Hello sir its still your site is active or not.. im always error to get in to your site. always Problem loading then unable to connect? Or this is maintenance?
Works for me, must be you. 
Topic: [ANN] BIT-POT.com - NEW BITCOIN GAMBLING - page 6. (Read 5709 times)
Hello sir its still your site is active or not.. im always error to get in to your site. always Problem loading then unable to connect? Or this is maintenance?
Definitely you found something we did not count with.
Is really that easy to setup the miner for finding blocks with fixed number of txs... can't this affect the miner effectivity ..?
It is quite easy. It really only needs a slight code change to make blocks with a fixed number of transactions. This doesn't affect their profits since they can set something high enough to collect a lot of fees, and at this time, the fees are pretty much negligible anyways.Is really that easy to setup the miner for finding blocks with fixed number of txs... can't this affect the miner effectivity ..?
Thanks, then we can made it a bit harder by changing the rules .... guess the nb of txs in block above the one your bet tx is included ... could this help?
Thats at least a race, wich they might lose. Id call it an improvement over a sure way to win, even if its only possible for a small group.
Definitely you found something we did not count with.
Is really that easy to setup the miner for finding blocks with fixed number of txs... can't this affect the miner effectivity ..?
It is quite easy. It really only needs a slight code change to make blocks with a fixed number of transactions. This doesn't affect their profits since they can set something high enough to collect a lot of fees, and at this time, the fees are pretty much negligible anyways.Is really that easy to setup the miner for finding blocks with fixed number of txs... can't this affect the miner effectivity ..?
Thanks, then we can made it a bit harder by changing the rules .... guess the nb of txs in block above the one your bet tx is included ... could this help?
Definitely you found something we did not count with.
Is really that easy to setup the miner for finding blocks with fixed number of txs... can't this affect the miner effectivity ..?
It is quite easy. It really only needs a slight code change to make blocks with a fixed number of transactions. This doesn't affect their profits since they can set something high enough to collect a lot of fees, and at this time, the fees are pretty much negligible anyways.Is really that easy to setup the miner for finding blocks with fixed number of txs... can't this affect the miner effectivity ..?
Thanks, then we can made it a bit harder by changing the rules .... guess the nb of txs in block above the one your bet tx is included ... could this help?
Definitely you found something we did not count with.
Is really that easy to setup the miner for finding blocks with fixed number of txs... can't this affect the miner effectivity ..?
It is quite easy. It really only needs a slight code change to make blocks with a fixed number of transactions. This doesn't affect their profits since they can set something high enough to collect a lot of fees, and at this time, the fees are pretty much negligible anyways. Is really that easy to setup the miner for finding blocks with fixed number of txs... can't this affect the miner effectivity ..?
To be honest, I cant see the way a miner can cheat. They would have to cheat the blockchain itself.
A miner would cheat by submitting a tip for x transactions. Then he would take the transaction associated with the tip and include that in a block that also has x transactions total. Then he wins.to clarify: we count with transactions already included in blocks (min. 1 conf)
But when the particular miner is able to mine a valid block with X BLOCKtxs while his BETtx is linked to winning TIP then you are correct. He wins ... & this pot can turn into battle of miners.
There is no need for a battle. Miners would not broadcast the TX. If they find the block they include the TX with the exact number of other TX require to win. If another miner finds the block they let your time limit pass. They can even fill the block with the needed TX in order to reach the number of the tip. A mining pool can only win playing your game while everyone else can do nothing about it.
Definitely you found something we did not count with.
Is really that easy to setup the miner for finding blocks with fixed number of txs... can't this affect the miner effectivity ..?
To be honest, I cant see the way a miner can cheat. They would have to cheat the blockchain itself.
A miner would cheat by submitting a tip for x transactions. Then he would take the transaction associated with the tip and include that in a block that also has x transactions total. Then he wins.to clarify: we count with transactions already included in blocks (min. 1 conf)
But when the particular miner is able to mine a valid block with X BLOCKtxs while his BETtx is linked to winning TIP then you are correct. He wins ... & this pot can turn into battle of miners.
There is no need for a battle. Miners would not broadcast the TX. If they find the block they include the TX with the exact number of other TX require to win. If another miner finds the block they let your time limit pass. They can even fill the block with the needed TX in order to reach the number of the tip. A mining pool can only win playing your game while everyone else can do nothing about it.
To be honest, I cant see the way a miner can cheat. They would have to cheat the blockchain itself.
A miner would cheat by submitting a tip for x transactions. Then he would take the transaction associated with the tip and include that in a block that also has x transactions total. Then he wins.to clarify: we count with transactions already included in blocks (min. 1 conf)
But when the particular miner is able to mine a valid block with X BLOCKtxs while his BETtx is linked to winning TIP then you are correct. He wins ... & this pot can turn into battle of miners.
To be honest, I cant see the way a miner can cheat. They would have to cheat the blockchain itself.
A miner would cheat by submitting a tip for x transactions. Then he would take the transaction associated with the tip and include that in a block that also has x transactions total. Then he wins.C- Sorry but I don't understand the question. Several what?
Our system is checking the ALL INCOMING TXS and separate VALID BETS from DONATIONS (small bets or transactions without TIP) and all winning BTC addresses cumulates the winnings until payout (twice a week)
Our system is checking the ALL INCOMING TXS and separate VALID BETS from DONATIONS (small bets or transactions without TIP) and all winning BTC addresses cumulates the winnings until payout (twice a week)
A TX can have several inputs, how do you select the address for payout in these cases?
NO ... It can, but this is also evaluated backwards (the last eveluated block is always few blocks benind the current one )
What do you mean by evaluated backwards?From what I understand, if I mine a block with 200 transactions and I submit a guess for 200 transactions and the transaction that goes with the guess is one of the transactions in the block I mined, then I win. But if the transaction isn't in my block of 200 transactions and instead it goes into someone else's block with 300 transactions, then I lose. Yes? If that is the case, then miners can cheat.
QUOTE: It looks like you need to enter your address in order to play and guess. The guess is only valid if they see that address in a transaction which spends to their address.
EXACTLY, you first need to provide your BTC ADDRESS and TIP, then you can make a VALID BET by sending BTC.
QUOTE:What do you mean by evaluated backwards?
Evaluated backwards means e.g. the actual blockchain-block is 378 050 but our last winners are from tx made in block 378 040.
QUOTE:From what I understand, if I mine a block with 200 transactions and I submit a guess for 200 transactions and the transaction that goes with the guess is one of the transactions in the block I mined, then I win. But if the transaction isn't in my block of 200 transactions and instead it goes into someone else's block with 300 transactions, then I lose. Yes? If that is the case, then miners can cheat.
Hmm ... Yes, you loose. The key is what block-chain says.
In principle we link the USER ADDRESS with the TIP (both has to be provided via out input form) , then ( if user pays within limit 2 hours ) his TIP is linked with transaction and after few blocks is evaluated.
To be honest, I cant see the way a miner can cheat. They would have to cheat the blockchain itself.
C- Sorry but I don't understand the question. Several what?
Our system is checking the ALL INCOMING TXS and separate VALID BETS from DONATIONS (small bets or transactions without TIP) and all winning BTC addresses cumulates the winnings until payout (twice a week)
Our system is checking the ALL INCOMING TXS and separate VALID BETS from DONATIONS (small bets or transactions without TIP) and all winning BTC addresses cumulates the winnings until payout (twice a week)
A TX can have several inputs, how do you select the address for payout in these cases?
NO ... It can, but this is also evaluated backwards (the last eveluated block is always few blocks benind the current one )
What do you mean by evaluated backwards?From what I understand, if I mine a block with 200 transactions and I submit a guess for 200 transactions and the transaction that goes with the guess is one of the transactions in the block I mined, then I win. But if the transaction isn't in my block of 200 transactions and instead it goes into someone else's block with 300 transactions, then I lose. Yes? If that is the case, then miners can cheat.
-snip-
B- We calculate with real blockchain data and evaluation runs always few blocks back. This is why it takes so long before the winner is announced.
B- We calculate with real blockchain data and evaluation runs always few blocks back. This is why it takes so long before the winner is announced.
So the TX for the bet can not be in the block its betting on?
C- Sorry but I don't understand the question. Several what?
Our system is checking the ALL INCOMING TXS and separate VALID BETS from DONATIONS (small bets or transactions without TIP) and all winning BTC addresses cumulates the winnings until payout (twice a week)
Our system is checking the ALL INCOMING TXS and separate VALID BETS from DONATIONS (small bets or transactions without TIP) and all winning BTC addresses cumulates the winnings until payout (twice a week)
A TX can have several inputs, how do you select the address for payout in these cases?
NO ... It can, but this is also evaluated backwards (the last eveluated block is always few blocks benind the current one )
Our system reads through all txs inputs, and if one of these addresses is found in our TIP DTB is marked as PENDING BET which is waiting for another confirmations.
-snip-
B- We calculate with real blockchain data and evaluation runs always few blocks back. This is why it takes so long before the winner is announced.
B- We calculate with real blockchain data and evaluation runs always few blocks back. This is why it takes so long before the winner is announced.
So the TX for the bet can not be in the block its betting on?
C- Sorry but I don't understand the question. Several what?
Our system is checking the ALL INCOMING TXS and separate VALID BETS from DONATIONS (small bets or transactions without TIP) and all winning BTC addresses cumulates the winnings until payout (twice a week)
Our system is checking the ALL INCOMING TXS and separate VALID BETS from DONATIONS (small bets or transactions without TIP) and all winning BTC addresses cumulates the winnings until payout (twice a week)
A TX can have several inputs, how do you select the address for payout in these cases?
-snip-
So how do you select the winner?
This is stated within our website. So how do you select the winner?
Yeah I couldnt check its hardly working without javascript.
The WINNER evaluation variates with POT GAMEs
The specific POT01 (we can offer now) - evaluates a number of transactions (NoBT) in every Block and search for valid bets in our database.
If our DTB contains a valid BET with TIP equal to NoBT ... we have a winner
To give an EXAMPLE CASE
I've made a bet you can check:
MY BET ADDY WAS: 16WF4X3RnzRT5yLu5m2iLjvoJGgs3ZmuZz
TX HASH: 43bbf332c391eb440da2c9a41dd2a3e3a5f9c02912c7192de76fb489beeea7a1
MY TIP was: 618 (tx in block)
my BET transaction is included in block 380518 which has 1646 (tx included) ... thus I loose
but I'have send 0.003 BTC which makes my TIP valid for next 2 blocks .. which I had lost as well
-B- The specific POT01 (we can offer now) - evaluates a number of transactions (NoBT) in every Block and search for valid bets in our database.
If our DTB contains a valid BET with TIP equal to NoBT ... we have a winner
To give an EXAMPLE CASE
I've made a bet you can check:
MY BET ADDY WAS: 16WF4X3RnzRT5yLu5m2iLjvoJGgs3ZmuZz
TX HASH: 43bbf332c391eb440da2c9a41dd2a3e3a5f9c02912c7192de76fb489beeea7a1
MY TIP was: 618 (tx in block)
my BET transaction is included in block 380518 which has 1646 (tx included) ... thus I loose
but I'have send 0.003 BTC which makes my TIP valid for next 2 blocks .. which I had lost as well
Thanks for the explanation, but that method leaves you vulnerable to attacks by mining pools.
-snip-
Hi MonsterV, I have to disappoint you ....We always send the winnings back to BET ADDRESS.
-snip-
-C- Hi MonsterV, I have to disappoint you ....We always send the winnings back to BET ADDRESS.
-snip-
How do you pick if there are several?
A- This must be caused by startbootstrap-grayscale design we use.
B- We calculate with real blockchain data and evaluation runs always few blocks back. This is why it takes so long before the winner is announced.
C- Sorry but I don't understand the question. Several what?
Our system is checking the ALL INCOMING TXS and separate VALID BETS from DONATIONS (small bets or transactions without TIP) and all winning BTC addresses cumulates the winnings until payout (twice a week)
This is really hard to guess.
There will be over 5000+ different choices and most of them won't win.
Do you consider making it 10x or 100x choices?
For instance I want to bet between 100-200 tx'es etc. (This way it'll be more fun).
There will be over 5000+ different choices and most of them won't win.
Do you consider making it 10x or 100x choices?
For instance I want to bet between 100-200 tx'es etc. (This way it'll be more fun).
Understand, it's hard to guess. But when you hit the correct number you win a nice reward (currently only 0.023 BTC .. but thats just start)
and Your idea about making it 10x or 100x choices sounds good. Amother item for our to-do-list.
thanks
Hello BIT-POT I am interested to try but I want to ask
Can I send bets on other bitcoin addresses and get paid with a different address ?
such directbet bitcoin deposits with different addresses and get paid with the address which specify the player
Hi MonsterV, I have to disappoint you ....We always send the winnings back to BET ADDRESS. Can I send bets on other bitcoin addresses and get paid with a different address ?
such directbet bitcoin deposits with different addresses and get paid with the address which specify the player
Nevertheless, We'll put this feature in our to-do-list.
Thanks
hmmm ok no problem
i am user coinbase, I found one transaction of coinbase when sending a payment, the sender's address is not from my address but from another address, I was worried it would be problematic.
I hope that this feature is available on your website
This is really hard to guess.
There will be over 5000+ different choices and most of them won't win.
Do you consider making it 10x or 100x choices?
For instance I want to bet between 100-200 tx'es etc. (This way it'll be more fun).
There will be over 5000+ different choices and most of them won't win.
Do you consider making it 10x or 100x choices?
For instance I want to bet between 100-200 tx'es etc. (This way it'll be more fun).
-snip-
So how do you select the winner?
This is stated within our website. So how do you select the winner?
Yeah I couldnt check its hardly working without javascript.
The WINNER evaluation variates with POT GAMEs
The specific POT01 (we can offer now) - evaluates a number of transactions (NoBT) in every Block and search for valid bets in our database.
If our DTB contains a valid BET with TIP equal to NoBT ... we have a winner
To give an EXAMPLE CASE
I've made a bet you can check:
MY BET ADDY WAS: 16WF4X3RnzRT5yLu5m2iLjvoJGgs3ZmuZz
TX HASH: 43bbf332c391eb440da2c9a41dd2a3e3a5f9c02912c7192de76fb489beeea7a1
MY TIP was: 618 (tx in block)
my BET transaction is included in block 380518 which has 1646 (tx included) ... thus I loose
but I'have send 0.003 BTC which makes my TIP valid for next 2 blocks .. which I had lost as well
The specific POT01 (we can offer now) - evaluates a number of transactions (NoBT) in every Block and search for valid bets in our database.
If our DTB contains a valid BET with TIP equal to NoBT ... we have a winner
To give an EXAMPLE CASE
I've made a bet you can check:
MY BET ADDY WAS: 16WF4X3RnzRT5yLu5m2iLjvoJGgs3ZmuZz
TX HASH: 43bbf332c391eb440da2c9a41dd2a3e3a5f9c02912c7192de76fb489beeea7a1
MY TIP was: 618 (tx in block)
my BET transaction is included in block 380518 which has 1646 (tx included) ... thus I loose
but I'have send 0.003 BTC which makes my TIP valid for next 2 blocks .. which I had lost as well
Thanks for the explanation, but that method leaves you vulnerable to attacks by mining pools.
-snip-
Hi MonsterV, I have to disappoint you ....We always send the winnings back to BET ADDRESS.
-snip-
Hi MonsterV, I have to disappoint you ....We always send the winnings back to BET ADDRESS.
-snip-
How do you pick if there are several?
Hello BIT-POT I am interested to try but I want to ask
Can I send bets on other bitcoin addresses and get paid with a different address ?
such directbet bitcoin deposits with different addresses and get paid with the address which specify the player
Hi MonsterV, I have to disappoint you ....We always send the winnings back to BET ADDRESS. Can I send bets on other bitcoin addresses and get paid with a different address ?
such directbet bitcoin deposits with different addresses and get paid with the address which specify the player
Nevertheless, We'll put this feature in our to-do-list.
Thanks
Hello BIT-POT I am interested to try but I want to ask
Can I send bets on other bitcoin addresses and get paid with a different address ?
such directbet bitcoin deposits with different addresses and get paid with the address which specify the player
Can I send bets on other bitcoin addresses and get paid with a different address ?
such directbet bitcoin deposits with different addresses and get paid with the address which specify the player
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