Cryptocurrency named Bitcoin was made on or about Jan. 3, 2009. It has become very popular lately due to the increase in value by leaps and bounds. Bitcoin and other cryptos work under Blockchain technology that makes the currency end-to-end encrypted and thus, ensures its security. The majority of online game players would willingly exchange their virtual assets for a currency that they could use as a means of payment on different platforms. Hence, crypto offers the gaming industry a safe and relatively easy way to make money. Read about the ‘currency of the future here オンラインカジノレビュー.
The first crypto and how it was mined
Five years ago, Bitcoin’s mysterious founder, Satoshi Nakamoto mined the first 50 bitcoins. That’s how the Bitcoin payment network was found. Not long after, Hal Finney became the first recipient of a Bitcoin transaction. Since that time, the system works on the same principles. To gain Bitcoin, users must either arrange Bitcoin transactions with other people or mine it. Mining is a process of creating new units of digital currency. In order to add a block to the chain, miners must compute the winning code (known as a hash) that solves a complex equation generated by the blockchain system. Once it’s done, the miner is awarded with a certain amount of Bitcoin.
Crypto and gaming. What can I play and what kind of computer do I need?
The popularity of NFT games is growing fast. Players are going crazy over them, especially since they are profitable. Some of the best NFT games introduced in 2021 are the following:
1. Battle Of Guardians
2. Idle Cyber
3. Axie Infinity
4. MetaWars
5. Splinterlands: Best Ready-To-Play NFT Game
However, playing crypto games requires computers with special software to solve complicated, cryptographic mathematical equations. The first Bitcoins could be mined with a simple GPU chip on a home computer. But over the years, things got more complicated. Simply put, the more powerful your computer is, the easier it is to play demanding games & mine crypto. Nevertheless, there’s a far easier way to earn crypto. They adopt payments in cryptocurrencies, where players can play or trade.
What does the future hold? A technological breakthrough.
Crypto games and Blockchain technology may seem very sophisticated. But they bring apparent benefits to both gamers and developers. For gamers, it’s a new exciting gaming experience. For developers, it’s profit. More info at https://www.forbes.com/sites/jasonevangelho/2021/01/05/how-to-earn-bitcoin-with-your-pc-in-2021/?sh=141dd1c43708. We are lucky to watch the early stages of the development of Blockchain technology in online games. But the future is certainly very promising and bright.
Conclusion
Today, the number of gamers in the world is impressive. It is clear that crypto has become a keystone in the gaming industry. Top gaming companies like Microsoft Xbox, Steam, and Twitch, have come into play. Their products are now transforming the market by letting players earn while playing. The more gamers accept crypto, the more opportunities there are for gaming companies to reach crypto gamers all over the world.