GPWA Times Magazine - Issue 57 - November 2023

GPWA AFFILIATE INTERVIEW SERIES Seed Generation: The online casino generates a randomserver seed, which is kept secret. Client Seed: The player generates a random client seed, which is also kept secret. This seed can be set or changed by the player. Game Outcome: The game is played using these seeds to determine the outcome. The server seed and client seed are used as inputs to a Provably Fair algorithm that produces a game result, such as a card draw or a dice roll. Revealing the Seeds: After the game, the server seed is revealed to the player. This allows the player to verify that the outcome was indeed determined using the random seeds and wasn’t manipulated. Verification: By inputting the server seed, client seed, and game result into a verification tool provided by the casino, the player can confirm that the game’s outcome was fair and unbiased. Adding this technology to our site demonstrates our commitment to transparency and fairness in the crypto gambling industry. It empowers players to verify the integrity of the games they play, helping to build trust between our users and the casinos listed on BTCGOSU. In essence, Provably Fair technology is a tool that gives players the ability to independently verify that the outcomes of the games they play are based on chance and not influenced by the casino. This level of transparency is essential for the credibility and integrity of the online gambling industry, especially in the context of cryptocurrencies where trust is paramount. Where do you see the future of cryptocurrency going in the iGaming industry? The future of cryptocurrency in the iGaming industry holds great potential. Cryptocurrencies have already made a significant impact by offering advantages such as faster transactions, enhanced security, and increased privacy for both players and operators. As regulatory frameworks continue to evolve and more players become comfortable with digital currencies, we expect to see the following developments: Increased Adoption: Cryptocurrencies will likely become more widely accepted across iGaming platforms. More online casinos, sportsbooks, and other betting sites are likely to offer cryptocurrencies as a payment option. Enhanced Privacy: Cryptocurrencies provide a higher level of anonymity compared to traditional payment methods. This privacy aspect will continue to attract players who value discretion in their online gambling activities. Reduced Transaction Costs: Cryptocurrency transactions typically have lower fees compared to traditional banking methods. As iGaming operators look to reduce costs and offer better value to players, cryptocurrencies will become even more appealing. Blockchain Technology: Blockchain technology will be leveraged for its transparency and security. It can be used to ensure the fairness of games, track the history of bets, and prevent fraud. Innovative Games: Cryptocurrencies enable the creation of unique and innovative games that are not possible with fiat currencies. Blockchain-based games and decentralized applications (DApps) will continue to emerge. Global Accessibility: Cryptocurrencies transcend geographical boundaries, allowing players from around the world to participate in iGaming platforms without the need for currency conversion or international transaction fees. Regulatory Developments: As cryptocurrencies become more mainstream, regulatory bodies will establish clearer guidelines for their use in the iGaming industry. This will provide more legitimacy to the sector. Player Education: Players will become more educated about cryptocurrencies and blockchain technology. This will lead to increased confidence and adoption. Overall, the future of cryptocurrency in the iGaming industry is bright, with continued growth and innovation expected. However, it will also be essential for the industry to address challenges related to regulation, about A little bit more GeorgeV. He is 39 years old His favorite book is The Bitcoin Standard: The Decentralized Alternative to Central Banking by Saifedean Ammous His site is btcgosu.com Drama image by Ververidis Vasilis/Shutterstock; Thessaloniki image by frantic00/Shutterstock; Pastitsio image by Bernd Juergens/Shutterstock His favorite food is Pastitsio He is from Drama, Greece He is living in Thessaloniki, Greece G P W A t i m e s . o r g 60

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