Solana is a cryptocurrency that has become increasingly popular over the last year. Launched just over a year ago, Solana is considered a bit of a hipster’s cryptocurrency, but that hasn’t stopped it from already making its mark at a handful of crypto casino sites.
Solana didn’t debut until 2020, so it is one of the newer cryptocurrencies you will find online. The cryptocurrency was created during 2017 – a year when so many others made their debut. Solana was initially launched with the intention of using a hybrid model. The basic idea was to combine a proof-of-history algorithm with a fast, synchronized engine. The result should be a cryptocurrency that can process over 700,000 transactions a second. In other ways, Solana isn’t that unique. It has a 256-bit (SHA-256) algorithm, for instance.
SOL is the coin offered by Solana. This cryptocurrency debuted in March 2020 and regularly appears in the top ten cryptocurrencies found at online casinos. This is exactly why SOL has caught our attention.
As their name suggests, Solana casinos are any betting sites that permit transactions to be made using Solana. This, of course, means that you can deposit using SOL. However, just because you can deposit using SOL doesn’t mean that you can wager on games using cryptocurrency. This has become a point of contention amongst players at Solana crypto casinos. We’ll explain what we mean in more detail below:
There are two types of Solana casinos out there, and they can be split apart based on the games they offer.
You’ve got two types of Solana casinos to choose from here, and here at BTCGOSU, we won’t tell you to pick one over the other. However, we will give you a list of pros and cons to betting with SOL in the first place. Here’s what you need to know:
There are a few advantages to playing with SOL at cryptocurrency casinos. They are straightforward enough to grasp and include:
SOL is easy to use as Ethereum. In fact, it is one of the simpler cryptocurrencies to obtain and use. There are a lot of cryptocurrencies out that there are going to require you to do some homework before you get involved, but this doesn’t appear to be one of them.
While Solana casinos are not as commonly found as, say, Bitcoin or Ethereum casinos, you don’t have to look everywhere to find them. Many top casinos permit SOL deposits, and some even go as far as delivering SOL-friendly games to casino players.
Naturally, like all cryptocurrencies, Solana has its downsides, too. These include:
Only of Solana’s biggest downsides is that there aren’t many blockchain validators or miners. Technically, anybody can do so. However, as this cryptocurrency is new and it requires a lot of resources and power, there aren’t many out there. This can slow down transaction times and make things costly.
Officially, Solana is still in the beta phase, or at least, its protocol is. As anyone who is familiar with the software will know, beta means bugs. The risk of malfunctions and errors is high, which isn’t what you want to hear when gambling with SOL online.
Even though SOL and Solana casinos aren’t as difficult to find as cryptocurrencies catering to other altcoins, there are still some things you should consider. We’ve highlighted these below.
Here at BTCGOSU, we wanted to make depositing at Solana crypto casinos as easy an experience as possible for you. For this reason, we’ve got one top site you should check out below.
You can obtain SOL and start playing at Solana casinos right now simply by following these short steps…
Playing with SOL at Solana cryptocurrencies shouldn’t really be a much different experience than betting with any other crypto option. SOL is a straightforward, no-nonsense altcoin and one that is of growing popularity and importance to crypto bettors online. Don’t hesitate to check out our selection of Solana betting sites right here to find the ideal one for you today.
Discover more about Solana before betting with SOL with our short but informative FAQ guide for Solana casino players. Here’s how we can help:
Some casinos provide Solana bonuses, but they typically tend to revolve around welcome bonuses or re-deposit deals only. You won’t find a wealth of other Solana deals at crypto casinos.
Solana was the brainchild of Anatoly Yakovenko. Today it is run by Solana Labs and is based in California. Its team operates out of Nigeria, Mexico, France, and the USA.
Solana uses a POH (Proof of History) feature. This comes from their Proof of Stake (POS) system and is an innovative way of using smart contract features to ensure fairness, transaction security, and timestamps of events.
SOL is Solana’s cryptocurrency, and it can be readily bought at most internet-based cryptocurrency exchanges. You can also deposit with SOL and see it converted into another cryptocurrency at selected casino sites, so you don’t always have to bet with it.
While some sparse casinos permit Solana games, these tend to be in-house, proprietary software. You can find some of these titles at the casinos listed in our guide right here.