Post
Topic
Board Gambling
Re: Kryptium - A truly decentralised, community-powered betting platform
by
ykaralis
on 22/01/2019, 12:13:57 UTC
Hello World! Meet Kryptium, a truly decentralised platform for peer-to-peer betting, based on Ethereum blockchain technology.
Using Kryptium, anybody can act as a player, house or data service provider!

Downloads: Our betting app is currently available for Windows, macOS and Linux. You can download it from: https://kryptium.io/#try_it

Support: If you need any support or have questions about to how to use the app, you can visit our group on Telegram: https://t.me/kryptium

Smart contracts: Kryptium smart contracts and instructions for deploying your own betting house are available on GitHub: https://github.com/kryptium

News: We will be posting updates about Kryptium here but also on Twitter https://twitter.com/kryptium_io and LinkedIn https://linkedin.com/company/kryptium


I don't think that it is a smart move to set up a casino in the Ethereum network. The smart contract is a good idea but Ethereum is too slow for an activity that needs fast reaction and minimized slack times. What is the point behind your choice of developing your online casino on Ethereum?

You’re right that Ethereum is too slow (at the moment) to support the back-end of a truly decentralized casino, however Kryptium is not a casino! Kryptium is an event-based betting platform, so there is plenty of time to bet before the start of an event and enough time to settle bets after the event ends. Events can be of any kind, such as sports, politics, e-sports or your neighbourhood’s local championship.

As to why choose Ethereum for Kryptium’s betting back-end, it’s because we want the Kryptium ecosystem to be unstoppable! Any local authority can easily block access to a centralised betting site for whatever legal or other reason. However, no authority can block the Kryptium betting ecosystem because it’s truly decentralised and it’s not on a website that can be taken down/blocked at any  time. The only way to block access to Kryptium betting houses, would be  blocking access to the whole Ethereum network 😊.