How can Ethereum casino improve the online gambling industry?

Ethereum CasinoThe undisputed king of the cryptocurrency industry is Bitcoin for the moment. This is an undeniable fact, maybe because it was the first and has been around for more than 10 years. But coming in a close second place is the Ethereum that has also been around for quite some time now. When it first emerged, ETH brought some major improvements to the table, most notably even faster speeds of transactions and the smart contract technology. From the get go, crypto casinos noticed the potential of Ethereum and that’s how the first ETH Casinos started to emerge. Since then Ethereum Casinos started going full throttle towards the progress of the gambling industry, bringing with themselves a ton of massive improvements that are truly revolutionizing the casino world.

The speed of Ethereum Casino

The first thing that everyone in the casino world notices is the incredible speed of the ETH Casinos. This is due to the fact that Ethereum uses smart contact technology that allows players to deal directly with the casino. This cuts down the time significantly and all processes are completed within a matter of minutes. For example, the classic online casinos take days to finalize the transactions, because they wait for 3-rd party organizations like banks. In case of Ethereum Casino, the deal happens directly, which translates into transfers that are made almost momentarily.

Security and Anonymity of Ethereum Casino 

Another thing in which Ethereum Casino improves upon the predecessors is the security levels for the players. Due to the design of Blockchain Technology, which is decentralized and almost impossible to breach, ETH Casinos offer players an unbreakable layer of security. There is virtually no way to commit any fraud against a player that uses Ethereum as the payment option for both withdrawals and deposits. Additionally, there is a factor of total anonymity that comes with playing on Ethereum Casino. Both during financial transactions and gameplay, you will stay totally anonymous, which will eliminate any attention from an unwanted, third-party representative, whether it’s governmental or financial organizations, or even criminals of any sort.

Ethereum Casinos cut down the house edge

Another thing that Ethereum Casinos are famous for is the low to non-existent house edge that they offer in their games. ETH Casinos provide percentages of 1% or even lower, down to 0%. This is often a huge advantage that you can generally find on the most famous Ethereum Casinos in the industry of online Gambling.

Image by Peter Patel from Pixabay

The post How can Ethereum casino improve the online gambling industry? appeared first on Global Coin Report.

Read more at https://globalcoinreport.com/how-can-ethereum-casino-improve-the-online-gambling-industry/ […]
Learn more

Be the first to comment

Leave a Reply