Cats: When using Ethereum, the value of Steem becomes clear

in #steem7 years ago (edited)

I could not help myself today. I had to play the cat game. It was very very embarrassing to myself but I just had to do it. The urge was to much to understand how this latest rage is actually working.

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In case you haven't heart of what I am talking about there is a new game running on ethereum that is all over the news and generating 10+% of all the ethereum transactions. This should amount to about 70k or so transactions alone.

The game is stupid and cool

The game is imho very silly. You can buy a cat and multiply it with a different cat. Apparently this all happens in a smart contract. I have not seen the details of how this works or seen it being explained anywhere. If you know someone or link that explains the architecture and smart contract design i'd be very interested.

It is a crappy game with crappy game experience.

BUT! It is using ethereum to guarantee ownership and to create a true market for the digital item that is a cat in this case with unique attributes. That is amazeballs and something other games cannot offer. As such I am sure someone will take care of the flaws of the game and this will lead to many copy cats and some succefull innovators that will take this concept and make something better out of it.

As such this ought to be embraced by the crypto community. And studied and improved.

First cool DApp?

This is also something that for the first time looks like a potential app ontop of ethererum, with a real company designing a game and making a profit off of it. Unlike other games that only cost money this game also generates value for its players, if they are smart that is.

Sweet.

Scalability is an issue

The game however has two scalability issues. First it does not work because transactions on ETH with metamask are just pure horror. It is worse than trading on Kraken!!!

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Even though I constantly overpay in ridiculous amounts and act like money does not matter to me, I still can't get transactions to work. It is simply annoying when things don't work even though one is paying a few $ per transaction.

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The 2nd scalability issue is the game itself. You can only have a somewhat decent user experience if you pay a few hundred dollars or more per cat, else your first experience is all about waiting hours or days. Even if you spend $50-100 on your first two cats.

As such the game is not designed to work with many or few players and needs a certain amount of players to work well.

Thank god for steem

This was a great experience to learn from today. But most of all it showed me again how amazing the functionality is that steem has brought to the market for such a long time already.

  • We have 3sec tx, and tons of users that every day have no problem using this blockchain without paying anything.

  • we have the only working pegged currency, SBD that i would have no problem holding in my wallet over long periods (yes steem is failing to capitalize on this)

  • we have an absolute useful app, with a new monetization system that trumps existing business models. Unlike this cat game which is not going to compete long term with real games.

Steem has things to work out, but overall today showed me how valuable steem actually is and why I keep holding and earning it. Again.

Happy Steeming!

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Lol. This is the first I've heard of this game. Although I suppose it illustrates how a smart contract functions, as you rightfully point out, the difficulty, slowness, and expense of playing this cat game pretty much relegates it to the novelty category. Of course that won't keep the Ethereum crowd from making huge publicity over it. 🤔

This just proves ethereum is not capable to handle big transactions and need more scability, the game is like flappy bird, stupid, addicted and treding

@knircky, it is funny that cats are ruling the day!

Although I am not much of a cat person it is cool to think about a game being built on top of the blockchain.

It makes me wonder what is next. I guess we will just have to wait to see what the next latest rage will be .

Thanks for sharing!

Every day there new things pop up. Like this crypto currencies that the value is really high.

I just had to play as well. Needed to see what all the hype was about. I will say, I learned alot about how smart contracts and gas limits work. It was a great introduction to how things work for me, but I'm unimpressed with the issues such as timed out requests due to high volume in the network. Makes me worry that maybe eth isn't going to be able to scale to mainstream levels. I got my cats a few days ago so I didn't spend much, and it looks like right now I could (try) to sell them for double what I paid. But I'll hang on to them for now. They're cute, but I don't have hours to wait around for smart contracts to execute. :(

I feel like this is a game where one needs to figure out how to get in and out at a profit. Good luck!! Fully agree with your sentiment

Hopefully things calm down soon so I can do some successful transactions. 😑
I'm pretty new to crypto and still learning, but the volatility of the network is blaringly obvious to me. I truly hope the devs working on it achieve success, it can be a great tool and useful for more than just virtual cat breeding. 😂

Ha, worse than trading on kraken, that says it all :-)

Ya had horrible problems closiong a position today again.

Your wallet looks like mine, how insane! We have to pay fees for all these transactions that do not even go through! Ugh! We need to start trading them here on steemit.

Did I miss something. I really didn't hear about it.. I will check it out. I am happy with steem. My project is actually to enhance a existing freeware game with the steem blockchain.
https://steemit.com/utopian-io/@rival/designer-for-logo-for-steemgame

If you know someone who could help me with it it would be great.. a bounty of $20 didn't help either..

I would love to have your witness vote as this can help me to reach my dreams.
Vote for rival

u have my vote

Thx so much. This is so appreciated

I am new here so I am still on the process of how to steemit well. Enjoy your day and God bless you my friend.

I havent looked into this etherium cats game too much, just heard about it yesterday but it seems like such a cool blockchain application! Imo there needs to be more “games” like this, I think it could really revolutionize gaming!

I looked into it today... a real clever idea... which gen cat do you have... I see prices of a gen 0 that are ridiculous..

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