FastToken Blockchain Casino Gambling Games Shares State Channels Codes for Public Viewing
After the platform has been in an active development process for the past six months the company has gone ahead to showcase their casino games that have been blockchain based; all this was done at the ICE London. The ICE London has been considered to be the largest gambling event within the industry, one that has been able to bridge offline and online gaming ecosystems.
The team went ahead to announce what they have regarded to be one of the most groundbreaking news within the blockchain space. And this is the opening of the full access to all the codes that are regarding their current state channels implementation that has been uniquely adapted on the gambling industry.
It has been made to be a little similar to the Lightning Network and the Raiden, but the state channels have also significantly improved several aspects within the system, and they are as follows.
- There is scalability – they have increased the number of transactions that are taking place per second; thus it is able to reach millions potentially.
- Greater speed within the system – the transaction and confirmations with the blockchain technology tends to be time-consuming, averaging to take a couple of minutes, but with this system, it has reduced it to just take a few seconds.
- The issue of high cost – the good news is that there are no gas fees within these channels; thus, there are minimal fees that are paid during the blockchain updates. While all this is happening the transactions within the system, have been made transparent and secure.
It is time to keep your eyes peeled
The Fasttoken is very proud to be the first team that has been able to take the necessary steps to publicize the implementation of their state channels. The team is convinced that with the healthy rivalry that is taking place among the competitors will be beneficial to the growth of the industry, users and the players.
Currently, the market has already had many platforms that are offering the users gambling experience based on the blockchain technology in a very transparent environment. But to date, none of these platforms have been able to unveil the code they have been using in the state channel implementation.
As the company is among the very first initiators of the gaming platform that has been based on the blockchain technology, they feel they are responsible for improving and providing the best gambling experience to their users.