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Produced by Daniel Aharonoff & Mogul Media AI

Coinbase Stock Rises: What It Means for Investors

Coinbase's Promising Trajectory Amid Market Shifts As the sun rose over the U.S. markets on Thursday, Coinbase appeared to bask in the glow of early trading optimism. With its stock climbing 5% to \(168.19, up from \) 160.38 at yesterday's close, it seems that investors are eager to capitalize on the favorable sentiment surrounding cryptocurrencies. The Rally in Crypto Stocks Coinbase's performance is emblematic of a broader trend among crypto-related stocks, which tend to thrive during significant market movements. Notably, Bitcoin has surged by 17% in the past week, currently trading at $52,171.71 according to CoinGecko data. This correlation between Coinbase and Bitcoin is not merely coincidental, as the exchange has often been a barometer of the cryptocurrency market's health. Key Stats: Coinbase Stock Price: $168.19 (up 5%) Previous Close: $160.38 Bitcoin Price: $52,171.71 (up 17% in a week) Coinbase Stock Gain: 21% since last week Anticipation
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Produced by Daniel Aharonoff & Mogul Media AI

Classic Games on Blockchain: A Nostalgic Adventure

Exploring the World of Classic Games on Blockchain

The concept of video games running on blockchains designed for digital money may initially seem perplexing, but with the advent of NFT-like protocols on these decentralized networks, classic games are now playable directly off the blockchain. Let’s delve into how this innovative technology works and the implications it holds for the gaming industry.

The Ordinals Protocol: Revolutionizing Media on Blockchain

  • The Ordinals protocol, introduced in early 2023, allows users to turn media into on-chain assets on Bitcoin, the original blockchain.
  • Unlike Ethereum and Solana, Bitcoin does not inherently support executable code like smart contracts, but Casey Rodarmor, the creator of Ordinals, devised a method to inscribe media onto individual satoshis.
  • This approach ensures that artwork, games, and apps on the Bitcoin blockchain are fully integrated into the chain itself, preserving them securely.

Diversification Across Blockchains

  • The success of Ordinals has spurred experimentation on Bitcoin, leading to the launch of fungible tokens using the BRC 20 token standard.
  • Other chains have emulated the Ordinals protocol, giving rise to similar functionalities on Dogecoin, Solana, Avalanche, and BNB Chain.
  • Doginals on Dogecoin and Ordinals-like assets on various chains enable users to inscribe entire applications on-chain, including full games accessible through web browsers.

Playability and Limitations

  • Classic games such as Pac Man, Zork, and Tetris are well-suited for inscription on Bitcoin, offering a nostalgic gaming experience.
  • While games on Bitcoin are relatively simple due to storage constraints, Dogecoin provides more space, allowing for a fully realized version of games like Doom that may not fit on Bitcoin Ordinals.
  • Playing these games on-chain mirrors the experience of web games, with users controlling characters or actions using standard input devices.

Preserving Gaming Legacy on Blockchain

  • The motivations behind inscribing classic games on blockchain vary, with enthusiasts, developers, and experimenters contributing to this emerging trend.
  • Some view blockchain as an immutable platform for preserving games, ensuring their availability through decentralized networks.
  • Projects like the Bitcoin Pizza collection, featuring a Super Nintendo emulator on Bitcoin, exemplify efforts to safeguard and make classic games accessible via blockchain.

As classic games find a new home on blockchain networks like Bitcoin and Dogecoin, their enduring presence promises a unique intersection of nostalgia and technological innovation. The ability to play these timeless titles directly off the blockchain underscores the evolving landscape of gaming in the digital age.

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