Friday, January 26, 2018

What is Provably Fair System

provably-fair-gamblingProvably Fair enables online casino players to verify the fairness of each hand played by themselves. Thanks to Provably Fair system, no one can possibly manipulate the outcome of a specific deck until the results are generated. Bitcoin casinos that use Provably Fair system allow players to see how outcomes are based on the gambler's input and a secret number that is disclosed and changed for every round in every game. This allows players to verify that the game outcome was played fair. The advantage of a provably fair system is that third-party certification and auditing is unnecessary. Results of bets for which the outcomes are mathematically predetermined are harder to scrutinize and thus the system provides a higher level of trustworthiness to a gambling operation. Hashes: A long string of characters derived from the blockchain. This is a mathematical problem that is extremely difficult to solve However if it was solved it would give you the data it hashes. If a solution is presented it is easy to backward test it to see if the solution is proper or not. Hence hashes are hard to solve yet simple to verify. Seeds: Extra data (a string of characters) applied to the hash which modifies what it hashes. Provably fair casino games The provably fair way to do this is Step 1: The site shuffles the deck as normal. Step 2: The site provides you with a hash of the shuffle. Step 3: You provide a random seed, manually or automatically generated, that the site cannot see or predict. This is done client side in your browser, not on the site's server. Step 4: Your seed changes the shuffle to something neither you nor the site can have known. This is the online equivalent of cutting the deck to the dealers shuffle. Verification part 1: After the hand is dealt the initial deck is laid out and you can check that the deck started out as the hash the site provided indicated. Verification part 2: The final deck is laid out so you can check that the initial deck was changed in accordance with the seed you provided. If these are both the case then there was no funny business and you have just played a provably fair hand! If you are a visual learner these concepts are displayed with pictures here or a more detailed and technical explanation can be found here. The same applies to games that require a random number such as roulette. This can all happen in the background without you realizing it or you can use third-party online tools such as a quick hash. If you are cryptography and code literate you can check it for yourself by following these instructions. If that is not your idea of fun then you could rely on independent trustworthy experts that have done the verification for us. But then we are back to trusting someone which is what we are trying to avoid.

Tuesday, January 23, 2018

Litecoin Glossary

Litecoin (LTC)– This cryptocurrency was the first fork of Bitcoin,
The differences :  transactions are confirmed approximately four times faster than Bitcoin.Li4tcoin uses Scrypt encryption vs Sha 256
 Litecoin was created in October 2011 by a former Google employee named Charlie Lee. Litecoin has been a success since its inception and currently has a $2.5 billion market cap, with 51.9 million coins worth around $5 each in circulation. Litecoin hit a high of $55.46 per coin on July 5, 2017, before pulling back, although the overall trend is higher for the digital currency at this time.

Best Litecoin Blackjack Games

For decades, blackjack has been the most popular game on casinos worldwide. It generally takes up more tables in the pit area, employs more dealers, attracts more players and spectators than any other table game. When it comes to online casinos blackjack is still the favorite game among players.
Nowadays litecoin adopted by the leading cryptocurrency online casinos Litecoin owner can choose to play live blackjack games or 3D animated provably fair using their litecoins.
All the Litecoin blackjack games are compatible with any operating system or device.
The registration is completely anonymous and requires only an email address.
Here are the top destinations to play blackjack with litecoins {LTC}

Blackjack Rules

your goal in blackjack is to get a hand total come closer or even to 21 compared to the dealer's hand, or to  if you go over 21 your hand loses

You draw cards, add them and decide when it’s too risky to ask any more cards.

These are the card values:

Aces = 11 or 1 (your choice)
Face cards = 10
Numeric cards = their numerical value.
A Player’s Choices in a Hand
Stand: When you choose to stand you’re you will not be dealt additions card, and you let the dealer complete his hoping he will go over 21.

Draw: When you choose to draw you’ll get one additional card. After that, you can decide whether or not you prefer to stand (unless your card total has exceeded 21.)

Split: When you get a pair of your first two cards you’re allowed to split them thus creating two hands. When doing this, you have to match your opening bet so that you have two hands with equal wagers.

Now, you play these two hands parallel just as you would have if they were your first two cards.

Double down: When you double down, you double your initial wager and get one, and only one, additional card.

Doubling is an excellent choice when for example the dealer has a six, and you have ten or eleven. The chances are good that you’ll get 20 or 21 (a lot of cards are valued 10.) Also, if the dealer receives two high cards, he’ll bust.

Insurance:  t Insurance is basically a side bet you pay when the dealer gets an ace as his first card.

If the dealer gets blackjack and you got insurance, you’ll break even. .

you should hit his hand if:

Your total is lower than twelve.
Your total is between twelve and sixteen, and the dealer shows a card between seven and ten.
He holds a “soft 17” (e.g. ace-six), and the dealer shows a card between seven and ten
You should stand if:

Your total is higher than sixteen.
Your total is between 12, and 16 and the dealer shows a card between two and six.
Other strategy tips:

You should split pairs of aces and eights
You should not divide pairs of tens and fives or sixes
you should double down if his first two cards total ten or eleven, especially if the dealer shows a card between two and six.
Players can practice these tips by playing free blackjack online.  Most online litecoin blackjack offer “fun coins” games to allow new players to become familiar with the blackjack software, graphics, and pace of the game.
Live dealer litecoin blackjack is usually not available in "fun mode."

Once you get the feel of the game, he can play blackjack on your litecoin and start winning cash right away.

Best Litecoin Blackjack Games

For decades, blackjack has been the most popular game on casinos worldwide. It generally takes up more tables in the pit area, employs more ...