NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

A Provable Fair Blockchain Based Casino and Sports Betting Platform

NewsBTC
NewsBTC
7 years ago
2 mins read
decentbet image

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

For the first time in decades, we are getting close to experiencing decentralized betting like never before. With Blockchain technology, the promise of an incorruptible digital ledger for online transactions has become a reality. For this reason, the founders of Decent.bet are moving swiftly to capitalize on the “Internet of Tomorrow.” The team behind this project has realized that the betting scene was lacking transparency, verifiability, and affected with inconsistent uptime. High profit generating gambling platforms owned by single entities are also characterized by running on dated technology stacks. The solution was to create a safe environment to practice community-driven betting.

Decent.bet is a transparent profit sharing sportsbook and casino gaming platform employing decentralized smart contracts on the Ethereum blockchain. The firm’s concept is to provide a long-term solution to allow users from around the world to establish credit in the houses with the DBET token, thereby providing access to sports betting and gambling games while leveraging the blockchain to ensure transparency, verifiability and constant uptime, unlike traditional casinos would.

The users of the platform, that deposit DBETs into the house fund, will generate returns in the Decent.bet ecosystem, with limited interaction while allowing houses on the platform to operate and payout DBET house credit returns transparently and honestly. Eventually, it is expected that Decent.bet returns will attract mainstream adoption of the platform.

The platform will also offer a host of gambling-based casino games which will be made available to the users – making use of off-chain state channels that are verifiable on-chain. The speed and scalability of Decent.bet would combine the user’s experience with high-end gambling platform while bringing the transparency and auditability of the blockchain. This off-chain solution known as state channels both ensure the speed of gameplay is quick and responsive as players would expect as well as reduce gas costs as fewer blockchain transactions need to take place.

Certain games have already taken shape within the platform. Slots testnet was released to the community on 3rd January and has since been in use. As of 15th of January 2018, sportsbook testnet and house testnet has been made available to the Decent.bet community.

During September 2017, Decent.bet successfully closed its ICO. The platform made a total of 205,000,000 DBET tokens available for distribution as a part of the crowdsale. While it has become a trend for other decentralized gambling platforms to primarily use Ether and Bitcoin for their transactions, Decent.bet is making use of specialized ERC20 compliant tokens – DBET – to facilitate gambling and other functions on the platform. The tokens will also be used to buy credits in the house also known as DBET house credit. The development team behind Decent.bet is collectively placing their focus on the testnets to builds the backend technology and ensure it works. This will be very pivotal to enhancing the user experience with great effort being placed on the overall blockchain casino experience and user interface.

Learn more about Decent.bet at – https://www.decent.bet/

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Comments 1

  1. John says:
    7 years ago

    Dbet is the Netflix of the gaming industry. Bringing the gambling exeperience to the comfort of your own home (no more expensive flights, hotels, dinners, taxis,..etc) Transparent odds for gamblers or passive income for non gamblers. Quarterly lotto.

    “WIN-WIN-WIN.”-Michael Scott

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 1

  1. John says:
    7 years ago

    Dbet is the Netflix of the gaming industry. Bringing the gambling exeperience to the comfort of your own home (no more expensive flights, hotels, dinners, taxis,..etc) Transparent odds for gamblers or passive income for non gamblers. Quarterly lotto.

    “WIN-WIN-WIN.”-Michael Scott

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

SpacePay Takes the Lead

Best Crypto Presale in 2025: SpacePay Takes the Lead

Most crypto projects promise big changes but deliver little substance. SpacePay takes a different approach by solving real problems that...

ericdunne519 2 days ago
SpacePay Is Solving the One Problem That Held Crypto Back for Years

SpacePay Is Solving the One Problem That Held Crypto Back for Years: Presale Is On

For a long time, crypto payments have been hard to use. They were supposed to be quick and easy, but...

ericdunne519 5 days ago
Why SpacePay Is the Go-To App for Hassle-Free Crypto Payments

Why SpacePay Is the Go-To App for Hassle-Free Crypto Payments

You’d think by now you could buy a latte with Bitcoin, but nope. It’s 2025, and we’ve had digital currencies...

ericdunne519 1 week ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

青色のプレゼントボックスの上にあるBTC

Bitunixボーナスキャンペーン開催中|最大710ドルの獲得手順

rinsuzuki 4 hours ago
Why SpacePay Is Tipped to Be the Favorite Crypto Coin of 2025

Why SpacePay Is Tipped to Be the Favorite Crypto Coin of 2025

ericdunne519 18 hours ago

Jemlit vs Mystery Box World: Кой е “царят” на мистериозните кутии?

Nikolay Aleksiev 23 hours ago

Premium Sponsors

Press Releases

  • Top kryptoměna ke koupi dříve, než vzroste o 2 200 %, podle Cathie Wood

    Top kryptoměna ke koupi dříve, než vzroste o 2 200 %...

    10 hours ago
  • The smartest way to make money in 2025: Invest in cloud...

    17 hours ago
  • Od Bitcoinu k BTC Bull: Kde leží skutečný potenciál?

    ...

    17 hours ago
  • Bitcoin vs. Gold: Which Is the Best Investment In 2025?

    17 hours ago
  • Profit of $5,735, senior trader uses Ripple (XRP) to open...

    17 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.