What differences? – Cryptocurrencies

What differences? - Cryptocurrencies

More and more, the use of blockchains is becoming commonplace in the world of video games. A great deal of marketing communication. However, there are sometimes many abuses of language concerning this recent fusion between the two genres. Between “crypto” and “blockchain” games, there are thus real differences that it is important to identify before … “Boys and girls of every age, wouldn’t you like to see something strange?” Then come and check some spooky cryptos and the Halloween effect. Cryptocurrencies latest news and history organized by date that contains 1000000+ news archives. Click here to read what world was saying about cryptocurrencies. ← Jaxx Reveal | Ethereum ETH Updates The working day for all cryptocurrencies from the highest 10 of the CoinMarketCap useful resource capitalization score started with a

More and more, the use of blockchains is becoming commonplace in the world of video games. A great deal of marketing communication. However, there are sometimes many abuses of language concerning this recent fusion between the two genres. Between “crypto” and “blockchain” games, there are thus real differences that it is important to identify before investing time or money in these new style projects.


In the cryptocurrency world, there are ways to earn compensation by performing simple actions or tasks. It could range from a simple retweet to writing an article for a project, but it is also possible to earn crypto by playing video games.

The history of crypto and blockchain gaming does not begin in 2017 with theERC-721, but much earlier with Bitcoin, Huntercoin and Minecraft. And yes, there was a time when doing quests in Minecraft or playing minesweeper with other players. allowed to earn Bitcoin.

The term “play to earn”Was thus used to define this new gameplay, associating the completion of tasks in a game with a reward in cryptocurrency.

This way of democratizing crypto had an echo a few years later, mainly with projects hosted on Ethereum. Vitalik Buterin would have – according to legend – had the idea of ​​this blockchain following an arbitrary modification of his character class in World of Warcraft, but did he imagine a few years later to see so many games with immutable gameplay appear?

In this idea of ​​decentralizing the world of video games, two approaches have emerged as two sides of the same coin of (crypto) currency: blockchain and crypto gaming.

What are the differences between these two new genres of gameplay?

The concept is very idealistic: to have a maximum of interactions recorded on the blockchain. Whether it’s equipping a weapon, sending a character on an adventure, or exploring a new room in a dungeon, everything must appear and be verifiable.

It’s obviously on Bitcoin that these first types of games appeared, but since the end of 2017 the number ofdecentralized applications (Dapps) for entertainment has only grown bigger.

The first to have achieved this feat so completely is the game Huntercoin, hosted on the blockchain of the same name, fork of Bitcoin. By completing quests or walking around, it was possible to obtain in-game coins that could then be exchanged for bitcoins.

Since then, the team has developed an entire ecosystem around Xaya, a new gaming-oriented blockchain and released their flagship MMORPG: Taurion.

When the ERC-721 standard was validated in 2017, it brought a lot of new projects with it. This standard enables the creation of Non-Fungible Tokens, uniquely identifiable assets that are interoperable on the blockchain.

The most popular example still today is CryptoKitties whose simplicity of gameplay and graphics have managed to conquer the internet.

In 2018, after the madness of the markets and especially the exorbitant costs, it was notably the projects related to NFTs that allowed Ethereum to continue and rebuild its community.

There is for example Gods Unchained, a trading card game where each card is an NFT. The game wants to compete directly Hearthstone by offering a free game where you could sell your cards.

We can also quote Enjin, who wants to create a multiverse where certain NFTs can be used in several different games and offer the possibility of sending multiple ERC-20 and 721. A bow found on a boss in Lost Relic can be reused on one of your characters in Forest Knight for example.

The advantage and the disadvantage of the ERC-1155 is the possibility that it allows to change the metadata. This gives a “semi fungible token” which leaves more flexibility for developers but less control for players.

Or else Decentraland, a virtual world where every piece of land or clothing is NFT. The project has been engaging its community since 2018 to try out different interactive aspects by offering distributions of $MANA for testers.

Even if Ethereum is king in this area, two other blockchains have still tried to compete with it: EOS then WAX.

EOS has managed to register all of the shares in Eos Knight, an idle-RPG. Despite operating in Proof of Stake allowing faster transactions, unwanted blockchain spam by a social network eventually saturated the equivalent of bandwidth making actions in games impossible.


Thanks to the dGood standard, the transfer of NFTs is made possible but their exchange will only be limited to the perimeter of the game.

For lack of a sufficient catalog, EOS will be gradually deserted by players, until the creation of WAX in 2020. Blockchain specializing in NFTs but using the same architecture as EOS, it has recently partnered with Atari.

Although a few projects have already migrated to it, WAX is still very new in the ecosystem and still has some way to go before it reaches the level of Ethereum.

To sum up, in the notion of blockchain gaming the value of game rewards will depend on a secondary market entirely owned by the players.

Crypto gaming is a concept that only concerns itself with a single action on the blockchain: the reward.

Not to mention the many “Faucets”Which offer with very simplistic gameplay (and by watching a lot of advertising) to win a few satoshis, in its beginnings Bitcoin very quickly saw games which were developed to reward crypto players.

One of the first experiments was Gambit, which managed to organize tournaments of Monopoly or from Minesweeper with Bitcoin rewards at stake. The success was such that Gambit was subsequently forced to limit the rewards.

The next one was Bitquest, where a server on Minecraft allowed bitcoins to be mined, thereby distributing block rewards to players.
The servers had to stop running due to the constant increase in mining difficulty but it seems others have taken up the concept for easier to mine cryptos like Dash or Dogecoin…

Unlike blockchain gaming, where the focus is more on adding value for the entire ecosystem, crypto gaming is more about introducing the rest of the world to cryptos.

One of the key media on which this goal can be easily achieved is obviously mobile and that is Spell of Genesis who managed to publish a game on the stores in 2016.

Still online today, the game offers cards that can then be resold in a secondary market.

A few years later it was Crypto Idle Miner which arrived, offering players to run a crypto mining farm. Each player’s ranking is rewarded seasonally in $HORA, which can then be exchanged for TRX.

Crypto Idle Miner is a bit of an exception to the nicknamed “blockchain casino” since all (or almost) dapps on this blockchain are games of chance with a “provably fair” design.

This term means that you will be able to see in any explorer that the stated odds of winning are met. Somehow this is a category of game but quite different from what it would be wise to advise for someone who wants to play with crypto.

It will not be until 2019 that the Lightning Network be used to reward players in satoshis. This is particularly the case with the game Bitcoin Bounce where on a daily basis, a raffle takes place to determine the amount of satoshis distributed.

On the strength of this initiative, the creation of a regular event appeared, Mintgox. Bringing together the games distributing satoshis to participants, it is no longer just tournaments that are organized but quite simply almost free distributions of satoshis during these events.

Whether it is blockchain or crypto gaming, one thing should not be forgotten: the game itself is not hosted on a blockchain. All the graphic renderings, the generation of the rules or even the gameplay mechanisms are still centralized on a warm server.

If tomorrow the servers were to close or in the event of an exit scam, the tokens that will be in your wallet will no longer have any value. Unless a team decides to take over the project so that they can reuse the related assets. Moreover, the success of projects still depends very much on the community that is formed around a project.


Thus, and in the same way as for any crypto investment, it is important to do preliminary research on the feasibility of the project and on its seriousness!

Max logo

Coming from an artistic training, and with a technical professional background, I have been working for several years in the blockchain universe, and more specifically in that of Non-Fungible Tokens. My added value in this ecosystem is to make the challenges and opportunities offered by these new technologies accessible to as many people as possible.

Source: personal-financial.com

Bitcoin/cryptocurrencies Discussion Thread (Q/A And News) - Investment (2)

Bitcoin/cryptocurrencies Discussion Thread (Q/A And News) – Investment (2)

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Try it out. Any issue contact 070.38902470 on whatsapp

Why not get into a legit business rather than promoting a scam

Anyway bitcoin and crypto currency has been making a resurgence and there is a massive influx of money into the market right now.
The cause of this is something called Defi.
Liquidity mining, and yield farming.

I’ve only experimented with and researched this topic a little bit and I will like to post and discuss what it is, how a person can get into it and the risks associated with it.

Nice thread…. Following

I wonder why nairaland bans discussion on crypto when most of the adverts I see these days here are about crypto







Another good one is Bundle Africa. Not a full exchange but their app is sleek and smooth. Seems it’s integrated with binance in a way. The owner is a Nigerian who worked with binance for a while. Their withdrawals are also very fast and more reliable than binance.

They’ve began adding new coins lately. It’d be great if they could institute stop losses or predefined buys or sell

Pls, is there any hope for Tron coin? I bought many Tron coins but it is just stagnant, no movement at all, I just don’t understand,
While bitcoin is moving up, tron is just stagnant,
Pls who has any idea about Tron’s projection?

1 Like

trade it with vibatron (dot) org na


Source: www.nairaland.com

6 Spooky cryptocurrencies and the bullish “Halloween effect”

6 Spooky cryptocurrencies and the bullish “Halloween effect”

“Boys and girls of every age, wouldn’t you like to see something strange? Come with us and you will see this, our (crypto)town of Halloween!” would sing Danny Elfman these days. Of course, it’s the end of the 10th month, and that means only something: Halloween!

Believe it or not, there are out there some inventive developers that have taken the work of creating a bunch of “spooky” cryptocurrencies with different purposes and evil levels. We can call it our own town of crypto-Halloween, but there’s more to discover.

Do you know what the “Halloween effect” means and how it will affect the market? Walk into our little spooky-crypto-town to figure it out!

“What do you think of when you think of Evil?” Well, according to these guys, “big business” might be the correct answer, besides zombies and demons. And that’s exactly how it was born Evil Coin (EVIL) in 2015, with only one purpose: “embrace and inspire evil”.

And they mean especially the evil inside the cryptocurrency world, welcoming FUDsters, trolls, pumpers, and dumpers; which can affect badly the cryptocurrency market. They’re mean! And they don’t need ASIC machines to mine new EVIL coins, since they work with a hybrid algorithm on their blood chain.

Currently, the EVIL price is $0.0023, with $50.400 in market capitalization [CoinMarketCap]. “In evil we trust. Always do evil”, they say.

Are you a fanatic of horror films? The developers of this token seem to be fanatics, at least. Shivers (SHVR) is an ERC-20 token that’s aiming to work as the fuel for a “spooky” platform, in where they can create and distribute original horror films. The plan is that, in the future, every SHVR be redeemable for exclusive content and new movies.

You can say this might be the cryptocurrency for the horror. In the meantime, every SHVR is being traded at $0.00026, with a market cap of $14.500. The token was first sold through an ICO in 2018, but the funds raised are unknown [ICObench].

This a polemic and kind-of-creepy one, and yes, it’s just what you’re imagining. A cryptocurrency for the new pandemic coronavirus, COVID-19. Because nothing like the cruel reality to scare everyone, right?

And CoronaCoin (COVID/NCOV) is making a great job on that, since they’re burning (deleting) coins as people keep dying due to this sickness all around the world. The token supply started in 7,604,953,650 to represent the total human population. Then, their system checks the data by the World Health Organization (WHO), and burn the same quantity of token units as deaths counted from COVID-19. In case you’re wondering, there’s more than 1.1 million COVID burned to date.

At the least, CoronaCoin it’s helping the COVID-19 relief efforts. They’re donating 1 billion tokens to the charity, even if the price is barely $0.0000034 per unit [CoinGecko].

What? Didn’t you expect that there’s not just one but two Halloween-thematic cryptos? Let’s start with Halloween Coin (HALLO), launched in 2017. This is a minable currency, and the dev planned then some bounties, online games, commerce applications, and “spooky” giveaways. Sadly, nothing of it it’s here to date.

For its part, Halloween Horor (HOROR – yes, with only one “R”) was born this same year, and it’s trying to make an ICO for taking off. According to its very-grammatically-incorrect white paper, this would be a trick-or-treat currency: their community would challenge others to make some “unimaginable frightening feats and still go unnoticed”, in exchange for a reward.

By now, the price per HOROR is $0.88, with an unknown market capitalization. And the price and market cap of HALLO seem to really like Halloween because they look death.

Is this another spooky-thematic and dubious altcoin? Curiously enough, the answer is (maybe) no. We just picked this one because without ghosts there’s no Halloween, sorry. Despite the name —and the funny logo—, GHOST is a privacy-focused cryptocurrency developed by John McAfee. The same eccentric guy who created the McAffee antivirus and this same month was arrested in Spain for tax avoidance [NYT]. That one.

On the official website, Ghost is described as “Proof of Stake privacy coin to help make you nothing but a ‘ghost’ when transacting online (…) transactions are fully anonymous by Ring Confidential Transactions (Ring-CT), hiding the sender, receiver, and the amount”. It also includes an encrypted chat and no guarantees.

To date, GHOST is selling at $0.27 and it has a considerable market cap of $3.9 million.

Time to discover a little secret, in case you didn’t know about it: there’s a “Halloween effect” almost every year on the markets. It’s told that after every Halloween (October 31) the stocks (and the cryptocurrencies) perform their best until May next year. That’s why the investors use to say “Sell In May and Go Away” (until Halloween).

Is this just another myth? Well, certainly isn’t a strict rule, and officially the ghosts don’t exist either. But there are things. We only need to look at the past: since 2015, Bitcoin (BTC) has presented some considerable increases starting in Halloween, and compared to May prices.

In 2015 the Bitcoin increase was +35%, in 2016 was +55%, in the beautiful 2017 was +337%, in the bad 2018 we had a recoil of -29%; and in 2019 we came back with +70%. This year, comparing since May, the increase has been +53%. You can draw your own conclusions with your favorite cryptocurrency.

In the last months, COVID-19 has been a great obstacle for everyone, and the markets aren’t the exception. Will the Halloween effect come back in these circumstances anyway? We don’t know. It may be a trick or a treat.

In the meantime, happy and spooky and crypto Halloween!

Source: blog.alfa.cash

Author: Isabel P.

Cryptocurrencies archive news by date

Cryptocurrencies archive news by date

  • Prince Harry’s Royal Family Reconciling Won’t Happen – And Here’s Why
  • Ryan Phillippe Shaded Ellen DeGeneres And I’m Here For All Of It
  • Ethereum (ETH) Kurucusu Bu Projeyi Önce Eleştirdi Sonra Övdü!
  • Ripple’ın Önündeki Engeller Açıklandı: Bu Engeller XRP Fiyatını Etkiliyor Mu?
  • XRP ve ETH Gibi Altcoin’lerin Hareketi Bitcoin’in (BTC) Bu Hamlesine Bağlı!
  • Ripple CEO’su XRP’nin Bu Konuda da Bitcoin’den (BTC) İyi Olduğunu Savundu!
  • Bitcoin (BTC) 12. Yaşını 14.100 Dolarla Kutladı!
  • Binance CEO’su Changpeng Zhao’dan Anlamlı 12. Yıl Kutlaması!
  • MicroStrategy’s Bitcoin Bet Reaches Front Page of the Wall Street Journal
  • Bitcoin Shrugging Off Stimulus and Election Fears is a Sign of a Bull Market
  • Yearn.finance (YFI) Open Interest Hits an All-Time High as Selloff Continues
  • Hedge Funds Widely Flip Short on Bitcoin Despite Blatant Breakout
  • BitMEX Chiefs Looted More Than $440M From Exchange After Finding Out About Probes, Suit Alleges
  • John McAfee Pumps Crypto From Prison, Denies Tax Fraud and Murder Charges
  • Top Analyst Says Three Coins Have Upside Potential As DeFi Movement Transitions to Bitcoin Bull Run
  • JPMorgan Unveils Onyx, Its New Blockchain Branch
  • BitMEX officials allegedly ‘looted $440 million’ from exchange after learning about U.S. charges, per lawsuit filing
  • Sleepy Swiss town launches Tezos-backed Coronavirus aid program
  • Hackers threaten to release Finland psychotherapy records for cryptocurrency
  • Crypto.com Coin, Maker, Ethereum Classic Price Analysis: 31 October
  • Only 8% Of All Examined Decentralized Exchanges Are Safe: Report
  • DAI’s growth is crucial to DeFi, here’s why
  • Bitcoin accumulates a surge of institutional support
  • Ethereum, Stellar Lumens, Basic Attention Token Price Analysis: 31 October
  • Bitcoin birthday: Industry leaders make a wish
  • Coinbase Unveils New Rewards-Centered BTC Debit Card
  • Analyst: Ethereum Could Rally Towards $432 if Bulls Flip One Key Level
  • Bitcoin Could Rally to an All-Time High if It Hits One Key Level
  • Institutions are Bitcoin’s latest hodlers, here’s why
  • Yearn.finance (YFI) fell to four digits—but are whales accumulating?
  • Litecoin, Zcash, BitTorrent Price Analysis: 31 October
  • Bitcoin Cash, Tezos, Dogecoin Price Analysis: 31 October
  • US Banks Could Seek to Partner With or Buy Crypto Custodians, OCC’s Brooks Says
  • $1.1 Billion Crypto Ponzi: Masterminds of Wotoken Head to Prison in China
  • Can Bitcoin sway gold’s investors in its favor?
  • Coinbase to work with former google senior lawyer
  • Bitcoin reaches $14K for the first time since January 2018 — what’s next?
  • Bitcoin HODLers Have One More Reason to Celebrate Today
  • Russian Bank Gazprombank Receives Authorization To Launch Institutional Cryptocurrency Services In Switzerland
  • 0x charts path towards cross-chain asset exchange and liquidity aggregation
  • What industry leaders would wish for Bitcoin’s white paper 12th anniversary
  • ETH’s Push Above $400 Will Have to Wait for the BTC Party to be Over
  • Coinbase CEO Plugs Crypto Platform Giving Away 1,000,000 Tokens in the Name of Science
  • Bitcoin futures to be backed by crypto-lender BlockFi
  • John Bollinger: Bitcoin Won’t Be Affected By the Election
  • EOS, Aave, Synthetix Network Price Analysis: 31 October
  • Chainlink, Monero, Digibyte Price Analysis: 31 October
  • A timeline of fintech’s involvement in crypto in 2020 thus far
  • DeFi sector’s weakness might just make it the ultimate Bitcoin hedge
  • Bitcoin and DeFi Rally Led Crypto Hedge Funds To Log More Than 100% Gains in 2020
  • Why we can’t rule out Bitmex from the Bitcoin game just yet
  • Bitcoin is About to Post Its Highest Monthly Close Ever as Bulls Roar
  • Bitcoin’s white paper was published 12 years ago today
  • Ripple Sent Payments Giant MoneyGram $9,300,000 in XRP in Q3 2020 – Here’s Why
  • Binance Coin, Cosmos, Dash Price Analysis: 31 October
  • Bullish Trend: Chainlink’s Top Investors are Accumulating at a Rapid Pace
  • Uniswap, Aave, Synthetix Continue to Slip Lower in Face of Bitcoin Bump
  • Satoshi Nakamoto’s Bitcoin White Paper: A 12-Year Old Summary of Robust Unstructured Simplicity
  • Top fund manager thinks Ethereum DeFi shorts make little sense here
  • Ethereum Is At a Pivotal Support—and That’s Good for the Bull Case
  • Bitcoin birthday celebrations topped up with $14000 high
  • Yearn.finance (YFI) Plunges Back Toward $10,000 Despite 20% Relief Rally
  • How Marlowe Playground rounds up all of the work being done on Cardano’s Goguen
  • Facebook Censors Bitcoin-related Content Once Again
  • Lightning Network Exploits Continue to Hinder the Bitcoin Scaling Solution
  • Bitcoin Corrects After Rejection at $14K: Trend Remains Bullish
  • Source: cryptocurrencytracker.net

    Cryptocurrency explained by Bill Gates – Bitcoin and Cryptocurrencies

    Cryptocurrency explained by Bill Gates – Bitcoin and Cryptocurrencies

    Cryptocurrency explained by Bill Gates – Bitcoin and Cryptocurrencies

    Information from Wikipedia about cryptocurrency.

    “Decentralized cryptocurrency is produced by the entire cryptocurrency system collectively, at a rate which is defined when the system is created and which is publicly known. In centralized banking and economic systems such as the Federal Reserve System, corporate boards or governments control the supply of currency by printing units of fiat money or demanding additions to digital banking ledgers. In case of decentralized cryptocurrency, companies or governments cannot produce new units, and have not so far provided backing for other firms, banks or corporate entities which hold asset value measured in it. The underlying technical system upon which decentralized cryptocurrencies are based was created by the group or individual known as Satoshi Nakamoto.

    As of March 2015, hundreds of cryptocurrency specifications exist; most are similar to and derived from the first fully implemented decentralized cryptocurrency, bitcoin. Within cryptocurrency systems the safety, integrity and balance of ledgers is maintained by a community of mutually distrustful parties referred to as miners: members of the general public using their computers to help validate and timestamp transactions adding them to the ledger in accordance with a particular timestamping scheme.

    The security of cryptocurrency ledgers is based on the assumption that the majority of miners are honestly trying to maintain the ledger, having financial incentive to do so.

    Most cryptocurrencies are designed to gradually decrease production of currency, placing an ultimate cap on the total amount of currency that will ever be in circulation, mimicking precious metals. Compared with ordinary currencies held by financial institutions or kept as cash on hand, cryptocurrencies are less susceptible to seizure by law enforcement. Not in citation given. Existing cryptocurrencies are all pseudo-anonymous, though additions such as Zerocoin and its distributed laundry feature have been suggested, which would allow for true anonymity.”

    There are around 700+ cryptocurrencies in the market and BitCoin is the most known. Yet there is many more cryptocurrencies out there that increase in the market capaitalization. As for example Ripple, Ethereum, Litecoin and MORE.

    Source: sgbitcoin.com



    In keeping with the creator of some of the well-liked technical evaluation indicators – John Bollinger, the present decline within the BTC price has opened up the chance for buyers to profitably buy cryptocurrency for a very long time.

    In keeping with knowledge from aggregated Bitcoin (BTC) peer-to-peer buying and selling platforms Paxful and Localbitcoins, weekly buying and selling volumes in India have been rising steadily since April.

    As famous by an analyst at Credible Crypto, the LINK worth has hit 5 decrease highs because the $ 20 drop, which is a powerful bearish signal. In keeping with the analyst, the main focus is now on the $ 13.5 to $ 12.9 vary, which may function assist.

    Senator Soraya Tronica, a member of the Social Liberal Social gathering of Brazil, outlined on Monday the foundations for the enterprise of “digital property”, custodians and issuers, client safety, cryptocurrency taxation, prosecution and trade oversight in Brazil.

    Launched in April 2017 with an airdrop as the primary self-mining sensible contract, Minereum permits customers to generate new cash with out the necessity for crypto mining {hardware}, permitting the code to do all of the work. In March 2020, the undertaking went by a brand new airdrop, which featured almost 1.2 million addresses, and added varied new options resembling decentralized buying and selling, betting, and Fortunate Draw’s provably honest on-line play.

    South Korea’s oldest newspaper, Seoul Shinmun, reported this on Wednesday, saying Coinbit workplaces had been ransacked on expenses of fraud. The trade is accused of utilizing a number of “ghost accounts” to extend buying and selling volumes.

    Buterin mentioned that for BSN to be internationally authorised, undertaking representatives should achieve the belief of potential customers. In his opinion, what Chinese language builders are at present providing isn’t sufficient. Vitalik Buterin additionally drew consideration to the excessive stage of centralization of BSN.

    In accordance with US regulation, solely accredited buyers should buy cryptocurrency by token sale and ICO. In the meantime, most of the people can commerce any cryptocurrency on the trade solely after the completion of its ICO. In follow, which means solely rich buyers have entry to early funding alternatives.

    Source: gentlecrypto.com

    What differences? - Cryptocurrencies

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