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Blockchain and cryptocurrency technology is spreading to a wider market, covering more areas of activity. The cluster of blockchain games and crypto games is actively developing, allowing you to earn good payouts in an easy, entertaining way.
Although blockchain technology has several main connotations, depending on the field of use, some players still do not see a big difference between these game formats.
That is why we are going to explain in more detail the concept of blockchain and how this technology can be used in various fields of activity. We will also answer the question of what exactly is the difference between crypto games and blockchain games.
More about blockchain
Blockchain is a large database. And its main feature is immutability. That is, information that has become part of a block in the blockchain cannot be changed or deleted. Blockchain is actively used in the cryptocurrency and decentralized transactions segment. However, due to its convenience, this technology has organically adapted to the gaming segment.
The main task of blockchain gaming is to use it as a distributed customer database and protect all information. This will include your game progress, various digital items, objects, and other tokenized assets.
Integration of blockchain methods allows the creation of a secure and transparent decentralized space for your transactions. Players independently manage their virtual objects and assets, rather than transferring them to the ownership and storage of a specific central server.
Blockchain technology in the gambling sector
Online casinos that support the idea of blockchain and cryptocurrencies have a chance to become leaders in gambling offers in the future. Such platforms operate based on a decentralized system that can offer several significant advantages:
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Safe and secure transactions when depositing or withdrawing funds.
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Good transaction speed.
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Low transfer fees. And given the active use of deposits in online casinos, this point will be a significant advantage.
Players don't need to study the characteristics of each online casino to choose a quality platform for their leisure time. Projects such as BitcoinCasino.info regularly update their analytics on the leading online crypto casinos. The team carefully selects representatives and compiles a list of the top operators. All you have to do is choose which platform you want to spend your time with.
Crypto gambling and blockchain role
Every day, the popularity of cryptocurrency gambling is growing, attracting more and more people. This is understandable given the advantages that cryptocurrency wallets can provide in terms of usage. Moreover, cryptocurrencies can be used not only to play storyline slots but also various arcade mechanisms, for instance, a popular game for crypto like Plinko.
Nevertheless, online gambling still has some risks that can significantly spoil your leisure time. This is where blockchain technology comes in. Its role in the gambling industry is hard to overestimate, as it is a good opportunity to create a truly safe, secure, and transparent system for online gambling.
What is the difference between blockchain-based games and crypto games?
The main idea behind blockchain gaming is to take control of your information away from gaming companies and return it directly to players. Each player can have full control over their accounts and digital assets. This makes it possible to trade these assets freely at any time. Blockchain games use a special decentralized space that allows you to own your items, assets, and game accounts.
This category is still quite loose, as most modern games are presented using centralized management models. Such that link your profiles to a specific server and store information there.
At the same time, these servers will be managed by game administrators. Therefore, the entire database will be owned by one company, which makes it impossible for anyone to solely own accounts and game items.
In addition, users of centralized servers often face problems such as server outages for technical reasons, hacker attacks, unfair blocking of game profiles, etc. Blockchain mechanisms are designed to solve these and other problems.
The main advantages of blockchain gaming
The main advantages of blockchain games include:
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Real ownership. These games allow players to have permanent ownership and full control over their gaming assets. Each such asset will have the form of a separate token (NFT). And blockchain allows you to track their originality.
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Decentralized marketplaces. Games that use blockchain at their core allow the creation and management of decentralized marketplaces. This allows you to freely manage your digital objects, buy, sell, and exchange on a peer-to-peer basis.
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Financial optimization of payments. Blockchain games offer users easy payments and low transaction fees, which will be a valuable advantage, for example, when playing betting games.
In general, blockchain allows the creation of distributed and transparent open-source game servers. And the distributed nature of the blockchain environment limits the ability of hackers and fraudsters to disrupt the game.
Why do people confuse the concepts of "blockchain games" and "crypto games"?
The concept of blockchain is represented in various fields. In particular, it is actively used in the cryptocurrency sector. Therefore, users with only superficial knowledge of the topic, often confuse these concepts and consider them synonymous.
However, it is worth remembering that blockchain games focus on the development of decentralized networks with free sole ownership of digital objects.
At the same time, crypto games have certain advantages due to their method of depositing funds. Although each of them will bring you the pleasure of playing and the security of all personal data
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.