The main benefits of the LetBet decentralized system

in letbet •  7 years ago 

Nowadays there are different significant problems in the area of online gambling, including an extremely exhaustive process of choosing the games, generating the random numbers and the payout system of the industry itself. However, a blockchain based online gambling system can change and make this complicated process easier. The LetBet platform has decided to use the Bitcoin cryptocurrency because it provides its users with the high level of privacy. Therefore, the players can keep anonymous. Consequently, when a player plays games online through this platform, the chances that his or her transaction will be tracked is extremely small.

There is no need to worry for every participant when he or she plays games with the help of a decentralized protocol because the users cannot be cheated anyway. When we speak about decentralized currency, exchanges look like cash exchanges. Furthermore, while working with the LetBet payment automatic gateway, you can be convinced that all your transactions are carried completely anonymously.

Another important advantage of LetBet platform as a decentralised one is such characteristics as freedom and flexibility. The reason is that this platform is based not on a centralized network of computers but on smart contracts. Also being based on the blockchain system, it gives its users more independence and freedom over their transactions. And it doesn`t matter where you play, you can benefit from this decentralized platform anywhere.

The LetBet platform is at the same time trustless, privacy-protected, anonymous, reliable, secure, transparent and very fast. So, lets consider it in detail. First of all, as for trust, there is no need to trust the system because everything is based on smart contracts. Consequently, users dont depend on either the service provider or game developer or the platform owners. Users win due to their experience and skills in a certain game. Secondly, if we are speaking about privacy, every user shouldnt share his or her private information if he or she doesnt want to do it. The user needs only to create the wallet. Thirdly, it is considered to be an anonymous platform because this platform needs only the bets of its users but no their names, hobbies or other personal information. So, the user just bets, get his or her outcome and becomes rewarded for it.

Then it is a kind of reliable platforms. The reason is that this platform is based on the blockchain technology and is powered by smart contracts. Also, there is no need for the existence of third parties. Moreover, LetBet is also secure, because no one can have the access to your wallet. You just create a private key to this wallet and with the help of it you can bet and win. Furthermore, as for its transparency, everyone including you can see your results and bets. And finally, LetBet is really fast because it provides its users with fast content and service delivery anytime. The Main ICO has already started and will end in about 6 days. So, join this platform and benefit from it!

Website : https://let.bet/
Whitepaper : https://static.let.bet/whitepaper.pdf
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1030446

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