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Mr Bit Casino 25 Free Spins no deposit bonus code!

Mr Bit Casino 25 Free Spins no deposit bonus code!

Mr Bit Casino Free Spins & Welcome Bonus
In order to become a comprehensive Mr Bit Casino member, one needs to open an account. It can be done with the help of your social media account, or in a matter of a few seconds by answering a few simple questions: you will be asked to enter your email, telephone number, nickname, and read and agree with Terms and Conditions and Privacy Policy. As a registered player, you will have the possibility to play for real money and participate in various interesting events, contests, drawings, etc.
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Mr Bit’s license and regulation provide safety and assure users that they are selecting a decent gambling platform. The official site has SSL encryption too. Having nothing to hide, Mr Bit provides all the details regarding its operation for those who want to check them out. Mr Bit takes players’ security seriously and presents only the amusements by the top-rated software developers with proven track records. Special authorities ensure that the RTP of games is publicly audited. All gaming results are Random Number Generated (RNG) which proves that the casino is fair.
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Mr Bit Mobile apps

Mr Bit has a fully functional and responsive mobile application. You can use Android, iOS, Windows and Blackberry smartphones or tablets to enjoy the games.

Mr Bit Casino Games

Mr Bit understands the importance of providing only the best software, as this is the key factor determining website’s operation and gaming quality. That is why they collaborate with the leading and world-famous gambling brands, such as NetEnt, Microgaming, Playson, BetSoft, Booongo, Yggdrasil, Quickspin, PushGaming, Endorphina, RedRake, Booming, Play’N’go, NextGen, Amatic, Betdigital, Sidecity, Thunderkick, etc. On the website, you can find different types of games: slots, card games, video poker, roulette, live casino, as well as jackpot games.
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Currencies on the platform

Mr Bit currently supports Bitcoin and Top-8 other alternative cryptocurrencies: Bitcoin Cash, Ethereum, Ripple, Litecoin, Monero, Dash, NEM, Dogecoin. In the nearest future, their number will continue growing. Besides, you can get a euro-, rouble, dollar-, baht-account. SEK/NOK accounts in the Cashier will also be made available. Mr Bit follows the latest trends and makes sure that its users get the hottest offers not only regarding games but also payment options, for the sake of their comfort and convenience.
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On the site, you will find three ways to make deposits and withdrawals at Mr Bit casino. So all you have to do is choose the one, which suits you best.
  1. Those who have a crypto-currency account, are welcome to deposit funds through their crypto wallet, without any third-party payment systems.
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Mr Bit Customer support

To ensure only positive gaming experience, Mr Bit has provided English/Russian-speaking customer support, which is available 24/7. The operators are well educated in all casino matters and will be happy to help you solve any technical or financial issues. You can contact them whenever you need it via live chat, through e-mail or by phone.

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After signing up, every Mr Bit user will have a chance to get a generous welcome bonus package and have the most pleasant and profitable gaming start. The package consists of the following offers on your first 3 deposits respectively:
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Mr Bit VIP Program

Mr Bit offers its users a system of statuses, which enables more rewards to most active players. This way, the higher the status of a player is, the greater the return on his lost funds (up to 10%) may be. At the same time, the exchange rate for collected bitpoints will also be much more profitable. VIP status holders are entitled to getting invitations to special events and other numerous perks.

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We have tried to bring to your attention key information about Mr Bit casino and let you know what to expect from this brand new gambling site. Our impression is 100% positive and we are sure that by registering at this casino you will not be disappointed. Gaming should be easy, enjoyable, fun and fair – and that is what you get at Mr Bit!
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submitted by freespinsgaming to u/freespinsgaming [link] [comments]

Cobra Casino 250 gratis spins + 100% up to €500 free bonus

Cobra Casino 250 gratis spins + 100% up to €500 free bonus

Cobra Casino Gratis Spins & Free Bonus
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Cobra Casino is one of the newest casinos by Direx N. V. It operates under a license issued from the Curaçao area. So, it is a legit online casino with valid legal permission to provide online gambling services.
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SUMMARYCobra Casino operates under a gambling license from the state of Curaçao. It offers hundreds of casino games from more than 30 software providers on its website, including NetEnt, Yggdrasil, Habanero and Pragmatic Play. Games in the live casino are mainly provided by Ezugi and Evolution Gaming software. All newly registered players can claim three welcome bonuses with a total value of €1,050 and 300 free spins. Cobra Casino also offers a VIP program with interesting rewards. The minimum withdrawal amount is € 20, and the minimum deposit amount is usually € 10. The casino supports betting on Bitcoins and other selected cryptocurrencies.
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submitted by netentcasino to u/netentcasino [link] [comments]

BetFury gets higher — updated with a new “Stairs” game, BTC & BTT

BetFury gets higher — updated with a new “Stairs” game, BTC & BTT

https://preview.redd.it/1ca8pqek59m41.png?width=2024&format=png&auto=webp&s=16488edd25c85ae20afaa22f610b4e7b697c2d0f
Things, you’ve been dreaming about are live on BetFury! More and more opportunities are being created for our best users. Discover the new game Stairs together with BTT & BTC integration.
Meet: Stairs — a new In-house game, Stairs Profit Competition, Integration of BTT & BTC, ability to make deposits and withdrawals with BTT & BTC, BTT dividends pool, product improvements and other buns!
Now let’s see what each new update entails.

Stairs — a new In-house game on BetFury

Enjoy the launch of Stairs in-house game on BetFury! Stairs — is an exciting game, where our raccoon Fury participates. The main purpose is to climb up the stairs to the top. Your winning depends on the stair, which you’ve managed to reach. But you have to be very attentive, because while you climb, stones fall and may squash the raccoon. Oops!
How to play? Follow 3 simple steps:
Step 1. To start, make a bet and choose the amount of stones per one game move, then press “Play” to continue;Step 2. Climbing up the stairs, beware of falling stones! The higher you go up, the more you get;Step 3. Your winning’s amount is your choice: you can pick up a win at any time or go through all 13 moves and get the maximum reward.

Stairs Profit Competition

https://preview.redd.it/3affd94h69m41.png?width=1600&format=png&auto=webp&s=4e95e3f1dedf4d2c14b2171fcc15f0e7d61156de
BetFury prepared and excellent opportunity to play the new game and win extra prizes. 250k TRX are waiting for the furriest gamers! Top 50 places and 14 days of the best i-gaming experience. See you upstairs on the x73644 — the highest multiplier in the new game! Good luck and have fun!

RULES

  1. The promotion runs from February 12, 2020, until February 26, 2020.
  2. Total prize pool is 250 000 TRX.
  3. Total winning places50. Distribution may be checked in the competitors’ list.
  4. Bets can be placed in TRX, USDT, BTT or BTC (the total winning volume will be considered in TRX).
  5. To become the winner you have to win most of all pure profit!
Example 1: your bet is 100 TRX — winning — 150 TRX = 50 TRX added to your rating. Example 2: your bet is 10 USDT — winning — 13 USDT = approx. 160 TRX (TRX/USDT rate) added to your rating. etc.
  1. The more profit you get, the higher you are in the competition!
You can track your current position in the right section of the promo page (where the auction is).
  • To open the page, find the “Stairs Profit Competition” button in the left part of a games’ window.
  • Press the “?” button. You’ll be passed to the competition’s page.
  • Track there information about the current leaders and read the rules.
  1. Distribution of winnings is carried out automatically to your game balance with no conditions, no wager requirement in 24h.
BetFury will notify players of any significant changes to existing terms and conditions of Stairs Profit Competition before entering into force. However, BetFury may, at its sole discretion, make minor changes to these terms, the promotion itself or the players’ right to participate in this promotion for any reason, without prior notice to the players.
https://preview.redd.it/n9ntf3jk69m41.png?width=2400&format=png&auto=webp&s=a1b60854f551073fd92ad24ee239c31ad938951c

BTT associates BetFury

BTT (BitTorrent) coin is one of the first tokens that work on TRC-10 protocol based on the Tron blockchain to foster faster speed on the world’s largest decentralized application.
BTT integration allows several changes and opportunities.
  1. deposit/withdrawal can be made from any TRON wallet that supports TRC10
  2. bets are available for all games (including in-house, slots, table games)
  3. minimal bet = 5 BTT
  4. you will receive 0,3% in (In-House games)& 0,05% (Slots)in BTT of all referral pure winnings
Main changes in basic User Experience:
  1. After signing up you can see your game balance. You are able to change it into BTT balance in the drop-down list by clicking on it;
  2. Deposit/Withdraw pop-up is changed. Now you’re able to choose the currency directly in this window. Make deposit and withdrawal in BTT
  • Press the “Deposit” button in the Header.
  • Choose the currency, which you need.
  • Enter an amount or choose from the offered.
  • Press “Deposit”.
  • The same procedure is with Withdrawing.
https://preview.redd.it/dgtnuxwp69m41.png?width=1030&format=png&auto=webp&s=ca5c3c1a3e35c6effd7099ecde2f210095836f2d
  1. Dividend pool. BTT dividend pool is created, which means, that mining price is also represented in BTT.
  2. The mining price is dynamic for BTT and based on TRX/USDT/BTT trading pair rates in real-time mode;
  3. In the Cashback section the available amount is shown in the currency, you’ve chosen in the drop-down list in the header. Cashback history shows all currencies.
  4. Games and Jackpots
  • BTT is not available in the Auction.
  • Jackpots are shown in TRX. To win Jackpot, bets are available in BTT.
  • To place bets in all in-house games you should select BTT in the header drop-down menu.
  1. Account. The total bet is represented in TRX. (BTT is converted into TRX at the Binance rate at the time of betting and added to your total wager).
All Game balances are represented on the page.
Transaction history and Game history are common for all currencies.
  1. Daily tasks are individual for all currencies. You may do the same tasks for TRX, USDT, BTT, BTC separately every day.
  2. The rank system remains the same regardless of the currency the user has chosen. If you are going to place bets in BTT your rank will go up according to the TRX/BTT rate in the time of betting.

BTC breaks into BetFury

Our users have been asking us about it since the first day of BetFury existence. Dreams come true — BTC breaks into BetFury.
BTC (Bitcoin) is a cryptocurrency that isn’t managed by a bank or agency but in which transactions are recorded in the blockchain that is public and contains records of each and every transaction that takes place.
BTC integration allows several changes and opportunities.
  1. deposit/withdrawal can be made
  2. bets will be available for all games (from start only in-house games)
  3. minimal bet = 0,000002 BTC
  4. referral payments — 0,3% in (In-House) & 0,05% (Slots) in BTC of all referral pure winnings
Main changes in basic User Experience:
  1. After signing up you can see your game balance. You are able to change it into BTC balance in the drop-down list by clicking on it;
  2. Deposit/Withdraw pop-up is changed. Now you’re able to choose the currency directly in this window. Make deposit and withdrawal in BTC

Deposit

  • Press the “Deposit” button in the Header.
  • Choose BTC in the list of currencies.
  • To make the deposit you need to copy your BTC deposit address.
  • Then make the deposit in any exchanger. For example, you may read, how to do it in Binance https://cryptocurrencytutors.com/binance-tutorial/
https://preview.redd.it/9zo847dv69m41.png?width=866&format=png&auto=webp&s=6821d4532d1686921eca402a7864150b6a02ffc2
Withdrawal
https://preview.redd.it/yfqzamnz69m41.png?width=856&format=png&auto=webp&s=3911bbd7e8e0cb7c8dc23883f93c8a52d27c72b8
  • Paste your wallet address (copied from Deposit section)
  • Enter the amount, which you want to withdraw
  • Press “Withdraw”
Your withdrawal will have 0.00005000 subtracted to cover the transaction fee.
  1. Dividend pool. BTC dividend pool is still not created. This opportunity will be available soon.
  2. In the Cashback section the available amount is shown in the currency, you’ve chosen in the drop-down list in the header. Cashback history shows all currencies.
  3. Games and Jackpots
  • BTC is not available in the Auction.
  • Jackpots are shown in TRX. To win Jackpot, bets are available in BTC.
  • To place bets in all in-house games you should select BTC in the header drop-down menu.
  1. Account. The total bet is represented in TRX. (BTC is converted into TRX at the Binance rate at the time of betting and added to your total wager).
All Game balances are represented on the page.
Transaction history and Game history are common for all currencies.
  1. Daily tasks are individual for all currencies. You may do the same tasks for TRX, USDT, BTT, BTC separately every day.
  2. The rank system remains the same regardless of the currency the user has chosen. If you are going to place bets in BTC your rank will go up according to the TRX/BTC rate in the time of betting.

Other updates:

  1. Dividends
https://preview.redd.it/a7n504j279m41.png?width=2400&format=png&auto=webp&s=362e5951ef046798adf7fd9b420fc46439eef704
For the BetFury team, as well as for the platform users, stability is an important point. Therefore, along with the big update (which includes the release of the game Stairs, Stairs Profit Competition, adding of BTC and BTT) we are updating the distribution system of the dividend pool.What will change?For the stable operation of dividend payments, the BetFury team decided to replenish the dividend pool in the amount of 3,500,000 TRX. Dividend payments will be 3%. Thus, payouts per 100K BFG will become larger and more stable.Distribution example:
The previous pool size was 2,300,000 TRX*. With* 7% payout, the distribution will be 161,000 TRX (16.9 TRX per 100,000 BFG daily).We add 3 500 000 TRX to the pool (= 5 800 000 TRX) with the payout of 3%, the distribution will be equal to 174 000 TRX (16.9 TRX per 100 000 BFG daily)
Also, the BetFury team recharged USDT & BTT pool in the amount of 4000 USDT/3 000 000 BTT respectively.
The advantage of such a dividend policy BetFury will stable payments and increase investment interest to the platform.
  1. “Instagram”, “Facebook” and “Reddit” buttons in the footer. Communication on BetFury becomes even more accessible. Follow all our social networks to be aware of all events, giveaways, competitions, updates!
  2. UI & UX updates have been made for your pleasurable playing and using the website.
  3. We have taken away the “Daily bonus” section in the left part of a games’ window. It’s connected with the poor Dividend pool and it’s more important to put there information about the current competition.
  4. Weekly Slots Race. It becomes even more convenient to track the information about the winners on the new landing page.
  • To open the page, find the “Weekly Slots Race” button in the left part of a games’ window.
  • Press the “?” button. You’ll be passed to the competition’s page.
  • Track there information about the current leaders and winners of the previous races. Also read the rules.
BetFury is developing every day. We’re working for your pleasure. Every wish and proposal of our users is heard. Thank you for support and feedback. Hope, these changes will make you satisfied. Enjoy playing the new game, win prizes in the competition, boost the Dividend pool and get more profit form Cashback!
We’re always ready for your advices! Contact us on our social networks:
Link to the Website: https://betfury.io Link to the Telegram: http://t.me/betfury Link to the Twitter: https://twitter.com/betfury_io Link to the Telegram Channel: https://t.me/betfuryofficialchannel Link to the Steemit: https://steemit.com/@betfury-steem Link to Facebook: https://www.facebook.com/BetFury.io/ Link to Instagram: https://instagram.com/betfury.io Link to Reddit: https://www.reddit.com/useBetFury_io
submitted by BetFury_io to u/BetFury_io [link] [comments]

Stegos: Ground-Up Privacy Blockchain from the Palm of Your Hand [Great Staking Coin]

Stegos is a built-from-scratch custom privacy blockchain that emphasizes usability and versatility. In doing so, the blockchain functionalities are all accessible via a lightweight mobile application.
Through the mobile app, you can manage wallets, record contacts, send currency, private chat, and interact with staking pools. Beyond that, the team looks to work with the community to build out a "privacy app store" (like WeChat but private) that will include additional interface for the likes of microblogging, marketplaces, etc. The mobile application has been released on mainnet internally, and a public release is expected by the end of April. You can read about the current progress of the app and link back to demo video releases here.
Circulating supply is roughly 1.1 billion STG with no additional locked tokens Stegos currently trades at about US$0.0005, for a market cap of just $550,000.
Stegos is trading at Bithumb Global.
Privacy coins across the board have been under fire for being wholly inaccessible to the vast majority of the population. Cypherpunks can maintain anonymity perfectly find using the likes of Bitcoin and Ethereum intelligently. They don't need Grin, Monero, etc., and nobody beyond these crypto-savvy is equipped to bother with these privacy coins.
By emphasizing a one-stop, easy to use mobile interface, Stegos is looking to position itself as the accessible privacy solution.
How it Works
Most privacy coins further restrict the nature of network transactions to support sufficient privacy. This very much limits the utility of these coins, in terms of smart contracts, data transmission, and nuanced network activity in general.
Stegos took the complete opposite approach. Transactions were expanded and reinvisioned as a "fast message bus". This means that, in exactly the same capacity and with the exact same level of privacy, users can communicate messages, media, and data as on-chain transactions the same as they would a standard currency transaction.
With no extra resource burden, smart phones can interact with network apps the same as a desktop alternative. This also makes development of network applications like the aforementioned (messaging, microblogging, marketplace) far more straightforward and accessible to users and developers alike.
For a more in-depth explanation of this approach, as well as the technical details behind the custom Snowball privacy protocol in place, check out this recent write up by Daily Chain.
Staking Opportunity: Gamified Proof-of-Stake
Stegos employs a unique gPoS consensus model which makes staking particularly enticing for small stakers. The total block reward is 36 STG per block, and with a block every 8 seconds, that's about 14% ROI for stakers at face value.
But the interesting component is that 1/3 of this block reward is stored and pooled into the "Validator Service Award", which operates like a winner-take-all jackpot. When a certain string is observed in a block hash (happens once every 5-6 days, on average), the accumulated VSA is delivered in full to a random staking node.
Every node has an equal chance to claim the prize, regardless of their stake size. The average award is over 700k STG. Currently, there are anywhere between 150-200 eligible nodes per VSA cycle. The minimum stake required is 50k STG (about $25). Hit it once and you've got a huge ROI. There is no limits or constraints on running multiple min-staking nodes, so you could set up 15 at once and double your STG the first time you hit the jackpot. With 15 nodes, you're on pace to hit it once every 2 or 3 months.
Wrap Up
Actually unique and worthwhile project, live on mainnet, in a demanded niche + real growth potential. 550k market cap. No reason not to pick up a bag just in case.
submitted by jeffthedunker to CryptoMoonShots [link] [comments]

I Created a Custom Lightning Payment Jackpot Website from Scratch, This Is What I Learnt

TL;DR: I wanted to learn how the Lightning Network operates. So I came up with an idea for a jackpot site using the Lightning Network to handle micro-payments. Operating a Lightning node is complicated and challenging for a beginner. Using custodial wallets like Wallet of Satoshi, BlueWallet or Breez is easy to use but not your keys. Please come by and help me test my Lightning integrated new website. I’m happy to help anyone that’s new to Lightning setup a wallet and play a game. It all helps with learning and adoption, that’s why we’re all here! Long Bitcoin, Short the Bankers!

Introduction: Welcome to a brand new concept in random number seeding. Generating a truly random number is quite hard. You could use the current time, divided by the RPM spin of your hard disk, squared by the temperature of your CPU, and so on. Other extreme methods include measuring quantum fluctuations in a vacuum, see ANU Quantum Random Number. All these methods are fine but none of these are really verifiable by a 3rd party. Whoever running the system can change the outcome. I'm not saying they do, simply stating that if the payoff was great enough to alter the 'reported' outcome they could. So what's different here? We're using the Bitcoin blockchain itself as the arbitrator. Every outcome is not only provably fair but verifiably fair and immutable. Trying to cheat this system is impossible.

So that’s the pitch. Make a website using the idea of whoever’s guess is closest, wins the jackpot; using Lightning to handle all the incoming and outgoing payments. I started to look around at other fully functional websites offering Lightning as a payment method. It turns out most use a 3rd party like OpenNode or CoinGate. To me, this defeats the whole purpose of Bitcoin. Why build a website/offer a service/offer Lightning as a payment method if you don’t even own or control your funds. A payment processor could simply turn off withdrawals and it’s over. Not your keys, not your coins!

It’s been quite a learning experience for me. I think the most frustrating thing to figure out and attempt to solve was channel capacity. For example, with a fresh new wallet setup on Bitcoin Lightning for Andriod (blue bolt logo), you can open a channel to anyone fine, but trying to receive money won’t work. I think for a beginneadoption this is the greatest hurdle to understand/overcome.
You need to spend money so the other side has some collateral to send back. One explanation I read was, opening Lightning channels are like a full glass of water, I need to tip some of my water into your empty glass so my glass has some room to fill it back up, it can’t overflow. Another one is like beads on a string. The number of beads is up to you but if all the beads are on your side, the other party can’t push any beats your way because you have them all. There’s ways to fix this. Either spend into the channel or buy incoming channel capacity. On the spend side, you can use websites like lightningconductor.net which allow you to send money to their Lightning node, from your new channel, and they’ll send the coins to your on-chain Bitcoin wallet. This is a simple way to empty your glass or push those beads to the other side and still retain all your money, minus LN and on-chain fees. For incoming capacity, you can use LNBig and get 400k satoshis of incoming capacity for free or lightningto.me, or you can pay lightningpowerusers.com or bitrefill.com to open larger capacity channels to you for a small fee.

For a beginner or someone new to Bitcoin/Lightning, using a custodial wallet like BlueWallet, Wallet of Satosh or Breez is far easier than trying to setup channels and buy or massage incoming capacity. You can simply install the application and using lightningconductor.net BTC to LN you can send some Bitcoin and they’ll forward it on to your lightning wallet, for a fee. These custodial wallets accept incoming transactions of 1 million satoshis or more. So now you’ve got a working wallet that’s got a few thousand satoshis, keep reading!

How to play: Two things are verifiable on the blockchain, time between blocks and transactions included in that block. First choose which block#, by default it will be the next one coming up. Then choose a public alias, others will be able to see your bets but they won’t know if you’ve paid or not, only you can see that. Next, guess the time it will take to mine the next Bitcoin or the number of transactions in that block. You can make multiple guesses. If you want to place a number of spread bets, I suggest opening a spreadsheet and getting it to generate the times or transactions for you. For example, put in 2300, then 2350, 2375, 2400, then drag down to generate as many in the sequence as you want. You can bet a maximum of 25 per invoice. This will hopefully ensure the small transaction amount will be successful. Once you’ve generated an invoice, pay it from the QR code or the lightning bolt11 string.
Now you’re ready to go. Wait till the next block goes active or the block you’ve bet on and you’ll see your bets and everyone else’s. Most importantly, what the final jackpot is. Unpaid invoices are discarded. If the block rolls over while you’re making up your mind the page will refresh and you could lose your input. Please plan your bets in notepad or a spreadsheet. I know this is annoying but I never claimed to be a UX codedesigner! It was a struggle getting all the css, ajax and javascript working, ahhhrrrrggg!! Next is the interesting part as this game can become competitive.

Game theory: As others make bets, you can encapsulate theirs. For example, they guess 2750 transactions, you can bet 2749 and 2751. While at first this seems unfair, what it doesn't show is what bets have been paid for and what have not. Only you can see your own bets that are paid and unpaid. To everyone else they look like paid bets. Only when the next block/jackpot starts can you see what's been paid for as unpaid bets are discarded. By placing dummy bets, unpaid, you can sucker someone in and greatly increase the jackpot payout at no cost to yourself. You can also use the same alias, for example, open up two different browsers, one for real bets and one for fake bets. This is why there’s a 25 bet limit, I don’t want people going too crazy with this. You can check your bets in the footer bar under ‘previous bets’. Also, IMPORTANT, please keep track of your account number at the top. If your session or browser has a problem, you can lose access to your bets and jackpot winnings. If this happens and you receive a new account number, simple use the claim jackpot in the footer to claim your winning jackpot. If you don’t have this, I can’t help you if something goes wrong. Rather than having a login/password system you have a unique account id. Don’t lose it! Now back to the blockchain.

What a minute… I though it took 10 minutes to confirm a block? Not always, actually it does this very rarely. If you average out every block over time, it averages around ten minutes. A block is confirmed when a miner takes transactions from the memory pool, up to ~1.2mb worth. Next, now this is the hard part, they need to generate a hash for that block, but it needs to start with X number of leading zeros. To achieve this, they use a random number called a nonce to seed/salt the hash and hopefully, it contains X number of zeros at the start of the block hash. If not, discard and keep trying. The winning block contains the miners local time, which can sometimes be wrong. This is why sometimes you get negative block times. See block #180966 then the next block, #180967's time stamp is before the first one! Who cares, as long as the later block references the previous block to keep the chain intact. You can’t guess negative numbers but you can guess 0 seconds. Which I guess is like betting on the green zero in roulette.

Ready to play?
Each bet is worth 5,000 satoshis. I wanted it to be expensive enough to prevent spam and also the jackpots be large enough that it would be worth playing. I hope you have fun.
Website is https://blockwisdom.com
My Twitter handle is @nixdice
If you have any questions or issues, please contact me here or on Twitter I’ll try my best to sort it out quickly.
submitted by nixdice to Bitcoin [link] [comments]

CRYPTOCURRENCY BITCOIN

CRYPTOCURRENCY BITCOIN
Bitcoin Table of contents expand: 1. What is Bitcoin? 2. Understanding Bitcoin 3. How Bitcoin Works 4. What's a Bitcoin Worth? 5. How Bitcoin Began 6. Who Invented Bitcoin? 7. Before Satoshi 8. Why Is Satoshi Anonymous? 9. The Suspects 10. Can Satoshi's Identity Be Proven? 11. Receiving Bitcoins As Payment 12. Working For Bitcoins 13. Bitcoin From Interest Payments 14. Bitcoins From Gambling 15. Investing in Bitcoins 16. Risks of Bitcoin Investing 17. Bitcoin Regulatory Risk 18. Security Risk of Bitcoins 19. Insurance Risk 20. Risk of Bitcoin Fraud 21. Market Risk 22. Bitcoin's Tax Risk What is Bitcoin?
Bitcoin is a digital currency created in January 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto, whose true identity is yet to be verified. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies.
There are no physical bitcoins, only balances kept on a public ledger in the cloud, that – along with all Bitcoin transactions – is verified by a massive amount of computing power. Bitcoins are not issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity. Despite it not being legal tender, Bitcoin charts high on popularity, and has triggered the launch of other virtual currencies collectively referred to as Altcoins.
Understanding Bitcoin Bitcoin is a type of cryptocurrency: Balances are kept using public and private "keys," which are long strings of numbers and letters linked through the mathematical encryption algorithm that was used to create them. The public key (comparable to a bank account number) serves as the address which is published to the world and to which others may send bitcoins. The private key (comparable to an ATM PIN) is meant to be a guarded secret and only used to authorize Bitcoin transmissions. Style notes: According to the official Bitcoin Foundation, the word "Bitcoin" is capitalized in the context of referring to the entity or concept, whereas "bitcoin" is written in the lower case when referring to a quantity of the currency (e.g. "I traded 20 bitcoin") or the units themselves. The plural form can be either "bitcoin" or "bitcoins."
How Bitcoin Works Bitcoin is one of the first digital currencies to use peer-to-peer technology to facilitate instant payments. The independent individuals and companies who own the governing computing power and participate in the Bitcoin network, also known as "miners," are motivated by rewards (the release of new bitcoin) and transaction fees paid in bitcoin. These miners can be thought of as the decentralized authority enforcing the credibility of the Bitcoin network. New bitcoin is being released to the miners at a fixed, but periodically declining rate, such that the total supply of bitcoins approaches 21 million. One bitcoin is divisible to eight decimal places (100 millionths of one bitcoin), and this smallest unit is referred to as a Satoshi. If necessary, and if the participating miners accept the change, Bitcoin could eventually be made divisible to even more decimal places. Bitcoin mining is the process through which bitcoins are released to come into circulation. Basically, it involves solving a computationally difficult puzzle to discover a new block, which is added to the blockchain and receiving a reward in the form of a few bitcoins. The block reward was 50 new bitcoins in 2009; it decreases every four years. As more and more bitcoins are created, the difficulty of the mining process – that is, the amount of computing power involved – increases. The mining difficulty began at 1.0 with Bitcoin's debut back in 2009; at the end of the year, it was only 1.18. As of February 2019, the mining difficulty is over 6.06 billion. Once, an ordinary desktop computer sufficed for the mining process; now, to combat the difficulty level, miners must use faster hardware like Application-Specific Integrated Circuits (ASIC), more advanced processing units like Graphic Processing Units (GPUs), etc.
What's a Bitcoin Worth? In 2017 alone, the price of Bitcoin rose from a little under $1,000 at the beginning of the year to close to $19,000, ending the year more than 1,400% higher. Bitcoin's price is also quite dependent on the size of its mining network since the larger the network is, the more difficult – and thus more costly – it is to produce new bitcoins. As a result, the price of bitcoin has to increase as its cost of production also rises. The Bitcoin mining network's aggregate power has more than tripled over the past twelve months.
How Bitcoin Began
Aug. 18, 2008: The domain name bitcoin.org is registered. Today, at least, this domain is "WhoisGuard Protected," meaning the identity of the person who registered it is not public information.
Oct. 31, 2008: Someone using the name Satoshi Nakamoto makes an announcement on The Cryptography Mailing list at metzdowd.com: "I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party. The paper is available at http://www.bitcoin.org/bitcoin.pdf." This link leads to the now-famous white paper published on bitcoin.org entitled "Bitcoin: A Peer-to-Peer Electronic Cash System." This paper would become the Magna Carta for how Bitcoin operates today.
Jan. 3, 2009: The first Bitcoin block is mined, Block 0. This is also known as the "genesis block" and contains the text: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks," perhaps as proof that the block was mined on or after that date, and perhaps also as relevant political commentary.
Jan. 8, 2009: The first version of the Bitcoin software is announced on The Cryptography Mailing list.
Jan. 9, 2009: Block 1 is mined, and Bitcoin mining commences in earnest.
Who Invented Bitcoin?
No one knows. Not conclusively, at any rate. Satoshi Nakamoto is the name associated with the person or group of people who released the original Bitcoin white paper in 2008 and worked on the original Bitcoin software that was released in 2009. The Bitcoin protocol requires users to enter a birthday upon signup, and we know that an individual named Satoshi Nakamoto registered and put down April 5 as a birth date. And that's about it.
Before Satoshi
Though it is tempting to believe the media's spin that Satoshi Nakamoto is a solitary, quixotic genius who created Bitcoin out of thin air, such innovations do not happen in a vacuum. All major scientific discoveries, no matter how original-seeming, were built on previously existing research. There are precursors to Bitcoin: Adam Back’s Hashcash, invented in 1997, and subsequently Wei Dai’s b-money, Nick Szabo’s bit gold and Hal Finney’s Reusable Proof of Work. The Bitcoin white paper itself cites Hashcash and b-money, as well as various other works spanning several research fields.
Why Is Satoshi Anonymous?
There are two primary motivations for keeping Bitcoin's inventor keeping his or her or their identity secret. One is privacy. As Bitcoin has gained in popularity – becoming something of a worldwide phenomenon – Satoshi Nakamoto would likely garner a lot of attention from the media and from governments.
The other reason is safety. Looking at 2009 alone, 32,489 blocks were mined; at the then-reward rate of 50 BTC per block, the total payout in 2009 was 1,624,500 BTC, which at today’s prices is over $900 million. One may conclude that only Satoshi and perhaps a few other people were mining through 2009 and that they possess a majority of that $900 million worth of BTC. Someone in possession of that much BTC could become a target of criminals, especially since bitcoins are less like stocks and more like cash, where the private keys needed to authorize spending could be printed out and literally kept under a mattress. While it's likely the inventor of Bitcoin would take precautions to make any extortion-induced transfers traceable, remaining anonymous is a good way for Satoshi to limit exposure.
The Suspects
Numerous people have been suggested as possible Satoshi Nakamoto by major media outlets. Oct. 10, 2011, The New Yorker published an article speculating that Nakamoto might be Irish cryptography student Michael Clear or economic sociologist Vili Lehdonvirta. A day later, Fast Company suggested that Nakamoto could be a group of three people – Neal King, Vladimir Oksman and Charles Bry – who together appear on a patent related to secure communications that were filed two months before bitcoin.org was registered. A Vice article published in May 2013 added more suspects to the list, including Gavin Andresen, the Bitcoin project’s lead developer; Jed McCaleb, co-founder of now-defunct Bitcoin exchange Mt. Gox; and famed Japanese mathematician Shinichi Mochizuki.
In December 2013, Techcrunch published an interview with researcher Skye Grey who claimed textual analysis of published writings shows a link between Satoshi and bit-gold creator Nick Szabo. And perhaps most famously, in March 2014, Newsweek ran a cover article claiming that Satoshi is actually an individual named Satoshi Nakamoto – a 64-year-old Japanese-American engineer living in California. The list of suspects is long, and all the individuals deny being Satoshi.
Can Satoshi's Identity Be Proven?
It would seem even early collaborators on the project don’t have verifiable proof of Satoshi’s identity. To reveal conclusively who Satoshi Nakamoto is, a definitive link would need to be made between his/her activity with Bitcoin and his/her identity. That could come in the form of linking the party behind the domain registration of bitcoin.org, email and forum accounts used by Satoshi Nakamoto, or ownership of some portion of the earliest mined bitcoins. Even though the bitcoins Satoshi likely possesses are traceable on the blockchain, it seems he/she has yet to cash them out in a way that reveals his/her identity. If Satoshi were to move his/her bitcoins to an exchange today, this might attract attention, but it seems unlikely that a well-funded and successful exchange would betray a customer's privacy.
Receiving Bitcoins As Payment
Bitcoins can be accepted as a means of payment for products sold or services provided. If you have a brick and mortar store, just display a sign saying “Bitcoin Accepted Here” and many of your customers may well take you up on it; the transactions can be handled with the requisite hardware terminal or wallet address through QR codes and touch screen apps. An online business can easily accept bitcoins by just adding this payment option to the others it offers, like credit cards, PayPal, etc. Online payments will require a Bitcoin merchant tool (an external processor like Coinbase or BitPay).
Working For Bitcoins
Those who are self-employed can get paid for a job in bitcoins. There are several websites/job boards which are dedicated to the digital currency:
Work For Bitcoin brings together work seekers and prospective employers through its websiteCoinality features jobs – freelance, part-time and full-time – that offer payment in bitcoins, as well as Dogecoin and LitecoinJobs4Bitcoins, part of reddit.comBitGigs
Bitcoin From Interest Payments
Another interesting way (literally) to earn bitcoins is by lending them out and being repaid in the currency. Lending can take three forms – direct lending to someone you know; through a website which facilitates peer-to-peer transactions, pairing borrowers and lenders; or depositing bitcoins in a virtual bank that offers a certain interest rate for Bitcoin accounts. Some such sites are Bitbond, BitLendingClub, and BTCjam. Obviously, you should do due diligence on any third-party site.
Bitcoins From Gambling
It’s possible to play at casinos that cater to Bitcoin aficionados, with options like online lotteries, jackpots, spread betting, and other games. Of course, the pros and cons and risks that apply to any sort of gambling and betting endeavors are in force here too.
Investing in Bitcoins
There are many Bitcoin supporters who believe that digital currency is the future. Those who endorse it are of the view that it facilitates a much faster, no-fee payment system for transactions across the globe. Although it is not itself any backed by any government or central bank, bitcoin can be exchanged for traditional currencies; in fact, its exchange rate against the dollar attracts potential investors and traders interested in currency plays. Indeed, one of the primary reasons for the growth of digital currencies like Bitcoin is that they can act as an alternative to national fiat money and traditional commodities like gold.
In March 2014, the IRS stated that all virtual currencies, including bitcoins, would be taxed as property rather than currency. Gains or losses from bitcoins held as capital will be realized as capital gains or losses, while bitcoins held as inventory will incur ordinary gains or losses.
Like any other asset, the principle of buying low and selling high applies to bitcoins. The most popular way of amassing the currency is through buying on a Bitcoin exchange, but there are many other ways to earn and own bitcoins. Here are a few options which Bitcoin enthusiasts can explore.
Risks of Bitcoin Investing
Though Bitcoin was not designed as a normal equity investment (no shares have been issued), some speculative investors were drawn to the digital money after it appreciated rapidly in May 2011 and again in November 2013. Thus, many people purchase bitcoin for its investment value rather than as a medium of exchange.
However, their lack of guaranteed value and digital nature means the purchase and use of bitcoins carries several inherent risks. Many investor alerts have been issued by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), the Consumer Financial Protection Bureau (CFPB), and other agencies.
The concept of a virtual currency is still novel and, compared to traditional investments, Bitcoin doesn't have much of a long-term track record or history of credibility to back it. With their increasing use, bitcoins are becoming less experimental every day, of course; still, after eight years, they (like all digital currencies) remain in a development phase, still evolving. "It is pretty much the highest-risk, highest-return investment that you can possibly make,” says Barry Silbert, CEO of Digital Currency Group, which builds and invests in Bitcoin and blockchain companies.
Bitcoin Regulatory Risk
Investing money into Bitcoin in any of its many guises is not for the risk-averse. Bitcoins are a rival to government currency and may be used for black market transactions, money laundering, illegal activities or tax evasion. As a result, governments may seek to regulate, restrict or ban the use and sale of bitcoins, and some already have. Others are coming up with various rules. For example, in 2015, the New York State Department of Financial Services finalized regulations that would require companies dealing with the buy, sell, transfer or storage of bitcoins to record the identity of customers, have a compliance officer and maintain capital reserves. The transactions worth $10,000 or more will have to be recorded and reported.
Although more agencies will follow suit, issuing rules and guidelines, the lack of uniform regulations about bitcoins (and other virtual currency) raises questions over their longevity, liquidity, and universality.
Security Risk of Bitcoins
Bitcoin exchanges are entirely digital and, as with any virtual system, are at risk from hackers, malware and operational glitches. If a thief gains access to a Bitcoin owner's computer hard drive and steals his private encryption key, he could transfer the stolen Bitcoins to another account. (Users can prevent this only if bitcoins are stored on a computer which is not connected to the internet, or else by choosing to use a paper wallet – printing out the Bitcoin private keys and addresses, and not keeping them on a computer at all.) Hackers can also target Bitcoin exchanges, gaining access to thousands of accounts and digital wallets where bitcoins are stored. One especially notorious hacking incident took place in 2014, when Mt. Gox, a Bitcoin exchange in Japan, was forced to close down after millions of dollars worth of bitcoins were stolen.
This is particularly problematic once you remember that all Bitcoin transactions are permanent and irreversible. It's like dealing with cash: Any transaction carried out with bitcoins can only be reversed if the person who has received them refunds them. There is no third party or a payment processor, as in the case of a debit or credit card – hence, no source of protection or appeal if there is a problem.
Insurance Risk
Some investments are insured through the Securities Investor Protection Corporation. Normal bank accounts are insured through the Federal Deposit Insurance Corporation (FDIC) up to a certain amount depending on the jurisdiction. Bitcoin exchanges and Bitcoin accounts are not insured by any type of federal or government program.
Risk of Bitcoin Fraud
While Bitcoin uses private key encryption to verify owners and register transactions, fraudsters and scammers may attempt to sell false bitcoins. For instance, in July 2013, the SEC brought legal action against an operator of a Bitcoin-related Ponzi scheme.
Market Risk
Like with any investment, Bitcoin values can fluctuate. Indeed, the value of the currency has seen wild swings in price over its short existence. Subject to high volume buying and selling on exchanges, it has a high sensitivity to “news." According to the CFPB, the price of bitcoins fell by 61% in a single day in 2013, while the one-day price drop in 2014 has been as big as 80%.
If fewer people begin to accept Bitcoin as a currency, these digital units may lose value and could become worthless. There is already plenty of competition, and though Bitcoin has a huge lead over the other 100-odd digital currencies that have sprung up, thanks to its brand recognition and venture capital money, a technological break-through in the form of a better virtual coin is always a threat.
Bitcoin's Tax Risk
As bitcoin is ineligible to be included in any tax-advantaged retirement accounts, there are no good, legal options to shield investments from taxation.
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Related Terms
Satoshi
The satoshi is the smallest unit of the bitcoin cryptocurrency. It is named after Satoshi Nakamoto, the creator of the protocol used in block chains and the bitcoin cryptocurrency.
Chartalism Chartalism is a non-mainstream theory of money that emphasizes the impact of government policies and activities on the value of money.
Satoshi Nakamoto The name used by the unknown creator of the protocol used in the bitcoin cryptocurrency. Satoshi Nakamoto is closely-associated with blockchain technology.
Bitcoin Mining, Explained Breaking down everything you need to know about Bitcoin Mining, from Blockchain and Block Rewards to Proof-of-Work and Mining Pools.
Understanding Bitcoin Unlimited Bitcoin Unlimited is a proposed upgrade to Bitcoin Core that allows larger block sizes. The upgrade is designed to improve transaction speed through scale.
Blockchain Explained
A guide to help you understand what blockchain is and how it can be used by industries. You've probably encountered a definition like this: “blockchain is a distributed, decentralized, public ledger." But blockchain is easier to understand than it sounds.
Top 6 Books to Learn About Bitcoin About UsAdvertiseContactPrivacy PolicyTerms of UseCareers Investopedia is part of the Dotdash publishing family.The Balance Lifewire TripSavvy The Spruceand more
By Satoshi Nakamoto
Read it once, go read other crypto stuff, read it again… keep doing this until the whole document makes sense. It’ll take a while, but you’ll get there. This is the original whitepaper introducing and explaining Bitcoin, and there’s really nothing better out there to understand on the subject.
“What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party

submitted by adrian_morrison to BlockchainNews [link] [comments]

DABANKING: A PLATFORM THAT FOCUSES ON BUILDING A GAME ECOSYSTEM ON DAPP.

DABANKING: A PLATFORM THAT FOCUSES ON BUILDING A GAME ECOSYSTEM ON DAPP.

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Good day to all, in this article, I would like to talk about the newest and exceptional innovation, I will discuss how this company is integrating the blockchain technology. This company is no other than DABANKING.
I will enlighten us on the features, benefits and future plans of DABANKING in the realm of cryptocurrency. DABANKING is making the Cryptocurrency Market to be incredible once more!
DABANKING is a team of leading Developers who were the partners of the Ethereum Blockchain platform, with the aspiration to make an autonomous, independent and incredible utility blockchain, gaining practical experience in structure dApps for entertainment. DABANKING is wishing to make a reasonable aggressive condition with the goal that different developers can build their very own dApp in a similar field to build up this developing community.
The DABANKING project was brought into the world with an extraordinary mission that turns into the pioneering utility blockchain. DABANKING plans to give a standout amongst the best services to the gaming community and fans by structure a game ecosystem on dApp.
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A decentralized application (dApp) is an application that enables clients to control and possess their information, without oversight from any concentrated supplier. With customary applications, your security and digitals rights can be restricted. With decentralized applications you claim your information! DABANKING take transparency, fairness and optimal user experience as criteria to develop.
The Team of DABANKING has made a utility token called DAA token which will fill in as the significant drive of this ecosystem. The total supply of DAA is limit and it is just 20 Million.
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The best way to procure is that clients or any crypto aficionado who needs DAA token must purchase a ticket which they will use in playing Games utilizing Eth.
DAA token can be utilized in playing Games in the spot of Eth. Clients earn Eth at regular intervals by staking or hodling DAA token. The group is likewise wanting to complete a token consume program which will, in the long run, lessen the measure of DAA token available for use and the greatest supply in this manner expanding the estimation of the token enabling clients to make benefits.
One of DABANKING's first dApp products is the FomoJackpot lottery program with extremely smart, unique and interesting rules that promise to create a very strong fomo effect in the first month of launch. The FomoJackpot program gives thousands of players a chance to earn attractive money when the cryptocurrency market is experiencing a strong recover. It is expected that the first round of ticket selling will be on 8th June of this year (2019).
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HOW FOMOJACKPOT WORKS

To have the option to buy FomoJackpot's Ticket, you need a PC that introduces Metamask or Trust Wallet on your telephone. In addition, there must be ETH in your wallet to purchase a ticket.
When you purchase a ticket, you will likewise mine DAA Token. For each 0.05 ETH you use to purchase a ticket, you can mine a DAA Token. Profit Pool will contain 10% of all out ETH tickets obtained and all benefits of FomoJackpot. When at regular intervals, the profit pool will be paid out as indicated by the structure:
  • 70% of the ETH in the pool is separated similarly to all records that have solidified DAA Token.
  • 30% of profits pool will be added to the following 2-week profit pool.
Every user of DABANKING is entitled to benefit from the Referral program of the platform such that when you introduce a newcomer buying a ticket through your own referral link, you get unlimited income up to 17% for 10 levels as seen below: Level 1: 6% Level 2: 4% Level 3: 2% Level 4: 1% Level 5: 1% Level 6: 1% Level 7: 0.5% Level 8: 0.5% Level 9: 0.5% Level 10: 0.5%
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ROADMAP

By definition, Roadmap is a plan or strategy intended to achieve a particular goal. That is to say the DABANKING Roadmap is step-by-step means by which the mission of the project is to be fully achieved.
Below is a pictorial representation of the DABANKING Roadmap:
https://preview.redd.it/f0ue2y9rdx031.jpg?width=622&format=pjpg&auto=webp&s=7eb34195c0eaf268b449d683c5e48a465165c897

CONCLUSION

I could see in this project that it is not just a mediocre type of project for crypto and blockchain. I am seeing that the team members are serious in making the blockchain a widespread use for everyone. I do recommend the DABANKING blockchain project when it comes to the working product and its state of the art on Gaming. Making the use of crypto be streamlined in our everyday lives especially the most popular game in the world.
Join the DABANKING community today and let’s experience the winning together!
https://preview.redd.it/d17g0jftdx031.jpg?width=622&format=pjpg&auto=webp&s=babeecc0be35b24f5bf548b530a5769581c14caf
For more information about the DABANKING project and participation, kindly get connected with these links:
WEBSITE: https://dabanking.io/
WHITEPAPER: http://dabanking.io/static/whitepaper.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=5146671
DISCORD: https://discordapp.com/invite/uqfMjYV
TWITTER: https://twitter.com/Dabanking_io
FACEBOOK: https://www.facebook.com/dabanking.io/
REDDIT: https://www.reddit.com/dabanking/
MEDIUM: https://medium.com/@dabanking.io
YOUTUBE: https://www.youtube.com/channel/UCQbGkMKlxM7JdBY89S9UcIA

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WRITER'S DETAILS
BitcoinTalk Username: cryptoblezin
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2178561;sa=summary
ETH Address: 0xC89b8Dd7e3E137DB108575EeAe301E52b6C72d9F
submitted by blessingsdrop to ICOAnalysis [link] [comments]

Best casino software provider company

casino poker guru is a online gambling where all types of software are available that you can use to manage your gaming business. We provide 100+casino games from the leading game providers. our features are:-
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casino poker guru offers some of the most unique features of all casino software, and has made many special advances in the industry.
Currently, casino poker guru is the only software company supporting live dealers for their table games via webcam, adding that personal real-time dimension many gamers love to see. our software not only gives you an online gaming experience, it also gives you the gaming life only you can imagine, as if you were really there at the table and dealing for real money.
MicrogamingMicrogaming in introduced in 1994, this software has poweful and this software has advanced features as compared to other market of casino online playing, only recently releasing the Microgaming software suite in January of 2004. Every casino powered by the Microgaming features several bonuses and benefits, such as auto play and an expanded game help. Some other features include a game statistics and a strategy interface, allowing a player to set a game strategy while simultaneously taking care of other things, either online or in real life. Again, auto play has become a handy feature for many forms of software, most notably Microgaming.
IGTFormally known as Interactive Gaming Technology, IGT has been designing slots machines since long before online casinos even existed! Then, in 2005, IGT bought the WagerWorks brand and officially entered the world of online casinos. With a unique mix of real world business connections and decades of experience, IGT is a very serious casino operator. IGT offers just about everything you could hope for. From streaming there is no download software to mobile gambling options, their technology has you covered. IGT’s biggest strength, though, has to do with the quality of their games. They are stunning, from a technical perspective, and they’re also affiliated with all of the big franchises in the business, like Monopoly and Wheel of Fortune!
To do so, our team of expert reviewers and researchers trawl the internet to find the ultimate in online casinos, checking out everything from the game variety and user experience they offer to their customer service team, payout speeds and banking options. Here are a few things we always look out for before recommending any online casinos to you:
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Start Playing with the Best Casino Software:- If you’re ready to get started with online gambling, you’ve come to the right place. Our team has done the research to be able to bring you the ultimate in casino software, from some of the biggest and best developers in the business. Just check out our list of top recommended casino sites to see what you could be playing right now. Remember, all our top rated sites offer fantastic variety, so whether you’re looking for traditional table games like baccarat, roulette, or poker, or you’re on the hunt for brand new slots and games that work best online, you’ll definitely find something to suit you.
https://www.casinopokerguru.com/best-casino-software-provider-company.php
submitted by casinopokerguru to u/casinopokerguru [link] [comments]

Crypto Became a Gambler’s Paradise?

Source https://news.bitcoin.com/how-crypto-became-a-gamblers-paradise/
Comparing cryptocurrency trading to gambling is like comparing crypto tribalism to religion: the analogy is correct, but it’s also tired. What bears emphasizing, then, isn’t that crypto trading and crypto gambling are often indistinguishable, but the extent to which the two disciplines permeate the cryptosphere. From the most popular dapps to the leading hacks, everything of interest within the space can be interpreted as a form of gambling. It’s the reason why crypto is so fascinating and so addictive.

The Whole World Is a Game

The gamification of everything is the endgame of life itself. Soon it will be impossible to go for a jog without receiving a high score or being showered in shitcoins for your efforts. Competition is what drives us as humans. The desire to be better than one’s fellow man or woman is the reason we’re here today on the internet, and not still living in mud huts. Combining money, mathematical puzzles, economics and copious amounts of game theory, crypto is a heady concoction of all the things that spur a man to get out of bed in the morning and conquer the world.
And the use of “man,” on this occasion is deliberate. There are many reasons why crypto has been historically male-dominated, some of which are too contentious or tangential to delve into here. This much, however, needs said: men are greater risk takers in life. It’s why their fortunes are more likely to fall in the extremes than in the mean: atop the mountain or in the gutter, but rarely in between. It’s also why crypto’s greatest success story so far has been letting men do what they were gonna do anyway: gamble, both literally and loosely, while striving to stack more sats than their peers.

Gambling on a Future for Dapps

What is altcoin trading if not a game to end up with more BTC than you started out with? Whether you get there through charting ichimoku clouds or rolling high-low in a crypto casino seems immaterial. To understand the extent to which gambling dominates the cryptosphere, there’s only one place to start – the dapp store. Hit up your favorite dapp tracker (Dappradar or State of the Dapps are probably best) and take a look at the most popular decentralized applications on each chain.

Top 10 dapps according to Dappradar

State of the Dapps notes six of the dapps in its top 10 as being gambling. Dappradar, which records more crypto networks, including Tron, also has six gambling applications in its top 10. Leading the pack is Wink, the betting platform that uses the same principles as Bitcoin.com’s Cashgames: instant wins, micropayments, and provably fair gambling. Wink can be accessed as a conventional casino or on a game by game (i.e dapp by dapp) basis. In most respects, Wink is indistinguishable from any other crypto casino, with the primary difference being the way in which it’s accessed.
Online casinos can be banned and geo-restricted, as often occurs at national level. Dapps, while not the censorship-resistant paradise their proponents would have them, are a lot harder to block. It’s no surprise that many of the most popular gambling dapps have struck gold in Asia, where download links are shared in Wechat groups and where wagering on life is a way of life for many.

Trading or Wagering?

Not all gambling dapps can be neatly filed into the gambling category. How to interpret Bulls vs Bears for example? Like many of the leading dapps on Tron and EOS, it’s dubbed as gaming, rather than gambling, and as a skill-based endeavor, that’s technically correct. Players don’t compete against the house, and since the game calls for predicting crypto market trends, there’s skill involved. With talk of a “dynamic wagering environment” and large jackpots, though, it’s clear who the dapp’s target demographic is. Like many new dapps trying to bootstrap, Bulls vs Bears relies on giveaways (in this case TRX tokens for signing up) as a means of getting bodies through the door, or rather users on the protocol.
In condensing the act of trading into basic binary options – high/low, bull/bear, the dapp bestows the same duality that bifurcates so many other domains in life, from U.S. politics to dead rappers. Are you a bull or bear? Republican or Democrat? Biggie or Tupac fan? Somewhere out there is a dapp for that, where you can wager on binary options for all the things you love and hate.
Further blurring the lines between what constitutes gambling and what’s trading is Guesser. Built on Augur, it’s technically a prediction market that uses crowdsourced wisdom to determine probable outcomes. In reality though, it’s a betting dapp, and a very neat one at that. Guesser appears to have given up all pretences of operating a prediction market, inviting users to “Bet up to” a certain amount on each market.

There’s More Than One Way to Beat a Dapp

While crypto users have been filling Telegram and Wechat groups with gambling dapp strategies, a handful of more enterprising individuals have been working on their own means of beating the system. In crypto, as in everything else, there’s always a way to fast track your way to riches, provided you don’t mind breaking a few rules along the way.
Eosplay usage briefly dropped to zero after an attacker found a way to drain the pool of EOS.
Eosplay is the sixth most popular gambling dapp on EOS. For a short while, over the weekend, it was also the most profitable for whoever rented a bunch of resources and used them to clean out 30,000 EOS from the contract. Call it genius, cheating or a bit of both, it was an effective case study in unorthodox ways to beat the house.
People can moan about the rough edges around defi protocols, the unreadability of bitcoin addresses, and the complexity of wallet recovery, but not everything in crypto is quite so wonky. Gambling has been a mainstay since the beginning of Bitcoin, and developers have gotten extremely efficient at it. If crypto builders can approach other ecosystem verticals with the same gusto with which players and devs have approached gambling dapps, mainstream adoption is just a UX breakthrough away. Where there’s a will to innovate, there’s a way, and when there’s money wagering on it, no problem is too big to solve.
From casinos to bitcoin, formerly fringe interests have now been normalized, thanks to those willing to put a punt on them when no one else would. Where gamblers lead, the mainstream tends to follow.
Do you think gambling is one of the best use cases for crypto to date? Let us know in the comments section below.
submitted by Alanonzales to CryptoCurrency [link] [comments]

Blockchain Expert Naviin Kapoor joins Bitwin Token Advisory Board

We’re excited to welcome a new official member to Bitwin 2.0’s advisory board, Naviin Kapoor. Mr. Kapoor is a dedicated and passionate advocate of the cryptocurrencies, blockchain technology and ICO/ STO. Navin is as a real ICO veteran and a well-known name in the crypto community. His skills and know-how served for over 75 projects up to date. As a number three TOP ICO advisor worldwide he can be unquestionably assumed as one of the most experienced expert on blockchain ICO scene. His consultancy for blockchain driven projects spanned across multiple domains, including commerce, banking, mining and travel. Recently formed partnership will facilitate many of the aspects of upcoming Bitwin Token Public Sale and Bitwin 2.0 platform feasibility. Naviin Kapoor will also help in an on-chain implementation of Random Number Generator, Bitwin Network, Global Jackpot and Game Developers Kit. Hence, concepts of RNG and GDK are well developed in a centralized domain and existing legacy systems, coding them and the rest of Bitwin key solutions on blockchain will become a serious venture and a true novelty for the market. Bitwin 2.0 projects’ sophisticated innovations require much expertise, knowledge and thoughtful selection of human resources to meet the challenge. Hence, Mr. Kapoor will become perfect addition to the Bitwin 2.0 project. Cooperation, bounded on professional ground, will speed up Bitwin 2.0 projects aspiration to become the leader in blockchain iGaming field and elevate the projects’ chances to succeed in a highly competitive ICO scene. Vast blockchain and business experience of Naviin Kapoor will help in unleashing the potential of Bitwin’s already market- proven 38 person team. Please give Naviin Kapoor a warm welcome! About Navin Kapoor: Naviin Kapoor, a blockchain consultant and a business transformation leader with more than twelve years of experience in project management and business analysis and more than one year of experience in ethereum, bitcoin, hyperledger, EOS, consensus protocol and distributed/shared ledger technology. He has also attained various industry certifications such as PMP, CBAP, ITIL & Professional Scrum Master Level 1. He had worked on various banking transformation projects — “sustainable and disruption”, which were initiated in various domains such as Retail Banking, Cash Management, Integrated Liquidity Management (ILM), Corporate Banking, Asset & Wealth Management, Financial Messaging, Regulatory Sanctions Filtering and Local and International Payment Systems. His proficiency in handling Project Life-Cycle Management, requirement elicitation, feasibility study, planning, scheduling, tracking, assessment/design, testing, change management and implementation support in both Waterfall and Agile environment is outstanding. He has good understanding of cryptography, including asymmetric (pub/priv key), symmetric, hash functions, encryption/signatures. Moreover, he is detail-oriented and skilled in the analysis, design and re-engineering of system applications and business process improvement. Currently, Naviin is working on digital transformation projects and providing consultation on blockchain, cryptocurrencies and ICOs. Bitwin 2.0 Private Sale is now LIVE! Get your chance of entering the project at the most profitable conditions by investing in BWT Token now! To be eligible you need to complete whitelisting process on https://token.bitwin.com/index.html#whitelist and send an email at [[email protected]](mailto:[email protected]). We will guide you then through purchasing process. Bitwin and BWT official media: Website: https://token.bitwin.com Bitwin 1.0: https://bitwin-demo.com Facebook: https://www.facebook.com/bwtoken Telegram: https://t.me/joinchat/DjnZixBK15Be8fzABNZhcw Instagram: https://www.instagram.com/bitwintoken Medium: https://medium.com/@bitwintoken Twitter: https://twitter.com/BitwinToken Discord: https://discordapp.com/invite/DNCksEm LinkedIn: https://www.linkedin.com/company/bitwin-com Reddit: https://www.reddit.com/BitwinToken
submitted by RoknRol1 to BitwinToken [link] [comments]

Fantasy Sports Giant Fanduel Now Accepts Bitcoin Cash

Fantasy Sports Giant Fanduel Now Accepts Bitcoin Cash

https://preview.redd.it/jcv5avi54yk31.png?width=1000&format=png&auto=webp&s=589045ab8ebe1c9aa981e0e9a51831d913b2bb88
The second-largest fantasy sports provider Fanduel has revealed customers can make deposits on the platform using cryptocurrency. Fanduel members can now top up their accounts with BCH or BTC via the digital currency payment provider Bitpay.
Also Read: More Than 70 Projects and Applications Built Around Bitcoin Cash

Fanduel Adds Bitcoin Payments via Bitpay

Fantasy sports is a hugely popular phenomenon worldwide that experiences more than 10% annual growth and is currently an $8 billion dollar industry. The Fantasy Sports Trade Association (FSTA) has recorded more than 59 million fantasy sports participants throughout the U.S. and Canada alone. Basically, the game of roto or fantasy sports is a tournament of people who assemble virtual teams made up of real players in a professional league. The players’ real-world statistics apply to the fantasy team and people wager on these games every day online. Fanduel is one of the most popular fantasy sport providers on the internet, and on Sep. 3, the company announced that customers can fund their accounts with bitcoin cash (BCH) and bitcoin core (BTC).

https://preview.redd.it/581zj3y74yk31.png?width=700&format=png&auto=webp&s=34a97cda1f9bd6f93d8a40cacccfe744af12cbac
Fanduel members can use crypto with their accounts via the Atlanta-based payment processor Bitpay. The firm’s chief commercial officer Sonny Singh explained that with Fanduel accepting bitcoin, patrons will have access to an alternative form of payment just before the NFL season starts. “NFL Football is one of the most popular sporting events to watch and the start of the football season makes it a perfect time to introduce Bitcoin to these fans,” said Singh. “We wanted to have the option in place for Bitcoin users to deposit cryptocurrency into their Fanduel accounts and take advantage of the daily fantasy sports games.”

Fanduel’s Past Issues With Payment Processors and the ‘Bitcoin Bowl’

People have wanted Fanduel to accept bitcoin for years now and it was discussed back in Feb. 2016 when Fanduel and Draftkings lost a major payment provider. At the time, Fanduel and Draftkings commanded more than 90% of the daily fantasy sports (DFS) market. A few states in the U.S. decided that DFS was a form of illegal online gambling and prohibited residents from using the two sites. One of Fanduel and Draftkings’ payment processors at the time was a firm called Vantiv Entertainment Solutions who decided to end the financial relationship abruptly. Jonathan Ellman, chief transaction and marketing counsel at Vantiv, said it was due to “an increasing number of state attorneys general have determined that daily fantasy sports (‘D.F.S.’) constitute illegal gambling.” Draftkings was upset that Vantiv pulled out of the partnership and claimed Vantiv was under “court order to continue to fulfill its contractual obligation to Draftkings.”
Fanduel and Draftkings didn’t seek out cryptocurrencies at the time but Fanduel has dealt with digital assets in the past. In Jan. 2018 the company had a “Bitcoin Bowl” contest and gave away a total of 3.75 BTC to the winners in a free match. Out of the jackpot, 2 BTC was awarded to tournament players who paid $3 to enter the game. Users had to provide a valid BTCaddress after the playoffs were finished in order to receive the winning prizes. “When your team makes the playoffs, the sky’s the limit — And from what we’ve read online, bitcoin investors know exactly how that feels,” Fanduel’s website read at the time. “So, for week one of the playoffs, we’re giving you two chances to hop on the ultimate bandwagon and play to win some bitcoins of your own.”

https://preview.redd.it/rtaubys94yk31.png?width=730&format=png&auto=webp&s=8c140f46b24e87a973ff6ba29b9acc60f9f07329

Smaller DFS Platforms and Regulators

That same month, Fanduel surpassed over 6 million registrants and the company’s chief financial officer Andy Giancamilli said he recognized a good portion of the company’s user base had an interest in bitcoin. Moreover, Giancamilli commented that the company had always searched for unique prizes. Even though it’s the biggest, Fanduel isn’t the only fantasy sports platform that accepts bitcoin, as a number of smaller portals offer crypto payments as well. There’s fantasy sports sites and DFS tournaments like Gtbets, MVP Lineup, Fantasy Factor, and No Limit.

https://preview.redd.it/1xun30bc4yk31.png?width=1000&format=png&auto=webp&s=4d3898ab40d70b78ea5a3955bc1f6a7a8e7d10a0
Fanduel is available in the U.S. but the site is banned and blocked in Alabama, Arizona, Hawaii, Idaho, Iowa, Louisiana, Montana, Nevada, New York, Washington, and Texas. The UK Gambling Commission was the first region worldwide to include the regulation of cryptocurrencies and DFS gambling in 2016 and the Isle of Man Gambling Commission followed suit shortly after. At the time, the UK Gambling Commission was the first major regulator to authorize digital currency gambling with KYC/AML guidelines. With Fanduel allowed to accept BCH and BTC for DFS wagers, U.S. regulators may follow behind the U.K. as well.
What do you think about Fanduel accepting bitcoin cash for deposits and DFS tournaments? Let us know what you think about this subject in the comments section below.
Disclaimer: Readers should do their own due diligence before taking any actions related to the mentioned companies, DFS sites, Fantasy Sports vendors, and websites associated with this article. Bitcoin.com or the author is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services, products, and vendors mentioned in this article. This editorial review is for informational purposes only.
Image credits: Shutterstock, Fanduel, and Pixabay.
submitted by GTE_IO to u/GTE_IO [link] [comments]

DABANKING.

DABANKING.

https://preview.redd.it/h3opxsev0j331.png?width=1280&format=png&auto=webp&s=313b3f7b502fe5315020ef237707b79a57b1b021
Decentralized applications (dApps) keep running on a P2P system of PCs. dApp is an open-source programming that gets its capacity from the blockchain innovation. dApps are not constrained by any single element. Since dApps are not brought together they are strong, steady, self-sufficient, and secure than customary applications.
Additionally, dApps utilize cryptographic forms of money as the implicit mode of trade. Specialists trust that dApps may acquire a huge transformation our computerized world as colossal as the one realized by PC applications.
Bitcoin is accepted to be the main decentralized application. The possibility of Bitcoin was brought into the world after issues encompassing centralization and restriction began to surface.

The advantages of structuring dApp on Ethereum Network


https://preview.redd.it/3ziadl6h1j331.png?width=640&format=png&auto=webp&s=4450c6a3bb2dd81621146dabbc21b52e4125ad75
The genuine capability of the blockchain innovation can be abused by Ethereum. Ethereum empowered engineers to run their Dapps over their stage.

Ethereum will likewise make an elective convention so as to fabricate decentralized applications with an uncommon accentuation on improvement time, security, and scaling.

For what reason is FomoJackpot based on Ethereum Network?

Ethereum Network offers different points of interest and this is the motivation behind why FomoJackpot has been based on Ethereum Network.
In the first place, Ethereum Network guarantees straightforwardness and reasonableness which is important to win the certainty of gamers. Second, Ethereum made ready for shrewd contract stages. This aided in giving adaptable stages to designers. Adaptable stages help in drawing in and holding huge number of crowds. Furthermore, shrewd contract enables clients to get validated resources/things when they are bound by the blockchain.

In addition, ETH system can deal with up to 1 million exchanges for each second, making the procedure quick and secure. In this manner, gamers can profit a great deal of advantages by playing on FomoGame. They can trade computerized resources with high liquidity and permit to incorporate blockchain into your game which builds the aggressiveness against the customary amusements.

Guide


https://preview.redd.it/xdg2cem93j331.png?width=640&format=png&auto=webp&s=64bb39eeb50ee537d6a1d10fca574656124e516c
DABANKING goes for bringing excitement administrations to the decentralized application stage. The advancement group has thought of long haul methodologies to make DABANKING an amazing environment that enables a large number of clients to encounter our administrations.

DABANKING is attempting to set up an innovation establishment and formally present game biological system on DApp and begin to create DAB Token mining network.

As the network achieves 3 million clients, DABANKING will formally report its very own Blockchain. DABANKING additionally expects to make the best network and spotlight on undertaking improvement.

With DApp from DABANKING everything is 100% straightforward and lead to a created society with supreme straightforwardness.
#Dapps #DABANKING #FomoJackpot #Blockchain #ETH

More information:

Website: https://dabanking.io/ Whitepaper: http://dabanking.io/static/whitepaper.pdf Discord: https://discordapp.com/invite/uqfMjYV Telegram: https://t.me/DABANKINGOFFICIAL Youtube: http://bit.ly/2VYtVOV Medium: https://medium.com/@dabanking.io Facebook: https://www.facebook.com/dabanking.io/ Twitter: https://twitter.com/Dabanking_io
BITCOIN PR.L : https://bitcointalk.org/index.php?action=profile;u=2290688
ETH ADDRESS : 0x5acD9843978cFA15c5753ea2bc87B1CD40F00003
submitted by cryptobass12 to icon [link] [comments]

⟡⟡⟡ Play and Win ETH coins on best Ethereum lottery dapp ETHEX.BET ⟡⟡⟡

We are now in July of year 2019. Bitcoin is making big waves in the world, Facebook is creating their own Libra coin, and US president said that he is not fan of Bitcoin and other Cryptocurrencies... That only means that big changes are ahead of us, and that we are in the brink of new era. Crypto is the new standard now, so fasten your seat belts and enjoy the ride.

People want FAIR and SIMPLE systems, and they want to have some FUN in everyday lives. It is rear for me to see some good and interesting crypto projects nowadays, but from time to time I do find some gems and nice projects worth reviewing. One of them is:
📷

ETHEX.BET

What is Ethex.Bet? Ethex.Bet is Ethereum smart contract lottery game with great prizes and big chances to win. It is provably fair and secure cryptographically. Players need to guess the Etherium block hash using their bet transaction, and that makes it impossible to cheat, and in the same time makes it very exciting game to play.

HOW TO PLAY?

Very easy. First thing you need to do is to visit official EthexBet website https://ethex.bet/ and install Metamask extension in your web browser: https://metamask.io/ Then you need to guess last hexadecimal numbers of Ethereum block hash using numbers from 1 to 6. More symbols you match, prize will be bigger. With Ethereum on your Metamask address you can bet minimum amount of 0.01 ETH for each symbol. Once everything is ready, click the "PLACE A BET" button and confirm Ethereum transaction with your bet. Wait for miners to calculate the block with your transaction and smart contract. Cross your finger :) and if you WIN then please click GRAB YOUR PRIZE! Can't be more simple than that, but please first read the rules here: https://ethex.bet/rules Good Luck!

You can play EthexBet on any computer and mobile device, smartphone or tablet. For mobile devices you will need to install Coinbase Wallet application from App Store or Google Play ( iOS, Android ) Then create a wallet, open it and go to the DApps section in the bottom bar and type https://ethex.bet/ You are now set to go! Good Luck.
You can also use mobile Firefox browser with Metamask extension, and you will have exact same result. It is always good to have more than one option for sure.
Before you start to play with real crypto, I recommend that you try and play in Demo Mode. Get to know how it works, and then use real crypto.

HOW TO WIN?

First, play smart and never invest more than you can afford to loose. Then you should know some basic rules for Ethex.Bet platform, and decide if you want to have low or high risk when playing. If you guess correct one or more symbols you win. If you choose group of symbols you will have higher chance of winning but prize will be smaller, and if you want higher risk simply choose specific symbol and your potential prize will be greater. Exact prize is proportionally divided between all winners of that block.
You can also win Jackpots, and there are Daily Jackpot, Weekly Jackpot, Monthly Jackpot and Season Jackpot. There is also a big Superprize with current potential win of 180.830531 ETH You need to guess all 6 last symbols of the hash to win this amazing prize.
Process of deciding the winner of jackpot is very simple. When the block of jackpot is mined, smart-contract uses its hash to convert it into the number and then count every bet registered for the jackpot. If there are less bets than the hash number, it starts again until hash number ends. Jackpot winner is the bet before the count ends. I think this is clear and everyone can understand how it is working.
Chances for winning are much higher than regular Lotto and Powerball, and remember that you need to guess only last 6 hash symbols for ETH block.
OK, now enough talking from me... go and try it yourself :)

ADVANTAGES

Some people would say, ok but what advantages EthexBet have when compared to other similar platforms and regular Lottery?

VERDICT

One of the real use cases for cryptocurrenices is platform like EthexBet. Idea of predicting Etherium hash block is brilliant, and I think there is a space for EthexBet platform to grow even more and offer more games with this or some similar model. Maybe including Bitcoin blockchain in the game? I contacted EthexBet team regarding their plans for the platform, and I would like to write second part of this article with new and fresh information. Play Safe. Play EthexBet


Important Note: Please do your own research and investigation. I am not your financial advisor, but rather a crypto enthusiast researcher !
For any business propositions contact me on email address: [email protected]
Please visit Ethex.Bet links below for more information, or contact Ethex team directly on [email protected] EthexBet team is very open to public and new ideas, and anyone can send them catchy ideas, suggestions and proposals. If you also something on your mind contact them and write email at [email protected]

OFFICIAL LINKS

Ethex.bet Website: https://ethex.bet/
Ethex.bet ANN: https://bitcointalk.org/index.php?topic=5120151
Ethex.bet Github: https://github.com/ethex-bet/ethex-contracts
Ethex.bet Twitter: https://twitter.com/EthexBet
Ethex.bet Facebook: https://www.facebook.com/Ethex-403768580384751/
Ethex.bet Medium: https://medium.com/ethexbet
Ethex.bet Telegram: https://t.me/EthexBet
You can track EthexBet DApp stats here: https://www.dapp.com/dapp/ethex-bet https://www.stateofthedapps.com/dapps/ethexbet
Bitcoin address: 18mmCpV93fqiYsGSYRaSiop2xmu1BLtDXq
submitted by dekidva to Crypto_Reviews [link] [comments]

DABANKING: A GAMING SYSTEM ON DAPP THAT GIVES JOY TO EVERY USER.

DABANKING: A GAMING SYSTEM ON DAPP THAT GIVES JOY TO EVERY USER.
https://preview.redd.it/39jxb3b494431.png?width=1080&format=png&auto=webp&s=d5130df88b12707053f06bfd8b3e8cfa4f946438
Hi friends, in this article, I would like to talk about an exceptional and the newest technology platform that is in town. Also, in this article, I will be discussing how this company is integrating the blockchain technology. The name of this company is DABANKING.
The DABANKING project was brought into the world with an extraordinary mission that turns into the pioneering utility blockchain. DABANKING plans to give a standout amongst the best services to the gaming community and fans by structure a game ecosystem on dApp.
A decentralized application (dApp) is an application that enables clients to control and possess their information, without oversight from any concentrated supplier. With customary applications, your security and digitals rights can be restricted. With decentralized applications, you claim your information! DABANKINGtake transparency, fairness and optimal user experience as criteria to develop.
https://preview.redd.it/smmoe7d994431.png?width=700&format=png&auto=webp&s=bf76dbc42666144ebd449ef883badbe1aba8c84e
I will enlighten us on the features, benefits and future plans of DABANKING in the realm of cryptocurrency. DABANKING is making the Cryptocurrency Market to be incredible once more!
DABANKING is a team of leading Developers who were the partners of the Ethereum Blockchain platform, with the aspiration to make an autonomous, independent and incredible utility blockchain, gaining practical experience in structure dApps for entertainment. DABANKING is wishing to make a reasonable aggressive condition with the goal that different developers can build their very own dApp in a similar field to build up this developing community.
The Team of DABANKING has made a utility token called DAA token which will fill in as the significant drive of this ecosystem. The total supply of DAA is limit and it is just 20 Million.
https://preview.redd.it/txjn7l5b94431.png?width=613&format=png&auto=webp&s=f236bcdd912cbbccd61a0336b5fc5259305df22a
The best way to procure is that clients or any crypto aficionado who needs DAA token must purchase a ticket which they will use in playing Games utilizing Eth.
DAA token can be utilized in playing Games in the spot of Eth. Clients earn Eth at regular intervals by staking or hodling DAA token. The group is likewise wanting to complete a token consume program which will in the long run lessen the measure of DAA token available for use and the greatest supply in this manner expanding the estimation of the token enabling clients to make benefits.

ABOUT THE FOMOJACKPOT OF DABANKING:

FomoJackpot lottery program is one of the DABANKING's first dApp products with extremely smart, unique and interesting rules that promise to create a very strong fomo effect in the first month of launch. This FomoJackpot program gives thousands of players a chance to earn attractive money when the cryptocurrency market is experiencing a strong recovery.
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To have the option to buy FomoJackpot's Ticket, you need a PC that introduces Metamask or Trust Wallet on your telephone. In addition, there must be ETH in your wallet to purchase a ticket.
When you purchase a ticket, you will likewise mine DAA Token. For each 0.05 ETH you use to purchase a ticket, you can mine a DAA Token. Profit Pool will contain 10% of all out ETH tickets obtained and all benefits of FomoJackpot. When at regular intervals, the profit pool will be paid out as indicated by the structure:
  • 70% of the ETH in the pool is separated similarly to all records that have solidified DAA Token.
  • 30% of profits pool will be added to the following 2-week profit pool.

REFERRAL PROGRAM OF DABANKING

https://preview.redd.it/xtjc74sh94431.png?width=700&format=png&auto=webp&s=b628cb9d8ce7fb57185ea16ee3ffb04d1fe2e5f0
Every user of DABANKING is entitled to benefit from the Referral program of the platform such that when you introduce a newcomer buying the ticket through your own referral link, you get unlimited income up to 17% for 10 levels as seen below: Level 1: 6% Level 2: 4% Level 3: 2% Level 4: 1% Level 5: 1% Level 6: 1% Level 7: 0.5% Level 8: 0.5% Level 9: 0.5% Level 10: 0.5%

ROADMAP

https://preview.redd.it/mppa6u4l94431.png?width=700&format=png&auto=webp&s=03bd3ce49abc0eb975c2a28e47864545d4d4094b

CONCLUSION

From observation, I could see in this project that it is not just a mediocre type of project for crypto and blockchain. I am seeing that the team members are serious in making the blockchain a widespread use for everyone. I do recommend the DABANKINGblockchain project when it comes to the working product and its state of the art on Gaming. Making the use of crypto be streamlined in our everyday lives especially the most popular game in the world.
Let’s experience WINNING together by joining the DABANKINGcommunity!
For more information about the DABANKING project and participation, kindly get connected with these links:
WEBSITE: https://dabanking.io/
WHITEPAPER: http://dabanking.io/static/whitepaper.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=5146671
TWITTER: https://twitter.com/Dabanking_io
FACEBOOK: https://www.facebook.com/dabanking.io/
REDDIT: https://www.reddit.com/dabanking/
MEDIUM: https://medium.com/@dabanking.io YOUTUBE: https://www.youtube.com/channel/UCQbGkMKlxM7JdBY89S9UcIA

https://preview.redd.it/ny7paiwl94431.png?width=558&format=png&auto=webp&s=2aed8355892e6300f54c339adcc618d829177458

WRITER'S DETAILS
BitcoinTalk Username: cryptoblezin
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2178561;sa=summary
ETH Address: 0xC89b8Dd7e3E137DB108575EeAe301E52b6C72d9F
submitted by blessingsdrop to ICOAnalysis [link] [comments]

The True Decentralized Application in the Game Industry

The True Decentralized Application in the Game Industry

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If there’s one thing that can take the credit of revolutionizing gaming industry then it is inarguably the decentralized application. It has taken the gaming industry by storm. In fact, decentralized applications are the reason why gaming industry is flourishing by leaps and bounds and gamers are earning income.

Understanding dApps

Decentralized applications (dApps) run on a P2P network of computers. dApp is an open-source software that derives its power from the blockchain technology. dApps are not controlled by any single entity. Since dApps are not centralized they are resilient, stable, autonomous, and secure than traditional applications.
Moreover, dApps employ cryptocurrencies as the built-in medium of exchange. Experts believe that dApps may bring a significant revolution in our digital world as huge as the one brought about by computer applications.
Bitcoin is believed to be the first decentralized application. The idea of Bitcoin was born after problems surrounding centralization and censorship started to surface.

The advantage of building dApp on Ethereum Network


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The true potential of the blockchain technology can be exploited by Ethereum. Ethereum enabled developers to run their Dapps on top of their platform.
Ethereum will also create an alternative protocol in order to build decentralized applications with a special emphasis on development time, security, and scaling.

Why is FomoJackpot built on Ethereum Network?

Ethereum Network offers multiple advantages and this is the reason why FomoJackpot has been built on Ethereum Network.
To begin with, Ethereum Network ensures transparency and fairness which is necessary to win the confidence of gamers. Second, Ethereum paved the way for smart contract platforms. This helped in providing scalable platforms to developers. Scalable platforms help in attracting and retaining large number of audiences. Additionally, smart contract allows users to receive authenticated assets/items when they are bound by the blockchain.
Moreover, ETH network can handle up to 1 million transactions per second, making the process fast and secure. Thus, gamers can avail a lot of benefits by playing on FomoGame. They can exchange digital assets with high liquidity and allow to integrate blockchain into your game which increases the competitiveness against the traditional games.

Roadmap

DABANKING aims at bringing entertainment services to the decentralized application platform. The development team has come up with long-term strategies to make DABANKING a powerful ecosystem that allows millions of customers to experience our services.
DABANKING is working to prepare a technology foundation and officially introduce game ecosystem on DApp and start to develop DAB Token mining community.
As the community reaches 3 million users, DABANKING will officially announce its own Blockchain. DABANKING also intends to create the best community and focus on project development.
With DApp from DABANKING everything is 100% transparent and lead to a developed society with absolute transparency.

Conclusion

The future of the gaming industry lies in embracing decentralized applications. We have seen how so many large firms occupied an enviable position in the blockchain movement. This only goes to show that dApp is here to stay and rule the gaming as well as entertainment industry.
submitted by dabanking_official to u/dabanking_official [link] [comments]

FomoJackpot — The First Truly Decentralized Lottery Platform

FomoJackpot — The First Truly Decentralized Lottery Platform
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FomoJackpot is the first truly decentralized lottery platform that provides fairness, automation and high-profit opportunities for people across the globe based on the Ethereum blockchain and managed by smart contracts. Today, FomoJackpot has officially launched globally after a period of time having carried out positive activities in local markets.

The development of blockchain and lottery relevance


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Blockchain has quickly become a buzzword in everyday conversation and inspires a lot of projects to change the well-established industries for a long time to see how far this technology has become since bitcoin came out about a decade ago. When businesses and developers switch to using blockchain, its potential can disrupt its brand names becoming more and more obvious. In fact, the lottery industry is one of the areas where blockchain is emerging as a technology force to change the way things work in this “territory”.
Blockchain Ethereum in particular has focused on the concept of smart contracts — the perfect match for the lottery. This is a digital agreement between the parties, there are terms that can be enforced by computer and will add transparency to any transaction. With a trustless network to ensure compliance with contracts, all potential obstacles to transparency will be eliminated with blockchain technology. This means that for any online gambling blockchain, there will be no change of rules, this is clear to all parties and allows immediate payment to be guaranteed. There is no concern of any centralized website retaining the winnings rewards, because there is no website that can manage the game itself. The funds of players will directly enter into contracts (and, if they win, return back), without intermediaries intervening.

FomoJackpot

FomoJackpot is a dApp developed in the ecosystem of DA-Banking (Learn more about DA-Banking here) built on the Blockchain network of Ethereum. FomoJackpot maximizes transparency and fairness for players, thereby helping them to have a great experience throughout the applications of DA-Banking. FomoJackpot gives participants a chance to win with only a small amount of money, 0.002 ETH for a ticket. Joining FomoJackpot means you have the opportunity to win rewards up to thousands of ETH at a cost of bread.
https://preview.redd.it/19afelkaj2231.png?width=3196&format=png&auto=webp&s=e2e2d1c55fb7b1d03f76e345c2e7ef281a513a0c
The FomoJackpot team has done a lot of research and discussion about how to make lottery play more convenient, reliable and reach more people, helping to attract more and more players. Therefore Blockchain Ethereum — the utility blockchain that is currently the most widely known and applied, has been utilized to build the first platform of FomoJackpot. It is a way for us to reach a huge number of users in the Ethereum ecosystem and introduce them to the FomoJackpot model. In the future, when our technology is ready, a new utility blockchain developed by the FomoJackpot team — people who have cooperated with the Ethereum Blockchain, will bring FomoJackpot users a blockchain network that is fast, powerful, public and stable specialized for decentralized applications for the best possible experience.
In addition to earning money from Winning Income of FomoJackpot lottery tickets, you can also obtain other types of income such as
  • Instant Income: when each round starts, the sooner you buy, the higher the probability that you will increase this income and the higher its multiplier
  • Referral Income: You can earn up to 17% for 10 referral levels if your referral buys a ticket through your referral link
  • Dividend Income: 10% of the ticket sales will be allocated into a pool and 70% of which will be distributed every 2 weeks for those who hold and lock DAA token, the remaining 30% is put into the pool for the next 2 weeks.
  • Gaming Income: DA-Banking will update new games every quarter to expand its ecosystem and increase income opportunities for the community. From playing these games you can get a new income for yourself (in addition, these games all give referral commissions to the people you introduce to play them).
It’s exciting and lots of interesting things right? For more information about FomoJackpot, please contact:
With a secure platform, playing anonymously and completely transparent, join the FomoJackpot community today. You will find the opportunity to quickly increase the value of your assets to compensate for the loss of the past year
submitted by dabanking_official to u/dabanking_official [link] [comments]

FomoJackpot And Huge Incomes It Brings To Users

FomoJackpot And Huge Incomes It Brings To Users

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1. Blockchain technology and DABANKING platform:

In recent years, technology and finance world are focusing on blockchain and blockchain technology. This is the technology behind Bitcoin and other cryptocurrency. The race to innovate technology significantly affects all areas of life such as: finance, education, health, entertainment,…
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With the centralized network, if the server is attacked, the entire system will be influenced. Blockchain does not store data on a server but in thousands and millions of different computers, the distributed management system helps to keep data stored safe, no one has the right to manage and handle them.
DABANKING is a leading entertainment platform in the application of Blockchain, aims to increase the transparency of all transactions and reduce intermediate costs to minimum. Encrypted data also helps to strengthen security, transacting and authenticating digital assets are also easier.

2. What is FomoJackpot?

FomoJackpot is a lottery program in the ecosystem chain of DABANKING. Unlike other traditional lottery programs, FomoJackpot is basically built on the Blockchain and programmed on the decentralized application platform called Dapps.
https://preview.redd.it/po8e3r2vuj131.png?width=2880&format=png&auto=webp&s=6fa25dac15bda4bac17d38d056cb9be3e4db0885
Dapps helps to overcome disadvantages of all previous lottery programs through the combination of smart contracts on the Ethereum platform. Players actually can check the transparency and the fairness and their benefits will be placed first. By this, users will be given the best experience they have never had before.
Only with 0.002 ETH for a ticket, you’ve already had the opportunity to get thousands of ETH worth up to thousands of dollars.
Playing and changing your financial position at the same time, why not?

3. Wise strategy to earn money with FomoJackpot

https://preview.redd.it/cgry263xuj131.png?width=2880&format=png&auto=webp&s=35ff03206fb3de57371a73a171961b63c23f8949

a. Instant income - maximum up to 650% at Zero round

Each round, FomoJackpot will deduct 20% of the total ticket sales to pay for all accounts having purchased tickets early and 14% paid for accounts having purchased tickets in the current round and 6% paid for tickets bought in the previous round. ( Only in Zero round, 20% will be taken to pay off )
What’s special about FomoJackpot is that the sooner you take part in, the higher your Winning Multiplier will be (Maximum x25). This coefficient has significant effect on your instant income.
Example:
If you buy 1 ETH at the Zero round as soon as possible to get the highest Winning Multiplier coefficient of x25, you will receive 2 instant incomes:
  • Instant income when ending the Zero round: 1ETH x 20% x 25% = 5 ETH
  • Instant income when ending the round 1: 1ETH x 6% x 25% = 1.5 ETH
The total ETH you receive will be 6.5 ETH ( equivalent to 650% of profit rate)
In conclusion:
With the same ETH to buy"lottery tickets", the sooner you buy at the Zero round, the higher your “Instant income” will be. Maximum up to 650%, this is really a huge profit that you should not ignore.

b. Prize for FomoJackpot winner:

With the operating mechanism on the basis of smart contracts and decentralized application Dapps, the probability of winning is the same, completely transparent, the results are not interfered by any individuals or organizations including developers.
When having a ticket buyer, 50% of ETH sales will be allocated to the prize and divided as follows:
  • Diamond Chest (50%)
  • Ruby Chest (20%)
  • Gold Chest (5%)
  • Silver Chest (4%)
  • Drawer prize(1%)
  • Next round (20%)
There will be two countdown clocks, Green Watch and Gold Watch:
  • The Green Watch will be set countdown for 48 hours. Within the last 24 hours, each new ticket will add 30 seconds but the total additional time will not exceed 24 hours.
  • The Gold Watch will be set countdown for 48 hours. The Gold Watch only starts to countdown when the current ETH prize is higher than the previous round. At the Zero round, when the prize has at least 300 ETH, the Gold Watch starts running.
Diamond Chest
When one of the two clocks returns to 0, it will activate random dialing and Difficulty number in the current Block will be taken and transparently encrypted according to SHA256. All results are runned on this Dapps, thereby no one has ability to interfere or fake them
There are 6 prizes including:
  • 50% for 1 lucky winner with Jackpot Prize
  • 10% for each of the other 5 winners
Ruby Chest
Before one of the watches returns to 0, the last ticket buyer will be the lucky one to get 20% of total ETH in the prize pool.
Gold Chest
This prize is awarded to the person who has bought tickets with the largest amount of ETH, worth up to 5% of the prize pool
Silver chest
This prize comes from your community development, calculated according to the amount of ETH from your F1 (Maximum 1ETH for one F1)
For example:
If you have 3 F1s who buy lottery with respectively 1 ETH, 0.5 ETH, 3 ETH, the sale used to consider your prize is: 1 ETH + 0.5 ETH + 1 ETH = 2.5 ETH
Drawer prize
We have total 5 Drawer Winners
When one of the watches returns to 0, the “Draw Now” button will appear 5 times, in every 5 minutes from when the previous “Draw now” confirm success. The person who quickly confirms the first “Draw Now” will be rewarded with 60% of the Drawer Prize and 10% for each of 4 winners remaining.
It is completely possible for a lucky person to get all of the prizes mentioned above.

c. Incomes from community development:

Like other Crypto projects, community is one of the key factors determining the success or the failure of the project. The bigger community is, the more chance the project will have. Understanding that, FomoJackpot spends 17% of total ETH for referrals.
Paying for community developers is quite popular today and completely reasonable. This is a cost-effective Marketing strategy which spreads very quickly and largely in society.
Very simple, just send your referral link to other new players to join. This is a very attractive passive income when you have community or community development capability.

d.Income from DAA Token

Each time you buy a ticket, whether you win or not, you still get a chance to receive DAA Token (0.05 ETH for 1 DAA at the first mining stage. If you win the game, you need 0.055ETH to receive a DAA. With this ratio, the DAA number will depend on the amount of ETH you buy and play the game
DAA Token will be listed on free exchange as soon as possible to increase value of community.

4. In conclusion:

Not only entertainment, but also opportunities to get attractive income up to 650% instantly, not to mention transparent Dapps mechanism with high reliability, the probability to be the winner is absolutely possible. In addition, if there is a community or community development capability available, you can earn a large amount of long-term passive income.
With smart and creative rules, FomoJackpot is promising to generate the strongest effect in 2019.
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submitted by dabanking_official to u/dabanking_official [link] [comments]

BETBOX

BETBOX
https://preview.redd.it/7hqlgsbfrws21.jpg?width=715&format=pjpg&auto=webp&s=fbff59efeee54af76ab26ee6c805dd619010e1f6
Today you won't shock anybody with a site where you can play free betting. These days, diversion on the Internet is very normal, there are numerous pertinent destinations that are as of now known as solid play areas. Presently the system has in excess of 15,000 online assets that have had practical experience in betting. There are both world popular organizations and youthful administrations. One thing is known without a doubt, the enthusiasm for this sort of amusement.stays exceptionally prevalent, which implies that this zone later on will create. With the approach of blockchain innovation, numerous organizations are endeavoring to pass on this sort of amusement to this innovation, since it is exceptionally advantageous, and on account of the blockchain innovation, everything ends up straightforward. What's more, this is essential in the territory of betting excitement. I will be introducing you to a revolutionary platform BETBOX and they have developed a revolutionary fully decentralized ecosystem acting in various DApps with the assignment to provide a fully transparent, fair yet challenging environment for people with a passion for gambling and a sense for competition.
ABOUT BETBOX
BETBOX network is a decentralized, transparent, and P2P (peer-to-peer) betting platform with the core mission of exterminating present challenges faced by bet lovers while providing a safe, seamless and comfortable platform to bet. There are numerous advantages of choosing BETBOX over traditional betting arsenals, BETBOX offers a simple and fair betting platform, giving incentives to users, blockchain technology decentralized betting, security of funds of users, trust and transparency. The BETBOX mobile application will be available for download and installation for Android (google play), iOS (apple) users, and web (desktop) users which are all in English language but more languages will be introduced in the nearest future. On BETBOX ecosystem winners of a particular bet do not only get rewarded, losers who concede to defeat will be incentivized, they are not abandoned like traditional betting providers. OX tokens holders will be rewarded for participating in specific tasks which includes voting, fairness, contributing to the network, and performing actions for their loyalty and adding value to BETBOX.

https://preview.redd.it/l2w8t0tgrws21.png?width=640&format=png&auto=webp&s=4f07053e54b26fc81b40f4f5a0001ec2691ab70c
The Betbox ecosystem is very different from our other betting platforms elsewhere and nearby. This is reflected in the many benefits that platform users can achieve. For example, users can gain advantage in the platform by their active participation, such as public voting, sports (and accusations), and other actions that have a positive impact on the platform.
https://preview.redd.it/szwwky2irws21.jpg?width=800&format=pjpg&auto=webp&s=526cd33e97c7a61a644c49e35edf5e924f822ea0
ECOSYSTEM
  • Native Currency OX OX will be used as means of payment and will be utilized to participate in certain features and bets and act as staking currency to obtain a distributed proof of authority network.
  • Smart Contracts We developed a smart-contract bundle based on Solidity performing all actions within betbox in an immutable and transparent way without risking any attacks
  • RNG We utilize pseudo-random information from the future (block hash) to execute a random number generation on the blockchain. The RNG is used for lucky games and gambling.
  • Oracle Our oracle is used to solve disputes and to find a consensus on public matters. For this matter we integrate Verity into our ecosystem in order to create a global betting infrastructure for people powered by people.
  • OX-Sidechain The deployment of a secondary blockchain responsible for processing small transactions is a necessary step to enlarge the applications in the betbox ecosystem.
  • OX-Relay will provide a reliable relay between the Ethereum public mainnet and the OX-sidechain. To guarantee a seamless integration betbox works together with a partner company specializing on this subject.
THE UNIQUENESS OF BETBOX
  • Transparency and Trust Betbox is boosting trust between web based speculators by permitting a decentralized betting background that is prepared through keen gets that can't be controlled, with the utilization of savvy contracts instances of traps and tricks will be stayed away from through the disposal of manual handling, this will ingrain trust in the betting business that will draw in more clients to the market.
  • Reduce Fraud Using brilliant contracts, exchanges will be handled and recorded on conveyed records that will make clients progressively secure and limit the instances of misrepresentation by programmers. clients rewards are forms through brilliant contracts and this makes it conceivable to forms exchanges in a decentralized situation.
  • Paying with Cryptocurrency Betbox clients will have the capacity to execute through digital forms of money, this will lessen installment preparing costs and empower a quick handling rate not at all like exchanges forms through fiat, the capacity to execute through cryptographic forms of money will likewise enable the market to tap on a worldwide market that was limited by administrative locales.
The utilization of digital currencies on the Betbox stage will make stores and withdrawal quick and in the meantime lessen the expenses related with them be wiping out middle people, for example, banks frame the framework.
  • Reduce House Edge Costs Through a tokenized economy, the normal level offer of Betbox deducted from exchanges is diminished since the application is decentralized and mechanized, the house edge is an exorbitant issue to card sharks and Betbox will cut expenses related with exchanges preparing enabling its clients to expand on their benefits. Betbox will have the capacity to bring down this expenses since its overhead expenses are bring down contrasted with conventional betting administrations suppliers.
Betbox Token
betbox will issue its own platform token known as OX. OX will thus be the native currency of the betbox ecosystem, the lifeline of the platform itself and that which gives it its core value. OX would be a mineable token. Users on the platform would be able to mine OX through their activities on the platform. In other words, the token would have a proof of activity mining mechanism which any user can tap from. OX would be ERC-20 compatible token since the betbox platform itself would run on the ethereum blockchain.
Betbox platform would organize a token generating event/ICO to raise funds to build the ecosystem. A total of 100,000000 OX would be issued during the events. Of the total volume above, 80,000000 OX would be sold during the pre ico and ico to the respective participants. 8,000000 OX are budgeted for bounty, while 12,000000OX would be locked up in reserve for future development of the platform. The targeted hard cap during the event is 32,000 ETH.
Betbox platform would also organize a quarterly token burn of OX. The burnt tokens would be bought back from volunteering users with about 20% of the profits accruing to the platform. As expected, this event is sure to have a positive impact of strengthening the value of the OX token.
Token and ICO Details Token name: OX Token type: ERC20 Ethereum Token Token issue: volume 100’000’000 OX Token max supply: none Token for sale: 80’000’000 OX Tokens for Bounty: 8'000'000 OX Betbox reserve: 12’000’000 OX Price for sale: 0.0004 ETH/OX MarketCap after TGE: 40’000 ETH Hardcap ICO: 32’000 ETH
Funds Usage
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Advantages of Betbox
Bets can be placed by the public or by friends Users can set up crazy challenges and get rewarded with 10% of the jackpot as a reward Everyone can predict if you can hold your word with a bet on you or against you Live feed functionality make you see what is happening at any point in time Security of user’s wallet with the latest security functionality
For more information, please visit the links i have provided below;
Website: https://betbox.app/ Whitepaper: https://betbox.app/required/whitepaper_betbox_v1.pdf Facebook: https://www.facebook.com/betbox2018/ Twitter: https://twitter.com/@betbox_OX Telegram: https://t.me/betboxGlobal Medium: https://medium.com/betbox-ox Instagram: https://www.instagram.com/betbox_ox/ Github: https://github.com/betbox Bitcointalk: https://bitcointalk.org/index.php?topic=5026661.0
BountyOx Username : BrainerdPaul BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409
submitted by Brainerdpaul to u/Brainerdpaul [link] [comments]

BlockStamp Bounty Vloggers and Bloggers Wanted! Here are Some Ideas that Might Win You Up to 1,000 BST

BlockStamp Bounty Vloggers and Bloggers Wanted! Here are Some Ideas that Might Win You Up to 1,000 BST
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Round II of the BlockStamp Bounty Campaign is already underway!
It is a great follow-up to Round I, which was a big success at the beginning of March. BlockStampers were so quick to participate that the BST (the BlockStamp crypto coin) available for the round was allocated in only 9 days — 5 days faster than we expected!
Thank you, BlockStamp Nation! You all are great!

In Round II, we want to encourage bounty hunters to put out some original blog articles and videos about the project.

Everyone involved in the BlockStamp project stands to benefit when you share your thoughts about it. We all want to make this project a success and the only way we’re going to get there is to work together!
So get in there, see what is going on with BlockStamp, play around with the live applications, and tell us all about it!
Here’s where to sign up.
There you can see some basic guidelines about how much you can earn more than 500 BST for bounty tasks.
Specifically, we want to give you up to 1,000 BST for great blog articles and video reports.
Remember that this is “real” money — that you exchange for fiat on an exchange. We don’t recommend it (treat it as investment!) but the choice is yours.
Wondering where to start? Here are a few ideas to point you in the right direction and jumpstart your creativity.

You can produce some great content about BlockStamp without spending any BST!

BlockStamp is a relatively new project so you might want to get your first BST by participating in this Bounty Campaign.
So here are some ideas you can do right away. Just sign up and start blogging or vlogging.
  • Give us your first impressions of the project. First impressions from newbies are often just as valuable as detailed feedback from experienced community members. Remember that adoption is a HUGE crypto success factor! And we need to people who are starting from zero to understand the project and get involved. So start from zero and help other people do the same thing. For example, you can simply check out our webpage and blog or vlog about how you understand the project, how we compare to other crypto projects you know about, etc.
  • While you are on our webpage, you can see our project timeline. Pick a specific point on it — past, present, or future — to comment about. Have you seen technology like this anywhere else? Are our plans realistic? Do you want to see us develop something different?
  • Blog or vlog about signing up for the BlockStamp online wallet. Live record your screen or take screenshots for a blog article. TIP: make sure to highlight the difference between wallet ID and wallet address. That has tripped up a few new BlockStampers before…. and that’s OK. We want to include everyone — yes, that means crypto newbies too — in this project and you can help us do it!
  • Install hprox, share your IP address with the network, and show everyone how much BST you earned yesterday!
  • Pick one of our blog articles and respond to it with your own blog article. For example, maybe you’ve seen an online casino that is more transparent or has less fees than BlockStamp Games? Tell us about it! (Hint: we don’t think you have ;))
  • Screen record a walkthrough of yourself verifying a bet on BlockStamp Games. Here’s an article with all the key details — but we want to see some good video versions! You can also feel free to blog about it in your own words.

You can boost your chances of a big bounty payday by getting some BST and using it for your story!

There’s an old saying that you’ve got to spend money to make money. Not entirely true in this campaign — see above!
But you probably can raise your chances of creating killer content worth more than 500 BST (that’s over ~$150 at today’s rates) by getting just a little BST to play around in support of your content.
Imagine, for example, that you buy $10 worth of BST (at picostocks.com, for example), gamble with it on BlockStamp Games, and prepare some excellent content about your experience…. that gives you $100 in bounty rewards.
That’s 10X returns! Not to mention that you can win more with your bets on BlockStamp Games and can statistically break even, at least, if you know how (see below).
So here are a few ideas to get you thinking.
  • Use hprox to access content that might be blocked by your corporate firewall or ISP. Record yourself trying to open a page without using hprox and then actually opening it with hprox. You need only a few BST to do so — just a few cents to give an example like this.

Vlog or write about your use of BlockStamp Games! Lots of directions you could go here.

  • We’d love to see some selfie videos of you winning a huge jackpot! Just record your screen and your expressions with your cam. You’re already a winner and then we’ll pay you more when we use your video! A true win-win.
  • Verify your own bet on BlockStamp Games. Same as someone else’s as above — only this one is yours.
  • Feeling more conservative? Gamble the same amount with the same bet every time. Becuse the platform is so fair, you are statistically likely to break even within the chosen parameters. For example, in roulette you have 1/36 odds. So if you make the same bet 36 times, statistically you will at least make your money back.
  • Do a “Pepsi challenge” between BlockStamp Games and any other online casino. Make the same bets in the same games (currenly, you can play roulette or lottery games at BlockStamp Games) with $10 worth of BST at BlockStamp Games and $10 worth of fiat or crypto at another online casino. Report on your results in a blog article (screenshots, please!) or screencast the entire thing. Let’s see how much you end up winning or losing at the end of it all! Hint: we’re practically certain you’ll be luckier at BlockStamp Games :)
Remember that these are just a few ideas to get you started. Your own creativity is welcome, and we love fresh perspectives. Happy content creation, BlockStamp Bounty Hunters!
About BlockStamp:
BlockStamp is a multipurpose Bitcoin blockchain fork developed to promote liberty, transparency, and sovereignty in areas of the digital economy where these fundamental values are most at risk. BlockStamp hosts a radically fair gambling platform, a digital tool for transparently sealing data, a censorship-proof internet Domain Naming System, and the BST crypto coin.
submitted by nguyenminhkhiem3632 to u/nguyenminhkhiem3632 [link] [comments]

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