Characteristics defining blockchain
Blockchain has the following characteristics that make it ideal for processing transactions: Decentralization — everyone has access to the system’s data, making it impossible for authorities or the government to manage it;
Data transparency — users can follow any database changes;
Secrecy — anonymity is ensured by a variety of encryption mechanisms;
Resistance to hacking — only authorized users with a unique access code are permitted to make modifications.
Online casinos & crypto
The growth of cryptocurrencies has reached the world of online gaming. This is how a variety of crypto operators, including first-generation BTC and ETH casinos, emerged. Platforms’ anonymity and decentralization started to draw more and more users from all over the globe.Additionally, gamers from all over the globe, even those from Asian nations where casinos are often forbidden, have strengthened their interest for platforms that accept Ethereum. For instance, municipal authorities in Japan do not have jurisdiction over ETH. As a result, while playing online poker in Japan, gamers choose to pay using Ether. Why do players pick crypto casinos? First and foremost, crypto ensures gambling without concern for privacy. Those who play casino games may remain anonymous at cryptocurrency-powered platforms. Thus, they can concentrate on the game’s activities to make real money. Blockchain technology also ensures the safety of gambling websites. Every action […]