Enjin, a leading nonfungible token (NFT) platform, has recently made headlines with its announcement of transitioning to a new mainnet known as Enjin Blockchain. This pivotal move aims to drive the widespread adoption of Web3 technologies. As part of this transition, Enjin’s Polkadot parachain, Efinity, has been forked to integrate seamlessly with the new blockchain.
Why Polkadot?
Enjin’s team, in their announcement sent to Cointelegraph, shed light on the rationale behind their choice of Polkadot as the foundation for Enjin Blockchain. They emphasized that Enjin Blockchain would set itself apart from other blockchain solutions that heavily rely on smart contracts. In a departure from this norm, Enjin Blockchain will directly integrate crucial functions like NFT creation and transfer into its foundational code. This strategic decision ensures a more efficient and streamlined process for users, eliminating the complexities associated with relying solely on smart contracts.
Related: How to Stake Polkadot (DOT) and Earn Passive Income
Innovative Features Unveiled
Enjin Blockchain doesn’t stop at revolutionizing the integration of NFT functionality. It also introduces a range of exciting features designed to enhance the overall user experience. One such feature is the introduction of “Fuel Tanks.” This functionality allows developers to subsidize user transaction fees, making transactions more cost-effective and accessible for all participants. By alleviating the financial burden on users, Enjin aims to create an inclusive ecosystem that fosters growth and widespread participation.
Additionally, Enjin Blockchain introduces “Discrete Accounts,” an innovative solution that enables users to interact with projects on the blockchain without the need to download specific wallet software. This enhancement eliminates a significant entry barrier and promotes a more user-friendly and seamless experience for individuals eager to engage with NFTs and blockchain technology.
Conclusion
Enjin’s strategic decision to choose Polkadot as the foundation for Enjin Blockchain highlights the platform’s commitment to innovation and user-centric design. By integrating NFT functionality directly into the blockchain’s code, Enjin addresses the limitations of smart contracts and offers a more efficient and user-friendly experience. The introduction of features like Fuel Tanks and Discrete Accounts further emphasizes Enjin’s dedication to creating an accessible and inclusive ecosystem. The successful forking of Efinity to the new mainnet, now known as Efinity Matrixchain, demonstrates Enjin’s commitment to providing a seamless transition for its existing user base while ensuring ongoing support and growth.
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