The world of gambling has seen numerous transformations over the years, and the introduction of cryptocurrencies such as Bitcoin marks yet another significant shift. As digital currencies gain traction, they are revolutionizing the gambling industry by offering increased privacy, faster transactions, and lower fees. Let's delve into the impact of Bitcoin and other cryptocurrencies on the gambling landscape, from their early adoption to the present day.​

The Dawn of Bitcoin Gambling: SatoshiDice (2012)

Bitcoin's first foray into...
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We’ve already written many times on how blockchain technology could potentially improve many aspects of society, such as political aspects, technological progress, sustenability projects and even charity projects. Today we found that in terms of politics and civic duty, blockchain could definitely make a difference and it’s already starting to be implemented for this purpose. As per CoinDesk, West Virginia state is now in process of trying a voting system based on blockchain. The pilot project...
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No day goes by without some kind of breaking news in the cryptocurrencies' dynamics. Let's have a look at the tech industry and how cryptocurrencies change their path. Nvidia decided it’s needed to increase production of graphics processing units (GPUs), in order to satisfy the demand created by miners. As we know, gamers and crypto miners are highly demanding when it comes to GPUs, so tech companies such as Nvidia need to comply to the demand...
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We’ve been sharing news in the past month as to how online casinos have diversified their payment options, brands which were already accepting Bitcoin as currency have extended their range to other main altcoins, such as Litecoin, Ethereum and Bitcoin Cash. Bitstarz Casino, Bob Casino and many others have added Litecoin in order to make players’ payments faster and easier. This is why we’ve decided to dig a bit deeper and analyze why Litecoin is considered...
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We’ve previously wrote another article on Byzantium, one of the first stages of the overall upgrade planned by Ethereum. Well, today the hard fork has been officially tested and simulated. It is said the testing process will take up to a few weeks before the hard fork actually happens. This upgrade and testing on Ropsten is extremely important to the overall progress of cryptocurrencies, since ETH is the 2nd large and most notable coin. The results...
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Similarly to Bitcoin, ETH is also experiencing high traffic and a wide number of transactions which are slowing the speed of the network. And following the BTC example – Lightning Network, ETH has also proceeded with The Raiden project, which has been mentioned ever since 2015 when work on it has begun, hoping to bring a solution for making payments faster and better copping with high volume of transactions. The Raiden project has added today a...
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Yesterday was a big day for BTC, and we were all amazed to see how fast the coin is approaching a nice round figure, $5,000. The bitcoin price hit $4,802, but then slowly moved back to around $4,762. So, what should we think about all this progress? Is it a real, solid growth, or it’s more of a bubble artificially created? Some financial analists tend to believe there’s a vivid resemblance between the current stage of...
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We know how one of the main features of cryptocurrencies is that they are not anchored in space, they don’t belong to a nation’s identity and they don’t follow governements actions. Its global presence makes the process of trading, buying, selling to be the same for users from all countries. However, this does not mean the big geo players action don’t affect the exchange volume, rate and even the price of the coins. Regulations changing in...
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We’ve recently added an article regarding how blockchain and cryptocurrencies can change the world in many ways, in terms of crowd funding, fastening payments to poor regions and so on. We’re focusing today on another initiative which proves just that. Bitspark, which is a recently created start up, has announced they have begun working with the United Nation’s programme for development in poor countries. The new project for which the 2 teamed up is...
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