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BetHash is a leading online casino that is based on blockchain technology. The betting platform has introduced some specific new ideology into the ecosystem, instilling confidence and opening up the industry for anyone to become a stakeholder.
Away from regular online casinos, BetHash leaves no room for doubts and suspicion as every process is registered and recorded on the immutable blockchain ledger in a Satoshi-style protocol.
If we recall our initial lectures on Bitcoin and blockchain in general, it won’t be hard to remember that according to Satoshi Nakamoto’s whitepaper, one of the main reasons for creating the protocol was to decentralize power and make every participant equally relevant.
In an industry like that of casinos, where the stakes are usually high all the time, introducing a completely system-reliant protocol that cannot be influenced by a central authority is indeed a new one that is welcome by all.
Listed below are some of the unique features of BetHash:
1. Fairness
Fairness is a trait that is not particularly associated with the reviews of many online casinos. Due to the high failure rate of many gamers, there is a conspiracy theory by gamers that casino owners have a way of manipulating the outcome of events. This mindset is abolished completely by the BetHash protocol.
On BetHash, all transactions are on blockchain and can never be modified. Therefore, the process and outcomes of games are auditable and not controlled by any human being. This is a benefit of blockchain implementation.
2. Transparency
Transparency is a fundamental property of blockchain technology. As already mentioned above, all transactions on BetHash are recorded on the blockchain and can be viewed by everyone in real time. This eliminates every doubt and fear of system manipulation and boosts the confidence of gamers.
On BetHash, what you see is what you get, no foul play and the need for trust is eliminated completely.
3. Passive Income
Passive income in online casinos is not particularly common. The competitive nature of the industry presents a wild wild west colouration to the ecosystem. BetHash has introduced a handsomely paying referral system that rewards users for inviting others to join the platform.
The BetHash community is growing, and the revenue coming into the system is made to go round among members of the community.
4. Dividend Payment
Daily dividends are paid to members of the BetHash community who hold the platform’s tokens, Hash.
40% of the total profit made on the platform through fees charged is distributed among those who hold stakes based on their ratio of holdings. This is a unique feature that transfers part ownership of the casino to community members. Play or no play, a platform user still stands to make good money and earn revenue on BetHash.
Conclusion
The above listed features among others stand out to make BetHash unique and establish its leadership position as a top paying online casino where gamers enjoy the highest level of fairness.
As a matter of principle, personal reward in most cases goes beyond just monetary values and immediate gratification. The assurance and confidence that a system can be relied upon for fair practice is in itself top paying on an emotional level.
A gamer who can be certain that the next time he returns to the platform the rules will still be clear and fully transparent, and the assurance that whatever outcome is fully deserved, is deeply gratifying.
Added to the various channels of passive income, and the primary source of payment through numerous gambling opportunities, BetHash has indeed distinguished itself as a leader in the online casino industry.
Disclosure: This is a sponsored press release
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.