It would benefit the community if we all collaborated to make a new system. We should start off by listing problems with current provably fair systems.
- The need to change a user seed every time in some cases.
- Using variables in the hash that cannot be verified by the user that they were not changed after the bet. (Time, etc.)
We can add more if you post them here.
We should also list possible solutions to these problems. What if when a user signed on to a site, they input a deterministic wallet chain code. The site now locks that in to the account, and the user cannot have coins stolen because the site can always send to an address from that wallet and the client will have it. This also eliminates another problem.
As for the client seed, every roll could use the next deterministic address as the client seed. The site does not need to have the private keys, but if they have an address and a chain code, they can create all the next addresses, but not private keys.
I should not be the only person with input here. If you have ideas, post them. I'm just trying to get the ball rolling.
Tbh, i dont think 100% foolproof provably fair is even possible, there is always room for manipulation, im not saying gambling sites do manipulate rolls but they can .
They dont need to do it , in long term its better to be fair and u will get rewarded with players and profit .
When i come up with some ideas for better provably fair i will come back and post my thoughts .
