Can Ethereum make Crypto Gambling become mainstream?

As the things stand at this moment the crypto gambling industry is rapidly expanding in its reach. More and more people are getting accustomed to all the “fruits” of Gambling with cryptocurrencies and Bitcoin stands as the leading solution in the industry.

Coming at a close second is Ethereum Gambling, but many experts believe that one day ETH has the ability to overtake the big brother and even make ETH Gambling mainstream, where it will not only be a niche market but a worldwide phenomenon that will attract most of the players around the world.

There are quite a few differences between Ethereum and Bitcoin, even though they both share the same blockchain-based design. Currently, there are big changes happening with ETH that might affect the industry of gambling in a big way.

Latest news affecting Ethereum Gambling

These news are all about Ethereum Layer 2 and what it means for the industry of cryptocurrencies. Layer 1 is the base consensus layer of Ethereum protocol and changes within it usually require extensive work. Layer 2 will provide scaling mechanisms that won’t be programmed into the initial ETH protocol. Thus, L2 will have no specific effect on the initial consensus. This includes state channels, such as Raiden, Plasma, and Truebit.

All these scaling solutions rely on heavy usage of smart contacts. This new solution will be built on top of Ethereum and will provide revolutionary new properties for its users, such as loans, recurring subscriptions, and many more.

These additions will make Ethereum even more accessible and efficient for the users, in term, this will result in higher popularization of the whole concept of crypto.

Ethereum Gambling has all the makings to reach the mainstream status

While all the overall upgrades and improvements aid the whole picture of the cryptocurrency industry and Ethereum Gambling business, the main strength of ETH Casinos is still the core advantages brought upon by what we already know.

Blockchain technology means higher speeds of transactions, both for deposits and withdrawals. It also means total security and anonymity for anyone that partakes in Ethereum gambling, because by design, Ethereum gamblers can’t be seen or tracked in any way. What overall upgrades truly aid in, is the fact that with the improvement, more people will get accustomed to the concept.

With wider reach and popularization, Eth Gambling has all the potential to become truly mainstream, because its gifts are simply undeniable.