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Are Tron and EOS actually killing Ethereum at last?

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Ethereum has risen by a bit more than 3% over the last 24 hours (again), and it trades at USD 167 and remains the world’s second largest cryptocurrency in market capitalization. But a couple of good days can’t override the big picture regarding Ethereum (of course, it’s up because the whole market is in green). Analysts point out that the project founded (and still led) by Vitalik Buterin is losing (has already lost) a lot of momentum.

Bloomberg published a report recently showing that both Tron and EOS are more popular options than Ethereum regarding users and developers. So Ethereum’s market share is, at last, between a rock and a hard place.

Ethereum has competition now (for some time already)

When Mr. Buterin created and launched Ethereum, back in 2015, it was hailed as crypto’s new “game changer.” It wasn’t just a cryptocurrency like Bitcoin, but also a programmable platform that brought to the world, for the first time, blockchain-based smart contracts and decentralized applications. So it was regarded as superior to Bitcoin some ways, and it just rocketed upwards for two years.

But it seems those days are gone. Bloomberg’s report shows that the once revolutionary network’s piece of the pie is getting smaller as time goes by. The report attributed Ethereum’s meteoric rise to the lack of competition it enjoyed for those two years. Most other blockchains were just cryptocurrency networks without technological advances similar to those offered by Ethereum. So as long as it was the only game in town, Ethereum did great.

But times are changing, and new blockchain projects are appearing. Third-generation blockchain projects as opposed as Ethereum’s second-generation. Such new blockchains are challenging Ethereum’s dominance and are creating, at last, the competition needed by this market. Multicoin Capital Management’s Kyle Samani puts it like this:

“The simple reality is that until the last six-to-nine months, there were no other options besides Ethereum. Now there are.”

Ironically, two of the blockchains that are becoming Ethereum’s nightmare (Tron and EOS) were built on Ethereum’s network, and then they became independent by launching their own Main Nets, which have turned out to be faster, cheaper and more reliable than Ethereum’s.

It’s about speed, not Ether

Travis Kling founded Ikigai, a crypto hedge fund based in Los Angeles. He considers the migration from Ethereum to other networks as a result of reduced ETH demand. He thinks that as Ethereum’s new competition becomes more relevant, Ethereum’s fundamental value shrinks thus bringing Ether’s price down.

That has also affected the platform’s market share. It sinks as a led balloon. Just think about this piece of data: in January 2018, 100% of the world’s decentralized applications users were using said apps in Ethereum. This last January, that piece of the pie is a meager 8% according to dAppRadar. The cryptosphere has had more than 15 really lousy months. And yet, it’s been worse for Ethereum.

EOS and Tron are the current go-to dApp platforms with 48% and 24% of the world’s users.

The good news for Ethereum is that it still king when it comes to smart contracts, 40% of which still run in its network.

TronBet, one of the dApps running on Tron, has a trading volume of USD 41 Million weekly. It’s expected to profit USD 36 Million this year.

DappRadar’s CEO, Patrick Barile, explained that users are moving away from Ethereum and into EOS and Tron simply because the new networks are way faster than Ethereum’s. Faster speeds translate into improved user experience and are more attractive to developers. On top of that, some apps, such as gambling apps, just can’t possibly work at the speeds available in Ethereum. And don’t even get us started on gas prices.

But despite the hard competition and a difficult year to come, some observers still believe in Ethereum’s strength. Ethereum Foundation’s member, Hudson Jameson, asserted that Ethereum’s initial success was all about the community’s support and that the same factor will keep helping the platform regardless of other market conditions.

The project’s leadership has been coordinating developer’s efforts to improve the network’s throughput and transaction speeds for months so that the network performance improves so it can keep up with the new kids on the block. And Ethereum’s fanatics have high hopes in the network’s shift towards proof-of-stake as they believe that it will produce visible improvements in speed specifications.

We shall need to wait and see if Ethereum can react to the new market, now that there is actually a market. Its immense prestige has been sufficient so far to keep it relatively safe, but prestige can only go so far. The network will also need a better product if it wants its success as a platform matching its legendary status, which is based on past achievements rather than current performance.

Image courtesy of PixaBay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

A crypto whale transfers 549,628 USD worth of Tron (TRX) to Huobi exchange

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Lots of attention are drawn when there is a whale alert in the crypto space which involves a large sum of money transferred from one wallet address to another. This time around, this whale alert involves TRON.

The Whale Transfers 549,626 USD Worth of TRX to Huobi

This is not the first time there is a whale alert on TRON’s network this year. In fact, last month (on the 25th of March) about 80 million TRX was transferred from Binance to an unknown account. Roughly seven hours ago, another 20 million TRX coins (549,626 USD) was transferred to Huobi.

It remains in the dark as to who performed the transaction and who is the owner of the Huobi address in question. One fascinating thing is that the transaction was done at the time when TRON and the crypto market, in general, are making great progress.

What Might Have Prompted the Whale?

The whole scenario points out the fact that we might be heading for a FOMO on TRON’s ecosystem. TRON, at lightning speed, is making some good moves in the crypto space that is attracting everyone in the crypto space. Hence, the good steps by TRON might have been one of the reasons that attracted the whale.

The Prospects

TRON – no doubts – have great prospects when considering its price level. It is ranked among the top 10 cryptocurrencies in the crypto market. As an investor, you should know that TRON has excellent prospects and its price might climb steadily very soon.

TRON’s increasing adoption

Right now, no cryptocurrency beats TRON in terms of making partnerships. It is important to know that digital assets increase the number of transaction they have with different companies.

When it comes to TRON, the sky is the starting point in terms of these transactions lately. Take a look at the BitTorrent acquisition and then the plethora of other partnership with various FinTech industries today, and other blockchain companies. Subsequently, the cryptocurrency is not just a digital asset, but a blockchain platform that supports a decentralized internet.

Moving forward, the blockchain also supports the entertainment sector and partnered with Game.com. TRON is vast and cuts across the sports industry too by collaborating with vsports. The digital asset itself aims to create a large blockchain platform that supports Decentralized applications. It is worth noting that other TRON partnerships include BitForex and OTCBTC.

TRON’s listing on Numerous Exchanges

No doubts, lots of exchanges feature TRON, and this occurs almost every week. It is important to know that TRON has featured on 70 different exchanges so far, which shows that TRON is the new trend.

There are lots of new developments coming up on TRON’s network which include implementing an institutional-friendly multi-signature to attract big financial institutions worldwide. Additionally, there will be a new privacy feature that is going to be implemented very soon. All these might be the reasons that attracted the whale.

Overall, there seem to be some positivity on TRON’s network which more likely will make it surge in no time. Many users on social media think these positive happenings attracted the whale. Time will tell if the crypto whale dumps TRON, things look inverse (at least for now).

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Rakuten, an eCommerce giant based in Japan, is going crypto

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Rakuten

You probably have never heard about Rakuten because it operates in Asia mainly. Mostly in Japan. It’s an e-commerce firm founded in 1997 by Hiroshi Mikitani. It’s Japan’s largest e-commerce, and it’s among the largest in the world by sales.

It also owns and operates the country’s largest internet bank and the credit card company with the highest transaction value. And if that wasn’t enough, the firm has a lot of fingers in lots of other pies (fintech, digital content, communications) and it operates in 29 countries. It’s been dubbed “Japan’s Amazon.”

While the company was heavily focused on the domestic market in the beginning, it started to expand overseas in 2005, mainly through acquisitions and joint ventures. The company bought e-commerce platforms in the US, France, Brazil, Germany, the UK, Spain, and Canada. And that was just the start. The company’s growth has been strepitous.

This year will see Rakuten expand its operations into a new realm: the digital asset exchange game.

Authorization comes through

Last March (last month) 29th it was reported in Japan that the company will launch a new service called Rakuten Wallet, which will be the firm’s very own cryptocurrency exchange. It will go online later this year, in June. But you can send your application for a new account as early as April 15th, if you’re the kind of cryptonaut who likes to get in the action first.

Rakuten explained that a mobile app will enable customers to trade in cryptocurrencies. Accounts will be free, and all funds will be stored in cold wallets.

Rakuten’s new service has been in the works for some time now, but it had not made a move to actually launch it because it was waiting for regulatory approval from the Financial Services Agency (the Japanese financial markets regulator agency), which it finally received last March 25th.

That wasn’t the only permit granted by the FSA as it gave the green light to DeCurret to go online next April.

Rakuten already owns a cryptocurrency exchange called Everybody’s Bitcoin for USD 2.4 million last August, and it’s not clear how both exchanges will relate to each other.

Not many details are known about the new exchange. We don’t know if it will be decentralized, nor how many (and which) coins will be included in the platform for a start. But there’s plenty of time for news about Rakuten to develop from here to June, and we’ll be sure to report new details as they become available.

Rakuten has had great success in every business it has ever attempted, and we have no reason to doubt that if it goes into the cryptocurrency exchange market, the results will be equally successful.

This is good news for the crypto verse as a whole, not just for Rakuten or for Japanese traders. Big corporations, such as Rakuten, have been thoroughly skeptic about the digital asset world for almost a decade. So to see even a handful of them get their feet wet in the crypto waters shows that Bitcoin and all its descendants are gaining a good reputation among those who, in the past, didn’t like them at all.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Tron Acquires CoinPlay to Boost its Ecosystem

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Tron is one of the biggest projects in the crypto market; after its acquisition of P2P giant BitTorrent, the Sun-led initiative has acquired an emerging project, CoinPlay, a blockchain application store.

Today, Tron’s CEO broke about the new acquisition through a tweet on his official Twitter page. The tweet is:

Tron is motivated in stepping up its game and making sure the followers have the best. CoinPlay is the first blockchain global store focused on offering the best and most up-to-date blockchain applications.

It is worth noting that blockchain applications are very difficult to get on various app stores online and if seen, these blockchain apps are very hard to monitor the source for a secured download. In view of this, Tron and CoinPlay are poised to make sure all that does not occur again, and that blockchain apps would offer the best experience for crypto-enthusiasts all over the world.

Ever since Tron was created, it gears towards making a decentralized internet. Its BitTorrent’s acquisition was regarded as a big feat in the crypto space. With BitTorrent acquisition, Tron is one of the most decentralized projects. Moreover, the acquisition of CoinPlay also boosts Tron in progressing the crypto space.

It is important to know that CoinPlay offers different varieties of blockchain applications and Dapps through downloads, and offers guidelines, ratings, as well as practical guilds. Besides, CoinPlay will also offer support for multi-platform and GitHub query in the future for these blockchain games. The platform will also provide GiThub query for these apps and articles on cryptocurrencies plus links to quality projects and digital assets.

Concerning the acquisition of CoinPlay, Justin Sun stated this:

“TRON recently completed its MainNet upgrade v. 3.5. As a blockchain-based entertainment ecosystem, we will continue focusing on content and entertainment. The recent acquisition of CoinPlay aims to better serve the blockchain industry. The year 2019 will be the year of exponential growth for the TRON ecosystem.”

In other news, Tron is now in collaboration with Tether to issue USDT tokens, which will also offer great incentives for early owners of the tokens, thus equaling 100 million RMB, “to get existing USDT holders to transition to TRC20-based USDT and advance the potential of decentralized finance.”

Justin stated,

“We believe that with a faster, more economic and concrete stablecoin payment experience, more ordinary people will start to pay attention and use DAPPs. In addition, we will offer attractive incentives for early adopters, totaling the equivalent of 100 million RMB, to get existing USDT holders to transition to TRC20-based USDT and advance the potential of decentralized finance.”

Tron, founded in 2017 by Justin Sun, is motivated in creating a decentralized internet – we all know that. It is also known as the most decentralized project in the world. Justin Sun is now the Chief Executive Officer of BitTorrent Inc. based in San Francisco, too.

And now, BTT, BitTorrent’s token, will help link BitTorrent users to blockchain thus enabling faster downloads. Moreover, the Sun-led blockchain platform also connects lots of developers and content creators all over the world through its incentivized ecosystem based on Dapps and blockchain.

Consequently, Tron has made a good number of achievements in its short life so we can keep talking about them all day long. For now, let’s see how this new acquisition works out for Mr.Sun and his company.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Meet Spirit Warrior, the first of its kind gaming project built on Tron network

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The Tron network has been growing exponentially since it became independent of Ethereum last year. As we write this, it’s the decentralized applications platform that serves the most users in the world, and there are more than two hundred dApps active in the network.

These apps include everything from decentralized token exchanges to online casinos that play using fair odds and, on top of that, share the casino’s profit with the users. So far, Tron’s network and blockchain have proven to be incredibly efficient and versatile beyond anybody’s wildest dreams. And that’s not including BitTorrent, which is now Tron’s.

So as developers the world over realize the huge advantages there are in using Tron as a deploying platform for their ideas; the interest keeps growing and new ideas keep coming up all the time. One of those new ideas is SpiritWarrior.

Spirit Warrior

SpiritWarrior is a blockchain-based interactive mobile runner video game. It runs on Tron’s blockchain and, as most projects in the Tron ecosystem, it places a lot of emphasis in rewarding the performance of the game’s players.

So if you play this game (it’s something in Doom’s style, except that it has more of a fantastic, less violent streak), well, we’re oversimplifying things. This is a project that will be developing and releasing more games in time (more on that later), and that also includes a token for its users, the Spirit Warrior Gamers (SWG).

YouTube video

This game is the first of its kind in the cryptoverse, so it’s something of a breakthrough for everyone including the developing team, Tron, and the whole crypto community. It marks how developers are becoming progressively more confident and ambitious about the things they can do using blockchain technology as well as about the things that said technology could do for them.

The SWGamers Token

The SWGamers token will be a method of payment valid in each and every one of the games the team will deploy during the year. Oh yes, there’s more to come. A lot more to come, this is a highly ambitious team that’s just getting warmed up. Let us tell you some more details.

All the games will be available through a single mobile application (available in both Android and iOS). Some of the games will help promote and advertise other tokens within the Tron environment using ads but also including the game’s users in airdrops. One-fifth (20%) of the monthly income in all the games developed by the SpiritWarrior team will be distributed among all SWGames Holders.

Spirit Warrior Games Roadmap

Spirit Warrior Tron

The first (and flagship) game is the Spirit Warrior which was launched as beta as the current year began. The final version is already available for Android, and it will be ready for iOS by May. A Blackjack bet game and TronRaceHorse game were also developed with more or less the same timing.

The next two games will be Roulette and Slot Bet. Beta versions for both will be available by coming June. Then the Roulette production version will be released for Android in July, and for iOS in September. The Slot Bet game will go Beta in June as well, then go official in August for Android, and October for Apple devices.

The project is very high tech, and it will be a welcomed addition to Tron. This is a marriage made in heaven as Tron will enrich SpiritWarrior every bit as much as SpiritWarrior will enrich the Tron network.

We salute the new project!

Download SpiritWarrior Game Test Version

Android
https://play.google.com/store/apps/details?id=com.Games.SpiritWarrior

iOS
https://itunes.apple.com/us/app/spirit-warrior/id1448212463?l=es&ls=1&mt=8

Description and assignment of the SWGamers tokens

Id Token: 1002082

Name: SWGamers

Symbol: SWG

Decimals: 3

Price: 1 SWGamers = 0.6 TRX.

Where to find us?

Twitter: @SpiritWarriorio

Telegram:

https://t.me/SpiritWarriorEN

https://t.me/SWGamersToken

Websites:

https://www.swgamers.org/

https://www.spiritwarrior.io

Images courtesy of SpiritWarrior.

Disclaimer: The presented information is paid content; the client paid TronWeekly for covering all about it in a press release.

Tron ecosystem FOMO: A crypto whale transfers 80 million TRX from Binance to unknown wallet

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Whale alert! Several factors can draw the attention of crypto users, but nothing gets that more attention than the cases when some considerable amount of crypto gets transferred between addresses. This time around the big fish has gone for Tron (TRX).

The whale buys 30,000,000 TRX first and then 50,000,000 more

Yesterday, some crypto-watch pointed out that a big fish purchased a significant amount of Tron’s TRX. According to reports, 30,000,000 TRX (equaling about 719,554 USD) were transferred from Binance to an unknown wallet.

It remains in the dark as to who owns that Binance wallet as well as the address to which the TRX was transferred. What is most interesting is the timing at which the event occurred. At the moment it will be difficult to deny the fact that Tron is keeping a pace upwards with the cryptocurrency managing to see the price rise to around $0.025 mark.

Tron ecosystem FOMO – But What Might Have Attracted the Whale?

So, it all pretty much points to the fact that Tron ecosystem FOMO might be ahead. If you’re a crypto enthusiast, then you must be aware that the Tron foundation has been a foot ahead with various significant developments each passing day. Therefore, the recent Tron eye-catching events might have been the reason behind the whale taking the significant step.

The Promising Rank

First, Tron being ranked among the top 10 most valued cryptocurrencies without a doubt has to be an investor’s consideration. It means that it’s relatively not an unknown cryptocurrency, and its volumes steadily are on the rise hence making it easier for investors to pick.

Tron Partnerships

Is there any crypto that beats Tron in making partnerships in such a short space of time? Maybe there’s none, yet. Cryptocurrencies grow through the number of significant partnerships they develop with various companies.

For Tron, the numbers are ticking and growing as every day passes. We all saw it unfold as they launched the main net and now adding a plethora of partnerships chronologically. It’s getting more rooted in the entertainment industry with different alliances. For instance, the Sun-led blockchain has partnered with Bitmain and Game.com.

Furthermore, it has stretched into the sports industry by partnering with vSports. Speaking for the prime use cases, the Tron Foundation is creating a platform for content developers where they easily share the content. Other partnerships that the coin has made include Shiftmarkets partnership, OTCBTC partnership, BitForex partnership, and D2F partnerships.

The Listing on Various Exchanges

Evidently, Tron is differentiating itself from the rest as well as setting a milestone almost every week. We see the coin getting listed in a particular exchange each day nearly every day for some time now. In fact, up to now, it has been listed on more than 70 exchanges which imply that the coin is well received and probably the next big thing.

Moreover, Tron Foundation is looking to implement some other major developments to their Tron Network in the next quarter. BitTorrent speed is one of them whereby BitTorrent Token (BTT) will be implemented. Also, there’s the institutional-friendly multi-signature and account management for attracting giant investors.

Furthermore, the new privacy feature that will be implemented for transactions might have been a significant attraction point for the whale as well. That certainly can be a good Tron ecosystem FOMO reason ahead.

Nevertheless, much has happened with Tron and for now, it seems the positive news within the platform will continue to surge even if the price doesn’t for some time. So, the whale probably has followed all the developments closely, and the pointer head is in one direction-upwards. Whether Tron is the next big thing or not only the time will tell, though. We can just see solid fundamentals.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

TronCrush is Going to Revolutionize Crypto Gambling

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With the introduction of Bitcoin in 2009, its underlying blockchain technology has found its way into almost every industry. Interestingly, one of the modern industries that blockchain has crept into is the gambling industry.

According dapp.com 2018 dapp market report, betting dapps took over the dominating role in the market since Q4 last year. There was a total transaction volume of almost $3 billion in Q4, nearly 44% of the total amount in 2018.

However, problems like boring gameplay, short lifetime, always decreasing dividends also show up and are getting severe. Aiming to resolve these issues and offer players brand new gaming experience, TronCrush is introduced.

TronCrush is a unique betting game built on the TRON blockchain. Inspired by Candy Crush, it has both metrics of entertainment and profitability where players can have fun, win, and continuously receive dividends.

There are a total of 3 dices in the game. Players need to play them one by one. When a dice is played, the payout will be instantly sent based on the result and the odds. And when all three dices are played, a round is completed. Players will then be able to receive an extra bonus according to their lucky number combo.

TronCrush

Crush Bonus – Provides Entertaining Gameplay

Similar to Candy Crush, when a player manages to get 2 same lucky numbers in a round, corresponding dice will be crushed. The player will get 10x token rewards of the round. And when there are 3 same lucky numbers, all dices will be crushed. The player will then be rewarded with 100x tokens and TRX in the Crush Bonus pot.

Tron Crush

Mega Jackpot – Keeps the Volume up

The main reason why most dapps had a short lifetime is that players stop playing as soon as the FOMO fever is over. To avoid this from happening, TronCrush creatively set up a Mega Jackpot to keep the volume up. With this design, TronCrush is able to offer always increasing dividends. Here is how it works:

  • Part of game revenues will be put into the Mega Jackpot.
  • There is a 2 min countdown timer in each round.
  • For every bet over 200 TRX, 10s will be added to the timer, but will never exceed 2 min.
  • When the timer reaches zero, the last person to place a bet over 200 TRX wins the Mega Jackpot.

It is believed that with this unique design, TronCrush will be having a healthy and sustainable growth.

Provable Fairness – Offers Worry Free Gaming Experience

The fairness of TronCrush is guaranteed by cryptography and smart contracts. Players don’t need to be an expert of these disciplines to find out, as a handy verification tool is provided in game to ensure players are never cheated.

  • Players can enter their customized seed to the TRON blockchain. It could be a combination of letters and numbers of any length. It’s optional.
  • Then the smart contract will generate a random SHA-256 HASH, the timestamp of the current bet, and the previous block-hash will be mixed to create a random hash.
  • The seed generated from the smart contract and the seed provided by the player will then be mixed to generate a random LUCKY number.

VIP System – An Effective Incentive Approach

VIP systems have been playing an essential role in traditional games to reward those who have contributed a lot to the game while they are rarely seen in dapps, which is a wrong approach. Therefore, the TronCrush team decided to design a new VIP system to reward players based on their contribution made.

TronCrush will go live next week and is now holding a Pre-registration event, join now to enjoy 1.1x mining at launch.

Site: https://troncrush.com/

Telegram: https://t.me/troncrush

Twitter: https://twitter.com/troncrush

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

The Best Bitcoin Casinos for 2019

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The whole point in cryptocurrencies (especially Bitcoin) is, quite simply, to do away with physical money once and for all. Is that overly ambitious? Maybe, but that was the stated objective announced by the mythical (and still unknown) Satoshi Nakamoto as he brought the world’s first blockchain network and digital asset online.

So if Bitcoin is going to substitute money, one of the things you must be able to do with it is to gamble. And it’s happening. Indeed, the blockchain industry would probably not be where it is today without online gambling sites powered by Bitcoin. Even in new blockchain networks such as EOS or Tron, the decentralized applications activity is dominated by gaming sites.

If you should think that this is too much of a specialized use case, well, maybe it is. But it’s one of the uses fiat currencies have all over the world and, over the last few years, many Bitcoin casinos have been incredibly successful.

There’s no shortage of Bitcoin-based gaming and gambling platforms. In fact, the number of available websites for this is enormous. In this article, we’ll offer you a bit of context for gambling with Bitcoin, and we’ll tell you about four Bitcoin casinos that w consider to be the best ones so you can choose the one that suits you better.

Also, in the last section, you’ll find a list of Bitcoin dice games which you should try out if you’re interested in gambling at a game in which the odds are closest to being mathematically fair.

Before we start, just a friendly reminder: before you proceed you need to make sure that gambling online is legal in your home country.

What is Bitcoin Casino?

Well, BitCoin casinos are basically just a website, just like any other traditional gambling platform. The main difference with BitCoin casinos is that they allow you to fund your gambling with cryptocurrencies (yes Bitcoin, but some others too in many cases).

As a matter of fact, some of these sites don’t take fiat currencies at all. This is not a dogmatic thing. There are real advantages in avoiding transactions in physical money: cashouts are faster, deposits are faster too, and the whole experience is more seamless in terms of usability.

Additionally, the irreversible nature of payments in cryptocurrencies obviates the “Know Your Customer” (KYC) process which is now the rule in traditional gambling sites and that can be very cumbersome, even a little intrusive.

But you could still need to provide some kind of identity verification, especially if you’re lucky enough to earn some big wins. That being said, 99 out of every 100 users have no problems at all in this regard.

Are Bitcoin Casinos Legal in the US?

Well, it’s not forbidden. The current regulations in the US say nothing specific about cryptocurrency gambling, and most certainly, it’s never been declared illegal at all. Online gaming, however, is restricted and regulated in most states in the union.

Laws haven’t caught up with the times to include the blockchain aspects of gambling explicitly in any way. In the whole of the country, only three states allow for any kind of gambling activity at all. Those states are Delaware, Nevada (home of Reno and Las Vegas) and New Jersy (home of Atlantic City), so no surprises there.

Some of the world’s casinos just play it safe and block most of all of the US IP addresses, but that has everything to do with gambling and nothing to do with digital assets per se. In short: there’s no reason to believe that gaming using cryptocurrencies is illegal in the US so far.

The BitCoin Casinos: are they provably fair?

Let’s start by clarifying what “provably fair game” means. It’s a game in which a third party verifies that the game was fair and that the casino isn’t messing around with users by manipulating the process or the results.

All the casinos in our list have a provably fair game section. If this is a subject that makes you a bit paranoid and you feel that BitCoin casinos are cheating you out of your winnings, then you should choose one of the casinos in which fairness verification is most straightforward.

Why choose a Bitcoin Casino?

There are three excellent reasons to gamble using Bitcoin Casinos. Anonymity, probability, and speed. Traditional online casinos have “Know Your Customer” programs (KYC) in which they require their customers to disclose some critical vital stats and personal information. This is cumbersome, and it verges on the intrusive at times.

You end up giving them all of your payment details and every bit of personal information that can pinpoint you anywhere in the world. Not so with Bitcoin Casinos. These platforms don’t ask you to disclose any personal information at all (few exceptions could apply if you score some big wins)

Then there’s the provably fair game factor. Most Bitcoin casinos offer provably fair games. This is a trend within crypto gambling that seeks to ensure fairness and transparency. You’ll hardly ever find that in conventional betting websites.

And, the other advantage is the speed. Some crypto-based casinos also accept fiat currencies, but if you deal in digital assets only, cashouts are very fast, seamless, painless. You get your money out in minutes instead of days, and you don’t have to keep checking your bank account to be sure you got paid.

So what is the house edge for this kind of casino?

For the casinos in this list, the house edge can be anywhere from 0.5% to 2%. It’s not so much about the casino but about the particular game you’re playing. It’s a remarkably low margin if you take into account that, say, slot machines in Las Vegas take 10%, and traditional poker can take up to 5% depending on the precise kind of card game you want to play.

So the house edge for Bitcoin Casinos is actually quite low when you compare it with conventional casinos. This has everything to do with the fact that they are based on cryptocurrencies. That way the costs to transact payments are much cheaper than in traditional fiat currencies. So that lower overhead in payment handling allows the house to keep its edge much lower.

Dice Games and Cryptocurrency

Cryptocurrency dice games are just a subset of the games offered in online BitCoin casinos. Dice games are trendy because being based on dice (obviously), the odds involved are quite easy to understand. An ordinary dice game can be as simple as this: you pick a number, roll the dice, and if your number comes out, you win. You lose if the result is any other number.

Even in traditional casinos, dice games is where the house takes the smallest edge. In some individual cases, the odds are mathematically fair (which means that there’s no house edge at all). The variety of dice-based games is immense so you can find the one that suits your taste for risk. And some of them allow for a high number of micro bets if you like that kind of thing and try out some kind of a strategy.

Most importantly: most of the games in BitCoin casinos are provably fair (the chances are that all games in crypto casinos are indeed fair), which means that the operation’s validity is valid and you can be100% that the house is not cheating on you.

This article’s final section provides you with a list of interesting crypto-based dice games.

And now, for the list:

The Four Best BitCoin Casinos

Fourth: mBit

In an environment in which almost everything is new, mBit has antiquity going for it (in so far as that is possible for a technology that’s barely a decade old). It’s one of the oldest Bitcoin casinos in the world.

The company is based out of Curacao, in the Caribbean sea, so it follows the gambling restrictions, requirements, and regulations of the island, which, by the way, are quite generous as is apparent from the vast number of casinos based there. It also means that it’s a legal entity. The company’s main selling point is its increasing range of games, live dealer support, and a handsome deposit bonus.

The downside (if you can call it that) is that it accepts Bitcoin only and it has no plans whatsoever to broaden its business by including any other digital asset. That could change in the future, of course, but for the time being it’s Bitcoin or nothing.

Third: FortuneJack

This is another Bitcoin gambling platform that has earned respect and a good reputation in the community. It’s unsurprisingly based in Curacao as well. FortuneJack tries to attract as big an audience as possible by supporting hundreds of different games, so there’s something for everyone. As an additional advantage, it also accepts Litecoin and Dogecoin, which gives it a bit of a competitive edge compared to its competitors.

Second: BitStarz

This is the big one. In terms of popularity, this is the biggest BitCoin casino in the world by far. If you haven’t guessed where it’s based, well, let us tell you: it hails from Curacao (are we detecting something of a trend here?).

It features more than a thousand games in its platform, and it keeps adding new ones regularly. It stands out from the rest for several reasons. It supports several altcoins as well as several more traditional payment methods.

While this is a bit eclectic for a so-called BitCoin casino, but it adds to the platform’s appeal and good reputation, as it has access to the traditional gambling markets as well as the crypto-gamblers.

Another exciting feature in BitStarz is their customer support. Its service doesn’t rely on web-based chats and contact forms (which is the painful rule in so many websites of all kinds).

The company takes advantage of social media and even Reddit to give customers the best possible service. Don’t get us wrong. There is good customer support in all of the casinos in the list. But BitStarz takes a more creative and proactive approach when serving clients. It walks the extra mile to make sure your gaming experience is painless and smooth.

First: BitcoinCasino.us

It’s been around for years, and it’s built a solid reputation in the industry. It supports DOGE, LTC, BCH, ETH and, obviously, BTC. It features many bonuses and cashback options, and it offers frequent promos in which users can get some free spins. While the selection of games is not as big as in the other casinos in this list, it’s more on the classic side of gambling. Slot games, Poker, Roulette, Table Games, Jackpot games and High Roller are on the menu.

And now, as promised, let’s check out the list for the best Bitcoin dice games in 2019.

Best Crypto Dice Games for 2019

DuckDice

It’s fun and interactive, so if that’s your cup of tea, this is it. DuckDice.io is THE cryptocurrency dice game for this year. It has 500 gamblers at any time of the day, and it’s processed more than 2 billion bets so far. The user interface is very friendly and intuitive, and it has lots of options. If you’re not persuaded yet, the house edge is of 1%.

SafeDice

This is another excellent crypto dice game. It’s very much like DuckDice except that the house edge is even lower at 0.5%. And just like with DuckDice (didn’t we say that?) you don’t even need to open an account to play.

As a matter of fact, you couldn’t give the site your email address even if you wanted to because there is just no way of doing it. It’s a popular site that’s handled more than 200 million bets and flow of 100,000 BTC. The numbers are not as impressive as DuckDice’s, but they’re still outstanding.

BitDice

BitDice is an excellent crypto dice game as well. It’s different from the previous two platforms in that it offers several other games not based on dice. And they’re quite particular to the site: Money Farm, Blast Boom Bang, Satoshi’s Secret, and Bit Aces, to name a few.

There are also more classic casino games like Black Jack and a Texas Holdem of sorts. It’s not as popular as the other two, but it’s different, and you should check it out if you’re looking for a bit of variety.

Crypto-Games

It’s a popular platform that concentrates on games that are fast, simple and very popular. Their dice game is quite popular as well, as it processes dozens of bets every second.

The chances are that every bet in this site is 100% fair and you can automate your bets if you’re looking to place many micro bets instead of a single big one. The dice game in this site has more than 2 billion stakes for bitcoin alone! Daily, the number of bets is of about 2.5 million. Also, there’s a chatroom for you to pick a conversation with fellow traders and players.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Tron enthusiasts should not worry; good time might be imminent, here’s why

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Tron, founded and lead by one of the most recognizable faces in recent times in the crypto sphere, Justin Sun, has been in the mainstream news ever since its inception.

There could be many reasons supporting this fact, its vision to forge the entire internet network decentralized, the uniqueness in its procedural architecture, ever readiness trait of the foundation and its leader’s energy to look out for the opportunities that could provide TRX community means to excel in their routine business are few which surely stands out.

Launched in September 2017, Tron was introduced in the crypto verse with its token hosted on the Ethereum blockchain with an idea to become the content distribution platform for the digital industry. Sun-led cryptocurrency has now evolved into an utterly different entity and currently stands as one of the most popular cryptocurrencies in the market.

Last year in June, Tron launched its own mainnet (simply put its very own blockchain) with a purpose of migrating its previously circulating tokens in the market to its proprietary Blockchain.

Ever since then, Tron has turned to one of the major players in the crypto mania. Tron’s acquired BitTorrent facilitates its rapidly growing community to share and use content available on the peer-to-peer decentralized platform without a middleman famously dubbed as the Project Atlas.

Although the journey has not always been smooth, Tron has achieved many landmarks up to this point of time. The project quickly changed the opinions of its naysayers who weren’t really impressed with the foundation’s future by considering it a scam when it initially kicked off.

Tron has seen a significant rise in TRX’s price in the past one year which is around 26%. The blockchain has also reached 2 million mainnet accounts mark just at the beginning of this month. The achievement is also worth noting because the time it took is no way near to its close rivals such as Ethereum or EOS.

Another exciting news circulating in the community nowadays is the promising partnership of the two major players Tron and the stable coin Tether (USDT).

Earlier this month, the announcement of the strategic partnership between Tron and Tether brought excitement among the both coins’ communities as the decision is considered to be a game-changing one for both companies and their respective communities. As per experts, the migration of Tether’s token onto the Tron’s Blockchain (TRC-20) will strengthen both coin and the companies significantly.

Tron token’s price is struggling at the moment (alongside the rest of the crypto market), as it was as high as $0.026 during the second half of January this year, and now (at pressing time) is available for trade at $0.023 in the market.

Still, many observers believe in the crypto space that once the implementation plan for migrating Tether (USDT) on to the Tron blockchain gets launched during the early Q2 of 2019, Tron’s price would rapidly flourish to the $0.05 mark and even higher according to some analysts.

So, if you are a Tron enthusiast, as things look, you do not need to worry much and remember one thing; patience is the key.

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Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

TRON DEX TRXMarket is Hiring CEO, 100 Places for Grabs

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Do you like TRXMarket? Or have you always dreamt about being a chief experience officer?

Then dream no more as your chance is finally with you.

TRXMarket Fulfilling Dreams

The newly launched decentralized exchange (DEX), TRXMarket, has announced opportunities for the TRXMarket users to join the great journey of becoming the world’s best exchange. The platform despite being in the game for merely three months is recruiting chief experience officers (CEO) in a bid to engage its users.

The platform provides Tron enthusiasts as well as crypto traders the opportunity of trading a variety of TRC-20 tokens on its network in a transparent, safe, and convenient way.

The TRXMarket improved on the previous DEX which focused on TRC-10 tokens. It provides eight TRC20 tokens for trade which include Tron Weekly (yes, TronWeekly’s native token), TronFun Token, TRONdice, and DiceBet to name a few.

So, the opportunity is here for TRXMarket users to take their experience within the platform to the next level. The platform must have taken into consideration that with today’s changing world business with a chief experience officer a business ranks better. The role mainly improves the customer experience which is significant to success.

Chances are Limited

As much as the recruitment opportunity sounds pretty good, TRXMarket users have only 100 places for grabs. Sounds a bit harsh, right? But that’s how it is. Therefore, the recruitment process comes down to first come, first consideration.

The process only requires one to fill a questionnaire provided for a chance to be considered after which the qualified individuals will be contacted via an email.

Does being a CEO come with Benefits?

It’s a question that passes the mind for all. A CEO will have many benefits with first having the firsthand experience of the platform’s internal Beta version.

Also, they’ll have a priority in trying the new product features as well as the opportunity of becoming community group admins. Furthermore, a CEO has the chance of giving suggestions about TRXMarket more directly. And, the CEO will also be getting TRX rewards ranging from 1,000 to 10,000 for the accepted suggestions.

Undoubtedly, it’s an experience which a TRON user can’t afford to lose. But, with chances limited, only the first and best will be lucky to narrate the experience of being a TRXMarket CEO.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.