The Ethereum blockchain is increasingly becoming the protocol of choice in the development of decentralised applications. Its groundbreaking features such as Ethereum Virtual Machine (EVM), smart contract capability and solidity programming language make it a more suitable alternative for building layer 2 applications. In terms of its usability, the Ethereum blockchain is comparable to the Swiss knife as it packs multiple functionalities within a single network.This versatility has made the...
Read More »Top 5 Cryptocurrencies Used in Online Casinos
In 2020, almost everyone knows what Bitcoin is. Thanks to its meteoric rise on exchanges in 2018, millions of people learned about it in the news. However, despite being widely recognized, it’s still far from becoming an essential part of the financial ecosystem, let alone being a leading payment method.There are a couple of reasons for this. First off, cryptocurrency in general is not the most straightforward system to use. To a person who just heard about some mysterious altcoins in the...
Read More »How Do Silver-Backed Stablecoins Work?
Silver, one of the most popular investments in human history, is evolving with the times. Cryptocurrency is making its way into the investment space, and thanks to something called stablecoins, you can use them to invest in silver, gold, fiat, and other physical commodities.This forward-thinking technology makes traditional investments more accessible to new and experienced investors alike. But many might wonder just how they work. In this post, we’re going to tell you.What is a Silver-Backed...
Read More »BestChange.Com: An Interactive and Simple Way To Compare Over 350+ Exchangers!
BestChange.com is a monitoring website that allows users to compare and exchange cryptocurrencies and e-currencies to find the best rates from the most reliable and liquid exchanges. There is a growing market of e-currencies and digital payment systems across the world including fiat and cryptocurrency options. However, the vast market makes it almost impossible for users to find the best exchange rates and exchangers capable of helping complete a trade quickly and efficiently.BestChange.com...
Read More »Imagine if LinkedIn Had a Reputation System
Why use a Reputation Score?Jeff is very active on LinkedIn. He uses it to contact new business associates all the time, often using the suggestion feature on LinkedIn to find new networks. However, Jeff isn’t able to know too much about his potential business contacts, beyond what they post on their profiles. Though he has used many websites with reputation scoring built into user profiles, he wonders why LinkedIn doesn’t have this feature. He feels it would be very useful.While LinkedIn...
Read More »The Rapid Evolution of Bitcoin and its Repercussions on Online Gambling
Since Bitcoin’s inception back in 2009, a fair number of iGaming websites have popped up on the internet. From roulette and blackjack to video slots and poker, the list of games on offer is huge! Since BTC uses public blockchain to ensure transparent transactions at all times, the games are provably fair.However, wagering at Bitcoin casinos in the USA can be tricky since the industry is heavily regulated against crypto casinos. There are, however, ingenious ways around the problem, a few of...
Read More »An Analysis of Injective Protocol: A DEX for the Future of Decentralized Derivatives
Multiple prominent cryptocurrency exchanges have been hacked over the years with the most recent major case occurring with KuCoin. Despite extensive security measures, it appears as though hackers are always finding workarounds to access privately held user funds. Despite having extensive KYC requirements exchanges continue to fall victim to privacy hacks and compliance issues as well.Such events occur because the current cryptocurrency exchange infrastructure model is inherently flawed....
Read More »How DeFi Prediction Market Space Is Getting Disrupted
Once again the crypto market is bouncing back stronger after a little bit of pullback in the month of September following the uncertainties and irregularities of the upcoming American election. This month, the market seems to find its direction upwards as the bulls are raging and gaining momentum by the day. Yet again, the DeFi market is also experiencing a rebound of prices across various assets, tokens and projects, bringing up the potentiality of the DeFi market being among the top gainers...
Read More »Online Casinos and Cryptocurrency: A Perfect Blend
Many players would agree that optimal player satisfaction is achieved by striking a balance between all the services offered by a casino, including the payment options available to players. The invention of cryptocurrency as an international, virtual currency has revolutionized several industries, including the casino industry. The acceptance of cryptocurrency by online casinos has addressed the two major issues faced by online casino players – anonymity and safety.When you compare crypto...
Read More »Stablecoins May Overtake Bitcoin in the iGambling Industry
Bitcoin has always been the primary choice for cryptocurrency casino players, but more recently stable coins are gaining momentum!The marriage between Bitcoin and the online gambling scene began when Primedice opened its virtual doors in 2013 making millions in its first year. Any questions as to whether BTC would be popular with online gamblers were quickly answered.Shortly after Primedice, unlicensed Bitcoin casinos began to pop up across the internet and by 2016 Bitcasino.io became the...
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