Bitcoin is the original unit of cryptocurrency, and remains the most popular today. Cryptocurrency refers to digital assets that are assigned monetary value and used for financial transactions. To put it most simply, it’s a digital form of money that has no physical representation in either paper money or coin mint.
Bitcoins have become so popular since their invention in 2008 that they have skyrocketed in value and are now used for everything from business transactions to online exchanges.
There are even online services that only accept bitcoin and no other forms of payment. One such website is Bitcoin Casino, an online gambling website that transacts all of their games and payouts solely in bitcoins.
What Is Bitcoin Casino?
The creators of Bitcoin Casino enjoy games and online entertainment, and want their visitors to enjoy themselves every time the log in to play. They offer specialized, hand selected games, ensure high security pay outs, and strive for the best customer service.
Bitcoin Casino Promises
All of the games on the Bitcoin Casino website are tested and handpicked. The testers check thoroughly to ensure the best graphics and sounds effects are included and the games are compelling.
Bitcoin Casino uses only bitcoin for all of their transactions. This ensures incredible speed, and most payouts are delivered instantly. Even in the case of a huge windfall, payouts still usually take no longer than 15 minutes.
Excellent Customer Service
Bitcoin Casino promises timely customer service in the event that there are any problems using the site. You can send in an email to support or even access their live chat support for faster response times.
Bitcoin Casino Affiliates
If you have fun playing in the Bitcoin Casino, you can make even more bitcoins to play with by sharing the website with your friends. Bitcoin Casino has an affiliate program which promises excellent payouts for those who refer others to the site.
Every time you refer a new user to Bitcoin Casino and they start playing, you can earn a percentage of every token that they buy. You will earn commissions up front when they originally join and keep earning more based on how long they stick around and keep playing.
Bitcoin Casino has a pretty high payout structure, starting at 25% for players who buy 5 BTC or less and going as high as 45% for those who purchase more than 20 BTC in value.
Bitcoin Casino Games
Bitcoin Casino is a pretty interesting concept, but an awesome idea like this one is only as good as the games it has to offer. Bitcoin Casino proudly offer over 650 games to choose from, and every single one is handpicked for playability and fun. Here are just a few of their top selections:
The Tipsy Tourist
This is a beach theme slot game in which players can compete in ocean side drinking contests and soak up a tropical environment. Players can enjoy this 5 reel, 20 line slot game with fun perks like free spins and instant plays, and bonus rounds the keep things interesting.
Fa Fa Twins
Created by Bestsoft Gamin, this is another slot game with its own interesting themes. This gamely is strongly inspired by multiple Asian cultures, which can be clearly seen by its strongly red and gold color theme. This game has over 243 winning combinations, and its main unique feature is a dual reel mechanism.
Every time you spin, no less than 2 of the reels will be completely identical, and you could see this happening on up to 5 reels at once. This gives some seriously awesome possibilities to win big.
There is also a feature called double up, which allows players an opportunity to bet either half or all or their winnings in order to double a potential line win. With these two features combines, a player could potentially win 1,215,000 tokens in a single spin.
Multi-hand Blackjack Pro
Multi-hand Blackjack Pro is the perfect game for enthusiasts who have a mind that never stays still. This game allows you to play multiple hands of Blackjack at once, one right after the other.
The objective is the same as any Blackjack game, which is the gather cards which total up as close as possible to the number 21 without going over. If you’re someone who likes a game that has no downtime, this is a good place to start.
Making Sure Games Are “Provably Fair”
One of the best things about Bitcoin Casino that is certainly not true of most other types of online gambling websites is their strict adhesion to the concept of remaining provably fair.
This is a concept that requires each game to be strictly tracked and managed in such a way that there is no doubt of its randomness and no possibility that it was tampered with in order to earn the casino more income.
This also requires that all of the information is openly available so that users can check behind and see exactly how each outcome was reached, a concept you certainly won’t find available in regular casinos.
This openness is allowing users to see the code behind every game is available in the true spirit of bitcoin technology, and it is very reminiscent of the transparent nature of bitcoins.
How Is Provability…Proven?
Making sure that provability is available for all users requires state-of-the art technology that is pretty complicated to run and maintain, but the actual concept of how it works is a simple one.
In most cases, a random number generator does most of the work. It’s not just any old random number generator, though. This particular RNG is certified by a third-party organization to ensure that it is fair and accurate.
Once the RNG has selected a number, it is also hashed using a secret number that is generated by an algorithm. Hash functions are used very commonly in data driven industries, and you’ll probably recognize them from their usage in the bitcoin blockchain.
Hashing is used in cryptography, DNA, and a ton of other areas to make use of data in specific ways. It seems like a new cutting-edge bit of tech, but hashing has actually been around since the 1950s.
The combination of these randomly generated numbers and secret number which are hashed together are called the fingerprint. Just like your own fingerprint, it is completely unique. Once a fingerprint like this has been created, there will never be another one just like it.
To add yet another layer to this, players can also select a seed, which is represented as a number between 0 and 9. This seed just adds one more layer of security to the generated number. All 3 of these functions happen instantly at the same time, and the player doesn’t even notice a delay. All they see is an instant determination of a win or a loss.
Bitcoin Casino Summary
Most bitcoin users know that they can view the blockchain of a given bitcoin address at any time publicly. You may be surprised to know that it is just as easy to view all of the behind the scenes factors that contributed to the results of any game on Bitcoin Casino.
You’ll be able to view the random number that was generated and the secret number attached to it, which creates the fingerprint. You’ll also be able to see the seed that was selected and the final results.