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Topic: Blockchain gambling are ushering in new development opportunities? (Read 1089 times)

legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
I am not surprised of this continue growth. There is a continue evolution of blockchain game.
Also the idea of "game" has changed during the time, since there are even new product that were completely impossible on the past (I mean decentralization of an item is always a new concept on this field).
I think that it's just matter of times but we will see a big game able to get mainstream attention (not only as speculation like cryptokitties) but more like fantasy football. Something that anyone can be able to play and able to attract more and more people.
full member
Activity: 1638
Merit: 122
I'm also fan of DAPP's because it brings security and assurance to us Crypto gamblers. Smart contracts give easy and secured access to every user's Cryptocurrency not unlike a centralized database that anyone can breakthrough, and every fund will be easily stolen or confiscated by a central authority.
Smart contracts could be the next major thing, if not for tje insane high fees in ETH.

security ? i thought  most dapps were scams ? so many dapps now but there are still many people prefer centralize gambling and most of them are secure and not scam so its not the huge fees that makes smart contracts less favored .

 although there is still a continous development for other smart contracts project  .  theres always a chance for them to improve if they can prove that they were worthy , theyl soon gain the peoples trust again
sr. member
Activity: 1400
Merit: 269
I'm also fan of DAPP's because it brings security and assurance to us Crypto gamblers. Smart contracts give easy and secured access to every user's Cryptocurrency not unlike a centralized database that anyone can breakthrough, and every fund will be easily stolen or confiscated by a central authority.
Smart contracts could be the next major thing, if not for tje insane high fees in ETH.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
And the conversation here was about a blockchain-based casino

Yeah, and that's the whole point

Let me guess, you assume that blockchain-based casinos are the ones where you can bet with cryptocurrencies online in general, right? However, this is not what blockchain-based means in the context of cryptocurrency online gambling. The notion refers to bets being actually made on and recorded to a blockchain, such as EOS or TRON. In this manner, neither Stake nor PrimeDice are blockchain-based casinos, even if they allow or allowed gambling with EOS or TRON coins. They can be called centralized casinos

By this concept, I mean all casinos that use blockchain or crypto encryption technologies in their work in one way or another

We got it. But this is incorrect usage which can lead to confusion and misunderstanding as has been the case. Here's a short description of how the term is used across the industry that OP seems to follow:

Perhaps I am deviating from the generally accepted concept, then I'm sorry

Better safe than sorry
hero member
Activity: 1232
Merit: 858
And the conversation here was about a blockchain-based casino

Yeah, and that's the whole point

Let me guess, you assume that blockchain-based casinos are the ones where you can bet with cryptocurrencies online in general, right? However, this is not what blockchain-based means in the context of cryptocurrency online gambling. The notion refers to bets being actually made on and recorded to a blockchain, such as EOS or TRON. In this manner, neither Stake nor PrimeDice are blockchain-based casinos, even if they allow or allowed gambling with EOS or TRON coins. They can be called centralized casinos

By this concept, I mean all casinos that use blockchain or crypto encryption technologies in their work in one way or another. For example, the technology provided by cryptogambling.org.
Perhaps I am deviating from the generally accepted concept, then I'm sorry.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
And the conversation here was about a blockchain-based casino

Yeah, and that's the whole point

Let me guess, you assume that blockchain-based casinos are the ones where you can bet with cryptocurrencies online in general, right? However, this is not what blockchain-based means in the context of cryptocurrency online gambling. The notion refers to bets being actually made on and recorded to a blockchain, such as EOS or TRON. In this manner, neither Stake nor PrimeDice are blockchain-based casinos, even if they allow or allowed gambling with EOS or TRON coins. They can be called centralized casinos
hero member
Activity: 1232
Merit: 858
No. I didn't mention the stake.com. Here I give a link to the topic I was talking about. There was a completely different online casino. You can view the topic, where everything becomes clear after a few pages of discussions

It is not a "completely" different casino

And it is the topic which I had in mind. This is about PrimeDice, and if you don't know how Stake.com and PrimeDice are connected and related to each other, then, well, you are not very familiar with the online cryptogambling arena. Regardless, neither is a decentralized casino, so your point is kinda irrelevant to the flaws and shortcomings of blockchain-based casinos (as the thread tittle unambiguously suggests)

Despite the fact that they have the same owner, they are different brands with different domain names. Therefore, it is not a big mistake to call them different casinos. If you think otherwise, you are free to do so. I think differently. And the conversation here was about a blockchain-based casino.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
No. I didn't mention the stake.com. Here I give a link to the topic I was talking about. There was a completely different online casino. You can view the topic, where everything becomes clear after a few pages of discussions

It is not a "completely" different casino

And it is the topic which I had in mind. This is about PrimeDice, and if you don't know how Stake.com and PrimeDice are connected and related to each other, then, well, you are not very familiar with the online cryptogambling arena. Regardless, neither is a decentralized casino, so your point is kinda irrelevant to the flaws and shortcomings of blockchain-based casinos (as the thread tittle unambiguously suggests)
copper member
Activity: 146
Merit: 2
So do you think that the Blockchain gambling are ushering in new development opportunities?
snip..
I realized that Dapps is still very young to be able to change the patterns that are running..  Blockchain technology will be used in all aspects of life, not only cryptocurrencies but also all casinos (maybe) will adopt it to keep abreast of developments..

I think Dapps are not as famous as the other big casinos operating with crypto which have established a name for themselves.Maybe in the future if Dapps gain in popularity we may really see an increase in adoption from the big players in the market but I am skeptical about such move.
I am very optimistic about the future of Dapps (just my prediction), a group of big players will definitely be interested in this and make Dapps dominate the gambling market..

Yeah, I'm with Degens.com which is a smart contract based sports betting exchange and most cited reason for people chosing Degens is the fact that is non custodial. Everybody using traditional sportsbooks has gone through the nightmare of fighting with customer support to initiate a withdraw.

But with a smart contract betting exchange, everything is immediate and done via code.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
Why not? this is the innovation of technology, technology will need certain development in order to follow the flow of technological progress and development in the world. So far, gambling (both online and offline) cannot be removed. Every country will have this kind of mater. Moreover now, online gambling is everywhere and can be accessed by most people in most countries. No worry about government rule because sometimes we can make it secret and play gambling online easily and securely. it doesn't matter anymore.

Nowadays, some blockchain industries also focus on developing the gambling industry using this technology, moreover accepting crypto as one of the payment methods. If it is continuing again, this means that new development opportunities by gambling based on blockchain will be in real, it can be available to be conducted.
Indeed, gambling can not be removed because people are often playing gambling in both ways. With the growth of technology, people tend to visit on the gambling website from their mobile phone because they can access the site anywhere they want, not just with their computer. While the development of each game still continues, maybe we will see more new gambling games that will launch later, so people will have more gambling games to play. But the traditional gambling games will still exist since many people don't use their gadgets to play gambling because, for them, the feels are different between playing online and offline gambling.
hero member
Activity: 1232
Merit: 858
Most recently, in a neighboring topic, one person made claims to an online casino because the hash of the specified algorithm did not match when checking it. It turned out that the site owners made a typo and wrote SHA 512 instead of SHA 256. And this typo was not discovered earlier. This may indicate that not many people play in such casinos

You probably refer to stake.com

If so, I've seen this topic with a lot of stones flying in every direction. However, stake.com is not a decentralized, blockchain-based casino. It is a regular online casino, and as such, it doesn't use blockchain for making bets and storing their outcomes (so that they can be independently checked). If I'm not mistaken, VipGames.io is such a casino, which makes use of the EOS blockchain or whatever goes for blockchain there (I don't know much about how EOS works internally)

No. I didn't mention the stake.com. Here I give a link to the topic I was talking about. There was a completely different online casino. You can view the topic, where everything becomes clear after a few pages of discussions.
hero member
Activity: 2968
Merit: 687
So do you think that the Blockchain gambling are ushering in new development opportunities?

Gambling dApps look pretty much like DEX to me (short for decentralized exchanges)

And they probably suffer from the same shortcomings and flaws. Decentralized exchanges are slow, and they lack liquidity. In case of blockchain gambling it translates to fewer players and no useful autobet (at least that's what I saw when I tried it out myself). There are probably other things that make such form of gambling less popular compared to conventional online gambling but these are the major ones

Most recently, in a neighboring topic, one person made claims to an online casino because the hash of the specified algorithm did not match when checking it. It turned out that the site owners made a typo and wrote SHA 512 instead of SHA 256. And this typo was not discovered earlier. This may indicate that not many people play in such casinos

You probably refer to stake.com

If so, I've seen this topic with a lot of stones flying in every direction. However, stake.com is not a decentralized, blockchain-based casino. It is a regular online casino, and as such, it doesn't use blockchain for making bets and storing their outcomes (so that they can be independently checked). If I'm not mistaken, VipGames.io is such a casino, which makes use of the EOS blockchain or whatever goes for blockchain there (I don't know much about how EOS works internally)

Most of EOS platform kind of games are truly decentralized or which can really be checked out independently and there are lots of dapps out there which is truly a new innovative way
in dealing up into this industry.

https://dappradar.com/ is one of the example that do shows off that there are indeed a market for this and does show off development and also emphasizing blockchain gaming.

Demand? It might not that much compared to centralized ones but this one will really get that traction.
hero member
Activity: 2072
Merit: 656
PredX - AI-Powered Prediction Market
Why not? this is the innovation of technology, technology will need certain development in order to follow the flow of technological progress and development in the world. So far, gambling (both online and offline) cannot be removed. Every country will have this kind of mater. Moreover now, online gambling is everywhere and can be accessed by most people in most countries. No worry about government rule because sometimes we can make it secret and play gambling online easily and securely. it doesn't matter anymore.

Nowadays, some blockchain industries also focus on developing the gambling industry using this technology, moreover accepting crypto as one of the payment methods. If it is continuing again, this means that new development opportunities by gambling based on blockchain will be in real, it can be available to be conducted.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
So do you think that the Blockchain gambling are ushering in new development opportunities?

Gambling dApps look pretty much like DEX to me (short for decentralized exchanges)

And they probably suffer from the same shortcomings and flaws. Decentralized exchanges are slow, and they lack liquidity. In case of blockchain gambling it translates to fewer players and no useful autobet (at least that's what I saw when I tried it out myself). There are probably other things that make such form of gambling less popular compared to conventional online gambling but these are the major ones

Most recently, in a neighboring topic, one person made claims to an online casino because the hash of the specified algorithm did not match when checking it. It turned out that the site owners made a typo and wrote SHA 512 instead of SHA 256. And this typo was not discovered earlier. This may indicate that not many people play in such casinos

You probably refer to stake.com

If so, I've seen this topic with a lot of stones flying in every direction. However, stake.com is not a decentralized, blockchain-based casino. It is a regular online casino, and as such, it doesn't use blockchain for making bets and storing their outcomes (so that they can be independently checked). If I'm not mistaken, VipGames.io is such a casino, which makes use of the EOS blockchain or whatever goes for blockchain there (I don't know much about how EOS works internally)
hero member
Activity: 1666
Merit: 629
Quote
So do you think that the Blockchain gambling are ushering in new development opportunities?
 
Of course, I think that blockchain technology appeals to a larger audience and area than we originally anticipated, is a crucial turning point in our lives and will contribute to the rapid development of many industries in the future. In particular, if we need to evaluate according to today's development speed and usage areas, we can see how widespread this technology is in the field of gambling and that the gambling industry helps to survive even in this pandemic process. I also think that the Ethereum technology and Tron technology currently in use will cause much more change and development in this area. In addition to these changes, the gambling industry will take a different shape with blockchain technology, will be open to new developments and open the doors of new business opportunities. In summary, I think that with the blockchain technology, the gambling industry will progress very quickly and change the perception of gambling that has occurred in the world.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
In my opinion, what is good about apps that introduces gambling though the blockchain, is it's transparency. The technology is, what I think is flawless, simply because Blockchain makes sure that there would be no manipulation from the house who owns the blockchain gambling app or site. So because there is transparency then I am positive that people will be attracted to use these apps because they are confident that there would be no house mingling. And as long as there is demand, then development will follow.
hero member
Activity: 1232
Merit: 858
So do you think that the Blockchain gambling are ushering in new development opportunities?

Gambling dApps look pretty much like DEX to me (short for decentralized exchanges)

And they probably suffer from the same shortcomings and flaws. Decentralized exchanges are slow, and they lack liquidity. In case of blockchain gambling it translates to fewer players and no useful autobet (at least that's what I saw when I tried it out myself). There are probably other things that make such form of gambling less popular compared to conventional online gambling but these are the major ones

Most recently, in a neighboring topic, one person made claims to an online casino because the hash of the specified algorithm did not match when checking it. It turned out that the site owners made a typo and wrote SHA 512 instead of SHA 256. And this typo was not discovered earlier. This may indicate that not many people play in such casinos.
full member
Activity: 1176
Merit: 162
Honestly, I am more confident in playing on gambling Dapps, it is like a DEX which you can log in with your wallets directly, and won't worry about your funds being lost, frozen or something because it is directly stored in your wallet. In tron Network most of the dapps are for gambling I am seeing Wink is more popular but still, some people prefer gambling sites with a good reputation that exists for a long time now.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
So do you think that the Blockchain gambling are ushering in new development opportunities?

Gambling dApps look pretty much like DEX to me (short for decentralized exchanges)

And they probably suffer from the same shortcomings and flaws. Decentralized exchanges are slow, and they lack liquidity. In case of blockchain gambling it translates to fewer players and no useful autobet (at least that's what I saw when I tried it out myself). There are probably other things that make such form of gambling less popular compared to conventional online gambling but these are the major ones
hero member
Activity: 1232
Merit: 858


Casinos are the most profitable dapps on these platforms but for the mobile games, its just something that will not be used by any of us in crypto. Not everyone in crypto is here to play games unless it allows users to earn coins.

Developers have more opportunities in blockchain if they develop useful projects. A browser and games along with it that will just work for the browser may actually be profitable. The works of Brave browser is profitable, its just that they are now owned by binance.

In addition to the fact that such projects are convenient for their developers. To play in such applications it is very convenient from the point of view of any money in the account, speed of transaction, and most importantly security.
I noticed that a lot of casino projects appear in the EOS blockchain.
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