Last Updated: 19/12/2017 - 1:30PM GMT | NEW ANN THREAD HERE What is a Coin Swap?
A coin swap is when a cryptocurrency moves from one blockchain to another.
As the coins on one blockchain may be incompatible with the new one, it becomes necessary to initiate a swap so no users lose out on their coins.
CasinoCoin will be moving to a Ripple-based blockchain (switching from the old blockchain which is Litecoin-based).
This move comes with many advantages, including faster transaction times, increased coin supply,
a bulletproof blockchain technology which is necessary for advanced features such as KYC (Know Your Customer) and AML (Anti Money Laundering).
Why is CasinoCoin doing a Coin Swap?
A new team recently took over the CasinoCoin project and formed a foundation with the aim of creating real world utility for the cryptocurrency.
You can read more about this at: https://casinocoin.org/casinocoin-launches-foundation-in-isle-of-man/
As part of developing real world usage, we believe a new blockchain and larger supply of coins is necessary to achieve our objective.
The new blockchain is based on Ripple technology, which features more advanced infrastructure and results in world-class speed and security of the blockchain.
The larger supply of coins will put CasinoCoin more in line with the scale of the global online gambling market which is estimated to be worth 54 billion by 2020. How to participate in Coin Swap?
CasinoCoin (CSC)
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Crypto Coins News: CasinoCoin Announces Coin Swap
(Link) CalvinAyre: CasinoCoin announces move to new blockchain
(Link) EGR: CasinoCoin appoints Kindred, Gamesys and DraftKings execs to advisory board
(Link) NewsBTC: Senior Executives Join CasinoCoin Advisory Board
(Link) LCB: CasinoCoin Kicks Off In Regulated Gambling Industry
(Link) TheMerkle: CasinoCoin Launches Foundation in Isle of Man
(Link) iGaming Times: CasinoCoin relaunched for regulated operators
(Link) SBC News: Double C Foundation seeks to bring crypto into play with relaunch of CasinoCoin
(Link) Inter Game: CasinoCoin relaunched for regulated igaming operators
(Link) Totally Gaming: CasinoCoin set for relaunch courtesy of the Double C Foundation
(Link) 22 November 2017:
CasinoCoin announces coin swap (Link)2 October 2017:
Senior executives join CasinoCoin advisory board (Link)19 September 2017:
CasinoCoin launches foundation in Isle of Man (Link)Last Updated: 19/12/2017 - 1:30PM GMT | NEW ANN THREAD HERE