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Author Topic: Determinist gambling  (Read 833 times)
remotemass
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December 14, 2012, 01:39:01 PM
 #1

What about a p2p network that would have a client that you could use to lock an integer number of your choice that nobody in the network could know till some proof-of-work was done. The final number would be the sum of all such peer locked numbers. That number would be determined before the proof-of-work but nobody could know it, which would make that number interesting for gambling games, for instance. It could represent the number of shifts in a spinning wheel, for instance.
Or the number of times a list of participants needed to be shifted or shuffled to get the list of winners for that contest.
What do you think?

Would be great there was a torrent file of all referenced materials of the paper: "How to Build Time-Lock Encryption" by Tibor Jager. And having its magnet link published on bitcoin blockchain!
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HostFat
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December 14, 2012, 01:53:46 PM
Last edit: December 14, 2012, 02:59:13 PM by HostFat
 #2

Please do it, even the simpler game (coin flip) will have an huge success Wink

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December 14, 2012, 01:56:24 PM
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I don't see how this could work. You cannot conceal and process information at the same time.
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December 14, 2012, 06:50:21 PM
 #4

https://lbaat.net/ may be about the closest it's possible to get to what you propose.

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