This is a segment of the drop newsletter. To read the complete edition, Subscribe.
Blockchain developers are increasingly focusing on new products on user accounts and identities, and as a result, they are launching their own chains.
Zink, ATMTA’s SVM L1, is the latest new blockchain to join the trend. ATMTA is the studio behind the star Atlas, the space exploration game in development, and for many years it was expected to use Solana’s mainnet for all cryptographic elements.
But it seems to be changing now. Some stubborn Solana fans may view this move as a shake-up, but those who are stumbling on with this obvious may argue that Star Atlas is inevitable, creating their own chain for scalability anyway.
Zink uses Zero-Knowledge Proofs for power features such as “Zprofiles.” This provides a central identity with “global permission settings” that allows transactions to be automated and connected and applied to multiple apps, according to the statement.
Michael Wagner, founder and CEO of ATMTA, told me via email that Zink is intended to be a “Generalist Consumer Blockchain” long term, but initially the studio is aiming to use the Zink chain with other Crypto Gaming Studios.
“Zink will mostly start as a centralized and permitted blockchain. We expect a validator set that includes several external parties regarding the launch of the mainnet. Solana’s large-scale valiters. In general, ATMTA wants to control how L1 matures early on, and prioritizes Star Atlas’ performance.
Loading Tweets…
“But we have an ultimate roadmap with no open access and no permissions. We expect to achieve that within 18-24 months, but we expect to see a higher degree of decentralization over time in a more repetitive way,” he added.
The studio plans to zinc for the mainnet launch in December.
Like most blockchains, Zink’s native tokens with the same name are used for staking, consensus and community incentives.
