Bitcoin Games Weekly Payout Hits 154.3 BTC in One Week

Popular Bitcoin betting platform Bitcoin Games has recently paid out a record amount of 154.3 BTC worth of prizes in a single week. The winnings were paid out to 11 players, all in the form of progressive roulette winnings.

[Note: This is a press release]


Prior to the record week’s winnings, the increasingly popular Bitcoin betting platform had already paid out over 1,000 BTC worth of prizes in the last six months. The platform’s recent spike in user base has been accredited to the minimal house advantage and lack of registration process.

The Bitcoin gambling platform constantly keeps adding new titles. The popular game categories on the platform include Slots, Blackjack, Poker, Dice, Roulette, Keno, and Craps. The reduced house edge on Bitcoin Games and its provably fair gaming algorithm translates to an expected return of up to 99% for the players. With the absence of a sign-up process, members can freely come and go as they please, with total anonymity.

The biggest and the latest jackpot was won on the platform’s Progressive Roulette game. Players can make the best out of “Progressive prizes” by selecting the ‘Play 1 credit’ button, which will qualify them for the Progressive Roulette wins. Bitcoin Games has further enhanced the gaming experience with faster transactions by removing network confirmations while providing an option for the players to opt for it if they wish. Bitcoin Games comes integrated with Shapeshift to ensure that players can choose to place bets using different cryptocurrencies.

Although the platform has removed few aspects of the membership process that some players might associate with security, Bitcoin Games is as secure as any other similar website. Players are offered the choice of both Authy and Google Authenticator, in order to keep their accounts safe with two-factor authentication.

Bitcoin Games also provides players with a full 24/7-customer support chat window for all queries and issues. The platform also has an attractive referral program, giving players a chance to earn up to 25% of the house edge when they onboard other players to Bitcoin Games. All payouts are instantaneous, and players can withdraw their winnings at any time.

Bitcoin Games has focused on streamlining the platform to simplify the gaming experience for its player-base. The platforms sizable progressive prizes, reduced house edge, and absence of registration make Bitcoin Games one of the simplest and easiest Bitcoin betting platform in the market.


Images courtesy of Shutterstock, Bitcoin PR Buzz

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Decred, The World’s First Fully Democratic Cryptocurrency Platform, Receives an Upgrade

Decred is a cryptocurrency project and platform built with the sole purpose of granting its participants the power to guide the ecosystem. This democratic design eliminates the possibility of interference from separate entities or governments.


Control in the Hands of the Community

The much-anticipated recent release of Decred v1.0 marks the beginning of direct community consensus voting. Decred will be the first cryptocurrency to reappropriate its governing control away from a centralized authority to the community of stakeholders. Usually, the control lies in the hands of miners and developers, but with Decred, it is distributed among the community members to ensure that everyone’s views and votes play a role in shaping the ecosystem.

Decred utilizes a hybrid proof-of-work and proof-of-stake consensus system. It allows the platform to strike a balance between the benefits to both miners and stakeholders, offering a much more complete form of consensus.

Decred Democratic Cryptocurrency Platform

Decred v1.0 First and Second Votes

The new Decred v1.0 release will change the required percentage for stakeholder approval to a minimum of 75% vote for consensus change and one signaling vote. There has been recent fluctuation in the ticket price, due to an increased number of stakeholders, which has been attributed to the cryptocurrencies recent spike in adoption.

This fluctuation exemplifies the project’s need for a majority community consensus to resolve such issues. The first vote will be on Decred v1.0’s new ticket price algorithm designed to diffuse large ticket price fluctuations and provide an improved ticket price discovery while maintaining a consistent ticket pool size.

The second vote will allow stakeholders to signal support for Lightning Network development. The Lightning Network will bring the platform the ability to process super-fast payments with an economical fee structure to all users. Should the vote pass, Decred developers will integrate the Lightning Network on the blockchain and once fully operational, a future consensus vote can be initiated to activate the Lightning Network code automatically.

Decred has also released its 2017 roadmap, highlighting an improved proposal system that will allow for the community to contribute directly to the platform’s future agenda.

Decred Autonomy Puzzle Challenge

Decred Release Celebrated with Puzzle Challenge

Decred is celebrating version 1.0.0 release with a puzzle challenge. The ‘Autonomy Puzzle’ challenge features a prize of 500 decred (DCR) to the first solver, equivalent to approximately USD 7,500 at the time of this release.

The value of Anatomy Puzzle’s prize will reduce during every 24-hour interval. The puzzle’s difficulty level is set in the range of ‘easy to medium,’ so that everyone can participate in it. For more specific details or to join the puzzle solving conversation, visit the Decred Slack channel #puzzles.

More information about the latest version of Decred and its Autonomy Puzzle is available in its most recent press release.

What do you think of the new Decred v1.0 release? Is it really a shift toward true community consensus voting? Let us know your thoughts in the comments below.


Images courtesy of Decred.org

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Bitcoin Will Soon Gain Traction in Antigua and Barbuda As Government Proposes to Draft new Laws

The Caribbean has always been an interesting region for cryptocurrency. Bitcoin and consorts can make a big impact in this part of the world over the coming years. The Cabinet of Antigua & Barbuda is looking to regulate Bitcoin usage in the coming months. The local Attorney General is tasked with drafting allows for the … Continue reading Bitcoin Will Soon Gain Traction in Antigua and Barbuda As Government Proposes to Draft new Laws

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Lunyr Crowdsale Successful with 47,923 ETH ($3.4 Million)

The Lunyr crowdsale successfully ended on April 27 (Pacific time) with 47,923 in Ether (now $3.4 Million). This makes Lunyr one of the largest crowdsales to date on the Ethereum platform. Lunyr is the first decentralized crowdsourced encyclopedia that rewards users for contributing and peer reviewing information. Lunyr tokens (LUN) drive economic incentives. Lunyr aims … Continue reading Lunyr Crowdsale Successful with 47,923 ETH ($3.4 Million)

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Brazilian Criminals Kidnap Woman And Demand a Bitcoin Payment

Bitcoin and other cryptocurrencies are often used in criminal activity. While most of these attacks take place on the Internet, Bitcoin also has an allure for regular criminals. In Brazil, a few men kidnapped a 32-year-old woman this week. In exchange for her release, they demand a bitcoin payment. Luckily, the Civil Police was able … Continue reading Brazilian Criminals Kidnap Woman And Demand a Bitcoin Payment

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Ethereum Price Weekly Analysis – ETH/USD Rally To Continue

Key Highlights ETH price remained in a solid uptrend and moved above the $75 level against the US Dollar. There is a crucial bullish trend line formed with support at $73.00 on the 4-hours chart of ETH/USD (data feed via SimpleFX). On the upside, a break above the $75 level may call for further upsides … Continue reading Ethereum Price Weekly Analysis – ETH/USD Rally To Continue

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Bitcoin Price Weekly Analysis – BTC/USD Bullish Trend Intact

Key Points Bitcoin price traded higher this past week and settled above $1400 (data feed from SimpleFX) against the US Dollar. There is an expanding triangle with support at $1405 formed on the 4-hours chart of BTC/USD. The price is about to rise with a chance of break above the $1450 resistance in the near … Continue reading Bitcoin Price Weekly Analysis – BTC/USD Bullish Trend Intact

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Stock Portfolio App Stockfolio Adds Bitcoin and Altcoin Price Support

It is evident mainstream traders are paying more attention to cryptocurrency. Not only are they looking at bitcoin and altcoin prices, but app developers are doing so as well. Stockfolio, a rather popular app among mainstream traders, added bitcoin price support. Additionally, they now also list some of the top altcoins. An interesting decision that … Continue reading Stock Portfolio App Stockfolio Adds Bitcoin and Altcoin Price Support

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