🔶 YOLOdice.com 🔶 suspended on 16st Mar 2021

[Kiritsugu]

Is it still possible to claim my prize for the previous halloween number hunt? I've pm'd ethan on the site a couple of times but I haven't received any response though.

I forwarded this to ethan, what's your User ID (the number next to your name)?

Sorry for the late reply my user id is 65494. I already received the tip/prize from ethan thank you for the quick help. Looking forward to yolodice's next number hunt.

No problem, glad you got it sorted!  Thanks for playing!

[Etude]

I like how fast YoloDice rolls are and also the interface.
They offer alot of good promotional contest and the prizes are of very decent amounts.

[ethan_nx]

I know you said you wouldn't halt withdraws before, but if you plan to distribute 2x, how will you be able to stop people from replaying withdraws right after the fork and taking 2x coins?

I am pretty sure what they will end up doing is exactly what every other service out there will do.

They will basically split the coins themselves first to prevent that from happening.

Basically a few hours after the fork, they will send all their cold/hot storage funds into another wallet that they control private keys to, and they will allow withdraws from that new wallet.

So what happens if someone withdraws in those few hours? They get BCH coins. Also, why do you say "into another wallet that they control the private keys to", as if these services are trusting some sort of API or something with their hundreds of thousands of dollars.

Hi,

honestly we don't have a specific plan how to handle 2x fork, but we are ready for any scenario. Basically here's what we'll be doing:

If Segwit2x does not implement replay protection:

1. Before the fork and some time after the fork all withdrawals and deposits will be suspended.
2. Depending on the situation this could take long and we'll have to wait to see which chain becomes the "real" Bitcoin.
3. If we success in splitting the coins (e.g. using timelock) we'll distribute "minority coin" to our users.

If Segwit2x  implements replay protection:

1. We do more or less what we did with Bitcoin Cash fork - we take snapshot of funds try to distribute them to our users.
2. Whatever will be called "Bitcoin" after the fork, we'll stick to it.


Anyway, the issue is that 2x for is not intendet to create another flavor of Bitcoin (another coin), but rather to replace Bitcoin itself. Right now we are still not sure how much hashpower it will get. Declarations indicate more than 80% hashpower now, so it's a lot. Can 2x fork become THE Bitcoin? Yes, it's possible.

We'll be following the situation closely and keep your funds safe.

Cheers,
Ethan

[Kiritsugu]

hello
My account :ln433687
i hope win
thanks

Nice forum spam you got there.  And an account that doesn't even exist yet?  Nice.

[adaseb]

I know you said you wouldn't halt withdraws before, but if you plan to distribute 2x, how will you be able to stop people from replaying withdraws right after the fork and taking 2x coins?

I am pretty sure what they will end up doing is exactly what every other service out there will do.

They will basically split the coins themselves first to prevent that from happening.

Basically a few hours after the fork, they will send all their cold/hot storage funds into another wallet that they control private keys to, and they will allow withdraws from that new wallet.

So what happens if someone withdraws in those few hours? They get BCH coins. Also, why do you say "into another wallet that they control the private keys to", as if these services are trusting some sort of API or something with their hundreds of thousands of dollars.

Hi,

honestly we don't have a specific plan how to handle 2x fork, but we are ready for any scenario. Basically here's what we'll be doing:

If Segwit2x does not implement replay protection:

1. Before the fork and some time after the fork all withdrawals and deposits will be suspended.
2. Depending on the situation this could take long and we'll have to wait to see which chain becomes the "real" Bitcoin.
3. If we success in splitting the coins (e.g. using timelock) we'll distribute "minority coin" to our users.

If Segwit2x  implements replay protection:

1. We do more or less what we did with Bitcoin Cash fork - we take snapshot of funds try to distribute them to our users.
2. Whatever will be called "Bitcoin" after the fork, we'll stick to it.


Anyway, the issue is that 2x for is not intendet to create another flavor of Bitcoin (another coin), but rather to replace Bitcoin itself. Right now we are still not sure how much hashpower it will get. Declarations indicate more than 80% hashpower now, so it's a lot. Can 2x fork become THE Bitcoin? Yes, it's possible.

We'll be following the situation closely and keep your funds safe.

Cheers,
Ethan

I agree with you. Its highly unlikely that both chains will exist.

Either one chain will have no hashrate or one chain will have absolutely no value.

With Bitcoin Cash and Bitcoin Gold, the bitcoin ecosystem doesn't need a 4th bitcoin fork.

I think this entire Segwit2x is a bit out of proportion and we are already seeing some pools opting out of signalling for NYA.

[ethan_nx]

I agree with you. Its highly unlikely that both chains will exist.

Either one chain will have no hashrate or one chain will have absolutely no value.

With Bitcoin Cash and Bitcoin Gold, the bitcoin ecosystem doesn't need a 4th bitcoin fork.

I think this entire Segwit2x is a bit out of proportion and we are already seeing some pools opting out of signalling for NYA.

It seems that the crisis  has been resolved SegWit2x backers cancel plans for bitcoin hard fork - https://medium.com/@OneMorePeter/onwards-all-in-on-segwit-9e7cb3faa73d

This is indeed good news for Bitcoin!

[RGBKey]

I've added a command to AM to report Bitcoin Core's estimated fee on transactions. Use it like !fee [numblocks]

For example, to see what fee you should use for confirmation within the hour:

Code:

!fee 6
Estimated fee to be confirmed in 6 blocks is 281 sat/byte

[ethan_nx]

I've added a command to AM to report Bitcoin Core's estimated fee on transactions. Use it like !fee [numblocks]

For example, to see what fee you should use for confirmation within the hour:

Code:

!fee 6
Estimated fee to be confirmed in 6 blocks is 281 sat/byte

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

[RGBKey]

I've added a command to AM to report Bitcoin Core's estimated fee on transactions. Use it like !fee [numblocks]

For example, to see what fee you should use for confirmation within the hour:

Code:

!fee 6
Estimated fee to be confirmed in 6 blocks is 281 sat/byte

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

I'll consider changing it, this was more a first step to connecting AM to my local full node and using the JSON RPC to get data. I should be able to move the !last command over to this method now and reduce AM's dependency on third party APIs

[adaseb]

I've added a command to AM to report Bitcoin Core's estimated fee on transactions. Use it like !fee [numblocks]

For example, to see what fee you should use for confirmation within the hour:

Code:

!fee 6
Estimated fee to be confirmed in 6 blocks is 281 sat/byte

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

Basically that website AND https://jochen-hoenicke.de/queue/#8h

Provide the best method of fees if you want it confirmed within the hour.

The bitcoin fee estimator website by 21fees is always off by a few hundred satoshis at least.

In my opinion the site should pay the lowest fee as possible with RBF, and if it doesn't confirm within 2 hours they should replace that transaction with a higher fee.

[RGBKey]

While I haven't changed the underlying data source from estimateSmartFee on Bitcoin Core, !fee now accepts simple time units as well as block counts when taking input. It also will always list the expected amount of time required for the number of blocks returned by the fee estimate every time.

Example:


Works with m for minute, h for hour, and d for day. Will round up to the nearest block.

[ethan_nx]

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

[RGBKey]

Just for fun, here's AM's top 20 used commands. Top two spots are taken by the Bitcoin price in USD and PHP, followed closely by people wondering where HAL went

[Samo Dobri]

I am new and can you please send free coins to my profile: Medardo95090

I like your site, but write now fees for sending BTC are huge and it will be
great that I can play a little bit.

All best to you.

[panjul07]

I am new and can you please send free coins to my profile: Medardo95090

I like your site, but write now fees for sending BTC are huge and it will be
great that I can play a little bit.

All best to you.

It is not the right place to ask for free satoshi IMO, you can use free faucet there or as I know you can be active chatting there and you might get some free tips from bots or other players.
I have to agree that transaction fee is too expensive at the moment, probably yolodice should consider to add altcoins to avoid this high tx fee.

[moooonu]

I am new and can you please send free coins to my profile: Medardo95090

I like your site, but write now fees for sending BTC are huge and it will be
great that I can play a little bit.

All best to you.

Well we don't provide any signup bonus. But you can claim faucets i.e. free coin provided by the site. You can test the site with those faucets.

[p3ppymon]

Is there any plan to introduce new currencies on yolodice? Also, is there a plan to invest in the site with other currencies rather than bitcoin?

[adaseb]

Is there any plan to introduce new currencies on yolodice? Also, is there a plan to invest in the site with other currencies rather than bitcoin?

Yes in my opinion due to the huge backlog there should be an alternative currency for all bitcoin casino sites.

I think they should either make it Bitcoin Cash, USD Tether, Litecoin or Ethereum.

Bitcoin Cash is the very simplest to make because its an exact fork off Bitcoin. Litecoin is also very similiar. Ethereum is very different but has the fastest block times. And Tether would be good since Bitcoin is very volatile.

[jamie1029]

Hello, may I know the progress on distributing Bitcoin Gold to those who had BTC on Yolo during the fork? Will there be an announcement made on this soon?

[Kiritsugu]

Is there any plan to introduce new currencies on yolodice? Also, is there a plan to invest in the site with other currencies rather than bitcoin?

Yes in my opinion due to the huge backlog there should be an alternative currency for all bitcoin casino sites.

I think they should either make it Bitcoin Cash, USD Tether, Litecoin or Ethereum.

Bitcoin Cash is the very simplest to make because its an exact fork off Bitcoin. Litecoin is also very similiar. Ethereum is very different but has the fastest block times. And Tether would be good since Bitcoin is very volatile.

This was discussed further back in the thread many times, and gets talked about a lot in chat, but in case you missed it:

Ethan is already working on adding LTC support to YOLOdice, and most likely ETH sometime after that (but nothing is set in stone).  He's still working very hard to get the LTC integration, as it's not a simple flip of the switch; he essentially has to re-design the site from the ground up while also ensuring there's no bugs or exploits.  In case you didn't know, Ethan pretty much works solo on YD, he does not have a team of coders or anything like that, it's just him and Scott.

He told me it will take some time, but once it's done, it will be much easier to add other coins in the future.