Bitcoinduit Source Available - See First Post For More Information..

[Jonathan Ryan Owens]

v0.2 source: http://bitcoinduit.com/Bitcoinduit-source-0.2.zip - Now with API to create new rounds, and to make deposits in existing rounds.

v0.2 bet bot: http://bitcoinduit.com/betBot.zip - works with bitPonzi & Bitcoinduit API. Bounty: 4 Bitcoins -- Claimed by mb300sd!

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[joeyjoe]

Whats the aim for this? what do you gain from it?

[Raoul Duke]

12:01 where? UTC? lol

[ElectricMucus]

What was it written in anyway? I had an idea recently which would require some modifications..

[Jonathan Ryan Owens]

What was it written in anyway? I had an idea recently which would require some modifications..

It's written in PHP. It takes 5-10 minutes to unzip, upload and configure.. then.. viola! ponzi!

There are 2 files that need changing only. The DB credentials/info and the RPC server. That's it. Other than that, you need to call a script (i'll document that in the zip file) from a daemon at some interval that scans for new deposits, enters them into the handshake table and makes a payout if the pot is big enough to pay out the next person in line. I've chosen once a minute for bitcoinduit, but you're free to do whatever you want.

Also, you can require 1 - X confirmations for deposits / payouts. We never went above 0 confirmations, but again, your choice.

What ideas do you have? I'm hoping that there's others who will extend on the code and give it new life.

Regards,
Jonathan

[Jonathan Ryan Owens]

Whats the aim for this? what do you gain from it?

The aim is to provide the community with the Bitcoinduit source, in the hopes that they can extend on it and that there will be competing sites, innovating on the ponzi game. We spent a good amount of time developing the logic for the game, and it would be a shame to see it die just because we've moved on to other projects.

Regards,
Jonathan

[ElectricMucus]

I'd like to add an option to incorporate Fibonacci sequences into the ponzi. What I have to figure out is how round time should relate to it, once I see the code I possibly can tell you more

[Jonathan Ryan Owens]

I'd like to add an option to incorporate Fibonacci sequences into the ponzi. What I have to figure out is how round time should relate to it, once I see the code I possibly can tell you more

0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144..

So what do the numbers in the Fibonacci sequence relate to? Payout? Not sure what you're getting at.

I'm sure it's really cool though!

-Jonathan

[joeyjoe]

Give it to me, i will create a neat site design for it

[ElectricMucus]

I"m not exactly sure yet, the first thought was to multiply the initial ticket cost by the numbers of the sequence and distribute it evenly every time, or give a random payout everytime a new ticket is bought, or, or, or...
Would be highly experimental at first the goal is to manage popularity better.

[Jonathan Ryan Owens]

Give it to me, i will create a neat site design for it

I'm giving it to everyone. It'll be posted in this thread in exactly an hour.

-Jonathan

[geek-trader]

Why is the game still accepting bets?  it's past noon.

[mb300sd]

I don't think its accepting them anymore, 2/3 of mine that I placed 45 seconds before it ended didn't go in...

[Cory]

Because of network latency, the only fair way to do this is using server time. That way it's concrete and there can be no secrets.

[mb300sd]

Not going to complain because I was late, but please do sync the clock on your server. I based my deposits off the time from time.nist.gov

[Jonathan Ryan Owens]

Not going to complain because I was late, but please do sync the clock on your server. I based my deposits off the time from time.nist.gov

Yeah it was based off server time. Pretty logical in that those of you with auto betting scripts had an unfair advantage, where people following the game time were able to time their deposits and win.

So who's going to start the first game from the source I provided? It's in the 1st post.

-Jonathan

[geek-trader]

I won both Bernie Madoff and the forever game 

I was betting manually, off the time displayed on bitcoinduit.com.

I put in 4 or 5 BTC to make sure I won, including 1 or 2 BTC that was too late.  But I'm happy to have won.

Jonathan, thanks for all the fun games this past month.

[joeyjoe]

Why did you give it away in the first place? wernt you making some good money from this already?

[mb300sd]

I did manually too, but I did have a little assistance from my mtgox command line trading program, just pasted in 3 withdraw commands... I was staring at the clock on my laptop rather than the one on the website Oh well, it was fun while it lasted and I won a good bit more than I lost. Hopefully whoever sets up the next site will be successful. If I don't see a new ponzi site up in a day or 2, I'll try to get it running on my server.

[ineededausername]

looking through the source...
if (!isset($_GET['jiggybaby'])) return;