[OLD][CSC]CasinoCoin ♠ A Digital Currency For The Regulated Online Gaming Sector

[markandrew]

anyone know where i can purchase csc with pound sterling

[1714979703]

1714979703

[1714979703]

1714979703

[1714979703]

1714979703

[GoldSeal]

anyone know where i can purchase csc with pound sterling

I believe that litebit.eu can do it

[GoldSeal]

CSC clearly has a strong technical following with plenty of people who know about the world of crypto currencies helping out, however i have said it before on here, you really need more marketing, people who directly track down owners of online casinos and convince them to use the coin, it may even be worth someone dedicating all there time to contacting these casino owners through social media, telephone and online chat as i dont think the casinocoincity site is enough to make this a truly successful coin, it needs that sales expert touch to convince casino sites and eventually the big boys like paddy power and william hill

I've been thinking about this lately as well. Now that the v1.3 update has occurred, and block rewards will be dropping to 10CSC soon, what are the next steps that will be taken to get people to adopt CasinoCoin and make it valuable?

Well, there's a lot of activity going on by different members beyond the regular adoption/integration ongoings. However, value is not the only target. Mostly, people are working on improving the accessibility and utility of the coin. There's work going on with mobile wallets. A few members are working on adding more gambling sites. I've been working with a few individuals with regard to developing an ATM for BTC/LTC/CSC, which looks like we may initially deploy in Japan. The current target is to run a crowdsource campaign to assist with rolling out the ATM's possibly at the end of August into September.

Current activities are directed towards to improve accessibility, market cap, and adoption for the most part. The last update was mostly to eliminate the dilution problem the has plagued the coin over the last year. If our changes are successful, it could position the coin quite nicely for use as a low fee funding source for traditional gambling sites once scrypt ASICs are fairly common and scrypt coins become more secure and safer to hold.

[GoldSeal]

BTW, AJChems -
Is the android wallet considered a GA release now? Maybe we can send a announcement out on the list.

[IMJim]

The header needs to be adjusted on the Casino site brother.  It honestly took me a minute to figure out the word "Online" in the slogan area, think the black in those letters is bad against an almost black background.  Also the cards are blurry, it actually looks like all the images on the home page are slightly degraded a bit too far, I assume was done for page load times. 

Sorry I SUCK at doing graphics or I would offer to help with this and your request!!

[GoldSeal]

Casinocoin,
If posisble can we get a banner placement space on casinocoin.org? It's be nice to be able to put up ads from sponsors like bitkee etc

[ajochems]

CSC clearly has a strong technical following with plenty of people who know about the world of crypto currencies helping out, however i have said it before on here, you really need more marketing, people who directly track down owners of online casinos and convince them to use the coin, it may even be worth someone dedicating all there time to contacting these casino owners through social media, telephone and online chat as i dont think the casinocoincity site is enough to make this a truly successful coin, it needs that sales expert touch to convince casino sites and eventually the big boys like paddy power and william hill

I've been thinking about this lately as well. Now that the v1.3 update has occurred, and block rewards will be dropping to 10CSC soon, what are the next steps that will be taken to get people to adopt CasinoCoin and make it valuable?

Well, there's a lot of activity going on by different members beyond the regular adoption/integration ongoings. However, value is not the only target. Mostly, people are working on improving the accessibility and utility of the coin. There's work going on with mobile wallets. A few members are working on adding more gambling sites. I've been working with a few individuals with regard to developing an ATM for BTC/LTC/CSC, which looks like we may initially deploy in Japan. The current target is to run a crowdsource campaign to assist with rolling out the ATM's possibly at the end of August into September.

Current activities are directed towards to improve accessibility, market cap, and adoption for the most part. The last update was mostly to eliminate the dilution problem the has plagued the coin over the last year. If our changes are successful, it could position the coin quite nicely for use as a low fee funding source for traditional gambling sites once scrypt ASICs are fairly common and scrypt coins become more secure and safer to hold.

I agree CSC is lacking marketing efforts but to do that succesfully we first need a stable coin and all the necesarry tools to garantee its success. To have CSC adopted by online casinos we need:

- Comply with the coin specifications, i think that transcoder was right to assume that casinos need a faster block time for crypto currency than bitcoin. Having set the block time to 30 seconds allows for fast deposits and withdrawels. Lately i see block times at my pool of more that 20 minutes!! In my opinion that is totally unacceptable! If i transfer coins to an online casino and i need to wait 20 minutes before i can start playing i will leave! Some users indicated that its not that a big issue but in my opinion this is the next biggest problem we have to solve. Implementing KGW and Digishield may have solved some issues in regards to multipools but also others have appeared. The enormous difficulty swings are not doing any good and we need to collectively analyse the dificulty problems and come with a solution in the next months.

- Supply the necesarry APIs for handling CSC transactions. That is why i started to work on CasinocoinJ because a lot of online casinos are using java based server software. Giving them a java based wallet and api will help them out greatly. We also need to work on a payment gateway for CSC to make it easier for merchants or online casinos to accept CSC. I do not want to start my own online casino but i am willing to see if i can come up with some basic android code framework to build mobile casino games on top of the mobile android wallet. If we supply the community with a framework to build apps i am sure more than one will get on the casinocoin train.

- Secure stable mining at all times. Without stable mining there are is no stable transaction handling. We need to keep the incentive for the miners as high as possible. We are now at block 551401 which means roughly 27.5 mln coins. Lowering the max to 63 mln coins and a block reward of 10 results in 3.550.000 blocks which is about 1230 days which is about 3 years and a bit. If by then the miners do not get at least between 1-5 coins per block on transaction costs they will stop mining. Without mining the network will collapse so by then we need either a lot of transactions per block or increase the transaction fee considerably from the current 0.001 to about 0.1. The good news is we still have about 3 years to make this coin a big success!!

On a more general note, ... I am very happy there is still a lot of support to move this coin forward. Allthough my time is also limited i am very much committed to futher develop this coin as i am still convinced it is one of the very few crypto coins out there with a real purpose. We only need to strengthen its foundation to make it fullfil that promise!

[ajochems]

BTW, AJChems -
Is the android wallet considered a GA release now? Maybe we can send a announcement out on the list.

I still have an issue with the difficulty check implementation which needs to be solved. I can not seem to match the calculated difficulty to the actual network diff. Also need to add the new v1.3.0.0 changes. So better wait with a GA release until that got solved.

[markandrew]

I might be able to create some graphics in spare time, what did people ave in mind, is there an image of the bitkee wallet with the casino coin logo on it, as this would be very easy to start with

[GoldSeal]

I might be able to create some graphics in spare time, what did people ave in mind, is there an image of the bitkee wallet with the casino coin logo on it, as this would be very easy to start with

I can get the bitkee images for you today.

[GoldSeal]

Things like the bitkee idea and banners gambling websites could use saying they accept casinocoin etc I can create a press kit link on the op

To the above post what were you viewing the website on? Everything looks fine for me and ive done a thorough review of the responsiveness
You are correct the main banner image is reduced quality for better page load but the others are all part of an icon script

Maybe we could punch up the slide show. No banner is needed if we substitute slides for example.

[GoldSeal]

I agree CSC is lacking marketing efforts but to do that succesfully we first need a stable coin and all the necesarry tools to garantee its success. To have CSC adopted by online casinos we need:

- Comply with the coin specifications, i think that transcoder was right to assume that casinos need a faster block time for crypto currency than bitcoin. Having set the block time to 30 seconds allows for fast deposits and withdrawels. Lately i see block times at my pool of more that 20 minutes!! In my opinion that is totally unacceptable! If i transfer coins to an online casino and i need to wait 20 minutes before i can start playing i will leave! Some users indicated that its not that a big issue but in my opinion this is the next biggest problem we have to solve. Implementing KGW and Digishield may have solved some issues in regards to multipools but also others have appeared. The enormous difficulty swings are not doing any good and we need to collectively analyse the dificulty problems and come with a solution in the next months.

- Supply the necesarry APIs for handling CSC transactions. That is why i started to work on CasinocoinJ because a lot of online casinos are using java based server software. Giving them a java based wallet and api will help them out greatly. We also need to work on a payment gateway for CSC to make it easier for merchants or online casinos to accept CSC. I do not want to start my own online casino but i am willing to see if i can come up with some basic android code framework to build mobile casino games on top of the mobile android wallet. If we supply the community with a framework to build apps i am sure more than one will get on the casinocoin train.

- Secure stable mining at all times. Without stable mining there are is no stable transaction handling. We need to keep the incentive for the miners as high as possible. We are now at block 551401 which means roughly 27.5 mln coins. Lowering the max to 63 mln coins and a block reward of 10 results in 3.550.000 blocks which is about 1230 days which is about 3 years and a bit. If by then the miners do not get at least between 1-5 coins per block on transaction costs they will stop mining. Without mining the network will collapse so by then we need either a lot of transactions per block or increase the transaction fee considerably from the current 0.001 to about 0.1. The good news is we still have about 3 years to make this coin a big success!!

On a more general note, ... I am very happy there is still a lot of support to move this coin forward. Allthough my time is also limited i am very much committed to futher develop this coin as i am still convinced it is one of the very few crypto coins out there with a real purpose. We only need to strengthen its foundation to make it fullfil that promise!

well 30 second block times are the target. Obviously we can't guarantee blocks every 30 seconds. However, over the long run 30 should be the average. Have we confirmed whether this is the case or not? It may well be falling a bit short due to DGWv2 and digishield. Let's keep an eye on this because I think we definitely will need to make changes when ASIC really start hitting the scene en mass.

Also with regard to 30 second block times, this is mostly important if the coin is used directly to bet since it means faster confirms. For online casino funding purposes, it's not as important if it take a few minutes more on average.

On the API side, I think we should maybe look into supporting integrated publishing to an AMQP broker and possibly auto-parsing transactions into redis. Just supporting a java library may be a bit weak since the client already support JSON RPC.

With regard to mining, the bulk of the coins will be minted int he next 3 years. Possibly, we could change the block reward to 0.5 or 1 before we get to 63,000,000 if the community wishes, but for now there is a side benefit that the hard stop ensures that miners will have to update past that point should a change like this be introduced. Honestly, having a 0 coin block reward doesn't scare me so much. Eventually people should pay processing fees to support the network. Fees are probably much healthier than introducing permanent dilution to keep the currency functioning. For now, the changes that we introduced should serve to protect value for people who hold and support the coin instead of the people who have used the coin in the past as nothing more than a temporary means to get BTC by mining when the diff is low. Those types of miners are basically parasites who move from coin to coin and sell them soon as they are generated. Under these conditions, a very small number of opportunistic miners can destroy most of a coins exchange price in a very short period of time resulting in general wealth destruction for everyone. Making the coin less attractive to those types of miners should help stabilise the coin and it's important that we do so before ASICs become prolific. For these miner to come back after the subsidy change, the coin's price would need to increase 5x for them to make the same profits. Maybe now the coin can start to trade on it's own free from these miners constantly trying to drive the price into oblivion.

[GoldSeal]

AJChems,

Have you done any work with Javacards before? On the ATM side, we were looking at these as a possible way to develop a POS system whereby the private key would be stored on the IC and a JVM would be run on the card to sign transactions from the pos terminal. This would mean that a private key would not be passed to the terminal to facilitate a transaction.

Ideally, I'm thinking of implementing something like this to eliminate the bullshit paper receipts with QR private codes that people struggle with and instead replace it with a familiar credit card style system. What are your thoughts?

[ajochems]

Just finished uploading the VirtualBox image for compiling the windows and linux clients, you can find it at: https://mega.co.nz/#!4UsTVYjL!c6MzeY4otu90NxFYK9SDvypueUrTkpH6gTJtWdQ2CE4
Username/Pass to login is: ubuntu/ubuntu
It is compressed with 7Zip. In the home directory is a README file on how to proceed. Basically it comes down to git clone the sources, set the source location and run buildCSC.sh. After a few cups of coffee you find the daemon and Qt clients for windows and linux in csc-dist directory. Let me know if it works for you.
As always enjoy!

[GoldSeal]

Perfect thanks ajo keep up the great work!

Looking at the cryptsy market for CSC, someone with a small but big amount of btc ~1-2 Could easily push this market very high. Then comes the autosells 

The amount of pageviews etc are going up for casinocoin.org and the forums in the past few weeks now averaging around 30-60 per day
As a community we should make an effort to post on the forums to especially for persons who are new and looking to get involved but don't use btctalk

Check out the hashrate since the release July 18:
http://www.coinwarz.com/network-hashrate-charts/casinocoin-network-hashrate-chart

[markandrew]

Perfect thanks ajo keep up the great work!

Looking at the cryptsy market for CSC, someone with a small but big amount of btc ~1-2 Could easily push this market very high. Then comes the autosells 

The amount of pageviews etc are going up for casinocoin.org and the forums in the past few weeks now averaging around 30-60 per day
As a community we should make an effort to post on the forums to especially for persons who are new and looking to get involved but don't use btctalk

Check out the hashrate since the release July 18:
http://www.coinwarz.com/network-hashrate-charts/casinocoin-network-hashrate-chart

if everyone on here tries to make noise about the coin then we may see a promising result perhaps if we were to all start emailing and contacting online casinos??

[sureman_otter]

noticed today that coinmarketcap.com is linking to the old website not casinocoin.org   

[GoldSeal]

Perfect thanks ajo keep up the great work!

Looking at the cryptsy market for CSC, someone with a small but big amount of btc ~1-2 Could easily push this market very high. Then comes the autosells  

The amount of pageviews etc are going up for casinocoin.org and the forums in the past few weeks now averaging around 30-60 per day
As a community we should make an effort to post on the forums to especially for persons who are new and looking to get involved but don't use btctalk

Check out the hashrate since the release July 18:
http://www.coinwarz.com/network-hashrate-charts/casinocoin-network-hashrate-chart

if everyone on here tries to make noise about the coin then we may see a promising result perhaps if we were to all start emailing and contacting online casinos??

I think we need to create an info site specifically targeting online casino operators where we can present them with information on funding options, integration, etc

These are the options available on pokerstars for example:
http://www.pokerstars.com/poker/real-money/

Obviously we would want to compare casinocoin to these services with regard to security, fees, transfer time, reversibility, etc etc

[sureman_otter]

casino.poolsofhonor.com

this pool is pretty good, needs a few more miners, pretty much solo mining right now

[sureman_otter]

casino.poolsofhonor.com

this pool is pretty good, needs a few more miners, pretty much solo mining right now

36MH Solo Mining thats some power ya got there!

I have more.. but just cant seem to shake the Doge...