Cryptocurrency is progressively reshaping the online gambling industry. According to Statista, online gambling market is expected to be worth over $94 billion by the year 2024. This exponential growth is mainly attributed to the player’s ability to remain anonymous. Torpoker is a web-based poker gaming site which accepts Bitcoin currency.
Security is always the top most concern when dealing with any kind of online financial transaction and online gambling is no different. Torpoker uses PYQT5 open-source development framework to design its GUI and due to its known compatibility, it makes Torpoker support all popular operating system environments. The open-source software means that users can trust the platform and that the code is thoroughly tested and the patch management is efficient.
Online Bitcoin casinos offer a higher degree of security since personal details are not required in order to perform transactions such as transfer of bitcoin, chances of malicious actors gaining access to personal sensitive data is drastically reduced. Moreover, Bitcoin transactions go through security layers which involve multiple verifications and several layers of encryption which protect the whole process. All these security measures contribute the overall reduction of a malicious attack surface
Torpoker is able to guarantee optimum privacy with the only requirement being a unique one-off address for transactions. The complete hashing of all wallet IDs and their corresponding transactional IDs allows for pseudo-anonymity among all user-user transactions. Hence, all Bitcoin transactions are completely anonymous and secure. Moreover, players have an assurance of transparency since all transactions are routed to a public ledger offering an additional layer of protection. Additionally, it is advisable to use the web application in tor browser which encrypts data through the network of relay nodes
In order for players to access their wallets securely, it is always recommended to access them only through trusted private networks since the private keys mostly use cloud storage. Once the wallets are securely accessed then Bitcoin transactions can made through the address provided by Torpoker. This means that users may be the weakest link since poor storage of wallets or dubious cryptocurrency exchanges may cause unauthorized access which may result in a loss of coins. Most security breaches associated to Bitcoin and other cryptocurrencies happen mostly on cryptocurrency exchanges and not necessarily of gambling sites which makes Torpoker incredibly secure. Torpoker offers even more security by providing dedicated private servers for rent which gives the players the ultimate control over privacy and security.