Connect with us

News

Why You Need to Understand Solidity to Invest in Blockchain – by Fueled.NYC

Published

on

In the cyber world of bitcoin, Ethereum is often thought of as a competitor. However, that’s not exactly correct. Ethereum is indeed used for transactions similarly to Bitcoin but is much faster and less expensive. Ethereum provides an amazing smart contract functionality. The PCP Ethereum cloud is used to run blockchain apps. The idea behind this type of blockchain development for everybody to be able to create and execute their own apps easily. Smart contracts are a specific type of app which is written using the programming language, Solidity.  These run atop the Ethereum Blockchain. What’s so great about Smart Contracts? They can be used for designing nearly any type of program whether it is for a financial institution or to creating a betting app. A smart contract can be used for anything involving transferring a value.

In Solidity, just like other computer languages, a smart contract consists of numerous functions. These are triggered by events. The function then transfers value or another pre-defined event in a separate smart contract, or it can interact with online information. Of course, the significant difference in smart contracts is the concept of multi-signature. In a perfect democracy, a good analogy would be voting where every user of a contract is allowed to vote for A or for B, and if there are enough votes for A then function A is “called.” Otherwise, B function would go into action. Ultimately, this is the projection of a social process incorporated into blockchain and intended for reaching a consensus for a fact.

 

Blockchain and Solidity Development

To better understand blockchain development, it’s important to gain a workable understanding of Solidity. The simplest definition is that it is a static-type programming language. C++ and Java are also statically-typed programming languages meaning they go through a process of enforcing and verifying the different limitations and constraints of type.

Solidity development began to create smart contracts which are executed through the Ethereum Virtual Machine or EVM. The best explanation is that it is a specific language which initiates smart contracts, processed them and verifies them. It’s a process which can’t be refuted or reversed.

 

Investing in Blockchain Technology

A good understanding of Solidity can help those who want to invest in blockchain technology or potentially make other investments in cryptocurrencies. Solidity is used to create smart contracts. But, what does that mean? Simply put, a smart contract exists between two people, such as a buyer and a seller. However, there is no currency needed to initiate a smart contract. Perhaps it is files or data that is transferred to execute a smart contract. The most important thing to know is that once a smart contract has been executed, it cannot be revered. They make up part of the network of blockchains. Once they are in place, they are permanent.

If you desire to get involved in blockchain, it’s best to learn more about Solidity and then branch out from there. Once you understand the language and actions of Solidity, it’ll be easier to make investment choices on blockchain. Blockchain development is only going to widen from here, all that’s left is to decide if you want to be a part or not.

Continue Reading
Click to comment

Leave a Reply

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

News

Viva Las Vegas, the new video slot by Red Rake Gaming!

Published

on

Viva Las Vegas, the new video slot by Red Rake Gaming!Reading Time: 1 minute

 

The game developer based in Valencia (Spain) has launched a new 5×4 reel video slot where music, fun and entertainment are the real stars of the show.

With this new launch, Red Rake Gaming aims to give players the genuine Las Vegas atmosphere. Lively music that just makes you want to sit down, play and enjoy. An attractive design and a seemingly endless string of incredible prizes make for maximum gameplay enjoyment.

This new video slot adds an original bonus feature with its heart gauge sidebar where players will receive free spins when achieving 4 or more straight respins, as well as having the opportunity to multiply their prizes.

During the Free Spins Bonus feature, the featured “Viva Las Vegas” symbols – inspired by the legendary sign welcoming visitors to the city – will operate as Wilds, offering even more prizes in turn.

Come, enjoy and remember… Anything can happen in VIVA LAS VEGAS!


Source: European Gaming Media

Continue Reading

News

BetConstruct brings its latest enhancements to G2E Vegas

Published

on

BetConstruct brings its latest enhancements to G2E VegasReading Time: 2 minutes

 

BetConstruct travels to the byword of gambling and entertainment, Las Vegas, to impress all the top figures and decision makers of the industry in the US with its market-leading products.
As the doors open up for online sports wagering in the United States, BetConstruct joins G2E Vegas, a critical event for all companies in the igaming industry. This year at Stand 4818 we are proud to show an even wider line-up of our products which have not been featured in the US in the past.

“The key for BetConstruct at G2E is to show the immense capabilities of our products and our team and to show our commitment to the US market,” comments Jonathan Aiwazian, BetConstruct Regional Director in the US. “We are looking to make big moves in the US market for the rest of 2018 and into 2019, and the plan is to use G2E to ignite some of these plans. With all the leaders in the industry in one place, we will look to exchange ideas and strengthen our path forward.”

Due to the recent changes in the US legal landscape and the intense demand by land-based casinos to get their hands on sportsbook technology, Sportsbook is in the center of the attention. BetConstruct being a veteran in the European sports betting market, will eagerly show off its new American view of Sportsbook tailor specifically for the market.

With our huge library of live match betting choices, we are looking to educate the US market on the excitement of in-game betting, which has become so popular outside the country.

Live Casino have also shown to be quite popular in the states. We look forward to display our Live Studio solution featuring real-life croupier as it presents an amazing opportunity to unearth new players and new revenues. So does our Fantasy Sports software which met a huge appeal during World Cup 2018 enhanced with Tournaments mode and redesigned interface.

Register Button


Source: European Gaming Media

Continue Reading

News

iSoftBet partners up with Betsoft

Published

on

iSoftBet partners up with BetsoftReading Time: 1 minute

 

iSoftBet continues to position itself as a market-leading casino content provider with another major games developer integration.

The company’s Game Aggregation Platform (GAP), which already boasts over 2,000 titles from 35+ providers, will now see the likes of Stampede, Legend of the Nile, SugarPop! and recently launched Dragon Kings added to its offering following the integration of the complete suite of Betsoft games.

The integration means operators on GAP can access even more blockbuster content across desktop and mobile, and distribute a wider portfolio content among their players in regulated markets such as Romania and Italy.

Michael Probert, Chief Commercial Officer at iSoftBet, said: “As we continue to strive to build a large, high quality network of games provider partners, it was imperative that a deal be struck between iSoftBet and BetSsoft.

“Our operators in Italy and Romania particularly have been awaiting this partnership and we’re excited to be able to provide them with the Betsoft suite of games via GAP.”

Annamaria Anastasi, Marketing Director at Betsoft, said: “This is an exciting development for all concerned. We are delighted to be delivering our games to operators via iSoftBet’s Game Aggregation Platform.

“This opens up new doors for Betsoft as we continue to expand into new markets around the world. With our newly acquired Romanian license and continuous growth in Italy, this partnership made perfect sense.”

Alongside its popular Game Aggregation Platform, iSoftBet has built a formidable reputation for designing and developing some of the most popular original and branded slots and table games in the market.

The supplier’s latest release, Hot Spin, has been a major success with operators and players alike and is available for all key regulated markets including the U.K., Portugal, Romania, Denmark and Lithuania.


Source: European Gaming Media

Continue Reading

Trending

%d bloggers like this: