DAO.Casino aims to bring participants together by incentivizing contributions throughout the value chain.
Berlin, Germany (PRWEB)
May 22, 2017
DAO.Casino‘s Founder and CEO Ilya Tarutov and Co-founder Konstantin Lomashuk released a white paper entitled “Blockchain Protocol for Gambling” that outlines their development of the first decentralized, public protocol for online gambling – a layer on top of the Ethereum blockchain expressed as a system of smart contracts that supports provably fair gambling.
The lack of transparency of online casinos leads many people to believe that the casinos are cheating. The implementation of smart contracts ensures that the game operators and casino owners cannot be corrupted. The smart contracts are essentially escrows that take effect when the required…