1xBit Offers Zero Transaction Fees and Faster Transaction Times with new EOS Support

Bitcoin PR Buzz Feed | October 7, 2020 | 1xbit, Bitcoin Press Release, casino, EOS, fast, sportsbook, Transactions

Bitcoin Press Release: Leading Sportsbook and Casino 1xBit announces support for EOS cryptocurrency, as it strives to offer cheaper transactions to its users, and stay abreast of the rapidly evolving crypto betting market. 

 

7th October 2020, Limassol, Cyprus – Leading cryptocurrency sportsbook and casino 1xBit has announced its support for EOS transactions, enabling its users to take advantage of the cheaper, faster transactions offered by the cryptocurrency. All 1xBit users will now be able to deposit, and withdraw the (delegated-proof-of-stake) cryptocurrency on the betting platform. 

 

With no transaction fees, and a blockchain capable of processing over 4000 transactions per second, 1xBit believes EOS will become a welcome addition to the already broad range of digital currencies supported by its growing brand. 

 

Why EOS?

Launched by Block.one CTO Daniel Larimer in 2017, EOS is a smart contract blockchain platform, and the second biggest platform used for designing fully decentralized applications (Dapps) today. EOS utilizes a Delegated-proof-of-Stake consensus mechanism, with the prime objective of delivering the fastest, cheapest and most scalable smart contracts in the world. 

 

So how does this affect crypto gamblers and general users of the cryptocurrency? Well, when compared to the similarly designed Ethereum, EOS can execute far more transactions and does not need gas for them to be completed. So it is both a cheaper and faster alternative to the ERC-20 token. 

 

EOS vs ETH

Widely known as the biggest competitor to Ethereum, EOS may not have as many everyday users, yet, but already boasts superior smart-contract execution numbers and gas-free transactions. So how do the cryptocurrencies stack up against each other where it really matters? 

 

Scalability and cost are the two factors that the everyday user looks at when adopting a new digital currency. When it comes to scalability EOS certainly has the upper hand. ETH supports around 30 transactions per second, while EOS can execute 4,000. Ethereum co-founder italik Buterin claims ETH 2.0 will process 100,000 transactions, but the launch is currently delayed until November 2020. 

 

Contrastly, EOS was designed with the express purpose of offering the fastest possible transactions, using parallel transaction processing, and minimizing the block producers resulting in a faster throughput. 

 

ETH’s issue in scalability has had a domino effect in regards to payments, with the 30 per second transaction limit often causing network congestion, resulting in sky-rocketing gas fees. December 2017 saw ETH gas fees shoot up to an average of $4 per transaction. 

 

EOS does not use gas for transactions, however, EOS holders must proportionately share in the network bandwidth, processing power, and storage required to run the network, which requires some RAM from each user. EOS users do not pay any transaction or networking fees

 

1xBit Sportsbook and Casino

1xBit sportsbook and casino is known for not only being a pioneer for the crypto betting industry, but for the wider adoption of cryptocurrency in general, so it is no surprise that it has chosen to support EOS. 1xBit offers a comprehensive range of casino titles, a professional sportsbook, and always has new updates for games and promotions. 

 

The industry-leading betting brand has translated its site into 60 different languages, adapted it for iOS and Android, offers cutting edge mobile developed titles, and boasts a sign-up bonus of up to 7 BTC. 

 

1xBit allows users to make deposits and withdrawals in over 20 different cryptocurrencies, and now with the new EOS support users will be able to take advantage of the free, rapid transactions to get their winnings faster than ever, and not lose a cent. Deposit EOS and start playing today. 

 

For more information about 1xBit, please visit – https://1xbit.com/

Check out the official 1xBit blog for the latest articles – https://1xbit.com/blog/

 

Media Contact Details

Contact name: Anastasia Semenova

Email: marketing@1x-bit.com

 

1xBit is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

 

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With Round 1 Fully Sold Out, ClinTex Launches Round 2 of the CTi Token Sale

Bitcoin PR Buzz Feed | October 1, 2020 | Bitcoin Press Release, Blockchain, Breakthrough Press Release, clintex, medical, Presale

Bitcoin Press Release: With the first tier of ClinTex’s CTi token sale 100% sold-out, the second phase has now begun, with 70% bonuses available.

 

1st October 2020, London, United Kingdom: The lack of coordination, and major issues with bureaucracy are taking a heavy toll on the medical trials industry. Costing anywhere from $600,000 to upto $8 million USD per day, every single day a medicine is delayed not only leads to huge financial losses, but also affects millions of people as they are deprived of crucial, life saving drugs. 

 

And ClinTex’s solution comes at the perfect time – With the disruption of the $350bn/year medical trials market firmly in their sights via a novel solution to bring down costs, reduce friction and increase efficiency and information transfer, ClinTex has successfully completed its first round of token distribution, selling out $1m USD of tokens.

 

Tier 2 CTi Presale

Following the success of the first sale round, ClinTex have opened up the sale to participants wishing to join the action by acquiring CTi tokens. A total of 26,666,667 CTi are available in this round. ClinTex eventually plans for an IEO, but participants of Tier 2 can take advantage to back the platform’s CTi with a 40% bonus, getting their hands on each token at $0.075 per CTi. Half of all the tokens purchased in this round will be vested for a period of 2 months.

 

Proceeds from this event will be used to develop the platform and bring a change to how the current medical trial and healthcare industry is working.

 

About ClinTex

Leveraging blockchain technology, ClinTex is on a path to eliminate barriers and friction in the current medical industry that waste millions of dollars per day. ClinTex brings changes such as:

 

  • Time Saving: Normally, it takes up to 15 years for a drug to pass all trials and into the hands of patients, a time that many might not have. ClinTex’s well coordinated platform will reduce the friction that causes time delays.
  • Research Silos: Currently, the medical research industry is in disarray when it comes to communicating with each other. Two or even more firms may be spending time looking into the same medicine, leading to waste of time and resources. ClinTex’s transparency will bring in close coordination, letting one team work on an issue while the other takes up something else.
  • Cheaper Medicine: With the close coordination within the research community, development and supply chain, the patients eventually get a medicine that is cheaper, essentially saving lives.

 

The importance of a close-knit healthcare industry has never been more important. The current pandemic has exposed how weak the medical industry is when faced with a crisis that does not care for borders and race.

 

Join the presale today and take advantage of a 40% discount.

 

Visit ClinTex Website: https://www.clintex.io/ 

Join the ClinTex Telegram Community: https://t.me/ClinTexCTi 

Follow ClinTex on Twitter: https://twitter.com/ClinTexCTi 

Check out ClinTex Medium: https://medium.com/@clintexcti 

 

Media Contact Details 

Contact Name: Sean Flanagan

Contact Email: info@clintex.io

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ClinTex is the source of this content. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. The ClinTex token sale is closed to US participants and participants of all countries in which ICO/IEOs are illegal. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.

 

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