TRON reignites optimism around cryptocurrency gaming

A cryptocurrency founded by a 29-year-old Peking University grad and Jack Ma protégé has emerged at the centre of a decentralized online gaming movement which is seeing thousands of users gamble tens of millions of dollars per day. TRON, a blockchain founded by Justin Sun, facilitates nearly instant and ultra-low fee transactions of TRX, a cryptocurrency with a market capitalization of more than $1.2 billion. And over the past few months, online casino has become its central use case, with numerous operators offering TRON-based gaming products. These casinos are fully decentralized and built upon the TRON blockchain, rather than traditional servers. Wagers are processed automatically by smart contracts and cannot be modified by either the operator or the user. Each individual transaction can be verified on the TRON blockchain, ensuring games are provably fair. Strong communities have built up around the most successful of these casinos, not least because many reward players with...

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