Why We Need Blockchain Gambling

We Need Blockchain Gambling : Securing our Decentralised Future

This week we saw an unbelievable story. It shows exactly why we need blockchain gambling.

Ethereum is the best platform for making decentralised gambling games. We need Ethereum.

We Need Blockchain Gambling

We Need Blockchain Gambling for Privacy and Security

Bitstarz is a large, centralised gambling site. You can use your bitcoins to play their games.

It is not built on the blockchain. It is fully centralised. That means you must trust Bitstarz fully with your digital money.

This week the Merkle reported that Bitstarz is refusing to pay out its players.

With a centralised service, like Bitstarz, when you send them your digital money it is not yours anymore. You only get it back if the site operator lets you withdraw it.

It’s just silly to use centralised games with Bitcoin and Ether. Why have a trustless blockchain and not use it properly?

we-need-blockchain-gambling-privacy

vDice is Blockchain Gambling

This is why we built vDice ; the leading blockchain gambling game for Ethereum.

Our game is live and it works. You don’t need to trust anyone. The game is on the blockchain. You only have to trust the blockchain.

vDice never touches anyone’s money. No one touches it. You send your ETH to the smart contract. The smart contract processes the bet.

The code is open to everyone. Anyone can read it. Everyone can see. It does exactly what it should do. It’s on the blockchain. So no one can mess around with it. No one can cheat.

Now Bitstarz is holding customers money. They won’t give it back. Well, not until they get all this identity information. Again, that’s just silly. Blockchains provide security, trust and privacy.

we-need-blockchain-gambling-trust

All Hail the Blockchain

If a gambling game is NOT on the blockchain, it’s a waste of time. Now players are learning the hard way.

Do yourself a favour, don’t play a game with your digital money unless it’s a blockchain gambling game. It’s really the only way.



Ethereum Devcon Event Analysis

Ethereum Devcon Event – Such Excitement

Ethereum Devcon Event 2016 is over. It was so great.

At vDice.io we are so proud to sponsor the event. It was good to sit down with our partners from China, the UK and around the world. The path forward is clear for Ethereum’s most popular gambling game; vDice.

We were blown away by all the exciting announcements. The Ethereum ecosystem is healthy and strong.

It’s growing so fast. After just one year major technology and finance players, everyone, is taking note.

Ethereum Devcon Event – Leading Announcements

Here’s a summary of the most exiciting announcements from Ethereum Devcon2 in Shanghai – 2016:

1) Santander Bank is a Spanish banking giant. They are actively experimenting with the Ethereum, public blockchain.

This is to issue a digitized form of cash. The idea is to let customers convert cash account balances to tokens on the Ethereum network. These could then be redeemed for cash.

ethereum-devcon-event-santander

 

2) Thomas Reuters revealed that it’s spending most of its time on concepts using Etheruem’s public blockchain.

It is clearly very excited about the promise of Ehtereum programmable, Dapps and the established roadmap for scalability.

As the world’s leading news service, areas of experimentation include: finance, risk, legal, taxation, accounting and IP. Thomas Reuters is also experimenting in the Oracle part of the ecosystem.

3) Microsoft revealed a ‘Quickstart Template’. This makes it super easy to create private version of the Ethereum blockchain.

This is part of Microsoft’s ongoing commitment to develop Ethereum as a critical piece of infrastructure for enterprise blockchain services (BaaS). Ethereum’s public blockchain is a key part of Ethereum’s BaaS vision.

ethereum-devcon-event-microsoft

Conclusion

There is a lot to look forward to in the Ethereum ecosystem, from the major players.

It won’t be long until mainstream gambling recognises the true power of Ethereum. And vDice will remain at the forefront of the ecosystem. We’ll continue to show everyone what is possible.



The 1st Three Months of vDice

The 1st Three Months of vDice – What a Ride

The 1st three months of vDice have been incredible. We launched on June 13th of this year. So, technically it has been 3 months and 5 days, but who’s counting?

Our goal has always been both simple, and ambitious; to create the world’s 1st fully decentralised gambling game. In so doing we aim to provide the best gambling experience for Ethereum and our players.

With vDice the world is seeing the power of Ethereum Smart Contracts.

We’ve come so far. It feels like a lot longer than 3-months. We’ve got such a great team. And we collaborate with the best in the ecosystem to deliver the vDice experience.

We all work on vDice constantly, every day. For us it’s a labour of love.

1st three months

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vDice Token Swap Update

vDice Token Swap Update : ‘vSlice’

The vDice token swap is coming soon!

vDice will have its own token. You swap Ether or Bitcoins for vDice tokens, called ‘vSlice’.

vSlice tokens will have value in the market. It will be an alt-coin like Ether, Litecoin, Ripple, or any other alt-coin. You will buy, sell and trade vSlice on the best exchanges.

But it will also have an extra, unique feature. It will be different to any alt-coin.

vSlice holders will automatically receive all profits from the vDice game. That’s right, vSlice is the 1st alt-coin that will earn profit while you hold it!

It’s a world 1st. Only Ethereum makes this possible.

vDice is SatoshiDICE for Ethereum

vDice is Bitcoin’s classic SatoshiDICE for Ethereum. It is having huge success.vDice Token Swap

Ethereum smart contracts are so powerful. We’re going to use this power to share vDice success. All the game profits will belong to vSlice holders.

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Ethereum Vs Bitcoin

Ethereum Vs Bitcoin – Differences and Similarities

Ethereum Vs Bitcoin – it comes up often. At vDice we have some of the best developers in the blockchain space. They know blockchain technology inside out.

People come to us with questions, novices and professionals alike. One questions arises often; Ethereum Vs Bitcoin – what’s the difference?

Here we’ll lay out simply, clearly and concisely the key differences.

ethereum-vs-bitcoin

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