Author: dfmines

Cryptocurrency News and Public Mining Pools

After the ETH 2.0 hard fork, what will the two different currencies be known as?

In the 2016 hard fork, Ethereum split into Ethereum Classic and Ethereum. What would would the two currencies after the London Hard Fork be named? Would they just be ETH1 and ETH2.0? Because it seems that one of the currencies should be able to use the name "Ethereum" and the ticker "ETH". Also, Coinbase has…
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Just found a solo block 48% luck

submitted by /u/LtBeefy [link] [comments]

What wil be your biggest learning from Crypto this year?

I have to say holding your coins and DCA during the times when everyone is selling is the best thing I've learnt this year. Another thing is no matter who predicts using how many charts or cross happens in the chart, btc or Crypto moves based on its own and no one knows about it.…
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Algorand now has a full blown “Coinmarketcap” for their l2 Tokens – TINYCHART

submitted by /u/algoborn [link] [comments]

Web2 Not Found – The Daily Gwei #404

submitted by /u/DailyGweiBot [link] [comments]

Riding On Recent NFT boom, Game Publisher Ubisoft Pushes For NFT Adoption

Ubisoft entered the NFT market after Tom Clancy’s Ghost Recon Breakpoint was announced as the first game to provide NFTs in a beta trial in select countries. Ubisoft Quartz, an NFT venture that allows players to buy artificially rare digital products with bitcoin, was launched earlier this month. The AAA industry’s first real venture into NFTs was announced with this announcement. How successful has Ubisoft’s entrance into the blockchain been in just over a month after its announcement? Ubisoft’s NFTs Fail At Launch The publisher’s initial blockchain-based virtual items, unique numbered items for Ghost Recon Breakpoint players, aren’t exactly in high demand. Ubisoft Digits are in-game virtual items with distinct serial numbers that are part of Ubisoft’s Quartz “experience.” Rather than slightly different photos of poorly drawn monkeys, Digits are in-game cosmetic objects with unique serial numbers. A rifle skin that requires users to reach XP level five, a pair of pants that requires 100 hours of play, and a mask that takes 600 hours of play are among the first items available for free to players who meet specified playtime or account level requirements. However, it doesn’t look like the virtual items sold much at launch. According to Eurogamer, Quartz has only sold 15 NFTs of a Ghost Recon Breakpoint gun skin as of yesterday. It looks to have sold two more M4A1 tactical weapons and one Wolf Enhance Pants #76 for a total of 18 M4A1 tactical weapons as of yesterday. That amounts to around $1,755.30 in revenue, based on their prices. However, Ubisoft appears to have produced around 3,000 NFTs in all. Breakpoint doesn’t have the most appealing visual aesthetic — nor is it the largest Ubisoft IP — making it a strange pick to begin off Ubisoft’s NFT efforts, as many have pointed out. how are the ghost recon NFTs doing? I looked at the 2 3rd party marketplaces the Quartz site links and there seems to be… 15 sales total? 0 in the last day on 1 site? am i reading this right? pic.twitter.com/rWxvEW3Nrh — Liz Edwards (@lizaledwards) December 20, 2021 However, it should be noted that Ubisoft is giving away the majority of its NFTs at first, which will restrict the number of purchases. Nonetheless, it appears that the publisher’s experiment with NFTs hasn’t gone as planned. Furthermore, Quartz is built such that only Ubisoft game players can purchase an NFT, making it less appealing to those trying to make quick cash. Getting non-players to put in hundreds of hours in order to “own” a helmet that they can only resale to other players who have put in hundreds of hours is a futile endeavor. BTC trades at $48k. Source: TradingView Related article | Ethereum Recovers 6%: Are Investors Compelled by Ubisoft Experimenting With Blockchain? Ubisoft Doubles Down It appears that Ubisoft is bent on NFT adoption despite the fail of its initial offerings. Didier Genevois, Ubisoft’s blockchain director, told Decrypt that the publisher will go through with its NFT plans while adhering to its “principles,” as he puts it: “This experiment is designed to see how our gamers respond to and accept the value proposition of decentralization. We recognize that this is a significant adjustment that will take time, but we will stick to our three principles.” “Use the technology responsibly and build a safe environment” for players to explore the new frontier of NFTs, “only leverage energy-efficient proof-of-stake blockchains,” and “focus on the meaningful value propositions for players that benefit their gaming experience,” are the three principles he’s referring to. At this time, it’s unclear how any of these three ideas are being implemented. It’s apparent that AAA game publishers may have a hard time jumping on the NFT train as it seems the gaming world is not ready for play-to-earn games. It might also be that Ubisoft purported launch was a fail becuase of the strategy and virtual items involved. Time will tell as more big players enter the game. Related article | CryptoKitties Team To Join Ubisoft at Blockchain Heroes Hackathon Featured image from Shutterstock. Chart from TradingView

Web3D (Decentralized) vs Web3C (Centralized)

ETH people since our core is based on decentralization. With all the talk recently about Web3, can anyone layout the pros/cons or bullet points on the opinions of Web3 decentralized versus centralized?Our Past: Web1.0 – (AOL) Content was shown to you, like it was a Time magazine Web2.0 – Google, FaceBook/Meta, Big Tech own the…
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Is RVN breaking away?

Is it just me or does RVN seem to be breaking away from the BTC / ETH trend? I kind of expected this, but not until the halving at the earliest. Maybe people are moving over now to get as much RVN as they can before the halving? Thoughts? submitted by /u/TheMadTurtle11 [link]…
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Chingari Ranks as India’s Top Social Media App on Google Play

Chingari has emerged as the most popular social media app in India, with more than 32 million active users. It is a short video creating and sharing app and is fast gaining traction in this segment, emerging as a contender to Instagram reels.  Developed by Sumit Ghosh, Deepak Salvi, Aditya Kothari, and Biswatma Nayak, Chingari was launched in November 2018 on Google Play. It has been downloaded more than 85 million times since then, becoming India’s top free social media application. How Does it Work? Chingari allows users to create short videos and upload them on the platform to share with millions of users. Its popular in-built filters have been a major hit, allowing the application to enter the market dominated by international competitors, including TikTok, Snapchat, Facebook, and Instagram. Users can choose to sing a song, lip-sync, dance, film their pets, create voice-over movie scenes, perform comedy acts or do something else creative with music in the background before sharing their content. Moreover, Chingari users can play games, purchase merchandise, and send messages to fellow content creators. The app supports more than 20 Indian regional languages, in addition to English and Hindi. The platform’s straightforward interface lets users make videos of themselves and upload them within a short period. Thus, it’s no surprise that Chingari managed to gain a massive user base within three years to become one of the most popular social media apps in a country with a population of more than 1.38 billion. Crypto Infusion Chingari is the first Indian social media app to introduce its own cryptocurrency token. The platform raised $6 million through Initial Dex Offering (IDO) on SolRazr to launch its personalized cryptocurrency $GARI. Chingari also raised $19 million for its token round from leading crypto-based venture capitalists and private equity companies, namely Alameda Research, Solana Capital, Kraken, Republic Crypto, Galaxy Digital, among several others. Launched in October, the cryptocurrency is built on the Solana blockchain. Thus, $GARI can benefit from Solana’s fast, low-cost transaction speeds. The cryptocurrency was ushered in by Bollywood megastar and Chingari brand ambassador Salman Khan. $GARI will enable content creators to monetize their videos, allowing them to earn income from the Chingari app. They can also set up their own e-commerce spaces. The token will likely facilitate the sale of physical merchandise and non-fungible tokens (NFTs) on Chingari and allow fans to fund their favorite artists. The crypto integration is expected to accelerate its user base growth. Thus, Chingari is poised to remain at the very top of Google Play’s rankings for a long time. Regarding the $GARI launch, Chingari CEO Sumit Ghosh said, “The future of a platform lies in its creators. On one side, we have an immense talent pool that needs to be explored and rewarded with an ethical amount of monetization. On the other side, while crypto experiences a rapid expansion in India, $GARI is poised to make it mainstream. Chingari has demonstrated an impressive growth rate since its launch, becoming India’s top free social media app in just three years. Moreover, with the integration of cryptocurrency and an assortment of built-in features, Chingari is expected to retain its position on Google Play’s list for a very long period.   Source: Pixabay