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Online casinos can pay you in encrypted, charging for a crypt does not mean they are based on blockchain. It does not mean that they are right. These casinos could be controlled by a third party, does not mean they could be considered reliable. This is why for many years we have been stuck with superficial and unsatisfactory online gaming games. They have never been honest with us and we know it.
Trust was the problem with everything online, fortunately for us and the future gens that are changing. We have blockchains to show who you can trust and who you do not, or even more so that our trustworthy choice of companies is now under our control.
In blockchain casinos, things are done differently.
It is coded on a decentralized network and can be controlled at any time and in any place. This means that I can see how my cards are shuffled, I can understand each transaction and in fact everyone can do it. It is open for people to read. It's all bug-proof and logical. Mathematical provability leads to trust and therefore there are lower house margins to support the rise of these blockchain-based casinos.
Obviously, to never be confused with online casinos, blockchain is the real shit. The real shit means that the casino can not cheat, while the cheaters go out and people do not see the fish in time.
A "Bitcoin casino"
A Bitcoin casino like bitcasino.io. is a casino that uses bitcoins and other cryptos as a payment method. It's a Bitcoin casino, it can also be fairly fair, but it's not based on blockchain.
It's just like any other online casino, offering flexibility to pay and cash out by offering in-game encrypted currencies such as paid ones like USD, EUR and so on.
A "blockchain casino"
A blockchain casino like edgeless.io uses the blockchain network to work. This means that they use the "smart contracts" of ethereum to manage their games.
This allows them to be better with:
– Have a bankroll publicly visible on the blockchain.
– A random number generator, RNG, (a mechanism that rolls the slots, shuffles the cards and pulls the final result). This means do not cheat.
– "Casino deposits and incoming withdrawals that can easily allow anyone to check how active the game is." This means not lying.
This means that all the problems of online casinos have been overcome, through blockchain. The truth will prevail!
