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| Yes | Yes | Yes | No | Yes | Yes | Yes | No |
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The 10 Microgaming Crypto Slots with the highest RTP
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| Bitcoin | Yes | Yes | Yes | Yes | Yes | Yes |
| Dogecoin | Yes | Yes | Yes | |||
| Ethereum | Yes | Yes | Yes | Yes | ||
| BitcoinCash | Yes | Yes | Yes | Yes | ||
| Litecoin | Yes | Yes | Yes | Yes | ||
| IOTA | ||||||
| Monero | Yes | Yes | ||||
| Ripple | Yes | |||||
| OMG | Yes | |||||
| Dash | Yes | Yes |
What you should know about Cryptos and Slots
What is Dogecoin?
The coin with the funny name is created from a previous meme called Doge. From 2020 until 2020 it was the third biggest coin by total supply but as the coin went through early 2020, it got hit by increased fraud.
Currently Dogecoin value sits at approximately $0.003524 USD. Since the required complexity is too high and too many people want to mine Dogecoin, users can not keep their coins or exchange them for fiat. Dogecoin has the lowest value per coin of any coin by a long way, and is sometimes referred to as the “poodle coin” due to a dog’s face.
Litecoin, what’s that?
Litecoin is a cryptocurrency with a total circulating supply of $86.35 USD.
And that’s good because transaction rates slowed to a crawl as Google mined the last block of Litecoin for the month.
A blockchain is basically a record that is updated every 10 minutes of all transactions, just like a public paper ledger.
In a blockchain, one can view the entire history of transactions by peering into an individual block, which contains all the recent transactions that have taken place in the past 10 minutes.
Now, there are two ways to process transactions in a blockchain: one is called a “blockhash,” which is essentially a hash of the transaction you’re about to make.
The other is called a “transaction hashes,” and in the case of Litecoin, a blockchain, it’s the same as the blockhash of the previous block you’ve made transactions in.
But because you can’t look at a transaction hash in the blockchain, you can’t tell what a transaction was about from the way it’s presented to the rest of the network. It’s a lot like reading from a scanned PDF the text of a text, because all the details and photographs have been blurred.
“What are the transaction fees, for instance, and the fees for a transaction? You can’t know those from the transaction hashes. So a lot of these features are obfuscated, and this is sort of a problem with existing digital currency systems.”
If the transactions are not on the blockchain, they’re not of value to anyone.
If the only way to be certain of the blockchain’s integrity is to be able to inspect transactions in detail, then it’s the same as not having a blockchain, Kwabena said.
Litecoin solved this problem by separating the transaction layer from the mining layer.
In the past, to be sure that the blockchain had not been tampered with, miners needed to confirm transactions by “mining” them, where they dedicate a lot of computing power to verifying that the transactions are legitimate. The cost of mining a block increased as the number of transactions in that block increased.
But there are two stages to Litecoin. Next by generating a new block, the network creates a reward. And then until the time limit of the next block is up, it splits the mining incentives.
This means that miners don’t have to validate every transaction. In the case of Litecoin, miners only have to validate blocks that have over 2,000 transactions in them, and the majority of the blocks being validated right now are at less than this threshold, said Charles Hayter, the CEO of CryptoCompare, a service that offers a price-calculation tool for cryptocurrencies, in an email.
“So there is very little need for miners to validate every transaction,” Hayter said. “And that’s the key thing that supports the Litecoin network.”
It’s not entirely clear what would happen to Litecoin if it were to take away mining, the process by which new blocks are formed.
“One of the most common pieces of advice to new users is to put your mining rigs to work,” Hayter said.
That’s not very useful for other users, said Charles Hoskinson, the co-founder of Ethereum, because it’s open source, a cryptocurrency intended to be different from others.