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Topic: [ANN][CHA] Chancecoin, SuperNET core coin for betting in a decentralized casino - page 24. (Read 146142 times)

newbie
Activity: 50
Merit: 0
http://newsbtc.com/2014/06/23/just-dice-doge-dice-get-betting-depositing-disabled/

Perfect reason to choose decentralized betting....cant be closed.
Competitors just vanished !

These are big news indeed - on the same level as the btct.co shutdown started the distributed exchange (dex) race we seen now with all the 2nd gen crypto.

Cha has a good chance here to be the lead in distributed betting (dbet?).

This should be great for decentralized gambling. We'll look for ways to market Chancecoin from this angle.
newbie
Activity: 41
Merit: 0
hello Devs,
I am an early IPO investor who burned CHA through BTC. However, my CHA wallet is just able to be synced today. And now, I want to get back my CHA. Can you tell me how to get it?

Try importing the private key into the Chancecoin wallet.

Hi Coindacioius,
I have the same issue as yidian. How do I get the private key from bitcoin wallet? Could you give me some hints?

Thank you
hero member
Activity: 756
Merit: 502
http://newsbtc.com/2014/06/23/just-dice-doge-dice-get-betting-depositing-disabled/

Perfect reason to choose decentralized betting....cant be closed.
Competitors just vanished !

These are big news indeed - on the same level as the btct.co shutdown started the distributed exchange (dex) race we seen now with all the 2nd gen crypto.

Cha has a good chance here to be the lead in distributed betting (dbet?).
hero member
Activity: 689
Merit: 507
http://newsbtc.com/2014/06/23/just-dice-doge-dice-get-betting-depositing-disabled/

Perfect reason to choose decentralized betting....cant be closed.
Competitors just vanished !

legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
Did the development team abandoned Chancecoin?

There are no innovations or developments, which lead to zero trading volume

The developer posted 4 posts before your post?!?

There is plenty of innovation...
member
Activity: 69
Merit: 10
Did the development team abandoned Chancecoin?

There are no innovations or developments, which lead to zero trading volume
member
Activity: 98
Merit: 10
hello Devs,
I am an early IPO investor who burned CHA through BTC. However, my CHA wallet is just able to be synced today. And now, I want to get back my CHA. Can you tell me how to get it?

Try importing the private key into the Chancecoin wallet.
legendary
Activity: 2156
Merit: 1131
hello Devs,
I am an early IPO investor who burned CHA through BTC. However, my CHA wallet is just able to be synced today. And now, I want to get back my CHA. Can you tell me how to get it?

You can move your CHA without a wallet.
You need to make the wallet work.
Read the thread, there is probably the solution.
newbie
Activity: 36
Merit: 0
hello Devs,
I am an early IPO investor who burned CHA through BTC. However, my CHA wallet is just able to be synced today. And now, I want to get back my CHA. Can you tell me how to get it?
member
Activity: 113
Merit: 10
Chancecoin developer
I'm having trouble downloading the Chancecoin wallet for Windows. Is this related to the ongoing maintenance? Thanks.

Unrelated. At least on my side everything is fully synced again and working.


Edit: speaking of lower costs:

Quote
Fee: RoundUp(tx size / 1000 byte) * 0.0001, so usually 0.0001 BTC

Minimum output amounts: 3 * (148 + output size) * 0.00000001, that is:

Pay-to-pubkey-hash (34 byte): 0.00000546 BTC
Multisig, two compressed public keys (80 byte): 0.00000684 BTC
Multisig, one compressed, one uncompressed public key (112 byte): 0.00000780 BTC
Multisig, three compressed public keys (114 byte): 0.00000786 BTC
Multisig, one uncompressed, two compressed public keys (146 byte): 0.00000882 BTC

Output amounts are x 10 for < v0.9, so 0.0000546 BTC for standard outputs
and 0.0000684-0.0000882 BTC for data outputs. [thread]

Since CHA appears to use 1-of-2 multisig outputs to transport data, you can safely reduce the output value from 0.0001086 BTC to 0.0000780 BTC (worst case: 1x uncompressed, 1x compressed pubkey) which is fully accepted by nodes even before v0.9. You may also use n-of-3 multisig outputs to have two data packages within one output.

That is a very good suggestion. That will definitely make it into the next version.

Magician
legendary
Activity: 1106
Merit: 1026
I'm having trouble downloading the Chancecoin wallet for Windows. Is this related to the ongoing maintenance? Thanks.

Unrelated. At least on my side everything is fully synced again and working.


Edit: speaking of lower costs:

Quote
Fee: RoundUp(tx size / 1000 byte) * 0.0001, so usually 0.0001 BTC

Minimum output amounts: 3 * (148 + output size) * 0.00000001, that is:

Pay-to-pubkey-hash (34 byte): 0.00000546 BTC
Multisig, two compressed public keys (80 byte): 0.00000684 BTC
Multisig, one compressed, one uncompressed public key (112 byte): 0.00000780 BTC
Multisig, three compressed public keys (114 byte): 0.00000786 BTC
Multisig, one uncompressed, two compressed public keys (146 byte): 0.00000882 BTC

Output amounts are x 10 for < v0.9, so 0.0000546 BTC for standard outputs
and 0.0000684-0.0000882 BTC for data outputs. [thread]

Since CHA appears to use 1-of-2 multisig outputs to transport data, you can safely reduce the output value from 0.0001086 BTC to 0.0000780 BTC (worst case: 1x uncompressed, 1x compressed pubkey) which is fully accepted by nodes even before v0.9. You may also use n-of-3 multisig outputs to have two data packages within one output.
full member
Activity: 145
Merit: 100
Hey guys,

in the case Chancecoin seems to be broken at the very moment - it's my fault. Unexpected maintenance on the server which CHA uses for a subset of all blockchain related queries. This may affect unspent outputs and balances.

I expect it to be finished in about 6-8 hours.

I'm having trouble downloading the Chancecoin wallet for Windows. Is this related to the ongoing maintenance? Thanks.
legendary
Activity: 882
Merit: 1002
@Magician and Venetian

You should check this bounty: http://aleph.vc/thoughts/
"offer entrepreneurs the opportunity to receive $50,000 from Aleph as an uncapped, no discount, convertible note."

Bounty Requirements:

Lowest effective per transaction fee. Measured by running a transactions log through the solution. A training transaction log will be provided in the coming weeks. Note that we do not ask for a minimal guarantee on a single transaction basis, but rather, on the lowest effective per transaction fee across many transactions and long timeframes.
Eventual Blockchain consistency. All transactions must be signed on the Blockchain within 168 hours of execution.
Functional. We are looking for a functional system, even in MVP stage, that can be integrated, e.g. as the currency backend for the Aleph Karma system.
Practical. The suggested system should be judged by us to be practical for use by the community and realistic, with the potential to form the foundation of a real service and company.
The submission deadline for intent to participate will be July 15th, 2014. The final submission of solution should be done in the form of a github repository url, by September 24th, 2014.

I think you all ready solved this problem:

The biggest change in this version is a complete overhaul of the transaction system. Loading a private key used to take a while, but it's fast now. As soon as you load a private key, you'll see your CHA balance and BTC balance as usual (if this didn't work for you before, you should try again). If you click your BTC balance, you'll see a list of unspent outputs that Chancecoin sees as being available for spending. You may recall that every Chancecoin transaction costs some BTC. For example, see this one. Those 0.0001086 BTC multisig outputs are what many of you were complaining about as "betting fees." With the new transaction system, Chancecoin will automatically reuse those outputs and credit them back to you (for example, see this transaction). This means that effectively, the only fee for a Chancecoin transaction is the standard 0.0001 BTC fee. We think this is a major win.
member
Activity: 113
Merit: 10
Chancecoin developer
Sure! But as mentioned.. it was "unexpected". Smiley

For what it's worth: you probably can't place "panic bets", it's rather that your balance may appear to be zero during this time. ~1 hour left.

Confirmed: the CHA wallet will just show 0 for the BTC balance, and it will be impossible to create a transaction since the wallet can't see any unspent outputs.

dexX7 runs an awesome API. Thanks, dexX7, for running such a great service and responding so quickly to resolve the downtime.

Magician
sr. member
Activity: 318
Merit: 250
why the price break?
so good coin.
legendary
Activity: 1106
Merit: 1026
Sure! But as mentioned.. it was "unexpected". Smiley

For what it's worth: you probably can't place "panic bets", it's rather that your balance may appear to be zero during this time. ~1 hour left.
newbie
Activity: 36
Merit: 0
Hey guys,

in the case Chancecoin seems to be broken at the very moment - it's my fault. Unexpected maintenance on the server which CHA uses for a subset of all blockchain related queries. This may affect unspent outputs and balances.

I expect it to be finished in about 6-8 hours.
Would you notify us before the change in advance so that we wont panic and wont do any bet for this change.
legendary
Activity: 1106
Merit: 1026
Hey guys,

in the case Chancecoin seems to be broken at the very moment - it's my fault. Unexpected maintenance on the server which CHA uses for a subset of all blockchain related queries. This may affect unspent outputs and balances.

I expect it to be finished in about 6-8 hours.
legendary
Activity: 882
Merit: 1002
satoshi dice = onblockchain
prime dice = offblockchain

didn't know that.
now I understand why primedice is so successful.

Let's talk more in depth about where we can make Chancecoin transactions faster. When you place a bet, the first thing that happens is it goes into "pending" state, which means that you've sent the transaction successfully, but it hasn't been confirmed yet in the Bitcoin blockchain. It takes an average of 10 minutes for a transaction to be confirmed by the Bitcoin blockchain. It's possible for us to use an alternate Blockchain (such as Dogecoin or NXT) for betting transactions in order to speed up this part of the process. One possible drawback is that Chancecoin users would need to have Dogecoin or NXT funds available in order to take advantage of such a feature.

I think this will be a major improvement to chancecoin and a smart PR move.

we need chancecoin bets to be confirmed and resolved as fast as possible.
preferably in 1 min or below if chancecoin wants to compete with the leaders.

legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
satoshi dice = onblockchain
prime dice = offblockchain
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