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Aren’t you wondering why there are countless of Ethereum ICOs around a gambling industry, but so far we have no properly working Ethereum casino?

The secret is: RNG (Random Number Generator). Every gambling app/dapp has one, and it’s necessary to make a game functioning. The RNG rolls a random number and defines winners/losers, and that’s a sophisticated IT system.

Up to date Ethereum blockchain, or any other blockchain, has huge scalability issues. Remember, bitcoin transaction costs/speed, Status ICO and delayed Ethereum transactions, or any other large/complex activity connected to the blockchain.

Another problem is that, so far, there are almost no programmers who fundamentally understand how blockchain works and can program. Today, programming on a blockchain is something like programming a search engine (Google) in 1996.

And that’s why most ethereum based/decentralized RNGs (actually, most of blockchain projects) are not properly functioning.

A proper casino business MUST have an RNG which:

  • Can generate a random number in less than 1 second
  • The cheating factor is decentralised by a blockchain
  • Is capable to work for a large number of people simultaneously
  • The cost of a random number is reasonable (low gas/ transaction cost)

If these factors are not fulfilled, it’s impossible to create and scale a properly functioning gambling business.

Now, let’s take a look at how most popular Ethereum gambling projects are coping with the issues mentioned above.

vDice ( )

RNG speed: 1-2 minutes to generate a number

Gas (price player pays for 1 game): $1.06

Etheroll ( )

RNG speed: 3–5 minutes to generate a number

Gas: $1.61

FunFair ( )

RNG speed: less than 1 second

Gas: none

There’s a catch: it’s not a blockchain casino and cheating factor isn’t decentralised. Their internal casino server is generating a random number (that’s why it’s so fast) and has a full power to cheat against its own players. Their deposit/withdraw system has an Ethereum integration like most bitcoin casinos as they can accept bitcoin. This message can misleads gamblers into thinking that’s a decentralised solution, which is not; however, it’s just their showcase product, and hopefully their launched version will have a decentralised cheating factor.

As we can see, most Ethereum gambling projects have some serious issues related to: RNG speed, gas size (game costs) or cheating factor.

And now it’s time for Edgeless RNG while playing Dice:

RNG speed: less than 1 second

Gas: still being optimised, but it will be less than 5 USD cents.

So, what’s our secret: we are using a hybrid model minimising blockchain transactions needed for RNG. RNG is inside our server, allowing us to reach speeds of less than 1 second and serve millions of gamblers. Blockchain records every action what is happening inside a server and uploads it publicly. Final outputs become visible on a blockchain explorer and that decentralises a cheating factor of the casino. Have a look at a detailed explanation on our whitepaper:

Feel free to try out beta Black Jack which uses our RNG system:

Secondly, we are on a process of getting a casino license + RNG certification. That means there will be a legal entity backing up our RNG, and giving extra credibility for our brand.

And that’s why we dare to name ourselves as a First Ethereum based Casino.

Our platform launch, 0.1 version, is happening in Q3. Next week, we are releasing a detailed platform functionality map so you can know what to expect. Stay tuned!

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Reddit: Co-founder, Professional Gambler and Poker Player

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