Bitcoin Forum

Economy => Gambling discussion => Topic started by: Bit_Happy on June 12, 2017, 09:06:39 AM



Title: Decentralized Casinos any good ones?
Post by: Bit_Happy on June 12, 2017, 09:06:39 AM
Is there a single decentralized casino project with active users? These were projects where supposedly no one holds the funds in one huge pile, or something similar.
 
Are the "real ones" still clearly better?


Title: Re: Decentralized Casinos any good ones?
Post by: FrueGreads on June 12, 2017, 10:30:10 AM
Is there a single decentralized casino project with active users? These were projects where supposedly no one holds the funds in one huge pile, or something similar.
 
Are the "real ones" still clearly better?

Never heard of that concept. Does it work like an exchange? How is a payout guaranteed for those big wins. Also I don't know how that works if there are few players in the casino, thus low funds.


Title: Re: Decentralized Casinos any good ones?
Post by: ralle14 on June 12, 2017, 10:54:38 AM
I don't know any decentralized casinos here. I checked the wiki and still found none. After a couple of searches I stumbled upon dao casino.


Never heard of that concept. Does it work like an exchange? How is a payout guaranteed for those big wins. Also I don't know how that works if there are few players in the casino, thus low funds.
I think it works the same as on chain gambling(reference (https://en.bitcoin.it/wiki/Category:Decentralized_Casinos)) i'm not quite sure.


Title: Re: Decentralized Casinos any good ones?
Post by: tyz on June 12, 2017, 11:17:43 AM
@OP: As far as I know there is not a decentralized casino yet.

But there are plans like Pangea project (http://wiki.supernet.org/wiki/Pangea) of SuperNET which aims to create decentralized poker on the blockchain. Recently I read about that there are also plans to create decentralized dice games ( could not find the source ). Projects like IOTA  (https://bitcointalk.org/index.php?topic=1216479.0)for instance, which do not charge any fees and which allow to send thousands of transactions per second, can be a good foundation to create real-time decentralized casinos.

Is there a single decentralized casino project with active users? These were projects where supposedly no one holds the funds in one huge pile, or something similar.
 
Are the "real ones" still clearly better?

Never heard of that concept. Does it work like an exchange? How is a payout guaranteed for those big wins. Also I don't know how that works if there are few players in the casino, thus low funds.


Title: Re: Decentralized Casinos any good ones?
Post by: YuginKadoya on June 12, 2017, 11:31:49 AM
Try DAO.casino that are Ethereum blockchain-based decentralized casino platform in April 6 2017 announces the release of its new front-end platform and a provably fair dice game.It is a decentralized governance system built on Ethereum that automatically rewards all developers, auditors and community members for their contributions, they don’t require a trusted third party. well try it if you want.


Title: Re: Decentralized Casinos any good ones?
Post by: bitbob82 on June 12, 2017, 03:19:46 PM
I don't know any decentralized casinos here. I checked the wiki and still found none. After a couple of searches I stumbled upon dao casino.


Never heard of that concept. Does it work like an exchange? How is a payout guaranteed for those big wins. Also I don't know how that works if there are few players in the casino, thus low funds.
I think it works the same as on chain gambling(reference (https://en.bitcoin.it/wiki/Category:Decentralized_Casinos)) i'm not quite sure.

yes that is really a new concept i personally hearing about this for the first time. its look like interesting but again cant say anything clear about that.