LottoShares - Dice 0% Edge - 80LTS Airdrop to all DOGE owners

[FreeTrade]

New topic on ideas for the future of LottoShares -
https://bitcointalk.org/index.php?topic=726349.0

[FreeTrade]

I've implemented the faster draws.

We've had to ditch the NY Lottery number feed - it was just too slow.

Now I'm using RSA to sign the hash of the block which contains the tickets and using this as a seed for the randomness. It's not ideal, but I think on balance, it is better.

It means faster draws -

Step 1. Play ticket
Step 2. Ticket included in a block (Block N)
Step 2.1 - Block signed -
Step 3. Draw included in the next block (Block N+1)

So the current interface will display the results and make payouts in the next block (block N+1).

However, I'll be making it even faster . . so soon we'll get results displayed a few seconds after the inclusion block (block N).

Then I'll be making it even faster . . so we'll have 30 second block times. We'll get results then in an average of about 20 seconds.

[CLains]

Awesome

[dadennis]

So I entered the private keys for 3 Sharecoin-adresses which were on the original sahrecoin distribution list, but just received 7080 LTS so far ...

Was about 2 hours ago. So will the other LTS appear anytime soon or did I do something wrong? (When I want to reimport the private keys I get an error: "Error adding key to wallet (code -4)")

[FreeTrade]

So I entered the private keys for 3 Sharecoin-adresses which were on the original sahrecoin distribution list, but just received 7080 LTS so far ...

Was about 2 hours ago. So will the other LTS appear anytime soon or did I do something wrong? (When I want to reimport the private keys I get an error: "Error adding key to wallet (code -4)")

You should get 7080 for each address - you can check the public keys here to see if the funds are properly credited -

http://lottoshares.42tx.com/

(Enter the public addresses of the Sharecoin address you want to check in the search box)

Try a salvage wallet, or try importing into a new wallet.

[Jungian]

Why does it take longer for the Protoshares to mature?

[ffwong]

@FreeTrade

The merge mining pool seems dead and no block is generated from there.
The block generation seems to be 1 block per hour now.

[FreeTrade]

@FreeTrade

The merge mining pool seems dead and no block is generated from there.
The block generation seems to be 1 block per hour now.

Yes, I think the mining pool is down - should be back up shortly. We need more mining diversification to avoid this kind of interruption - it is easy money for a scrypt miner right now.

[FreeTrade]

Okay, we've got a hard fork coming up at 10,468.

Dice Game - 0% House Edge
It contains a new dice game - with a variety of odds, and a 0% house rake.
(Don't play the dice game before block 10,500, it doesn't pay out for dice games played before that block)

Faster block times
It supports faster block times (down from 150 seconds to 40 seconds).

Please pull the latest code from github and re-compile.

[biophil]

Why does it take longer for the Protoshares to mature?

He did this to prevent a massive dump on launch.

[Tradingriver]

Okay, we've got a hard fork coming up at 10,468.

Dice Game - 0% House Edge
It contains a new dice game - with a variety of odds, and a 0% house rake.
(Don't play the dice game before block 10,500, it doesn't pay out for dice games played before that block)

Faster block times
It supports faster block times (down from 150 seconds to 40 seconds).

Please pull the latest code from github and re-compile.

I like the idea of the Dice Game. More options more demand for the Lotto Coin. Do anyone know where i can buy it?

[testz]

Okay, we've got a hard fork coming up at 10,468.

Dice Game - 0% House Edge
It contains a new dice game - with a variety of odds, and a 0% house rake.
(Don't play the dice game before block 10,500, it doesn't pay out for dice games played before that block)

Faster block times
It supports faster block times (down from 150 seconds to 40 seconds).

Please pull the latest code from github and re-compile.

Version 1.0.4 released for Windows and Mac OSX: https://github.com/LottoShares/lottoshares/releases

[FreeTrade]

Okay, we've got a hard fork coming up at 10,468.

Dice Game - 0% House Edge
It contains a new dice game - with a variety of odds, and a 0% house rake.
(Don't play the dice game before block 10,500, it doesn't pay out for dice games played before that block)

Faster block times
It supports faster block times (down from 150 seconds to 40 seconds).

Please pull the latest code from github and re-compile.

Version 1.0.4 released for Windows and Mac OSX: https://github.com/LottoShares/lottoshares/releases

Important! Do not play the dice game until block 10,500 - it won't pay out winning rolls until then!

[kokojie]

sweet!! haha 0% house edge, this is so great

[kokojie]

lol, what are these? "guarantee dead cert everytime"?

[FreeTrade]

lol, what are these? "guarantee dead cert everytime"?

It's a 1024 sided dice . . . . you can bet that you'll roll 1 to 1023 . . . and that's nearly a 100% chance . . . aka 'everytime' . . but not quite.

Looking for better names for those bets.

I like the name for betting on rolling a 1 . . . A snowball. (snowball's chance in hell) Good luck rolling a snowball!

[kokojie]

I see, that's what I figured.

I think 0% house edge is a great choice for now, to gain market share from all the web-based dice sites.

[FreeTrade]

I see, that's what I figured.

I think 0% house edge is a great choice for now, to gain market share from all the web-based dice sites.

Thanks. I think we'll be able to keep it at 0% forever.

Having players helps increase demand for LTS, and improves liquidity. Also dice players may play the lottery occasionally too with their LTS.

[Vlad2Vlad]

I see, that's what I figured.

I think 0% house edge is a great choice for now, to gain market share from all the web-based dice sites.

Thanks. I think we'll be able to keep it at 0% forever.

Having players helps increase demand for LTS, and improves liquidity. Also dice players may play the lottery occasionally too with their LTS.

Now can you make a profit long term at 0%?  I thought the house needed a slight edge?  Good luck!

[kokojie]

I see, that's what I figured.

I think 0% house edge is a great choice for now, to gain market share from all the web-based dice sites.

Thanks. I think we'll be able to keep it at 0% forever.

Having players helps increase demand for LTS, and improves liquidity. Also dice players may play the lottery occasionally too with their LTS.

Now can you make a profit long term at 0%?  I thought the house needed a slight edge?  Good luck!

But is there a "house" in LottoShares? Any player that want to play, will have to hold LottoShares, which simultaneously makes the player also a investor (house?).

I think this is pretty neat, true P2P gambling, where the player is also the "house".