Firstblood is a decentralized eSports platform built on Ethereum. FirstBlood is a blockchain-based eSports platform that allows players to directly challenge each other to matches and win rewards. This platform allows users to bet on esports games. It also allows players to test their skills. the best things about this decentralized platform are that the players can play their favorite games without being subjected to financial regulations, hacks, fee, and corruption by the middlemen. So, you may expect transparency and efficiency in the system.
About working of Firstblood blockchain with automation
Firstblood has an automation feature and blockchain-powered technology that makes it efficient. You may learn more about the Firstblood Blockchain and how this works efficiently. Firstblood is a decentralized (dapp) application that runs on the Ethereum Virtual Machine (EVM) and it is powered by 1ST tokens. There is automation to analyze the results of each match. When the user bets on a match with the 1ST on the Firstblood web, a decentralized escrow become active to hold the tokens under the smart contract system. two witnesses from users that are running automated are randomly selected that are running automated witness nodes. The results are published on the blockchain and the witnesses are paid a fee for their service. this is how the entire process is performed automatically. There is no need for verification which is done in the blockchain system itself. The match outcomes are automatically recorded and payouts are performed.
How efficiently blockchain works
Firstblood blockchain system is quite efficient and its integration with automation makes it further efficient leaving no chance of errors and manipulations. This a uniqueness of this system that offers relief to the users. They have no chance of cheating and their entire personal information also remains safe within the network. The future of transactions depends on the efficient working of blockchain technology, and Firstblood has a major role to play in moving this system.