Popularity of Bitcoin and TRX Coin in Betting
Popularity of Bitcoin and TRX Coin are popular these days and are getting more and more fans. If previously online gambling games used money bets as deposits, now betting with cryptocurrency has started to appear. The currencies that are widely used are bitcoin, TRX coin, and others.
In less than ten years, virtual currencies such as bitcoin and TRX coin experienced rapid development. In 2010, bitcoin was only “mined” as an object and was not yet a transaction tool.
The development of bitcoin then began to accelerate when entering the 2013’s. At that time the financial condition was experiencing inflation. It was at that time that the price of bitcoin then experienced a high surge.
Many people initially underestimated the existence of cryptocurrencies. They think that this virtual money is just a joke. However, after seeing a lot of developments in it, crypto currencies have taken a lot of interest, making popularity of Bitcoin and TRX Coin increasing fast.
Popularity of Bitcoin and TRX Coin in Online Betting
Cryptocurrencies currently play an important role in the flow of the blockchain. Blockchain itself means a database system that has a lot of storage in nodes or miners. Its immutable nature or that cannot be deleted and edited is also connected between blocks.
The emergence of this blockchain was initiated by the desire to facilitate the transaction process without creating intermediaries. This is because intermediaries often take advantage of it.
One of the well-known blockchains is Tron. Tron started to increase in 2018. Justin Sun as the founder of this blockchain adheres to the Proof of Stake (PoS) system. This system supports the development of a decentralized application (dApp) for online gaming technology.
So it is not surprising that many application developers have joined here, especially game and online gambling developers. The system offered here is also mutually beneficial between users and developers so that players will feel more secure and comfortable.
One of the advantages of Tron that uses the dApp system is that players don’t have to worry about their money being misused. Here a private key wallet is provided which has a function to control existing funds.
The currency used in this system is TRX bitcoin. The most widely used online game using TRX coin is the 1xBit platform. The use of this type of bitcoin is very popular among crypto currency enthusiasts. Bitcoin online betting become popular too. TRX coin even ranks 12th in crypto assets in the world.
The size of the TRON ecosystem makes TRX coin a good market share. They managed to control a number of funds of up to 1.1 billion US dollars. So it is not surprising that many online game players are involved in using this bitcoin and TRX coin.
In the online gambling sector, the ones that use virtual money the most are casinos. TRX coin and bitcoin are the rulers in this sector. TRX is a center that has a value of 5 billion US dollars in 2019.
Bitcoin and TRX Coin in Online Games
The use of cryptocurrencies in recent times has continued to experience a fairly high increase, and it make the popularity of Bitcoin increase. Many businesses have switched to using this type of currency because it is more efficient.
The digitization of real assets to virtual world assets is indeed interesting in this technological era. Even with online gambling, which uses a lot of digital access. The existence of digital money such as bitcoin TRX coin makes it easy for users to transact.
Popularity of Bitcoin and TRX coin make these become the most crypto currencies. Many online application developers are members of the TRON blockchain because they specialize in gaming and online.
In one day, the use of TRX bitcoin can reach 14 million US dollars to play online. This number certainly beats other cryptocurrencies such as ether. This amount of money is made across multiple platforms that are connected to the TRON blockchain.
So it is not surprising that TRON continues to increase from time to time until now. In fact, they are predicted to be the leading blockchain in online gaming that provides payments with bitcoin and TRX coin.
One of the online gambling platforms that are incorporated in TRON is 1xBit. The system in 1xBit uses TRX coin and is able to match up to 20 other cryptocurrency assets.
1xBit provides attractive offers for its players. They provide gift packages that have a total value of 7 BTC or around Rp. 1 billion. The requirement is for players to deposit funds in the form of TRX or bitcoin as much as 5 mBTC or around IDR 700 thousand.
Read also: Bitcoin Online Gambling Sites Collection
The very rapid development of the digital world makes all changes continue. The world of online gambling with the use of TRX bitcoin is an example of how digitization works.