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Author Topic: Need opinion about Decentralized Gambling and Profit Sharing  (Read 393 times)
posi
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March 16, 2019, 07:24:00 PM
 #41

Hi, guys.
I notice that many gambling dApps were popping up in EOS and TRON. https://dappradar.com/rankings
And some of them offer house profit sharing.

Since I'm new in this gambling section, what do you think about it? Is it going to be "the next big thing?" or just temporary hype?
I do not think any project making use of EOS block chain should be termed as decentralized project.
Profit sharing is what most of this new projects will begin with but it might not continue for a longtime.

Just be careful as I see that this is a new project, it can fail if they do start experiencing financial challenges or maybe they don’t get  enough people who pick interest in the project but from the followers they have i would say they have a good prospect and its likely to be successful.

Why do you think project on EOS shouldn't be termed as decentralized projects? Is it because of the alleged centralized nature of the blockchain?

Depends on why you think the profit sharing model won't continue for a long time. I have seen the main developer of EOS blockchain promote the model.
I doubt he will do so if he doesn't think the model is sustainable.
I won't say EOS blockchain was alleged centralized in nature because we both know that it node was controlled by some group and the last time I checked EOS bet was hacked 2 time last year which has proof that EOS gambling daPP will vaporize anytime from now. However, I never watch the promote model you mentioned because I just don't like the EOS project due to the flaws involve in it but any promise made by a project which have the Chinese government as back bone shouldn't be trust.

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March 17, 2019, 12:30:45 AM
 #42

I won't say EOS blockchain was alleged centralized in nature because we both know that it node was controlled by some group and the last time I checked EOS bet was hacked 2 time last year which has proof that EOS gambling daPP will vaporize anytime from now. However, I never watch the promote model you mentioned because I just don't like the EOS project due to the flaws involve in it but any promise made by a project which have the Chinese government as back bone shouldn't be trust.

It is probably truth, now the thing is what do you define as trust in this case?. Because it's obvious that they will use the information to keep track of you but that is something common in internet though.

They do like to play unfairly when they can, those Chinese are pretty smart doing the things they do. A lot of people don't really notice, it's pretty interesting that you do. I do agree with you in this case.

But i think that is truth for practically any authoritarian regime.
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