💡 iDNA.bet ✧ The 1st Proof-of-Person on-chain betting platform in iDNA ✧ 🧠

[Aerospace1244]

IDENA blockchain have run their own on-chain betting platform based on OracleLock principle.

iDNA.Bet

In brief each of the match represents by 2 prize funds each of them has own independent on-chain OracleLock contract. Matches with possible draw result is not allowed for the current moment.
At the end of the match a special fact certification Oracle would be run to ask the network members about the winner of the match. So, after the end of the certification Oracle the winners will split the losers prize fund divided in proportion to individual bets each of the winner side bettors.

Quite interesting approach, the final WCUP 2022 match was quite successful and got a bit less than 20 000 iDNA prize fund.

The platform fastly evolving and now they are accepting bets for the final match of Supercopa de Brasil between Palmeiras and Flamengo which will take place on January 28th at 16:30 GMT-3.

It would interesting to know your opinion about the idea using certification Oracles to prove the sports event results to unlock and split the prize fund of the match via smart-contract.

More information about OracleLock principle is available here:
https://docs.idena.io/docs/developer/node/oracle-lock

[Hispo]

Quoting your picture so it can be seen by others easily.
Thanks for bringing your project around here, I have never read much about oracles and how they work, so I have a question.

You mean that for this decentralized casino to work, after a match it will require input from actual people about the results of that said match?
Do network members have stakes on this network or the casino itself?
Assuming they do not have stakes on the network (tokens/coins) and they only run a node, what is it the incentive for them to give correct information the smart contract can work with?

[Aerospace1244]

Thanks for bringing your project around here, I have never read much about oracles and how they work, so I have a question.

Thank you for quoting my image and good words about our betting platform project.

You mean that for this decentralized casino to work, after a match it will require input from actual people about the results of that said match?
Do network members have stakes on this network or the casino itself?
Assuming they do not have stakes on the network (tokens/coins) and they only run a node, what is it the incentive for them to give correct information the smart contract can work with?

About Casino, I am not sure if that could work. In general the idea is to ask (fact certification Oracle) who is the winner of the match? And then majority would take a decision who is the winner. The fact certification Oracle is always cover the whole network and each of the member to be available to vote must to lock some amount of coins and that coins would be returned back in case if his answer would be part of the majority. Also it could be returned more coins in case if some people would put the vote to the opposite side by mistake or for self-interested aims. So people, gonna be motivated to vote on the true winner favour.

About the stake, they have a special conception called Quadratic Staking you don't need to have any stake to make a bet but take part in a vote for the fact certification Oracle your identity in the network must be validated. The validation in the network happening regularly (currently the period of each validation is equal to 12 days. It's called Epoch) depends on the network size. People to keep validated status must solve a special test called flip, which looks like a series of images that represents a logical story that has beginning at the top and end at the bottom, more information you could find on the idena blockchain official website idena.io. The point is that the network because of the that flip test accepts only humans as Oracle validators each of the validators has a special status which represents kind of advanced eco-sytem with a special rights and privileges. Also, people must pass the test for each of the epoch but this is a separate topic, the point of that conversation is that network members by majority taking a decision who is the winner after the match is over and based on that decision the contract unlocks the prize fund to the favour of winners. That's why there is no needs to have any KYC and everything is 100% on-chain and anonymous. The platform is always getting the interest from each of the bet and bettors splitting the prize fund of losers. So, it's like a WIN/WIN strategy.

[piebeyb]

first welcome to this forum, glad to see that IDENA can be used for betting like this at least their coins are really used apart from advertising, staking and others, just a suggestion that you should also add the big leagues there will attract more enthusiasts, oh yes don't forget to added information about idena ANN here https://bitcointalk.org/index.php?topic=5194871.0 

[klidex]

IDENA blockchain have run their own on-chain betting platform based on OracleLock principle.

iDNA.Bet

In brief each of the match represents by 2 prize funds each of them has own independent on-chain OracleLock contract. Matches with possible draw result is not allowed for the current moment.
At the end of the match a special fact certification Oracle would be run to ask the network members about the winner of the match. So, after the end of the certification Oracle the winners will split the losers prize fund divided in proportion to individual bets each of the winner side bettors.

Quite interesting approach, the final WCUP 2022 match was quite successful and got a bit less than 20 000 iDNA prize fund.

The platform fastly evolving and now they are accepting bets for the final match of Supercopa de Brasil between Palmeiras and Flamengo which will take place on January 28th at 16:30 GMT-3.

It would interesting to know your opinion about the idea using certification Oracles to prove the sports event results to unlock and split the prize fund of the match via smart-contract.

More information about OracleLock principle is available here:
https://docs.idena.io/docs/developer/node/oracle-lock

Welcome to the OP's forum.

It seems that the idea that has been designed and will be carried out by you and the iDNA.bet development team is quite good and interesting.
If this idea is really realized, it will actually give gamblers and users of the platform their own interest.
Always prioritize user satisfaction and comfort when betting on your platform. Accept and respond to all suggestions or feedback that has been given by other users.
After all, in the gambling platform business, the customer is everything and if the users are satisfied, they will indirectly invite friends or other people to enter and register on the platform.
Hopefully what you and your team have planned can actually be achieved.

[CryptSafe]

Welcome onboard the bitcointalk platform. It is nice having you here. Coming here would do more good for your project and chain which would create more awareness of what's you offer. I did a search on your website and found out that your user interface is very good and attractive kudos to your developer for the fantastic idea. I noticed this is likely a Brazilian project from the information on your website.


Sorry to say this, of all the matches to be played which should have occupied the four columns each from different football league  you only have one occupying the columns which shows your team is just confined with Supercopa de Brasil. I think you put other league too so that other people visiting your website would have a knowledge of you being global rather than being confined with Supercopa. It would help you because no one would want to visit a site two times when such observations are made it would be assumed you are not ready and serious for business.

[slapper]

Congrats on the first on-chain gambling platform on Idena. This is the first time I heard about the proof-of-person and IDENA so I will definitely spend some of my time on depth research. It sounds interested to me

The website still lacks many features and it does not have an appropriate user experience. But I believe the team will check it out and fix it and improve the quality of the website.

Best regards

[Aerospace1244]

Welcome onboard the bitcointalk platform. It is nice having you here. Coming here would do more good for your project and chain which would create more awareness of what's you offer. I did a search on your website and found out that your user interface is very good and attractive kudos to your developer for the fantastic idea. I noticed this is likely a Brazilian project from the information on your website.


Sorry to say this, of all the matches to be played which should have occupied the four columns each from different football league  you only have one occupying the columns which shows your team is just confined with Supercopa de Brasil. I think you put other league too so that other people visiting your website would have a knowledge of you being global rather than being confined with Supercopa. It would help you because no one would want to visit a site two times when such observations are made it would be assumed you are not ready and serious for business.

That's a very good point. We gonna fix that in a couple of days also we will change texts. I would appreciate if you could recommend the most anticipated coming soon matches with 100% only one winner.

[Aerospace1244]

Congrats on the first on-chain gambling platform on Idena. This is the first time I heard about the proof-of-person and IDENA so I will definitely spend some of my time on depth research. It sounds interested to me

The website still lacks many features and it does not have an appropriate user experience. But I believe the team will check it out and fix it and improve the quality of the website.

Best regards

Thank you for the feedback, yes we are working hard to fix bugs and make user interface more friendly. Also, we are preparing a video guide with an explanation of the betting process and basic principles of the event certification Oracle process.

first welcome to this forum, glad to see that IDENA can be used for betting like this at least their coins are really used apart from advertising, staking and others, just a suggestion that you should also add the big leagues there will attract more enthusiasts, oh yes don't forget to added information about idena ANN here https://bitcointalk.org/index.php?topic=5194871.0 

I appreciate for your suggestions. We would like to add big leagues, the point is that for now we could only use matches where the result would 100% sure represent only 1 winner. If you have any recommendations about soon coming the most anticipated matches, I would appreciate you for any additional infos.

[Moderator note: consecutive posts merged (separated via horizontal lines)]

[Daltonik]

IDENA blockchain have run their own on-chain betting platform based on OracleLock principle.

<...>

More information about OracleLock principle is available here:
https://docs.idena.io/docs/developer/node/oracle-lock

Welcome to the forum, it's nice to see that Idena continues its development now and extending its blockchain to the development of sports betting. But what confused me was that for registration on app.idena.io you need to import your own encrypted, but private key of your wallet, of course you can not use the main wallet, but still it pushed me away, so be careful with this.

[slaman29]

Interesting, but I'm not sure I really understand, how do we proof it's a person and not still the company itself or a bot or someone else, and why does this matter? Sorry in advance for stupid question but I read it through and still don't get how this is proof of person and why important.

Also, how is all games settled? Which mechanism, is that also on chain verifiable? You say it asks all members of the network for the result, why? What if same members also make bets?

[robelneo]

Interesting, but I'm not sure I really understand, how do we proof it's a person and not still the company itself or a bot or someone else, and why does this matter? Sorry in advance for stupid question but I read it through and still don't get how this is proof of person and why important.

Also, how is all games settled? Which mechanism, is that also on chain verifiable? You say it asks all members of the network for the result, why? What if same members also make bets?

You can find all the information you need here https://www.idena.io/ I used to be so active here three years ago I still have my wallet I just forgot my age or level here, this token has huge potential they just need continuous marketing and continuous updates to feed their community, I think this platform could help the project to get more attention.
They have a claim to be the first Human-centric Blockchain, and they still have the potential to realize their goal to be the top coin in the industry.

[Mate2237]

(~)

First of all, thanks for bringing bet platform to the forum. Since matches with possible draw are not allowed then the gmaea are already program in such a way that it is not possible if not one day players would have drawn  and once players would have drawn, how will you do to pay the players, that was what I was thinking, since you don't allow that it's even the best.

If I may suggest the certification Oracle code should be asked only the winner of the game not the loser. It is a nice game but OP if you are the owner of the platform you to work on the site and if you are not the owner and a representative in the forum, tell the owner of the project to work on the site and you the ANN thread manager should also work on the ANN thread.

[Unsoldier]

IDENA blockchain have run their own on-chain betting platform based on OracleLock principle.

iDNA.Bet

...

It's a good idea. But your betting site needs some tweaking. You need a nice interface and a variety of sporting events to attract gamblers. For a start, you will improve the display of dates. Right now it looks like this: NaN/NaN/NaN. I hope you'll do well, and good luck.

I made a testing bet 1 iDNA on Palmeiras to test the platform:
https://scan.idena.io/transaction/0x79d198280f805115abdcf56cc1413e0ada4a116bf4be284ea5afca704f19a33d

[Aerospace1244]

It's a good idea. But your betting site needs some tweaking. You need a nice interface and a variety of sporting events to attract gamblers. For a start, you will improve the display of dates. Right now it looks like this: NaN/NaN/NaN. I hope you'll do well, and good luck.

I made a testing bet 1 iDNA on Palmeiras to test the platform:
https://scan.idena.io/transaction/0x79d198280f805115abdcf56cc1413e0ada4a116bf4be284ea5afca704f19a33d

Thank you for the bug report. We have fixed that, looks like it was Firefox only bug. Also we have added a filter of the future events at the top. Now we working on choosing some events for each of the category. So, soon it will be more updates.

[Aerospace1244]

Welcome to the forum, it's nice to see that Idena continues its development now and extending its blockchain to the development of sports betting. But what confused me was that for registration on app.idena.io you need to import your own encrypted, but private key of your wallet, of course you can not use the main wallet, but still it pushed me away, so be careful with this.

Well, the authorization happened on the side of app.idena.io web-application which is 100% open source. Also, to work via web-application you would need a special API key, which you could generate buy running your own shared node or by buying it in the shared node marketplace. API keys + Shared Node URL it's like an access to the API interface of the blockchain. In case if you have doubts you could create a wallet only for bets for example and keep your savings on independent cold wallet that you can create buy running your own node.
For now importing your encrypted private key is the only method that is accepted.
Please note that we are just developing the betting platform in partnership with Idena core team. If you want to know about the roadmap or any futher questions related to the future plans on improving Idena auth mechanism it would better to ask in the comments section of the latest Idena Chronicles.

[Aerospace1244]

First of all, thanks for bringing bet platform to the forum. Since matches with possible draw are not allowed then the gmaea are already program in such a way that it is not possible if not one day players would have drawn  and once players would have drawn, how will you do to pay the players, that was what I was thinking, since you don't allow that it's even the best.

If I may suggest the certification Oracle code should be asked only the winner of the game not the loser. It is a nice game but OP if you are the owner of the platform you to work on the site and if you are not the owner and a representative in the forum, tell the owner of the project to work on the site and you the ANN thread manager should also work on the ANN thread.

Yes, you are right it is better to create an independent subject in ANN thread I will make it and publish the link here.
Yes, draw matches is not allowed for now. Only matches where 100% the winner will be known at the end of the match. But in case if something happened the majority would choose who is the winner. I mean everything is on chain and the results of certification Oracle would unlock the losers fund for winners side.

This is an example of fact certification Oracle

As you can see the question is pretty simple: "Who won the WCUP 2022?". After the end of vote counting period it automatically unlock losers fund for winners.

[Aerospace1244]

You can find all the information you need here https://www.idena.io/ I used to be so active here three years ago I still have my wallet I just forgot my age or level here, this token has huge potential they just need continuous marketing and continuous updates to feed their community, I think this platform could help the project to get more attention.
They have a claim to be the first Human-centric Blockchain, and they still have the potential to realize their goal to be the top coin in the industry.

Thank you for your quite good explanation and please come back to us. There are lots of improvements especially related to the validation/invites/flips/reports funds distribution. Also, now we have vote discrimination period for delegated and Newbie identities.

[Aerospace1244]

Interesting, but I'm not sure I really understand, how do we proof it's a person and not still the company itself or a bot or someone else, and why does this matter? Sorry in advance for stupid question but I read it through and still don't get how this is proof of person and why important.

Also, how is all games settled? Which mechanism, is that also on chain verifiable? You say it asks all members of the network for the result, why? What if same members also make bets?

Well, the basic principle is that all network members who has the vote rights suppose to pass a special test at the end of each epoch which prove that those people are Humans. The network is way bigger than quantity of bettors. So, to cheat the system you would need to manipulate with a huge amount of people which is almost impossible or the expenses would be way bigger than the potential profit. That's why it's called Proof-of-Personhood. The blockchain paying you coins after each of the epoch to motivate you to prove that you are a Human. The unique point of Idena that you don't need to show any ID, or any other information about yourself, the only thing which make sense in the network is to pass the validation ceremony/create flips/report others flips in case if they are against of main rules. Also, rewards are depends on your stake, the more stake you have the more rewards the blockchain paying you after each validation.


The [ANN] topic about our platform is available here:
https://bitcointalk.org/index.php?topic=5436434

[Moderator note: consecutive posts merged (separated via horizontal lines)]

[redsun114]

Welcome to the forum, it's nice to see that Idena continues its development now and extending its blockchain to the development of sports betting. But what confused me was that for registration on app.idena.io you need to import your own encrypted, but private key of your wallet, of course you can not use the main wallet, but still it pushed me away, so be careful with this.

Are we sure that this was the old Idena? Maybe it was only a clone and they are only using the name Idena to attract people on their hacking attempt. I don't think a legit project will ask for our sensitive details such as our private keys. It can also be an attempt to destroy the reputation of the old/original Idea but their team can always confirm it here.

Interesting, but I'm not sure I really understand, how do we proof it's a person and not still the company itself or a bot or someone else, and why does this matter? Sorry in advance for stupid question but I read it through and still don't get how this is proof of person and why important.

Also, how is all games settled? Which mechanism, is that also on chain verifiable? You say it asks all members of the network for the result, why? What if same members also make bets?

A KYC can be a good solution for it but they aren't requiring it. Instead, for them to verify that we are a real human we are only required to pass a captcha challenge. About the games, they said it was on-chain betting, so maybe all works in automation like on how on-chain betting sites work on the past. But there must be a way to verify if the games are fair or not.