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Topic: 🍀[ANN] Belotto - The new decentralized standard for lotteries! 🍀 - page 2. (Read 1985 times)

newbie
Activity: 43
Merit: 0

I realize that current lottery methods are highly transparent, and everyone is confident of the lottery results being thoroughly tested and they always have winning numbers for each opening. bonus. So can you convince me why I need to find out what your project is doing?
copper member
Activity: 17
Merit: 0
projects looks like interesting.. and team is also very good but only question is where this service is going to use means country or specific area of country .
egretia


Hi, William! Thank you for asking this, our platform will be available worldwide just as the Internet is, however, we are aware that legislation for gambling services differ in each territory. Hence, it will be available in every country where lotteries are permitted by law, and if any licenses were required for being able to offer the service, we would issue them in order to comply with all regulations.

Anything else please come back or ask at our Telegram Chat https://t.me/belottogroup.
member
Activity: 266
Merit: 10
Good job! This is a great and promising project. I'll hope it will have a big success. I'll help with my humble support to spread the word everywhere. Good luck with your project!
egretia
member
Activity: 222
Merit: 10
projects looks like interesting.. and team is also very good but only question is where this service is going to use means country or specific area of country .
egretia
newbie
Activity: 20
Merit: 0
#Proof of authentication
Telegram: @nahidfresh99
Twitter: @nahidcl200
Facebook: nahidfresh99
full member
Activity: 490
Merit: 101
Belotto - Blockchain-based cryptocurrency lottery - ICO 2018 https://www.youtube.com/watch?v=ECTGY2C0la0&feature=youtu.be

Belotto is a brand-new project that is building a leading Blockchain-based lottery that allows users to be in control of the management of funds, jackpots and, payouts, eliminating trust issues and tampering possibilities. Resulting in a 100% honest game that helps people from around the world to build their financial dreams by offering real and VERIFIABLE chances of becoming millionaires.
copper member
Activity: 17
Merit: 0
What is the purpose of Belotto project? There are already many projects of decentralized lotteries. What is your difference from them?
exactly, why should we invest in your project and not in others with similar idea?

Hi! Thank you for taking the time to come to our forum and ask such interesting question! I want you to know that this inquiry had been answered before, just like so many others that we can't see now because unfortunately, some of our posts have been deleted (repeatedly, not knowing why).

Here are a couple of reasons besides the undeniable advantages that our platform offers to players and investors that you can find on our White Paper: http://belotto.io/download/belotto-wp-english/?wpdmdl=14

Because we have been highly rated by several analysts at ICO renowned Listings, for example, https://www.trackico.io/ico/belotto/
https://icomarks.com/ico/belotto
https://icobench.com/ico/belotto
Find out more at our official website: https://www.belotto.io

Because we are giving people the opportunity of having a lottery that is not going to abuse or lie to them. Check the status of the others and tell yourself if you truly think they will take over the industry because they have what it takes to be positioned in the real world, most of them are past ICO, are they taking over yet? Belotto has this and much more to offer, it is a genuine company that is up and will go on until it is recognized as the most reliable leading lottery in the cryptocurrency sphere, regardless of the outcome of its ICO. It is completely up to you to come and join us early; this is just an invitation that allows you to make more profit from it than the regular users/players, but you decide what part you want to play.

Soon we will be releasing our M.A.P/M.V.P, and only contributors will be able to try it out. Real prizes on the way!

The cryptocurrency world is only starting, and successes inside it are not defined by the originality of their ideas or purposes, but the intelligence and creativity they invest into their projects, and the strength and vision of the teams behind them. Google wasn't the first search engine to exist, was it? Far from that, indeed.

Thank you for wanting to know more about our project  Smiley we would LOVE to see you come by our registration platform https://belotto.tokennow.io
newbie
Activity: 29
Merit: 0
What is the purpose of Belotto project? There are already many projects of decentralized lotteries. What is your difference from them?
exactly, why should we invest in your project and not in others with similar idea?
newbie
Activity: 14
Merit: 0
The project seems to me phenomenal something for which to invest surely
Let's see how it end
newbie
Activity: 98
Merit: 0
Good project and must join airdrop. Grin
full member
Activity: 252
Merit: 100
Belotto is an excellent decentralized lottery system, built on its own block chain, created on The hyperledger platform.
newbie
Activity: 23
Merit: 0
#Proof of authentication
Telegram: @beatdown14801
Twitter: @Jerome26322604
Facebook: Jerome.ray.3344


newbie
Activity: 132
Merit: 0
You’ve got a great roadmap and the team itself. I’m pretty sure you’ll come through with flying colors! But how your currency fundamentally differs from others is still kind of unclear to me.
egretia
jr. member
Activity: 182
Merit: 1
I've gone through your example of a Belotto's drawing process on page 19 and 20 in the whitepaper and there are some issues

First, the hash is in hexadecimal, so only A through F would be present.  So including G and subsequent letters is useless.

Second.  There is an inherent error in the logic where the drawing algorithm can select "00" but it is not allowed in the number where 1-60 would be valid numbers.


First, our software doesn't transform "g" and subsequent letters, so, in fact, it's an amendment to make to the document.

Second, it is not a logic error, but a need for clarification as we state:

Quote
If one pair results in a number higher than 60 it will be split in two leaving the character on the right side as a number for the following pair along with the split character on the left.

When it should also state that 00 pairs would be split just as numbers higher than 60 would.

Thank you very much for your observation!

Good, looking forward to updated whitepaper.

Second, it is not a logic error, but a need for clarification as we state:

Quote
If one pair results in a number higher than 60 it will be split in two leaving the character on the right side as a number for the following pair along with the split character on the left.

When it should also state that 00 pairs would be split just as numbers higher than 60 would.

This would reduce the chance of 00, but does not eliminate it.

Here is the drawing numbers algorithm:

Set the CurrentDigitPair to end of string -2
clear variable PickNumber[6]
Do for 6 numbers
CurrentNumber = take the right most 2 hexadecimal digit pair from CurrentDigitPair
check for presence of A-F and substitute 0-5
if number is greater than 60
   then
      PickNumber = Prepend 0 + LSD of CurrentNumber
      set CurrentDigitPair to CurrentDigitPair -1
   else
      PickNumber = CurrentNumber
      set CurrentDigitPair to CurrentDigitPair -2
enddo

Here is an example of a transaction hash:
https://blockchain.info/block/000000000000000000450016a722bb867cad73aeb1edaa2187ab989b5863f052

For a discussion of 00, if a byte of hash is 0x00.
Per the whitepaper's description of selecting a number, the algorithm is detailed above and will be followed.
1) take the LS digit pair, 00, as per your description, it will be spit into 2 digits. 0, 0.
2) prepend 0 0 LSD of current number, resulting in a new 00.

So the 00 does not go away with >60 split mechanism.



Are you taking into account the fact that the process is made from right to left?
In your example the drawing outcome would be:

52 - 50 - 3 - 6 - 58 - 1

I listed that as an example of what a transaction hash would look like which is quite different from the example in the  whitepaper.

Now for a "discussion" take a byte of "00" which is certainly possible.  So if we take hash byte of 00, the above logic would take place.  So, the logic in the whitepaper is still incorrect.


I want to point out another issue found in the white paper.

The number distribution is not even.

Because the hexadecimal nibbles (0-f) are mapped over to decimal digit (0-9) decimal digit probabilities are not uniform:
0 = (0, A)/16 = 1/8 = 12.5%
1 = (1, B)/16 = 1/8 = 12.5%
2 = (2, C)/16 = 1/8 = 12.5%
3 = (3, D)/16 = 1/8 = 12.5%
4 = (4, E)/16 = 1/8 = 12.5%
5 = (5, F)/16 = 1/8 = 12.5%
6 = (6)/16 = 1/16 = 6.25%
7 = (7)/16 = 1/16 = 6.25%
8 = (Cool/16 = 1/16 = 6.25%
9 = (9)/16 = 1/16 = 6.25%

So based on current logic, belotto players should avoid digits 6, 7, 8 & 9 to increase their winning chance.
member
Activity: 420
Merit: 10
Playing lottery can be used to be an instant rich man.
Cause when someone wins, the price would be amazing, that sometimes it hard to imagine the amount of it.
copper member
Activity: 17
Merit: 0
I join airdrop and waiting to distribution, but I think this coin not soon be listed on exchange because airdrop will end 1 june. Another day another coin, survival of the fittest.


Our coin will be listed when the Sales are finished  Cheesy

Remember you may take advantage of our referral program by sharing the link you get when registering at belotto.tokennow.io

Good luck to you!

🍀🍀🍀
newbie
Activity: 95
Merit: 0
The network is stable and all pools are running without any problem.
member
Activity: 209
Merit: 10
I join airdrop and waiting to distribution, but I think this coin not soon be listed on exchange because airdrop will end 1 june. Another day another coin, survival of the fittest.
newbie
Activity: 3
Merit: 0
#Proof of authentication
Telegram: @danyP2
Twitter: @prisac25
Facebook: da[Suspicious link removed]isacari.5
newbie
Activity: 65
Merit: 0
Nothing much to see here. I noticed you put the R-sign for your BELOTTO, is that real or you just put it for added marketing credibility? And if it's real, where is did you get that registration? Thanks.

Great question, and we are glad you asked! As you may be aware, many projects will go to any length to add credibility, including implementing  unethical, illegal, and fraudulent marketing tactics. Belotto’s mission is aimed at providing honesty and transparency in all aspects of our company. To answer your question, the answer is yes! It is real and we are fortunate enough to have received the registration in Belize.

Thank you, and make sure you stay up to date with all of our latest news and announcements by following our /2JJhLzO]Medium page and joining our Official Telegram group!

--

Thanks for the reply. Now, the we know that this is really a legit project. What you can do is work on marketing. And because you are running a legal project here, maybe it's not hard to entice investors. And considering it's a lottery project, a lot of people want this kind of source of earnings. Relying on luck!   Grin

Transparency and legitimacy are Belotto`s mottos  Grin
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