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Bitcoin Press Release: <\/b>Leading betting casino and sportsbook 1xBit has added support for the top 5 cryptocurrency Cardano (ADA).<\/span><\/i>\u00a0<\/i><\/b><\/p>\n 22nd March 2021, Limassol, Cyprus – <\/b>Cardano (ADA) has been one of the success stories of the 2020\/2021 crypto bull market and has soared into the Coinmarket top 5 over the last few months with no sign of slowing down. As a leader in the crypto betting industry <\/span>1xBit casino<\/span> recognises that the provably secure nature of the ADA token makes it an ideal option for the crypto betting industry and has now added it to the growing list of supported currencies on its online casino and sportsbook.\u00a0<\/span><\/p>\n Much like Ethereum, Cardano is a smart contract platform that was conceptualized by Charles Hoskinson (one of co-founders of Ethereum). Being a smart contract platform, it allows users to exchange money and assets (property, shares, and stocks) while maintaining maximum transparency and eliminating the need for a middleman.\u00a0<\/span><\/p>\n However, what is new and unique about Cardano (and the blockchain technology that it utilizes) is that it has been developed using scientific philosophy and peer-reviewed academic research. It is the first of its kind to make use of \u2018high assurance code\u2019 to standardize, protect, and promote the Cardano protocols. Active Cardano users are awarded in the ADA utility token for their participation on the network.<\/span><\/p>\n How Does Cardano Compare to Bitcoin and Ethereum?<\/b><\/p>\n Satoshi Nakamoto\u2019s concept of Bitcoin was revolutionary when it was first conceived. It was the first cryptocurrency that leveraged blockchain technology to offer a decentralized finance counterculture that did not involve the government or any other middleman. However, the problem with these first generation blockchain(s) was that they did not allow for complex conditions to be added to transactions.\u00a0<\/span><\/p>\n Ethereum sought to resolve these problems by offering smart contracts that improved the utility of cryptocurrencies that utilized blockchain technology. The Ethereum network gave developers the opportunity to create applications that use a programming language running on blockchain.<\/span><\/p>\n To date, it is the most evolved form of blockchain technology that focuses on resolving concerns about scalability, interoperability, and sustainability. This is why Cardano (ADA) offers much promise and may even revolutionize the cryptocurrency landscape.<\/span><\/p>\n One of the most popular uses for Cardano is gambling: betting and playing casino games because of how it has been deemed \u2018provably secure\u2019 (player-friendly mechanism that ensures there is no foul play). That\u2019s why <\/span>1xBit<\/span> is excited to welcome and embrace Cardano (ADA) on its casino and sportsbook.\u00a0<\/span><\/p>\n 1xBit is an online casino & sportsbook where fun meets crypto: the list of cryptocurrencies has already reached 30, including <\/span>EOS, BNB<\/b> and now <\/span>Cardano<\/b>!<\/span><\/p>\n For anyone wondering why they should join 1xBit? Some of the benefits include:\u00a0<\/span><\/p>\nWhat is Cardano?<\/b><\/h2>\n
Probably Secure ADA Perfect For Crypto Casino Games<\/b><\/h2>\n
What are the Benefits at 1xBit?<\/b><\/h2>\n
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