| Description: | It is often said that the cryptocurrency revolution that begun with the launch of Bitcoin in 2009 has created a world of entrepreneurship and innovation. This was certainly in the case of SatoshiDice, a simple, yet substantially popular gambling platform, who netted its founders a highly respectable 126,315 BTC when it was sold to an Irish buyer in 2013. Otherwise known as Satoshi Games, the idea was relatively straightforward. Players simply need to predict the outcome of a cryptographically random number, which could range anywhere between 0 and 65,535. Based upon certain pre-defined parameters, which will be discussed shortly, the player would either win or lose the amount of BTC that they staked. |
