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Title: Sum of all satoshis transactioned in the last block(s) Post by: remotemass on March 14, 2013, 07:09:45 PM S mod N, where S is the sum of all satoshis transactioned in the last block(s) and N the number of participants of a contest during that block(s) creation can be used as extraction number for a list of participations.
'S' is quite an unpredictable number that no one knows in advance and can rules out the possibility of cheating about the random pick of winner. Title: Re: Sum of all satoshis transactioned in the last block(s) Post by: Jan on March 14, 2013, 07:57:51 PM S is not random. The miner can basically choose any value he wishes.
Title: Re: Sum of all satoshis transactioned in the last block(s) Post by: DeathAndTaxes on March 14, 2013, 08:05:59 PM Even if the miner doesn't cheat S isn't evenly distributed. Far easier to just just the least significant 8 digits of the block hash.
Title: Re: Sum of all satoshis transactioned in the last block(s) Post by: remotemass on March 14, 2013, 08:14:19 PM To have a more random number you can multiply it by the number of seconds in between blocks.
But I agree, block hash may be a better choice. You don't even need to truncate it, just convert to decimal and do H mod N, with H being the hash of the block created - closing of the game - converted to decimal and N the number of participants of the list of participants by arrival, and you get a random pick, giving you the position of the winner in that list with H mod N. You just have to rule in advance which block will close the contest, than do this simple calculations, and voila! Or, of course, you could use a maximum number of participants if you wanted, and expect for the next block created after such last participation, to be able to tell the random pick. |