Cardano Casino Guide of 2023

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You can play almost all games with Cardano, just as you would with Bitcoin, for example. Some game providers have certain restrictions in regards to which coins can be used to play their games. But if a casino offers the option to play with Cardano, then they also have a large collection of Cardano games available, whether you prefer Cardano slots, poker, roulette, blackjack or some other table game or live game.

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The primary use for ADA is as digital currency within the Cardano blockchain ecosystem.

Its development began in 2015, with the goal of allowing users to trade value in a decentralized way on a platform which allows smart contracts.

It sees itself as a ‘third-generation’ protocol with a Proof of Stake consensus algorithm. In contrast, Bitcoin and Ethereum are first and second generation cryptocurrencies, respectively.

1. Decentralization: Cardano is currently in the Shelley phase; this is a phase on the Cardano roadmap, that focuses on decentralization. At the end of this stage, Cardano aims to be up to 100 times more decentralized than other large blockchain networks.
2. Safety: Cardano handles security with a two-layer system called ‘Ouroboros’ which has been fully tested in theory before being implemented in practice.
3. Scalability: Based on the roadmap, the phase focusing on scalability is yet to come. The coin is doing well right now, however and further improvements will help keep the fees low and the speeds fast.

Cardano transaction fees depend on traffic (demand for block space and transaction size (bytes)), as do the fees for all other coins.

Congestion on the smart chain also impacts fees, but this is currently not an issue.

The fee is also calculated at a ~0.17 ADA as fee + % of bitsize. This can be changed based on the community vote however.

Cardano transaction fees are currently measured in cents, despite the major increase in price as of this year.

Fees have risen minimally and as of now they do not present a potential future issue.

You can mint Cardano NFTs via various token builders. In addition, there are also quite a few Cardano blockchain based marketplaces that allow users to mint ADA NFTs.