TrueFlip.io
|
|
June 26, 2017, 03:05:01 PM |
|
Just made new account there but not option to make deposit with other altcoins instead of BTC. Maybe my account have some problems to make deposit using LTC.
It seems I couldn't understand you correctly. You can't buy tickets for alcoins now. Such an opportunity will be available only after the ICO starts. But you will be able to buy tokens for altcoins from June 28. Best regards, Trueflip.ioThanks for this reply I was actually asking how to play lottery with altcoins so that I will wait for June 28 when this will be up for place bets there. Wise decision! Best regards, Trueflip.io
|
|
|
|
|
TrueFlip.io
|
|
June 26, 2017, 03:18:30 PM |
|
Hi, As a potential investor, I am very concerned by what I have seen looking at your lottery algorithm. There are 2 glaring issues that undermine the legitimacy of your lottery and are astounding given the millions that will soon be raffled on the site. 1) Any customer who has purchased a ticket using number 49 has been cheated. Your algorithm uses modulo 49 which makes it so only numbers 1 through 48 are drawn. 2) Your algorithm discards repeated numbers and moves to the next 4 character section in the hash. This is inherently ok, but there are no safeguards to prevent a bitcoin block hash that generates duplicate powerball numbers exceeding the unique hash length. This may not happen for a long time, if ever, but there are already 18 prefix 0s on the bitcoin block hash, reducing your available seeds for the drawings, and this will only decrease in time. When it does hit, your algo will crash. For a lottery based business understanding the impact of ' small odds', this should go without saying.. https://github.com/TrueFlip/prizecounter/blob/master/algorithm.pyedit: 4 character, not 4 bit edit2: this also applies to the golden ball with modulo 26 Hello, Bitboi1. You are right, and we have this bug found & fixed by now. The proper code is on GitHub (we try to publish the updates there as often as possible). All the following Draws will use the correct algorithm. Also we decide to enable a permanent Bug Bounty program after the ICO. As you’re the first community member to blaze this trail, we are pleased to reward you with True Flip tokens – just PM us for details! We will give an extra free ticket to everyone, who had played for free using number 49 from the main list or number 26 from the Powerball list. Also 2 paid tickets are provided in compensation for each paid ticket which had played using 49/26 numbers. Frankly, these days our whole resources are used to conducting the ICO, so we’ll do this in the nearest future. As for the second issue, we’re aware and don’t consider this to be an issue in the present time. The code will be improved rapidly in case the hash starts shrinking. According to True Flip’s roadmap, we plan a massive refactoring with third-party consulting involved – after the crowdsale ends, so we welcome you and everyone interested to help us improve the code. Again, we are open for any feedback that the community members are ready to provide us with. We will definitely encourage all useful inputs with with rewards FandangledGizmo Frank37 Best regards, Trueflip.io
|
|
|
|
TrueFlip.io
|
|
June 26, 2017, 03:29:16 PM |
|
It was pleasure to contribute as Korean translator.
Good luck with your ICO.
Hello SolidLiquidThank you for your work! Korean translation is coming tomorrow. Best regards, Trueflip.io Nice Korean web page. I'll be happy to announce this ICO to Korean Investors. Looking forward to your annoncement! It's time! Best regards, Trueflip.io
|
|
|
|
bitboi1
Newbie
Offline
Activity: 5
Merit: 0
|
|
June 26, 2017, 04:18:12 PM |
|
Hello, Bitboi1. You are right, and we have this bug found & fixed by now. The proper code is on GitHub (we try to publish the updates there as often as possible). All the following Draws will use the correct algorithm. Also we decide to enable a permanent Bug Bounty program after the ICO. As you’re the first community member to blaze this trail, we are pleased to reward you with True Flip tokens – just PM us for details! We will give an extra free ticket to everyone, who had played for free using number 49 from the main list or number 26 from the Powerball list. Also 2 paid tickets are provided in compensation for each paid ticket which had played using 49/26 numbers. Frankly, these days our whole resources are used to conducting the ICO, so we’ll do this in the nearest future. As for the second issue, we’re aware and don’t consider this to be an issue in the present time. The code will be improved rapidly in case the hash starts shrinking. According to True Flip’s roadmap, we plan a massive refactoring with third-party consulting involved – after the crowdsale ends, so we welcome you and everyone interested to help us improve the code. Again, we are open for any feedback that the community members are ready to provide us with. We will definitely encourage all useful inputs with with rewards FandangledGizmo Frank37 Best regards, Trueflip.ioHi, thanks for your response. Good to see you guys address it. However, I am still concerned why action would not be taken now to address the second issue. At present hash difficulty, the risk of duplicate draws crashing your algorithm is approx (4/49)^7 * 100 = .0000025%. Although very small, it is not safe!! Why risk this happening when it could be guaranteed correct with a few lines of code in only a few minutes? This probability is 100x more likely to occur than winning the jacket, ie, theoretically your algo will break 100 times before a jackpot is drawn. My opinion as a hopeful investor is that it does not instill confidence.
|
|
|
|
|
|
TrueFlip.io
|
|
June 26, 2017, 04:39:04 PM |
|
"i want to try my luck"
If you want to get free ticket, please do all of this steps: 1. Sign up at trueflip.io 2. Write your Telegram name in this topic adding "i want to try my luck" 3. Fill this form https://goo.gl/RufjyKBest regards, Trueflip.io
|
|
|
|
TrueFlip.io
|
|
June 26, 2017, 04:55:56 PM |
|
this is a great news man, thanks for updating us. i got few more questions though, about the twitter, i posted one already about my tweets and retweets, now i wanted to ask if do i need to post again for another batch or might as well edit my previous post so all of my tweets and retweets will only be in one post?
thanks,
ps: just checked the spreadsheet, why i dont have retweets and reposts indicated in the spreadsheet on both campaigns? only tweet and posts appear. no reposts and retweets..
Hello LEEMEEGOThank you for finding mistake, I've fixed it. Do the posts and tweets about TrueFlip as many as you want and can. If it is video or live, you get more stakes. They must be original. Post your next report to Bounty thread https://bitcointalk.org/index.php?topic=1980698.new#newTo check me and yourself number your links consecutively post to post. Best regards, Trueflip.io
|
|
|
|
lobat999
|
|
June 26, 2017, 05:17:01 PM |
|
"i want to try my luck"
If you want to get free ticket, please do all of this steps: 1. Sign up at trueflip.io 2. Write your Telegram name in this topic adding "i want to try my luck" 3. Fill this form https://goo.gl/RufjyKBest regards, Trueflip.ioThank you for the info. I've tried to avail of my free ticket but I can't get one. I'll try my luck later. Regards
|
|
|
|
|
|
Frank37
Sr. Member
Offline
Activity: 770
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
|
|
June 26, 2017, 09:11:37 PM |
|
Saran: i want to try my luck
|
|
|
|
self1sch
Full Member
Offline
Activity: 219
Merit: 100
https://foxtrading.io/?ref=xykdazw8
|
|
June 26, 2017, 09:51:08 PM |
|
I have a question: Let's say u guys get the 6125 BTC through the crowdsale, u will put half of it into the jackpot. Let's assume somebody wins that Jackpot 2 weeks later. While this is very unlikely, it could happen. What happens then? Ur gonna have another crowdsale?
|
|
|
|
YIz
|
|
June 26, 2017, 10:12:04 PM |
|
I have a question: Let's say u guys get the 6125 BTC through the crowdsale, u will put half of it into the jackpot. Let's assume somebody wins that Jackpot 2 weeks later. While this is very unlikely, it could happen. What happens then? Ur gonna have another crowdsale?
No. I don't think so, plus, the jackpot won't be won by one person but three.
|
|
|
|
TrueFlip.io
|
|
June 26, 2017, 10:26:52 PM |
|
I have a question: Let's say u guys get the 6125 BTC through the crowdsale, u will put half of it into the jackpot. Let's assume somebody wins that Jackpot 2 weeks later. While this is very unlikely, it could happen. What happens then? Ur gonna have another crowdsale?
We envisaged such a situation. Therefore, we are making 2 Jackpots. More details in the White Paper: https://trueflip.io/TrueFlip%20Whitepaper(01.06).pdf" Why do we still need to sell Tokens? Here are the main issues: 1. Jackpot. A lottery is interesting only if there is a BIG Jackpot. For a powerful launch we are planning to raise 1`960 BTC for Jackpot via Token Sale campaign. This value is achieved by multiplying: 40% * Total- SaleGoal * 80%, where 40% - is a share of funds assigned for Jackpot, TotalSaleGoal – amount of money raised during the Token Sale and 80% - is the rst part of the Jackpot. The Jackpot will be secured on cold wallets with use of multisignature escrow involving three community stakeholders, while the development team won’t have any access to this money. So when someone lucky wins the Jackpot, it will be transferred manually. 2. Second Jackpot. We understand that the probability of winning the Jackpot is 1:49`504`950. But the risk still exists, and we must ensure that we do everything we can to maximize the pro tability of our inves- tors. Therefore, we will have a second Jackpot, the size of 490 BTC, which corresponds to 20% of the funds assigned for the Jackpot. The calculation is as follows: 40% * TotalSaleGoal * 20%. It will also be stored on a cold wallet and use multisignature escrow involving three community stakeholders, but will only be used if the rst Jackpot is won. Thus, we minimize the risk of losing interest to our lottery if during one of the rst drawings the Jackpot will be won. " Best regards, Trueflip.io
|
|
|
|
Coroline
|
|
June 27, 2017, 02:42:54 AM |
|
"i want to try my luck"
Of course you must to try this lottery game, that very easy game and one think they are have a huge jackpot, and make sure dont be missed out the token sale that in 1 day left
|
|
|
|
adsjohn
|
|
June 27, 2017, 03:01:14 AM |
|
When we will be able to mine it?Wallet address?
|
|
|
|
Luke2939
Full Member
Offline
Activity: 224
Merit: 100
Building Wealth through AI and the power of the bl
|
|
June 27, 2017, 04:49:25 AM |
|
I have a question: Let's say u guys get the 6125 BTC through the crowdsale, u will put half of it into the jackpot. Let's assume somebody wins that Jackpot 2 weeks later. While this is very unlikely, it could happen. What happens then? Ur gonna have another crowdsale?
Come on! I am sure that the team will have strict measures to maintain the jackpot funds. I don't think someone will be able to wipe clean the Jackpot funds even when the there is a chance. Such an event, which if it happens, would be a big blow to True Flip and it is best to have something in place which would reduce the happening of such an event. Don't get me wrong! there should be winners and prizes should be distributed, but that doesn't mean a complete wipe out of the entire funds in Jackpots.
|
|
|
|
sabotag3x
Legendary
Online
Activity: 2716
Merit: 2328
|
|
June 27, 2017, 05:05:23 AM |
|
|
|
|
|
|