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

How StarsHash is Driving Telegram's Success

user avatar

by Giorgi Kostiuk

a year ago


For the first time, Telegram is set to become a profitable platform, thanks in part to its successful affiliate program and high-quality mini-apps like StarsHash.

What is StarsHash?

StarsHash is a mining-based mini-app within Telegram, allowing users to earn tokens by utilizing their device's computational power. It employs an adapted version of Ethereum’s Ethash algorithm to ensure efficiency and accessibility. With a capped token supply of 10 billion, the platform will distribute tokens via the TON blockchain post-mining.

How Does StarsHash Work?

Users can engage in mining with a single tap on 'Start Mining.' The platform uses device computational power to solve cryptographic puzzles. Main and shared rewards are distributed to participants, while energy used in mining is replenished over time or can be purchased in-app.

Key Metrics and Achievements

Since its launch on December 13, 2023, StarsHash has shown remarkable growth: over 1 million users have engaged with the app, more than 6,000 active miners are involved in the ecosystem, and over 19 million Stars have been spent, indicating user readiness for in-app purchases.

StarsHash exemplifies the potential of Telegram’s affiliate program, combining blockchain innovations with a user-friendly approach, and presenting a model for profitable growth.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Cardano's Price Faces Bearish Conditions Amid Development Surge

chest

Cardano's price remains in a multi-year bear cycle despite significant development activity, with predictions of a drop towards 0.10 by the end of the year.

user avatarTando Nkube

Cardano Emerges as Leading Blockchain in Development

chest

Cardano has emerged as the leading blockchain in development, controlling over 89% of the total Layer 1 share and surpassing major chains in code commits.

user avatarKofi Adjeman

XRP Positioned to Transform Crypto Sector and Challenge Traditional Finance

chest

Market expert Vet claims XRP could accelerate DeFi adoption and challenge TradFi systems.

user avatarSatoshi Nakamura

Flare Co-Founder Critiques XRP Claims Amid DeFi Debate

chest

Hugo Philion, co-founder of Flare Network, critiques Vet's claims about XRP's superior protocol design, emphasizing the need for thorough testing and highlighting ongoing debates in the crypto community.

user avatarNguyen Van Long

Lido Finance Proposes Recovery Plan for rsETH Shortfall

chest

Lido Finance has proposed a recovery plan to address the rsETH shortfall following a significant hack, aiming to support affected users and limit broader spillover effects.

user avatarJesper Sørensen

XRP Withdrawal Transactions Plummet to Record Lows

chest

XRP withdrawal transactions on Binance have plummeted from over 8,000 in mid-April to about 12 recently, indicating a potential shift in market behavior.

user avatarRajesh Kumar

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.