As CreditGAME time approaches I want to make some suggestions on how to attract real players and this Cointelegraph's post has made things much easier for me:
https://cointelegraph.com/news/the-gamblers-guide-to-bitcoin-casinosLet's see:
"Bitcoin gambling is just the tip of an enormous cryptographic iceberg and is currently distracting players and operators from something far more interesting happening deep within the belly of cryptocurrency betting."
Ok so where are we heading?
“If you want to look at the bleeding edge of online gambling then it’s Ethereum and not Bitcoin that you should be watching,” Fuller told Cointelegraph.
"Ethereum’s smart contract technology is on the cusp of rewriting the industry as a whole.”
SMART CONTRACTS may be the new way of gambling:
"Trustless online gambling has only recently been made possible through Ethereum’s enablement of smart contracts. Smart contracts, the code of which is publicly available for audit, ensure that a bet is paid out to the correct party based on agreed conditions between those involved. These contracts require no middlemen and a collection of contracts can replace entire gambling operators without any need for oversight – the code is guaranteed to run thanks to the Ethereum virtual machine. These smart contracts result in drastically reduced operational costs for the businesses that deploy them."
Permissions? What permissions?
"And yet, with the advent of Bitcoin and latterly, Ethereum’s smart contracts, trustless and permissionless betting could become a huge market in the not too distant future, says Fuller."
If we're looking into the future and want to make CreditBit strong and sustainable in the long run this may be one of the ways to do it...to develop gambling and betting smart contracts that would run on the Ethereum platform but use CreditBit for payments...
CreditCASINO?
CreditBET?
What do you think guys?
