Technology upgrade will better position cryptocurrency for further growth and adoption
22 November 2017 (Isle of Man) – CasinoCoin (CSC), the open source, peer-to-peer cryptocurrency designed specifically for the regulated online gambling industry, will initiate a substantial upgrade to its current technology by moving onto a new blockchain that better positions it as the cryptocurrency of choice for users and operators.
There are several reasons behind the move to the new CasinoCoin blockchain. Liquidity of the coin will be increased from 40 million to 40 billion, allowing for greater scaling without the need to fractionalise the coin.
Additionally, the new CasinoCoin blockchain is more technologically advanced, based on the Ripple technology infrastructure which has received institutional support from many of the world’s leading banks. It features additional functionality including faster transaction times, capable of processing up to 1,000 transactions per second.