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How does edgeless (EDG) ensure fairness and transparency in its decentralized casino platform?

avatarajay fundkarNov 29, 2021 · 3 years ago3 answers

Can you explain how edgeless (EDG) ensures fairness and transparency in its decentralized casino platform? How do they prevent cheating and ensure that the outcomes are truly random?

How does edgeless (EDG) ensure fairness and transparency in its decentralized casino platform?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Edgeless (EDG) ensures fairness and transparency in its decentralized casino platform through the use of blockchain technology. By leveraging the power of smart contracts, all transactions and gameplay are recorded on the blockchain, making them transparent and immutable. This means that players can verify the fairness of each game and ensure that there is no manipulation or cheating involved. Additionally, Edgeless uses a random number generator (RNG) that is also recorded on the blockchain, ensuring that the outcomes of each game are truly random and cannot be tampered with. This combination of blockchain technology and RNG guarantees a fair and transparent gambling experience for players.
  • avatarNov 29, 2021 · 3 years ago
    In order to ensure fairness and transparency, Edgeless (EDG) employs a provably fair system. This means that the outcome of each game can be independently verified by players. The platform uses cryptographic algorithms to generate random numbers, which are then used to determine the outcome of each game. These random numbers are publicly available on the blockchain, allowing anyone to verify the fairness of the game. Additionally, Edgeless uses smart contracts to automate the entire gambling process, eliminating the need for intermediaries and ensuring that there is no human intervention or manipulation. This decentralized approach ensures that the platform is fair and transparent for all players.
  • avatarNov 29, 2021 · 3 years ago
    Edgeless (EDG) ensures fairness and transparency in its decentralized casino platform by leveraging the power of blockchain technology. The platform uses smart contracts to automate the gambling process and eliminate the need for intermediaries. This means that there is no central authority that can manipulate the outcomes of the games. Additionally, Edgeless uses a random number generator (RNG) that is based on cryptographic algorithms and recorded on the blockchain. This ensures that the outcomes of each game are truly random and cannot be tampered with. By combining blockchain technology, smart contracts, and a provably fair RNG, Edgeless provides a secure and transparent gambling experience for its users.