CoinPoker: The Future of Online Gambling?
Do you enjoy playing poker? The poker (gambling) industry is one the most lucrative industries in the world. However, many players question the fairness of the RNG( random number generator) system due to its lack of transparency. Pocket AA loses way too often to lower pockets, bad beats happen more often than they happen in live games, or so do people think. There’s no way to prove those accusations. Let’s say you’re a rich boy who can easily afford to reload your poker account. Theoretically, a centralized system would be able to recognize that pattern and send more bad beats your way. I’m not saying it happens. I’m just saying it could be programmed to do that. It’s up to you whether you trust or doubt the centralized system. If you want to watch an interesting online poker documentary have a look at the 'Online poker is a scam' video uploaded to Youtube by the user Robers Dee. I still play online, even though this documentary left a deep impression. Do I trust the centralized shuffling system? It depends on the site.
Blockchain is once again here to save the day. CoinPoker, the first crypto poker company that minted its own currency( CHP), has created a decentralized shuffling system where players participate in the shuffling. The new RNG system provides transparency, so players can go back to the previous hand and analyze it. They’re also offering a 1 million CHP bug bounty to the person who can prove that their RNG system is wrong.
You can find out more at www.coinpoker.com. There’s a 1000 CHP promotion campaign if you download the CoinPoker app and try it. There are many free rolls every day where you can play and earn cryptocurrency for free.
Disclaimer: I am directly involved in the project. This is not financial advice.
*The videos posted belongs to CoinPoker, the company I represent in Japan. I have permission to share it with the world.