[Featured Content] Cryptocurrency users are typically familiar with the loot box model circulating for the last few years. Commonly used in the gaming industry, loot boxes add flair to the in-game purchasing system whereby a user pays to receive items on said game or gaming platform.
A lot has changed since the inception of this concept, and we’re seeing a massive shift from centralized systems with concealed (and often unfair) selection mechanisms created to ensure that “the house always wins” into something transparent; ensuring that the user isn’t just putting his coins into a rigged slot machine.
While the provable fairness algorithm has been around for a while, the Non-Fungible Token (NFT) craze takes this crypto landscape by storm. Even though NFTs do serve great purposes, particularly in the gaming and digital arts fields, they can still be seen as extremely young when it comes to adoption and price discovery.
CoinsLoot: Loot Boxes Done Right
While NFTs have become widel

Czytaj więcej

Źródło: https://cryptopotato.com/coinsloot-provides-provable-fairness-through-decentralized-loot-boxes/