Any cryptocurrency project relying on smart contract technology may want to have its code audited properly. In the case of FunFair, there are some growing concerns over the project’s alleged “trustless” nature. Although this part of the code is not necessarily used for malicious purposes, it raises some interesting questions regardless. The FunFair Smart Contract […]
The post FunFair’s Smart Contracts Raise Security Concerns on Reddit appeared first on NullTX.
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Online gambling is estimated to be a $50-300 billion dollar business worldwide. Yet while it’s a huge market, the current centralized model poses problems for players, casinos, and others acting in the space. Both FunFair and Virtue Poker seek to fundamentally change this industry through decentralization. If their bets are right, all parties will benefit from a fairer and more transparent way to play. Find out why this industry is ready for implementation on the blockchain in this Merkle exclusive side-by-side interview featuring Jez San, the co-founder of FunFair, and Ryan Gittleson, the co-founder of Virtue Poker. The Merkle: What are each of
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While much of the crypto world remains a speculative market for investments, exciting DApps are emerging on the Ethereum platform. Here are five DApps showing Ethereum is used for more than just investment purposes. 5. Augur – The Predictive Markets Dapp Augur leverages the hive mind of crowds to make real-time predictions using actual money. Since investors essentially bet on their predictions and earn a reward when their predictions are right, there’s a strong incentive to only place good bets. Predictive markets have been shown to be more accurate than individual predictions from analysts and traditional survey polls. Essentially, when you’re asked
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FunFair is one of those blockchain-oriented projects which aims to change the online casino industry as a whole. We have seen cryptocurrencies make some impact on this industry, but when it comes to blockchain, there are still a lot of opportunities waiting to be explored. FunFair has the potential to elevate things to a whole new level. What is FunFair Exactly? On paper, the online gaming and gambling industry has seen a lot of change in recent years. Especially with the shift to digital and online gaming and gambling, a lot of new opportunities have arisen. FunFair wants to make
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