Earn free Nft's and put them to work for you!

Womplay.io  Today I'm going to be taking a look at womplay.io a website dedicated to play to earn wombucks and nfts. Upon first glance the website is beautifully designed and easy to navigate. It has a very straight forward reward system. It has detailed missions so you know exactly what you have to do to make your earnings. It has a wide variety of games with both crypto rewards and Nfts. Lets go over more of these features shall we?   For the sake of this article i chose dinosaur park for my first game. It offered wombucks rewards and an nft after 4 hours of playtime and upon reaching level 15. After 4 hours of interacting with this game i did indeed earn an nft. When i did i learned of this other amazing feature. You can stake your nft to win more rewards in the dungeon master game.  I used the mobile platform for my usage and downloaded the mobile app for this feature (the mobile app is only a wallet and a place to control your dungeon all other activity is done ...

Ethereum 2.0 what you should know

 What is Ethereum 2.0 otherwise known as serenity? It is a massive upgrade to the Ethereum blockchain that has been in production since 2014. It is going to usher in a new way to verify transactions. The way transactions are processed now is thru proof of work or PoW. Through a process called mining, miners use equipment to solve mathematical equations to validate the transactions. It is a huge energy sucker and as such is already being regulated. What the ether2 update is going to integrate is proof of stake or PoS consensus mechanism. Instead of complex hardware and solving equations, validators will simply have to stake or lock up a set amount of their balance. This new process hopes to address one of the major concerns surrounding cryptocurrency, energy consumption. To bring peace of mind to the concerns. As Ethereum has grown into the coin it is today it has become abundantly overcrowded and as such makes it difficult to manage all the transactions from users all around the globe. Ether2 is going to boost the transactions capacity by an exponential amount and is estimated to reduce the cost of electricity required by 90%. A major result of the switch will be the network becoming overall more secure as we make the transfer from mining to staking. 

So how does it work? Right now transactions are verified on the blockchain. Ether2 is going to increase the amount of lanes transactions can pass thru by adding "shard chains". These shard chains are hoped to increase capability and scalability by allowing transactions to run in a parallel fashion as opposed to a consecutive one. This will give ether the ability to handle much more transactions per second or TPS. The high cost of Ethereum transactions is one of the most aggravating aspects of this coin ether2 hopes to change that by making the process easier in keeping the network from getting bogged down with unprocessed requests that result in miners demanding higher gas fees. The staking method of verification is going to be a new chapter for Ethereum that we are all looking forward to.

When is it going to release? While its hard to know an exact date we do know that we've gone thru a few different phases of this process. The very first phase began on December 1st 2020 with the launch of the beacon chain. There are two more phases until launch and its expected to finish these phases by 2023. Last week Ethereum merged to be on the kiln testnet paving the way for what is to come with the future of proof to stake. Ethereum rose 13% in these last weeks as the anticipation for ether2 grows in number. Its expected Ethereum will grow significantly in popularity with the launch of the new upgrade ushering in new possibilities for the coin. Until then the anticipation will only continue to rise.

Should you stake? Your contributions to the community will overall help the ecosystem. I have personally been staking for months prior. You should do the same.

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