In the past months we supported two Bitcoin forks, namely Bitcoin Cash and Bitcoin Gold, believing that these forks might bring something new to the crypto world. Well, we actually saw they were mainly for-profit, highly speculative and unstable projects, but we decided to credit our users with tokens in forked chains. Both of these forks were challenging for us because we had to securely move the coins from the cold wallet without compromising our security, and distribute the coins among players and investors that held balance on the day of the fork. Kiritsugu knows how much time we spent on these issues.

After the (moderate) success of BCH and BTG forks, it seems that the fork-eldorado has started. There at least 10 other forks going on now or planned, most of them look like scam to us, with enormous amount of pre-mined coins. We cannot fairly look if there are any forks that would bring any significant value to the table. They mostly look like a way for fork  developers to get rich pretty much instantly.

Bitcoin Cash had quality issues with it's codebase, Bitcoin Gold started by advertizing features they did not even have. The forks I looked up now don't have much more than a website full of marketing bullshit.

Thefore me and Scott decided we will not support the upcoming forks. We will not snapshot user balances and we will not credit users with tokens in the forked coins. Honestly I think these new forks will simply fail miserably.

I am far from calling all forks a "scam" because I'd need to look closer at every single fork. But from what I see - the success of BCH and BTG inspired a lot of people looking for quick profit.

A word of warning: I advise ultra-awareness when dealing with anything related to "forks".

BTW: The fork called Segwit2x has NOTHING to do with the previously proposed Segwit2x - if you think this is the same thing and the same developers, you are deeply wrong.

Instead we keep working on YOLOdice to support well-established coins like Litecoin (coming mid-January) and probably other coins soon. If you want to suggest us a new coin, please do. I am personally considering Monero or Ethereum. YOLOdice is our top-priority project we want to devote to in 100% and we want to keep it this way, instead of fixing and finding issues with wallet codes.

Cheers,
Ethan

We are using several metrics to determine if a deposit can be credited without being confirmed in the blockchain. As Kiritsugu said, we are doing our best, but with the current average network fees and the number of unconfirmed txes out there  only a small percentage of deposits are accepted automatically.

0-confirmation deposits were never guarenteed, but at the times when mempool is not that overloaded it works pretty well, given the transaction has decent fees and propagates well across the network.

Cheers!
Ethan

It's hard for me to realize we've been online for a year now. It passed so quickly! But I am really glad we made it and what we achieved in this year is just awesome.

Running a Bitcoin dice site has been much harder than I thought, but it's been a great experience. I am really, really glad we decided to build YOLOdice and make it our full-time "job".

A big "THANK YOU" to all our players, investors, friends, supporteds, moderators, bug-hunters - it's been a pleasure.

We have great plans for the upcoming months and we definitely want to keep making YD a higly-trusted Bitcoin site!

Cheers!
Ethan

Good luck everyone and have fun! I am really glad you've been with us for a year now and I hope the future will bring us a lot of great things!

Cheers,
Ethan

Hi there,

first, thanks for sticking with our campaign! Some of you are with us for almost a year now. I think the campaign is a really succesfull one and I am happy we started it.

I've been keeping the same rated from the very beginning of the signature campaigh - despite the increasing BTC/USD price I wanted to keep the per-post rates unchanged. Recently however BTC/USD is skyrocketing and I have to adjust the rates.


All the other rules remain unchanged.

New rates will become effective next weekly cycle (Mon, 11. Dec), your upcoming payouts (for this week) will be based on old rates.

Thanks and cheers!
Ethan

I guess some sites are subsidizing the withdrawals. We are not. We try to pay minimum required network fee for the transaction to be included in the next block, and what we charge as a "flat withdrawal fee" is the average fee.

If any way to pay lower fees appears for BTC we'll look at this. Right now there is no Lightning Network, so it's hard to say if we'll support it or not. I guess we will, but I cannot promise that right now.

One thing for sure, we'll support other coins (likt LTC). With other coins the network fees are negligible so I guess it would somehow solve the problem for at least some players.

Cheers,
Ethan

Hi everyone!

There are some important changes coming to the leveling system that will hopefully make the sistem independent of the crazy BTC/USD price.

Anyway, I pushed a few important changes today which may (or might not) affect your accounts:

1. You can get XP (eXperience Points) from the people that follow you. This is still true, but from now on followers that wagered 0.0001 BTC or less do not pass any XP. Earlier even players with nothing wagered passed minimal amounts of XP and we found users that were creating thousands of user accounts to take advantage of this fact.

2. I have reduced faucet amounts for the low-level accounts. The amounts were set when BTC/USD was way lower than it is now and we had to make these amounts a bit more reasonable again.

Cheers,
Ethan

^^ This. Plus, the responsibility to keep ~700 BTC safe makes me go through each line of code I write several times to avoid errors.

Adding LTC is on it's way, it's true I thought it would take less time, but it became a mid-term project within YD. I've been working on several other improvements for YOLOdice, so we keep moving forward!

On the other hand I am glad we distributed BCH and BTG to our users, the amount of positive feedback is tremendous!

Cheers!
Ethan

Two more things:

1. If you claim your BTG, please use a BTG address when talking to HAL. These addresses start with G or A letter. Some people entered their BTC addresses and I cannot make the withdrawal. If this happened to you, talk to HAL again and simply type:

2. The list of completed withdrawals is available at https://docs.google.com/spreadsheets/d/18CKVk3Z237avleDfBSzbVYyxyNrUeE1Q3CF9nsZhxfQ/edit#gid=0. HAL will also give you this link, but if you forget it, this is where you can check if your transaction has been sent already and its TXID.

Cheers,
Ethan

There have been 2 forks recently and we distributed coins from these 2 forks. I guess if anything serious happens in the future and there are no technical issues - yes, we'll be sending out coins. But we'll announce this ahead each time.

Thank you for all warm comments! We try to do our best here and it's really nice you appreciate the work we do! Thanks!

Cheers,
Ethan

Thanks for trusting us!


Last time I sold most of my BCH at HitBTC - they did not require any kind of account verification and everything worked fine. At HitBTC the price was significantly lower at the beging (both when BCH launched and when BTG launched) because HitBTC was one of the first exchanches that allowed deposits of the new coin.

This time I will probably hold BTG hoping it will gain some (purely speculative) value. I also believe this is the expectation of most traders after seing how BCH behaved, so BTG might be pumped even more.

Cheers,
Ethan

Every user that held any BTC balance over 0.0001 BTC on 24 Sep 2017 (when the BTG split occured) has been given extra BTG coins (1 BTC = 1 BTG). By "balance" I mean the Bitcoin balance and the value of investments.

We don't support BTG in YOLOdice (you cannot play with it), but to be fair we can send them back to you.

1. Go to our chat: https://yolodice.com/#chat.

2. Type this to start a conversation with our bot HAL:
3. In a private conversation with HAL type this to check your BTG balance.

If you have balance larger than the threshold of 0.0001 BTG, HAL will tell you what to do next.

We send BTG manually (once a day) and HAL will give you a link where you can check if your withdrawal has been processed.

As always, beware of scam sites that can steal your money - always be careful. Before you deposit your coins to a 3rd party, check it the service is credible.

Deadline for claiming your BTG is 31 December 2017! It's a lot of time, but don't postpone it!

That's all! Cheers and good luck!
Ethan

I am glad you like it :-)

I have sent the first batch of BTG to those that claimed it already. I will try to email everyone that had balances on YD at the time of the fork.

Good thing is that BTG/BTC exchange rate increased a bit since yesterday, I was tempted to sell all my BTG at once, I am glad I did not do it :-)

Cheers,
Ethan

Cryptocurrency users should ALWAYS be careful when using ANY software. You are definitely right. Do you think we should add a warning of some sort to what HAL says?

UPDATE: We are almost ready to start sending BTG coins. I have succesfully moved coins out of cold wallet. Wait for more info tomorrow. Cheers!

We are almost ready to distribut BTG coins to people that held Bitcoin blanace on 24 October. This time our bot, HAL, will handle some of the work.

I think we'll be ready to start distributing coins later this week, but you can already tell us to which address you want us to send your coins. To do this simply:

1. Go to our chat: https://yolodice.com/#chat
2. Type this to start a conversation with our bot HAL:
3. In a private conversation with HAL type this to check your BTG balance. HAL will tell you what to do next:

That's all. I will post more details about the distribution once we are ready to actually send the coins.

Cheers!
Ethan

Good luck everyone!

The fees went crazy for a while - some miners moved their hashpower to Bitcoin Cash. Hopefully this will not happen often. We had tons of unconfirmed deposits and withdrawals during the weekend.

The situation is back to normal now, almost all withdrawals have been processed. We still have larger-than-usual number of unconfirmed deposits, but hopefully the mempool is being cleaned up.

Cheers,
Ethan

Hi,

well, it's probably not the place to discuss fee evaluation methods, but actually simpler methods work much better for reliable fee estimation. Check this out, this is IMHO how the fees should be calculated in the reference wallet: https://btc.com/stats/unconfirmed-tx

Cheers,
Ethan