KingTiger Casino, under the ownership of Funfair Technologies, is currently in search of innovative solutions to introduce “a new range of features and games” for its players. The quest for new hosting solutions began after the online casino had to temporarily shut down due to congestion on the Ethereum network earlier this year. The announcement of the temporary closure was made on Feb. 26 on KingTiger Casino’s official website.
“We are actively seeking new solutions that can accommodate a fresh array of features and games for our valued participants,” stated KingTiger Casino in response to the network congestion that led to the suspension of services.
Despite the temporary halt in casino operations, KingTiger Casino assures users that they can still access their digital wallets. Funfair Technologies, the parent company, continues to allow the creation of new wallet accounts, emphasizing that users will maintain control over their assets with non-custodial wallets.
In a statement to Cointelegraph, Funfair revealed that they are exploring alternatives to Ethereum layer 1 and have plans to unveil new gaming products in the near future.
The recent London hard fork aimed to address Ethereum’s scalability issues and fluctuating transaction fees. The network faced additional strain from the booming nonfungible token and decentralized finance markets.
With the upgrade, 800 deflationary blocks were created as Ether burns surpassed mining rewards, leading to a temporary decrease in supply. This development caused ETH’s price to soar, reaching $2,800 and eventually surpassing the $3,000 milestone.
Despite the positive price movement, transaction fees on the Ethereum network remain high. BitInfoCharts reported average transaction fees around $20, with Uniswap fees peaking at $33.
The resilience of KingTiger Casino in the face of network challenges showcases their commitment to providing innovative gaming experiences for their players. Stay tuned for exciting developments as Funfair Technologies explores new avenues for hosting cutting-edge features and games on the platform.
