Meongkucing

  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 exchan...

  Overview Bitcoin went mainstream in the last four years, and with it, many betting and casino services began to accept cryptocurrencies. Current escrow services follow an unfavorable trend of utilizing cryptocurrency in a centralized manner, creating counterparty risk. The key advantage of blockchain technology being used in the online betting and casino sector is that it provides transparency in database transactions. And while players are typically skeptical, possibly assuming it was a scam site, by using blockchain they can see exactly how the transactions are processed, solving this problem. To counter the above problem, the solution of sports betting exchange is introduced which solves this issue by means of decentralization, removing central points of failure to allow the use of cryptocurrency without counterparty risk. A sports betting exchange is a marketplace for the trade of sporting outcomes. Sports betting exchange eliminates the need for a central bookkeeper and inst...

  New technology in online gambling is coming, and a new ico for putting money in, is long gone when fiat currency turned into all we have. Since the release of bitcoin in 2009, the crypto foreign currency market has gone from electricity to electricity gaining more and more interest. Maximum online gaming platforms do not entertain the use of cryptocurrency betting let alone have dedicated exchanges, and given the new digital world, we are now running to the time to bring online gambling platforms to this new digital world. A new era in online gambling is coming, and a new ICO for investing, has passed when fiat currency is all we have. Since the launch of Bitcoin in 2009, the cryptocurrency market has gone from strength to strength gaining more and more interest. Most online gambling platforms do not use cryptocurrency betting much less have dedicated exchanges, and given the new digital world we are now living in, it is time to bring online gambling platforms into this new digit...