Piggy - Casinos are gonna hate this 🐽

[internetional]

Self-custody: totally agreed, it’s best for many. Piggy is optional for those who want a simple, lock-and-leave habit to keep some winnings from boomeranging back.

And still, I don’t understand how this service could attract Bitcoin users. What’s the advantage of sending sats to your address instead of sending them to my own timelocked address? Any neural network can explain how to do it, or even help write a script to automate it. The days when this required technical skills are over.

[pig.gy]

Self-custody: totally agreed, it’s best for many. Piggy is optional for those who want a simple, lock-and-leave habit to keep some winnings from boomeranging back.

And still, I don’t understand how this service could attract Bitcoin users. What’s the advantage of sending sats to your address instead of sending them to my own timelocked address? Any neural network can explain how to do it, or even help write a script to automate it. The days when this required technical skills are over.

Since this is all so trivial now, could you share a short example of creating a self-custody timelocked address, just a minimal step-by-step with tiny script snippet (CLTV/CSV is fine) to show the flow?

When you post it, remember you’re writing for a non-technical user. I’ve been in Bitcoin development for 10 years, and it’s still not easy for me. The worst part is you won’t know if the address works until the day arrives, some extra adrenaline.

With Piggy, it’s one click, no scripts and no risk of messing up and losing funds.

[Faizan Zen]

Piggy is a gambling site? It seem not a gambling site

[davis196]

So basically your business model is "give us your coins, we will keep them safe for you(until we run away with them)".
I get your point of trying to protect gamblers from wasting their gambling money, but nobody is going to trust you enough to send his coins to your service.
By the way, I like the domain name pig.gy, but having a cheap domain name with a .gy extension also can be seen as a red flag and a signal, that you don't want to build a legit and trustworthy business.
Why do you think that the crypto casinos "are going to hate this"? The casinos won't even notice the existence of your crypto service.

[internetional]

could you share a short example of creating a self-custody timelocked address, just a minimal step-by-step with tiny script snippet (CLTV/CSV is fine) to show the flow?

You can try it yourself. Use that exact sentence as your prompt. ChatGPT will walk you through it and propose concrete steps for implementation. You do not need to understand the technical internals. If something is interesting, ChatGPT can explain it. If not, it will simply give you a step by step guide and can break down each step.

If you are unsure, you can add this line to the prompt just in case:

remember you’re writing for a non-technical user

I already asked in Russian. You can check it here: https://chatgpt.com/share/689c75cc-f360-8009-8f3e-3cd1067255df
ChatGPT can translate if needed.

[memehunter]

Piggy is a gambling site? It seem not a gambling site

No it is not a gambling platform. It is basically a piggy bank for for your savings whose keys are not in your hands.

nobody is going to trust you enough to send his coins to your service.

Yeah, I agree they need to build trust first. But it is an chicken egg problem lol. I suggest to take help of some reputable campaign manager and start signature campaigns. You (piggy) can also sponsor some community exclusive contests to boost your branding and credibility.   

[logfiles]

Guess who decided to delete the other thread that had some constructive criticism and opened this new one expecting only positives

For those wondering, here is the archived version of the other no deleted thread because OP could "defend" his wallet that he thinks casinos will hate 

https://ninjastic.space/topic/5554438

[pig.gy]

Once a historic place where Satoshi himself was posting, now little more than an endless billboard for casinos and a hunting ground for low-effort signature beggars. What a shame.

[Apocollapse]

Since this is all so trivial now, could you share a short example of creating a self-custody timelocked address, just a minimal step-by-step with tiny script snippet (CLTV/CSV is fine) to show the flow?

When you post it, remember you’re writing for a non-technical user. I’ve been in Bitcoin development for 10 years, and it’s still not easy for me. The worst part is you won’t know if the address works until the day arrives, some extra adrenaline.

With Piggy, it’s one click, no scripts and no risk of messing up and losing funds.

Here's the process to create timelocked transaction https://bitcointalk.org/index.php?topic=2415595.msg24712087#msg24712087

Newbies might find it difficult to make the transaction, but they can learn and follow those steps.

Probably messing up with the script could happen, that's why they should try with a small amount and make for the next few block. So they can know if they successfully make it or not.