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Topic: Blockchain casino Vs Traditional casino - page 2. (Read 131 times)

member
Activity: 504
Merit: 57
August 09, 2021, 04:21:26 AM
#3
I remember some houses which are fully depending on blockchain hashes to decide about the outcome of a game still they are referring it and not gambling on the blockchain.

As a knowledgeable gambler with years of experience, can you please share more clarity to this statement as am a bit confused, if I understand what you mean by houses depending on blockchain hashes to decide the result of the game?
legendary
Activity: 2464
Merit: 1102
August 09, 2021, 04:04:46 AM
#2
We are still into traditional type of gambling as most crypto gambling things are not happening on blockchain but making use of cryptography (not cryptocurrency) to have things fairer and simpler for everyone.

I remember some houses which are fully depending on blockchain hashes to decide about the outcome of a game still they are referring it and not gambling on blockchain.

In my understanding a pure blockchain based gambling should be something unimaginable as per my current level of knowledge on blockchain technology.

Overall, just using cryptocurrencies for depositing/withdrawing will not make a house a blockchain based one.
member
Activity: 504
Merit: 57
August 09, 2021, 03:59:43 AM
#1
I took my time recently to look at the differences between blockchain casinos and the traditional casino, and I decided to make a thread for this discussion here.

Before introducing cryptocurrency gambling on the blockchain, we were used to the traditional online casino.

Both the traditional casino and blockchain casino have some similarities but again with their differences in terms of mode of operations and games availabilities, I will explain one of their differences and other users can add their views in the comment sections so we can help newbies who are new to gambling make the best gambling decisions.

1 Difference in games history and tracing, one of the major differences between blockchain casino games to the traditional casino is the fact that blockchain casino is the engine room for dice games to take off in the gambling industry and granting the best probably fair game, the blockchain technology allows players to check if the game was transparent and all games can be reviewed through regeneration of transaction hashes on the blockchain, But in the traditional casino, only the house can view the game process and players are left at the mercy of the house edge.
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