Bitcoin is gaining ground in the casino community as it shields any casino operator from stress coming from annoying regulations. Bitcoin casino also gives players the luxury of depositing (or withdrawing) with crypto currency like Bitcoin and a host of others. Since Bitcoin save Bitcoin casino operators the bother of worrying about regulations that will be required, in the past, for traditional casino operators, several websites with aim to strip off hard earned crypto currency from players have sprung up like weeds. It is now more dangerous than ever as identifying the real ones from the non-genuine ones seem like embarking on a marathon race. In this post, we will be reviewing the best four bitcoin casinos for South African players.
Before we do so, let’s take a look at the legalization of bitcoin in South Africa.
Legalization of Bitcoin Casino in South Africa
I am pretty sure that the first question that pops into the head of any South African is if Bitcoin casino is legal. It should be noted that playing in a bitcoin casino is not strictly legal, but it is not also strictly illegal because the South African authorities have never prosecuted anyone for playing in a bitcoin casino. However, the authorities scowl at banks and similar financial organizations that allows their customer fund their online casino account. This story of having trouble is killed, forever, when using bitcoins.
Let’s move on to the point of writing this article. The list of best bitcoin casinos are:
Bitstarz
Established 2014. Bitstarz has taken over the casino business by storm. Online gamblers have dropped lots of positive reviews for it, and there is no way to confirm this than to give the website a try. Bitstarz when it comes to giving out bonus gives out bonuses more than any bitcoin casino. They offer 30 free spins without deposit, and a whopping 6 BTC plus 210 free spin as a welcome package. They also gift a bonus of 100% when players make their first deposit. Bitstarz offers lots of varieties of games from top software providers like NetEnt, Microgaming, Isoftbet, Betsoft, Endorphina, and others. Bitstarz has more than games for any player to make a choice. These games can be easily accessed. Bitstarz casino supports a number of deposit and withdrawal options for players to pick. Bitstarz casino is linsed under the jurisdiction of the Curacao. The Curacao board safeguards the interests of players by making sure casino operators conduct themselves well. Unlike other bitcoin casinos, Bitstarz superb customer care can be reached via telephone. And can be reached via email, or live chat. FAQ (Frequently Asked Questions) is available on their website.
Orca88
Founded in 2018, Orca88 is one of the best bitcoin casino that accepts South African players. They operate with a worldwide recognized license. Orca88 casino is built for players who are passionate about playing in online casinos. They have a high withdrawal limit so a player will find it effortless to withdraw their earnings. Orca88 is hungry to develop and live up to the expectation of their players, thus they have a friendly customer service that is willing to resolve, or consider suggestions. Their customer can be reached via social media, email or live chat on their website. Players can always query how they feel and get replied in a little while. Orca88 website is designed with an eye for beauty that will catch the attention of any player. The website is laid out for a lame man to understand, and it can be easily navigated. Orca88 has interesting games on their shelf. Orca88 provides smooth transaction for their players.
Fortunejack
Established in 2013 by a group of gambling professionals with over twenty years of experience, Fortunejack Casino offers exciting services tht makes them outstanding. They offer 8 different crypto currencies, including Bitcoin, and three thousand plus games that will leave players thirsty for more. They also offer binary trading and financials. Due to the wide ranges of services they perform, they are speedily becoming one of the most popular Bitcoin casino. Their varieties of games make it difficult to easily select your preference. However, the possibility for any player to find the right game and win is out of this world. Fortunejack website is eye pleasing and smooth. Fortunejack gifts new players a 100% welcome bonus on their first deposit, up to 1 BTC. They also offer a loyalty program for their players. This program works only through coin wagering. Every time that a player wages coins, they earn a loyalty point. Once a player accumulates one hundred loyalty point, they can be converted into bitcoins and can be withdrawn instantly with no hidden charge or terms. Once a player earns them, they can withdraw them. They have an amazing support that can be accessed via live chat or email. Fortunejack is engineered by the best software providers like Betsoft, Endorphina, Game art and lots more!
mBit
Established in 2014, mBit is experienced when it comes to cryptocurrency. They have a large collection of over one thousand games that will captivate any player. From October 2019, mBit started gifting Bitcoin Casino Kings players first deposit bonus of 150%. There are different kinds of bonuses that is offered by mBit. They offer verified players free fifty spins with no deposit. Over the years, mBit have evolved to be a solid platform in the online casino business. mBit is licensed and regulated by Curacao. Their well-designed website attracts new players. They are always thinking out new ways to improve. mBit Gaming is provided by top software providers like Betsoft Gaming, Endorphina, Isoftbet, Netent, Evolution Gaming, GameArt, and lots more. mBit introduced a unique feature termed VIP program that cannot be found on any other bitcoin online casino. This VIP program rewards regular players with good bonuses. The more a player collect VIP loyalty points, the higher the player’s VIP level rises. mBit has an amazing customer care. They can be contacted via social media, live chat or email—depending on what is convenient to the players.
Onehash casino is a provably fair casino with four types of game, namely dice, slot, mutual betting, and options betting. They offer an initial 100% deposit bonus of up to 1 BTC.
Overview of the best crypto slot casinos for players from South Africa
| Slot Developers | Cryptocurrencies | Live Dealer | ||
|---|---|---|---|---|
 | Netent, Microgaming, Playtech, Playn Go, Yggdrasil, Betsoft, Big Time Gaming, Pragmatic Play, iSoftBet, Blueprint, Thunderkick, Quickspin | Bitcoin, Dogecoin, Ether, BitcoinCash, Litecoin | Yes | |
 | Netent, Microgaming, PlayN Go, Yggdrasil, Betsoft, Pragmatic Play, iSoftBet, Quickspin, Elk Studios | Bitcoin, Dogecoin, Ether, BitcoinCash, Litecoin, Monero, Dash | Yes | |
 | Microgaming, PlayN Go, Betsoft | Bitcoin, BitcoinCash | Yes | |
 | Netent, Microgaming, PlayN Go, Yggdrasil, Betsoft, Pragmatic Play, Blueprint, Quickspin | Bitcoin, Ether, Litecoin | Yes | |
 | PlayN Go, Yggdrasil, betsoft, Red Tiger Gaming, Pragmatic Play, iSoftBet | Bitcoin, Dogecoin, Ether, BitcoinCash | Yes | |
 | proprietary | Bitcoin, Dogecoin, Ether, BitcoinCash, Litecoin, Ripple, Dash | No | |
 | Microgaming, PlayN Go, Yggdrasil, Betsoft, Gamomat, Big Tim Gaming, Red Tiger Gaming, Pragmatic Play, iSoftbet, Thunderkick, Quickspin, Elk Studios | Bitcoin, Dogecoin, Ether, BitcoinCash, Litecoin, Monero, OMG, Ripple, Dash | Yes | |
 | proprietary | Bitcoin | No | |
 | Betsoft, Pragmatic Play, Quickspin | Bitcoin, Ether, BitcoinCash, IOTA, Litecoin, Monero, Ripple, Dash | Yes | |
 | Netent, Microgaming, Playtech, Betsoft | Bitcoin | No |
Things to consider about the largest cryptos
What are cryptocurrencies? The technology underpinning these new financial instruments was developed in 2008 by an anonymous software developer (or group of developers) under the pseudonym Satoshi Nakamoto. Initially, it was merely an experiment but bitcoin – the first digital currency – was launched in 2009 and eventually became the largest of all digital currencies in the world. Others include Etherium, Litecoin and Dogecoin.
The team behind the currency has recently run through a number of iterations before settling on a Dogecoin of its own. The currency started in 2013 and was launched with a picture of a Shiba Inu dog with the caption: “Doge is wonderful, and so is dogecoin.” The system proved popular and thousands of transactions have been made since. The name comes from a popular internet meme which features pictures of the dog, accompanied with a caption or captioned video and audio.
Voting power for each unit of the currency is given to the group which owns it. These groups consist of miners, those who own it and also “users” who use it to pay for goods and services. Miners operate a huge computer network around the globe – computers are paid to solve the complex mathematical algorithms needed to create coins.
How do they work?
Cryptocurrencies use blockchain, which is an immutable public ledger that logs all transactions made in the cryptocurrency. This means that even if some of the computers that are part of the network are hacked, the transaction is not modified and the transaction is permanent and irrevocable.
Blockchain is an open, distributed and secure digital ledger – a type of database – that records transactions between two parties efficiently and in a verifiable and permanent way. Each block contains a chronological record of transactions.
Each transaction is linked to a particular cryptocurrency and records the details of when, where and to whom a cryptocurrency was transferred, the digital address of the receiver, the transaction amount and the total number of cryptocurrency units sent in the transaction.
All the transactions are publicly visible and accessible to all the network users, but only the users that belong to a specific cryptocurrency network are allowed to view, verify and add new records in the blockchain.
Since every cryptocurrency has its own unique code, a cryptocurrency unit or a bitcoin is the same whether it’s transferred using bitcoin or any other cryptocurrency.
In general, the more cryptocurrency units are transferred from one user to another, the more expensive the transaction is.
In 2017, the value of Bitcoin rose from about $1,000 to $20,000. It is still at about $17,000 (in November 2020). Bitcoin is an example of the extreme case of the great fluctuations in the prices of cryptocurrencies, but this is not the only volatile market. The case of ripple for example, which is an incredibly volatile currency, has surged in value from less than $0.1 to more than $2 in just a few weeks.
The future of cryptocurrency
The technology underpinning cryptocurrencies is clearly revolutionary. It has already disrupted many established markets, including finance, real estate, auctions, ticketing, online gambling and records management. More and more businesses are now paying attention to it and adopting it to achieve scalability, transparency and a cheaper payment processing.
At this point, many cryptocurrencies are competing in an unregulated and Wild West-like environment. Most of them are completely unregulated, and most are not backed by any sort of physical asset. There is not even one government or even one group that regulates cryptocurrencies.
As Bitcoin continues to proliferate, the technology and the underlying blockchain is still largely immature. This is a significant issue that needs to be addressed before we see Bitcoin and other cryptocurrencies regulated as money.
The legal status of Bitcoin is still a controversial issue. It is often accepted that cryptocurrency is a private currency, which means it is outside the purview of Central Banks.
But there are a number of issues with this interpretation. For instance, while cryptocurrencies are not formally regulated, they have been accepted by a number of regulators.
What is Bitcoin?
Bitcoin is a type of electronic currency based on the principles of open-source software and peer-to-peer technology.
Bitcoin is a digital currency (or blockchain) and distributed ledger technology; a digital ledger is a computer file or database that is in possession of every miner. By recording each transaction on this data ledger, miners are able to confirm the previous blocks. By doing so, the miners are able to add data to the block chain to make it easier to search for previously unrecorded transactions.
Bitcoin transactions are stored on a network of computers around the world, and the network’s records are permanently archived and available for reference to anyone with a browser.
This gives Bitcoin users – and all Bitcoin users – complete transparency.
What is a blockchain?
A blockchain is a public record of Bitcoin transactions, providing a more reliable record than can be obtained from traditional banks or trusted third-party agencies.
How does Mining work?
Bitcoin mining is basically mining with computers. This involves sending transactions to other computers that are communicating with each other and solving a problem in the system called a cryptographic hash. When a miner solves the hash, it’s recording these transactions and the hash, which acts as a kind of fingerprint or stamp on the history of the chain.
If you can link the hashes, you have a solution to the problem in question.
So when a miner solves the hash for Bitcoin, it confirms what everyone else already knows: the miners solve the hash and come up with a solution, because no other method of solving the hash (known as a fork or fork-split) could come close to the correct solution. So in this sense, the miner is using a public ledger to prove the consensus of all the other miners around the world.
It’s important to understand the mining process because it is an important part of the Bitcoin protocol. So what does this all mean? Well, mining in Bitcoin is not like running a computer on a regular basis. In a regular computer system, you put in bits of data and the bits are submitted for computation.
When you run a regular computer system, however, the pieces of data you put in there are far more complex and varied than the pieces of data you put into a hash, the solution to the hash.
The reason why it takes so long to come up with a solution to the hash, or a bitcoin block, is that the computer is actually mining these bits.
You see, if you were to take a computer to process these bits in just a couple of minutes, it would take years to do it.
But with a bitcoin miner, the work is actually being done on your computer.
When you generate a bitcoin block, it’s essentially working on a computer. That means it has to figure out how many of the other miners’ inputs (in this case, Satoshi’s address) do you need to match up with your own inputs. This process is called hashing, and the miners are doing it by putting lots of input data into a block.
If the miner sees this input data that matches this block (the hash), it knows that the block contains a solution and adds it to the final version of the block.
So what does it take to add a solution to a block?
Simply put, it takes billions and billions of computers doing billions of computations. A typical miner is a single chip with 3,000 or so GPUs working on it in near-continuous bursts of processing power.
In fact, mining is so efficient that a miner can do it thousands of times faster than the speed of light.
The main purpose of mining is to create the bitcoin blocks that become part of the history of the bitcoin chain, which is the actual record of the transactions in bitcoin.
What is a Blockchain?
A blockchain is a digital ledger that is publicly accessible on the internet. A blockchain is an immutable record of all transactions. Each block is a new part of the blockchain that was added to the ledger in that block’s history. The blockchain is a record of every transaction, not just those that happen in a particular block. To read a blockchain block, simply click on the transaction you wish to read and follow its associated link. The transactions you will read in the block will be automatically updated at that same point in the future.
Each block contains the complete history of a particular transaction. When a block is added to the blockchain, other blocks pop up next to the blocks you just read. Each new block of the blockchain contains, for every previous block, a hash of the previous block and its hash of the latest block. As more blocks are added to the blockchain, the hash of each block becomes increasingly smaller and smaller. Eventually, the chain becomes so short that only the most recently added block is preserved on the chain. This is the original blockchain.
What is Ethereum?
Ethereum is a set of open-source software development software and computing platforms that support Ethereum applications. Ethereum is essentially a version of the web browser: it allows anyone to build dApps.
What are its merits and disadvantages?
The best feature of Ethereum is that it is completely decentralized, which means that no one or few individuals controls it or has access to the private keys. Not only does it provide anonymity and speed, it also enables a dynamic and easy way of modifying, verifying, and extending any kind of smart contract.
How does it work?
It is as simple as connecting computers and smart contracts.
It is as simple as connecting computers and smart contracts. How is it created? It can be created in any number of ways.
It can be created in any number of ways. How is it used? Anonymity is a major advantage of Ethereum. Users can pay their bills, invest, or operate anything that does not involve human interaction.
Anonymity is a major advantage of Ethereum. Users can pay their bills, invest, or operate anything that does not involve human interaction. Why is it important? It is not just used for building applications and launching businesses, but also for collecting pay and salary.
When was it first created?
October 30th 2013 and the introduction of the ether token
It was originally created to store and process transactions in the cryptocurrency, as well as to facilitate the creation of smart contracts.
The first version was intended to be only a database, storing the registries of unspent ether. This was done to allow the network to function as a decentralized digital currency. In 2014, Ethereum was released as a protocol for the web. After about 4 months, however, more people wanted to use it to run applications. This created the Ethereum Virtual Machine. Over time, developers have created the application platform to run all kinds of applications, from decentralized online gaming to decentralized trading platforms.
The focus is on proof of work
What makes Ethereum different from other blockchains is that it tries to develop a new type of block of work, called the Ethereum Virtual Machine. It has just one goal: to solve problems, to streamline transactions and eliminate transaction fees. To accomplish this, it has created its own cryptocurrency, which also known as Ether. This technology is created through an artificial intelligence algorithm, which asks specific questions. To do this, it is led by another algorithm, which is also known as the Turing complete Turing Machine (TCMT). The first step is to send a message to the TCTM, which asks the following questions:
Where does the message get its message
Why do we need this message?
What does the message say?
What is the message signed?
What are the signatures?
What is the effect of the message?
When a user answers yes to these questions, the TCTM creates a new block of work. It is validated and sent to a special server on the network, which is located on a separate blockchain. The operation of this server is structured in a way similar to a ticket, and is called proof-of-work. This is done by continuously playing games that put time and effort into solving a game-like puzzle.
Proof-of-work can help drive network load
If the computational energy required to create new blocks of work is a lot higher than the computational power needed to solve a puzzle, the effort required to solve the puzzle can be reduced. However, for complex puzzles, adding computational power is also a difficult business. Consequently, it becomes important to design the puzzle in a way that produces more computational energy than an individual user can generate. This is how other blockchains are designed.
Of course, the amount of work required to complete the puzzle can also be reduced. This is why proof-of-work is also used in mining. This technique exploits the fact that the amount of work required to create a new block of work is very highly correlated with the difficulty of the puzzle. You can see this in the graph above. This means that the more tasks that the network has to perform, the more power it needs to power a new block of work.
In order to create a new block of work, the network needs to have enough computational power to solve the puzzle and answer yes to the questions mentioned above. Thus, the network can’t have sufficient computational power without a big mining operation. As a result, blocks that involve more than 50% of the network’s total compute power are rejected by miners, and so forth. This keeps the total network computational power low, which, in turn, helps to drive down the network load.
Building on the Ethereum Virtual Machine
There are some similarities in the technology between Ethereum and the bitcoin protocol. One of the main features of the ethereum-based virtual machine is that the same algorithms can be used for solving any open source programming problem, while the Turing complete algorithm is used only for solving Turing complete problems.
Basically, the algorithms of the ethereum virtual machine can be used to solve any open source programming problem that fits a certain criterion. For example, a blockchain-based smart contract that allows individuals to create and distribute independent contracts or democratic governance of an open source project.
The similarities to Bitcoin
As mentioned previously, Ethereum is doing quite well in terms of its overall adoption. Additionally, it is also launching a new token, ERC-20, called 1 Ether. However, for this token to gain market-ability, it has to be able to provide a greater level of stability than Bitcoin.
In other words, if things don’t go well, we could see either either bitcoin being taken over or the standardization of some blockchain-based project. Such attacks on the existing system may represent a great threat for Bitcoin’s future, and so people are on the lookout for ways to defend the existing system. There are a couple of ways to approach this.
Ethereum IOT The blockchain-based ethereum-based electronic payment system was launched in November 2014. You can learn more about it here.
There are a number of ethereum IOT (Internet of Things) projects already in development, and developers are starting to focus on a new security problem: smart contracts. These are usually referred to as smart contracts because of their ability to operate with smart contracts written in some programming language.
The former solution (which is one of the most used solutions for securing decentralized applications) is to use cryptography to run these smart contracts. In this case, the only parties involved are the programmers who are writing the smart contract. Those programmers are incentivized to write smart contracts, and they get to run them anonymously if they fail to comply with some kind of security restriction.
Once there are a substantial number of smart contracts running, they become harder to break. That is because they are open source code, and every party to a smart contract has access to their private key. Therefore, if you manage to discover the private key of a smart contract, you can rewrite it or change its terms or completely destroy it. Such attacks are known as sybil attacks, and they are not as easy to detect as they might seem. One possible solution to the problem is for developers to provide APIs to other developers that allows them to maintain and run their smart contracts. This may be done in a centralized way, but in that case the developers of the APIs would have a specific role to play.
On the other hand, a team of Ethereum developers could launch their own blockchain platform with separate APIs for developers to build on. This way, they can provide their clients with their own private key, which they can check to see if they have successfully mined a block. After verifying that it indeed mined a block, they would receive payment for their effort. This is called Proof of Work.
Both of these solutions have downsides, though, because the centralized application keeps track of who submitted which work. This is necessary because they do not want to let anyone use the infrastructure without submitting work. However, this also leaves their clients vulnerable to Sybil attacks, because there is no way for clients to verify their own work. Once they get the payment, they will have a reason to keep their tokens.
What is Litecoin?
The industry-leading, open source software that powers the Bitcoin network functions quite similarly. Litecoin uses its own open source software for proof-of-work and for recording transactions, known as the Merkle Patricia Diagram, as opposed to the Bitcoin blockchain, which has the function of recording transactions but is designed by programmers for mining. Bitcoin is a public blockchain, which means that anyone with a computer can view and verify the chain of transactions made by the network. The transaction history of Litecoin is not visible on the chain of transactions recorded on the Bitcoin blockchain, because it is stored on the shared ledger known as the blockchain.
The beauty of the system, however, is that there is no central repository where all of the coins are kept. Instead, each Litecoin transaction is recorded and verified by a distinct group of people, so that no single entity has access to more than a fraction of the coins of any particular address. The same can be said of the digital currency, which functions similarly to a cryptocurrency in that it operates similarly to a currency but is not issued or backed by any central government or financial institution.
Instead, its value is determined by its value as a store of value. Another similarity between Litecoin and Bitcoin is that they are both open source, meaning that they operate under a software development model similar to that of open source software developed by free and open-source software projects such as the Linux kernel. A coin is simply a piece of software that operates in a similar manner to that of an operating system, but in this case instead of being run by computers, they are controlled by a single person or organization and used to transact online.
In many ways, Litecoin functions like Bitcoin, and the cryptocurrency is often referred to as the second or third largest cryptocurrency by market capitalization.
What can Litecoin be used for?
The majority of cryptocurrency owners will probably think of Litecoin as being used for trading purposes. Although it was designed as a digital currency, its sheer volume of transactions means that it is possible to create a substantial sum of Litecoin quite quickly. As with many currencies, acquiring coins is relatively simple as their value increases in value. For example, if you wanted to purchase an iPhone 6, the maximum amount of Litecoin you could purchase was 325,880 Litecoins. Litecoin is traded in an open market, and sellers and buyers must either have digital wallets or be willing to buy cryptocurrency on the open market. Since each cryptocurrency has its own perceived value, it can be difficult to quantify exactly what the difference is between each currency and how much a currency is worth. At its most basic, buying and selling is as simple as sending coins to an exchange and having them displayed on a Litecoin exchange with a merchant bank account. This is just one application of the virtual currency, however.
Issuing and transferring digital assets Another advantage of Litecoin compared to other cryptocurrencies is that its technical design makes it very difficult for anybody to reverse a transaction that has taken place. This is because the blockchain records every transaction that takes place on the network, making it impossible for any party to produce or duplicate any of the transactions. When a user sends money to another, there is a unique digital address associated with that transaction. When the sender and receiver exchange assets, both parties create new addresses and a new digital asset is created. The same can be done with most purchases of digital assets, and an exchange of currency.
How to get Litecoin?
There are many ways to get Litecoin, and if you want to, you can simply mine it. However, with the number of ways Litecoin can be mined there is a good chance that one of these methods will never work out. In the end, it depends on your own personal situation. Did you study economics at school? Are you passionate about cryptocurrencies? Have you been an active trader in the cryptocurrency industry? This is something that should help determine your likelihood of succeeding with your investment in Litecoin. What is Litecoin used for? Litecoin is often referred to as the silver to Bitcoins gold. The coin is usually used as a payment network, with its own cryptocurrency, the LTC-USD. Due to this, it is often referred to as a silver to the Bitcoins white. Litecoin is often referred to as the silver to the Bitcoins gold.
FAQ about Dash
How does Dash work?
Dash is a cryptocurrency. It uses the Proof of Work algorithm to function. This is done so that it can solve a cryptographic puzzle called the Masternodes. It then votes on different proposals, which it adds to the block chain. The block chain is the self-governing and self-funding unit of the network.
What makes Dash unique?
Dash has two major benefits over other cryptocurrencies. The first one is that it has added a reputation system. In the crypto space, this is done in the form of the Masternodes. This means that the network can check whether certain nodes hold a sufficient amount of Dash coin to be eligible to be a member. There is no need for miners to take part in this system. This also means that holders of a sufficient amount of Dash coin, when they choose to spend it, is able to achieve the goal of that cryptocurrency on the network. The second benefit is that it has a self-funding unit called the “Proof of Stake” algorithm. This ensures that the network continues to operate smoothly. This was important for Dash, as the network did not run into technical issues or performance issues as in the case of Bitcoin’s network. It makes it a much more sustainable solution for the future.
The Factom system is the final, but only part of Dash’s proof of work system. With the “FC” in the name of Dash, the core of the project, the transaction system is said to run on top of this FC” system. This means that it operates entirely on top of the blockchain and can keep on functioning even after the last block has been mined and the unit is pegged to the US Dollar.
The difference between Dash and Bitcoin is that Dash transactions are private and private only for the people who send them. This means you cannot track the transactions which makes Dash cryptocurrency as secure as Bitcoin cryptocurrency. Therefore it is ideal as a secure method for exchanging value.
Since it uses peer-to-peer technology it provides better network security than Bitcoin and is possible to run an autonomous node to validate transactions and validate the trail of the transaction as opposed to the blockchain which is full of problems such as time lag, double spending, and people who buy large quantities of Dash currency trying to reverse transactions for private gain.
Dashcoin
As it is cryptocurrency you can mine or mine on a pool with other people who have purchased large quantities of Dashcoin. There are large pools where you can get free Dashcoin for your effort.
There is a player called freenet where you can mine cryptocurrencies for free.
Receiving Dash coin
The best way to get Dash coin is to get it by sending it to a Dash address. It is possible to send your Dash coin by sending a public address to someone else as their address is public. However, it is not possible to send your Dash coin to a small address such as 0.0001 because this is a transaction which cannot be confirmed because the miners have rejected it.
The advantages of Dash is that it offers higher transaction fees compared to Bitcoin. Moreover, Dash offers a private transactions as compared to Bitcoin. Dash cryptocurrency can be used to purchase other digital assets, like DASH cryptocurrency.
It is one of the few cryptocurrencies that is accessible to everyone, meaning you can even purchase Dash cryptocurrency with bank transfers, if you have access to such a service.
What are the advantages of using Dash?
Dash cryptocurrency is also deflationary. This means that in order to spend Dash cryptocurrency, you will have to pay a certain amount of DASH cryptocurrency.
However, in the future, the price of Dash cryptocurrency will increase, as it is a result of a process called ‘burn-side effect’. The Dash cryptocurrency becomes less and less valuable as the time goes by, and as a result, people sell or spend Dash cryptocurrency to acquire more to spend.
Because of this, people sometimes hoard Dash cryptocurrency, as their real value is concealed and hidden. Therefore, it is wise to keep a small amount of Dash cryptocurrency on hand, as they will require less searching and searching for it.
Staking technology
The Dash cryptocurrency has something called Dash staking, which is a technology that enables Dash cryptocurrency holders to validate the transactions carried out on the network.
It is one of the features of Dash that enables users to send and receive transactions anonymously. These features, together with an authenticated proof of work consensus algorithm, make the use of Dash cryptocurrency economically efficient. RandomRedditor
Because it has an improved proof of work consensus algorithm than Bitcoin, Dash cryptocurrency provides a significant speed increase over Bitcoin. This increased speed is because the Dash network uses a hybrid proof of work-proof of stake algorithm.
How to buy Dash
The Dash cryptocurrency can be bought from a number of exchanges. Most exchanges accept multiple cryptocurrencies, but for the most part only Dash is accepted. These exchanges include Binance, COBINHASH, Kraken, the web browser, the virtual wallet service (VATS) or send Dash to (customers).
Also watch out for stores that accept Credit Cards.
Dash is a cryptocurrency that was launched in 2014 as a fork of Litecoin, but has since undergone numerous changes, most notably with a hard fork in August 2017. This change was made to accommodate the growing demand for Dash, but was previously planned to happen in 2017.
Online Slots FAQ
While online casino slot games will always be a lot easier to understand, a lot of other games that are not just about gambling are also available on online casinos. However, these games are not for the casual gambler and, most of the time, they do not have a much of the “fun factor”.
Therefore, it is important to know what these games are before you decide to play them.
A simplified guide
If you are not used to the idea of online casino slots games, they might seem like the very same game that you find in your local casino. Nevertheless, they are completely different games. Most of these casino games are characterized by a similar formula with two options.
Play and Win: This is how you play in most of the online casinos where you will face a sequence of symbols. The way you play them can differ from one online casino game to the next. Some online casinos have a more difficult way to play and, therefore, you will have to invest more money in order to win. On the other hand, other online casinos use a much more intuitive way in which you will have to play.
For example, you will play a sequence of symbols and the symbols will always appear in a 3×2 matrix. These symbols always appear in the same order. Each symbol has different characteristics and properties. If you win, you will win money and your reward will not be taken from your account immediately, but over a period of time.
Shuffle and Win: On the other hand, you will play a sequence of symbols that appear as a series of dots. These symbols can vary from the same arrangement but they will always come in the same sequence. If you want to win, you will have to match the patterns in the dots and the pattern in the symbols. At the end of the sequence, you will get the prize.
There are many online casinos that have just Shuffle and Win games, however, some will allow you to play the other versions.
Hot & Cold
A few online casinos even offer a separate slot game where the game is called “Hot and Cold”. In this type of game, you will have to play a sequence of symbols on the screen. Each time you lose, you will have to perform a simple mathematical calculation in order to complete your game.
Hot and Cold games are very similar to the ones you find in your local casino, where you will always see a new pair of symbols appearing on the screen.
Trick-Or-Treat
There is also another special slot game called Trick-or-Treat. In this particular type of slot game, the symbols will always appear in a 3×3 matrix, where every “panel” has a different function. The pattern in the symbols is pretty much the same as in the Hot and Cold games, however, this slot machine game is completely different because you will always have to “follow the yellow brick road”. You will win money if you match the correct sequence of the symbols.