CasinoCoin has announced an enhancement to its current technology, which is primarily designed for the regulated online gaming sector. Peer-to-peer cryptocurrency will launch a significant upgrade by expanding the current blockchain system which should increase its further growth and adoption.
The main reason for this technology advancement is the liquidity of the coin. By increasing it from 40 million to 40 billion, cryptocurrency users and operators will be given bigger freedom in regards to fractioning the coin. Furthermore, a newly established Ripple technology infrastructure gained support from dominant banking corporations due to improved functionality and faster transaction times.
Bitcoin will not be affected by the Foundation’s goals of becoming the number one currency in regulated gaming markets at large extent, considering its great distribution and awareness. Nonetheless, CSC has gathered a new team, whose main tasks will be to raise consciousness about the brand and implement further blockchain upgrades.
Migration to the new technology will be handled manually between November 25, 2017 and February 14, 2018 to ensure maximum security, while staying completely transparent. All users are advised to visit CSC’s homepage and get informed in detail about how the upgrade will be carried out. The team also agreed to answer questions on popular discussion websites, Reddit and Discord.
To keep its customers up-to-date, CasinoCoin will display transaction IDs of processed coins on the webpage, as part of its transparency operations. All coins which do not get processed and moved onto the new blockchain, will be donated to a non-profit Foundation as means of payment for future operations, brand marketing or further development. For this cause, CSC has appointed numerous senior industry professionals including Lee Fenton (Gamesys), Britt Boeskov (Kindred Group) and Sam Hobcraft, (OPL Gaming Group).