vDice for Decentralized Gambling on Ethereum Blockchain

vDice for Decentralized Gambling on Ethereum Blockchain

In 2012, the Bitcoin gambling industry had just a handful of participants - few sites and a limited number of users. Over the last four years, the ind

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In 2012, the Bitcoin gambling industry had just a handful of participants – few sites and a limited number of users. Over the last four years, the industry has grown from a little-known gambling zone to one of the most sought-after gambling divisions. Today, the industry is decorated by quite competitive market environments that any seasoned gambler would love to be part of. According to gambling enthusiasts, the industry is tipped to experience an incredible growth in the coming years.

The industry players are bringing in some great innovations and developments that are likely to revolutionize the gambling division. For example, vDice has developed a fully decentralized gambling game powered by Ethereum Blockchain. According to the developer, vDice.io is an autonomous entity that owns itself. It lives in the ‘Ether’, executing as code on the powerful Ethereum p2p network.

Currently, the gambling site is operating on the traditional dice gambling platform, but it is running a crowdsale or ICO which is basically a Blockchain token that can allow investors to get involved in Blockchain projects. The token is called vSlice and it can be bought with BTC, ETH or any other major Alt-Coin.

The Ethereum gambling powerhouse is also planning to offer some set of contracts which will represent games on the Dapp. They will also represent investment opportunities, and so investors can spend some Ether in exchange of them. In addition, the gaming company is planning to add other games on the platform and expand it to make it a place where developers can build and host their own Dapps.

As far as playing vDice.io is concerned, we recommend using Jaxx wallet, specifically the browser extension. You need to download and setup the extension, then add some Ether into it and you are good to go. Concerning the betting address, you can have it already on the browser extension, but if it doesn’t appear you can copy and paste it accordingly. This playing method doesn’t require Blockchain sync, so it is super-fast and user-friendly. Another great thing about this method is that you can always access your funds. If you love playing dice and have some Ether to spend, why not try vDice!

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