• Crypto Lists
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Altcoin
  • Advertise With Us
  • Join our Telegram Community
Newsletter
ItsBlockchain
  • Bitcoin
    Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

    Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

    Bitcoin ETFs could have the same result as CME group futures launch in 2017

    Bitcoin ETFs could have the same result as CME group futures launch in 2017

    featured image

    How Bitcoin can be hacked?

    keep bitcoin safe

    Keep Your Bitcoins Safe: All You Need to Know About Crypto-Cyberthreats

    featured image

    Bitcoin IRA – Everything You Need to Know

    A trillion dollar tsunami is about to hit Bitcoin

    A trillion dollar tsunami is about to hit Bitcoin

    featured image

    Why Bitcoin will always be the number one cryptocurrency? Explained

    Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

    Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

    On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

    On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

    Trending Tags

    • Crypto Gems
    • NFT
    • DEFI
    • Crypto Lists
    • Altcoin
    • Crypto Market
    • Guide
    • IBC Capital
    No Result
    View All Result
    • Bitcoin
      Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

      Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

      Bitcoin ETFs could have the same result as CME group futures launch in 2017

      Bitcoin ETFs could have the same result as CME group futures launch in 2017

      featured image

      How Bitcoin can be hacked?

      keep bitcoin safe

      Keep Your Bitcoins Safe: All You Need to Know About Crypto-Cyberthreats

      featured image

      Bitcoin IRA – Everything You Need to Know

      A trillion dollar tsunami is about to hit Bitcoin

      A trillion dollar tsunami is about to hit Bitcoin

      featured image

      Why Bitcoin will always be the number one cryptocurrency? Explained

      Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

      Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

      On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

      On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

      Trending Tags

      • Crypto Gems
      • NFT
      • DEFI
      • Crypto Lists
      • Altcoin
      • Crypto Market
      • Guide
      • IBC Capital
      No Result
      View All Result
      ItsBlockchain
      No Result
      View All Result
      Home Blockchain

      What’s EOS life like after ERC20 wallets?

      Hitesh Malviya by Hitesh Malviya
      December 26, 2018
      in Blockchain, Press Release
      0 0
      0
      EOS Blockchain
      22
      SHARES
      136
      VIEWS
      Share on FacebookShare on Twitter

      In June 2018 EOS introduced a brand-new blockchain architecture to the world designed to enable vertical and horizontal scaling of decentralized applications. The software synchronizes accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores or clusters. The resulting technology is a blockchain architecture that has the potential to scale up to millions of transactions per second, eliminates user fees, and allows for quick and easy deployment of decentralized applications. This consensus mechanism has 21 block producers instead of the large number of miners used in proof of work models. No one has ever come this close to optimizing the traditional fee model and the concept of off-chain tokens in cryptocurrency due to the difficulties with validation mechanisms. No one but EOS.

      The next generation’s blockchain

      It is fair to point out that before the aforementioned changes happened, EOS used to be a part of the Ethereum blockchain. Thus, when the iconic EOS software was launched, the need for ERC20 wallets, as a part of the Ethereum blockchain, vanished. From that moment on, EOS has had its own set of wallets, as impressive and revolutionary as EOS itself.

      Before getting to experience EOS wallets, one has to have an EOS account. And to create an EOS account one has to use a pre-existing EOS account. Sounds confusing? Bear with us. An EOS account is a human-readable name, 12 characters long, that is stored on the blockchain. To get an account you can use one of the many third-party applications and services on the web. But be careful. Choose your account facilitator responsibly and do your research on a company before you do business with them. We always recommend reaching out to a company on telegram to make sure they are legitimate before you agree to anything with them.

      The next generation’s wallet.

      Blockchain Cuties released the first EOS in-game wallet which has the functionality and capabilities of the best EOS wallets and then some. Blockchain Cuties’ in-game wallet opens up the EOS blockchain for players and brings the in-game wallet’s ease-of-use to the masses. Plus developers are always improving the overall game experience.

      Blockchain Cuties is the first cryptocollectible game which supports 2 blockchains simultaneously – Ethereum and EOS. It is also famous for its strong emphasis on different combat mechanics. Players get to breed unique blockchain pets as puppies, lizards, bear cubs, cats and other real and fantasy creatures. Each Cutie has a unique genome which is basically an analog for human DNA. While breeding, AI is responsible for coming up with a special combination of different genes to create attributes like hair, mustache, and eye color. These characteristics will directly affect the Cuties when players send them to test their skills in battles or place them in the marketplace for sale.

      5 reasons why

      1. Create an EOS account in less than 2 minutes. It can be done for just $5 (cheapest there is). The EOS’s transaction speed is legendarily fast. This makes the gaming experience smooth and pleasant and doesn’t put unnecessary constraints on users’ time. EOS blockchain being implemented in the game means the process of breeding, buying, selling and sending Сuties on adventures occurs continuously. Blockchain Cuties has one of the biggest active communities in crypto gaming, recently reaching second place in DappRadar’s blockchain games rating. They’ve proved their credibility, now it’s your turn to put a check next to their name.
      1. An EOS wallet allows players to login in the game, and to do so they need to import their private key. It stands to mention that the private key is stored locally so players don’t have to worry about security.
      1. To to up the in-game balance, funds can be transferred through a trading platforms like BestRate directly to the in-game wallet.
      1. The game practices community-driven development by always communicating with its players and implementing their suggestions into the game. By taking part you not only get to join the EOS blockchain community, you also have the opportunity to contribute to the improvement of the game itself.
      1. For those who need time to adjust to brand new things, going forward there will be a couple more EOS wallets implemented in Blockchain Cuties like Scatter. Scatter is a compatible desktop wallet and it comes with a chrome extension as well. There are always choices with crypto.

      Good Read Eden vs EOS

      The power of the in-game wallet.

      The tenets of security and transparency that form the backbone of the EOS blockchain philosophy lie at the heart of Blockchain Cuties and in-game wallets have been tailored to adhere to these principles. The in-game wallet is available both on the desktop and mobile devices as well for all browsers and OS. Blockchain Cuties was engineered for growth, so there are no restrictions on the number of transactions players can execute. The EOS in-game wallet is there to remove friction and facilitate this growth.

      What else to expect

      In the foreseeable future, the in-game wallet of Blockchain Cuties will implement seed phrases (sometimes called “mnemonic phrases”). It means that the in-game wallet software will typically generate a seed phrase and instruct the player to write it down on paper. If the player’s computer breaks down or their hard drive gets corrupted, they could download the same wallet software again and use their paper backup to get their EOS wallets back.

      Blockchain Cuties’ EOS wallet has fully integrated with the features available in the EOS.IO software. Soon enough this wallet will extend beyond the game to compete with any other familiar EOS wallets.

      Sponsored Post

      Also, Read BCH Hardfork Sparks Hash Wars

      [bctt tweet=”What’s EOS life like after ERC20 wallets? In-game wallets we trust.” username=”ItsBlockchain”]

      Subscribe to biggest crypto news aggregator so you don’t miss any news on Telegram

      Hitesh Malviya

      Hitesh Malviya is the Founder of ItsBlockchain. He is one of the most early adopters of blockchain & cryptocurrency enthusiast in India. After being into space for a few years, he started IBC in 2016 to help other early adopters learn about the technology.
      Before IBC, Hitesh has founded 4 companies in the cyber security & IT space.

      IBC-Transparent-Logo-(1)

      Subscribe To Our Newsletter

      Join our mailing list to receive Cryptocurrency investing and trading recommendations to your mailbox.

      You have Successfully Subscribed!

      Tags: blockchain futureeoseos blockchaineos life after erc20 walletsERC20 walletsin-game walletsIn-game wallets we trust.next generation walletspower of in-game walletsWhat's EOS life like after ERC20 wallets? In-game wallets we trust.
      Share15Tweet3Share1

      Subscribe to get notified on latest posts.

      Unsubscribe

      Related Posts

      Polygon: The Swiss Army Knife of Web3

      Polygon: The Swiss Army Knife of Web3

      by Shubh M
      May 27, 2023
      0

      The extraordinary ascent of Polygon Labs commenced with the collaborative efforts of its founding team, Jaynti, Snadeep, and Anurag, who...

      Worldcoin: The Biggest Crypto Scam or Innovation?

      Worldcoin: The Biggest Crypto Scam or Innovation?

      by Guest Author
      May 18, 2023
      0

      With a mission to bring crypto to the masses, Worldcoin aims to become the first truly global digital currency. Its...

      What Blockchain Can Learn From Barnes & Noble and the Jacksonville Jaguars

      What Blockchain Can Learn From Barnes & Noble and the Jacksonville Jaguars

      by Zach Hirsch
      January 17, 2023
      0

      With the convergence of AI, AR, VR, and blockchain now making alternative realities possible with web3, it’s a cool time...

      Modular Blockchains: The Next Big Thing in Web3

      Modular Blockchains: The Next Big Thing in Web3

      by Aniketh Paul
      December 12, 2022
      0

      Modular blockchains focus only on specific tasks and offload the rest to other layers. Celestia is one of the examples of such blockchain projects....

      Tezos Blockchain is Always Under the Radar but Continues to Excel

      Tezos Blockchain is Always Under the Radar but Continues to Excel

      by Karthik Guttha
      November 22, 2022
      0

      What is Tezos? A Detailed Review When you think of smart contract platforms running on public blockchains, Solana and Ethereum...

      Load More

      About Us

      We curate the best cryptocurrency projects with the intention of adding value for investors through the process of selecting, organizing, and looking after different projects available in the cryptocurrency market.

      • Trending
      • Comments
      • Latest
      featured image

      List of leading partners of Ripple, and How they use XRP?

      February 2, 2021
      Be warned! Hackers are abusing API keys and stealing your funds

      Be warned! Hackers are abusing API keys and stealing your funds

      June 15, 2021
      featured image

      The Top Three Crypto Market Trading Strategies Everyone Should Know About

      July 20, 2020
      bitcoin whale

      A Mysterious Bitcoin Whale who sold 3000 Bitcoins at 58K$, Bought back 3521 Bitcoins in the last three days

      May 20, 2021
      Lens Protocol: Everything You need to Know

      Lens Protocol: Everything You need to Know

      November 18, 2022
      Hacking attacks on cryptocurrency exchanges

      Hacking Attacks on Cryptocurrency Exchanges are rising, Why?

      January 10, 2020
      featured image

      What the Top eToro Traders Are Making, and How You Can Make That Too

      May 4, 2020
      Polygon: The Swiss Army Knife of Web3

      Polygon: The Swiss Army Knife of Web3

      May 27, 2023
      Worldcoin: The Biggest Crypto Scam or Innovation?

      Worldcoin: The Biggest Crypto Scam or Innovation?

      May 18, 2023
      EIP-4844 Explained | The Biggest Ethereum Upgrade

      EIP-4844 Explained | The Biggest Ethereum Upgrade

      February 7, 2023
      What Blockchain Can Learn From Barnes & Noble and the Jacksonville Jaguars

      What Blockchain Can Learn From Barnes & Noble and the Jacksonville Jaguars

      January 17, 2023
      RINO Enterprise Wallet launches free Community Edition

      RINO Enterprise Wallet launches free Community Edition

      January 14, 2023
      Top 5 DeFi Projects on Tezos

      Top 5 DeFi Projects on Tezos

      December 26, 2022
      Modular Blockchains: The Next Big Thing in Web3

      Modular Blockchains: The Next Big Thing in Web3

      December 12, 2022
      • Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

        Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

        29640 shares
        Share 11845 Tweet 7403
      • A Mysterious Bitcoin Whale who sold 3000 Bitcoins at 58K$, Bought back 3521 Bitcoins in the last three days

        9936 shares
        Share 3974 Tweet 2484
      • Top 10 Low market cap altcoins to invest in 2021

        7274 shares
        Share 2908 Tweet 1818
      • Top 10 NFT Crypto Projects You Should Know

        7258 shares
        Share 2624 Tweet 1640
      • List of leading partners of Ripple, and How they use XRP?

        6178 shares
        Share 2471 Tweet 1544
      ItsBlockchain

      We are India’s first and oldest Blockchain & Cryptocurrency publication platform started in 2016. We are a one-stop destination for technical analysis, cryptocurrency recommendations, and Blockchain technology resources.

      Buying Guides

      • Buy Bitcoins in India
      • Buy Bitcoins in China
      • Buy bitcoins in Russia
      • Buy Bitcoins in Japan
      • Buy Bitcoins in Turkey

      Important Links

      • Home
      • About US
      • Privacy Policy
      • Promote Your ICO
      • Submit post

      Follow Us

      Contact us

      support@itsblockchain.com

      © 2020 itsblockchain.com - Designed and maintained by Fanatic Coders

      No Result
      View All Result
      • Bitcoin
      • Crypto Gems
      • NFT
      • DEFI
      • Crypto Lists
      • Altcoin
      • Crypto Market
      • Guide
      • IBC Capital

      © 2020 itsblockchain.com - Designed and maintained by Fanatic Coders

      Login to your account below

      Forgotten Password?

      Fill the forms bellow to register

      All fields are required. Log In

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.