[ANN][CSC] CasinoCoin - The Premiere Coin for Casino Gaming | Kimoto Enabled!

[transcoder]

Dropping in for another update -- lots of progress since the last post!

The updated CasinoCoin client code has been written and has incorporated the latest Litecoin security features as well as QR code support. Most importantly, the issue with pool hopping that causes the CasinoCoin network to become stuck at high difficulty has been addressed in this upcoming update with the implementation of Kimoto's Gravity Well. Details about the Kimoto's Gravity Well algorithm in the post below.

I have done initial testing, and all basic features (ie. send, receive, solo mining, difficulty adjustment, RPC calls, QR code display, wallet backups/restore, wallet encryption, block re-indexing, etc) appear to be working fine. I will continue testing this evening and iron out a few things. In the meanwhile, the alpha version of the CasinoCoin 1.1.x client is available at the link below if anyone wants to review the source code and/or test out the update.

https://github.com/transcoder/CasinoCoin-Alpha
(this is for test purposes only -- the final source code will be available at the main CasinoCoin branch on Github)

Here is a link to the testnet blockchain that contains the genesis block in case any testers want to load it locally:
https://github.com/transcoder/CasinoCoin-BlockChain-testnet

As soon as testing is complete, I will build the Windows installer and Mac OS X client, and will upload the code and binaries to the main Github repository where everyone will have access to it. Soon after, I will coordinate with the exchanges, mining pools, game operators and sysadmins that are running the old version of the CasinoCoin wallet to let them know an update is available that requires a hard fork.

The hard fork is scheduled to kick in at block 230,000, which according to the block generation rate of the last 10 days, will kick in sometime in the middle of/late next week.

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[transcoder]

So as some of you are aware, all alt-coins have faced an issue with multipools and the effects of poolhopping. These multipools mine the current most profitable coin, and when the difficulty kicks in at a higher level, the multipools move onto the next profitable coin, leaving the one that they just mined stuck at a high difficulty. This affects miners dedicated to the coin because they now have to expend more time and resources to mine the same amount of coins. This issue has affected CasinoCoin since the start, and more recently, community members have pointed this out to me and requested an update to address this issue.

@kwest came to me with a suggestion regarding Kimoto's Gravity Well. After some research, I concluded that this will be the way forward for CasinoCoin to address the issue of poolhopping. This algorithm was first implemented by Dr Kimoto Chan with Megacoin, and since then, the success of this algorithm has attracted other alt-coins such as Franko, AnonCoin and others.

Essentially, this algorithm adjusts difficulty after each block. So when a multipool drops off, difficulty is automatically adjusted as soon as the next block is found. This smoothens out difficulty and doesn't leave it hanging for long. Franko's successful implementation of Kimoto's Gravity Well has attributed to the mining stability of the coin, as well as the recent spike in value.

Here is a great read on the topic:
The Newbie's Guide to Kimoto's Gravity Well

This update will be available in CasinoCoin 1.1.0.x. It is currently being tested at the moment and will be available to download shortly after.

[veertje]

Soon after, I will coordinate with the exchanges, mining pools, game operators and sysadmins that are running the old version of the CasinoCoin wallet to let them know an update is available that requires a hard fork.

The hard fork is scheduled to kick in at block 230,000, which according to the block generation rate of the last 10 days, will kick in sometime in the middle of/late next week.

1) When installing the new client, it uses the old address at once? Not creating a new one first?

2) Is there anything to be done to minimize the risks of losing my coins?

3) As mentioned in the page before about the .conf-file:

Maybe there should be an instruction in the zip-file and a good working .conf-file delivered in the zip-file also, when dowloading the wallet.

A lot of newbies think that install of the wallet is the only thing to do. The .conf is important and forgotten most of the time or they use not the good nodes in the .conf.

[Zen00]

Soon after, I will coordinate with the exchanges, mining pools, game operators and sysadmins that are running the old version of the CasinoCoin wallet to let them know an update is available that requires a hard fork.

The hard fork is scheduled to kick in at block 230,000, which according to the block generation rate of the last 10 days, will kick in sometime in the middle of/late next week.

1) When installing the new client, it uses the old address at once? Not creating a new one first?

2) Is there anything to be done to minimize the risks of losing my coins?

3) As mentioned in the page before about the .conf-file:

Maybe there should be an instruction in the zip-file and a good working .conf-file delivered in the zip-file also, when dowloading the wallet.

A lot of newbies think that install of the wallet is the only thing to do. The .conf is important and forgotten most of the time or they use not the good nodes in the .conf.

1. Yes, if you keep the .casinocoin hidden folder the same
2. Just backup your wallet.dat file
3. ?

[veertje]

3. ?

As a good startingpoint for new casinocoinusers:

With the download of the new client, include instructions where to place a good casinocoin.conf file and deliver a good casinocoin.conf file  with all the nodes.

Instructions as:
1) install client.
2) startup client
3) close client
4) place the casinocoin.conf in C:/user/Appdata/Roaming/Casinocoin.
5) startup client and connect

Now when a newbie installs a client, some can't connect, because the casinocoin.conf is missing or casinocoin.conf has not enough working nodes. Some (most probably) don't know to place a .conf flie and where. It happens too often on this forum alone already.

[Zen00]

Ah yes, that would be good, I've downloaded some clients in the past that do do that and it's a nice addition.

[kutletta]

There is a bug with the withdrawals that will be fixed at some point today, and we still need to to add a password reset option. Mostly testing things at this point, trying to work out as many kinks before official launch announcement

Withdrawals now working!

I just created an account, deposited (went through quickly), made some bets and tried to withdraw but also experiencing issues. Also, I think I found a bug where if you select the 0.5 CSC bet and place it on the roulette table, it always appears as if you made a bet of 1 CSC.

Edit: Nevermind regarding the bug. It simply means # of coins placed to bet.

[frufru]

Dropping in for another update -- lots of progress since the last post!

The updated CasinoCoin client code has been written and has incorporated the latest Litecoin security features as well as QR code support. Most importantly, the issue with pool hopping that causes the CasinoCoin network to become stuck at high difficulty has been addressed in this upcoming update with the implementation of Kimoto's Gravity Well. Details about the Kimoto's Gravity Well algorithm in the post below.

wow, fantastic news! Just two posts above yours I mentioned gravity, maybe you should write it into the topic title too because it's an important feature nowadays

[Zen00]

I too second rewriting the OP once the update comes out, there are new pool, and old pools to remove, as well as new information and such.

[casinocoin]

I too second rewriting the OP once the update comes out, there are new pool, and old pools to remove, as well as new information and such.

Agreed there are lots of things to add and ways we can make the ogpost more appealing and easy to read. There is quite a few sites that have CSC integrated, or even just info on them that we could link to etc. Once the fork comes im sure @transcoder will update it and make all the changes we need!

[CartmanSPC]

Congrats on the launch of CasinCoinCity! Finally have a place to blow all my coin

[CartmanSPC]

Casinocoin P2Pool source being updated in the next 24 hours. Please update your nodes after the new release.

More info:
https://cryptocointalk.com/topic/4062-p2pool-source-code-support/?p=44448

[ajochems]

So as some of you are aware, all alt-coins have faced an issue with multipools and the effects of poolhopping. These multipools mine the current most profitable coin, and when the difficulty kicks in at a higher level, the multipools move onto the next profitable coin, leaving the one that they just mined stuck at a high difficulty. This affects miners dedicated to the coin because they now have to expend more time and resources to mine the same amount of coins. This issue has affected CasinoCoin since the start, and more recently, community members have pointed this out to me and requested an update to address this issue.

@kwest came to me with a suggestion regarding Kimoto's Gravity Well. After some research, I concluded that this will be the way forward for CasinoCoin to address the issue of poolhopping. This algorithm was first implemented by Dr Kimoto Chan with Megacoin, and since then, the success of this algorithm has attracted other alt-coins such as Franko, AnonCoin and others.

Essentially, this algorithm adjusts difficulty after each block. So when a multipool drops off, difficulty is automatically adjusted as soon as the next block is found. This smoothens out difficulty and doesn't leave it hanging for long. Franko's successful implementation of Kimoto's Gravity Well has attributed to the mining stability of the coin, as well as the recent spike in value.

Here is a great read on the topic:
The Newbie's Guide to Kimoto's Gravity Well

This update will be available in CasinoCoin 1.1.0.x. It is currently being tested at the moment and will be available to download shortly after.

That is some great news! Maybe an extra addition, ... not sure if its in the source code but updating the nodes so users get a connecting wallet without having to edit a conf file would be great! Oh and thx for adding the QR code support, really helpful for my mobile wallet app which i hope to release in beta soon after the fork!

[Quelvacho]

The casino looks great! Well done

At the roulette, when you place a bet on a row of 3 or 6 numbers, the number of coins is misplaced.
Also, for future expansion I recommend a bit of animation at the games, like a spinning roulette wheel and stuff.

Keep up the good work!

[veertje]

BitcoinTalk usernames that will auto get a bonus to their account and are not included in the above contest.
(please pm me with your CasinoCoinCity username.)


veertje
.......

You ''ve got a pm with the username on CSCCity.

[liifer]

CSC might have a slight chance making it if you add texas holdem poker, omaha. cash table, zoom table, tournaments, freerolls and so on. Pretty much like pokerstars. Lot of promotions. Low rake.

Pokerstars takes like 10% off each hand. My own experiance is that I play for hours, win some, lose some and eventually maintain same balance but when I look at stats, then I see that I payed PS 30% of what I had. It means if 10 people stat off with 10 dollars each (sum 100 dollars at the table), then in for example 1 hour the sum will decrease to 90 dollars. Next hour the sum will decrease another 10%. So in the end all money goes to pokerstars. So you gotta be very good to make profit.

If you start poker in cscity with like 1% rake, you get lot of players. It means, that average player can also make profit. Roulette, slots and stuff like that is for idiots and they wont bother buying CSC, because they are to dumb for that. They dont care, whether they blow USD, BTC or CSC. And I dont see any point minging and then blowing all the coins in some retarded slots. Poker on the other hand is a way of life and some people make living with it, so every saved percent matters. Those people are smart and willing to learn the way of cryptocurrency in order to save.

But anyway, whole casino thing is highly regulated and I doubt that you can run this business without license or paying taxes for to long. So eventually you will have to tax your players also 10%.

Last but not least, you developing way to slow. All I read here are promises. I dont really care, because I dont have CSC coins, but it got my attention somehow because of the name. It's a good idea, but you guys move to slow. I used to mine CSC, but after crazy diff changes there is no point. And transcoder said like a month ago that this diff issue will be fixed in a week.

http://digipay.io/

[SlickTheNick]

Coin Controller now officially accepting Casino Coins, with 6 areas of play!

Check us out here: https://coincontroller.com

[Quelvacho]

We are currently working on a simple roulette simulation where the ball spins around the numbers and shows the final outcome!
With the bets are you talking about the final payout or what numbers it picks exactly?
Will check now!

When you place a bet you see a coin appear on the roulette table and on top of the coin you see a number indicating the number of coins you've bet.
When you place that bet on a row of 3 or 6 numbers (at the top of the table), that number indicating the number of coins appears under the coin instead of on top of it.

[casinocoin]

We are currently working on a simple roulette simulation where the ball spins around the numbers and shows the final outcome!
With the bets are you talking about the final payout or what numbers it picks exactly?
Will check now!

When you place a bet you see a coin appear on the roulette table and on top of the coin you see a number indicating the number of coins you've bet.
When you place that bet on a row of 3 or 6 numbers (at the top of the table), that number indicating the number of coins appears under the coin instead of on top of it.

I see exactly what you mean will get things cleared up!

Guys you can now play https://coincontroller.com/ with CasinoCoin as well!!
Cheers

[CartmanSPC]

Casinocoin P2Pool source being updated in the next 24 hours. Please update your nodes after the new release.

More info:
https://cryptocointalk.com/topic/4062-p2pool-source-code-support/?p=44448

Casinocoin P2Pool source updated at: https://github.com/CartmanSPC/p2pool

Please update your nodes. I recommend you delete your data folder (p2pool/data/) before starting with the new code.