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Online gambling's last year revenue reached 4.7 billion pound in UK alone.
Worldwide, the gambling market crossed $291 billion and the growth rate remained 2.2 % annually.
My concerned with online casinos had always been that ethereum blockchain network does not has sufficient speed for slot machines. But I read the whitepaper of this project and found something interest which I would want to share it with you. Infact all of you must know atleast this before you decide to invest or not invest in this project... The project will be using intermediate data storage for results of all games and save them by packages in blockchain with the smart contract running periodically or on user's demand..
Now, my only question on this (if anyone of you can help answer from a technical perspective) - The slot machine data will not be immediately stored in the blockchain, does that mean there is a possibility of a fraud ? since the data is on an intermediate data storage and not on the blockchain... Let me know your thoughts !?
Worldwide, the gambling market crossed $291 billion and the growth rate remained 2.2 % annually.
My concerned with online casinos had always been that ethereum blockchain network does not has sufficient speed for slot machines. But I read the whitepaper of this project and found something interest which I would want to share it with you. Infact all of you must know atleast this before you decide to invest or not invest in this project... The project will be using intermediate data storage for results of all games and save them by packages in blockchain with the smart contract running periodically or on user's demand..
Now, my only question on this (if anyone of you can help answer from a technical perspective) - The slot machine data will not be immediately stored in the blockchain, does that mean there is a possibility of a fraud ? since the data is on an intermediate data storage and not on the blockchain... Let me know your thoughts !?
