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Merge-mine Jax.Network for a higher ROI

The Jax.Network blockchain is a unique blockchain solution governed by two native digital crypto coins, JAX and JAXNET (JXN). The two coins offer different utilities, but they work together to ensure that the Jax.Network blockchain operates accordingly and functions properly.

When solving the inherent scalability and stability issues faced by blockchain projects, Jax.Network used a rather unconventional approach that involves using two digital coins governing the network. This article unravels the details of how both of these coins are mined, the Jax.Network blockchain reward system and minting and mining mechanisms involved.

The Jax.Network blockchain reward system

The Jax.Network platform employs a unique reward system that ensures optimum balance within the network. The reward system is designed in a way that it allocates the coins by considering the overall amount of computing power contributed by miners to the Jax.Network platform. In essence, the Jax.Network reward function operates by issuing out the coins proportionally.

Say, for example, miner X contributes 200 units of hash power to Jax.Network, the network will issue the miner 200 JAX coins. This function is called the JAX coin reward function. It operates only on the shard chains, where JAX coins are mined, and it is the main reason that keeps JAX coins’ value pegged to the cost of hashrate, and thus relatively stable.

Miners on the Jax.Network platform can mine three different chains, thanks to an innovative approach to minting and mining known as merge-mining that’s used in Jax.Network. Miners can choose to mine Jax.Network shard chains to get JAX coins, Jax.Network beacon chains to get JXN coins and the Bitcoin blockchain to earn Bitcoins.

The Jax.Network distributed ledger is anchored to the Bitcoin blockchain to provide better security to the platform. This is easy to achieve and can only be compromised if 51% of Bitcoin miners become fraudulent – which is highly unlikely. So, how exactly does the mining mechanism in the Jax.Network blockchain work? Let’s have a look.

Mining Mechanism on the Jax.Network platform

In order to earn JAX coins and JXN coins, you need to commit some computing power to mine the Jax.Network blockchain network. However, the Jax.Network blockchain employs a unique mining mechanism, known as merge-mining, allowing miners to mine from three different chains.

The merge-mining mechanism is introduced to offer security to the blockchain network. Whenever sharding is involved within a blockchain network, there’s always a risk of splitting the network several times, making it challenging to maintain high-security standards on each shard chain.

Merge-mining on the Jax.Network blockchain involves mining more than one cryptocurrency simultaneously. However, merge-mining is a household concept in the crypto industry thanks to Dogecoin, Namecoin, and other altcoins that are merge-mined with Bitcoin, Jax.Network developed its proprietary merge-mining tree to ensure the network shards are secure from take-over attacks while improving the efficiency of the data structure for all nodes.

The Jax.Network distributed ledger is firmly against any form of centralization, and therefore, the network employs a clever Merkle tree that optimizes the process of encoding data within the blockchain. This circumvents the issue of centralization, ensuring all nodes, small or big, can participate in verifying transactions.

Recap

Jax.Network is a unique distributed blockchain network that employs an unconventional approach to cryptocurrencies. Its unique approach solves the popular Scalability Trilemma facing other blockchain platforms like Ethereum and Bitcoin by using its two native digital tokens. The blockchain network offers maximum security, efficiency, and reliability, without compromising decentralization.

To learn more about Jax.Network, visit their Telegram group or Twitter. Testnet will be launched soon where miners can earn additional rewards.

 

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Bitcoin Gaming Alternatives – Playing at Ethereum Sites

As consumers embrace cryptocurrency more, it has become a reliable alternative to fiat transactions. Online gambling is one of the sectors that is enjoying the dramatic popularity of digital coins. Presently, gamblers the world over can pay with various cryptocurrencies to play casino games. Bitcoin has been the fastest coin that operators adopted for gambling. However, it’s not the only one. Ethereum is slowly becoming a preferred alternative to Bitcoin. An increasing number of online casinos are accepting Ethereum, which gives gamblers more choices to enjoy fast, secure and convenient gambling.

If you have ever heard of Bitcoin, then you must have an idea about Ethereum or ETH. The two coins have been going head-to-head for several years. Ethereum is second to Bitcoin in market capitalisation and some experts anticipate that it might soon surpass the competition. Bitcoin has been soaring in value in the better part of 2020 and 2021, and Ethereum has been growing right along with it. So, it’s not surprising that ETH is one of the top altcoins offered at crypto gaming websites. How does Ethereum casino gambling work, though? Keep reading to find out.

The Distinction between Ethereum and Bitcoin

A common question when talking about altcoins is how they are different from Bitcoin. If they are all digital currencies, why should a gambler be motivated to use one and not the other? Therefore, learning how Ethereum works is critical. Ethereum is a blockchain network with its own cryptocurrency – Ethereum (ETH). The currency uses the decentralised public ledger to verify and record transactions. One difference that Ethereum has from Bitcoin is that it is programmable. The platform has its language called Solidity that can be used to create, publish and use applications such as video games. Some circles refer to the decentralised applications as dapps. Users have to pay fees called ‘gas’ to use these apps. Ethereum’s programmable blockchain serves as a marketplace for apps, games and financial services with Ether as the payment method.

Speed is another reason ETH is a practical alternative to BTC. Ethereum transactions take an average of 16 seconds compared to 10 minutes for Bitcoin. When depositing and withdrawing at an online casino, speed is always a concern. A quick look at an Etherum Casino review by Martin Hill should give you an idea of the duration on selected sites. Another distinction to consider is the smart contract technology on the Ethereum blockchain network, which makes it more versatile than BTC. While the Bitcoin blockchain was developed specifically for cryptocurrency, Ethereum’s was built to support all types of applications that can be paid for using the Ether currency.

Types of Ethereum Gaming Sites

Before beginning the search for the best ETH online casinos, you should know the different kinds available. All Ethereum casinos don’t operate the same. You can find Ethereum-friendly operators that allow customers to deposit funds using the digital coin, but then convert them to fiat currency. They also let users withdraw using Ethereum. Such operators provide bonuses, promotions and other rewards in traditional currency. Ethereum-friendly casinos are suitable for novices in crypto gambling because they make gaming uncomplicated.

The other type of casino accepts ETH as payment and allows gamblers to play with the same currency. These casinos have exclusive Ethereum games. An Ethereum gambling site can be fully crypto, meaning that it only accepts digital coins or hybrid, which supports both fiat and virtual currency. When picking a gaming platform, decide which one serves your needs best.

Ethereum Bonuses

Online casinos that accept Ethereum offer various bonuses and promotions. A big advantage of cryptocurrency platforms is that they have attractive bonus offers. Thanks to the low transaction fees and fast processing, operators can afford to give out sizeable rewards. A good casino should have different types of bonuses from which to choose. Bonuses can be in the form of funds, free spins or loyalty points. Welcome offers are the most common and tend to be generous since operators are looking to attract new users. In most instances, these are deposit matches. Reload offers are given when customers make subsequent deposits. Casinos also give cashback or rebates where players receive a percentage of their money back after losing. Bonuses come with individual terms that you should consider carefully before claiming any offer.

Probably Fair Games

One thing that remains consistent when gambling with crypto, whatever the currency, is to stick to probably fair games. Fraud is always a concern when gambling, particularly online. Players have to be certain that casinos don’t rig games to rip money off of users. Operators implement various measures to ensure the fairness of products. In cryptocurrency gambling, a system is put in place to allow gamblers to verify game fairness. A cryptographic hash function lets players check if games have been tampered with.

The verifier is easy to use, even beginners in cryptocurrency gambling won’t have any trouble with it. When searching for Ethereum casinos, you should always confirm if the operator has provably fair gaming solutions. The game selection is the same as in any other online casino. So, players can expect to find virtual slots, card games, table games, scratch cards, bingo, poker and a host of other specialty offerings. The specific preferences of a gambler will determine the best sites depending on the available games.

Ethereum is one of the leading digital coins used for crypto gambling. With the currency slowly closing the market capitalisation gap it has with Bitcoin, more consumers are turning to Ethereum transactions. Gamblers can find a good number of casinos that accept Ethereum and leverage the benefits of playing with crypto.

 

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Dogecoin (DOGE) is now supported by Alfacash Store

Alfacash Store is available to buy and sell cryptocurrencies against euros in a fully non-custodial and automatic process. Now, its users can also enjoy the trading of Dogecoin (DOGE), the popular crypto-meme. They can find here a fast, secure, and regulated way to exchange this cryptocurrency with different payment methods.

Dogecoin (DOGE) was officially launched back on December 6, 2013, by Jackson Palmer, a marketer in Adobe Systems, and the IBM software engineer Billy Markus. It was a joke at the beginning, but it also had some purposes: be faster and cheaper than Bitcoin (BTC) and working as a reward for content creators on different platforms.

This January, after the incident with WallStreetBets and Gamestop, it became more popular than ever. Elon Musk, CEO of Tesla, SpaceX, and Neuralink, has shown a strong predilection for this currency as well. More and more merchants worldwide are accepting Dogecoin, and Alfacash Store couldn’t be left behind.

The adoption of DOGE has spread like wildfire, even if some others “meme cryptocurrencies” have come before and after; like BBQcoin, Cheesecoin, EvilCoin, or JesusCoin. Most of them are unknown or dead by now, but DOGE has prevailed and remains in the top 5 by market capitalization, with over $38.9b.

The steps to trade Dogecoin are simple. Go to Alfacash Store, pick on buy or sell, select DOGE (or go here directly) and choose your favorite payment method. That’s it!

What can you do with Dogecoin & Alfacash Store?

  • Use the coins to make faster and cheaper transactions
  • Send and receive remittances: Dogecoin is a global currency and you can find over 5,500 ATMs for it worldwide [CoinATMRadar]
  • Hold to make future profits. DOGE is the fifth cryptocurrency by market capitalization and its price has increased by over 14,500% year-to-date. It’s crossed for several All-Time-Highs (ATH) this year
  • Pay for goods and services worldwide in at least 1,400 venues, including Newegg, Giftoff, SugarTrends, and even the Dallas Mavericks
  • Tip your favorite content creators and receive giveaways with several tipbots and groups on social media
  • Buy and sell whenever you want to on Alfacash Store!

Next for Alfacash

  • Support for international bank cards worldwide (pay-in/pay-out features)
  • Our own card program for 2021
  • Discounts, special programs, and more exciting blog posts
  • Find the full list of supported cryptocurrencies and rates here. They also include Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Monero (XMR), and XRP

To join the conversation, you can follow Alfacash on Telegram and Twitter.

 

Cheers from the Alfacash team!

 

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Why You Should Consider Investing in Tech Stocks

It might be the most cliché sentence you’ve read lately, but modern technology has changed the world as we know it. From the way we view entertainment to how we go about our daily exercise, technology has seeped into every aspect of our lives, making things just a little bit easier. Naturally, with it being everywhere, technology has changed the investing scene as well. It’s not just about how we invest, but what we invest in. Tech stocks are currently one of the best investment options out there, and here’s why you should keep them in mind when starting a new venture.

Tech Trends Are Long-Lasting

At this point, it’s safe to say that no field is immune to trends. From literature to gaming, everything is prone to trends rising here and there to make things interesting once in a while. Most of the time, trends are a good thing. They usually bring something new and fresh to the forefront that most people tend to like. Unfortunately, we all know that most trends have a tendency to fizzle out pretty quickly, and if you’ve ever invested in something because it was trendy, you know this can hurt your profit.

The good thing about trends in the field of technology is that this doesn’t usually apply to them. Sure, there have been a few instances where the hype around certain tech died down fast, but most of the time, they stick around to become staples! The biggest reason why tech trends are long-lasting is what they have to offer. They make our lives easier, which makes them a pretty good investment option if you know how to weed out the good from the bad.

The World is Moving Online

Pretty much every aspect of our lives involves the internet somehow. Even the act of investing has gone online. When you pick the best trading app currently available, you open yourself up to a slew of new investment opportunities on a global scale. The same can be said about pretty much everything else in the online realm, from social media and digital news outlets to cloud-based solutions that keep all of our data safe in the ether!

All of these things give us a chance to do things differently, and we’re happy to get behind them. The majority of these online solutions to everyday conundrums are a big part of the tech industry. With our affinity to the online world growing more every day, so are the companies offering us these services. There’s no doubt that our world will become even more digitized in the future, making tech investments a pretty safe bet when long-term profits are in question.

New Market Opportunities

We already touched on this a bit when talking about tech trends, but there’s much more to it than meets the eye. Innovation in the tech industry doesn’t send small ripples on the surface but big waves that influence how we do things daily. New technology often opens up entirely new markets that become insanely profitable over time. There are plenty of examples of this, but one of the best ones comes from the world of gaming.

Gaming might have started as a somewhat silly form of entertainment for a younger audience, but these days, it’s a booming industry that has no intention of slowing down! Naturally, video games are a part of the tech world, and as tech advanced, so did they. Right now, the video games industry has proven that it can keep thriving even in the most unfortunate of circumstances and stands to be one of the most popular hobbies worldwide.

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IDO: A Ticket to DeFi

How not to miss the main event in the decentralized finance ecosystem

Do you remember “the ICO Bubble”? A few years ago, any crypto startup entering the market made a marketing event – an initial coin offering (or ICO). Perhaps the scenario is repeating, but this time with the DeFi segment. That said, an IDO is not a copy or twin brother of an ICO. If you look at it superficially, the decentralized flotation considers all the mistakes of its predecessors. How and why? How can we determine the success of the project? Is it worth the effort? Here I’ll explain the matter in detail to help you gain a better understanding.

The initial decentralized exchange offer (IDO) in the cryptocurrency sphere is a way to issue a token on DEX (decentralized exchange), which has no intermediaries. Such a solution makes it possible to involve numerous people, as many intermediate links in classic cryptocurrencies have become a strong argument for “going DeFi.”

Why IDO?

When raising funds for a project through an IEO or ICO, developers first pay a fee and wait for the exchange to approve the project, after which it gets listed. IDO projects don’t pay high commissions and don’t require anyone’s approval because it’s a decentralized offering.

Compared to IEO and ICO, which require an initial waiting period, IDOs provide immediate access to liquidity and trading. It also improves the user experience by providing support for a secure wallet and trading platform built into a single interface. An IDO may support multiple wallet types, which simplifies user interaction.

In short, IDO facilitates the release of new projects, supporting their interaction with users. As a result, this format can quickly gain popularity among crypto developers and enthusiasts.

IDO establishes direct, fair and open communication. Eventually, decentralization became the reason for the initial popularity of cryptocurrencies. Its best features took shape in DeFi projects.

Successful projects

The first project to successfully launch in the industry was the Raven Protocol, despite the developers refusing to give it that title. Raven is a decentralized and distributed deep learning neural network protocol. Using RAVEN‘s token, the project rewards participants when they share computer resources. The utility token is used to train the AI.

Even though it had initial problems, another successful IDO project launch was the UMA universal market access protocol. It allows DeFi developers to create assets on Ethereum, which are collateralized tokens whose value changes. The project started selling tokens through the decentralized exchange Uniswap last April, with a starting price of $0.26 per token. UMA had to place $535,000 in Ethereum in a newly created liquidity pool to get that price. And guess what, it worked! There was a queue lined up to get the token. Traders attacked IDO, but the price stabilized at $1 per coin. UMA currently has a market capitalization of over $850 million, and the value of a single token is slightly above $14. Amid the general recession, this is an excellent indicator, and the dynamics are steadily showing growth.

Another example is SushiSwap, a decentralized crypto exchange built on Ethereum. The project is trying to take the place of Uniswap as the most popular decentralized exchange based on Ethereum. Last September, SushiSwap users moved more than $1.14 billion worth of Uniswap blocked crypto assets (i.e., deposits frozen for yield) to the SushiSwap platform.

Interestingly, instead of running an ICO, the platform rewarded liquidity providers (LPs) on Uniswap by placing their LP tokens on SushiSwap. Users received SUSHI tokens as a reward for doing so. During the first two weeks of SushiSwap, it issued 1,000 SUSHI tokens per Ethereum block about once every 12 seconds to users who placed their Uniswap LP tokens on the initial SushiSwap protocol. It was a clear win. Of course, “Sushi” did not overtake “Unicorn,” but it did make a serious statement.

How to launch an IDO?

Now, let’s talk about developing the initial DEX proposal. Here’s how it works: Projects reach out to the general public through startup platforms or platforms specializing in IDOs. Investors like you and me can, under certain conditions, buy tokens before they appear on the market. The IDO token is launched on DEX.

There are two different practices for public sales:

  1. The issuer issues limit bids to sell at various levels of price appreciation.
  2. The issuer holds an auction where the selling price is determined by supply and demand.

The listing is done on the very DEX based on an automated market maker (AMM), such as Uniswap or Balancer. The issuer creates pool liquidity by using tokens and sales revenue to create a liquid secondary market for the token.

Liquidity incentives refer to a wide range of programs that a token issuer can use to launch a product or service. Liquidity mining (i.e., a way to profit from “freezing” coins within a project to provide liquidity) is very popular. It can create a driving force for people to support the platform.

How to test a project?

As I mentioned before, new tools can become part of a scam scheme. Even though the fundraising format in DeFi is much better protected from scams than its predecessors, it’s still worth knowing the main tip for combating fraudulent developers. One of the most popular ways to get easy money in IDO is to publish fake contract addresses. It’s the address of the actual contract that controls the token logic.

Typically, three to four fake cryptocurrencies are registered under the same name for each new cryptocurrency listed in IDO. Therefore, it’s crucial to double and triple-check the contract addresses. There’s an easy way to do this: check their identity on social networks, messengers and websites – different addresses = total scam.

The future of IDO

In the DEX model, where there is no need for permission to set up a fundraising event, it provides an effective setup to raise funds. Right now, only DeFi projects are collecting money through an IDO. In the future, I assume that projects from other areas of the cryptosystem will be able to raise funds this way as well. By the way, if you want to know which startup in the DeFi segment is worth looking at in 2021, I suggest you read this article.

IDO is a more tempting option to get capital for startups. This kind of model has a chance to take its place in the market. IDO platforms with governance mechanisms may lead to an increase in the popularity of DEX’s primary offering.

Max Krupyshev, CEO of  CoinsPaid

 

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How Chainflip Solves Frictionless Cross Chain Swapping

Chainflip is a decentralized protocol under development that supports the native cross-chain exchange of cryptocurrencies without a trusted intermediary. Through Chainflip, users get the same permissionless experience as Uniswap, but without the limitation of being stuck on the Ethereum blockchain or limited to ERC20 tokens. Users can swap their tokens directly without putting their trust in wrapped tokens or suffering from the myriad of user experience issues and tradeoffs that current offerings propose.

Chainflip has its own Substrate-based Proof of State blockchain known as State Chain. All balances, swaps and events are tracked on this blockchain, meaning that users only incur simple transaction costs for the blockchains they interact with. Chainflip can support any generic decentralized transaction network as long as it meets the minimum security guarantees.

The challenges in Cross Chain DEXs

The market lacks a product that facilitates low-friction cross-chain swaps as a fully decentralized protocol without imposing usability tradeoffs that prevent mainstream adoption. The solution should allow users to choose the assets to be swapped, provide the destination address for the receiving chain and have a deposit address generated. This address allows users to swap funds from one chain to another regardless of the wallet they are using. The cross-chain protocols in the market and also those that have been proposed in the recent past do not provide this optimal user experience.

Although there have been projects trying to overcome some of these challenges, most of them have designed solutions that introduce user experience tradeoffs that prevent non-native crypto users from actually using these protocols.  l

Other projects have been able to deliver on the user experience side with intuitive cross-chain swaps but have been unable to deliver on the decentralization aspect.

For instance, Shapeshift was fast, intuitive and provided optimal cross-chain experience. However, despite attracting huge volumes, it was essentially a centralized brokerage service that later on was forced by regulators to follow KYC/AML guidelines, leading to a complete loss of traction for the product. Shapeshift could no longer be natively integrated into wallets and other services that made it simple to swap crypto. Therefore, there was no longer any advantage of using the platform.

The right solution should make swapping tokens as simple as Shapeshift back in the days but without centralization. That is why Chainflip is developing a generic cross solution that will pave the way for mainstream adoption.

Chainflip value proposition

Infrastructure

Chainflip has built its own blockchain known as the State Chain which acts as the platform’s bookkeeping, consensus and coordination mechanism. This blockchain contains all the data regarding vaults, the rules set for dealing with transactions, how to manage liquidity and swaps, and how validators will come to a consensus. This means that the rules of the AMM are written into the very fabric of the blockchain. It’s a brilliant use case for an application-specific blockchain, but the FLIP token itself is still an ERC20 token. Pretty amazing stuff!

Security and decentralization

Chainflip works through a decentralized network of 150 nodes to connect chains and uses different types of threshold signature schemes to allow validators to create a single joint wallet for each supported chain. The state chain ensures the protocol is secure allowing assets to be moved around.

Advanced multi-party computation

Chainflip will have a unique and quite advanced multi-party computation mechanism that allows the platform to support various blockchains. It will have a system of validators, which also generate and operate large multi-signature vaults. To create the vaults, validators participate in a setup process where new nodes are deterministically chosen to serve in the next active vault. The vaults use different types of threshold encryption depending on the type of blockchain. These factors ensure that the blockchain is functional at all times, and that users do not experience any downtime.

Composability and integration

Chainflip design will allow users to use the platform as a cross-chain DEX but also as a liquidity aggregator. Integrations with other ERC-20 DEXs like Uniswap or Sushiswap will allow users to access any ERC-20 token listed on those platforms. Chainflip will simply route the payment through one of these platforms without the need for the user to know/do anything. Composability will allow Chainflip to tap into the liquidity of many ecosystems enabling users to have access to a wider range of tokens.

FLIP mechanism and scarcity

Every swap that will be conducted on the Chainflip platform will result in the direct buying and burning of a small amount of FLIP tokens through the system’s liquidity pool. The automatic buy and burn mechanism will create a continuous buying pressure for FLIP and provide a possible deflationary model. This buy and burn mechanism a la EIP 1559 will give upside exposure to any user holding the token no matter what quantity they are holding.

Conclusion

Chainflip is set to be the ultimate solution for true cross-chain, native and permissionless swaps. The platform allows users to swap between major blockchains without any specific wallets, specialized software or wrapped/synthetics counterparty tokens. It is set to solve many challenges currently found in existing cross-chain platforms, by providing an intuitive, seamless interface to connecting assets from different blockchains.

 

 

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BetFury Keeps up With Gambling Innovations

Foundation of online casino

The opportunities that the Internet has given for all the world are infinite: communicating, watching, listening, studying, gambling etc. The biggest internet development has come with social services named WEB 2.0.

WEB 2.0 was the first step to global digitalization in all directions. People started working from home, social networks replaced mail and telephones and even Casinos became available to play for everyone: roulette, slots or even monopoly have moved to smartphones and PC’s.

Later the industry faced such issues as regulatory restrictions and obstacles, such as potential fraud and dishonest practices. This caused the development of new technologies called WEB3.0, which could help to improve the gambling experience. The most significant changes were made after the implementation of blockchain and smart contracts. It gave more opportunities: probably fair playing, anonymity and independence in a decentralized system.

How does Blockchain influence Online Gambling?

Blockchain is a kind of a database, where information is collected in blocks. Decentralized system provides better transaction protection, enhanced data security, and complete information transparency.

 Why has blockchain become a promising technology for online gambling?

The blockchain technology solves two main problems of online casinos – provable fairness of bets and payouts transparency. It gives the opportunities to see clearly every bet and stay anonymous. All information that has been written in blockchain is kept there forever.

One more important thing, which blockchain brings to Online Casinos is crypto. Cryptocurrencies also rely on blockchain technology and offer safety, security, and speedy transactions, which are so important for players.

All this led to intensive development of the industry and positively influenced the independence of gambling. Now casinos have no restrictions from payment systems and regulators. Thanks to blockchain development, the level of competition among developers has decreased, which has enabled promising game providers to grow and succeed.

Why BetFury?

More than a year ago BetFury was one of those young and prospective casinos which has grown extremely fast. Today it’s a №1 i-Gaming platform with multicurrency Staking payouts. BetFury is a compilation of Fairness, Volatility and confidence with unique  design and more than 3000 games. BetFury uses the maximum capabilities of blockchain development with an off-chain betting system to provide a number of advantages: scaling of the platform, low commission, min bets and instant transactions.

Use of Blockchain capabilities at BetFury

Instant Transactions

Thanks to the off-chain betting system transactions at BetFury are faster and more transparent. BetFury provides comfortable and fast deposits for every user. There are more than 30 currencies available to deposit on BetFury: BTC, ETH, DOGE, BNB, UNI. Since Bitcoin and other cryptos run on blockchain tech, transactions are easy to monitor. No one can manipulate the transaction and so it is safe. However, it’s important to make sure that funds are sent to the right wallet address, while there are different protocols of the same currencies.

Fair Bets

The majority of Casinos use Blockchain to prove bets and check their fairness. BetFury has chosen a different way to use such innovative technology and uses a blockchain-development system with an off-chain betting technology. In such a way BetFury can track fairness of transactions and not add them to blockchain.  Every bet in in-house games on BetFury is absolutely random. Lucky result is generated and mixed with random Server seed. You may see the Hash round before you make a bet in the Fairness section. Users may check the fairness of each betting result.

Blockchain in work

Those who work directly with blockchain functionality can truly estimate the value and importance of it. Supports of BetFury provide the qualitative playing experience and help users to quit usual problems of gambling, transactions troubles and others.
Here is why they value blockchain:

  • Sometimes you may have troubles with depositing, and because of blockchain we could immediately check transaction history in the network.
  • Transactions speed is really fast, especially if we are talking about BSC-based currencies.

More advantages

Daily staking Payouts
Every user on BetFury can mine BFG tokens while playing games. Holders of BFG tokens receive daily payouts from BetFury Staking Pool in 6 currencies: BTC, ETH, BNB, TRX, USDT, BTT. According to BetFury’s multicurrency strategy, more than 25 coins were added last month during the Altcoins Spring event.

Every 1st week of the month the BetFury operational team will replenish the main pools from the funds of sub-pools.

 

 

Free & Deposit Boxes

Absolutely Free Satoshi and BNB coins fall out from 2 Free Boxes every 20 min. It’s a good start for all newcomers, who want to try their luck at BetFury. Moreover, there is a nice referral bonus – 20% for every referrals’ withdrawal.
Crypto investors can find the opportunity to multiply crypto right there – in Deposit Boxes. Every box has a different price (in different currencies) and different Monthly and Weekly Rates.

Referral Program
The BetFury referral program is a lifetime reward for inviting new people. Players can get up to 15% reward from the platform’s house age. The more friends are invented – the higher is the reward.

The gambling industry is so old that it has been greatly influenced through time. Blockchain is the innovation that has definitely made casinos better, more affordable and more reliable. It has solved the problems of traditional online casinos. BetFury continues developing and implementing cool features to make the gaming experience of each user even more incredible.

 

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Earn Passive Income with Nhash Cloud Mining Services

Cloud mining services are an easy way to earn passive income online. Although you can earn income through cryptocurrencies in many other ways such as trading, this requires significant investment of time which you may not have. There are many cloud mining services coming up recently, but Nhash is one of the largest and most profitable.

With it, you can invest in a mining contract and earn passive income without having to lift a finger. This article highlights Nhash’s services and what makes it unique compared to other cloud mining services out there. The following are the features of this company:

Inclusive investment plans: There is a range of options when it comes to investing on Nhash. You can choose from the smaller investments for the short term such as the daily plans which cost as little as $5. If you are looking for passive income ideas with little money, this could be what you are looking for. There are also the longer term plans of up to 90 days in which you can invest up to $12,000. Whatever kind of investor you are, there is an investment option for you.

Instant connection: Once you decide on a mining contract and make payment, your investment starts to count and your profits start accruing. There is no lengthy procedure involved.

Daily payment: One great thing about Nhash is that you start getting paid after 24 hours and subsequently receive daily payments. This ensures that you can literally live on your investment from day to day if the investment is substantial and for the long term. You can also easily withdraw such payments to your personal wallet at any time.

24-Hour support: The Nhash support team is available 24/7 to guide you through the process. This makes the journey easier as any issues you have can be resolved immediately.

High grade security: Nhash takes data protection very seriously, and so it uses the best security technology to ensure the security of your data is guaranteed.

Registration bonus: Nhash now gives a registration bonus of $5 to its new users. That is enough as an investment for the daily plans which you can easily try out. You can sign up easily by providing your email address and a password. Sign up today and start earning.you’ll get 2% of the quantity of hashpower purchased by your referral. For example, if someone purchases a $100 contract using your referral code, you’ll get $2 for free. It’s a win-win situation!

About Nhash

Nhash is one of the largest service providers in the cloud mining industry. After several years of consistent growth, it now provides computational power for mining bitcoin, litecoin, ethereum, and other cryptocurrencies. Through partnerships and the best engineering and team of developers, the company seeks to make crypto mining as easy as possible to make it possible for everyone to earn income from the process.

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Esports Crypto Betting Markets

Esports crypto betting has become a trend in recent times as the accessibility of the gaming type has continually improved. Nowadays, both small vendors and many reliable Esports bookies are largely used by cryptocurrency, thereby enlarging betting markets in Esports. You can read more on CryptoBetting to find out the best crypto betting sites for Esports.

What is Esports?

As the name states, E-sports means electronic sports, this involves multiplayer video games which are played by thousands of persons at the same time. Just like regular sports, Esports have their renowned competitors and stars also. Many famous game types in Esports range across online strategy games following the conventional battle arenas to FPS (1st person shooter) games. Among the most followed E-sports events include Evolution championships, Intel extreme masters, and the much-loved League of Legends (L.O.L) championships. Thanks to technological advancements, individuals can easily view these games while they are being played. With this nature of E-sports, individuals can place bets on several happenings while the game is going on, this includes the possibility of crypto betting.

At the moment, the best crypto betting games in E-sports are those which involve multiplayer battle games such as Call of Duty, Counter-Strike: Global Offensive (CS:GO), Dota 2, League of Legends

The most popular Esports games

Esports crypto betting is now recognized as other sports betting competitions. Hence, many games are now accessible for betting with Bitcoins, the most viewed and most gambled games include:

Dota 2

It is an online battle arena multiplayer game which is well-liked. The gameplay involves 5 players each in 2 groups who combine against the enemy. Each player controls a separate character with their own unique abilities, and they get stronger and more skilled at defeating enemies.

League of Legends

Another crypto betting game is also a very famous battle arena game e-sport bettors can bet on in real-time. Players team up in this ferocious game. The game has been able to couple up conventional role-play with real-time strategy excellently and is a favourite among E-sport lovers. The gameplay involves two opposing teams fighting each other in the various maps and modes.

StarCraft 2

Also, another real-time strategy game, StarCraft 2 is available for crypto betting. In this game, using few resources at hand, the players set up buildings and battle units. To end up as the winner, players must do away with the opposition’s buildings and units.

Mortal Kombat X

E-sports bettors can also use crypto in betting on this game. It involves both players fighting each other. What has sustained mortal kombat over the years is its exciting attack moves and horrifying finishes. Also, the gameplay permits fighters to interact with the environment, moving from place to place and using weapons available in the background. All the fighters have 3 varying combats, with their unique techniques that can be used when fighting.

Heroes of the Storm

Another Crypto betting game available, the concept in the game is that in a single game, you are to acquire the entire Blizzard world. Like other Multiplayer Online battle arena games, it involves two teams, each made up of 5 players who control single characters. The aim is to defeat the enemy stronghold.

Counter-Strike: Global Offensive (CS:GO)

This is a favourite amongst E-sports fans. The gameplay involves both teams fighting in different settings. While a team tries to carry out its own mission, the other team aims to stop them. It is a huge fan-favourite and heavily bet on by crypto E-sports bettors.

What are the Betting markets available in E-sports crypto betting?

Tournament Winner

Many sportsbooks provide bettors with the opportunity of betting on who will win the tournament. When betting on the tournament winners, some factors bettors are to consider include the updates to the games, the form of individual players. Hence to succeed in such markets, E-sports bettors have to consider such factors.

Match Winner

Another type of bet is betting on who will win the match. The same factors considered when betting on the tournament winner should also be considered when betting on the match winner but on a lower level. Compared to the tournament winner, it is less predictable, because even though a team may win the tournament, it could lose an individual match on the way up.

First Map

This is another betting market for E-sports bettors. Sportsbooks permit bettors to wager on who will win in an individual map. In this sort of betting, being knowledgeable about the map pool of the team gives you an edge over others. A good analysis of the team play styles and their approach to the game is also important.

First Kill/First Blood

This involves betting on the team that will make the first kill. This is quite significant as early leads could have long-term impacts on the early-mid game.

Over/Under Bets

Many series in Esports are best of threes, though sometimes best of fives or best of twos occur. Sports bettors are permitted to bet on whether a series will go over/under. Hence, for a certain pay-out, when it’s a best of threes, sports bettors can bet on it going above 2.5 maps. In First Person Shooter games, this is bet as per the number of rounds.

Odd/Even Betting

This is a bet on whether the addition of the scores of both teams will be even or odd. For instance in a Counter-Strike: Global Offensive match, bets can be placed on whether the entire rounds which a team wins will be odd/even.

Most Kills

This involves betting on the team or an individual player who will have the highest kills by the end of the game. This is a good bet since you can gain if you bet rightly, even if the team does not end up winning the game.

Correct Score

In this bet, this involves rightly predicting the scores of the game and earning when you predict correctly.

There are various betting markets also exclusive to certain E-sport competitions and games now that the industry has boomed in recent years. Hence, with the coming of crypto betting into play, even more, markets will be offered by more Bookies in the nearest future.

 

 

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How To Grow Your Wealth With A Secure Bitcoin Wallet?

Bitcoin may be one of the most volatile assets. Last week, Bitcoin fell to $29,000. Just less than two months ago, Bitcoin reached the all-time high of $64,895. The crypto market has rebounded after Elon Musk changed his tune on Bitcoin mining. In his tweets, the Tesla and SpaceX CEO said that he spoke with Bitcoin miners in North America who would commit to promote energy usage transparency and accelerate sustainability initiatives worldwide.

The massive rally of cryptocurrencies has attracted many new investors, many of whom had little experience in dealing with such volatile markets. Driven by FOMO, they entered the market with the hope to grow their wealth, then a devastating bout of volatility hit and they might find their money wiped off.

Such stories happen every day and investing in cryptocurrency is still tricky despite the fact that the crypto market has become more mature. Hodlers suffer less stress as they set their targets in the long term. But they might miss out on opportunities to make profits by trading.

Investing in Bitcoin is not a single-choice question. Many investors diversify their portfolios by allocating money to trend trading and holding. They usually keep certain money in cryptocurrency exchanges and other bitcoin in cold wallets. Transfer between hot wallets and cold wallets could be time-consuming and fee-costing. To improve user experience and bring convenience to investing in bitcoin, cryptocurrency exchange Bexplus now offers interest-bearing wallets to users.

Bexplus BTC Wallet – a Trustworthy Wallet with Up to 21% Interest

Established in 2017 and accredited by MSB (Money Services Business), Bexplus is a leading crypto derivatives trading platform offering 100x leverage futures trading on BTC, ETH, LTC, EOS, XRP, etc.

Features of Bexplus Wallet

Independence: the wallet is independent of the trading account, so the deposits would not be used as margin, nor would it be influenced if your positions got liquidated. Furthermore, the deposits in your wallet will not be “locked up.”

High Security: The platform uses multiple signature access, and all funds transferred from cold storage to hot wallets are manually processed and require multiple staff to coordinate.

No Penalties for Early Withdrawal: withdrawal requests will be processed within 1 day with no penalties for early withdrawal. If you withdraw your deposit on the tenth day of the month, you can still receive the interests generated within this period.

No KYC Requirements: all registrations on Bexplus are done via email verification. You don’t have to worry about getting your information leaked. You can start trading within a few minutes and the transaction between the trading account and wallet is instant.

Follow Bexplus on:

Website: https://www.bexplus.com/
Telegram: https://t.me/bexplusofficial
Apple App Store: https://itunes.apple.com/app/id1442189260?mt=8
Google Play: https://play.google.com/store/apps/details?id=com.lingxi.bexplus

Image by Bastian Riccardi from Pixabay

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