The development of blockchain technology has completely changed how we think about data storage and transfer. Immutability is one of the main characteristics that gives blockchain its tremendous strength. A blockchain-based ledger of transactions creates a secure and open record of transactions since data once stored there cannot be changed or removed.

In recent times, the blockchain world has been buzzing about the collaboration between Polygon and Immutable. To bring the advantages of immutability to the gaming industry, Polygon, a leading scaling solution for Ethereum, has partnered with Immutable, the company behind the well-known trading card game Gods Unchained.

We will delve deeper into the idea of an immutable blockchain in this blog post, looking at how it functions and why it is so crucial for applications like gaming. We will also get into the details of the Polygon-Immutable cooperation, talking about how this alliance is going to revolutionise the gaming sector and more.

The Backstory—How was Immutable X founded?

The company was founded in 2018 by brothers Robbie and James Ferguson, the co-founders of the popular blockchain-based trading card game Gods Unchained. The idea for Immutable X was born from their experience building Gods Unchained and seeing the limitations of the Ethereum network in terms of scalability and high transaction fees. They wanted to create a solution allowing faster, cheaper, and more scalable transactions on the Ethereum blockchain without sacrificing security or decentralization. The result was Immutable X, a layer-2 scaling solution that utilizes zk-rollups to enable gas-free transactions and instant transaction speeds while maintaining the security and decentralization of the Ethereum mainnet. 

Immutable X has since become a leader in the DeFi space, offering a more efficient and cost-effective solution for developers and users alike.

What is Immutable X?

Immutable X is a layer-two solution protected by Ethereum that focuses on NFT minting and Web3 gaming. It is powered by StarkWare, an Ethereum scaling solution that enables Immutable X to provide gas-free NFT minting. Almost 33 million gas-free NFTs were produced in 2022, according to the official website. Moreover, Immutable X facilitated over 7 million NFT trades in 2022 and saved 2.7 billion kWh in comparison to proof-of-work methods.

Immutable X concentrates on the nascent GameFi industry. In addition to gas-free minting, it aims to win over popular gamers with its unique wallet UX that incorporates credit card payment. Immutable X provides developers with knowledgeable support, straightforward APIs, and SDKs that facilitate the quicker release of new games. Additionally, it provides a global order book that quickly propagates NFTs to each marketplace connected to the blockchain.

How does Immutable X work?

Immutable X utilizes a technology called zk-rollups, which is a type of Layer-2 scaling solution that enables faster, cheaper, and more scalable transactions on the Ethereum blockchain. Here's how Immutable X works:

1. Off-chain computation: Immutable X uses off-chain analysis to bundle multiple transactions into a single transaction. This reduces the amount of data that needs to be processed on the Ethereum blockchain, thereby reducing gas fees and increasing transaction speeds.

   
   

2. Zero gas fees: Unlike traditional Ethereum transactions, transactions on Immutable X are processed with zero gas fees. This is made possible by the use of zk-rollups, which allow for transactions to be processed off-chain and then batched into a single transaction that is submitted to the Ethereum network.

   
   

3. zk-rollups: zk-rollups are a type of Layer-2 scaling solution that enables the bundling of multiple transactions into a single transaction, which is then submitted to the Ethereum network. The zk-rollup ensures that the transaction is secure and valid without the need for each transaction to be processed on the Ethereum blockchain.

   
   

4. Decentralized: Immutable X maintains the security and decentralization of the Ethereum mainnet by relying on smart contracts to ensure the validity of transactions. This means that all transactions on Immutable X are transparent and auditable, and the network is resistant to censorship and attacks.

   
   

5. Easy integration: Immutable X is easy to integrate with existing Ethereum-based applications. Developers can use familiar Ethereum tools and languages to build on Immutable X, and there is no need for additional infrastructure or changes to existing intelligent contracts.

Immutable X offers a more efficient and cost-effective solution for developers and users of decentralized finance (DeFi) applications on the Ethereum network. By utilizing zk-rollups, Immutable X enables faster and cheaper transactions while maintaining the security and decentralization of the Ethereum blockchain.

Projects built on Immutable X

Immutable X is a Layer 2 scaling solution for Ethereum that provides fast and gas-free transactions for users. While there are several games and projects being built on Immutable X blockchain, here are some of the top ones:

1. Gods Unchained: It is a blockchain-based collectible card game built on Ethereum. It was one of the first games to be built on Immutable X and has gained a lot of popularity since its launch in 2019.

2. Guild of Guardians: It is an upcoming mobile RPG game that allows players to own and trade in-game assets. The game is being built on Immutable X to ensure fast and affordable transactions for players.

3. Aavegotchi: It is a game that combines decentralized finance (DeFi) and non-fungible tokens (NFTs). Players can earn rewards by staking Aave tokens and use them to purchase Aavegotchi NFTs. The game is built on Ethereum and uses Immutable X for its NFT transactions.

4. The Sandbox: It is a decentralized virtual world where players can buy, sell, and build their own gaming experiences. The game is being built on Immutable X to ensure fast and affordable transactions for users.

5. Star Atlas: It is a massively multiplayer online game that takes place in space. The game is being built on Immutable X to ensure fast and affordable transactions for players.

The Game changing partnership-Polygon and Immutable X

Immutable zkEVM, a new EVM-compatible zk-rollup with full Immutable platform support , is driven by Polygon technology. Immutable zkEVM enables both large game studios and independent developers to create high-quality games that support true asset ownership. It is designed to make producing web3-enabled games faster, easier, and less hazardous. Immutable zkEVM will officially launch in the upcoming months.

By joining forces, these two cutting-edge companies are revolutionizing the way we think about transactions on the Ethereum network. Polygon's innovative solutions for scaling and improving the efficiency of Ethereum, paired with Immutable X's focus on creating a high-speed, gas-free trading experience, make for an unbeatable team.

But what does this partnership actually mean for users? In short, it means faster, cheaper, and more seamless transactions. By leveraging Polygon's technology, Immutable X is able to offer instant settlement and ultra-low fees, without sacrificing security or decentralization. And with support for popular tokens like ETH and USDT, as well as a growing number of NFTs and other digital assets, the possibilities are truly endless.

So whether you're a seasoned crypto trader or just dipping your toes into the world of blockchain, there's never been a better time to get involved. With Polygon and Immutable X leading the charge, the future of decentralized finance is looking brighter than ever.

Pros and Cons of Immutable X

Immutable X is a Layer 2 scaling solution for Ethereum that aims to provide fast and low-cost transactions while maintaining the security and decentralization of the Ethereum network. Here are some pros and cons of the Immutable X blockchain:-

Pros:

1. Scalability: Immutable X provides a high level of scalability, which allows for faster transaction processing and lower gas fees. This makes it an attractive option for developers who need to process large volumes of transactions.

2. Security: Immutable X is built on top of the Ethereum blockchain, which is known for its security and decentralization. This means that Immutable X inherits the same level of security and decentralization as Ethereum.

3. Interoperability: Immutable X is designed to be interoperable with other Ethereum-based protocols, which allows for easy integration with existing Ethereum-based applications.

4. Non-custodial: Immutable X is a non-custodial solution, which means that users have complete control over their funds. This is important for users who value privacy and security.

Cons:

1. Limited token support: Currently, Immutable X only supports a limited number of ERC-20 tokens, which may limit its adoption by developers.

2. Centralized order book: Immutable X relies on a centralized order book to match trades, which could pose a risk to the security and decentralization of the network.

3. No intelligent contract support: Immutable X does not support smart contracts, which limits its functionality compared to other Ethereum-based solutions.

4. Potential for congestion: Like any blockchain, Immutable X is subject to congestion during periods of high transaction volume, which could lead to slower transaction processing times and higher gas fees.

Conclusion

In conclusion, Immutable X is a powerful and innovative layer-2 scaling solution for Ethereum that offers fast and cheap transactions while also preserving the decentralization and security of the underlying blockchain. It is based on the zk-rollup technology, which allows for off-chain computation and aggregation of multiple transactions into a single proof, minimizing the need for on-chain activity and reducing gas fees.

Immutable X has already gained significant traction in the NFT space, enabling creators and collectors to buy, sell, and trade their digital assets with ease and efficiency. Its adoption is expected to grow even further as more developers and users recognize the benefits of a scalable and sustainable Ethereum ecosystem.

As the blockchain industry continues to evolve and mature, solutions like Immutable X will play a crucial role in unlocking the full potential of decentralized applications and services. With its focus on scalability, speed, and security, Immutable X is poised to become a leading player in the blockchain space and a vital enabler of the next wave of innovation and growth.