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Author Topic: Are blockchain & 5G offering new opportunities for online bitcoin casinos?  (Read 250 times)
BestBitcoinCasino (OP)
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April 22, 2020, 08:25:40 AM
 #1

Blockchain technology has impressed global companies with its solutions that enable various industries to improve and evolve. From banking to healthcare, blockchain reshapes the landscape of almost all sectors. Not to mantion its big impact for the online gaming and iGaming.

Blockchain also made waves in the years. This year, it is considered to be the 5G technology’s turn. And when these two technologies combine, which will happen anytime soon, the Bitcoin casino market will be in for a surprise: faster crypto payments, more effective use of smart contracts - meaning casino games will load much much faster.

What do you think? Any other benefits/ worries/ challenges you could think of?

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April 22, 2020, 09:19:49 AM
 #2

It's getting a trendy thing this 5G. I have seen people and articles posting this but those articles were not from reliable sources. Can you educate me first about this 5G technology?
There's one thing that I know and that the blockchain technology will thrive and bitcoin will be adopted and the casinos will emerge too. They are one of the biggest industry that the bitcoin community has.

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April 22, 2020, 09:47:29 AM
 #3

I guess some of the things you listed that will happen when 5G and Blockchain combines can also  be achieved with the current internet speed.
Guess  AI, autonomous/self-driving stuff, fast interconnectivity between online devices, are some of the main reasons they want the faster one... Maybe it will make Bitcoin Casinos function quickly in a more complex way.
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April 22, 2020, 10:12:27 AM
 #4

I think this will going to happen when 5G is going to be implemented massively in the world and right now only few developed countries have embraced this as a technology.I think that when this happens AI will be and already is the main focus of these new trending technologies.I don’t think it will improve casinos that much.

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April 22, 2020, 10:37:17 AM
 #5

What could 5G as a technology bring to online casinos? 5G is only a more advanced technology that will enable bigger Internet speed on mobile networks. I don't see how could that benefit online crypto casinos except that their web sites will load faster than they do now.

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April 22, 2020, 10:55:44 AM
 #6

Probably connections to the casinos only. It's not that new though, it has been existing for quite some time now. IT's just that 5G is just coming into fruition but itself has been existing like in routers, etc. The direct benefit towards the casino, maybe zero delays on dice rolls? Making it faster when using WebSockets. Maybe to that extent.

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April 22, 2020, 11:17:04 AM
 #7

Might work and could really benefit casinos if 5G is already secured as a technology but we still have reported that 5G could be dangerous to everyone.

Some articles might be fake but this might be theories from different people, I won't complain about 5G if the study of 5G is completed that it is not affecting humans on the other hand we are all going to benefit in 5G technology.

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April 22, 2020, 12:03:14 PM
 #8

Might work and could really benefit casinos if 5G is already secured as a technology but we still have reported that 5G could be dangerous to everyone.

Some articles might be fake but this might be theories from different people, I won't complain about 5G if the study of 5G is completed that it is not affecting humans on the other hand we are all going to benefit in 5G technology.

Yes, we can always identify the pros and cons, if the use of technology 5G has positive effects in our daily life,This will make us support the technology with pleasure!!.But some claim that the technology has side effects on human health safety, and I don’t know if it’s just rumors.
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April 22, 2020, 12:28:27 PM
 #9

Faster and affordable internet connection is one of the key to help increase the adoption, and with that, they can easily access casinos online and the fact that crypto gambling does not really require gamblers to put big bets, so this means that even a regular gambler can gamble.

Also, with 5g that means faster internet and its where people will experience a reliable internet connection which is good for online business such as casino of course.

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April 22, 2020, 01:03:27 PM
 #10

Blockchain also made waves in the years. This year, it is considered to be the 5G technology’s turn. And when these two technologies combine, which will happen anytime soon, the Bitcoin casino market will be in for a surprise: faster crypto payments, more effective use of smart contracts - meaning casino games will load much much faster.
I don't think it much applies that much on crypto payments that depends on how much fee you put on the transaction not the help of 5G even 3G could make it faster if there's a higher fee to pay for miners. Yeah, it could be but as I said it isn't applied that much as well as to the effective use of smart contracts. Isn't just 5G still on testing that's why not that much country adopt it and with all those conspiracies as well. So the whole point of the topic was Blockchain + 5G = faster loading of casino games?

I guess there will still be challenges, of course, that is for sure but solution exists too. In terms of benefits of 5G I think I may not consider that one yet until I partially or fully experience the technology.
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April 22, 2020, 01:43:53 PM
 #11

I see some adds regarding this 5G but I don't have enough understanding of how would they help the crypto industries. besides, there are only a few pieces of information you can gather on the internet unless when they fully launched it this year or the next. Then we can have our own opinion regarding it. right now all we can do is wait until they enlighten us some of the important aspects of how 5G can change our current internet system.

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April 22, 2020, 01:51:46 PM
 #12

What could 5G as a technology bring to online casinos? 5G is only a more advanced technology that will enable bigger Internet speed on mobile networks. I don't see how could that benefit online crypto casinos except that their web sites will load faster than they do now.

Exactly. Lets put up some definition on whats 5g - "5G is the fifth generation of wireless communications technologies supporting cellular data networks. 5G communication requires the use of communications devices (mostly mobile phones) designed to support the technology." Source: https://en.wikipedia.org/wiki/5G
Collaborating of blockchain and 5g would have that significant change? As you said it doesnt really correlate yet we know on how website works flawlessly on the current
wireless technology we've been using.

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April 22, 2020, 02:20:42 PM
 #13

Everyone talking about 5G.

Me and other boys on my third country went the 4G connection still like a shitty technology went the connection just still same like 2G/3G. Using 4G/5G as long you comfortable with the connection there is not really a problem as long went playing the game the connection is stable not distrub you at all. Also there is no relationship 5G with the payment process from the casino, all depend on the casino went they gonna process the payment and how much fee is gonna use for the transaction and also the T&C for withdrawal process manual or auto.

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April 22, 2020, 02:43:42 PM
 #14

I think 5G will be a trendy matter for this year and coming years. But the advantage Im seeing here benefits the gamers. Of course this group is highly doable for 5G adoption. But for online casinos, even with 4G you can still use some site smoothly even they are using a lot of virtual transmissions or hard graphic UI.

But surely everyone will loves the 5G as increase of speed in every internet people is so important. Im guessing China will be the first that will roll out lots of 5G services.

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April 22, 2020, 03:10:33 PM
 #15

Blockchain, yes. 5G? Not so much. Not every country would be in for the developments and improvements brought about by 5G connectivity. As of now, there is very little coverage of 5G any where in the world--and there are still some areas wherein 4G isn't even fully implemented yet. I'm also pretty sure that 5G expansion in some established areas are also halted as of this moment considering that the dangers of the virus still lingers around every corner of the world.

As for blockchain, I'm pretty sure it already changed a thing or two in ways how gambling sites handle their withdrawal and deposit systems. With it, one can easily sort which is which all the while having a robust and secure system on the side.

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bittraffic
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April 22, 2020, 08:48:12 PM
 #16

I think 5G will be a trendy matter for this year and coming years. But the advantage Im seeing here benefits the gamers. Of course this group is highly doable for 5G adoption. But for online casinos, even with 4G you can still use some site smoothly even they are using a lot of virtual transmissions or hard graphic UI.

But surely everyone will loves the 5G as increase of speed in every internet people is so important. Im guessing China will be the first that will roll out lots of 5G services.

There are lots of 5G cities right now but I think it started with China.  It's revolutionary just what anyone can think of but sooner there will be another developed maybe like 6G. Of course the faster the internet, the better.

Trading needs a precise time, I wanted to have a faster connection especially in binary trading where time matters the most. 5G will help the blockchain gaming for games with graphics needs a lot of bandwidth to work.


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April 22, 2020, 09:07:59 PM
 #17

5G technology will open many doors to innovation and blockchain will have the privilege to demonstrate its great potential. I hope that the banking sector is one of the most requested because it is a sector that is already obsolete for crypto users.

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April 22, 2020, 10:14:38 PM
 #18

Blockchain also made waves in the years. This year, it is considered to be the 5G technology’s turn. And when these two technologies combine, which will happen anytime soon, the Bitcoin casino market will be in for a surprise: faster crypto payments, more effective use of smart contracts - meaning casino games will load much much faster.

5G is no doubt a good innovation and actually some countries are enjoying the network for years.

But in terms of the whole casino games experience, I see no special changes. I mean, even before the 5g network, casino games should always be load faster by our internet service providers nowadays on a wireless network, at least in the majority of the areas. We are now in the generation where the internet speed is not as slow as hell.  And besides, the device used also plays a big role in terms of loading pages as even the internet does have a smooth connection and fast, if the device can't comply with the hardware requirements, then no changes at all.

5g will not boost up the online casino game activity literally but an upgraded internet speed boost is really a big help at loading any sites and useful services.

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April 22, 2020, 11:56:26 PM
 #19

i think blockchain is already been used up a long time ago on crypto gambling  but 5G is the one that is new   . 5G is still rare this year because the device that supports it are still pretty expensive  however this network is verry fast and more better than what we have now which is 4g although i think the only downside is that it can sap more battery juice than usual so our devices can go lowbat fast enough which is a hassel if your enjoying playing gambling but still this can load sites more faster especially if the gambling game is heavy 
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April 23, 2020, 04:36:31 AM
 #20

i think blockchain is already been used up a long time ago on crypto gambling  but 5G is the one that is new   . 5G is still rare this year because the device that supports it are still pretty expensive  however this network is verry fast and more better than what we have now which is 4g although i think the only downside is that it can sap more battery juice than usual so our devices can go lowbat fast enough which is a hassel if your enjoying playing gambling but still this can load sites more faster especially if the gambling game is heavy 

That is also the drawback with 5G, not all devices can be used for the 5G. The Internet providers have to also put up series of nodes within areas to cover all which can be costly for them. As for gambling I think thee speed will also be a good plus for blockchain, we all need faster connection to load the pages of games. Esports are full of graphics that can take time before the browser can load them up if you just don't have the 5g.


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