Wallet

Các loại ví trữ Coin

New Player Beats Crypto Casino’s Winnings Record with $650,000 Session

New Player Beats Crypto Casino’s Winnings Record with $650,000 Session

CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC MAC A new player has just set a record-winning session on blockchain casino Fairspin, withdrawing winnings of over $650,000. The casino keeps all gaming and payments transactions on the public Ethereum blockchain, we can see what happened. Over the course of a gambling session, the newly registered player managed to beat Fairspin’s previous records of the largest one-time withdrawal of 2.5 BTC, withdrawing 101.25 ETH in a single transaction. The user, however, didn’t count his blessings and stop there. They continue to play Roulette Macao and Live Blackjack to win an additional 759 ETH, over $170,000, over the course of that session. His gains kept on piling on until on July 5 the user withdrew over the course of four transactions part of his earnings, blowing the largest one-time payout coming out of Fairspin again with a 250 ETH ($57,000) withdrawal. Between July 7-17, the user would come to withdraw his full gains of 2,731.7 ETH – over $650,800. These were moved over the course of 11 more withdrawals, ranging from 113 ETH to 215 ETH. As Fairspin pays out users …
How One Player Won 1.79 BTC from a Blockchain Casino, and Why Dapps Can’t Compete

How One Player Won 1.79 BTC from a Blockchain Casino, and Why Dapps Can’t Compete

CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC MAC The rise of decentralized applications has been notable. One of the very first use cases of decentralized applications were gambling dApps. These let players gamble on specific games based on blockchain randomizers. In theory, this means players can go on the Ethereum, TRON or EOS blockchain to look into the code of the smart contract behind their decentralized gambling application, to verify whether they’re getting a fair result or not. The experience beats that of a classic casino, where honesty and transparency may be lacking. Decentralized gambling applications use smart contracts to determine how their games work and who wins. This means that while the necessary transparency is there, the excitement associated with gambling in a casino isn’t: the games offered on these platforms can often be dull and unattractive to those trying to spend quality time gambling. As a result, the user experience is often less-than-stellar. Adding to that, these dApps don’t offer basic promotional bonuses to players, significantly limiting their bankroll and potential to earn on the platform. Bonus Packages Matter If you’ve ever played on an online …
What is the Edgeless Casino?

What is the Edgeless Casino?

CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC MAC What is Edgeless Edgeless is a decentralized, smart contract-based casino. The platform will be built on the Ethereum network, meaning that all key operations will be regulated by smart contracts. The Edgeless team proud themselves on offering, not only a 0% house edge, but also the most transparent gambling service on the market. But is it true? Let’s take a look. House Edge Thanks to cryptocurrencies, gambling is now cheaper for the player. Either because of smaller house edges or less rake, it probably never was so cheap to gamble in history. And as far as history is concerned, gambling always existed. Because wherever people gathered, people gambled. Cryptocurrencies also made gambling online an anonymous experience (provided the user knows what he’s doing), and allow for quick and deposits and withdraws with much smaller fees than traditional banking. Edgeless builds up on top of all these innovations, and offers a combined house edge of 0,83% on their Blackjack and Video Poker games, and 0,05% on their Micro Limit Dice game. The House Edge is a term used to describe the mathematical …
How to Place Sports Bets With Bitcoin?

How to Place Sports Bets With Bitcoin?

CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC MAC Online sports betting is extremely popular, and it’s easy to understand why. It’s fun, exciting and you don’t even have to leave your house to do it. However, traditional payment services can eat away at your profits due to their impractical fees. As usual, using Bitcoin it can be much more affordable for the gambler, so we thought we teach you how to do it so you can bet on the winning team with a winning currency! In this guide, we are going to be using Sportsbet.io, which is like the “bitcoin version” of the popular sports bet website bitcasino.io. This website allows you to bet on every sport you can imagine. even CounterStrike. The first thing you’ll need is some Bitcoin. If you are not sure about how to get some, you can check out this guide.  Part 1 – Register an account Part 2 – Deposit If you’re looking for a place to buy your bitcoins,  you can click “Get Bitcoins” and check out one of the exchanges featured by Sportsbet.io Alternatively, you can also send Altcoins through …
How to bet on the House

How to bet on the House

CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC MAC We have all heard the old saying, “the house always wins”. This isn’t just a saying, it’s true. Casinos are profitable business because they always win, statistically speaking. There is something called the house edge, which is the advantage the house has over the player. For example, roulette has the presence of the green squares on the roulette wheel and on the table, giving the house an edge of 5.26% in American roulette or 2.70% in the European version. On online casinos, this edge is factored into the game scripts themselves, giving the house an advantage over the user, which is usually 1%. The popular 999 Dice got his name because of it’s edge of 0.1%, which leaves the user with a fairness of 99.9% – 999. However, these low house edges require the house to play many rounds in order to ensure their profitability. Bitcoin casinos often acquire funding from users and give a cut of the profits to the user. This means that you can fund the bankroll to become the house and always win! This is called the Kelly …
How to Play Dice with Ether

How to Play Dice with Ether

CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC MAC One of the earliest and most popular use cases for Bitcoin is gambling. From simple provably fair dice games to full blown online casinos and sports book, Bitcoin gambling is extremely popular. It helps users circumvent gambling regulations in restrictions. In the U.S. for example, Online Poker is illegal, but the same cannot be said for Online Poker with Bitcoin. That is why it should come as no surprise that the first Ethereum-based gambling websites are starting to surge. Ethereum, however, is much more flexible than Bitcoin and allows developers to create their own gambling applications on the blockchain itself! These are called Gambling Dapps (Decentralized Applications) and they can function even if the website front-end is not active. This is done by creating a smart contract that is programmed to receive bets and distribute the winnings according to pre-specified conditions. These conditions can be internal or external (with the help of Oracles) to the blockchain. This makes the possibilities for decentralized gambling endless. One of the first and most successful gambling Dapps on the Ethereum Network is vDice. What …
A Guide to Using StableCoinsEx, A Unique Crypto Exchange

A Guide to Using StableCoinsEx, A Unique Crypto Exchange

CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC MAC There are now hundreds of cryptoasset exchanges, and the number is growing. Exchanges vary wildly across a gamut of metrics, like order types, KYC/AML regimes, public incorporation, and general trading experience to name only a few. Some seem institutional-grade (because they are), whereas others seem like they were coded up in a garage (because they probably were). And while the exchange highlighted in this article does fall within this multidimensional range of qualities, one unique dimension sets it apart. As the name implies, StableCoinsEx.com trades only two types of cryptoasset: Bitcoin, and stablecoins. The idea seems obvious and inevitable, but nobody else has yet done it. The clear, indeed the only possible objective of such an exchange is to facilitate a sort of arbitrage between different stablecoins, in order to profit from deviations in their prices. Arbitrage deals with market inefficiencies: when an asset’s price is different on different exchanges, it can be bought and resold, or vice versa, on the respective exchanges for a profit. It is thus a very particular form of trading. But here, we are not …
Why the CryptoCompare team has chosen hardware wallets

Why the CryptoCompare team has chosen hardware wallets

CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC MAC As the title says, members of the CryptoCompare team have chosen the Ledger wallet to hold their private crypto holding, including our Head of Content and members of the content team. In this guide, we want to tell you why this is so. The cryptocurrency world continues to evolve and cement itself as a part of the current financial paradigm, we continue to see the emergence of several new software and hardware solutions that aim to improve the security and control users have over their crypto-assets. This is an extremely important facet of the cryptocurrency infrastructure as new users will need to feel safe in order to take full advantage of cryptocurrency. Several companies around the world have been struggling daily to hinder the lives of anyone who illegally attempts to take control of your private keys and coins. To better understand these solutions and what they have to offer, we will briefly discuss some security aspects of current cryptocurrencies wallet solutions. Additionally, we’ll also talk about our favourite solutions to keep your coins safe, the Ledger Wallet and the Trezor …
CRYPOTAG’s New ‘Zeus’ Product: Leaner and Easier Than Ever

CRYPOTAG’s New ‘Zeus’ Product: Leaner and Easier Than Ever

CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC MAC All cryptocurrency/cryptoasset storage solutions exist on a gradient of options. The two poles of this gradient, one could reasonably argue, are convenience on one end, and safety on the other. Wallets stored on the internet, especially in the custody of one or another service – most likely an exchange – are as convenient as most email services, but they are vulnerable to an array of attack vectors by which the private credentials may be stolen. This has happened often and will, no doubt, continue happening as long as people store cryptographic assets online. About in the middle of this range of options are hardware wallets, which are essentially glorified USB sticks loaded with high-security and proprietary software designed solely to store private cryptoasset credentials. While is it presumably quite difficulty to crack one of these, it is definitely not impossible. However, these devices do offer a huge increase in security over exchange or hot wallets while still being quite convenient. On the extreme other end of this range is CRYPTOTAG, who make the hardest and most secure kind of wallet …
How to create and use a Bitcoin Paper Wallet

How to create and use a Bitcoin Paper Wallet

CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC MAC While one of Bitcoin’s greatest achievements is giving users the ability to be their own bank and take control of their finances directly, this ability comes at a cost. In the immortal words of Uncle Ben: “With great power comes great responsibility” This is why keeping your coins on an exchange is not advisable. You’re giving away control of your BTC to a third party and exchanges are known to be “hackable” and given that they hold large amounts of funds, they are prime targets for cyber criminals. However, keeping your funds safe can also be a challenge. While there are hardware wallets that can be used to increase your security, these may not be affordable for everyone. Other cold storage solutions also require a second device. However, a regular piece of paper can come a long way in ensuring that you are in control of your funds and that your private key cannot be reached. Paper wallets are simple. They are basically a private key and public key printed or even written down on a piece of paper. When …
How to Use the Sia Coin Wallet (Sia-UI)

How to Use the Sia Coin Wallet (Sia-UI)

CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC MAC In this guide, we  show you how to use the Sia Wallet. Sia-UI is Sia’s official Windows app. Developed and maintained by the Sia developers, it is the most secure Sia wallet available and it’s also very simple to use. Let’s get right to it. Part 1: Download and install Sia-UI Part 2: Set up your Sia-UI wallet At this point, Sia-UI will likely still be synchronizing with the rest of the network, you can’t use your wallet until this process is complete, so just wait until it’s done. The first-time synchronization can take hours or days, depending on your disk speed and network connection. Part 3: Get your Sia address (In our case we are not synchronized yet, don’t worry, you can see your address without total synchronization) Sia will generate a new wallet address for you every time you click the “Receive Siacoin” button. You will still receive payments sent to any of your previously generated addresses. Part 4: See a full list of your wallet addresses You will be able to see all your previously generated addresses. …
How to create and use a Blockchain.info Bitcoin wallet – Walkthrough

How to create and use a Blockchain.info Bitcoin wallet – Walkthrough

CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC MAC When dealing with Bitcoin, you need to choose the best Bitcoin wallet in order to keep your coins safe. Depending on what you are looking to do with your coins, you should select the most appropriate Wallet. If you are looking to hold your coins for a long time, Blockchain.info is probably not the best option as it is an online-based wallet and even though you are the only one holding the secret keys, it is not the most suited option for those wanting to store Bitcoin for a long-term hold. In this Walkthrough, we are going to introduce the Blockchain.info web-based wallet, give you a walkthrough its options and explain what the best possible uses for this web-based wallet are. What is Blockchain.info? Blockchain.info is the world’s leading software platform for digital assets offering the largest production blockchain platform in the world. Apart from a web-based Bitcoin and Ethereum wallet it also offers tools for developers and real-time transaction data for users to analyze the burgeoning digital economy. The company’s software has powered over 100M transactions and empowered users …
How to use MyMonero

How to use MyMonero

CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC MAC Monero is a privacy-driven cryptocurrency that allows users to make anonymous payments while keeping the same decentralized, immutable and trustless properties of Bitcoin. Monero does this through the use of Ring Signature technology which has earned the coin a place in the cryptocurency world. Using Monero used to be complicated due to its command-line-only wallet. Monero has also released a great full node GUI wallet. If you don’t want to run a full node, however, you can also use the MyMonero online wallet which was developed with the assistance of the Monero Core Team, and is managed by Riccardo “fluffypony” Spagni, a member of the Monero Core Team. Nevertheless, you should understand that using MyMonero comes at a cost: it is extremely difficult for MyMonero to securely deliver its code to your browser. As so, MyMonero advises you to use this wallet to store small amounts only. “For long-term storage of Monero you should create a cold wallet using MoneroAddress or similar”. Part 1 – Create a wallet Part 2 – Login You’ll be taken to your wallet dashboard, where you …
How to Buy Bitcoin With Luno

How to Buy Bitcoin With Luno

CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC MAC It’s never too late to get started with crypto. Especially if you decide to use Luno, a well-established wallet that’s been around since 2013. With headquarters in the United Kingdom, Luno is a secure exchange and wallet that allows users to buy, store and learn about Bitcoin and Ethereum. With offices around the world, Luno provides services to more than 40 countries and operates in a number of emerging markets,  such as Nigeria, Indonesia, and Malaysia. The platform is intuitive to use and features an excellent and solid design. Mobile app versions of Luno are also available for iOS and Android. Though the Luno Learning Portal, you can also learn more about blockchain and cryptocurrencies. Available in several languages, the articles featured are always well-written and researched, providing an excellent source of crypto knowledge. The same can be said about the articles featured in the Luno blog. In the guide below, we’ll show you how to buy Bitcoin using the Luno Wallet. Part 1: How to Buy Bitcoin   This website is only provided for your general information and is …
How to create a Multi Signature Wallet

How to create a Multi Signature Wallet

CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC MAC   One of the biggest advantages to digital currencies is the ability to have programmable money or smart contracts. These are basically transactions that execute automatically given that certain predetermined conditions are met. One of the most basic forms of programmable money is multi-signature addresses also known as multi-sig. Multisignature addresses are like joint bank accounts where the transactions must be authorized by more than one signature holder. This is extremely useful in order to execute transactions where trust hasn’t been established or to create community managed funds. . Today we want to show you how to easily set up a Multi-signature wallet using BitPay app, a supported distribution of Copay, including built-in integration with the BitPay Card. Bitpay does not store your private keys and has an intuitive user interface. However, validation in Copay is centralized, meaning that you have to trust the wallet provided to keep a legitimate copy of the blockchain. Today we want to show you how to easily set up a Multi-signature wallet using BitPay app, a supported distribution of Copay, including built-in integration with …
How to Create and Use an Electrum Wallet

How to Create and Use an Electrum Wallet

CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC MAC Today, we’re going to show you how to create a wallet using the Electrum wallet. Electrum’s focus is speed, low resource usage and simplifying Bitcoin. Startup times are instant because the wallet operates in conjunction with high-performance servers that handle the most complicated parts of the Bitcoin system such as downloading and syncing the blockchain, and broadcasting signed transactions to the network. Electrum is a great light solution for those that don’t want to give up their security. It allows the user to keep control of his private keys and to sign transactions locally without the need to download the blockchain. In short, Electrum is a great tool for those that don’t want to host their own node. So, let’s get started: Part 1: Download and Install the Electrum wallet The seed is a random phrase that is used to gain access to your private keys. (Example: “constant forest adore cookie green weave stop guy fur freeze giggle clock”) Your wallet can be entirely recovered from its seed. For this, select the “restore wallet” option in the startup. Part 2 …
How to make a Bitcoin Offline Transaction

How to make a Bitcoin Offline Transaction

CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC MAC If you’re using it correctly, Bitcoin is as safe as it gets. As long as you are in control of your private keys, hackers have little chance of targeting your specific wallet for a theft, since your private keys are not stored in some central database with others. However, it is still possible to fall victim to attack. Whether someone somehow discovers you have Bitcoin and decides to hack you (which is hard, yet possible) or if you download a virus by accident, it is still possible to fall victim to an attack. If you want to be extra sure, you may want to buy a hardware wallet. These help you keep your Bitcoin safe by keeping your private keys outside of your computer, making them impervious to online attacks. Click here to buy the KeepKey hardware wallet. These wallets can be somewhat expensive, however, and not everyone has the chance to acquire them. So what can you do to ensure more safety? Well, if you have two computers, you can always keep your private keys separated from the internet, …
Coinbase Wallet Wallet Website

Coinbase Wallet Wallet Website

You have already reviewed {{pageInfo.getH1Text()}}. Thank you for sharing with the rest of the community!
How do digital signatures in Bitcoin work?

How do digital signatures in Bitcoin work?

CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC MAC A Bitcoin digital signature and its verification is one of the main key secrets behind the Bitcoin protocol. It allows non-repudiation as it means the person who sent the message had to be in possession of the private key and so therefore owns the Bitcoins – anyone on the network can verify the transaction as a result. But how does it work? The private key creates the public key, which in turn creates the address – and due to some clever mathematics using elliptic curves and modular arithmetic in finite fields the process is achieved. First though let’s remind ourselves of the process.      The sender generates a private key and public key. They then sign the message with the signature and send their public key, the signature and the message to the network (as the network is peer to peer each full node in the network validates each transaction) – The node or receiver then checks using the verification algorithm that the message has been signed by the sender, which can only be done by the holder of …
Back to top button
Sitemap