weedard (OP)
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June 14, 2011, 07:39:21 PM |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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weedard (OP)
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June 14, 2011, 08:18:40 PM |
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Come play with me  |
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deslok
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Activity: 462
Merit: 250
It's all about the game, and how you play it
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June 15, 2011, 02:39:34 AM |
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took a look your odds are better with double tripple 49% of double as opposed to 1/110 in winning
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"If we don't hang together, by Heavens we shall hang separately." - Benjamin Franklin
If you found that funny or something i said useful i always appreciate spare change
1PczDQHfEj3dJgp6wN3CXPft1bGB23TzTM
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loceff13
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June 15, 2011, 02:49:38 AM |
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^^true good thinking
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drpfenderson
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June 15, 2011, 03:31:19 AM |
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Yeah. Odds on this are a little wonky.
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rnreekez
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June 15, 2011, 06:53:59 AM |
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I win SSL error!
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weedard (OP)
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June 16, 2011, 08:27:50 AM |
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SSL fixed  Thx |
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weedard (OP)
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June 16, 2011, 01:17:27 PM |
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Play with me  |
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vienna
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June 16, 2011, 02:23:42 PM |
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some other winners here? |
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bitminers
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June 16, 2011, 02:27:01 PM |
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How's this work Is this your site Weedard?? |
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vienna
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June 16, 2011, 02:39:51 PM
Last edit: June 16, 2011, 02:52:32 PM by vienna |
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You go the site, click a button and then an extra account number is generated. you transfer 0.01 BTC to that accountnumber and stay on the website. if you are lucky, u'll receive 1BTC ^^. Thats what the site is promising.
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clint25n
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June 16, 2011, 02:56:33 PM |
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I only have .1BTC so far :9 How much can I win lol.
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Bert
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June 16, 2011, 03:02:56 PM
Last edit: June 16, 2011, 03:13:52 PM by Bert |
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Quite smart the way that it generates a unique destination address for each person who visits the website.
So person A gets an unique destination address of e.g. 1BW6kXgUjGrFTqEpyP8LpVEPQDLTkbATZ6 (this is mine, not the games)
If they transfer 0.01 BTC their webbrowser/IP address can proceed to their next web page. If they don't pay within 24 hours, the address is discarded.
Once the pot hits 1.10 BTC the 110th player is rewarded with 1 BTC, the rest being profit and fee for the 110 transactions. So each player has a 1 in 110 chance of wining. I personally wouldn't bet on a horse at those odds. Of course you could bet 55 times and have a 50/50 chance of winning 0.45 BTC.
It is a fun little thing, which could be used as a payment system for ebooks just as readily. You get to read the 1st chapter for free, if you like it send 0.1 BTC to this address and we will let you download the full ebook.
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Tip jar: 1BW6kXgUjGrFTqEpyP8LpVEPQDLTkbATZ6
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Bezza
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June 16, 2011, 04:39:10 PM |
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It is a fun little thing, which could be used as a payment system for ebooks just as readily. You get to read the 1st chapter for free, if you like it send 0.1 BTC to this address and we will let you download the full ebook.
Really like this idea, get to it! |
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Bert
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June 16, 2011, 05:12:19 PM |
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I'm more an ideas person, I let others run with them.
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Tip jar: 1BW6kXgUjGrFTqEpyP8LpVEPQDLTkbATZ6
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Ansem
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June 16, 2011, 05:23:27 PM |
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Okay, the odds are better than the lottery, but still I wouldn't bet on it. The technical side is interesting though, as Bert mentioned.
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jimbo77
Member
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Activity: 224
Merit: 10
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June 16, 2011, 05:34:12 PM |
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Quite smart the way that it generates a unique destination address for each person who visits the website.
So person A gets an unique destination address of e.g. 1BW6kXgUjGrFTqEpyP8LpVEPQDLTkbATZ6 (this is mine, not the games)
If they transfer 0.01 BTC their webbrowser/IP address can proceed to their next web page. If they don't pay within 24 hours, the address is discarded.
Once the pot hits 1.10 BTC the 110th player is rewarded with 1 BTC, the rest being profit and fee for the 110 transactions. So each player has a 1 in 110 chance of wining. I personally wouldn't bet on a horse at those odds. Of course you could bet 55 times and have a 50/50 chance of winning 0.45 BTC.
It is a fun little thing, which could be used as a payment system for ebooks just as readily. You get to read the 1st chapter for free, if you like it send 0.1 BTC to this address and we will let you download the full ebook.
How do we know who the 110 person is? Couldn't jackpotcoin just pay themselfs by watching there comp and win their own pot and no one would know! |
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bitminers
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Activity: 84
Merit: 10
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June 16, 2011, 05:37:53 PM |
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I don't know who owns that site, I put in 2, and I really think it needs more thought!
Could be a bit of a scam, not too sure!
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Bert
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June 16, 2011, 05:57:32 PM |
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It could be a scam, but the fact that they keep 0.10 (less fees) for every 1.10 BTC makes me believe that it isn't. A 10% profit margin on a small gambling toy that probably took a few days to write and debug is fair enough. But you are right there is no way of knowing even if they displayed the block number (after a 110 round game of the transactions).
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Tip jar: 1BW6kXgUjGrFTqEpyP8LpVEPQDLTkbATZ6
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bitminers
Member
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Activity: 84
Merit: 10
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June 16, 2011, 06:09:00 PM |
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Yeah Bert, I do Agree!
It's very basic looking, just wondering if it's some sort of IP / Wallet collection site, got me thinking thats all. I did try it, not worried about my security though LOL
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