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Author Topic: [ANN][CHA] Chancecoin, SuperNET core coin for betting in a decentralized casino  (Read 146078 times)
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May 02, 2014, 09:55:44 AM
 #381

Timings can be tweaked, yes (but the downside is that customers might be turned off by long result times). What exactly do you mean by "winners are declared slower"? Currently the technical section of the website says "A bet seen in the blockchain will be resolved with the next available set of Quick Draw numbers"; should that be amended to "A bet seen in the blockchain will be resolved with the next available set of Quick Draw numbers that occurs a minimum of X seconds after the announced block time"?
// snipped for brevity
I also think the technical section of the website should address (describe) the event where a user's bet is in a block which is later orphaned. Might he win in the orphaned block and lose in the actually-accepted block?
// snipped for brevity
How would you spot any cheating (as opposed to, say, someone happening to win a bet with a time very close to the NY lottery announcement every four minutes; an event which should occur fairly often)?
// snipped for brevity
I also don't think the problem is catastrophic. I'd just prefer the problem was fixed sooner rather than later. Don't wait for your house to be burgled before installing locks!

1. How to intro a delay: correct, I was thinking along those lines.
2. Orphaned winner:  Shocked I guess that's why it's called Chancecoin. If you get unlucky...  But that's a good point.
3. Spot cheating: I was thinking about that a bit (but perhaps not all the way through) when I wrote it. Since addresses would be random, it would be impossible to spot cheaters by looking at who's winning. But by (simply?) looking at correct guesses (which shouldn't be higher than before or compared to the real world) we could know whether there is cheating going on. That's why I thought it's not necessary to find who's cheating, we just need to see whether someone's cheating in order to look into patterns of those winners (e.g. perhaps they place bets at the very end of each cycle).
4. Preventive security: I agree with you, it's a matter of public goods. We have 2 (I guess) developers and everyone wants this or that. Once they have more time we ("shareholders") could vote a % (e.g. 0.1% of house earnings within the next 60 days) to be spent on a thorough security review.

Timsteve
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May 02, 2014, 09:59:48 AM
 #382

I have 3000 CHA and waiting for price up.
mightname
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May 02, 2014, 01:31:17 PM
Last edit: May 02, 2014, 01:41:25 PM by mightname
 #383

I think the first trade on the decentralised exchange was just done!

Someone posted a 0.3 CHA order for 0.007/CHA.

I sold the 0.3 CHA and after 3 confirmations, I got the BTC on my BTC address and he got his CHA!

Order:
https://blockchain.info/de/tx/f36840bbf8fc36f0bb6b5fa740df3bf8d54083b210f5daa839d540ee609966af

Settlement:
https://blockchain.info/de/tx/435d557f39032e713c3565066cb02e9bcd11de919ff747cf1579ae42f78e9ddc

Exciting stuff!

It's me.  Cheesy  I have successfully bought 0.3 CHA on the decentralised exchange for 0.007B/CHA.
But one problem, the buy and sell orders still list on the order book after we have finished the trade.
I have to cancel the finished buy order manually to let it disappear on the order book.It will cost me another 0.0001086BTC fee.
mightname
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May 02, 2014, 02:19:37 PM
Last edit: May 02, 2014, 03:27:49 PM by mightname
 #384

I have tested all functions in Chancecoin wallet client. All worked very well and all are convenient. Great work!
mightname
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May 02, 2014, 03:11:13 PM
Last edit: May 02, 2014, 03:24:39 PM by mightname
 #385

I think chancecoin should add more kinds of bet  besides the dice rolls.
Such as football result bet, gold price bet,stock price raise or fall bet etc.

It should be easy to realize. Directly read in the result from outside website's API.
James Bond 007
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May 02, 2014, 03:14:58 PM
 #386

I think chancecoin should add more kinds of bet  besides the dice rolls.
Such as football result bet, gold price bet,stock price raise or fall bet etc.
How about NBA playoff result bet? Grin Grin Grin
overthetop2011
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May 02, 2014, 06:03:43 PM
 #387

I think chancecoin should add more kinds of bet  besides the dice rolls.
Such as football result bet, gold price bet,stock price raise or fall bet etc.

It should be easy to realize. Directly read in the result from outside website's API.

That is a great idea.

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May 02, 2014, 07:55:33 PM
 #388

I think chancecoin should add more kinds of bet  besides the dice rolls.
Such as football result bet, gold price bet,stock price raise or fall bet etc.

It should be easy to realize. Directly read in the result from outside website's API.

That is a great idea.

Lack of ideas has never been a problem.
The real problem is limited resources.
Hulailuan
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May 02, 2014, 11:07:49 PM
 #389

We need more support for adding Chancecoin to Poloniex.

 
Please blow up busoni's thread and inbox with messages about Chancecoin!

https://bitcointalk.org/index.php?topic=420836.720;topicseen
Poloniex is not a good exchange, we don't necessary to be added into poloniex.
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May 03, 2014, 12:50:00 AM
 #390

What if the original devs are too slow to bring the new client before any other "P2P dice coin" launched?

How about let's setup a donation of 10% Chancecoins to the new developer(s) who can bring us the new "nice and easy to use client" first?

The donation could be setup in the protocol code, it will deduct 10% from every Chancecoin account.  The total donation Chancecoin should be 51482.881397431 CHA ( almost equal to 48 BTC burned ).
Because there will be some people would like to stick with the original devs, and don't like donate for the new developer(s).  So we will fork the Chancecoin and all donators will get 90% of their original CHA and developers get 10% of all donator's CHA.  Those stick with original devs (who didn't donate 10%) will get nothing in the new forked Chancecoin.


If the original devs release the new client before any other devs, then the donation will goto the original devs.
mightname
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May 03, 2014, 01:09:20 AM
Last edit: May 03, 2014, 01:20:42 AM by mightname
 #391

What if the original devs are too slow to bring the new client before any other "P2P dice coin" launched?

How about let's setup a donation of 10% Chancecoins to the new developer(s) who can bring us the new "nice and easy to use client" first?

The donation could be setup in the protocol code, it will deduct 10% from every Chancecoin account.  The total donation Chancecoin should be 51482.881397431 CHA ( almost equal to 48 BTC burned ).
Because there will be some people would like to stick with the original devs, and don't like donate for the new developer(s).  So we will fork the Chancecoin and all donators will get 90% of their original CHA and developers get 10% of all donator's CHA.  Those stick with original devs (who didn't donate 10%) will get nothing in the new forked Chancecoin.


If the original devs release the new client before any other devs, then the donation will goto the original devs.


Shit suggestion!  Troublemaker!
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May 03, 2014, 01:16:04 AM
 #392

Update from the dev team:

We are very excited by the success of the burn period. The fact that 480 BTC were burned into over 500,000 CHA proves to us that people believe in Chancecoin.

We have been working diligently on the new bitcoinj version of the wallet software, and we're excited to announce that we will be releasing it on Sunday, May 4. Stay tuned for that and more exciting updates to follow.

Magician

Good news. This Sunday, May 4.
o3u
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May 03, 2014, 02:34:30 AM
 #393

I think the first trade on the decentralised exchange was just done!

Someone posted a 0.3 CHA order for 0.007/CHA.

I sold the 0.3 CHA and after 3 confirmations, I got the BTC on my BTC address and he got his CHA!

Order:
https://blockchain.info/de/tx/f36840bbf8fc36f0bb6b5fa740df3bf8d54083b210f5daa839d540ee609966af

Settlement:
https://blockchain.info/de/tx/435d557f39032e713c3565066cb02e9bcd11de919ff747cf1579ae42f78e9ddc

Exciting stuff!

It's me.  Cheesy  I have successfully bought 0.3 CHA on the decentralised exchange for 0.007B/CHA.
But one problem, the buy and sell orders still list on the order book after we have finished the trade.
I have to cancel the finished buy order manually to let it disappear on the order book.It will cost me another 0.0001086BTC fee.

It's possible to trade on the wallet already if i have chancecoin burnt in the IPO?

Will i see them?
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May 03, 2014, 02:45:50 AM
 #394

I think the first trade on the decentralised exchange was just done!

Someone posted a 0.3 CHA order for 0.007/CHA.

I sold the 0.3 CHA and after 3 confirmations, I got the BTC on my BTC address and he got his CHA!

Order:
https://blockchain.info/de/tx/f36840bbf8fc36f0bb6b5fa740df3bf8d54083b210f5daa839d540ee609966af

Settlement:
https://blockchain.info/de/tx/435d557f39032e713c3565066cb02e9bcd11de919ff747cf1579ae42f78e9ddc

Exciting stuff!

It's me.  Cheesy  I have successfully bought 0.3 CHA on the decentralised exchange for 0.007B/CHA.
But one problem, the buy and sell orders still list on the order book after we have finished the trade.
I have to cancel the finished buy order manually to let it disappear on the order book.It will cost me another 0.0001086BTC fee.

It's possible to trade on the wallet already if i have chancecoin burnt in the IPO?

Will i see them?

yes, wallet and exchange is fully available!

o3u
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May 03, 2014, 02:54:23 AM
 #395

i open the gui.exe, but can't access my wallet tab.


i'm on windows 8

have bitcoin core 64 bit 0.9.1 running
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May 03, 2014, 03:02:08 AM
 #396

i open the gui.exe, but can't access my wallet tab.


i'm on windows 8

have bitcoin core 64 bit 0.9.1 running

have you put

txindex=1
into the bitcoin.conf?

Try using the bitcoindeamon instead of QT

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May 03, 2014, 03:20:41 AM
 #397

i open the gui.exe, but can't access my wallet tab.


i'm on windows 8

have bitcoin core 64 bit 0.9.1 running

have you put

txindex=1
into the bitcoin.conf?

Try using the bitcoindeamon instead of QT

nah i took that out cause it asked to reindex blocks... which will take an eternity.

so txindex=1 is necessary?
Any other way?
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May 03, 2014, 03:27:41 AM
 #398

i open the gui.exe, but can't access my wallet tab.


i'm on windows 8

have bitcoin core 64 bit 0.9.1 running

have you put

txindex=1
into the bitcoin.conf?

Try using the bitcoindeamon instead of QT

nah i took that out cause it asked to reindex blocks... which will take an eternity.

so txindex=1 is necessary?
Any other way?
reindex is necessary.

Once the new client is out, it will not be necessary any more! (sunday hopefully)

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May 03, 2014, 03:34:28 AM
 #399

whats the rate right now on the decentralized exchange for CHA/BTC ?

Where can i find out while my btc wallet reindexes...
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May 03, 2014, 03:36:13 AM
 #400

whats the rate right now on the decentralized exchange for CHA/BTC ?

Where can i find out while my btc wallet reindexes...

The decentralised exchange is pretty useless right now. The orders have a deadline of 24hours. This can only be changed in the python wallet, and I have no clue how to do this Wink

There was only a 0.3 CHA trade there Cheesy


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