Topic: [ANN] 🪙【CoinFlip】 Decentralized Magic Wallet - Smart Contract - Auto payout - page 2. (Read 792 times)

You need to create a video for this, I have a hard time understanding the concept but a graph or better a video on how this thing works will give us a full understanding of the full concept, this is new and interesting I'm not a fan of contract based gambling but I welcome new ideas that deal with contract based gambling, I hope you can come out with a video or better hire a designer to create a flow chart to fully illustrate the whole idea.

Its on mainnet already and accepting players. The addresses in starter post is mainnet. You may let me know, if needed testnet.

I may provide Testnet contract with test transactions to try gameplay. I know that the project is crude right now, that's why I start from smart contract with simple interaction. As described in Roadmap of starter post User Interface will be developed on next stages. I have experience in web development, so will do this by myself, if interest will be on forum.

Regarding audit - Dev fee will be used for next stages developing and grow project, so to buy trusted smart contract auditor service is good proposal. You may propose which is good.

Regarding difficulty - need only three users with 0.1 Matic (sum 0.21$) to start the process and paste here three tx ids, where third withdraw reward to First winner. (Not sure, that is really difficult). Moreover contract will refuse transaction if amount will be more or less than 0.1 Matic, that's why need to send exact amount (Two players should bet same amount).

Seems, I'll create video how to interact on this week.

No website to put landing page for an easy understanding to your work? This is still on testing phase so it’s better if you will still put this topic on project and development since you will still need for testers to try your game instead of releasing it here half baked because you will encounter difficulty here to find user who will send tokens on your smart contract address.

Since this is a smart contract based games. Are you planning to audit your source code to a trusted smart contract auditor?

Since this is still in a testing stage and there is no mainet yet or contract it's better to move this thread in the
Project Developmentwhere it rightly belongs, this is a gambling announcement section and you can only post here if your platform is ready and open to accept players.

Hello. Happy for your reply and interest.
This scheme I can't recognize this as ponzi, because ponzi is endless hierarchy, when people, that comes later will always lose, if not invite someone.
This scheme and result depends on hash of transaction, that ends, when only two persons bet.
Also ponzi scheme guarantees profit when next user comes. In this scheme on of two users will lose.


2nd Winner will receive funds in 5th transaction.

Simple graph in this post
https://bitcointalksearch.org/topic/m.62698515

You need to wait two transactions after yours to get payout, if blockchain choose you as a winner.

In short words in this scheme can play two players never inviting someone else. One player is also possible (in this case dev fee only losed).

The contract source code will 100% be published! The only thing I propose is to make a little stress test before. We can decide with community when exactly its better to do.

0.1Matic to test it - is good enough, I think.
Every second transaction contract should be empty (its NOT accumulates Matic), because its withdraws all balance to winner between two users with fee.

For now I propose to see results on blockchain.

Sounds interesting but works like a Ponzi scheme to me because the prize depends on people coming in, might as well create a graph for this to fully explain if it's not a Ponzi scheme since you already have a Copper account I don't go for contract based without proper auditing I've been victimized by rug pulls and it's possible here if there is no audit of the contract.

First version of smart contract premiered exactly now with this topic on Polygon Network.

Game logic Polygon
Creation of contract for "doubling" revenue of two players with amount of 0.1Matic each
0x7196f59B7A17252524Ebb7C75908E452BFf1500E

First wallet sends exactly 0.1Matic to contract address 0x7196f59B7A17252524Ebb7C75908E452BFf1500E
- in this tx First wallet checks who is winner in previous stage and executes sent withdrawal 0.19Matic to winner

Second wallet sends exactly 0.1Matic to contract address 0x7196f59B7A17252524Ebb7C75908E452BFf1500E
- in this Second wallet transaction from block timestamp and 9 hashes generates Combo Number, that is written to a smart contract
   from this block gets timestamp and from it chooses 9 "random" hashes in blockchain and generates Combo Numer if it ends with one of this "even" numbers "02468" - Chosen Winner is First Wallet, previous
   if this comboNumer ends with one of this "odd" numbers "13579" - Chosen Winner is Second Wallet, this
- in this tx dev fee in amount 0.01Matic executes

You need to wait two transactions after yours to get payout, if blockchain choose you as a winner...


Game logic BSC Network
Creation of contract for "doubling" revenue of two players with amount of 0.01BNB each
0x8af75e8DE6c766a934871c6ec0733d262fE08089

First wallet sends exactly 0.01BNB to contract address 0x8af75e8DE6c766a934871c6ec0733d262fE08089
- in this tx First wallet checks who is winner in previous stage and executes sent withdrawal 0.19Matic to winner

Second wallet sends exactly 0.01BNB to contract address 0x8af75e8DE6c766a934871c6ec0733d262fE08089
- in this tx Second wallet transaction block timestamp writen to a smart contract
   from this block gets timestamp and from it chooses 9 "random" hashes in blockchain and generates Combo Numer if it ends with one of this "even" numbers "02468" - Chosen Winner is First Wallet, previous
   if this comboNumer ends with one of this "odd" numbers "13579" - Chosen Winner is Second Wallet, this
- in this tx dev fee in amount 0.001BNB executes

Watch video, how this logic works https://y0u.tube/watch?v=sGHf_w5Dhmk

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First two pairs of transactions will looks like these, and so on:

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First stage
Seed. First version of Smart Contract published on Polygon Network with 0.1Matic entrance

Second stage
Growing. If interest to this topic will be enough, we publish contract source code on all Networks and on GitHub and will create other Smart Contracts with higher amounts and on other networks (BSC, Fantom, Optimistic, Linea, Ethereum)

Third stage
Stress test. On this stage we can pay for audit services from Dev Fees.

Fourth stage
Next, updated version of contract developed, created UI (User Interface for web and possible to mobile devices)

Bounty with signature campaign here - https://bitcointalksearch.org/topic/bounty-coinflipsignature-campaign-daily-payout-5463217
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Will be appreciated for collaboration, advice's, help in promotion, etc.