Edgeless (EDG) cryptocurrency
What is Edgeless (EDG)? If you are familiar with the casino world, you know that there are many problems in this area. Things like thefts give the industry a bad image. In addition, gambling is illegal in most countries, and the government is actively fighting it. However, the casino industry is growing incredibly fast. And some players and developers care about making the experience more convenient for customers. Edgeless is a tool that should make life easier for players. This is not just another cryptocurrency, it is also a virtual casino. With the help of new technologies, it is possible to combat fraud and make gambling safer.
Overview of Edgeless (EDG)
Edgeless was the result of collaboration between players and developers. It was created to change the casino industry and make gambling reliable. Of course, it didn't look like a huge online casino. The story of Edgeless began when a group of enthusiasts created a slot machine with an interesting feature. It was built on smart contracts. Here are the main members of the development team:
- Thomas Draxas. Co-founder of Edgeless.
- Thomas Lukoshaitis. He controls the business process.
- Ignas Mangevicius. He develops systems running on blockchain technology.
Advantages of Edgeless (EDG)
The main idea behind Edgeless is to solve casino problems. The first is the desire to avoid the advantage of a built-in casino or casino. Another significant problem is the lack of transparency. Edgeless has a number of significant advantages:
- It is built on the Ethereum blockchain, which allows the use of smart contracts.
- Each bet is supported by smart contracts. All calculations are made automatically.
- Smart contract technology helps avoid fraud. When using this technology, the bet and the possible outcome cannot be changed.
- Guaranteed payout. The fact that smart contracts protect the staking process means that winners undoubtedly get paid.
- There are many wallets where you can store EDG. In this way, users have the opportunity to choose the most suitable one for their needs.
- Possibility of avoiding the home advantage. We all know that the casino has its own percentage of each bet. At Edgeless online casino, the house edge is 0%.
- Anonymity. Edgeless is committed to protecting the identity of users.
- Transparency. No secrets, everything is visible and under control.
Disadvantages of Edgeless (EDG)
Although Edgeless seems like a great tool, some say it has a number of disadvantages such as:
- Unable to mine Edgeless. EDG was released in limited quantities. Now only the casino administration can decide whether to release more.
- Although Edgeless helps provide players with the best version of the casino, it cannot eliminate all risks. You can still lose.
