Just recently news.Bitcoin.com reported on the Chainbet protocol created by the developer Jonald Fyookball, designed to add trustless betting features to the Bitcoin Cash network. Following the launch of this concept, the Openbazaar developer Chris Pacia messed around with the idea and completed the first on-chain atomic bet. Now, this week the Chainbet contributors Fyookball, […]
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On Saturday June 9, the founder of the bitcoin cash-centric wallet Electron Cash, Jonald Fyookball, revealed that he had created an on-chain betting protocol called Chainbet. The 255 lines of code form a proposal that allows a simple coin flip type of bet, but the software could be designed to handle more complex on-chain betting […]
Even though major cryptocurrency protocols such as Bitcoin and Ethereum already offer a wide range of features, there’s always room for more competition. The Kyber Network is a great example of this, as their protocol is based on Ethereum for the most part. However, their focus is very different, as the main bread and butter involves instantly exchanging and converting digital assets and cryptocurrencies alike. It is an ambitious goal, but there’s no reason to think this project cannot succeed in the long run. What is Kyber Network Exactly? As mentioned before, Kyber Network has nothing to do with ICOs
LetBet will issue its cryptocurrency named LBT to enable a decentralized, trustless, and fast online gambling protocol powered by blockchain.