December 19, 2020

BitBoss Introduces Bitcoin SV Blackjack Game

BitBoss Introduces Bitcoin SV Blackjack Game

BitBoss continues to make breakthroughs in Bitcoin gambling. The gambling service provider has rolled out the first blackjack game to run entirely on the Bitcoin SV (BSV) blockchain, while further offering a new exchange service that allows customers to exchange multiple digital currencies for BSV.

Both of these new features are included in their Dragon BSV Casino, BitBoss’ Android mobile casino service. “Like with our other offerings, every single bet and bet result for our blackjack game is a transaction on the Bitcoin SV blockchain,” said Alex Shore, CTO of BitBoss, in an interview with the Bitcoin Association.

Blackjack’s challenge to blockchain opens up new possibilities

Furthermore, the addition of blackjack will likely bring new users and opportunities to place.“Blackjack is a multi-action game; choosing to buy insurance, doubling, splitting, standing – every action is recorded as a blockchain transaction. This has a ton of benefits because everything is provably fair, you don’t have to build off-chain technology and try to scale it. Everything is on the Bitcoin SV blockchain.”

The challenge of having to record various decisions on the blockchain is bigger than it seems. Each decision will be recorded as a transaction, and BitBoss has to figure out how to deal with the chain limit or the number of transactions in a game before a new block can be mined on the Bitcoin SV blockchain.

However, BitBoss has quickly resolved this by identifying when the player approaches the chain-limit and encompassing it. “We have a limit where we can chain 50 transactions together (which works out to 25 bets), and we can do things where players can move BSV around and we end up where we have many different UTXOs to begin a new chain,” noted Shore. “We might hit the limit on one of these chains, but then we can start another and another.”

“We’ve done a lot of work on this limit, but when it goes away, our system is going to be that much more powerful. Even if a block takes 90 minutes to get mined, it doesn’t matter.’ he added.

“The removal of that limit is massive for online gaming,” commented the CEO of BitBoss Matt Dickson. “It basically completes Bitcoin SV as the ultimate blockchain for gambling.”

BitBoss found a way to record all the action from a multi-decision game like blackjack on chain, opening the door to other multi-decision games that had to be followed to join the offering. Games like Caribbean Stud, Pai Gow, and others may be just around the corner. Soon, the next game we can hope for is slots.

BitBoss also offers Exchange Services

Dragon BSV Casino also makes it simple for customers to enter digital currency and convert it to BSV. By clicking “Acquire BSV” in the app, users can exchange BTC, ETH, TRX, XRP, LTC, XMR, USDT, and USDC for BSV. They will then provided with the current exchange rate for the pair, likely fees, and the final amount of their deposit, which is reflected in both BSV and their default Fiat currency.

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