Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc.
An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant’s database). It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.
Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.
For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.
Moving to the topic, conventional i-gaming platforms show a lack of real investment opportunities. The main reasons are that there are no dividend payouts, no cryptocurrency payouts, which limits integration. In addition, because they use a system that is neither secure nor reliable, there is no real transparency. Finally, the little change over the years and the scarce evolution show a culture of imitation design without real innovation.
However, the project I’m going to present you is Bitfresh (https://www.bitfresh.win), a community-driven, blockchain-based gaming platform designed to solve the aforementioned problems.
In more detail, Bitfresh (https://www.bitfresh.win/)is the first community-driven iGaming platform where everyone wins. The platform is full of reward systems to give players many ways to win and earn over time.
Bitfresh has not only the main goal of being a community-driven iGaming platform, but also to create a fair and trustworthy environment for both stakeholders and players. The idea is to promote the iGaming industry towards the right direction with transparent gaming.
Bitfresh provides a secure and transparent blockchain-based gaming platform that offers a range of games for interested users. Transparency and fairness are the platform’s greatest virtues unlike current ones that fall far short in both aspects. In addition, the idea is to be community driven, which makes the project more attractive and, its innovative game mechanics will undoubtedly capture a large part of the users.
How it works
BitFresh uses blockchain technology to create a decentralized platform, where gaming processes are efficient, transparent and fair. Using the TRON network, the platform will provide numerous advantages such as low commissions, fast transactions, minimum stakes, non-custodial betting, security, etc. There are several parts of the platform, which are explained in the below table:
The project gives the opportunity to earn BFC tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk Thread here (BTT_Thread_Bitfresh), where you can access the link in order to see what are the conditions to become an early Cowrium contributor and start acquiring tokens.
For more information about the project, you can visit and read their WhitePaper available here (Bitfresh_WP). You can also stay tuned in their official Telegram Channel (Bitfresh_tg). I hope you liked the post and soon I’ll send you new ones.
The Bitfresh token (BFC) is a TRC-20 that is used for smart contracts on the TRON blockchain and is designed for profit sharing and participation.
Tokens for sale: 1,000,000,000,000
Social Media Links
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Bitcointalk username: adriaparcerisas
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482
Tron wallet: TPK1U2GFBNP8ppEiRy4Nu6vJPMafjJ8xxP