Why still cling onto old tech like PoW & PoS e.g. btc & eth? For years, dev are trying so hard but still fail to make it cheap, scalable, and sustainable.
There are many other superior blockchain tech which fundamentally solve the problems mentioned above!
It's the fact that PoW & PoS are energy draining.
Why still use/support these protocols which need an enormous amount of energy just to maintain the ecosystem of these consensus protocols?
Renewable energy or not doesn't matter.
Having renewable energy doesn't mean the need of using it. Why not provide these extra energy to the needy families instead, rather than wasting it to mine.
Resources are wasted to build tons of mining hardware.
With the global chip shortage, mining hardware companies added unnecessary strains to the chip shortage, fighting supplies with other hundreds of important industries such as healthcare and manufacturing.
“CasinoCoin is an open source, peer-to-peer, cryptocurrency specifically designed for the regulated online gambling industry.”
What problems does CSC aim to solve?
Problems:
A) Various regulatory requirements such as KYC & AML etc
B) Complicated, slow, and highly charged transactions
C) The need of verifying players, when shifting between various operators, also the time needed for verification approval
Problem A
CasinoCoin utilizes @XummWallet, which has many built in features like KYC and AML.
This provides a gateway to crypto / fiat gambling market, as it meet the regulatory requirements with ease.