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Over the last year or so, you have probably heard about Bitcoin. Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. Bitcoins exist on something called the blockchain, a digital ledger in which transactions made in a cryptocurrency are recorded chronologically and publicly.
Today, we are proud to announce Egg Cave's own version of a cryptocurrency called CryptoCoins. It will replace both Egg Coins and CaveCash as something that is technologically superior. CryptoCoins (CC) will be an ERC20 token that runs on the Ethereum blockchain app platform.
To get started, you will need to begin familiarizing yourself with blockchain technology. You will need to understand that your CryptoCoins (the new currency at Egg Cave) will have both public and private keys. When someone sends you CryptoCoins over the blockchain, they are actually sending them to a hashed version of what's known as the “public key”. There is another key which is hidden from them, that is known as the “private key.” This private key is used to derive the public key. You can know your own private key, and everyone else on the blockchain knows their own private key, but the private key should not be shared with outsiders (that is, unless you want your CryptoCoins to be stolen!). Anyone who has access to your private key can access your funds.
What's cool about this: Egg Cave is no longer the centralized bank or distributor of Egg Coins or CaveCash. You control your own currency and Egg Cave can't tell you what to do with your tokens! Your tokens are also not subject to things like downtime or glitches at Egg Cave. They are yours and yours alone!
The value of CryptoCoins will be tied to the US dollar. The exchange value will change over time which means you could gain or lose value. This means that you will be obligated to report your CryptoCoin capital gains on your taxes to whatever country you're currently living in. If you're in the US, please see Form 8949 with the IRS.
We understand that this is a pretty big change but are confident that, with such loyal players like Egg Cavers, that it will be a piece of cake for you to figure out.
Everything that we've talked about thus far is the easy part of cryptocurrencies like CryptoCoins. From here, it gets a little bit more difficult (i.e. what is my wallet address? What is another user's wallet address if I'm not sending to their Egg Cave username? What programming language are smart contracts written in so I can trade?). If understanding this has been too difficult so far, we're sorry to inform you that you may not be able to continue playing Egg Cave because its currency might be too advanced for you.
Egg Cave will manage your CryptoCoins wallet. In preparation for these changes, please visit eggcave.com/cryptocoins and click General Public/Private Key Pair. Using these keys, you can then generate your wallet addresses which is where Egg Cave users will be sending you CryptoCoins. Remember to keep your private key safe and never share it with anyone (unless you want to your coins stolen!).
To celebrate Egg Cave's evolution to a more secure, inflation-proof currency, the Crypto has appeared in the Cave. Find it there for a limited time (through the end of the month, April 30)!
solaris • 1 Apr 2018, 12:03 PM
Hahaha!
icecloud101 • 1 Apr 2018, 12:03 PM
@ian, does that mean we have to pay real money to get CC and EC?
bingo • 1 Apr 2018, 12:04 PM
*snorts laughter*
solaris • 1 Apr 2018, 12:04 PM
I just noticed the taxes part! Can you imagine? XD
icecloud101 • 1 Apr 2018, 12:05 PM
i dont get it
wigglytuff • 1 Apr 2018, 12:07 PM
@icecloud101 it’s april fools.😊
icecloud101 • 1 Apr 2018, 12:07 PM
@wigglytuff CC?
isathebelle • 1 Apr 2018, 12:07 PM
I don't understand at all !!!Btw I never heard of bitcoins ☹️
prairie • 1 Apr 2018, 12:07 PM
Lol xD I love the Crypto's loyal pet ant
icecloud101 • 1 Apr 2018, 12:08 PM
@crown me too....i am so confused? is this really happening? i dont like this idea much.........
bang14982 • 1 Apr 2018, 12:09 PM
Wait, is the new creature part of the joke?
magenta • 1 Apr 2018, 12:10 PM
Guess I’ll have to quit eggcave because I don’t understand these rules ☹️( It’s been a fun few years here 3 Bye guys ☹️
sparklefox • 1 Apr 2018, 12:10 PM
This is amazing. I can't tell you how hard I laughed at this.
superunloved • 1 Apr 2018, 12:10 PM
has nobody noticed it april fools today good try @ian
sodabearjess • 1 Apr 2018, 12:10 PM
@icecloud101 Today is April Fools, its a joke xD
katrinwolf • 1 Apr 2018, 12:11 PM
CryptoCoins? Why not Yeepcoin?
wigglytuff • 1 Apr 2018, 12:11 PM
@prairie ikr xD very loyal. And the buldging eyes on the sec0nd stage too
murfijs • 1 Apr 2018, 12:11 PM
hahaha i didnt fell for it this time haha!
solaris • 1 Apr 2018, 12:12 PM
My favourite part is that we might have to stop playing because ‘the currency might be too advanced’! I snort giggled on that one!
murfijs • 1 Apr 2018, 12:12 PM
but that creature is real i think bc why wont it be?
icecloud101 • 1 Apr 2018, 12:12 PM
@sodabearjess i was gonna quit eggcave....because of this @ian hey! it scared me so much
purgatory • 1 Apr 2018, 12:12 PM
OH MY GOODNESS HAHAHA
invisiblefly • 1 Apr 2018, 12:13 PM
I'm in AP Macroeconomics and I still dont have any idea what the heck this is saying.
sandara • 1 Apr 2018, 12:13 PM
........ Only now I noticed that today is April fools😋
Orderedchaos • 1 Apr 2018, 12:14 PM
@magenta April Fools. 😋
icecloud101 • 1 Apr 2018, 12:15 PM
if its april fools, and he's not lying, then i leave/quit
@Orderedchaos ok, thx
ethereality • 1 Apr 2018, 12:16 PM
WAIT what?! I guess I'll have to quit Eggcave. This is so confusing. Bye, ECT, it was nice meeting you! PM me if you want any of my creatures.
purgatory • 1 Apr 2018, 12:16 PM
@ian is the Crypto part of the joke? (I hope not)
ethereality • 1 Apr 2018, 12:17 PM
It's sad but Miracle my Tine is also UFA. PM me if you want her I just cant deal with this change
skyfall4 • 1 Apr 2018, 12:18 PM
MWAHAHAHAHA XD IM LAUGHING SO HARD XD Can I make an account tho o3o
magenta • 1 Apr 2018, 12:19 PM
A few people commented on my wall about my “quitting” haha it’s a joke ❤️ but thanks for the well-meaning comments :’)))
grimwood • 1 Apr 2018, 12:19 PM
Suuuuuuuurrrrrreeee.... Nice try guys 😊
icecloud101 • 1 Apr 2018, 12:21 PM
@ian ,is this really real? because i gotta crypto wallet code *shudder* i am dead, i need to leave EC if this is really real i am fuming steaming mad!!!!!!!
crescentmoons • 1 Apr 2018, 12:22 PM
icecloud101 • 1 Apr 2018, 12:22 PM
@ethereality don't quit!
spiritkoi • 1 Apr 2018, 12:23 PM
Why is the E on the second stage (third stage) backwards? And the pet ant haha!
nanami • 1 Apr 2018, 12:25 PM
Nice try Egg Cave 😃 but the new creatures look cute ❤️
sybil_howlett • 1 Apr 2018, 12:31 PM
@magenta no, don't go, it's April's Fool day today, no worries 😸
icesparkle22 • 1 Apr 2018, 12:33 PM
April fools lolll
the_mushroom_nacho • 1 Apr 2018, 12:42 PM
When I first saw the tweet I almost thought it was real. Nah, you ain't fooling me. xD
mrsgiggles • 1 Apr 2018, 12:46 PM
Please don't let that pet be a joke. I WANT IT!!!!!!
umbregrl • 1 Apr 2018, 1:09 PM
Got scare for a second. lol XD
metaphor • 1 Apr 2018, 1:12 PM
Whoa, I am super impressed with the effort that went into this April fool’s joke. Very well done.
ethereality • 1 Apr 2018, 1:35 PM
I have a Crypto UFT, (for real) you ping me or post on wall offers 😊
megadash • 1 Apr 2018, 1:37 PM
@mrsgiggles I've actually seen one…Seriously.
ryu28000 • 1 Apr 2018, 1:39 PM
That was a pretty good joke. For those of us, like myself, who knows what bitcoin is; it was funny to see how many right away start on about how they're going to leave. Seriously, bitcoin is for commerce not pet sites. HAHAHAHAHA!!!
libra • 1 Apr 2018, 1:40 PM
Great prank this year.
ninila • 1 Apr 2018, 1:41 PM
I just saw the post because I got the creature lol But the idea is great!
megadash • 1 Apr 2018, 1:43 PM
R-D-R-R 😉 This has to be one of, if the best joke @Ian's played on the site…especially to introduce an actual creature. Bravo!
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