Solana Casino Guide of 2022

Solana is often referred to as a long-term rival of Ethereum. Solana’s significant focus is to make decentralized finance accessible on a larger scale.

This cryptocurrency was founded by Anatoly Yakovenko, a Dropbox software engineer, who thought of the proof-of-history consensus, which is one of Solana’s essential innovations. It allows greater scalability and higher usability.

Solana has incredibly short processing times and its hybrid protocol allows for significantly decreased validation times for both transaction and smart contract execution.
One of Solana’s main promises to customers is that they will not be surprised by increased fees and taxes over time, because Solana’s protocol is designed to support low transaction costs while still guaranteeing scalability and fast processing. Solana gambling is also on the rise because of this cryptocurrency’s many benefits.

The combination of proof-of-history and proof-of-stake mechanisms makes Solana a unique cryptocurrency in blockchain history. Solana’s average block time is 600 milliseconds (or 0.6 s) and it can process over 50,000 transactions per second.

Decentralization: Solana’s proof-of-stake allows for a decentralized network of many independent nodes working together. However, Solana strives so much to be one of the fastest, that it’s making the cost of building, running and maintaining such a node very high and it can potentially drive away many users. Consequently, more power can be concentrated in the hands of fewer users, which makes the network less decentralized.

Safety: Solana’s proof-of-stake consensus model, reinforced by Tower BFT consensus, enables the network to reach consensus, despite potential attacks from malicious nodes. The Tower BFT (Byzantine fault tolerance) is a consensus algorithm that ensures that a consensus is reached without having to go through a multitude of messages among nodes and consequently improving the transaction speed. So in theory, it works similar to Ethereum or Bitcoin, but faster.

Scalability: Thanks to its robust protocol, Solana can offer a decentralized platform with global scaling potential, without network congestion and high gas fees of the Ethereum network.

One of the major things that sets Solana apart from Ethereum are its low fees. Of course, Solana is still a very young token, but so far it has been able to keep its promise, even after rising to the 7th spot by market cap.

Solana has a large theoretical throughput. This means that it can handle more transactions per second and is less likely to be congested, which is one of the most common reasons for higher fees. Solana fees are currently around $0.001.

One of the interesting reasons as to why you might choose Solana are NFTS. You can buy, sell, mint and discover Solana NFTs on the Solanart, which is a SOL NFT marketplace. In addition to trading, users can also store their NFTs there.

I only list casinos here which allow you to play with Solana, so in short, Solana casinos. When it comes to Solana gambling, casinos will convert it to their internal currency when you make a deposit and then convert it back to SOL at withdrawal. But in that case, the casino does that for all currencies and not just for SOL, it’s just the way they operate.

With that being said, you can play almost all games with Solana, in the same way as you would with Bitcoin, for example. Some game providers have certain restrictions to which coins can be used to play their games. But if a casino offers the option to play with Solana, then they also have a large collection of Solana games available:

• Slots,
• Poker,
• Roulette,
• Blackjack,

or some other table game or live game.

BC.Game, Cloudbet, Crashino and Crypto.Games all have their own, in-house, provably fair games that you can play with Solana. Apart from that, all but Crypto.Games also have thousands of games from other game providers.

You don’t need to restrict yourself when it comes to Solana gambling. Since Solana is known as Ethereum’s rival, it is very likely that you will find at least some Solana gambling sites that accept this currency, which admittedly is not as rare as some other cryptocurrencies that are still very new to the market.

Many Solana crypto casinos will also prepare various bonuses for new players, such as SOL casino no deposit bonus, for example – but you can read more about that further down in this guide.

If you are interested in Solana gambling, there is only one Solana casino no deposit bonus available so far that we are aware of:

• Get 10 no deposit free spins in Crashino by joining their Telegram channel with a wagering requirement of 40x.

Besides a SOL casino no deposit bonus, many gambling sites offer their new players welcome bonuses. They might require a minimum deposit, but they’re still a great way to start playing and if the casino offers them, you might as well take advantage of them.

For a first deposit Solana bonus, I recommend using the 100 % bonus from Betplay. Valued up to 50 mBTC (and equivalent in SOL), it has a wagering requirement of only 35x.

If you’re into sports betting with Solana, then Kineko‘s first deposit bonus will be the best: 100 % up to $150 and 10x wagering. Unfortunately, this bonus can only be used for sports bets and not for casino games. If you want to see more bonuses, learn which are the best and find out what traps they may be hiding, my bonuses guide is the place to go. They may not be SOL casino no deposit bonus, but a bonus is always a welcome boost.

So far, the only Solana free spins bonus is available in Crashino casino. They offer up to 120 free spins as their first deposit bonus and 10 no deposit Solana free spins for joining their Telegram channel. Both come with 40x wagering requirement.

But be sure to come back to this guide as I will be adding more Solana casinos and their bonuses as they come out!