After being re-launched by the non-profit Double C Foundation in September, the CasinoCoin open-source peer-to-peer crypto-currency is now hoping to speed its growth and adoption by relocating to a new blockchain.
Isle of Man-based Double C Foundation declared that CasinoCoin has been designed specifically for the regulated online gambling industry while the move is set to increase liquidity from 40 million to 40 billion and allow for ‘greater scaling without the need to fractionalize the coin’.
Double C Foundation also described CasinoCoin’s new blockchain as ‘more technologically advanced’ due to being based on the Ripple technology infrastructure and coming complete with additional functionality such as faster processing times of up to one thousand transactions …