I'm exploring the notion of Bitcoin as a tool for smart contracts as they apply to online games. So far all online gaming is done through central servers. The rules for poker are clear and should be easy enough to program into a decentralized contract. The roles of the dealer would need to be enforced as well as the players so all players share equal stake and a dealer that quit would be penalized. Confederacy would need to be eliminated through randomization and anonymization. Thoughts?
Isn't this the basic thought behind ethereum? One of the uses of ethereum may be online gaming.
But where does game theory come into your question?
I suppose Ethereum could be used for the game design when it is released, but the cryptographic security would still require a staked cryptocurrency. Game theory is central to all decentralized and distributed operations. Currently only centralized solutions are used for the strategic decision making wrt gambling. They will require a consensus scheme that creates trustless fair play. Game theory also needs to deal with cheating and metadata, so additional security measures will be required. I'm sure there are other issues created by making games decentralized.
So far, nobody has come even close to creating such a device. Yet this may be a crucial implementation for Bitcoin acceptance as a technology.
