the native currency, CHI, to power its operations and games.

Xaya’s innovative approach solves the persistent scalability issues that many blockchain systems face. It uses the blockchain as a base data store for cryptographic security and then decouples state computation from the blockchain by utilizing Game State Processors (GSPs). GSPs function similarly to smart contracts on Ethereum, but since computation is decoupled, they can be arbitrarily complex.

One of the unique selling points of Xaya is its Game Channel technology, which enables real-time Massively Multiplayer Online games (MMOs) and dapps with complex computational requirements. This technology allows an unlimited number of channels to run in parallel and each channel can have an unlimited number of moves (transactions) without incurring any fees except for the opening and closing of the channel. This not only enhances scalability, but it also reduces blockchain bloat.