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On Sunday, a very strange thing happened in the crypto world. In fact, the SAGE Labs game by the Star Atlas team, based on Solana, single-handedly surpassed the entire activity of the entire Polygon network.  Specifically, SAGE Labs activity accounted for 15% of all activity on Solana.  Solana and Polygon: news from the crypto world  Solana and Polygon are two distinct networks.  The former is a first-layer independent blockchain with its own native cryptocurrency (SOL).  Polygon, on the other hand, is a second layer of Ethereum, i.e. a service that provides additional functionality to Ethereum’s first-layer network, in particular faster and cheaper transactions.  In theory, the two networks should not be compared, but in this specific case the comparison serves to give an order of magnitude to the boom of SAGE Labs.  According to polygonscan.com, around 2 million transactions were recorded on Polygon’s blockchain on Sunday.  In contrast, more than 360 million transactions were recorded on Solana’s blockchain on the same day, according to data from solscan. SAGE Labs’ boom In an amazing sequence of events, the browser-based game alone recorded over 2.29 million transactions on Sunday 8 October 2023. SAGE Labs alone managed to outperform the entire Polygon network in a single day. But then things stabilised. Since its launch about a month ago, SAGE Labs has already recorded over 16 million transactions, not least because it is a completely on-chain game. In fact, it requires its players to authenticate almost every in-game action with their Solana wallet, generating a small fee for each verification. Although the number of active players per hour is not large (less than 1,000), they generate an average of about 150 transactions per hour each, which adds up to millions over the course of a day.  On 8 October, the total of 1,442 players…

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Filed under: News - @ October 10, 2023 9:24 pm