The Incredible History of Bitcoin Dice
June 8, 2016
There has been a lot of controversy within the Bitcoin community regarding the origin of dice games on the network, despite their popularity. Dice games command some of the biggest bitcoin wallets by value, but many argue that original dice games were designed as a DDoS attack on the network. If they were indeed part of a planned attack against the network, the result was a flourishing entertainment industry based solely on bitcoin, which allows for the fairest bets out there.
DDoS Dice Claim
It all started with Satoshi Dice in 2012. According to the bitcoin wiki, this game was designed to create spam transactions on the network, since the transfers and payback had no true purpose. The sheer amount of transactions coming into and going out of the wallets associated with the dice game pioneer, have the potential of slowing down the Bitcoin network to a point to which it could be considered a DDoS attack. However, many would argue that game operators and players, pay the required fees, making the transactions completely legitimate and legal.
Bitcoin Dice Games Evolve
The early success of Satoshi Dice took everyone by surprise. Those of us who look for entertainment on the web, couldn’t possibly be drawn by such a simple game that you could literally let your computer play for you, so you could go do something fun in the meantime. But there were so many people interested in dice games on the Bitcoin network due to the incredible winning odds that others stepped in and started programming more appealing games. Satoshi Dice itself underwent a few face lifts that made it more appealing, but now it has a lot of competition.
More Then 15 Brands
Nowadays bitcoin dice enthusiasts can take their pick out of the more than 15 dice brands available to them. The principle of the game is the same. Bitcoin anonymity is kept by the providers, and the winning odds are the best of any other online casino game available. Bitcoin dice games also have a provably fair element that lets players check the fairness of each roll. This feature lets the players check that the game is not being manipulated by the providers.
Bitcoin Dice Legacy
Nowadays bitcoin dice enthusiasts can take their pick out of the more than 15 dice brands available to them. The principle of the game is the same. Bitcoin anonymity is kept by the providers, and the winning odds are the best of any other online casino game available. Bitcoin dice games also have a provably fair element that lets players check the fairness of each roll. This feature lets the players check that the game is not being manipulated by the providers.
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