KITTIES PARTLY TO BLAME FOR NO NEW ETHEREUM "DEPOSIT ADDRESSES" ON BITTREX

in ethereum •  7 years ago 

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Bittrex has temporarily suspended the creation of new Ethereum deposit addresses due to the hottest blockchain game at the moment and Gas

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Who would have ever thought that kitties and gas go together in one sentence. Welcome to 2018! Let Me explain.

Ethereum is a blockchain app platform conceived circa 2014 and launched 2015. Ethereum uses Gas as the transaction fee paid by decentralized applications to execute operations.

On November 28, 2017, the hugely successful CryptoKitties Official game launched and it's estimated to be responsible for nearly 15% of all transactions processed on the Eth blockchain for the past 1,500 or so blocks.

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All this making and trading kitties plus trading platforms (like Ethdelta and Ethfinex) buying, selling, and transferring cryptocurrency requires Gas and Vwala Ethereum has network congestion.

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All this congestion has lead Bittrex to temporarily suspend creating new Eth deposit addresses.

Sorry guys.

Here's more information on Gas https://www.cryptocompare.com/coins/guides/what-is-the-gas-in-ethereum/

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I have to laugh a little bit. I never thought in 2018 we would be talking about internet money and digital beanie babies, bahaha. Between crypto kitties and dogecoin, sometimes I have to ask myself if this is all even real? What is 2018 even? Ahhhhhh! :)

It is funny! lol

Fucking cats.