• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
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Niftydudes

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Blockchain
Ethereum
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News

Comparing Security Mechanisms: PoW vs PoS

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The ongoing debate between Proof of Work (PoW) and Proof of Stake (PoS) highlights the distinct security mechanisms each model employs.
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Li Weicheng

OpenAI's Valuation Soars Following ChatGPT Launch

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OpenAI's valuation has skyrocketed from $14 billion to an estimated $500 billion since the launch of ChatGPT.
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Tando Nkube

Economic Shifts and Job Market Changes After ChatGPT

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The introduction of ChatGPT has led to significant shifts in the economy and job market.
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Kofi Adjeman

What is Niftydudes?

Most crypto collectibles work the exact same way. Someone chooses a topic, then randomly auto-generates or manually creates a bunch of NFTs while using some rare and some common traits and that's it. Niftydudes, on the other hand, involves the users in the creation process by giving them free choice in the combination of traits. Instead of offering a pregenerated token set, Niftydudes allows to create your own character based on a set of traits. You want a Niftydude with a specific hairstyle and clothing? Just choose the combination you like and mint him. You can even have different layers. You want your Dude to wear underwear over his pants? No problem. Well, you might ask how trait scarcity is ensured if anyone can just mint a combination they like. Each time a dude is created, a trait is being removed from the list of available traits. Well, not exactly each time, because it can happen that a trait gets selected for removal that has already been removed before. In this case no trait is being removed. This way the removal of traits slows down with every new Niftydude being minted. Using this approach it is impossible to know which of the available traits will be common and which will be rare. Some traits will be commen, some traits will be very rare and some might not be used at all.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.