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Topic: A Bitcoin Powerball (Read 2117 times)

full member
Activity: 196
Merit: 100
May 19, 2013, 10:30:00 PM
#4
In other news I think I'm going to name this Powercoin.

I'm sure the powercoin guys would love you for it.

 Smiley
member
Activity: 80
Merit: 10
May 19, 2013, 04:52:24 PM
#3
Okay I've thought of a way to bypass the one address limitation.
The tickets will be priced at .01 BTC and your payment must be sent in increments of that.
I will divide your sent amount by .01 and for each time that increment occurs I will do some sort of operation to randomize the numbers. I should be able to get about 100 different combinations of numbers using this method, but I will know for sure once testing begins.
member
Activity: 80
Merit: 10
May 19, 2013, 04:43:04 PM
#2
I've decided that the numbers are going to be generated by the address that sends them, so no database is necessary, just a list of Bitcoin addresses entered in the lottery. The one setback using this would be that you could only bet once per address for unique addresses, but I will try and think of a workaround for this.

In other news I think I'm going to name this Powercoin.
member
Activity: 80
Merit: 10
May 19, 2013, 04:28:57 PM
#1
In the coming weeks I will be developing a Bitcoin lottery designed to be similar to the Powerball.
I hope to have the following features:

- Cummulative jackpot
- Random numbers
- Anonymous winners: Will be sent to address that made bet
- Use an escrow until I gain more trust.
- Consolation prizes: eg 4 or 5 correct numbers
- A power number that must be present to win jackpot
- A livefeed of the numbers being generated to prove fairness


Any suggestions, HELPFUL criticism, and comments are welcome.

Oh and I also need a name for this, and what you guys think each ticket should be priced at
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