Quote from: Naida_BR on January 14, 2019, 07:13:51 PM

Quote from: deisik on January 14, 2019, 07:06:56 PM

Quote from: Naida_BR on January 14, 2019, 05:22:54 PM

1. You can gamble in online TRON casinos. TRON casinos act like mining places where you mine their native coins, you freeze them and you get dividend payouts based on the number of native coins you have in your wallet. Mining has to do with wagering

What does mining have to do with wagering here?

And what do you mean by mining their native coins? How is it supposed to work exactly and what do Tron coins have to do with that in the first place? If it is possible with Tron, why is it not possible with Bitcoin, for example? If I got it right, it involves POS staking but I still don't quite understand the economic model behind the operation of these casinos. Can you explain this in greater detail, please?

There are casino dApps in the TRON network that wagering works like mining. To be more precise, the online casino rewards you with its coin for placing bets there. When you freeze their coin, you are eligible to get dividends. For example, you get 500 X coins from wagering then you freeze these 500 and get the respective amount of dividends in TRX payout.
An example of such casino is Tronbet.io you can visit their website and read more about their model.

I still can't grasp why they are doing all this

I know about such apps. Actually, I'm looking into one of them called Endless Games, even though it runs on the EOS blockchain. These fellas promise hefty daily EOS dividends, and methinks it is pretty much the same with Tron here. But what are they getting out of that? Why would they want to pay dividends and even make it a selling point? Does it mean they are themselves staking EOS or Tron coins and rewarding their clientèle with part of the payment they themselves receive on the balances of their clients?