CasinoCoin is an open source, peer-to-peer, cryptocurrency specifically designed for the regulated online gambling industry.

Ripple is a payment processor that utilises blockchain technology, allowing users to send money globally and instantly, reliably and cost-effectively.

CasinoCoin is utilising Ripple’s source code as a basis for our blockchain as we believe it provides the speed, scale and security necessary for our utility.

Read more about Ripple at: https://ripple.com/

A blockchain facilitates secure online transactions. It’s a decentralised distributed digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network.

To learn more about blockchain technology, visit: https://www.coindesk.com/information/what-is-blockchain-technology/

CasinoCoin recently launched a non-profit foundation, with an office in the Isle of Man. As part of the foundation, a board of trustees was established. You can read about the members of the board at: https://casinocoin.org/board-of-trustees/

We have also appointed several senior industry professionals to the CasinoCoin advisory board. They will assist the Foundation in promoting the adoption and best-use practices of CasinoCoin in regulated gambling markets. You can read more about the advisory board at: https://casinocoin.org/board-of-advisors/

We have no plans to open an online casino. The purpose of CasinoCoin and the foundation is to promote adoption and best-use practices of CasinoCoin in regulated gambling markets. In order to achieve this goal, we have plans to partner with regulated gambling operators.

At the moment we don’t have any open positions in the team, however, as the project progresses this may change. Please continue to follow us on social media, and we will post an update if we start searching for new team members.

You can download the latest CasinoCoin Wallet for Windows, Linux and Mac from our Downloads Page.

No, wallets are not linked to email addresses, they are software programs stored solely on the user’s computer or mobile device, not on any central servers.

Click on the ‘Transactions’ tab in your CasinoCoin wallet. In the list of transactions that appear, double click on the one you wish to check and details of the transaction will appear. Once a transaction has been completed, it will be marked ‘Validated’.

Click on the ‘Transaction’ tab in your CasinoCoin wallet, select the transaction in question by double clicking, then click on ‘Transaction ID’.

Wallet accounts are automatically activated once 10 CSC are deposited into it. This can be done by sending CSC to your wallet account from a different wallet or exchange.

The CasinoCoin historical Database provides access to information about changes in the CSC Ledger, including transaction history and processed analytical data. This information is stored in a dedicated database, which frees CSC servers to keep fewer historical ledger versions.

Write to us at [email protected] with details of the issue and we’ll do our best to resolve it. Please also join our communities on Reddit and Discord, and follow us on Facebook and Twitter. We regularly post news and frequently chat with, and provide support to the community.

Trading is currently available on NLexch, STEX, NUEX and Bitrue. We hope to add CasinoCoin to more exchanges in the near future.

No, we don’t have any plans to raise funds via an ICO.

Closed testing will start on the 1st of June 2018.

The launch of CRNs is planned for the 1st of July 2018. Please keep in mind that delays are possible, dependant the testing phase.

Beta testing applications are now closed. If more people are needed we will re-open the application.

The limitation is one CRN per person, per region. This means you can run a total of seven CRNs, one in each region. Please see this page for information on specifications and regions.

CRNs can be run by individuals and businesses.

For our current estimation, 1,000 CRNs are appropriate for the market, with room to scale up. However, we are dedicated to ensuring that we can address the needs of the market as they change, and we will continually review if more CRNs may be required.

No. But if, for example, 200 applications for CRNs (the limit for Europe) are made for Germany, we will need this to spread more evenly across Europe. The foundation would handle this with individual operators if it occurs.

We recommend the following specs to run a CRN:

OS: Ubuntu 16.04
CPU: Minimum 2 Cores
RAM: Minimum 4GB
HDD: Minimum 200GB (SSD not mandatory)
Port Speed: Minimum 100 Mbps
A TLD (Top Level Domain) you can control
An SSL Certificate (e.g.: Let’s Encrypt)

Yes.

Yes, but you need to make sure you meet our standard recommendations.

Every ~1,024 Ledgers the network will calculate all burned fees and reimburse them in equal shares to all active CRNs.

No. However, you can find a calculation sheet here that has dummy estimations.

No. The calculation is based on the network-wide number of transactions. Every ~1024 Ledgers.

Assuming you meet all our requirements and have a fixed public IP, yes.

We are working in a regulated environment and need to ensure all our actions are accounted for with due diligence. In addition, having KYC helps us to ensure no bad actor is entering the infrastructure and ecosystem. This way running a CRN is fair and benefits all parties involved.

No.

If cryptocurrencies are legal in your jurisdiction then running a CRN should not pose a potential risk; however, if you are uncertain as to the risks involved in running a CRN you should seek legal advice in your jurisdiction as CasinoCoin will not be liable for any legal issues, in any jurisdiction, that arise from your running of a CRN.

People will enter a waiting list. When someone drops out, the next person on the waiting list will be contacted. It will be on a first come, first serve basis.

CRNs will run as cold wallets which means you will hold the collateral on your local system.

No. People who operate CRNs are required to monitor the system, and their own CRN activity.

CasinoCoin tokens are digital assets built on top of the CasinoCoin blockchain that can be used for a variety of purposes such as reward programmes and loyalty systems, digital currencies, to represent shares of a company, or to transmit secure and immutable data.

The CasinoCoin blockchain offer unprecedented transaction speed, scale and security. It can currently process up to 1,500 transactions per second, and offers very low fees, currently 0.01 CSC per transaction, regardless of the amount.

Additionally, tokens allow gaming operators, suppliers or other parties to have full control of their own token ecosystem. Creators can choose the name or brand of their token, determine total supply, value and distribution method, while taking advantage of CasinoCoin’s best-in-class wallets and technology.

There are a number of interesting use-cases that could benefit from CasinoCoin tokens, here are just two examples:

Reward programmes: A custom token hosted on the CasinoCoin blockchain can replace existing loyalty programmes, introduce a gamification layer and make it easier for operators to track the distribution of rewards.

A fast, efficient payment method: Operators are facing payments challenges in markets across the world. A bespoke token can help on-board players who may not otherwise be in a position to deposit. CasinoCoin’s strong AML, KYC and responsible gaming protocols ensure peace of mind for operators, players and regulators.

Yes, this option is available for tokens that operate in an open loop ecosystem.

Token creators can customise the following:

Token Name: Eg. Your business or brand name
Ticker Symbol: Three or four letter symbol that will be an abbreviation or acronym of your token name
Total token supply
Fixed or variable supply: Do you want the ability to add or remove tokens from circulation?
Open or closed loop: Will your token be publicly traded on third party exchanges, or will you use it within your own mini ecosystem?
Token value: Do you want it to maintain a stable value (Eg. USD Tether), or dynamic value based on open market demand?

If you are interested in hosting a token on the CasinoCoin blockchain, please register your interest by completing the token application form.