Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
On a number of iGaming conferences Bitcoin was discussed as opportunity for the iGaming market. Specialists and iGaming veterans at MiGS (Malta iGaming Seminar) and bitcoin4iGaming (London) conferences highlighted that Bitcoin is just the first crypto currency entering the iGaming market.
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