For a long time now, the gaming industry has faced transparency and fairness issues, with players not fully trusting gaming operators for game outcomes. Players have questioned the integrity of game outcomes and the security of their in-game assets for various reasons, one of the most obvious being that the operators’s main motive in offering games is to make a profit; therefore, they could do everything possible to ensure they made those profits, even if it was at the expense of players. However, blockchain technology addresses these issues by ensuring that games are transparent, fair, and secure, all thanks to its decentralized and immutable nature.
This article explores how blockchain is changing gaming to make it fairer and more transparent than it was.
Understanding Provably Fair Technology
In simple terms, provably fair is an agreement between the gaming platform and the player that the outcome of the game about to be played will be fair and transparent. When the game begins, a cryptographic seed is generated by the casino and converted to a string of characters different from the original, which will be received by the player. The hash contains the entire game you are about to play. A client seed is provided by the browser you are playing on and is combined with the server seed to determine the outcome of the game. Although you get a hash of the server seed, which contains the entire game, you cannot do anything with the information since it will be encrypted, and the casino cannot change it whatsoever.
Types of Provably Fair Games
There are real-money games that have adopted provably fair standards, such as crash games, dice games, roulette, Plinko, and blackjack.
Crash Gambling Games
Crash games are interactive games where players win by betting on how long a flying object, such as a plane or spaceship, will stay in the air before crashing. Potential earnings are determined by the amount of time you spend in the game. Aviator, Limbo, and Funfair are some of the most played crash games. Because crash gaming is still relatively new, many gamers visit crash gambling sites reviewed by experts to find the best games. According to gambling expert Michael Graw, many online casinos offer crash games along with huge welcome bonuses. The gaming concept of these games was borrowed from traditional games and combined with modern gaming ideas. Crash games typically offer provably fair gaming, drawing in players who like the excitement of crash gaming but also want provably fair results.
Provably Fair Roulette
Provably fair roulette is similar to classic online roulette. The biggest bonus of this game is that the results are always provably fair. Players can enjoy provably fair roulette at online casinos. The gameplay is similar to traditional roulette, however gamblers are able to verify results after each game.
Blackjack
Provably fair blackjack is the same as traditional blackjack. Gamers can enjoy wagering and playing provably fair blackjack at online casinos and wager as they try to get closest to a hand valued at 21. This game, like provably fair roulette, draws in players who enjoy online casinos and want to ensure the outcome of each game is fair.
Whether gamers are playing crash games, blackjack, or a hand of poker at a crypto gambling site, provably fair gaming is a huge benefit for players.
How Blockchain is Making Gaming Fairer
In 2023, blockchain took first place in the top trends expected to shape the future of humanity in 2024. This shows the positive impact it has brought to the digital space, such as making gaming fairer. The following are the ways in which blockchain is making gaming fairer:
Transparent and Immutable Game Outcomes
The transparency of blockchain game outcomes is ensured by an immutable public ledger that records every in-game transaction that takes place. Once a transaction is recorded, it will permanently remain in the ledger. Blockchain technology ensures that game outcomes are transparent and cannot be tampered with. These transactions provide proof of a game’s fairness that can be verified, which discourages cheating and fosters trust among players and operators.
Decentralized Gaming Platforms
Blockchain technology offers decentralized gaming platforms that totally remove the need for a central authority, giving equal control to a network or community of players. Decentralization ensures fairness by preventing any one person or entity from having unnecessary influence over the game. This helps to make sure that no one will be able to manipulate how the game is played or the end results.
Provably Fair Randomness
Unlike traditional or regular gaming, which is dependent on a random number generator (RNG), provably fair games are dependent on blockchain cryptographic algorithms, which ensure that the random elements within a game, such as loot drops or card shuffles, are truly random and fair. Provably fair games have cryptographic proofs that can verify if the outcomes are really fair and random. This fairness creates a level playing field, making sure that all players have an equal chance of receiving rare items or winning in random events.
Secure Ownership of In-Game Assets
Blockchain technology provides players with true ownership of in-game assets, such as virtual currencies or skins, through the use of non-fungible tokens (NFTs). These assets are securely stored on the blockchain, and players can trade, sell, or use them across different games and platforms. This increases the value and use of the assets. Players have full control over their in-game assets, which are independent of the game developer.
Transparent In-Game Wealth
Because it uses an immutable ledger, blockchain ensures that transactions connected to in-game wealth are recorded for all to see in case disputes arise in the future after players trade or sell their assets. This discourages people from trying to commit in-game fraud, scams, or cheating on things like achievements and high scores. Players need to know that they can trust the economic system within the game with their wealth.
Facilitating Secure Payments
The blockchain technology used by provably fair systems makes them especially suited to cryptocurrency casinos because of the decentralized nature of cryptocurrencies. Payments within the game using cryptocurrencies are secure and instant, thanks to the blockchain. Using cryptocurrencies for payments removes the need for third-party payment processors, which reduces transaction costs and increases payment security for players.
Blockchain Technology Downsides
Blockchain has many positive changes that it has brought to the digital world, but it is not without its disadvantages. By design, blockchain is very secure, but it is not foolproof. In the past, hackers have successfully attacked blockchain networks and stolen individuals’ and corporations’ assets. Perhaps merging blockchain and other technologies like AI could address this issue.
Founder Dinis Guarda
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