What is Edgeless? Edgeless (EDG) is a decentralized casino application based on smart contracts built on the Ethereum Blockchain. cryptocoin.com In this article, we have answered the questions such as what is Edgeless, what it offers, what is EDGE, what is it for, how to get it. Let’s take a look at this project, which is recreating the gambling industry with Blockchain technology.
What is Edgeless?
Edgeless is a decentralized Blockchain platform that allows people to gamble based on smart contracts. This platform is built on the Ethereum network and uses its smart contracts. Accordingly, the smart contracts in Edgeless determine the rules in the games. Prizes and penalties are distributed according to these rules. Smart contracts basically consist of algorithms that work with certain codes. For this reason, situations such as bribery and cheating that spoil the games are not in question on this platform.
What does Edgeless offer?
Edgeless developers aimed to make gambling with the platform much cheaper and accessible. Thanks to blockchain technology, gambling is extremely cheap on Edgeless. Even users who do not have very high funds can play games on the platform. However, EDG is a highly transparent Blockchain platform. In other words, every individual user in the casino can see what is going on. With this transparency, the platform builds trust among users.
One of the features of EDG is 0% house advantage. This means that the games will be played based solely on luck and skill. The lack of a house advantage gives an advantage to players with no gambling experience. This advantage is a term that refers to the numerical advantage of the game over the players. However, the platform provides absolute anonymity. This means that no registration or login is required.
What is EDG? What does it do?
EDG is a token for Edgeless created with the ERC-20 smart contract on the Ethereum network. This token powers Edgeless and is available for use within it. Users gain access to a number of features with this token. One of them is the crypto wallet. Edgeless has an Ethereum-based crypto wallet application. Users can purchase EDG through this application. They can also send it to other users.
Money transfers with EDG are extremely fast. At this point, users do not have to wait 1 to 3 days as in traditional casinos. This gives the Edgeless platform an advantage. However, EDG can be introduced as a bet in gambling games. Users also gain access to a number of features such as paying fees via cryptocurrency.
What is Edgeless? How to take EDG?
Edgeless is currently traded on the HitBTC exchange. No other exchange lists the token as available. Therefore, interested traders need to access HitBTC, become a member, deposit funds into their wallet and place a buy order for the token. It is possible to purchase EDG by following these steps.
