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Why Are People Talking About CasinoCoin?


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On 4/14/2019 at 2:53 AM, btemtd said:

Why didnt you just create this as a token on the XRP ledger? its now so easy with the new XRP wallet take less than 5 min

It's custom made for the gambling space. 

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On 4/15/2019 at 3:05 PM, SaladFingers said:

Because then CasinoCoin is at the mercy of any changes/updates made to the XRP ledger and would be unable to implement their own changes/updates to the network.

so is casino coin only at the mercy of the creaters & centralised that makes sense. If its decentralised id assume then this could also be at the mercy of the nodes, validators,voters what ever you want to call. Cause i would assume you only need  x amount of tokens and distribute them a certain way. And the gambling site is the one which coded with controls the wallet with tokens . But yeh all in my wild imagination, not sure how the mechanisms will look like.

 

As t800 said its custom made to suit gambling space, im curios to know what a coin custom for gambling space actually looks like or what does it do making it suitable for a gambling space, id assume this requires alot of info so ill let my imagination show me :) thnks

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2 hours ago, btemtd said:

so is casino coin only at the mercy of the creaters & centralised that makes sense. If its decentralised id assume then this could also be at the mercy of the nodes, validators,voters what ever you want to call. Cause i would assume you only need  x amount of tokens and distribute them a certain way. And the gambling site is the one which coded with controls the wallet with tokens . But yeh all in my wild imagination, not sure how the mechanisms will look like.

 

As t800 said its custom made to suit gambling space, im curios to know what a coin custom for gambling space actually looks like or what does it do making it suitable for a gambling space, id assume this requires alot of info so ill let my imagination show me :) thnks

It will also be at the mercy of CRNs (community Relay Nodes), however it's in their financial interest to do what's best for the network. What is best for the XRP ledger's use case is probably not the same as what is best for the CSC ledger, so having their own network as opposed to running on the XRP ledger makes sense IMO.

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CasinoCoin has recently started to gather some attention on Twitter and other social media platforms in the last couple of weeks and for good reason.

I first started investing in digital assets in 2017 when I first come across XRP. I' didn't know a lot about cryptocurrencies in general, but I did like what Ripple was trying to achieve in the banking space.

I had heard about the massive gains that bitcoin had made over the years and this was what attracted me to learn more about the cryptocurrency market. It wasn't until I experienced my first bull run, did I truly realize how quickly an investment can grow.

Source https://coil.com/p/Ragnar/CasinoCoin-Worth-a-Gamble-/SD_vFlujN

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  • 2 weeks later...
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May 17, 2019 (Singapore) – Leading digital assets exchange Bitrue has added CasinoCoin (CSC) to its platform, opening trading on the gaming industry-focused cryptocurrency.

CasinoCoin was founded in 2014 as a Litecoin fork, but, under new management, switched to its own blockchain based on the XRP ledger in 2018.

https://www.ccn.com/bitrue-opens-trading-on-casinocoin 

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