DAO.Casino has announced the release of an MVP for its Blockchain-based gambling protocol with all basic features and several games. The protocol enables cooperation between trustless parties on the gambling market like game developers, casino operators, players and referrals.The solution prototype offers all transactions between stakeholders to be given effect through the protocol’s token, BET, which is a standard ERC20 token that will be distributed during their forthcoming crowdsale campaign, scheduled to kick off on June 29, 2017.Currently, the prototype offers three games: traditional dice, Hack a DAO and Blackjack beta version. The system offers interaction with the project’s test version of native token, however, it only operates on the Ethereum testnet. Playing the games requires registering at the project’s website.http://cointelegraph.us3.list-manage.com/track/click?u=2c088712615955cd2f82aa968&id=a7b2a3a701&e=140f57b3eb
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Thanks for sharing @sergey44;)
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So here is an idea of a provably fair crash system which would work on any standard POW coin's blockchain. It revolves around the target block time, for example bitcoin's 10 minutes. Each 10 minutes that passes without a block being found is multiplier of 2x. If a block was found within 1 minute, it loses everything. This continues on an exponential scale like a normal crash site with a casino edge applied. It works because you can prove that the block was randomly generated by a miner and that a miner wouldn't not publish a block they found.
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i like your post
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thank you
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I keep getting all excited about these new inovations, and then all disappointed to find out its only still a wprk in progress. Glad to see the dates growing closer. This particular one wasnt my 1st pick. But it shows General progress, and that is somewhat up lifting. What fun to be a small part of history. Thanks gor the update.
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