An article on cointelegraph says: Altcoin market continues to gain momentum

Following Ether’s (ETH) rally, the altcoin market as a whole has started to recover. Bitcoin’s stability has provided a strong foundation for altcoins to rebound after a year of stagnation.

Ether price rose from $175 to $240 since the first week of May and it seems that the gradual recovery in it’s price has further enabled the altcoin market to retain its momentum.


Bitcoin dominance slightly decreased in the week. Source: CoinMarketCap.com

Over the past 7-days Bitcoin’s dominance fell from 64.15% to 62.45%, which shows that altcoins have increased in market capitalization.

Earlier this month, traders, like Peter Brandt, forecast that an altcoin season could occur at some point in 2020. The strong performances by leading altcoins, including Cardano (ADA), Chainlink, Tezos (XTZ), and Compound (COMP), has led the sentiment around the crypto market to improve.

How do you think about this?

sir, Here we take the ByteDice game as an example. In each bet, the player will get a random number, which consists of two parts: the hash of transaction when betting, a server seed managed by game manager. ByteDice gets a random seed by making a SHA256 calculation with these two numbers, then make a MersenneTwister with the random seed to get the random number of the game. Players can verify the fairness through Tx Hash of the game in the block browser. The specific game and verification process is as follows：
Step01: The user creates a ByteTrade account and deposit
Step02: The user selects a certain difficulty to play the game, corresponding to different winning probability and odds.
Step03: The user bets, transfers the bet amount to the game address, and the backend service starts to calculate the user’s random number
Step04: Compare the random number of the user with the BET value of the current difficulty. If the BET value is lower, the user wins, and the bonus can be transferred in 1 second.
Step05: ByteDice announced yesterday’s Sever Seed plaintext. Users can verify fairness by comparing Hash

You can learn more here:

Sir,you can watch our demo video here now：https://youtu.be/6FY4WTsX84o

If you need to try it and learn more, please contact our account manager，she will introduce our products to you in detail:
Telegram: https://t.me/kate8806
Skype: katherine_5065
WhatsApp: +1 978 885 3218
Email: hello@bytetrade.io

Sir, maybe you can read this article:

Although as the epidemic recedes, people’s enthusiasm will be reduced to some extent, but
Of course, this is just one of the trends in the development of blockchain games. Under the general environment, the development of blockchain games will become better and better.

Animoca Brands, the firm behind noted NFT-powered games The Sandbox and F1 Delta Time, has reported record revenue amid the COVID-19 lockdown.

Animoca Brands, the firm behind blockchain-powered games The Sandbox, F1 Delta Time, and Crazy Defense Heroes, has reported unaudited revenue for the first four months of 2020 of $7.34 million amid the COVID-19 pandemic.

The first quarter was Animoca Brands’ strongest on record with $4.33 million in revenue, followed by a record month with $3 million during April.

Animoca Brands held $6.08 million in fiat and crypto assets at the end of April. Roughly $770,000 of the company’s holdings comprised Bitcoin (BTC) and Ether (ETH), alongside $1.12 million in various altcoins.

Animoca attributed the increase in its crypto holdings to successful sales involving non-fungible tokens (NFTs) for its titles The Sandbox, F1 Delta Time, and Crazy Defense Heroes.

The experts think that the coronavirus lockdown has fostered a “change in behavior” among many new and ‘born-again’ gamers that will last into the longer-term — with gaming becoming a cornerstone of their entertainment-seeking rituals.

How do you think about this? Did you start playing blockchain games at home because of isolation?

In July 2018, ByteBulls development team announced a new blockchain game plan based on a combination of ‘blockchain + cryptocurrency + gambling games’, which changed the incentive and reward mechanism of the original game, redefined the value and reward system. The ByteBulls team firstly applied this solution to a blockchain wallet — ByteHub and successively launched blockchain gambling game DApps such as Dice, KENO, Video Poker, ByteLotto.


Benefits sharing, Virtuous circle
The incentive mechanism is also more creative and the platform shares more profits with users. Part of the bets placed by players will be given to the holders of BHT (ByteHub wallet Token) through a certain mechanism (such as Staking, etc.). As long as users stake BHT, they can get a dividend that is generated from ByteHub wallet game volume. In this way, users of this platform will be more motivated and confident to use the platform and hold the platform token for a long time, thus forming a benign revenue cycle between the platform and users.

Game on the chain, fair and transparent
ByteBulls has a mature and rich blockchain game matrix. The game process is on blockchain. The multi-factor random number generation algorithm ensures fairness, and the user self-verification function guarantees transparency and fairness. With the high performance of the ByteTrade blockchain, it is able to support the high speed, high TPS and high immediacy of games.

The combination of blockchain technology with games and gambling makes entertainment truly return to its essence. As technology evolves, platforms and users can each get what they want.

Blockchain gambling is booming. Do you want to join this revolution? Now, you don’t need any technical staff to run your own blockchain casino, because the ByteBulls white label On-Chain Games Solution can provide you with all the technical support you need.

An article on cointelegraph states：Bitcoin’s recent price action could relate to miner selling.




How do you think about this?

The reversal of RBI’s banking ban by the Supreme Court in March, followed by the central bank clarifying that financial institutions were no longer prohibited from providing services to crypto-related entities, shows a change in the way cryptos are perceived in India, highlighted Singhal:

“Right now, the proposed draft bill has a low probability of passing. There are smart people in the government who would take the right steps forward rather than just banning cryptos altogether.”

As a more cautious investor, apart from the more well-known currencies such as BTC and ETH, I prefer BHT, the native currency of the ByteTrade blockchain, which has not been issued. However, you can staking BHT in its ByteHub wallet to obtain daily dividends. I think this risk is very small, and makes me have a fixed income every day.

From the discussion in our last article, we know that the combination of blockchain and gambling games avoids the disadvantages of traditional gambling games such as non-transparency, over-centralization and complex payment methods, making blockchain gambling games more open, transparent and easy to verify. More importantly, blockchain’s unique cryptocurrency system makes the payment of games more flexible and fast. In addition, in recent years, the number of online gambling game players has been increasing and the market capacity has been expanding. The blockchain gambling game is booming.

In this situation, some of the blockchain games stand out and start a new era

Satoshi Dice
Satoshi Dice can be regarded as the earliest gaming platform with the concept of blockchain. It has generated about 360,000 game records so far. Users send BCH to the game address to participate in the game. If they win, the bonus will be transferred back. The game’s winning rules are verifiable, fairness has never been questioned, and it is a fair spinach game among players.

Disadvantages of Satoshi Dice
Experience: game speed depends on blockchain speed.
Scenario: Can only be based on web games, no mobile version.
Gameplay: Play only with the Biosafety Clearing-House.

EOSBET DICE

EOSBET DICE is the only phenomenal DApp after EOS main net launch, placing bets through smart contracts on the EOS blockchain. The game reached 600+ DAU within one month after it’s launch with a daily flow of 1.5 million EOS, and ranked the first place in the EOS ecosystem.

Disadvantages of EOSBET DICE:
Fairness: not open and transparent, smart contracts have not been disclosed, the winning rules cannot be verified, and the maximum value of blockchain gaming is not reflected.
Experience: The game often needs to add CPU, the price is high and the game experience is bad.
Gameplay: Only EOS can be betted in the game.
Opinion: Disguised ICO.

ByteBulls on-chain Games

Relying on the superior performance of the ByteTrade blockchain, the ByteBulls team has developed a series of white-label blockchain games, such as ByteDice, Video Poker, Keno, ByteLotto, Slot Machine, Texas Poker, etc. Let we compare the games on ByteTrade blockchain and on EOS blockchain:

From the comparison, we can tell that games based on ByteTrade can support more coins/tokens, have a faster processing speed, more safety and user-friendly, etc.

ByteBulls White Label Game solution could help you launch your own blockchain casino in a shorter time and with less effort. This solution has the following advantages：

Fairness: Truly fair and transparent blockchain gambling game

Drawing on Satoshi Dice, the verification tutorial is open, and users can verify the fairness of the game through a block browser. Here we take the ByteDice game as an example. In each bet, the player will get a random number, which consists of two parts: the hash of transaction when betting, a server seed managed by game manager. ByteDice gets a random seed by making a SHA256 calculation with these two numbers, then make a MersenneTwister with the random seed to get the random number of the game. Players can verify the fairness through Tx Hash of the game in the block browser. The specific game and verification process is as follows：

Step01: The user creates a ByteTrade account and deposit
Step02: The user selects a certain difficulty to play the game, corresponding to different winning probability and odds.
Step03: The user bets, transfers the bet amount to the game address, and the backend service starts to calculate the user’s random number
Step04: Compare the random number of the user with the BET value of the current difficulty. If the BET value is lower, the user wins, and the bonus can be transferred in 1 second.
Step05: ByteDice announced yesterday’s Sever Seed plaintext. Users can verify fairness by comparing Hash

Experience: Speedy, Smart, and Smooth

ByteBulls games realize the fast game speed through advanced consensus mechanism and excellent engineering realization, which are based on ByteTrade blockchain. It can get a game result and send rewards to the user’s account within 3s. Also, the native application operation is smooth.

Gameplay: Support multi-cryptocurrency assets, strong gameplay

ByteBulls easily implements cross-chain anchoring for Bitcoin, Ethereum, CyberMiles, BitcoinCash, Litecoin with the cross-chain mechanism of ByteTrade Blockchain itself. Different from the gateway method commonly used in other projects, the cross-chain of ByteBulls is completely completed in the decentralized network, which is more secure and reliable. Now ByteBulls blockchain games have supported BTC, USDT, CMT, ETH and ERC20 assets and will support more currencies in the future.

Deployment: SDK integration Access, good deploy experience, and small workload

The functions of different modules can be called each other to facilitate cooperation between partners, and arrange function entrances according to business needs. For example, the modules and functions involved in ByteDice games are as follows：

Wallet module — responsible for functions such as account creation, deposit, withdrawal, transfer
Trading module — responsible for decentralized exchange related functions
Dice module — responsible for ByteDice game function

Summary

Blockchain gambling is booming. Do you want to join this revolution? Now, you don’t need any technical staff to run your own blockchain casino, because the ByteBulls white label On-Chain Games Solution can provide you with all the technical support you need.

This is the fact, there are still a large number of people in the world who don't know what is blockchain and what is Bitcoin. Although it has been more than ten years since the birth of Bitcoin, because the concept is too abstract, it is still unfamiliar to most people.

The price of Bitcoin was hovering around $10,000 in February before the coronavirus pandemic led to the U.S. stock market to correct sharply. At that time, analysts expected BTC to pull back as the price had also rejected at $10,500 which is a pivotal resistance level.

Surprisingly, Bitcoin price dropped rapidly as it fell below $6,000, ultimately dropping to a yearly low at $3,600 on BitMEX. This caused mayhem in the cryptocurrency market as more than $1 billion worth of leveraged positions were liquidated.

According to Woo, Bitcoin was positioned for a bull market before the coronavirus pandemic affected nearly all risk-on markets. Woo’s new model, which accurately marked the start of four previous bull runs, indicates Bitcoin is preparing for another uptrend in the near-term.


How doo you think?

The distribution of dividends depends on the game investor, and we will customize it according to the client's requirements. For example, in the dapp game of ByteHub wallet, through staking BHT, users can get dividends including BTC, ETH and other currencies daily.

In traditional games, game players and developers often stand on opposite sides, and one side wants to find the imbalance of the game to earn prestige and enjoyment in the game, the other side is constantly extracting the user’s value by modifying the game mechanism and adjusting the parameters. Users do not enjoy the development bonus of the game, resulting in serious loss of users and the game cannot continue to develop.

Not only traditional games, but many so-called blockchain games also have this problem. However, this problem does not exist when building a gaming platform through ByteBulls White Label Blockchain Games Solution. ByteBulls will issue their own digital currency for the project party and integrate it into the game platform, at the same time part of the game’s turnover will be distributed to the dividend pool. On the one hand, users can buy and stake token to earn dividends, which will bring huge market demand for tokens of the project. On the other hand, users participating in Stake&dividends can enjoy stable annualized returns, which will stimulate users to purchase more of tokens and further stimulate market demand.


In this way, part of the interests of the project party will be highly consistent with the interests of the game community. Loyal players will spontaneously maintain the balance of the game, help the project party acquire users, extend the life cycle of the game, and build the entire community together for profit.

An article on cointelegraph explains the future of tokenization like this：
One of the main reasons tokenization has become drastically more popular in recent years is that it has the potential to increase the core value of the rights through increased utility and liquidity. Tokenized rights can be traded on the market with less friction, increasing the liquidity of the rights. Tokenized rights integrate across systems, allowing limitless integration, and increase the utility of the rights.

This allows for the formation of entirely new asset classes that were impractical or simply impossible to create prior to the advent of blockchain technology, potentially unlocking hidden troves of wealth stored in physical possessions; creating new investment models that can be accessed by anybody; and allowing brands to become far more decentralized entities.

The future of the tokenized asset industry is clear. Anybody or anything with significant potential to accrue value over a fixed period has the opportunity to be tokenized and sold over the internet. This could be anything, ranging from celebrities to online personalities, up-and-coming athletes, brands, companies, patents, and just about anything that has an attributed value.

How do you think about this?



If you want to issuse your own token, ByteBulls can always help you.

For more details:
Website: https://www.whitelabel-exchange.com/
Telegram: https://t.me/kate8806
Skype: katherine_5065
WhatsApp: +1 978 885 3218
Email: hello@bytetrade.io

For the first time, the Lightning Network has truly realized the ideal peer-to-peer cash payment system of Satoshi Nakamoto. It is a channel for Bitcoin to circulate in daily life. I think that in the upcoming bull market, it will greatly promote Bitcoin’s Circulation, thereby promoting the application of Bitcoin in real world life.

In the last 24 hours, the price of Bitcoin attempted to break below $9,270 in a rapid sell-off from $9,400 to $9,240. Immediately after it hit $9,240, BTC bounced strongly to as high as $9,450.



What’s next if bitcoin breaks $9,270 ?

Bitcoin, and even the combination of digital currency and mobile games, must be a big trend in the future.
The blockchain game industry is a huge potential market with a global market share of more than hundreds of billions of dollars. The game itself is digital, so “blockchain + game” is a blockchain project that can quickly land.

You have a great goal, but I believe that although the price of Bitcoin fluctuates, it will not collapse

I think that cryptocurrencies are not only developing in terms of price, but national currencies and derivatives have opened up new prospects for the crypto market.
More and more countries have begun to adjust their regulatory policies regarding cryptocurrencies, and many countries have begun to implement their own central bank digital currencies. CBDC appears on the national agenda mainly because people recognize the potential of cryptocurrencies (especially stablecoins). Organizations such as the International Monetary Fund and the Bank for International Settlements (BIS) have repeatedly stated that the central bank should start developing its own cryptocurrency.

In the future, we can expect to use a global digital currency. In October 2019, the Bank for International Settlements held the first G20 Central Bank Summit to discuss the idea of global cryptocurrencies. In Switzerland, the Bank for International Settlements has established a center with the country’s central bank to develop a single settlement token between the world’s central banks.

All the above facts tell us that the country's transition to digital currency is one of the elements of the next stage of human development. Its appearance is only a matter of time.