Bitcoin Bounty Hunt – Shoot Your Way To Satoshi Riches
Bitcoin Bounty Hunt is a new game built on Bitcoin and lets players win bitcoins, or maybe that should be satoshis. That’s right, you can earn free BTC playing games.
Think of Bitcoin and most people think of a decentralized and secure store of value, or a peer-to-peer payment network. However, thanks to the Lightning Network developers are now building games on Bitcoin.
Bitcoin Bounty Hunt is a first-person shooter that allows players to battle it out with others for bounties that can be exchanged for real satoshis.
Bitcoin Bounty Hunt
As with most first-person shooter games, players on Bitcoin Bounty Hunt battle it out in an online arena, but with one big difference: you can win satoshis.
Players search around the arena looking for bounties, known as Satoshi Cubes.
Of course life in the arena is dangerous as other armed players are also in there looking for the bounties.
If you come across another player you can expect a shootout to the death. It’s a harsh world on Bitcoin Bounty Hunt but the winner of the shootout will keep the riches of the other player.
The more loot you can muster, and the more bounties you can find, the more satoshis you will win.
The game makes use of the Lightning Network protocol, and because of Lightning’s speed and cost of transactions, it makes the game possible.
So, if you shoot to death another player and take his loot, the satoshis will be transacted immediately to your wallet. Sounds cool, huh?
The Game’s Economy
There is a bitcoin–less mode in which players can just play for points, but who wants that?
Or there’s a Bitcoin mode, which a player will deposit some sats into one’s Bitcoin wallet, and from there on in will be aiming to win more satoshis. It all depends on one’s level of success as a Bitcoin Bounty Hunter as to how many satoshis you will win or lose.
After a successful game, players can cash out to their wallet if they choose to.
To make the game’s economy more accessible, the game makers, Donnerlab, incorporated the Neutrino wallet, which accepts both traditional Bitcoin and Lightning Network payments, thus making the financial transactions in and out of the game as seamless as possible.
To help the game’s economy, and help fund development, the game aims to monetize through selling in-game advertisements, and is also open to donations, which can be set to help with development or to fund in-game bounties.
The Lightning Network
The Lightning Network is a layer two scaling solution for blockchains like Bitcoin, and transactions on Lightning can be made in milliseconds and at a fraction of a penny.
The main use of the Lightning Network is to make Bitcoin an everyday payment mechanism, and it is slowly growing with more merchant adoption.
However, it’s also being utilized for game development and makes games like Bitcoin Bounty Hunt possible on Bitcoin.
And as Lightning Network fully rolls out, it’s expected that many more games will start using the protocol to enable in-game BTC purchases and the potential to earn free Bitcoin.
Win Satoshis With Bitcoin Bounty Hunt
Bitcoin, or satoshis rather, represented as in-game assets are just the beginning of gaming on the Bitcoin blockchain. Many doubters still believe this isn’t possible, or that Lightning Network isn’t working.
Well, it might not be running to its early promise, but it’s early days and this is a significant step for the evolution of the layer two protocol.
And if Bitcoin Bounty Hunt is possible now, what will be possible in five years’ time?
Bitcoin Bounty Hunt is a promising start to gaming on Bitcoin, and although it might not have the graphic design of Call of Duty, yet, Call of Duty doesn’t have the option of Bitcoin, yet.
Players from anywhere around the world can enjoy themselves and see if they can outlast other players to win free satoshis.
Author: Tommy Limpitlaw
How can I earn free Bitcoin?
Nothing is really free, because even when you earn free Bitcoins you’re giving up your time, which is precious. But you can earn free Bitcoins. If you are a gamer, there are games that allow you to win satoshis. Or there’s Carrot – a platform where you can earn free Bitcoin for doing tasks. Or you can save your Bitcoin in an interest bearing account and earn some BTC interest. Be careful with these, and only go with legitimate companies, though. I recommend Blockfi, you can read the review here.
Where is the best place to buy Bitcoin
There are many great places to buy Bitcoin, and it all depends on your preference. You can buy on typical cryptocurrency exchanges, such as Kraken and Coinbase. Or you can buy from peer-to-peer Bitcoin marketplaces, such as Paxful and LocalBitcoins. You can also buy Bitcoin from Bitcoin ATMs. It all depends on your location and preference.
How many Bitcoins are left?
There can only ever be 21 million bitcoins. At the time of writing, there are 18,422,856 bitcoins in circulation. There are 6.25 bitcoins minted roughly every 10 minutes, so that’s 900 every day. The amount of newly minted bitcoins is cut in half roughly every 4 years, in what is known as the halvening. The halvening will continue to take place until the last fraction of Bitcoin is minted in around the year 2140.
Can you buy less than 1 Bitcoin?
Yes. Every Bitcoin can broken down into 100 million bits. They are known as satoshis, after the pseudonymous creator Satoshi Nakamoto. And some companies will let you buy as little as $1 worth of Bitcoin, which at time of writing is worth about 11,000 satoshis.