Exploring Liteverse.io: The first NFT marketplace on the Litecoin network with my first collection dedicated to the Mighty Mia Event #dancingforjoy + Quick Sign up and funding tutorial

Posted by on
As one true OG  Litecoin   enthusiast, I wanted to test the site, or better, the NFT marketplace  Liteverse.io  since its launch in 2022. At first, I claimed Litecoin Summit collectors NFT. But, for several reasons, the test of minting my first NFT got a bit delayed. But now I finally have the time and the need to make use of it for a larger cause. I am sad I procrastinated a little. As it would have been a great honor to be the first one to give it a try, but given my lack of technical skills to use just code to mint outside of a marketplace, waiting was a great idea since the site is super user-friendly and it's quality has improved considerably. I would say Liteverse.io is ready for the mainstream. Minting on it or acquiring an NFT on the Litecoin network is now a Piece of cake! In this article I will describe my experience, the reason why my first series of NFTs was created, and most importantly the advantages and disadvantages of creating an nft (Non-fungible Token) or an nft
1

Ethereum Classic (ETC) currently suffers a 51% hash attack and double spending is approaching $ 500,000 dollars.

Posted by on

According to Coinbase website today, January 5th 2019, a deep reorganization of the Ethereum Classic blockchain chain was detected. That included a double expense of over $400 thousand dollars. To protect client funds, Coinbase immediately stopped the movement of funds in the ETC blockchain.

 Coinbase will continue to monitor network status and more information will be announced on this page.

 Charlie Lee, the creator of Litecoin, commented on Twitter about the event. And warn of the dangers of investing in coins that are not dominat in respect to mining algorithm .


In the case of Ethereum Classic, the cost of an attack that causes 51% network hash rate control is only $ 5,000 per hour. A very low cost when compared to the cost of attacking Bitcoin, Litecoin and Ethereum.

 According to www.crypto51.app the hardware cost to attack Bitcoin network at its cheapest would be of $ 318,603 dollars. A much higher cost of attack than ETC, making the possibility of attack less feasible. Respectively, the cost of an Ethereum attack is $ 97,376. Also, to attack Litecoin the cost would be $ 22,074 per hour at the moment.

 To stay current at the cost of an attack for each currency crypto and also see the percentage of NiceHash-rate of each one go to the Crypto51 site and find an updated list.


By: MamãeCrypto

Comments

Post a Comment

BACK TO HOMEPAGE

Popular Posts

Image

Exploring Liteverse.io: The first NFT marketplace on the Litecoin network with my first collection dedicated to the Mighty Mia Event #dancingforjoy + Quick Sign up and funding tutorial

As one true OG  Litecoin   enthusiast, I wanted to test the site, or better, the NFT marketplace  Liteverse.io  since its launch in 2022. At first, I claimed Litecoin Summit collectors NFT. But, for several reasons, the test of minting my first NFT got a bit delayed. But now I finally have the time and the need to make use of it for a larger cause. I am sad I procrastinated a little. As it would have been a great honor to be the first one to give it a try, but given my lack of technical skills to use just code to mint outside of a marketplace, waiting was a great idea since the site is super user-friendly and it's quality has improved considerably. I would say Liteverse.io is ready for the mainstream. Minting on it or acquiring an NFT on the Litecoin network is now a Piece of cake! In this article I will describe my experience, the reason why my first series of NFTs was created, and most importantly the advantages and disadvantages of creating an nft (Non-fungible Token) or an nft
Image

My Top Earning Apps and Dapps - Updated List

  The options below are the products and services I use. These are platforms, apps, dapps, and softwares available in the marketplace today, that allow anyone to earn cryptocurrencies and CASH without any financial investment. FREE platforms and services that are easy, simple, and fairly safe to use, and earn. Some you probably have installed on your phone already/ Besides, the tokens and cash rewarded by these platforms can be withdrawn and/or exchanged for other cryptocurrencies, fiat money, or products. Most are also transferrable to a wallet. They are great tools to help you offset inflation. My mission is to create a passive crypto income stream with these unique applications. And I am on the course to doing just that at a steady pace. In the process, I enjoy sharing what I learn. And sharing what I learn became part of the process I guess. No matter what I enjoy the journey and have been earning Crypto Using these methods below. But despite me using these, before trying them out,
Image

Weekly Blockchain News with Mammycrypto Jan 14th 2023

What a fabulous week for crypto! Bitcoin went up from 16K to 21 K, and several alt-coins either started the race or followed suit. While this increase is an indication that the market is not dead. It is too soon to confirm that the bull market has returned. However, a clear indication that the market has consolidated, and volume is bound to come back.  As of now, it is pivotal to stay connected with the news and understand what type of headlines can affect the market. Bankrupting exchanges, large hacks, and hikes in US Federal Reserve interest rates are among some factors that have a direct effect on how the markets behave. The shake of 2022 was real. It crashed several institutional players and with it emptying the hands of millions of retail investors. The investors that do come back will eventually "come back" more educated about self-custody and decentralized finance.  Trust is built, but a greedy market comes in waves and they do not always coincide. When the market drai
Image

Notícia Urgente: Plataforma de David Chaum busca operadores de nodes brasileiros para o teste BetaNet

O padrinho das cripto moedas David Chaum busca brasileiros para operar e manter nós de sua nova plataforma Elixxir.  A solicitação para executar o lançamento de um "node" nó BetaNet da plataforma Elixxir de David Chaum está aberta até sexta-feira à noite, às 23h59 (horário padrão do Pacífico). A plataforma está buscando ativamente operadores de nó brasileiros para o teste BetaNet. Chaum e a equipe principal da Elixxir vêm apresentando a plataforma na Paris blockchain Week esta semana. Onde ficou claro que o Brasil é um componente crítico para ajudar a lançar um teste globalmente distribuído da rede BetaNet. O lançamento segue um processo de  seleção em seis etapas.  Inspirado pela padronização inicial da IETF na Internet e é orientado pelo feedback e pela seleção da comunidade. Os aplicativos estão disponíveis em português através dessa link: https://www.surveymonkey.com/r/MYQDZX6?lang=pt Chaum tem sido pioneiro em criptografia desde o final dos anos 1970. Quand

Disclaimer

My opinions are simply my opinions and not investment advice. I strongly recommend everyone investing or looking to earn or acquire cryptocurrencies to do their own research and get very educated about risks and security before acquiring, earning or investing. The content in this blog/ website is not investment advice. Please note that this web site also features sponsored content and referral affiliate links. Which means that when you click on some links and sign up for a product or service I may receive I small commission or credit for the referral. Most the the links also will give you an invite incentive that most often you would not receive if you do not use a referral invite link.

www.mammycrypto.com

MamaeCrypto Headline Animator

MamaeCrypto

↑ Grab this Headline Animator