Topic: [ANN] Billionaire Token - Games on the Blockchain! 🔥 Deflationary Algorithm - page 23. (Read 70870 times)

The drop is typical of the alt coin market, except for some TA and fundamentals news drivers are pulling the market along.  XBL is a strong and solid project.  A  software developer for Billionaire Token is at Devcon3.  Active development is the name of the game here.  And we got it.

Updated Raffle code on GitHub: https://raw.githubusercontent.com/BillionaireToken/TokenCore/master/Raffle.sol


This is an attempt to fix the "out of gas" problem we have encountered with iteration #2 of the test Raffle.

We expect the third iteration to be on-line on Kovan this weekend.

Buy high sell low eh ?

why this token is always dropping ? Maybe I'll invest 10 K if this reach 1 usd ..

Thanks the transparency regarding the issues and great to hear you have solutions underway to resolve them. Keep up the great work.

The upcoming Plasma update should fix this issue: http://www.investopedia.com/news/what-plasma-and-how-will-it-strengthen-ethereum-blockchain/

The issue is not really important, though, because we can make it work by changing our code


I did post the last iteration Raffle results and the winners, but you went ahead and asked that question without actually reading the thread and our twitter releases. Same thing with information about the team.
If you're too lazy, here's the previous Raffle address: https://kovan.etherscan.io/address/0x9b53a9d9026431267c58dc2ffe2f10c31d9492b6



We had the ticket price be exactly 10 XBL satoshi, in the second test it was set to 10 XBL. This is why you're seeing fractions being sent out instead of whole numbers.

It isn't Gluedog and the teams fault that ETH is so sluggish. They didn't failed. ETH did. From now on, the XBL community needs to have patience with the devs as they come up with a temporary solution to this problem. I wonder if the ETH devs can fix the network.

Well shit.  At least you are letting community know.  These things take time.  I'm not a dev, but i can appreciate the conclusion that the ETH network will not be able to handle large DAPPS.  This is actually very interesting to me.  I am sure that there will be some sort of finesse to be done.

Just keep plugging away at it.  All eyes are focused on btc right now. 

Most coins have taken huge hits.  The difference here is that Gluedog is transparent about what is going on.  I've been involved in this project since the very beginning, and it isn't going anywhere.

It really is a stupid question, isn't it ?
Do you want to rephrase and ask again ?

Indeed. ETH can't handle a simple array iteration loop. Somehow it managed to achieve 30bi+ in market cap, I just wonder how much more this will last...

I flipped all my ETH to EOS and it would be a great move for XBL, glue!

Cheers

Hey guys!

So apparently ETH can only handle so many computations in a single transaction.

The first iteration of the test Raffle was a success, we had three winners.
The second iteration (this one that we're on right now) however, we've had a few more tickets registered and a few more unique players and:



Having to trigger the Raffle Reset function, we sent the maximum allowable gas for a block and we still encountered the out of gas error.
A simple computation, that your laptop can do in under 0.5 seconds, the ETH network can not handle due to its sluggish nature.

This being said however, I already have some ideas on how to get a working version of the Raffle:

We can optimize the Raffle code, to loop more efficiently and thus take less processing time, but that still won't give us an unlimited number of players, the ETH Network will still have its limits.
After optimizing the Raffle we could go even further and split the winner selection loops into three separate transactions. And then ultimately, we can just have the Raffle auto reset itself after a certain number of tickets have been registered, making sure that we are never in any danger of having the Raffle stuck like we have here. This will increase the player&ticket limit, while ensuring that the Raffle Reset transaction will never run out of gas.

Now... The Raffle will work after a few little programming tricks and everyone will be happy, but I think we have to understand that ultimately, the underlying problem here is that the Ethereum Network is way too slow to have any real large scale DAPPS built on it.

This is one of the key reasons I am such a big advocate for moving over all of our infrastructure to a new, faster Decentralized Application Blockchain - like EOS.
If EOS delivers what is in their roadmap, then problems like these will be a thing of the past. We'll be talking about this like we are talking right now about ancient slow PCs ("Remember when they had a 2 MB Hard Drive the size of a truck back in the day?" - this is Ethereum in its current state a little bit further down the road).

I am also wondering... shouldn‘t it be the great advantage of the smart contract that all payouts are done automatically?

Or is that because of it‘s still a test? Can you give us an update gluedog pls?

Have to mention that I am very positive on the whole project, a lot of people were involved in these 2 test raffles...

Where are the results now ?

Hey dev, interested in buying some XBL but I have to ask...

Why has no one offered blackjack with crypto?!?!?! It's my favorite game, I play on my phone daily and think the first team to integrate this into their project will have some positive traction.  Is this possible?  Looking forward to playing the raffle...

Aye, exciting!  Pretty cool guys. 

And who says you can't feel like a Billionaire?  Well, maybe not exactly, but there are times in my life when I felt like a million bucks.  So why not feel like a Billion?

Good luck on the continued development of this project.  I'll keep on supporting it.

Around 7 hours to go until the first testnet Raffle winners are decided

Who will become a Billionaire today ?

Well it's a figure of speech, being a Billionaire.

You are a Billionaire because you own Billionaire Tokens.
And... who knows, if you have enough of these you might just also be a real-life Billionaire!
Maybe you'll win the Raffle many times in a row, who knows?! Only time can tell what the future has in store for us, but I am pretty bullish on XBL.

However, I am biased, you should do your own research before deciding to buy or not.

Is your token really so profitable?

We now have a countdown timer on our main website that counts the time until our new website deployment.
https://BillionaireToken.com



It will be pretty nice

There was a separate Bounty thread some time ago, but that was before XBL was listed on an exchange.  You came a bit late to the party    It ended in August.  https://bitcointalksearch.org/topic/billionaire-token-low-supply-raffles-poker-games-burn-coins-bounties-2067236

This is a coin with active development and a future though, so, you could still get in if you wanted to.