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Topic: "Off-Blockchain model" < What's this mean in business? (Read 1097 times)

hero member
Activity: 882
Merit: 1000
Exhausted
The advantage of having an off-blockchain system is that your users don't have to cover the transaction cost of 0.0001 Bitcoins in each bet, thus they can make micro-bets like 0.00000001 BTC without being penalized. If you're building a casino look into "provably fair" otherwise you won't get any business.

I can see that there are a few sites (such as SD and LB) still  doing on-chain gambling, so there must be some sort of benefits for it, right?
Can anybody share some ideas?
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
The advantage of having an off-blockchain system is that your users don't have to cover the transaction cost of 0.0001 Bitcoins in each bet, thus they can make micro-bets like 0.00000001 BTC without being penalized. If you're building a casino look into "provably fair" otherwise you won't get any business.
staff
Activity: 2440
Merit: 1616
Crypto Swap Exchange
Off-blockchain: Using on site deposit and withdrawl system. Example: primedice.com
On-blockchain(on-chain): Automatic transaction, don't need to withdrawl manually. Example: luckyb.it directbet.eu
hero member
Activity: 588
Merit: 500
Will Bitcoin Rise Again to $60,000?
Satoshi dice for instance didn't have off-blockchain model. Which meant that players sent to a specific address that gave them specific winning odds, this meant that the blockchain got a lot more spammy since everyone was sending their bets to addresses.
hero member
Activity: 798
Merit: 1000
Currently developing my own Casino, seeing this term being thrown around a lot - is someone able to clarify what this means? do I need to develop my own blockchain? is it possible to simply not broadcast my transactions over the blockchain? if someone could shed some light that would be great.

Thanks in advance!

It means that your casino has a deposit/withdraw function, and the customers don't have to send a transaction every time they want to play.
sr. member
Activity: 378
Merit: 250
Currently developing my own Casino, seeing this term being thrown around a lot - is someone able to clarify what this means? do I need to develop my own blockchain? is it possible to simply not broadcast my transactions over the blockchain? if someone could shed some light that would be great.

Thanks in advance!
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