Aria is set to host a next generation Blockchain poker for the public in October of 2018 thanks to the inaugural World Crypto Con in Las Vegas. The event is a three-day schedule that is aimed to raise the profile of crypto technology. The tournament will provide players the chance to experience poker in an exciting new way. The conference will take place inside the Aria Las Vegas, according to the promotional literature, between October 31 and November 2, featuring an array of celebrity appearances.
The organizers, alongside sponsor Decent.bet, will be showcasing a poker tournament that fused live action and blockchain technology together. “Some of the biggest stars in poker” are expected to attend, although final details are still waiting to be released.
Phil Hellmuth’s association with the Aria Hotel and Casino lead to rumors of him entering the tournament as one of the pros in attendance. Vegas residents such as Daniel Negreanu and Antonio Esfandiari are also expected to be in attendance due to their close proximity. Regardless of who attends, the tournament shines light on how cryptocurrencies are influencing the gaming industry.
Companies such as Virtue Poker began pushing recently to revolutionize how sites handle their data since they’ve been using decentralized smart contracts. Poker sites user random number generators to ensure their games are fair with the current system but there are many criticisms with this technique.
The main criticism of the software is that it’s not open to the public, and, therefore, resulting in the possibility of the software being open to corruption. To counter this issue, all licensed online poker sites are required to have their software assessed and monitor by third-party agencies such as eCOGRA.
Despite the verification checks, many believe blockchain technology offers a stronger solution. Though the underlying technology is complex, the main focus is to process card information through a decentralized rather than a central power.
“We utilize quantum natural phenomena (via Photons) to generate completely random strings of numbers. On the other, we use Bitcoin Network’s Hashes as an unknown, unpredictable entropy source to initiate a PRNG sequence. Together, we reshuffle the deck multiple times to provide the ultimate way of truly randomly generating numbers,” reads a summary of how Crypto Poker Club’s system works.
Aside from improving the randomness of games, blockchain-based poker sites also claim to be more secure and offer quicker payouts. Currently at the stage this technology is in and given how new it is, it hasn’t broken through into the mainstream.
However, as more events begin to emerge and show the potential of blockchain, the leading operators will inevitably seek to embrace the latest innovations. World Crypto Con will be the first conference to provide the chance to see the technology working in real-time, according to Cards Chat.