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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

CryptoKitties!?

BY: @phinn | CREATED: Dec. 7, 2017, 3:53 a.m. | VOTES: 1 | PAYOUT: $0.00 | [ VOTE ]

Apparently Ethereum's blockchain is infested with... kitties?
This October a game which allows it's users to purchase and breed crypto-kittens has launched using Ethereum's blockchain as its backbone. To me this seems like a strange spin off of Pokemon-Go with a crypto twist but, for some people it has actually turned out to be a lucrative investment.

As of now 7.6 million dollars have already been spent on this silly game. Plus it's using roughly 11% of Ethereum's blockchian traffic. I can't wrap my head around why anyone would spend money on a digital Beanie Baby but people are actually buying these things at prices that range from $20 to $100,000. Do you think these are here to stay or just quick scheme to make a buck and clog up the ether blockchain for a bit?

Check it out at https://www.cryptokitties.co/

[IMAGE: https://steemitimages.com/DQmXzKVkeiEo7BSnzNPSQt1r5pBP4UKWVt3vi1GQGEPPFsj/confusedkitty.PNG]

TAGS: [ #cryptokitties ] [ #blockchain ] [ #ethereum ]

Replies

@jsonkidd | Dec. 7, 2017, 4:11 a.m. | Votes: 3 | [ VOTE ]

Thanks for the post bud great content , You might want to have a look at this post as it has to do with ethereum transactions and a possible cure for network congestion.
https://steemit.com/ethereum/@ajkapss/microraiden-payment-channels-are-now-live-on-ethereum-main-network

@phinn | Dec. 7, 2017, 4:28 a.m. | Votes: 0 | [ VOTE ]

Thank you! I will check it out!

@phinn | Jan. 10, 2018, 2:37 a.m. | Votes: 0 | [ VOTE ]

@OriginalWorks

@originalworks | Jan. 10, 2018, 3:02 a.m. | Votes: 0 | [ VOTE ]

The @OriginalWorks bot has determined this post by @phinn to be original material and upvoted it!
[IMAGE: https://steemitimages.com/DQmaBi37A5oTnQ9NBLH8YU4jpvhhmFauyvgg3YRrEJwskM9/ezgif.com-resize.gif]

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