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How Blockchain Casinos Guarantee Fair Play

Creation date: Nov 14, 2024 5:44am     Last modified date: Nov 14, 2024 5:44am   Last visit date: Nov 25, 2024 6:09pm
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Nov 14, 2024  ( 1 post, 2 replies latest Nov 15, 2024 )  
11/14/2024
5:44am
Jason Foden (jasonfoden)

Hi all, I have recently been delving into the world of cryptocurrency gaming and I’m really interested in how they maintain transparency. Transparency is something we can agree on is very important, but how exactly is it achieved? How do players know that the games offered are not rigged? Any suggestions or pointers would be very useful. Thank you in advance!

11:21am
Martin Harris (martinharris2706): edited 11/14/2024 11:21am

I’ve been working in the online gaming industry for several years, and I can tell you that blockchain technology plays a huge role in ensuring transparency in casinos. The concept you're looking for is known as Provably fair gaming. This method uses blockchain to create verifiable records of every game played, so players can check and confirm that the game outcomes weren’t tampered with. Each transaction is publicly recorded on the blockchain, and thanks to the open-source nature of many blockchain platforms, anyone can audit the game’s fairness.

Essentially, players are given access to the seeds used in generating random numbers, allowing them to confirm the results after the game ends. It’s a system designed to minimize trust issues and maximize transparency in blockchain casinos. I hope this helps clear things up for you!

11/15/2024
3:00am
Jin Watkins (jinwatkins1)

Blockchain technology sounds like a game changer, though. I’ve heard about “provably fair” gaming before, but it’s great to get more details on how it works. Thanks for sharing that article, User2! I think this might help a lot of people who are looking to get into blockchain-based casinos but aren’t sure whether they can trust the system. Looking forward to learning more about this topic!