A New Era In Online Gambling Is Coming

Introduction

Blockchain is known as the technology behind the most famous cryptocurrency system in the world — Bitcoin. It can be said that when Bitcoin is getting more popular in the financial market, Blockchain also caused a fever in the technology world. The number of companies intending to research and apply Blockchain is increasing, the salary paid to Blockchain engineers is increasing as well. Every company wants to stay ahead of their competitors, adopting technology that is considered as the future of the world.

However, is blockchain application effective in these areas when blockchain exists disadvantages such as unable to apply intensive computations due to limitations of current unscalable blockchain environment? That is because all the computations in current blockchain is repeating across all nodes and it does not have an external realistic platform that can support intensive computations. Another factor need to be considered is the interoperability of the blockchain out there.

In particular, some blockchain projects also think about using external platform for computation purposes, nevertheless, they cannot provide flexible solution that can help their off-chain computations compatible with other blockchain platforms, leading developers are only able to create their dApps on a specific blockchain. Therefore, this makes the adoption target of blockchain even more difficult to achieve.

About

Crypto Stake- a unique global betting platform built using multiple intelligent contracting systems, bringing together all sections of an industry ecosystem game where everybody’s players, developers, merchants and community betting can get the fair, transparent, fair reward they get in a CS Token that can easily exchanged in open markets. Ecosystems built around the gamble process can be broadcasted using the Crypto Stake Streaming platform, Crypto_Stake.org as well as being a market for betting and jeuga platforms as a platform for trading in-bet items. Game Developer Market gets a share of transaction costs and bets.

Advantages for Crypto Betting

Transparency — When playing online games, players have no way of verifying the randomness of the methods used to determine winners. Crypto stocks address this problem through the use of blockchain and smart contract technology. Algorithms for generating random numbers are publicly available and auditable. Random number generation and distribution of winnings do not happen in Crypto stake servers but in decentralized blockchain environment. As a result, neither party is allowed to intervene in this process.

Trust — Most online gaming industry websites are unable to provide users with sufficient transparency to ensure players’ complete trust in the integrity of the site administrator. Players have no way of knowing how many people who played won, or how much money was won. Our platform operates in a completely transparent manner, as all transactions are recorded on the blockchain. Anyone can monitor and track the progress of all our images on an independent platform.

Resilience — No matter what security measures a site owner takes, the risk of hacking is always there. Crypto betting is a program that operates in a decentralized manner. If the website is compromised, the attacker will not be able to interrupt the drawing process or gain access to the Jackpot. Websites are just interfaces to the infrastructure that Crypto builds.

Crypto Stake Token

There has been a recent rise in crypto currency-based betting services to meet the demand of a market that prefers its use over fiat currency. While popular, these escrow services follow an unfavourable trend of utilizing cryptocurrency in a centralized manner, creating counter party risk that did not previously exist. This occurs as users entrust the ownership of their cryptocurrency to services which are susceptible to hacks and leave little recourse to victims of theft. We propose a sports betting exchange which solves this issue by means of decentralization, removing central points of failure to allow the use of cryptocurrency without counter party risk. |
A sports betting exchange is a marketplace for the trade of sporting outcomes. Unlike a traditional sports betting platform, a sports betting exchange eliminates the need for a central bookkeeper and instead enables users to place bets against one another. This paper details Block Sports, a decentralized sports betting exchange that approaches the concept of a Block chain-native sports betting platform with two key objectives Crypto Stake is creating a decentralized and trusted framework for sports betting and providing a rich user experience through an off-chain service layer.
Utilizing the waves Block chain, a solution is proposed which integrates a decentralized oracle consensus network with a series of smart contracts, allowing users to place bets on sporting outcomes with waves. The result is a platform that solves the issue of counter party risk while still remaining competitive with traditional sports betting exchanges and giving full transparency in casino gaming through Block chain technology.

  • Blockchain Platform: BSC
  • Total Supply 200,000,000
  • Token Standard: Bep-20
  • Type : Cryptocurrency
  • Ticker: CST

Conclusion

I would like to provide important information about a gambling project called Crypto Stake and it will be of great interest to large market investors. A decentralized sports betting exchange that approaches the concept of the original Block chain sports betting platform with the two main goals of Crypto Stake creating a decentralized and trusted framework for sports betting and providing a rich user experience through off-the-chain service layers.

You can ask questions to the development team in the official chanel:

Website: https://crypto-stake.org/
Twitter: https://twitter.com/cryptostake1
Telegram: https://t.me/cryptostakechat
Facebook: https://www.facebook.com/cryptoStake1/
Telegram bounty: https://t.me/cryptostakebountychat
Reddit: https://www.reddit.com/r/crypto_Stake/

Author

username: ouisadayvin
bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2769258
wallet: 0x50cfe62c66ad07c8a422d44a2f744abc761547b5

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Louisa Dayvin

Louisa Dayvin

Wantiing your love to come into me !!!