Minecraft Meets Bitcoin With ‘Satoshi Quest’ Treasure Hunt

Minecraft Meets Bitcoin With ‘Satoshi Quest’ Treasure Hunt
фото показано с : bitcoinist.com

2020-2-4 01:00

A new Minecraft server called SatoshiQuest has been launched, providing an online treasure hunt where the prize is real bitcoin. Players pay $1 in bitcoin to play, which is pooled into a prize fund for the winner to find. Rinse. Repeat. A New Way To Mine Bitcoin Each player has a unique in game wallet address linked to their Minecraft user ID. Buying a life in the treasure hunt costs $1, with bitcoin conversion rates being recalculated every 15 minutes. 90% of the money raised through entrance fees goes to the treasure fund, with 10% going to the developer to cover server costs. Active players then search the vast Minecraft landscapes in search of the hidden bitcoin treasure. When a player gets close to the treasure, their location is broadcast to the other players. This gives them a chance to still get to the treasure first, and supposedly will stop players camping on the loot spot. Although one would hope that there are enough loot spots to make this tactic unprofitable anyway. When a player finds the loot, they receive 85% of the fund, with 15% going back into the next round’s loot pot. All other players lose a life. All Transactions Are On Chain One thing that may put off potential players is the fact that all transactions are on chain. This means that every $1 entrance fee paid by a player will also require a transaction fee. While this is currently around $0.25-0.30, any increase in bitcoin price is likely to see fees rise again. It will be interesting to see how many people choose to enter when they are paying $1 or more in fees for every one dollar life they purchase. Multiple lives may be purchased at the same time however, to split the transaction fee between several plays. It may seem like this is crying out for a Lightning Network implementation, and the developer is certainly open to an LN fork, but has no experience with coding for LN himself. There was a Minecraft server denominated in bitcoin which used Lightning Network, called Bitquest, which featured in our ‘Top Lightning Apps’ article a year ago. Players were rewarded in Bits/Satoshis for killing monsters, and could also trade with other players or import from an outside wallet. While this was unfortunately closed down in the summer of last year, some of the code for SatoshiQuest was forked from that project. What do you think of this new SatoshiQuest Bitcoin game? Let us know your thoughts below! Images via Shutterstock The post appeared first on Bitcoinist.com.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 66604.87 (+0.17%)
Объем 24H $12.698b
Изменеия 24h: 0.48 %, 7d: -4.19 %
Cегодня L: $66040.86 - H: $66661.64
Капитализация $1312.872b Rank 1
Цена в час новости $ 9285.01 (617.34%)

bitcoin treasure hunt prize minecraft pay real

bitcoin treasure → Результатов: 51


New ‘Satoshi’s Treasure’ Game with a Million Dollar Bitcoin Prize is Forcing Players to Collaborate

Satoshi Treasure a new alternate reality game with $1million worth of bitcoins has hit the global gaming market, the firm revealed on April 15. The game, which many have likened to the bitcoin version of Ready Player One, a movie that revolves around a game that encourages teamwork is forcing players to collaborate, work together […]

2019-4-16 23:46


Фото:

Satoshi’s Treasure: The Chase Is on for a $1 Million Bitcoin Prize

A treasure hunt for $1 million worth of bitcoin is officially underway. In a cryptic, rambling message broadcasted to the Blockstream Satellite on April 13, 2019, an anonymous user challenged the rest of the Bitcoin community to a million dollar hunt for what they called “Satoshi’s Treasure,” a contest which will “test the resolve, courage, intelligence, and savvy [sic] of would-be hunters,” the game master claimed.

2019-4-16 23:28


В парижский мурал поместили головоломку на $1000 в биткоинах

К 10-летнему юбилею генезис-блока биткоина французский уличный художник Паскаль Боярт нарисовал мурал, в котором зашифровал головоломку на 0,26 BTC (около $1055). #StreetArt treasure hunt in Paris with a #Bitcoin puzzle For the 10th birthday of the genesis block, I painted this frescoe in Paris with a 0,26btc ($1000) puzzle in it. Here’s the public key: […]

2019-1-9 12:25


Фото:

PR: Titanic Explorer Joins PO8 – a Bahamian Company Using Blockchain to Recover Underwater Artifacts

Freeport, Grand Bahama – David Gallo, one of the most respected Oceanographers in the world has joined PO8, a marine archaeology start-up company in The Bahamas utilizing blockchain technology to unearth billions-worth of sunken artifacts and treasures from Bahamian waters dating back to the Spanish Galleon treasure ships of the Spanish Empire.

2018-7-7 12:30