As a seasoned analyst with years of observing and navigating the intricate world of blockchain technology, I can’t help but appreciate the innovative approach taken by Hamster Kombat with their Mintless Jetton system. While it’s been a rollercoaster ride for users eagerly anticipating the $HMSTR airdrop, this strategic move to prevent network congestion during mass distribution is a testament to Hamster Team’s foresight and technical prowess.
In simpler terms, the team behind the Hamster Kombat game, which recently distributed a small amount of cryptocurrency through an airdrop, has introduced another step for users. To officially record these tokens on the blockchain, users are now required to move their tokens.
The Hamster Token was distributed via the one-of-a-kind Mintless Jetton system, jointly developed with The Open Network (TON). This innovative setup allows players to view their token holdings within their digital wallets. However, the tokens are only created and recorded on the blockchain once a transfer is initiated by the player.
To avoid overwhelming the TON network during the large-scale distribution, it’s a tactical approach to transfer tokens prior to their creation on the blockchain. Given that there are approximately 131 million potential recipients, traditional minting methods would lead to heavy congestion, causing delays in transactions and increasing transaction fees.
The Mintless Jetton system addresses this issue by delaying the minting phase, enabling users to acquire and save tokens without triggering instant blockchain transactions directly.
Hamster’s team encourages users to collect their tokens, as they suggest that upcoming updates will incorporate elements needing HMSTR tokens for usage.
Instead of the massive token distribution expected from what was touted as the biggest airdrop in the cryptocurrency world, the reality fell short for many users, who found themselves receiving only a minimal number of $HMSTR tokens.
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2024-10-03 19:16