Blockchain casinos are becoming increasingly popular on the internet and, if you’ve just discovered the term, here’s a quick tour in what blockchains are and how blockchain casinos work🔁.
The first thing that you need to understand, is what blockchains actually are. Essentially, a blockchain is a digital ledger that is used to record online transactions that use cryptocurrencies. The transactions are recorded sequentially and are available publicly👥.
Taking this principle and process a step further, we can apply them to online casino gambling. This gives you the emergence of so-called blockchain casinos, which essentially apply blockchain technology to online gambling. The result of this is that it gives online gambling an entirely new level of transparency as well as credibility📈.
