I read some topics on reddit about crypto kitties and some people that they sold their kitties for 250ETH? WTF?
What is this ?
I have no clue what it is, but I am 100% sure it is the reason why the Ethereum network is very slow at the moment. I need to pay 50 Gwei in order to have a normal speed transaction. Even with that Etherdelta is giving errors.
You are right, this game devours 15% of the ether network, and already as the second day the ether network got up. I can not imagine if we allow several such projects to be launched simultaneously, we will bury the ether forever.
Indeed, the blockchain will freeze, if it hasn't already. What I see from this project/experiment is a lesson the crypto world needed to learn. It has been said a few times, but nobody took the time to actually think about it.
But as it turns out, a sole blockchain cannot withstand more than 1 project. ONE SUCCESSFUL PROJECT. And in the case of ether network, that is ethereum. It was built for it and the fact that you can ass your coin to it, it was just meant to raise awareness and make people "consume" more of the network, make transactions with gas, so the network will always gain something.
Now, Bitcoin has its own network as well.
And the thing is that this project, or any project that aims to succeed needs its own blockchain, or it will eventually kill the entire network. I believe it's just a matter of time. For some it may take a few days, for others some years.
What bothered me, wad the cheap website and landing page this cryptokitties game gas. As it claims to be "one of the world's games built on the blockchain technology.... with cryptocollectible" BS. That's what it is. I see it as a MLM bs, with a nice marketing, what was probably set up by a marketer in the first place. It only proves once more, that a cute wrap sell about any crap.
As if this was not enough, the entire idea of this 1st thing ever that came up with this is stolen. It has been almost a year since the first collectible card game, a football manager game exists. It is a game which offers you the possibility to act like a football manager, setting football teams, for the future real football matches. And the ranking system from the game is based on the real results of the games. The top ranking managers get rewards in crypto and that's how the mining is being done.
Yes, it's a free game and that is the first crypto game that I know of. Their collectible football players cards are seen as your assets, which you own. The only one big difference is that this game can be played for free, since not all player cards must be bought. And you can win the crypto if you are smart enough.
Another thing that I learnt from both this projects is that FootballCoin, the football manager game is building its own blockchain, unlike CryptoKitties, just do THIS freezing blockchain situation never happens. A very big sign that the project has a vision and future plans for development, than a lucky shot the kittens have took.
No trying to convince anyone, just putting this out there... hoping one of those people who have bought digital pictures of cartoones cats will read it. Happy breeding.