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Roundup: Endorphina, SatoshiPay & Hardware Wallet

Roundup: Endorphina, SatoshiPay & Hardware Wallet

Chris in Bitcoin & Cryptocurrency published on 7, November 2015

Endorphina Revs Up After Satoshi’s Secret Slot

Only recently entering the Bitcoin gambling scene, Endorphina quickly made a strong impact on various online casinos that cater to Bitcoin and cryptocurrency players. Its launch of the first-ever Bitcoin-themed slot game, Satoshi’s Secret slot, made it a popular name in the niche market, but the Endorphina Bitcoin slot only marked the beginning for the Bitcoin casino software to develop other areas that would cater to both real-money and Bitcoin casinos.

“Also a big step for us will be pushing our games on mobile platforms – phones, tablets, iOS and Android. In the upcoming months you will be able to enjoy our games on the move, without compromising the graphical feel that Endorphina provides. And of course more new and better games releases!“

SatoshiPay May Add Bitcoin Nanopayments To iGaming

SatoshiPay’s services are set to improve the Bitcoin ecosystem with its nanopayments. Currently utilized for web content providers, SatoshiPay has the abilities to venture into other fields, including Bitcoin gambling. Some Bitcoin dice sites and casinos already receive micropayments, but SatoshiPay’s nanopayments can further boost the payment system of this market.

“We leverage bitcoin’s blockchain technology and can benefit from its stability and feature set, which comes for “free”. So we have low operational costs, which allows us to charge lower fees.”

Hardware Wallet Demand Soars With Bitcoin Price

Amid the recent positive movements of the Bitcoin price, it is best for gambling enthusiasts and bitcoiners in general to give more importance to the security of their funds. Cybercrimes and hacking incidents have been prevalent for the past months; thus, storing bitcoins in a hardware wallet proves to be an ideal step to ensure safety and security.

“Compared to online wallets, hardware Bitcoin storages have a more decent stronghold against cyberattacks. Some exceptional examples of these items are the products of Ledger Wallet, Trezor, Keepkey, and Choose Case. The fact that users are able to store their Bitcoin in an offline wallet has eliminated a great advantage off perpetrators. Thus, the only way to hack these hardware storages is to physically be in contact with these devices.”

Bitcoin Adoption Proves To Be Highly Volatile Too

The fluctuating value is the common factor seen when dealing with Bitcoin. This, however, overshadows the fact that the adoption of the consumers and companies is also volatile, which affects the maturation of Bitcoin. This, in turn, affects the price, causing it to rise and fall more frequently. The volatile acceptance toward Bitcoin is best exemplified by recent developments in the UK, Sweden, and Taiwan.

“Global Bitcoin acceptance seemingly remains to be a sensitive topic regardless of the number of advancements that are made with the cryptocurrency. As far as these events are concerned, Bitcoin usage in the mainstream market seems to be an insubstantial vision for now, save for the thriving Bitcoin casino market and other niche cryptocurrency industries. If both parties—Bitcoin advocates and deterrents—come up with a positive consensus, it is the only time that the cryptocurrency will only be worrying about its price volatility.”