Der EU-Kommissions-Vize Andrus Ansip hat in seiner Eröffnungsrede zum EU Digital Day die Mitgliedsstaaten zu mehr Engagement bei der Nutzung und Entwicklung von Blockchain-Technologien aufgerufen. Europa müsse weltweit eine führende Rolle spielen. Um dieses Ziel zu verwirklichen, unterschrieben 22 der EU-Mitgliedsstaaten bei der gestrigen Veranstaltung eine Blockchain-Partnerschaft. Diese soll in Zukunft das Engagement gerade im…Der Beitrag erschien zuerst auf .
Thursday, April 4, 2018 – BitStarz player grabs a 19.995 BTC win on Greedy Goblin!
It’s common knowledge that plays host to some of the biggest slot games around, but that’s certainly not all that’s helping this casino make huge waves. The big wins just keep falling, as the action is roaring at the world’s leading cryptocurrency casino. Taking the “Dream Big, Win Bigger” motto of BitStarz to heart, one player has managed to scoop a jaw-dropping 19.995 BTC on bumper-Betsoft game Greedy Goblins!
Betsoft has become a mainstay at BitStarz, as this is a game provider that certainly knows how to create exciting real money slots. Throughout 2017, Betsoft games packed plenty of prize punch, with this only continuing in 2018 if this latest win is anything to go by. Transporting players into a world of magic, trolls, and all things green, Greedy Goblins has certainly caught the attention of players since it went live. Showing that this “greedy” game does have a generous side; one lucky player has been able to sweep a massive prize by spinning its gloriously green reels. The BitStarz member in question pocketed a cool 19.995 BTC – which equals more than $140,000!
The magic certainly comes alive in Greedy Goblins, but if these mysterious looking trolls aren’t for you, don’t worry, as BitStarz has plenty more to offer. Recently named Best Casino of 2017 at the prestigious AskGamblers Awards, BitStarz has edged ahead of the competition thanks to its personal live chat support, booming bonuses, and stellar game selection. Giving all members plenty to play for, it isn’t a surprise to see BitStarz being lauded by critics around the world.
Speaking on the latest big BTC win at BitStarz, Srdjan Kapor (BitStarz Marketing Manager) said, “The party just keeps going at BitStarz. Last week we found ourselves celebrating another big win for one of our players, now before we can even catch our breath we have another one to celebrate. The lucky player was able to win 19.995 BTC, which is worth around $140,000, playing the popular game Greedy Goblins. On behalf of the entire BitStarz team, I would like to say congratulations to the winning player.”
About BitStarz
BitStarz is the most exciting boutique casino in the world, with it going to amazing lengths to change the way that players experience the biggest casino games around. Accepting various leading cryptocurrencies – including BTC, LTC, ETH, and DOGE – along with standard currencies, it has truly never been any easier to place a wager. This online casino clearly remains committed to going the extra mile, as it brings players more than 1,000 games, covering table classics, video slots, classic slots, and even super-charged progressive slots. BitStarz also has a gaming license issued from Antillephone N.V. – based in Curacao – certifying the casino as safe and reliable. Add lightning-fast cashout speeds and all-around personal service into the mix, BitStarz is able to deliver a five-star casino experience that’s helped make it the talk of the industry in 2018!
BitStarz is changing the face of casino play, so to discover more about what this leading name has to offer, please contact Srdjan Kapor at srdjan.kapor@bitstarz.com.
Press Contact
Srdjan Kapor
Marketing Manager
srdjan.kapor@bitstarz.com
This is a paid press release. BTCManager does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. BTCManager is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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Ever since the rise of cryptocurrencies, evangelists, and crypto believers have spoken far and wide of the benefits of a peer-to-peer, decentralized, and globally accepted currency. But, one aspect remains mostly unanswered: The price volatility.
What Is a Stablecoin?
Perhaps the one thing that hinders from being widely used is the considerable price volatility with which it comes. No one would like to buy a coffee with 0.25 BTC one morning, only to realize that it costs 0.15 BTC in the evening.
After such market demand, researchers and developers have floated the idea of a “stablecoin.” Moreover, the world may see the first fully functioning, un-scammy rendition in the summer of 2018.
According to the , “A cryptocurrency is stable in its purchasing power or is at most slightly inflationary as to incentivize the owners to spend their coins rather than holding on to them.”
A currency’s stability defines its rate of adoption and acceptance. And in a potential reality governed by cryptocurrencies, it is necessary to maintain low volatility to ensure all markets function smoothly.
The first step towards creating a stablecoin would be to launch a fiat-backed cryptocurrency, such that the fiat to crypto value remains 1:1, much like . A guarantor would also be required to ensure the issued cryptocurrencies are never more than the value of fiat in reserve.
Although such an approach goes against the ethos of a completely decentralized payment system, it is the first logical step in that direction. For now, stablecoins simply cannot be backed by other cryptocurrencies, due to the above-mentioned price volatility. Such a system would collapse the minute an underlying crypto-asset experiences a loss in value.
Blockchain Startup Stably’s Stablecoin Product
According to the co-founder of , Kory Hoang, “The digital currency economy is in dire need of a medium of exchange that is stable and more importantly, reliable. It also needs a steady value, so it can get past and see new horizons, above its current state.”
Stably’s long-term goal is to introduce a stablecoin, backed by a fiat currency, which boasts organic price stability and high reserve transparency. This goal now seems much more realistic as , the venture capital fund, and accelerator 500 Startups have fuelled Stably with their investment.
In a seed funding round for its stablecoin project, Stably has managed to raise a whopping $500,000.
The firm, founded in 2017, initiated its first round of funding in the first month of January and aims at adjusting the supply of their stablecoins based on the fluctuating prices and securing them to an underlying asset.
and blockchains are the platforms chosen by the firm to launch the coins, with a view of expanding and being operational on various other platforms.
Stablecoins Cannot Be Decentralized
A strong competitor to the current market leader when it comes to stablecoins, Tether, is what Hoang envisions his product to be. He :
“Tether’s first-mover advantage has paid off handsomely, but their dominance probably won’t last forever as more stablecoins start coming onto the scene.”
“Publicly verifiable on-chain transactions” and “quarterly reserve and transaction audits,” are some measures taken by the firm to be completely transparent with the public.
As stated on Stably’s site, the firm thinks that centralization is essential for price stability of stablecoins. This conjecture has naturally made rise a few eyebrows and decreases the luster of this currency for some.
“Our stablecoin derives its organic price stability from a centralized reserve of hard currency (e.g., Canadian or U.S. dollars) in the real world,” Hoang informs, while further establishing his point:
“While it may be true that this removes many aspects of decentralization, it is impossible for a stablecoin to possess organic price stability without actually being backed by a price-stable asset such as hard currency.”
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