Bitcoin is the Best Crypto for Gaming, with 47% Domination
Many of us thought that with new cryptocurrencies, the world of blockchain gaming would adopt diverse cryptocurrencies. However, after the crypto winter, it turns out that most of them went bust before the end of crypto winter.
Lately, Bitcoin has emerged as the strongest candidate in crypto gaming. Here is a list of 27 such games. Its features make it a first choice for crypto gamers and game developers, such as security, global acceptance, easy integration, and many other factors.
1. 47% Bitcoin Market Domination
Bitcoin still dominates about half of the crypto market cap. Recently it has been soaring in price and has crossed the much-awaited $30k psychological resistance. It has gained more than 47% growth in the past 30 days. We expect it will rise further in the coming days as several technical indicators clearly point towards a new high before 2025. Another reason for being bullish on BTC is the prediction of $1 million pricing by ex-Coinbase CTO Srinivasan. Although the price of $1 million might be an exaggeration, his analysis of the collapse of several US banks and people's flight to cryptocurrency as a safe haven is very much sensible.
2. Ultra-Secure Network
The Bitcoin network is perhaps the safest blockchain network. Players, gamers, and game developers can easily integrate Bitcoin into their systems through several solutions like the Lightning Network. BTC relies on a secure independent network that is run by miners. To gain control over the network, one has to own more than 50% of its computing power. The network currently has a computing power of 330 million TH/s, while Bitmain Antminer S7, one of the most powerful ASIC miners, has a hash rate of just 0.009 TH/s. This makes it impossible for anyone to overtake the network.
3. Low Costs with Lightning Network
Lightning Network is a fast, reliable, and secure scaling solution for BTC. It has nearly negligible transaction costs. Further, as discussed above, it can be easily incorporated with any store, gaming network, online shop, or in-game purchases too. Game developers need not build an additional blockchain or pay high transaction costs. They can easily integrate it with their game. THNDR Games is one such gaming company that has integrated the Lightning Network and lets users win Bitcoin in the game.
4. Global Acceptance
Every cryptocurrency user knows very well about Bitcoin. Therefore, to onboard the maximum number of gamers using Bitcoin as the in-game crypto makes much more sense than creating separate crypto for gaming and then asking people to trust it. Bitcoin is easily trusted, has a secure network, appreciates in value over time, and is easy to store. All these characters make it the perfect cryptocurrency for gamers.
Final Words
Developing a blockchain game is already a very complicated task. However, a portion of it can be made easy byadding Bitcoin as the base currency in the game. It is the most secure, trusted, and reliable candidate for in-game usage. Further, players would love it because it can be easily taken off the game and stored in someone's personal vault.