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Topic: 7dayponzi.com "Ponzi Done Right" - Over 40btc paid out - Escrow protected - page 10. (Read 10136 times)

legendary
Activity: 1428
Merit: 1000
https://www.bitworks.io
We do not use their time stamp.

What time stamp are you using then?

We run a full bitcoin node and use it as the authoritative clock/transaction order

Actually blockchain.info has a very limited api and has gone down many times.  We want our system based on the actual bitcoin blockchain, not a third party.
What is missing in the blockchain.info APIs? Your could create a lot of more trust, if you use a system (e.g. blockchain.info), we can easily follow. Even the clock there is always correct. I played ponzis for a longer time and till now i never saw any time lag. Sometimes the confirm takes longer, but the timestamp was always correct.

Why use a 3rd party api of the blockchain, when you can use the real blockchain?  Take an address and compare the times and transaction orders between blockchain.info and blockr.io.   They don't match 100%.  We make sure our countdown timer is synched with our blockchain time.  The true transaction order/time are directly taken from our node and displayed on our site.




The challenges for the game comes from the fact that the OP is trying to execute a game where order of transactions and timing are critical to the perceived fairness of the game.. Yet not using a common reference (blockchain.info, chain.com, etc.) means users have no external reference to base the game's performance on.. Further the OP even links to blockchain.info TXes so it's reasonable for users to reference it for transaction ordering and timing..

In short the blockchain has no assurance of timing for broadcast or explicit transaction broadcast order but you are running a game that relies on that, and providing users no reference point outside of a self fulfilling statement the server itself is the authority, but your upstream network topology, connected nodes, etc. all have a material influence on how that order works since you are trying to establish it yourself.

Bottom line, if you want to build trust and avoid most of the ambiguity that is inevitable with the current game utilize a blockchain reference (blockchain.info, blockr, chain, etc.) as the authority...
member
Activity: 70
Merit: 10
We do not use their time stamp.

What time stamp are you using then?

We run a full bitcoin node and use it as the authoritative clock/transaction order

Actually blockchain.info has a very limited api and has gone down many times.  We want our system based on the actual bitcoin blockchain, not a third party.
What is missing in the blockchain.info APIs? Your could create a lot of more trust, if you use a system (e.g. blockchain.info), we can easily follow. Even the clock there is always correct. I played ponzis for a longer time and till now i never saw any time lag. Sometimes the confirm takes longer, but the timestamp was always correct.

Why use a 3rd party api of the blockchain, when you can use the real blockchain?  Take an address and compare the times and transaction orders between blockchain.info and blockr.io.   They don't match 100%.  We make sure our countdown timer is synched with our blockchain time.  The true transaction order/time are directly taken from our node and displayed on our site.


Okay, but then your server should be always synced with the official time. At this moment it isn't. The time, you show in your lists differ from any atom clock. At this moment about 4-5 seconds. Not a big problem, if this difference would be always constant. But it would made me a little bit nervous, if it's fluctuating from hour to hour.
If you would refer to blockchain.info and say "new round starts, if blockchain time hits 3am (or whatever)", then everybody can check easily, if a deposit is IN or OUT.
But this is only a suggestion to create more trust, i will keep playing also with "your" server time, if we can rely on it.

First off, thank you for the suggestions.  It is really appreciated.  Here is an interesting link that shows how unpredictable the transaction timestamp is:

http://bitcoin.stackexchange.com/questions/20479/how-accurate-is-bitcoin-network-time
full member
Activity: 139
Merit: 100
We do not use their time stamp.

What time stamp are you using then?

We run a full bitcoin node and use it as the authoritative clock/transaction order

Actually blockchain.info has a very limited api and has gone down many times.  We want our system based on the actual bitcoin blockchain, not a third party.
What is missing in the blockchain.info APIs? Your could create a lot of more trust, if you use a system (e.g. blockchain.info), we can easily follow. Even the clock there is always correct. I played ponzis for a longer time and till now i never saw any time lag. Sometimes the confirm takes longer, but the timestamp was always correct.

Why use a 3rd party api of the blockchain, when you can use the real blockchain?  Take an address and compare the times and transaction orders between blockchain.info and blockr.io.   They don't match 100%.  We make sure our countdown timer is synched with our blockchain time.  The true transaction order/time are directly taken from our node and displayed on our site.


Okay, but then your server should be always synced with the official time. At this moment it isn't. The time, you show in your lists differ from any atom clock. At this moment about 4-5 seconds. Not a big problem, if this difference would be always constant. But it would made me a little bit nervous, if it's fluctuating from hour to hour.
If you would refer to blockchain.info and say "new round starts, if blockchain time hits 3am (or whatever)", then everybody can check easily, if a deposit is IN or OUT.
But this is only a suggestion to create more trust, i will keep playing also with "your" server time, if we can rely on it.
member
Activity: 266
Merit: 10
Of course why they will use the blockchain api if they can use the real blockchain.
And this will not affect the website, its working fine since a lot of days
member
Activity: 70
Merit: 10
We do not use their time stamp.

What time stamp are you using then?

We run a full bitcoin node and use it as the authoritative clock/transaction order

Actually blockchain.info has a very limited api and has gone down many times.  We want our system based on the actual bitcoin blockchain, not a third party.
What is missing in the blockchain.info APIs? Your could create a lot of more trust, if you use a system (e.g. blockchain.info), we can easily follow. Even the clock there is always correct. I played ponzis for a longer time and till now i never saw any time lag. Sometimes the confirm takes longer, but the timestamp was always correct.

Why use a 3rd party api of the blockchain, when you can use the real blockchain?  Take an address and compare the times and transaction orders between blockchain.info and blockr.io.   They don't match 100%.  We make sure our countdown timer is synched with our blockchain time.  The true transaction order/time are directly taken from our node and displayed on our site.

member
Activity: 78
Merit: 11
We do not use their time stamp.

What time stamp are you using then?

We run a full bitcoin node and use it as the authoritative clock/transaction order

Actually blockchain.info has a very limited api and has gone down many times.  We want our system based on the actual bitcoin blockchain, not a third party.
What is missing in the blockchain.info APIs? Your could create a lot of more trust, if you use a system (e.g. blockchain.info), we can easily follow. Even the clock there is always correct. I played ponzis for a longer time and till now i never saw any time lag. Sometimes the confirm takes longer, but the timestamp was always correct.

Totally agree.
full member
Activity: 139
Merit: 100
We do not use their time stamp.

What time stamp are you using then?

We run a full bitcoin node and use it as the authoritative clock/transaction order

Actually blockchain.info has a very limited api and has gone down many times.  We want our system based on the actual bitcoin blockchain, not a third party.
What is missing in the blockchain.info APIs? Your could create a lot of more trust, if you use a system (e.g. blockchain.info), we can easily follow. Even the clock there is always correct. I played ponzis for a longer time and till now i never saw any time lag. Sometimes the confirm takes longer, but the timestamp was always correct.
member
Activity: 70
Merit: 10
We do not use their time stamp.

What time stamp are you using then?

We run a full bitcoin node and use it as the authoritative clock/transaction order

Actually blockchain.info has a very limited api and has gone down many times.  We want our system based on the actual bitcoin blockchain, not a third party.
member
Activity: 78
Merit: 11
We do not use their time stamp.

What time stamp are you using then?

We run a full bitcoin node and use it as the authoritative clock/transaction order

How can we trust that node's clock? I mean for example blockchain's clock is highly trustworthy while some node's clock isn't.
Blockchain has a lot of trust. Why do you create a gas lamp when we have an electricity?
member
Activity: 70
Merit: 10
We do not use their time stamp.

What time stamp are you using then?

We run a full bitcoin node and use it as the authoritative clock/transaction order
member
Activity: 78
Merit: 11
We do not use their time stamp.

What time stamp are you using then?
member
Activity: 70
Merit: 10
Challenge:  

If someone deposits .5 btc in next hour.
I will immediately match it with another .5 btc
That will take care of ~11 people ahead of you.

EDIT:  That was typed at 8:00am US East Coast Time (UTC -4)
God idea. I did it: https://blockchain.info/de/tx/a749aac41086be278a8fb5b20d007d21e43633d1b3c379b519106b7740391f55

Hey bufa, looks like you went from 'last' to 'next' in about 5 minutes!
yes, i saw it with pleasure :-)

But one question: I see now:
Next: 1AVHQWwgwawvN4zZpDMwH2WKuQLCv8P9NT | Total to collect ฿0.67520000 | Total collected ฿0.21596127

Why have to collect 0.6752, if you need only 0,65 to pay. Even with fee, this didn't fit. Or have i a problem with my math?


Payout formula: deposited amount + 5% commission + 0.0001 BTC first transaction fee + 0.0001 BTC second transaction fee.
Okay thanks, nearly understand. But 2 tx fees? One is always paid by the one, who did the deposit?

1 tx to pay the winner
1 tx to pay PonZ

EDIT:  Math (.5 x .05 = .025) + (.65) + (.0002) = .6752
full member
Activity: 139
Merit: 100
Challenge: 

If someone deposits .5 btc in next hour.
I will immediately match it with another .5 btc
That will take care of ~11 people ahead of you.

EDIT:  That was typed at 8:00am US East Coast Time (UTC -4)
God idea. I did it: https://blockchain.info/de/tx/a749aac41086be278a8fb5b20d007d21e43633d1b3c379b519106b7740391f55

Hey bufa, looks like you went from 'last' to 'next' in about 5 minutes!
yes, i saw it with pleasure :-)

But one question: I see now:
Next: 1AVHQWwgwawvN4zZpDMwH2WKuQLCv8P9NT | Total to collect ฿0.67520000 | Total collected ฿0.21596127

Why have to collect 0.6752, if you need only 0,65 to pay. Even with fee, this didn't fit. Or have i a problem with my math?


Payout formula: deposited amount + 5% commission + 0.0001 BTC first transaction fee + 0.0001 BTC second transaction fee.
Okay thanks, nearly understand. But 2 tx fees? One is always paid by the one, who did the deposit?
legendary
Activity: 1161
Merit: 1004
Challenge:  

If someone deposits .5 btc in next hour.
I will immediately match it with another .5 btc
That will take care of ~11 people ahead of you.

EDIT:  That was typed at 8:00am US East Coast Time (UTC -4)
God idea. I did it: https://blockchain.info/de/tx/a749aac41086be278a8fb5b20d007d21e43633d1b3c379b519106b7740391f55

Hey bufa, looks like you went from 'last' to 'next' in about 5 minutes!
yes, i saw it with pleasure :-)

But one question: I see now:
Next: 1AVHQWwgwawvN4zZpDMwH2WKuQLCv8P9NT | Total to collect ฿0.67520000 | Total collected ฿0.21596127

Why have to collect 0.6752, if you need only 0,65 to pay. Even with fee, this didn't fit. Or have i a problem with my math?


Payout formula: deposited amount + 5% commission + 0.0001 BTC first transaction fee + 0.0001 BTC second transaction fee.
member
Activity: 70
Merit: 10
Challenge:  

If someone deposits .5 btc in next hour.
I will immediately match it with another .5 btc
That will take care of ~11 people ahead of you.

EDIT:  That was typed at 8:00am US East Coast Time (UTC -4)
God idea. I did it: https://blockchain.info/de/tx/a749aac41086be278a8fb5b20d007d21e43633d1b3c379b519106b7740391f55

Hey bufa, looks like you went from 'last' to 'next' in about 5 minutes!
yes, i saw it with pleasure :-)

But one question: I see now:
Next: 1AVHQWwgwawvN4zZpDMwH2WKuQLCv8P9NT | Total to collect ฿0.67520000 | Total collected ฿0.21596127

Why have to collect 0.6752, if you need only 0,65 to pay. Even with fee, this didn't fit. Or have i a problem with my math?


.65 needed to pay out + tx fee + our 5% and tx fee
full member
Activity: 139
Merit: 100
Challenge:  

If someone deposits .5 btc in next hour.
I will immediately match it with another .5 btc
That will take care of ~11 people ahead of you.

EDIT:  That was typed at 8:00am US East Coast Time (UTC -4)
God idea. I did it: https://blockchain.info/de/tx/a749aac41086be278a8fb5b20d007d21e43633d1b3c379b519106b7740391f55

Hey bufa, looks like you went from 'last' to 'next' in about 5 minutes!
yes, i saw it with pleasure :-)

But one question: I see now:
Next: 1AVHQWwgwawvN4zZpDMwH2WKuQLCv8P9NT | Total to collect ฿0.67520000 | Total collected ฿0.21596127

Why have to collect 0.6752, if you need only 0,65 to pay. Even with fee, this didn't fit. Or have i a problem with my math?
sr. member
Activity: 392
Merit: 250
★777Coin.com★ Fun BTC Casino!
newbie
Activity: 42
Merit: 0
Challenge: 

If someone deposits .5 btc in next hour.
I will immediately match it with another .5 btc
That will take care of ~11 people ahead of you.

EDIT:  That was typed at 8:00am US East Coast Time (UTC -4)
God idea. I did it: https://blockchain.info/de/tx/a749aac41086be278a8fb5b20d007d21e43633d1b3c379b519106b7740391f55

Hey bufa, looks like you went from 'last' to 'next' in about 5 minutes!

nah i make it gotta "paid" in 5 minute
member
Activity: 70
Merit: 10
Challenge: 

If someone deposits .5 btc in next hour.
I will immediately match it with another .5 btc
That will take care of ~11 people ahead of you.

EDIT:  That was typed at 8:00am US East Coast Time (UTC -4)
God idea. I did it: https://blockchain.info/de/tx/a749aac41086be278a8fb5b20d007d21e43633d1b3c379b519106b7740391f55

Hey bufa, looks like you went from 'last' to 'next' in about 5 minutes!
newbie
Activity: 42
Merit: 0
cool...now i get my 0.6 back...well i will redeposit when the 150% rate start haha

You still have time to get you another 130 pay out before the 150 round!

lol i dont think so when theres already 1,5 BTC+ above me...XD
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