Introduction
Gambling is the wagering of money or something of value on an event with an uncertain outcomes. We know gambling from the ancient times and people love to play gambling games. It consists of risk, consideration and a prize. The outcome is always uncertain and immediate one. Every gambling participant holds his nerves during the entire game. Which provides highest level of real entertainment.
There are many types of games comes under gaming structure. Some of which are lottery, sports betting, horse betting, poker, roulette, slot machine, card game, e-sports etc. People used to gamble with many games in casinos. But today due to the advancements in technology we can gamble through technological devices. Thanks to Blockchain technology, it's immutable, incorruptible and unhackable nature allows to provide efficient, transparent and secure gambling service to all.
But everything is not so sweet as it seems, the gambling industry despite being a most played and loved industry it is facing many challenges. Still the gambling industry works on archaic principles which hinders it's growth in today's modern world. Trust and transparency are the two main factors which gives faith in this industry. Honesty requires in every game played in the gambling and it needs must and should. If these factors are missing, then other players feel injustice and this leads to losses . This unfair and uncertain circumstances leads to loss of trust and interest in this industry. Thus the industry loses its credibility and it becomes hard to bring it back.
But now thanks to a team of professionals who are committed to solve this problems by creating a project called Bethash.
Project Objective
The main aim is the project is to create a Blockchain technology powered decentralized gambling platform. It is a new gambling entertainment platform based on EOS Blockchain, which offers transparency, conveniency and reliability. It potentially eliminates fraud and intermediaries and processes high volume of transactions in seconds.
Principle of operation
The developers of the Bethash platform chosen EOS over other blockchain networks because of its more competitive advantages, security and reliability. EOS blockchain is highly advanced in security wise and development of gambling Dapps is very much easy in EOS blockchain. The technical characteristics and frameworks offered by EOS helps to develop gambling games on the network. Thus, transactions on Bethash network will be processed in seconds and it can handle high volume of transaction traffic without any lag.
The blockchain helps to maintain trust, transparency, security and reliability. Thus, gambling games can work like fluid and in real time all transactions will be executed. Project developers can hear community voices and make development according to their needs. Bethash is a highly advanced and secured built in casino on EOS blockchain, where users can gamble with wide range of games. It also offers loyalty rewards for community and all industry participants.
It is worth to note that, the developers of Bethash are committed to help in providing EOS wallets for those who don't have EOS wallets yet. They just need to deposit 2 USDT worth coins and your EOS wallet account will be fully activated. Bethash supports BTC, ETH, IOST, TRX and EOS on the platform.
Token structure
ā¢ Token ticker: HPOINT & HASH
ā¢ Platform: EOS
ā¢ Price: 1HPOINT = 10USDT worth bets
ā¢ HPOINT can be exchanged with HASH tokens and can participate in loyalty rewards. These tokens will also be used to stake and earn rewards.
ā¢ Users can play games with eBTC, eETH, eUSD and with more tokens.
Conclusion
There is no doubt that Bethash will definitely revolutionize the gambling industry through EOS blockchain. Thus, _Bethash_will bring transparency, trust, security and reliability in every gambling transactions. People will now have more trust in every gambling game they will play on Bethash network. _Bethash_will bring a transformation in the way we gamble today in casino, it will bring casino in your mobile devices and you can gamble at any time from anywhere.
Finally I would suggest you to read the official whitpepaper of the project for more details. This project needs much public attention and I wish all the best for this great project.
Learn more about Bethash:
Website: https://bethash.io
ANN thread: https://bitcointalk.org/index.php?topic=5129963.0
Telegram: https://t.me/BetHash
Twitter: https://twitter.com/BetHashTeam
Medium: https://medium.com/@eoshash
About Author:
Bitcointalk username: Abhijeetcg
Bounty0x: abhijeetcg
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1676105;sa=summary
EOS address: abhijeetcgyt
