Bitcoin Forum
April 30, 2024, 03:37:47 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Poker Chip Coin  (Read 734 times)
Singlebyte (OP)
Hero Member
*****
Offline Offline

Activity: 854
Merit: 1000



View Profile
June 12, 2013, 08:28:02 PM
 #1

How about a new coin...call it Poker Chip Coin

You can mine the coin like normal, but you can also wager the chip back into the pot.   Wagered chips give you less difficult future rounds (and higher odds of solving future blocks).  But it would have to be a some mathematical odds for your wager.  Almost like a lottery but with higher odds or greater possible returns.  Is this doable?
1714491467
Hero Member
*
Offline Offline

Posts: 1714491467

View Profile Personal Message (Offline)

Ignore
1714491467
Reply with quote  #2

1714491467
Report to moderator
1714491467
Hero Member
*
Offline Offline

Posts: 1714491467

View Profile Personal Message (Offline)

Ignore
1714491467
Reply with quote  #2

1714491467
Report to moderator
1714491467
Hero Member
*
Offline Offline

Posts: 1714491467

View Profile Personal Message (Offline)

Ignore
1714491467
Reply with quote  #2

1714491467
Report to moderator
"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714491467
Hero Member
*
Offline Offline

Posts: 1714491467

View Profile Personal Message (Offline)

Ignore
1714491467
Reply with quote  #2

1714491467
Report to moderator
1714491467
Hero Member
*
Offline Offline

Posts: 1714491467

View Profile Personal Message (Offline)

Ignore
1714491467
Reply with quote  #2

1714491467
Report to moderator
MaGNeT
Legendary
*
Offline Offline

Activity: 1526
Merit: 1002


Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na


View Profile WWW
June 12, 2013, 08:30:14 PM
 #2

How about a new coin...call it Poker Chip Coin

You can mine the coin like normal, but you can also wager the chip back into the pot.   Wagered chips give you less difficult future rounds (and higher odds of solving future blocks).  But it would have to be a some mathematical odds for your wager.  Almost like a lottery but with higher odds or greater possible returns.  Is this doable?

Almost anything is doable, but I don't know who can do it  Grin
Singlebyte (OP)
Hero Member
*****
Offline Offline

Activity: 854
Merit: 1000



View Profile
June 12, 2013, 08:43:49 PM
 #3

Or another possible scenario:

Your wagered coins go into a large seperate pool.  Then the system randomly awards the pot to a miner who wagered coins.  The more "loto tickets" you buy, the better your odds for winning.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!