[ANN][CHA] Chancecoin, SuperNET core coin for betting in a decentralized casino

[peled1986]

@devs chancecoin website and client are not working "500 Internal Error" bug.
hope it will be fixed soon - I want to gamble! 

[magician]

@devs chancecoin website and client are not working "500 Internal Error" bug.
hope it will be fixed soon - I want to gamble! 

Chancecoin.com is back up and running! I apologize for the downtime. If your client wasn't working, you can restart that now as well (if the client gets out of date, it grabs a new copy of the database from chancecoin.com, and since that was down, your client may have also stopped working).

Magician

[peled1986]

@devs chancecoin website and client are not working "500 Internal Error" bug.
hope it will be fixed soon - I want to gamble!  

Chancecoin.com is back up and running! I apologize for the downtime. If your client wasn't working, you can restart that now as well (if the client gets out of date, it grabs a new copy of the database from chancecoin.com, and since that was down, your client may have also stopped working).

Magician

great work!

@devs, a lot of the times lately it takes a very long time for my bet to get resolved. (the database is up to date)
what can be the problem?

[magician]

@devs chancecoin website and client are not working "500 Internal Error" bug.
hope it will be fixed soon - I want to gamble!  

Chancecoin.com is back up and running! I apologize for the downtime. If your client wasn't working, you can restart that now as well (if the client gets out of date, it grabs a new copy of the database from chancecoin.com, and since that was down, your client may have also stopped working).

Magician

great work!

@devs, a lot of the times lately it takes a very long time for my bet to get resolved. (the database is up to date)
what can be the problem?

How often does this happen? When was the last time it happened? How long did it take to resolve the bet? Did it eventually resolve while the transaction was still pending, or did it not resolve until the transaction was actually confirmed? Can you point me to a bet/transaction that took longer than usual?

Thanks for pointing this out!

[magician]

Chancecoiners!

Our main development work is going to be on the super-light HTML/JS version of the wallet. We expect this one to take some significant development time.

In the mean time, it's time to do more marketing. Peled has been doing an excellent job managing the Twitter account (http://twitter.com/chancecoin). If you aren't running the Chancecoin signature, shame on you! See the signature campaign here: https://bitcointalk.org/index.php?topic=528023.msg8326032#msg8326032.

Venetian and I have composed a press release and we used a Fiverr job to have it sent out to various media contacts. Hopefully that has some success, but we probably need to work harder to get some real coverage. Feel free to take the press release, modify it at will, and send it to tech blogs, newspapers, etc. Let's get some press coverage! The first person to get us in a legitimate online or offline publication will win the bounty. (Press release copied below.)

In the meantime, we are raising BTC to advertise on bitcointalk.org via the weekly ad auctions. Having evaluated various advertising options, this seems like a pretty good deal. We expect to pay about 3BTC for about 1.7M highly targeted impressions over the course of about 7 days. Please send contributions to 1BckY64TE6VrjVcGMizYBE7gt22axnq6CM. Venetian and I will contribute as well, but, having brazenly put most of our savings into the Chancecoin burn, we need your help.

Cheers,
Magician



FOR IMMEDIATE RELEASE:

Like BitTorrent for Gambling, Chancecoin is the First Decentralized Casino

New York, NY - August 17, 2014 - Armed with nearly 500 BTC ($250,000) in funding, Chancecoin (www.chancecoin.com) is the first cryptocurrency built on top of the Bitcoin blockchain that functions as a decentralized casino. As a casino, it joins names such as Primedice and SatoshiDice while the former Goliath casino Just-Dice has stopped accepting bets in response to increased online currency regulation by the Canadian government.

Just-Dice, which in less than a year took over 5,000,000 BTC in wagers, is now only taking on play-money bets. By harnessing the same blockchain that makes Bitcoin decentralized and secure, Chancecoin has developed a decentralized casino that will avoid the typical failure points of online casinos -- government intervention and fraud. As its primary source of randomness, the casino uses New York Lottery Quick Draw numbers, which are published online every four minutes by the New York State Gaming Commission.

The casino has already seen volume start to flow in, with over 50,000 Chancecoins (worth approximately $12,000) wagered in the past month. The casino features instant betting, low fees, dice betting, video poker, and 1% house edge. While it does take bets in BTC, the underlying currency is the Chancecoin (CHA), which trades on the cryptocurrency exchange called Poloniex (www.poloniex.com). The currency is designed to appreciate in value over time as people lose money to the house. Anyone who invests in the currency is also investing in the house bankroll.

Chancecoin as a currency was created during a period of time earlier this summer when anyone could create Chancecoins by destroying Bitcoins. Nearly 500 BTC were destroyed when they were sent to a Bitcoin address with no owner, creating about 500,000 Chancecoins in the process. The coin's developers communicate to a growing community of Chancecoin users through the Bitcointalk forums (www.bitcointalk.org).

Contact:
chancecoincom@gmail.com

###

[peled1986]

@devs chancecoin website and client are not working "500 Internal Error" bug.
hope it will be fixed soon - I want to gamble!  

Chancecoin.com is back up and running! I apologize for the downtime. If your client wasn't working, you can restart that now as well (if the client gets out of date, it grabs a new copy of the database from chancecoin.com, and since that was down, your client may have also stopped working).

Magician

great work!

@devs, a lot of the times lately it takes a very long time for my bet to get resolved. (the database is up to date)
what can be the problem?

How often does this happen? When was the last time it happened? How long did it take to resolve the bet? Did it eventually resolve while the transaction was still pending, or did it not resolve until the transaction was actually confirmed? Can you point me to a bet/transaction that took longer than usual?

Thanks for pointing this out!

it happens a lot during the last week.
it happened in all of my last bets.
the bet resolves when the transaction gets actually confirmed.
look at the bet I just made please (its the last one in the recent bets) -  Bet size: 123 CHA , Chance to win: 88%
It took 13:35 minutes for the bet to get resolved
(while the bet was pending, the ring under "profit" was moving in a circle and the client "flashed" every few seconds but the bet didn't get resolved)

[magician]

@devs chancecoin website and client are not working "500 Internal Error" bug.
hope it will be fixed soon - I want to gamble!  

Chancecoin.com is back up and running! I apologize for the downtime. If your client wasn't working, you can restart that now as well (if the client gets out of date, it grabs a new copy of the database from chancecoin.com, and since that was down, your client may have also stopped working).

Magician

great work!

@devs, a lot of the times lately it takes a very long time for my bet to get resolved. (the database is up to date)
what can be the problem?

How often does this happen? When was the last time it happened? How long did it take to resolve the bet? Did it eventually resolve while the transaction was still pending, or did it not resolve until the transaction was actually confirmed? Can you point me to a bet/transaction that took longer than usual?

Thanks for pointing this out!

it happens a lot during the last week.
it happened in all of my last bets.
the bet resolves when the transaction gets actually confirmed.
look at the bet I just made please (its the last one in the recent bets) -  Bet size: 123 CHA , Chance to win: 88%
It took 13:35 minutes for the bet to get resolved
(while the bet was pending, the ring under "profit" was moving in a circle and the client "flashed" every few seconds but the bet didn't get resolved)

There was a bug caused by a change in one of the bitcoin APIs we use. I found it, squished it, and just released a new version. Instant betting works again. Good catch! Resume betting!

Magician

[peled1986]

@devs chancecoin website and client are not working "500 Internal Error" bug.
hope it will be fixed soon - I want to gamble!  

Chancecoin.com is back up and running! I apologize for the downtime. If your client wasn't working, you can restart that now as well (if the client gets out of date, it grabs a new copy of the database from chancecoin.com, and since that was down, your client may have also stopped working).

Magician

great work!

@devs, a lot of the times lately it takes a very long time for my bet to get resolved. (the database is up to date)
what can be the problem?

How often does this happen? When was the last time it happened? How long did it take to resolve the bet? Did it eventually resolve while the transaction was still pending, or did it not resolve until the transaction was actually confirmed? Can you point me to a bet/transaction that took longer than usual?

Thanks for pointing this out!

it happens a lot during the last week.
it happened in all of my last bets.
the bet resolves when the transaction gets actually confirmed.
look at the bet I just made please (its the last one in the recent bets) -  Bet size: 123 CHA , Chance to win: 88%
It took 13:35 minutes for the bet to get resolved
(while the bet was pending, the ring under "profit" was moving in a circle and the client "flashed" every few seconds but the bet didn't get resolved)

There was a bug caused by a change in one of the bitcoin APIs we use. I found it, squished it, and just released a new version. Instant betting works again. Good catch! Resume betting!

Magician

Great super fast bug squishing as always!
Using Chancecoin-2.8, bets are getting confirmed and resolved in just a few seconds!

Maybe it worth to tell Chancecoiners to Download Chancecoin-2.8.zip?
(Chancecoin-2.7 client closes/shuts down immediately after i tried to open it)

edit: I have a problem, I made a bet (the client wrote: "thanks for betting") but the bet is not showing in the Recent bets (even after a few minutes). When I try to make a new bet I get this message: "The transaction did not go through successfully. Please try again."

[magician]

@devs chancecoin website and client are not working "500 Internal Error" bug.
hope it will be fixed soon - I want to gamble!  

Chancecoin.com is back up and running! I apologize for the downtime. If your client wasn't working, you can restart that now as well (if the client gets out of date, it grabs a new copy of the database from chancecoin.com, and since that was down, your client may have also stopped working).

Magician

great work!

@devs, a lot of the times lately it takes a very long time for my bet to get resolved. (the database is up to date)
what can be the problem?

How often does this happen? When was the last time it happened? How long did it take to resolve the bet? Did it eventually resolve while the transaction was still pending, or did it not resolve until the transaction was actually confirmed? Can you point me to a bet/transaction that took longer than usual?

Thanks for pointing this out!

it happens a lot during the last week.
it happened in all of my last bets.
the bet resolves when the transaction gets actually confirmed.
look at the bet I just made please (its the last one in the recent bets) -  Bet size: 123 CHA , Chance to win: 88%
It took 13:35 minutes for the bet to get resolved
(while the bet was pending, the ring under "profit" was moving in a circle and the client "flashed" every few seconds but the bet didn't get resolved)

There was a bug caused by a change in one of the bitcoin APIs we use. I found it, squished it, and just released a new version. Instant betting works again. Good catch! Resume betting!

Magician

Great super fast bug squishing as always!
Using Chancecoin-2.8, bets are getting confirmed and resolved in just a few seconds!

Maybe it worth to tell Chancecoiners to Download Chancecoin-2.8.zip?
(Chancecoin-2.7 client closes/shuts down immediately after i tried to open it)

edit: I have a problem, I made a bet (the client wrote: "thanks for betting") but the bet is not showing in the Recent bets (even after a few minutes). When I try to make a new bet I get this message: "The transaction did not go through successfully. Please try again."

The upgrade feature should still work, but yeah, if your client doesn't upgrade properly for any reason, do download the latest version from the Web site.

I think the bitpay API just went down, so the bet might not appear until the next block is confirmed or the bitpay API comes back online.

Magician

[peled1986]

The upgrade feature should still work, but yeah, if your client doesn't upgrade properly for any reason, do download the latest version from the Web site.
I think the bitpay API just went down, so the bet might not appear until the next block is confirmed or the bitpay API comes back online.
Magician

My bet is again taking a very long time to get resolved.
I hope it's because bitpay API is down and not a different reason.

edit: it was finally resolved when next block was confirmed.

[peled1986]

Chancecoiners!

Our main development work is going to be on the super-light HTML/JS version of the wallet. We expect this one to take some significant development time.

In the mean time, it's time to do more marketing. Peled has been doing an excellent job managing the Twitter account (http://twitter.com/chancecoin). If you aren't running the Chancecoin signature, shame on you! See the signature campaign here: https://bitcointalk.org/index.php?topic=528023.msg8326032#msg8326032.

Venetian and I have composed a press release and we used a Fiverr job to have it sent out to various media contacts. Hopefully that has some success, but we probably need to work harder to get some real coverage. Feel free to take the press release, modify it at will, and send it to tech blogs, newspapers, etc. Let's get some press coverage! The first person to get us in a legitimate online or offline publication will win the bounty. (Press release copied below.)

In the meantime, we are raising BTC to advertise on bitcointalk.org via the weekly ad auctions. Having evaluated various advertising options, this seems like a pretty good deal. We expect to pay about 3BTC for about 1.7M highly targeted impressions over the course of about 7 days. Please send contributions to 1BckY64TE6VrjVcGMizYBE7gt22axnq6CM. Venetian and I will contribute as well, but, having brazenly put most of our savings into the Chancecoin burn, we need your help.

Cheers,
Magician



FOR IMMEDIATE RELEASE:

Like BitTorrent for Gambling, Chancecoin is the First Decentralized Casino

New York, NY - August 17, 2014 - Armed with nearly 500 BTC ($250,000) in funding, Chancecoin (www.chancecoin.com) is the first cryptocurrency built on top of the Bitcoin blockchain that functions as a decentralized casino. As a casino, it joins names such as Primedice and SatoshiDice while the former Goliath casino Just-Dice has stopped accepting bets in response to increased online currency regulation by the Canadian government.

Just-Dice, which in less than a year took over 5,000,000 BTC in wagers, is now only taking on play-money bets. By harnessing the same blockchain that makes Bitcoin decentralized and secure, Chancecoin has developed a decentralized casino that will avoid the typical failure points of online casinos -- government intervention and fraud. As its primary source of randomness, the casino uses New York Lottery Quick Draw numbers, which are published online every four minutes by the New York State Gaming Commission.

The casino has already seen volume start to flow in, with over 50,000 Chancecoins (worth approximately $12,000) wagered in the past month. The casino features instant betting, low fees, dice betting, video poker, and 1% house edge. While it does take bets in BTC, the underlying currency is the Chancecoin (CHA), which trades on the cryptocurrency exchange called Poloniex (www.poloniex.com). The currency is designed to appreciate in value over time as people lose money to the house. Anyone who invests in the currency is also investing in the house bankroll.

Chancecoin as a currency was created during a period of time earlier this summer when anyone could create Chancecoins by destroying Bitcoins. Nearly 500 BTC were destroyed when they were sent to a Bitcoin address with no owner, creating about 500,000 Chancecoins in the process. The coin's developers communicate to a growing community of Chancecoin users through the Bitcointalk forums (www.bitcointalk.org).

Contact:
chancecoincom@gmail.com

###

super-light HTML/JS version of the wallet will be a great achievement!

Nice to see the marketing effort taking off - getting people to know/hear about you is that hardest part for every new project.
I just sent the press media contacts. We really need everyone Chancecoiner on board for marketing to be effective.

advertising on bitcointalk.org can have a big impact. Going to send some btc to 1BckY64TE6VrjVcGMizYBE7gt22axnq6CM asap.

devs keep up the great work, It is much appreciated and we don't take your hard work for granted!

[peled1986]

There was a bug caused by a change in one of the bitcoin APIs we use. I found it, squished it, and just released a new version. Instant betting works again. Good catch! Resume betting!

Magician

@devs, please check what is causing bets to get resolved only when new block is confirmed.
its hard to go back from Instant betting to 10 min betting 

[Spratan]

Being such a good coin, Is CHA coming to bittrex ?
The pump would be enormous.

I read XCP is planning to do so.

[magician]

Being such a good coin, Is CHA coming to bittrex ?
The pump would be enormous.

I read XCP is planning to do so.

How do we get on bittrex? Do you have a connection you can use to get us there?

[magician]

There was a bug caused by a change in one of the bitcoin APIs we use. I found it, squished it, and just released a new version. Instant betting works again. Good catch! Resume betting!

Magician

@devs, please check what is causing bets to get resolved only when new block is confirmed.
its hard to go back from Instant betting to 10 min betting 

This is still being caused by temporary downtimes in the APIs we use. We're going to add an indicator of whether these APIs are fully functioning to the next version. 

Magician

[a7594li]

Hi,I am 1LoveUQ83vdmcPu1Ps4BFmCSzwbNRoGPFm,I just win back my lost,Someone willing to teach me how to bet?

[dexX7]

This is still being caused by temporary downtimes in the APIs we use. We're going to add an indicator of whether these APIs are fully functioning to the next version. 
Magician

Is this related to bitwatch? Wey, please tell me, if something like this happens. I'm passive reader here, but still..

FWIW I have another server already available, but didn't had the time to migrate yet..

You may also sign up for downtime notifications -- it didn't happen until now, so I'm not sure, if it works at all, but this feature appears to be new on bitnodes.io:

https://getaddr.bitnodes.io/nodes/1409015334/?q=bitwatch (click on the node, then you can subscribe)

While we're at it:

I noticed there were 93'206 requests from 1CHACHAGuuxTr8Yo9b9SQmUGLg9X5iSeKX out of a total of 117'301 over a timeframe of less than, but almost the last seven days. (this is a crazy growth btw) -- I noticed this address earlier and was wondering.. what exactly is this?

[magician]

This is still being caused by temporary downtimes in the APIs we use. We're going to add an indicator of whether these APIs are fully functioning to the next version. 
Magician

Is this related to bitwatch? Wey, please tell me, if something like this happens. I'm passive reader here, but still..

FWIW I have another server already available, but didn't had the time to migrate yet..

You may also sign up for downtime notifications -- it didn't happen until now, so I'm not sure, if it works at all, but this feature appears to be new on bitnodes.io:

https://getaddr.bitnodes.io/nodes/1409015334/?q=bitwatch (click on the node, then you can subscribe)

While we're at it:

I noticed there were 93'206 requests from 1CHACHAGuuxTr8Yo9b9SQmUGLg9X5iSeKX out of a total of 117'301 over a timeframe of less than, but almost the last seven days. (this is a crazy growth btw) -- I noticed this address earlier and was wondering.. what exactly is this?

The API that's causing trouble is actually https://insight.bitpay.com/api/tx/. (We use this one to read some raw transaction data.) Bitwatch has been very reliable for us.

The 1CHACHA address is the one we use to receive live BTC bets. We have a server running that listens for transactions involving that address. Hence the extra traffic. Let us know if it's causing any strain.

[parker928]

lol gambling is always fun

[peled1986]

There was a bug caused by a change in one of the bitcoin APIs we use. I found it, squished it, and just released a new version. Instant betting works again. Good catch! Resume betting!

Magician

@devs, please check what is causing bets to get resolved only when new block is confirmed.
its hard to go back from Instant betting to 10 min betting 

This is still being caused by temporary downtimes in the APIs we use. We're going to add an indicator of whether these APIs are fully functioning to the next version. 

Magician

I have a bet that is pending for over 24 hours...
what do you recommend me to do?