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Tomas Draksas, Co-Founder of Edgeless–World’s First Fully Transparent, Decentralized Ethereum-Based Online Casino

Tomas Draksas, Co-Founder of Edgeless–World’s First Fully Transparent, Decentralized Ethereum-Based Online Casino

FromFinding Genius Podcast


Tomas Draksas, Co-Founder of Edgeless–World’s First Fully Transparent, Decentralized Ethereum-Based Online Casino

FromFinding Genius Podcast

ratings:
Length:
25 minutes
Released:
Oct 10, 2017
Format:
Podcast episode

Description

The main problem of the online casino industry is the centralized nature of their servers. Because these servers are responsible for the random number generation that creates the games, users cannot tell if a casino is cheating its players, making it more likely that they lose against the house. With the use of ethereum-based smart contracts, the random number generation that is essential for the games will be entirely decentralized, meaning that there is no way for the house to cheat. The use of smart contracts will also both increase the speed at which the number generation can take place, and allow for the scalability needed to become a success. Offering black jack, dice, poker, and sports betting, the casino is coming soon. To learn more, or to play once the casino is open, visit www.edgeless.io.
Released:
Oct 10, 2017
Format:
Podcast episode

Titles in the series (100)

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