Regardless that Bitcoin is a lot bigger than Ethereum it isn’t the one blockchain to undergo scaling points: the ethereum community is presently experiencing a transaction backlog. The explanation for the commotion? Cats. Whereas the runaway success of Crypto Kitties has prompted widespread amusement, it highlights the vulnerabilities constructed into ethereum good contracts. When one ERC20-based mission goes viral, it dangers taking your complete community down with it.
Additionally learn: Blockchain-Based mostly Digital Artwork – Passing Fad or the Subsequent Large Factor?
Cybersquatting Kitties Trigger Carnage
As information.Bitcoin.com not too long ago reported, Crypto Kitties – a type of Beanie Infants for the blockchain era – has proved an sudden smash hit. Sadly, the mission appears in peril of changing into a sufferer of its personal success, having risen in a matter of days from simply four% of the overall community site visitors to 14%. This has resulted in a…