Polyflip Integrates Chainlink VRF to Help Power Verifiably Random Games

Published on: 26.02.2022

Polyflip — a decentralized gaming platform — has integrated Chainlink Verifiable Random Function (VRF) on Polygon mainnet.

By integrating the industry-leading decentralized oracle network, Polyflip now has access to a tamper-proof and auditable source of randomness needed to power the novel games on their platform. Chainlink VRF helps ensure that the randomness underpinning each game is tamper-proof and verifiable.

Polyflip is a virtual, decentralized gaming platform built on Polygon, while Polyflip DAO is a group of NFT holders and community members that help govern the protocol. Polyflip DAO members are a part of all the strategic decisions taken in the next few months, ranging from choosing new games to add, issuing a platform token, and expanding to new chains. Additionally, each game has a 2% fee that is distributed as a reward to all Polyflip NFT holders.

 

In order to ensure transparency and unbiased randomness within the games, they need access to a secure random number generator (RNG) that any user could independently audit. However, RNG solutions for smart contracts require several security considerations to prevent manipulation and ensure system integrity. For instance, RNG solutions derived from blockchain data like block hashes can be exploited by miners/validators, while off-chain RNG solutions derived from off-chain APIs are opaque and don’t provide users with definitive proof about the integrity of the process

Polyflip is also planning to adopt Chainlink VRF for its expansion to Binance Smart Chain. As Polyflip develops its sports gaming solutions, it will integrate other Chainlink services like Chainlink Price Feeds and Chainlink Keepers for enhanced security, functionality, and decentralization.

 

“We are pleased to integrate Chainlink VRF as the premier randomness solution for blockchain dApps. Chainlink VRF enhances the transparency of our gaming platform, leading to an improved user experience for our community members.” — mesja, Polyflip Founder. and Business Manager

 

 

About Chainlink

Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.

Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link. To discuss an integration, reach out to an expert.

About Polyflip

Polyflip is a decentralized casino powered by Polygon Network and Chainlink. Unlike traditional casinos that operate in black boxes, Polyflip runs on smart contracts that are fair, transparent and immutable. Polyflip aims to provide a low-cost, fast, fair and at the same time giving ownership of the platform itself to the Polyflip NFT holders.

To learn more about Polyflip, visit polyflip.io and follow them on Twitter.

SOURCE: https://polyflip.medium.com/polyflip-integrates-chainlink-vrf-to-help-power-verifiably-random-games-16aaa2a12661

Market Stats:
BTC Dominance: 59.56%(-0.31%/24h)
ETH Dominance: 12.46%(-0.19%/24h)
Defi Market Cap: $85.49B(-11.71%/24h)
Total Market Cap: $3032.09B(+5.07%/24h)
Total Trading Volume 24h: $195.35B(-13.23%/24h)
ETH Market Cap: $378.45B
Defi to ETH Ratio: 22.59%
Defi Dominance: 2.7%
Altcoin Market Cap: $1226.3B
Altcoin Volume 24h: $120.25B
Total Cryptocurrencies: 32221
Active Cryptocurrencies: 10060
Active Market Pairs: 89366
Active Exchanges: 760
Total Exchanges: 9578
BTC: 91278.22$(-0.02%/1H)
ETH: 3137.6$(0%/1H)
AVAX: 34.65$(1.85%/1H)
BNB: 623.16$(-0.05%/1H)
MATIC: 0.38$(0.36%/1H)
FTM: 0.72$(0.8%/1H)
ADA: 0.73$(-1.39%/1H)
DOT: 5.22$(0.54%/1H)
UNI: 8.77$(-0.67%/1H)
CAKE: 1.87$(0.42%/1H)
SUSHI: 0.76$(0.6%/1H)
ONE: 0.01$(0.47%/1H)