Hybrid sports betting house model. This model combines the trust and transparency of decentralized platforms with the efficiency and ease of use of centralized systems. How do you think this combination will impact the sports betting user experience? Will it increase trust and confidence, or are there potential challenges to be wary of?
Additionally, as blockchain and cryptocurrencies continue to disrupt multiple industries, what unique opportunities and challenges do you foresee for platforms like RITZ Sports Bet in navigating decentralized and centralized worlds?
Let's start a discussion about the potential of hybrid betting platforms in the crypto era. Share your insights, predictions and any questions
Not sure what you mean by hybrid. Sounds more like a marketing slogan, to me.
Either it is decentralized or it is not. There is no 60% decentralized, 40% centralized. If it is in any way centralized, then it is not decentralized. Look at the Binance chain, for example. It is a Proof-Of-Stake chain with 21 validators and 11 of those are responsible for the governance. Obviously those validators will have a strong relationship with Binance. with Even though only You could also call that chain "hybrid" but it would still not make it into something it is not.
Is it truly decentralized? Not to me.