Tomas Draksas, Co-Founder of Edgeless–World’s First Fully Transparent, Decentralized Ethereum-Based Online Casino
Finding Genius Podcast
Richard Jacobs
4.4 • 1K Ratings
🗓️ 10 October 2017
⏱️ 25 minutes
🧾️ Download transcript
Summary
The main problem of the online casino industry is the centralized nature of their servers. Because these servers are responsible for the random number generation that creates the games, users cannot tell if a casino is cheating its players, making it more likely that they lose against the house.
With the use of ethereum-based smart contracts, the random number generation that is essential for the games will be entirely decentralized, meaning that there is no way for the house to cheat.
The use of smart contracts will also both increase the speed at which the number generation can take place, and allow for the scalability needed to become a success. Offering black jack, dice, poker, and sports betting, the casino is coming soon.
To learn more, or to play once the casino is open, visit www.edgeless.io.
Transcript
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| 0:00.0 | The Bitcoin, Ethereum, and blockchain super conference is coming to Dallas, February 16, 17, and 18 in 2018. |
| 0:09.0 | If you know of a better way to get the latest insider knowledge about crypto to hear directly from the top |
| 0:14.4 | minds in this field. To interact personally with 800 fellow crypto lovers, |
| 0:19.4 | hodlers, investors, miners, traders, developers and founders, then I'd like to hear about it. |
| 0:25.8 | If you don't, then you don't want to miss out. |
| 0:28.7 | Register today for the Bitcoin, Ethereum, and blockchain super conference. |
| 0:33.0 | Go to Bitcoin super conference.com |
| 0:35.0 | and register today as a super early bird |
| 0:38.0 | to get the lowest rates on tickets and hotel rooms. |
| 0:41.0 | That's Bitcoin super Conference.com. |
| 0:44.0 | Welcome to Almost Here, round the corner of Future Technology Podcasts with Richard Jacobs. |
| 0:51.0 | Future Technologies voice to transform our lives for better or worse are the focus of this |
| 0:56.3 | podcast. |
| 0:57.3 | Almost here means these technologies are now here and starting to be used. |
| 1:02.0 | We're just around the corner for Bitcoin to artificial |
| 1:04.9 | intelligence 3D printing blockchain virtual reality and more. |
| 1:10.8 | Hello this is Richard Jacobs with Future Tech Podcast. My guest today is Thomas |
| 1:16.8 | Drus, one of the co-founders of Edgelis, and we're going to be talking |
| 1:20.9 | about what Edelis does. The website is Edgeless. |
| 1:23.7 | I owe. |
| 1:24.7 | Thomas, how you doing? |
| 1:25.7 | Yeah, I'm doing really good. |
... |
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