Online Litecoin Dice
Litecoin is a cryptocurrency that follows the in successful footsteps of Bitcoin. There are a few differences to Litecoin, but as for being a blockchain and utilizing decentralized features, these currencies are the same. The decentralized feature means that Litecoin has no owner and is not controlled by a bank or any other company as it depends on the users worldwide. Therefore, it is much safer and completely anonymous, giving users complete control.
One of the primary differences between Bitcoin and Litecoin is the amount of “coins” created. Bitcoin has been capped at 21 million while Litecoin strives to reach 84 million, making it bigger than Bitcoin, but also causing it to take longer to gain value. However, there are many other important aspects that come into play with the value of these coins, which we won’t get into right now.
Those who wish to purchase Litecoin will need to do so using an online wallet. This is where your purchased coins are kept and can be traded or used at various online establishments. The wallet is your online ID as it’s used to send cash or allow others to send Litecoin to you. Those of you interested in using Litecoin at online casinos will require one of these wallets to fund your casino account and request withdrawals. Many wallets are linked to your bank account, meaning when you decide to sell your Litecoin, the funds are sent to your bank account with your preferred currency, such as USD, EUR, GBP, or others.
About Litecoin Dice Games
There are many casinos that accept Litecoin and other cryptocurrencies to provide players with an incredible gaming opportunity. Many of these offer libraries that consist of various video slots, table games, video poker, and much more while others have focused their attention on only offering players provable fair gaming opportunities such as the latest dice games.
Dice games that have been created for these currencies offer players an added advantage when it comes to safety and fairness as a hash and seed system is used. Therefore, the first range of casino games have been created that allow players to prove that fairness forms part of each round played. These benefits aren’t available for regular casinos that use international currencies as they don’t operate on the decentralized platform and blockchain, giving players with Litecoin the opportunity to enjoy the latest games and fairness.
The available dice games provide players with instant winnings that are determined by the value rolled instantly on dice that have up to 100 sides. Some games use fewer numbers, such as those that only have two dice and a total of twelve numbers. Both these games deliver great rewards and a house edge ranging from just 1% up to a maximum of 2.5%, once again offering a higher payout rate than just about any casino game currently available.
Fair and Accurate Results
With each round played, the game sends a seed to the player that is also known as the hash. Once you press play, a seed is generated from your account as well, which needs to be matched with the code sent from the game to ensure no tampering has taken place with the result of the game.
To ensure fairness, players will find a verification process available on the game itself where these codes can be entered. Once you press verify, the software will confirm these codes are in fact a match and not duplicated in any way, which ultimately ensures a trustworthy and fair result.