Blockchain kitties
It is hard to believe that cats existed before the internet. They were the original memes , way back when only Richard Dawkins knew what a meme was. Cats are internet gold because they resemble the people who spend a lot of time online: you only see them when they want to be fed, they do their own thing, and they are absolutely terrified of cucumbers. But for some, the appeal does not lie in a real cat, or even a picture of one; a fanciful drawing of a made-up kitten can be enough to send certain corners of the web into cash-splashing overdrive. CryptoKitties really took off in November and December of , when everyone and their mother thought they could get rich off Bitcoin. Like any fad, the value of every semi-well-known cryptocurrency sky-rocketed and then plummeted shortly thereafter.
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Content:
- Usecase of the Month: Blockchain Games
- Profiting from Kitties on Ethereum: Leveraging Blockchain RDF with SANSA
- CryptoKitties Now Sells Its Crypto Collectible Cats for Around $1
- There are 1,115,878 virtual cats on the Ethereum blockchain. Why it matters
- CryptoKitties: Bitcoin's Bubble Popped but Blockchain Gaming Here to Stay
- KITTY CRYPTO GANG
- crypto kitties
Usecase of the Month: Blockchain Games
At first, it sounded like both. Developed by design studio AxiomZen, CryptoKitties is a game that lets you collect, raise, and breed unique digital cats on the Ethereum blockchain. TechCrunch's Fitz Tepper described the game's concept as "using Ether, an asset with arguably little tangible utility—to purchase an asset with unarguably zero tangible utility.
In case you haven't heard, blockchain is the distributed ledger technology underlying cryptocurrencies such as Bitcoin. Blockchain makes it possible to run web applications that don't depend on centralized authorities such as Facebook and Google.
And in the past couple years, the world has gone crazy with distributed blockchain applications, or DApps. Every week, I receive several pitches from blockchain startups claiming they'll change the world or at least the internet.
I reply to very few and ignore the rest. CryptoKitties seemed like a good fit for the latter. Giang, head of community at CryptoKitties, contacted me again a few weeks before its "Initial Cat Offering. Again, I didn't reply. The game's traffic even clogged the Ethereum network. Although I'm still having a hard time finding value in this modern-day Tamagotchi, I believe the viral growth of CryptoKitties might have positive effects on the evolution of the blockchain industry.
Pokemon Go was a silly fad too, but it brought mainstream attention to smartphone-based augmented reality AR , which had, up to that point, been a fringe technology.
People might think cryptocurrencies such as Bitcoin and Ethereum—and their enticing price surges—are the only blockchain applications. But there's much more to blockchain than just storing and transferring digital currency. The game mechanics of CryptoKitties familiarizes people with the fundamental concepts of blockchain— smart contracts , transaction fees, gas prices the internal pricing for running a transaction or contract in Ethereum , and verifying transactions.
DApps are applications that run on a blockchain instead of application servers, and MetaMask is an extension that enables your browser to work with web applications such as CryptoKitties, which run and execute transactions on the Ethereum blockchain. But more important, the game introduced people to scarcity of digital assets. In the digital world, we've become used to seeing information copied without restriction.
For instance, when you copy a file to your hard drive or in a cloud server, it's identical to the original copy. By contrast, every piece of information stored on the blockchain is unique. This means. If they want it, they'll have to buy it from you. This concept of scarcity opens up opportunities for creating new applications that take advantage of these distinct digital signatures.
For CryptoKitties, the result is something of a first: a virtual collectible. I've spent hundreds of hours studying blockchain applications, reading whitepapers, interviewing developer teams, and testing products. I'm truly amazed at how the simple concept of distributed ledgers can upend the centralized business models that give far too much power to companies such as Google and Facebook, and create economies where every user shares in the costs and benefits.
Blockchain could enable true ownership of digital information, something that is increasingly necessary as our lives become more digitized. But I was perplexed by why these projects were having a hard time finding traction among non-techies. The overwhelming majority of internet users today are comfortable using cloud-based applications without a second thought—email, social media, and cloud storage.
In this respect, CryptoKitties could serve a two-fold function. These cute blockchain-based cats could help introduce average users to the possibilities of blockchain, helping render an abstract concept tangible with the 21st century version of a Beanie Baby.
At the same time, it could steer blockchain developers in an amusing and roundabout way toward finding applications that unlock the potential of decentralized blockchain infrastructure. He also believes that rebuilding cloud solutions such as Uber, Airbnb, Facebook, and Netflix on the blockchain is not a good idea. The only thing we can do is to introduce them to the blockchain.
Entirely new use cases that leverage scarcity and remove unnecessary third parties, and decentralize information have not been thought of yet. CryptoKitties also showed a preview of the challenges blockchains will face if they ever become the backbone of large internet applications.
At some point, CryptoKitties accounted for 11 percent of the traffic on the Ethereum blockchain, slowing other applications to a crawl. SophiaTX, a blockchain startup building a platform for business-to-business B2B use cases, eventually had to postpone its planned ICO due to the ripple effects on the network.
The congestion caused by CryptoKitties could potentially create a backlog of token sale transactions and very long wait times. The conundrum created a rift among the Ethereum community and minor clashes over how to solve the issue. Ethereum is not the only blockchain dealing with scaling difficulties. The Bitcoin blockchain has faced its own set of challenges as the number of users and transactions and the length of the ledger have increased. Differences over the possible solutions to Bitcoin's scale problems have led to verbal feuds, death threats , and three hard forks , in which supporters of a particular solution create their own version of the blockchain.
In general, as cryptocurrencies and blockchain evolve and move from a niche industry to becoming a major digital foundation for new applications and businesses, previous structures and models may no longer be feasible.
And CryptoKitties made sure everyone noticed that. Maybe it will push blockchain developers toward overcoming their differences and finding a solution before it's too late. The solution would be a combination of moving away from proof of work and into proof of stake. Other ideas such as sharding , state channels, side chains will also help in taking the load off the network. All of which I'm sure are now being developed at a faster pace since the launch of CryptoKitties.
I still haven't bought my first CryptoKitty, and I don't have a mind to do so any time soon. I'm not confident the game will maintain the hype. Maybe it will spawn a series of wannabe applications, or maybe it will drift into the abyss of failed blockchain projects. But I'll be watching to see whether CryptoKitties helps spur a network effect that will lead to blockchain's mass adoption.
If the technology does truly take off and become the infrastructure powering a new wave of decentralized applications, we may have to thank a few digital cats. PCMag Asia Opinion. By Ben Dickson Dec.
More Inside PCMag. He writes about disruptive tech trends including artificial intelligence, virtual and augmented reality, blockchain, Internet of Things, and cybersecurity. Ben also runs the blog TechTalks. Follow him on Twitter and Facebook.
Profiting from Kitties on Ethereum: Leveraging Blockchain RDF with SANSA
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CryptoKitties Now Sells Its Crypto Collectible Cats for Around $1
Depending on who you ask, blockchain technology is either the solution to many of the world's problems or an area of overly hyped tech that is often incorrectly referenced interchangeably with cryptocurrencies like Bitcoin. Lots of people still seem to get lost in just trying to understand how the technology works. If you want the technical definition, blockchain is a distributed record of digital transactions, where each record of change represents a "block" that is linked together on a single list or "chain. So far, perhaps the easiest conceptual usage for this technology has been currency. But the truth is, blockchain is actually far more than just the backbone of cryptocurrencies. And if it's working, it's totally uninteresting," said blockchain startup investor Bradley Tusk. He'll be part of the "Block chain -the-Vote" panel at SXSW, discussing how the technology can be used to legitimize the use of mobile phones for voting in general elections, but he's not too concerned about the information gap.
There are 1,115,878 virtual cats on the Ethereum blockchain. Why it matters
Labelled CryptoKitties-on-Flow, the new experience is designed to demonstrate the capabilities of Flow in relation to Ethereum. One obvious change in this regard is that the artwork for kitties will be changed, moving away from the flat 2D signature style to an animated pseudo-3D. In terms of ensuring continuity between the Ethereum and Flow versions of CryptoKitties , the Flow smart contract will be backwards compatible, enabling users to breed kitties created on either blockchain. Dapper Labs is encouraging developers to build on Flow with its Flow Alpha and Accelerator programs, which offer potential funding and investment for dapps that support CryptoKitty NFTs as well as building new experiences. You can find out more about Flow and its various programs here.
CryptoKitties: Bitcoin's Bubble Popped but Blockchain Gaming Here to Stay
Cryptokitties are attracting serious money. See also: Cryptokitties Are Still a Thing. Here's Why. The game involves breeding of digital cats to generate progeny that become valued collectibles. According to some estimates , the game had 1. For example, it could enable real estate transactions between two parties, where the exchange of funds takes place only after certain conditions pertaining to the sale are met.
KITTY CRYPTO GANG
Blockchain technology makes it possible to store and transmit digital content in a tamper-proof way using a decentralised database. This potential is increasingly being recognised by the gaming industry and use cases are being created in which blockchain technology could play a decisive role in current games. In this Usecase of the Month, we present two of these games and give a preview of what else we might expect in the coming years. Symbolically, we would like to introduce CryptoKitties. CryptoKitties is a very abstract online game published in by the Canadian developer Axiom Zen.
crypto kitties
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The illustration above was produced by artist carrotcake specifically for this article. You can see her original process and work here. CryptoKitties are digital assets that take on the form of cartoon kittens with diverse and transferrable characteristics. Each cat is technically an Ethereum ETH smart contract non-fungible ERC token that can be collected, transferred, bred for new kittens, or even destroyed. For the first time, an understandable and compelling representation of blockchain infrastructure has been presented and made accessible to the public in a mainstream way. Utilizing the kitty marketplace on CryptoKitties.
A Crypto Kitties clone. For fun Original project, check them out! Front End: react, redux, html, CSS, javascript, react-bootstrap, styled-components, redux-sagas. Requires an Etherem wallet like MetaMask. You'll need some test ETH on the Ropsten network. Visit a faucet to get some free test ETH.
How do new technologies affect our interaction with the world around us? And how can art and Blockchain go hand in hand? The multimedia artwork »cryptoART Playground«, which will be shown in the second phase of »Open Codes«, is a living real-time visualization of the mysterious world of technologies that powers both crypto currencies and digital cats — the so-called »CryptoKitties«. The exhibit showcases the intricacies of the process behind creating each CryptoKitty.
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