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Author Topic: Academic endeavor - FREE raffle for 0.1 BTC  (Read 1421 times)
Radivent (OP)
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May 30, 2013, 02:04:28 AM
 #1

Ok folks, so I need to gain trust, I guess, and this seems like a good way to do it.  Enter a bitcoin address in reply, and a winner will be chosen after 23:00 US Eastern Standard time.  I want to make the system self-verifiable, so I am proposing this as a way for everyone to authenticate the winner.  However many replies have been made (with a bitcoin address by unique members), I will divide that number by 2, and drop any remainder.  I will then select the user whose reply corresponds to that number (remember, must be a unique member with a bitcoin address to qualify), and do a SHA-1 hash of the user's name.  If there are under 10 users, then I will select the first two numbers in the hash, and count responses sequentially (circling back to the beginning if the number is larger than the number of responses) to find the winner.  If there are under 100 users, then I will select the first three numbers in the hash, etc.

ALL YOU NEED TO KNOW: Reply with a bitcoin address for a chance to win 0.1 BTC.  All I ask in return is a positive trust rating when the winner confirms they were paid.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Radivent (OP)
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May 30, 2013, 02:14:09 AM
 #2

No one likes MY raffle?  I guess 0.1 BTC is too small?
srps
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May 30, 2013, 02:15:28 AM
 #3

1Kd76KgFCi8PnY5aGMtHWmphZQoXPsNgqG
Radivent (OP)
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May 30, 2013, 02:16:19 AM
 #4

srps, so far you are a guaranteed winner... Wink
Radivent (OP)
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May 30, 2013, 02:24:08 AM
 #5

Only 36 minutes left to enter.  So far, if you enter, you would have a 50/50 chance at .1 btc
hasher87
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May 30, 2013, 02:28:10 AM
 #6

as long as i dont have to pay for anything  Grin

1HaGsG2Fn6qWjpgSHCsbBVAL9jeBMbszGo
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May 30, 2013, 02:30:19 AM
 #7

14KQS4zbkTLr6ftp5VzGcT4PiWJKMipCtX   Grin

Radivent (OP)
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May 30, 2013, 02:31:05 AM
 #8

Remember folks, all I ask for in return is a "trust" endorsement.  28 minutes left...
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May 30, 2013, 02:31:59 AM
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1Djq7ZxzzWQ5DCiPe2GaXNX3XKvbGwJaZW

Thanks for the contest, hope I win  Cheesy
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May 30, 2013, 02:32:20 AM
 #10

"Trust":
  • The winner gives you feedback - they'll put 0.0 in "risked BTC"
  • The winner adds you to their trust list - I wouldn't trust anyone who would do that
  • The winner says "gee thanks" - not a good indicator of trust

If it's #2, I will be making sure that nobody who trusts someone who trusts the winner is on my list.
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May 30, 2013, 02:33:01 AM
 #11

1EPQq1uqo13LPG8BeHgCQcbE7pbujqnXrm

ty

tips: LSQB6J4RRbjTptzFcCC4uU4yGsMUXGLgDQ
       1EPQq1uqo13LPG8BeHgCQcbE7pbujqnXrm
pand70
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May 30, 2013, 02:33:41 AM
 #12

1JfmcdXLw5qsy8XU2UhXuXkopVvSb5gh5t

Radivent (OP)
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May 30, 2013, 02:35:00 AM
 #13

Ouch, rough crowd.  I'm a newbie, dude.  Take it easy.  In theory at least 0.1 btc are at risk, and the winner could even leave me negative trust if I don't pay up.  What am I missing?
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May 30, 2013, 02:40:43 AM
 #14

Address in signature Grin

Radivent (OP)
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May 30, 2013, 02:43:36 AM
 #15

Just to be clear, once the forum clock strikes 3 AM, raffle is closed and winner is decided based on aforementioned methodology.
nimda
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May 30, 2013, 02:43:46 AM
 #16

Ouch, rough crowd.  I'm a newbie, dude.  Take it easy.  In theory at least 0.1 btc are at risk, and the winner could even leave me negative trust if I don't pay up.  What am I missing?
There's no money at risk at all. Also, the negative trust is not a risk either, because your account is so new that you can just throw it away.
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May 30, 2013, 02:44:59 AM
 #17

i dont have my address with me atm, but count me in
Radivent (OP)
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May 30, 2013, 02:45:54 AM
 #18

Seemed like a good idea at the time...  Thanks for harshing my mellow.
Radivent (OP)
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May 30, 2013, 02:47:23 AM
 #19

to be clear, winner will still get paid, despite the old pro rippin' on me for being new.
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May 30, 2013, 02:50:31 AM
 #20

1GJVc63R2DvXdfvDv7siqEaemXKMLHRpvA

good idea you got going here:)
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