Technically speaking, analysts believe the concept behind cryptocurrency is truly gambling. Even investment can be associated with gambling.
They want us to understand that we are actually accustomed to operating with blockchain-based prototypes and here’s a new alternative. You can now play roulette on a blockchain-based platform. Conforming to The Next Web, developer Rui Gomes has released a game dubbed ‘Lighting Spin‘. Players can experience a new way of enjoying online games, due to the Bitcoin Lighting Network.
I'm officially launching Lightning Spin, a fun bitcoin gambling game that lives on top of the @lightning network.
Spin the wheel and multiply your satoshis, with instant deposits and withdrawals ⚡️https://t.co/sDriH0vXro
— Rui Gomes (@ruigomeseu) June 27, 2018
“The app lets you wager anywhere between 1,000 Satoshi (approximately 6¢) to 100,000 Satoshi (approximately $6) per round. All you need to play the game is load your balance using a wallet service with support for the Lightning Network – like Eclair, for instance,” as reported by The Next Web.
“You can choose the multiplier you want to wage at. This means that if you wager 1,000 Satoshis with multiplier factor of five — you will win or lose 5,000 Satoshis depending upon the outcome. The web roulette has been spun more than 7,000 times so far by nearly 300 users at the time of writing. The data on the website shows that more than 4.2 million Satoshis ($248) have been wagered on the game.”
Blockchain technology attracts progressively investors regardless of the domain in which they operate. More and more websites adopt blockchain as a new method of organizing the company. You should expect to see more and more tech changes in the global ecosystem as it quickly absorbs everything new.
The launch of a new gambling based on blockchain technology could lead to the opening of more doors in the near future by inspiring new developers to launch innovative projects. From now on, we should expect everything. Casinos and bookmakers could become the next players and influencers in the crypto sector. It’s amazing to see how technology blends perfectly with creativity.