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Offchain Labs is building Xai as a new technology to scale blockchain transactions, and later this year it plans to launch a gaming-focused Layer 3 solution for game companies.
Under the direction of the Xai Foundation, Xai will be developed with support and servicing from Offchain Labs to directly address the needs of web3 games.
It uses the permission Orbit chain dubbed Arbitrum Nitro. While deploying Arbitrum Orbit chains is permissionless, Xai is unique as the first Orbit chain to be collaborating directly with Offchain Labs, on infrastructure, marketing and product support.
Over time, Xai will include features such as increased contract sizes, support, account abstraction, and other features that are attractive for gaming developers. Xai aims to become a “decentralized gaming console” and publishing partner for game developers interested in web3 gaming.
The Xai blockchain is powered by the Arbitrum Nitro technology stack, a state-of-the-art blockchain scaling solution. More specifically, the Xai blockchain uses AnyTrust technology, which supports high transaction volumes at ultra-low costs, and provides strong security guarantees.
These properties are important for games where in-game assets can be traded at high volumes, and where users want to store those assets securely. Additionally, since Xai is built on Arbitrum, users will be able to easily use their in-game assets across applications in the Arbitrum and Ethereum ecosystem, giving them freedom to experiment in a way that’s only possible on the blockchain.
“We are excited to announce that Offchain Labs will be working with the Xai Foundation and
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