EtherSpin (OP)
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March 06, 2018, 04:37:11 AM |
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Is encrypted coins such as Monero capable to be bet in the casino?
Privacy-focused coins will be added in the future, as our project develops. How is this possible? How will smart contract detect the address? The user address would be collected similar to how Shapeshift does, and an unique address is generated for each user.
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maryannsoriano1145
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Activity: 126
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March 08, 2018, 04:17:43 AM |
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project is really innovative for accepting all cryptocurrency bets and hoping will be a lot of people who love this project, hope in the future it could be growing,we follow
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ninjaskip
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March 08, 2018, 11:54:44 PM |
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Does Etherspin run on top of Ethereum? How would it be possible to bet with coins that are not a standard ERC20 token?
Great question! For ERC-20 tokens, we will handle it directly on the Ethereum blockchain through smart contracts. The implementation of non ERC-20 coin bets will be handled by watching incoming bets, passing that data directly to our smart contract which then will involve requesting a random number as we did before, and logging the bet event (with proof and result) to the blockchain for records. Then, our server will distribute the winnings accordingly. As a result, the bet process will be partially off-chain. However, the random number generation and proof remains the same - retaining the advantage of provable fairness in EtherSpin's platform. Users can still verify the authenticity of the bet by viewing the bet event details through a block explorer. Thank you for that interesting answer, but there is another question I would like to ask in regards to your response. If the distribution for winnings from off-chain bets happens via your servers, does that also mean that part of the process is centralized?
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EtherSpin (OP)
Copper Member
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Activity: 42
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March 09, 2018, 08:40:31 PM |
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Does Etherspin run on top of Ethereum? How would it be possible to bet with coins that are not a standard ERC20 token?
Great question! For ERC-20 tokens, we will handle it directly on the Ethereum blockchain through smart contracts. The implementation of non ERC-20 coin bets will be handled by watching incoming bets, passing that data directly to our smart contract which then will involve requesting a random number as we did before, and logging the bet event (with proof and result) to the blockchain for records. Then, our server will distribute the winnings accordingly. As a result, the bet process will be partially off-chain. However, the random number generation and proof remains the same - retaining the advantage of provable fairness in EtherSpin's platform. Users can still verify the authenticity of the bet by viewing the bet event details through a block explorer. Thank you for that interesting answer, but there is another question I would like to ask in regards to your response. If the distribution for winnings from off-chain bets happens via your servers, does that also mean that part of the process is centralized? Great point! Many cryptocurrencies do not support smart contracts like Ethereum does. As a result, we are able to decentralize the important aspects of gambling. Without smart contracts however, many cryptocurrencies lack the same functionality smart contract-based cryptocurrencies allow.
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Coin_trader
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Legendary
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Activity: 2912
Merit: 1216
Leading Crypto Sports Betting & Casino Platform
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March 09, 2018, 08:44:18 PM |
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I never been into a gambling platform but this one seems to be a very good platform and i don't need to exchange my crypto into fiat or other prominent cryptocurrency to bet since it accepts more cryptos other than bitcoin and ethereum.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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EtherSpin (OP)
Copper Member
Newbie
Offline
Activity: 42
Merit: 0
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March 09, 2018, 11:35:14 PM |
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I never been into a gambling platform but this one seems to be a very good platform and i don't need to exchange my crypto into fiat or other prominent cryptocurrency to bet since it accepts more cryptos other than bitcoin and ethereum.
Thank you! We are excited to connect all cryptocurrency users on one platform!
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ninjaskip
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March 10, 2018, 01:07:05 PM |
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Does Etherspin run on top of Ethereum? How would it be possible to bet with coins that are not a standard ERC20 token?
Great question! For ERC-20 tokens, we will handle it directly on the Ethereum blockchain through smart contracts. The implementation of non ERC-20 coin bets will be handled by watching incoming bets, passing that data directly to our smart contract which then will involve requesting a random number as we did before, and logging the bet event (with proof and result) to the blockchain for records. Then, our server will distribute the winnings accordingly. As a result, the bet process will be partially off-chain. However, the random number generation and proof remains the same - retaining the advantage of provable fairness in EtherSpin's platform. Users can still verify the authenticity of the bet by viewing the bet event details through a block explorer. Thank you for that interesting answer, but there is another question I would like to ask in regards to your response. If the distribution for winnings from off-chain bets happens via your servers, does that also mean that part of the process is centralized? Great point! Many cryptocurrencies do not support smart contracts like Ethereum does. As a result, we are able to decentralize the important aspects of gambling. Without smart contracts however, many cryptocurrencies lack the same functionality smart contract-based cryptocurrencies allow. In other words: in it's final version it is mostly decentralized or completely decentralized? I hope I don't get on your nerves, I just want to understand your setup in full. I personally am a strong believer in decentralization in regards to almost any aspect of life.
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EtherSpin (OP)
Copper Member
Newbie
Offline
Activity: 42
Merit: 0
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March 11, 2018, 12:00:24 AM |
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Does Etherspin run on top of Ethereum? How would it be possible to bet with coins that are not a standard ERC20 token?
Great question! For ERC-20 tokens, we will handle it directly on the Ethereum blockchain through smart contracts. The implementation of non ERC-20 coin bets will be handled by watching incoming bets, passing that data directly to our smart contract which then will involve requesting a random number as we did before, and logging the bet event (with proof and result) to the blockchain for records. Then, our server will distribute the winnings accordingly. As a result, the bet process will be partially off-chain. However, the random number generation and proof remains the same - retaining the advantage of provable fairness in EtherSpin's platform. Users can still verify the authenticity of the bet by viewing the bet event details through a block explorer. Thank you for that interesting answer, but there is another question I would like to ask in regards to your response. If the distribution for winnings from off-chain bets happens via your servers, does that also mean that part of the process is centralized? Great point! Many cryptocurrencies do not support smart contracts like Ethereum does. As a result, we are able to decentralize the important aspects of gambling. Without smart contracts however, many cryptocurrencies lack the same functionality smart contract-based cryptocurrencies allow. In other words: in it's final version it is mostly decentralized or completely decentralized? I hope I don't get on your nerves, I just want to understand your setup in full. I personally am a strong believer in decentralization in regards to almost any aspect of life. No problem! The goal is full decentralization of the platform. There are upcoming advancements and improvements being made in coins that will allow cryptocurrencies like Bitcoin to be added with full decentralization. See here: https://altcointoday.com/lightning-network-developer-is-bringing-smart-contracts-to-bitcoin/
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thebestgamer
Newbie
Offline
Activity: 18
Merit: 0
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March 11, 2018, 12:39:36 AM |
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Does Etherspin run on top of Ethereum? How would it be possible to bet with coins that are not a standard ERC20 token?
Great question! For ERC-20 tokens, we will handle it directly on the Ethereum blockchain through smart contracts. The implementation of non ERC-20 coin bets will be handled by watching incoming bets, passing that data directly to our smart contract which then will involve requesting a random number as we did before, and logging the bet event (with proof and result) to the blockchain for records. Then, our server will distribute the winnings accordingly. As a result, the bet process will be partially off-chain. However, the random number generation and proof remains the same - retaining the advantage of provable fairness in EtherSpin's platform. Users can still verify the authenticity of the bet by viewing the bet event details through a block explorer. Thank you for that interesting answer, but there is another question I would like to ask in regards to your response. If the distribution for winnings from off-chain bets happens via your servers, does that also mean that part of the process is centralized? Great point! Many cryptocurrencies do not support smart contracts like Ethereum does. As a result, we are able to decentralize the important aspects of gambling. Without smart contracts however, many cryptocurrencies lack the same functionality smart contract-based cryptocurrencies allow. In other words: in it's final version it is mostly decentralized or completely decentralized? I hope I don't get on your nerves, I just want to understand your setup in full. I personally am a strong believer in decentralization in regards to almost any aspect of life. No problem! The goal is full decentralization of the platform. There are upcoming advancements and improvements being made in coins that will allow cryptocurrencies like Bitcoin to be added with full decentralization. See here: https://altcointoday.com/lightning-network-developer-is-bringing-smart-contracts-to-bitcoin/The technology advancement is moving towards decentralisation more and more. I think Etherspin will really be benefiting the community for having a Smart contracts and decentralised platform!
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EtherSpin (OP)
Copper Member
Newbie
Offline
Activity: 42
Merit: 0
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March 11, 2018, 09:55:56 AM |
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Does Etherspin run on top of Ethereum? How would it be possible to bet with coins that are not a standard ERC20 token?
Great question! For ERC-20 tokens, we will handle it directly on the Ethereum blockchain through smart contracts. The implementation of non ERC-20 coin bets will be handled by watching incoming bets, passing that data directly to our smart contract which then will involve requesting a random number as we did before, and logging the bet event (with proof and result) to the blockchain for records. Then, our server will distribute the winnings accordingly. As a result, the bet process will be partially off-chain. However, the random number generation and proof remains the same - retaining the advantage of provable fairness in EtherSpin's platform. Users can still verify the authenticity of the bet by viewing the bet event details through a block explorer. Thank you for that interesting answer, but there is another question I would like to ask in regards to your response. If the distribution for winnings from off-chain bets happens via your servers, does that also mean that part of the process is centralized? Great point! Many cryptocurrencies do not support smart contracts like Ethereum does. As a result, we are able to decentralize the important aspects of gambling. Without smart contracts however, many cryptocurrencies lack the same functionality smart contract-based cryptocurrencies allow. In other words: in it's final version it is mostly decentralized or completely decentralized? I hope I don't get on your nerves, I just want to understand your setup in full. I personally am a strong believer in decentralization in regards to almost any aspect of life. No problem! The goal is full decentralization of the platform. There are upcoming advancements and improvements being made in coins that will allow cryptocurrencies like Bitcoin to be added with full decentralization. See here: https://altcointoday.com/lightning-network-developer-is-bringing-smart-contracts-to-bitcoin/The technology advancement is moving towards decentralisation more and more. I think Etherspin will really be benefiting the community for having a Smart contracts and decentralised platform! Of course! EtherSpin has major advantages over traditional casinos in every possible comparison.
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bitcoinboi
Newbie
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Activity: 18
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March 13, 2018, 02:31:26 AM |
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Will we be ever having wallet for Etherspin in the future?
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jesuismarc
Newbie
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Activity: 23
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March 13, 2018, 03:54:30 AM |
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Will we be ever having wallet for Etherspin in the future?
I don't think they will ever make it, as its not useful because this is a decentralised gambling platform. You can just send currency to the contract and play with it.
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ninjaskip
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March 16, 2018, 08:32:46 PM |
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Does Etherspin run on top of Ethereum? How would it be possible to bet with coins that are not a standard ERC20 token?
Great question! For ERC-20 tokens, we will handle it directly on the Ethereum blockchain through smart contracts. The implementation of non ERC-20 coin bets will be handled by watching incoming bets, passing that data directly to our smart contract which then will involve requesting a random number as we did before, and logging the bet event (with proof and result) to the blockchain for records. Then, our server will distribute the winnings accordingly. As a result, the bet process will be partially off-chain. However, the random number generation and proof remains the same - retaining the advantage of provable fairness in EtherSpin's platform. Users can still verify the authenticity of the bet by viewing the bet event details through a block explorer. Thank you for that interesting answer, but there is another question I would like to ask in regards to your response. If the distribution for winnings from off-chain bets happens via your servers, does that also mean that part of the process is centralized? Great point! Many cryptocurrencies do not support smart contracts like Ethereum does. As a result, we are able to decentralize the important aspects of gambling. Without smart contracts however, many cryptocurrencies lack the same functionality smart contract-based cryptocurrencies allow. In other words: in it's final version it is mostly decentralized or completely decentralized? I hope I don't get on your nerves, I just want to understand your setup in full. I personally am a strong believer in decentralization in regards to almost any aspect of life. No problem! The goal is full decentralization of the platform. There are upcoming advancements and improvements being made in coins that will allow cryptocurrencies like Bitcoin to be added with full decentralization. See here: https://altcointoday.com/lightning-network-developer-is-bringing-smart-contracts-to-bitcoin/Thanks for the link of the article. Well, that would mean that you could then integrate with all cryptos that have the right tech in place.
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1C6fV5DtakfKANLJ8GUV7hCaA
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Activity: 462
Merit: 104
Crypto Marketer For Whales
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March 17, 2018, 05:49:31 PM |
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Brandon Wallace is the FOUNDER & CEO? Checking on his Linkedin, it looks like he's working for Uber. No sign of anything blockchain related stuff?
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Buy Reddit Accounts & Upvotes Discord: Playerup#6929 Skype: AWH2010 Telegram: @redditfactory
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EtherSpin (OP)
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March 20, 2018, 04:05:23 AM |
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We added EtherSpin to the Cheddur app ( https://www.cheddur.com) to help everyone learn about the ICO in a quick and easy way and to decide whether or not to invest. Cheddur also allows you to link wallets, exchanges, and other services that support SPIN so that you can easily get started. You can also post your SPIN addresses to start receiving tips/payments/donations in SPIN tokens. What do you think about EtherSpin? Leave a review on the Cheddur app to let others know! If consensus is that it's legit, it'll appear higher in search results and more new users are likely to discover the ICO and invest. If you are a member of the EtherSpin core team, you can manage the EtherSpin profile to respond to reviews, add/show off your entire team, update your profile information in real-time, and more! To manage the EtherSpin profile, follow the prompts within the app or contact us at support@cheddur.com for manual verification. Google Play Store: https://play.google.com/store/apps/details?id=com.chedduriTunes: https://itunes.apple.com/us/app/cheddur/id1269377156?mt=8 Thank you for the addition! Our ICO is beginning in 3 days.
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EtherSpin (OP)
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March 23, 2018, 09:10:39 AM |
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Hello EtherSpin Casino team, I’ll be happy to see you on Skatt listing platform! You will be able to register for free and show your project to the world. Information about our platform on BitcoinTalk. Also you can follow us in Twitter and Telegram. Good luck with your ICO guys! Thank you! We are less than 24 hours away from the ICO!
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jingsu1
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March 23, 2018, 09:23:25 PM |
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This seems to be the beginning of digital currency being utilised for a purpose. It is very exciting that the ICO is coming very soon!
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kalzonesaredelicious
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March 23, 2018, 10:39:24 PM |
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I really love the project, I have been playing on it for a couple of times now. But what is the reason why I would want to invest in EtherSpin Casino's token? We know Gambling Casino makes money for sure. It seems like i can just bet with Ethereum in the casino. And other coins in the future.
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EtherSpin (OP)
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March 23, 2018, 11:24:19 PM |
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Our EtherSpin ICO starts in 30 minutes! Get ready.
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coinlawyer
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March 28, 2018, 08:29:03 AM |
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Indeed the idea of betting and playing with all tokens is really great. How is Tokensale going? How much raised by now?
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