In a Sept. 17 blog post, WAX announced that one of the largest dApps in the world, The Prospectors, is launching on the WAX blockchain, on which users buy physical and virtual items using WAX tokens.
The online real-time economic strategy game, Prospectors, will be launching on the Worldwide Asset eXchange (WAX).
This blockchain-based decentralized strategy game set during the 19th-century gold rush launched on EOS in late June 2019. Notably, the game’s designers plan for it to become fully autonomous over time.
Arielle Brechisci, Content Manager at WAX said that the game will launch on the WAX blockchain within the next few weeks, so that WAX Token holders and millions of OPSkins Marketplace customers can start playing the game, adding:
“The exciting game of strategy gives players endless opportunities to earn crypto gold by utilizing blockchain technology, where they can start a business and explore a world teeming with resources there for the taking.”
Cointelegraph reported in August that the United States District Court for the Central District of California issued a summons to video game virtual goods company OPSkins Group and WAX in response to a complaint filed by Crypto Asset Fund.
The complaint included 12 charges – including fraud, unlawful business practices and violation of the Securities Acts of 1933 and 1934. In particular, these concerned the accused’s initial coin offering of WAX tokens.
Redditor Claims Miner Controls 50% BCH Hash Rate, Asks to De-List BCH
An unknown Bitcoin Cash (BCH) miner was apparently in control of more than 50% of the token’s hash rate for 24 hours.
The miner seemed to mine 73 blocks from 10 am Oct. 24 to 10 am Oct. 25, to which Twitter user Notgrubles responded that this is the reason why “BCH is a security risk and a liability”, while asking to de-list the coin.
By controlling 50% of BCH hash rate, the unknown miner, or potentially miners, are not far off from controlling the entire network and the ability to do “nefarious things” as one Redditor eloquently said.
Redditor Bitmeister had perhaps the most interesting view on this recent event, by saying that it is likely that Bitcoin miners are experimenting with their otherwise useless BTC hashpower by pointing it at BCH.
At the end of September Bitcoin’s network hash rate dipped a record 40%. The flash drop remained unexplained and was all the more striking given the Bitcoin network’s record-breaking string of new all-time high hash rates throughout the summer.
Just days before, Cointelegraph had reported that Bitcoin’s hash rate had passed a record 102 quintillion hashes in a historic milestone.
A higher hash rate means greater competition among miners to validate new blocks. It also increases the number of resources needed for performing a 51% attack, making the network more secure.
In sync with Bitcoin’s sudden price boost yesterday, altcoin markets also entered the green zone, with BCH recording a massive gain of more than 15% on the day as of press time.
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