Blockchain Casinos Ranked by Fees and Speed

November 19, 2021 Blockchain Industry Updates

Those who have been paying close attention will know that blockchain technology is transforming iGaming. The promises of verifiably fair games, timestamped and immutable transaction records, and instant settlements to and from crypto wallets on a per-bet basis promise to transform the industry for good.

Yet, it’s not all future promises, and there are already a number of functioning blockchain casinos. We studied the data on the top blockchain casinos to find out which offer the fastest and lowest fee transactions.

1. Tron – WINK

The Tron blockchain is the proof-of-stake brainchild of Chinese American entrepreneur Justin Sun. It was one of the first blockchains to launch a fully functional casino app; WINK.

Tron works with the delegated proof-of-stake consensus mechanism and has extremely low fees and fast transactions. The average transaction fee on Tron is $0.000091 and transactions are typically settled in 1 minute.

2. BSV – Peer Game

BSV claims to be the original Bitcoin protocol restored. It’s associated with Dr. Craig Wright and iGaming pioneer Calvin Ayre, and while Wright’s claims to being Satoshi Nakamoto are contested by some, BSV certainly works well on a technical level.

Peer Game is the best-known casino app on BSV. It processes an average of 20,000 transactions every day at an average fee of $0.00050. BSV transaction times are 3-5 seconds. It has been demonstrated that BSV can do up to 50,000 transactions per second, making it one of the most scalable blockchains in existence today.

3. Crypto Games – Solana

Solana is the new kid on the block and holds lots of promise in the blockchain industry. It’s associated with billionaire Sam Blankman-Fried and promises to revolutionize blockchain with its Tower Consensus mechanism.

Crypto Games makes use of Solana’s native token SOL. Solana transaction fees are $0.00025 on average with a scaling potential of 50,000 transactions per second, it could quickly become one of the best crypto casinos online.