Blockchain in Sports Betting
Wanna enter the Sports betting industry? Are you worried about the transactional data, security and entry charges?
Just relax and lean on to your chair. The amazing features of blockchain technology have reshaped the sports betting industry. It enhances safe and secure transactions as it is an open source decentralized network.
Basically, blockchain offers tremendous features like transparency, fast payouts, speedy transactions, independent in nature, etc. The most effective feature is the player’s account will not be restricted or blocked either personally or professionally due to extreme winnings.
Blockchain is the most prominent technology ruling today’s betting industry. It’s advancement in the sports industry has laid a pavement for its enormous growth in recent times.
To get detailed information, checkout the following Infographic developed by WinBTC.net in Partnership with MrBet.me.uk.
Blockchain & Mobile apps: With the vast competition already in the marketplace, several technologies are coming out to survive in the present market scenarios.
Blockchain, a most popular technology is well aware of many due to its association with cryptocurrency like bitcoin. It’s now used in mobile applications to make transactions safe, secure and speed.
Blockchain is generally used to modify the usage of mobile applications in order to make the app installation procedures simple, easy and eliminates all kinds of unwanted stuff. It has a greater ability to reshape the mobile industry with its outstanding features.
Blockchain in mobile apps ensures tremendous growth in the coming days . Checkout the following infographic on – Blockchain in mobile Application Market, developed by winbtc.net in partnership with AC Market.
By Abishai James from WinBTC.net
Bitcoin halving is often referred to as “Halvening”, it’s a formulated reduction in the reward coins offered to the miners using a predefined blockchain algorithm.
Bitcoin halvings take place once in every four – 4 years approximately, or for every 210,000 block transactions.
The process of halvening started in the year 2012, approximately after 4 years of the invention of bitcoin i.e 2008, but practically bitcoins came into play in the year 2009.
After the first bitcoin halving, the block reward of 50 bitcoins per transaction were reduced to 25 bitcoins per block or transaction, later this reward was further reduced to 12.5 and it has now fallen to 6.25 after halvening in 2020.
The main idea of halvening is to create scarcity for the coins and to control inflation, as bitcoins issuance is limited to 21 million coins as per the idea of Satoshi Nakamoto, inventor of Bitcoin.
The production of 21 million bitcoins involves 32 halvenings, we are now done with two halvenings and this might continue till or come to an end in the year 2140.
Investors from all over the world are excited and waiting for the Bitcoin price to increase, and the demand for bitcoins in the online gambling industry is high. Bitcoins are widely accepted at Bitcoin Casinos as they collect deposits in the form of cryptocurrency from their players.
To know the overview of Bitcoin Halving (Just in minutes), check out the following infographic developed by Abishai James at WinBTC.net in partnership with ACMarket.
Abishai James is a Bitcoin investor and trader, operating at WinBTC.net.
He can be reached at email@example.com.
I dedicate my life to science, technology, music and to bringing people together. And I do it my way.