Topic: [ANN][CHA] Chancecoin, SuperNET core coin for betting in a decentralized casino - page 36. (Read 146142 times)

I think we just use CHA should be fine as it's the name that I have heard for Chancecoin long time ago.

I never asked if it mattered. I asked a simple question that has now been dodged by not one, but two people now. That alone tells me the answer. I am just a confused trader that was looking at ticker symbols thinking it was the same coin.

I am well aware that some tickers are not copyrighted (and if they were I am certain it would not be known bc the simple act of looking to see if the ticker wanted was already in use had already been overlooked), but what fool would try to use the ticker "btc" for example? or any that is already in use, for that matter. It just works against the coin if that ticker is listed on an exchange as a different coin before you show up with yours. I could come very close to copying your exact username on this forum, but that would be ignorant.

I thought one of the main points of cryptos was being frictionless?

No it doesn't matter. There is no copyright on cryptocurrency name.
There is many cryptos with the same name. You only remember the most important one.
In this case, CHA=chancecoin.

and
CHA=CharityCoin

The question is, who used it first?

CHA=chancecoin

So who was using CHA first?
ChanceCoin? or CharityCoin?
 

Hello,

I'm a crypto lurker but saw Chance Coin on Hacker News last week and out of curiosity I'm using it and would like to provide some feedback.

Unfortunately I'm experiencing a number of issues that I would like to share.
Where is the best place to report them? 
Not all of them are bugs that I can replicate consistently yet, or are user/useability issues.

I'm running the Java client on Win7 and OSX-Mavericks.

Examples of some of the issues.
- Decentralized Exchange, sometimes my bids do not show in the order book, possibly how I format my input values?
- Decentralized Exchange, long lag time for my orders to show sometimes, 10-15mins.
- Casino, if you refresh the page after placing a bet, it will place the bet again, it appears neither bet will officially go through but they sit on the book until they time out.
- Casino, huge wait times, I have a bet in Pending for 16+ hours now, other bets took approx 4 hours to process, is this normal, what is expected?
- Casino to Wallet when clicking on a Source Address in Casino, I have noticed the CHA balance is different between what the owner sees and what another user sees (in my case an increased amount).
- Wallet, it would be great to know what amount is in escrow
- Wallet, it would be great to see a transaction history for my CHA and BTC balance

Some help text would be useful in some areas on the site, examples on how to use a feature, expected input/output, wait times.
Notes on where fees would be applied to transactions.

In my Wallet, can I send my BTC out to another address? 
Looking at the UI it is suggesting it will send my CHA, and what address am I sending it to? A BTC address?


Thank you for taking the time to review these points and send me in the right direction.

Also, I think it's more important to attract more people to involve in CHA in this stage.

1. Yahoo doesn't provide such a stream, gambling sites do. I don't trust those sites.
2. You can place multiple bets, can't you? If you place 10000 bets with ridiculous payoffs, then you can win millions of CHA. Do the math.

What I'm trying to say is, no Yahoo employee will risk losing his job to win maybe 5000 USD on a bet (assuming 1% maximum bet at 500k USD market cap). This will become relevant if the market cap climbs, though.

Wait. for the new function of CHA!

Show me a datastream that no single person can manipulate that offers relatively correct odds for sporting events? What I'm saying is that sites that offer gambling rely on mediating. A single person there can fuck with the API stream and place bets. That wouldn't be expensive..

not 100% but 99%. Or to put it differently, it would be so expensive and difficult to do that it would only make sense if the market cap of CHA is 10 billion US, but then the developer can still change the data source when that happens

You might think that, but you can't make it 100% sure that those result streams from those websites can't be manipulated.

If these functonalities get implemented, where it isn't 100% tamper proof, I will sell all my CHA.

All these depend on the data from authoritative website such as Yahoo whatever the data wrong or right.Set up the rule,no one will complain even sometimes the data is wrong.

Dec+c is ok, but not in this situation. How are wrong payouts handled? How are refunds handled? How are wrong odds handled? How are manipulation of the odds feed handled? There are tons of problems. Also please show me a single provide of gambling odds that is as trustworthy as the NY lottery?

It can be centralized somewhere. Why not? What is more important? Attractive and easily used and clear functions.

Decentralization+centralization is better sometimes.It will have advantages of both.

The system must be 100% un-exploitable and trust-less. So the only way would be a system like betfair or http://bitbet.us/. Those systems are pretty solid and can be implemented easily. CHA could introduce "rake", a fee that would be deducted from the payout of the winner. This way the other CHA holder would profit from the bets made on CHA network.

Cool would be a system like this: People place their bets, if more than say 50 bets for one event are placed, the odds could be determined (let's say 20:30, so 2:3) so then the whole thing is resolved via chancecoins usual system (coins are created for the winners, destroyed for the losers)
That would bring P2P and CHA's original concept together. Only problem is abuse, one guy places all the 50 bets, and there are no "arbitrageurs" who bet against him. Don't know if that's killing the idea or if one could protect against this.

Don't get me wrong, we can add a p2p layer ontop of CHA where players can bet against EACH OTHER. Just not against the house, thats all Im saying!