how many time left for burn btc?
thanks!
Topic: [ANN][CHA] Chancecoin, SuperNET core coin for betting in a decentralized casino - page 75. (Read 146164 times)
April 20, 2014, 09:48:04 PM
April 20, 2014, 06:54:17 PM
I have 3 questions before I burn my BTC:
1) What does this mean? "Maximum coins burned: 1,000,000" The burn period will end if 1,000,000 Chancecoin are created?
2) Can a decentralized dice game be implemented within Counterparty somehow? Making Chancecoin useless?
3) How is this dice game decentralized if it relies on the NY lottery numbers? Aren't the NY lottery numbers centralized?
Thanks!
1) What does this mean? "Maximum coins burned: 1,000,000" The burn period will end if 1,000,000 Chancecoin are created?
2) Can a decentralized dice game be implemented within Counterparty somehow? Making Chancecoin useless?
3) How is this dice game decentralized if it relies on the NY lottery numbers? Aren't the NY lottery numbers centralized?
Thanks!
1) Dunno but the number of coins doesn't matter. As an investor, you want to hold the better % of the total amount of coin at the end of the IPO.
2) Absolutely impossible as I explained before. Ignore qtgwith, he is probably the biggest investor and don't want people to burn more BTC as it dilute his investment. These kind of trolls are on every thread on this forum. These are the one that say "Bitcoin is crashin ! Going down to zero" while they are buying massively.
3) There is a discussion about it on this thread. It doesn't "rely" on NY lottery, it only use some of it's numbers to ensure better randomness. This can be changed any time (use a different numbers source) and doesn't affect users.
I hold none since I have seen the risk. No need chancecoin at all. It can be realized easily using XCP.
April 20, 2014, 02:22:18 PM
I have burnt a few bitcoins from a blockchain.info address. How do I verify that CHA got credited to my address as expected?
I know some of you have been having trouble verifying balances with the wallet binaries. While we're working hard on the new bitcoinj version of the software, I published a list of balances: http://chancecoin.com/balances. I will update this list periodically. Even if you already know your balance, this is a pretty interesting list to look at!
1Jy19AtEsNLmCm36dePFzybGdY8bWUEk8t 0.35btc ,19tjzjLKgiLCUZA2s2wH9aNd3TTHJJXgY7 0.34btc
are burn from my btc adress:1LArq4ZstbNo2Dcq3dg7QdtoTpvizsX52h.why CHA mistake.
Can adjust to 1LArq4ZstbNo2Dcq3dg7QdtoTpvizsX52h this address?
thanks
April 20, 2014, 01:18:28 PM
I have 3 questions before I burn my BTC:
1) What does this mean? "Maximum coins burned: 1,000,000" The burn period will end if 1,000,000 Chancecoin are created?
2) Can a decentralized dice game be implemented within Counterparty somehow? Making Chancecoin useless?
3) How is this dice game decentralized if it relies on the NY lottery numbers? Aren't the NY lottery numbers centralized?
Thanks!
1) What does this mean? "Maximum coins burned: 1,000,000" The burn period will end if 1,000,000 Chancecoin are created?
2) Can a decentralized dice game be implemented within Counterparty somehow? Making Chancecoin useless?
3) How is this dice game decentralized if it relies on the NY lottery numbers? Aren't the NY lottery numbers centralized?
Thanks!
1) Dunno but the number of coins doesn't matter. As an investor, you want to hold the better % of the total amount of coin at the end of the IPO.
2) Absolutely impossible as I explained before. Ignore qtgwith, he is probably the biggest investor and don't want people to burn more BTC as it dilute his investment. These kind of trolls are on every thread on this forum. These are the one that say "Bitcoin is crashin ! Going down to zero" while they are buying massively.
3) There is a discussion about it on this thread. It doesn't "rely" on NY lottery, it only use some of it's numbers to ensure better randomness. This can be changed any time (use a different numbers source) and doesn't affect users.
April 20, 2014, 12:59:13 PM
I still have the same problem: wallet starts without error, btc-qt is running an up to date, but when I click on "open wallet" or "casino" nothing happens.
any suggestions?
any suggestions?
?
April 20, 2014, 08:33:59 AM
You should make more study on Counterparty. Counterparty XCP has betting function in cmd client and will add betting to the counterwallet soon. Chancecoin is actually a fork of XCP's betting. Once the betting function is added to the counterwallet, chancecoin maybe die.
You don't get it. XCP will never act as a real decentralized dice-game with all features. Take the casino bank-roll for example : Imagine if you implement a function that could make XCP holders lose money ?
Impossible, XCP will never do such changes.
On the other hand with Chancecoin, every investor is also part of the bankroll and that's one of the reason they invest.
sound good .
April 20, 2014, 08:04:53 AM
I have 3 questions before I burn my BTC:
1) What does this mean? "Maximum coins burned: 1,000,000" The burn period will end if 1,000,000 Chancecoin are created?
2) Can a decentralized dice game be implemented within Counterparty somehow? Making Chancecoin useless?
3) How is this dice game decentralized if it relies on the NY lottery numbers? Aren't the NY lottery numbers centralized?
Thanks!
1) What does this mean? "Maximum coins burned: 1,000,000" The burn period will end if 1,000,000 Chancecoin are created?
2) Can a decentralized dice game be implemented within Counterparty somehow? Making Chancecoin useless?
3) How is this dice game decentralized if it relies on the NY lottery numbers? Aren't the NY lottery numbers centralized?
Thanks!
The chancecoin will die immediately after the betting function added to the Counterparty's web wallet. Actually, the chancecoin is only a betting application based on Counterparty.
April 20, 2014, 07:03:58 AM
Hey Devs
is there a "block scan" where we can see our balance??, how can i verify my burn?
http://chancecoin.com/balancesis there a "block scan" where we can see our balance??, how can i verify my burn?
or in the client directly!
April 20, 2014, 01:40:21 AM
Hey Devs
is there a "block scan" where we can see our balance??, how can i verify my burn?
is there a "block scan" where we can see our balance??, how can i verify my burn?
April 19, 2014, 05:31:32 AM
Support the 1%. But please lower maxwin to 0.5%. Thanks 
April 19, 2014, 03:39:22 AM
I still have the same problem: wallet starts without error, btc-qt is running an up to date, but when I click on "open wallet" or "casino" nothing happens.
any suggestions?
any suggestions?
April 19, 2014, 02:19:22 AM
I have 3 questions before I burn my BTC:
1) What does this mean? "Maximum coins burned: 1,000,000" The burn period will end if 1,000,000 Chancecoin are created?
2) Can a decentralized dice game be implemented within Counterparty somehow? Making Chancecoin useless?
3) How is this dice game decentralized if it relies on the NY lottery numbers? Aren't the NY lottery numbers centralized?
Thanks!
1) What does this mean? "Maximum coins burned: 1,000,000" The burn period will end if 1,000,000 Chancecoin are created?
2) Can a decentralized dice game be implemented within Counterparty somehow? Making Chancecoin useless?
3) How is this dice game decentralized if it relies on the NY lottery numbers? Aren't the NY lottery numbers centralized?
Thanks!
April 19, 2014, 12:31:04 AM
We set the house edge to 2% initially for all bets using Chancecoin, but after much discussion and consideration, we feel strongly about lowering the house edge to 1%. Currently several Bitcoin dice betting websites, such as JustDice and PrimeDice, are using 1% house edge, and to be competitive in this space, we have to match that. We believe that this change will make Chancecoin more attractive for dice players, and the lower rate will add more value to investors from a bigger user base and higher bet volume than the difference in the house edge per bet.
This is the only change in the protocol that we have wanted to make since the inception of Chancecoin, and it is by no means a sign that we will make protocol-related changes in the future. Please let us know if you have genuine concerns with this change. If there's no strong dissent, we will implement this change a week from now.
This is the only change in the protocol that we have wanted to make since the inception of Chancecoin, and it is by no means a sign that we will make protocol-related changes in the future. Please let us know if you have genuine concerns with this change. If there's no strong dissent, we will implement this change a week from now.
Support.
April 19, 2014, 12:11:14 AM
"Chancecoin is not finished synchronizing. Chancecoin has finished processing 291952 out of 296585 Bitcoin blocks."
so slow... about 1 block/sec. Is that normal?
so slow... about 1 block/sec. Is that normal?
April 18, 2014, 11:44:47 PM
This is the only change in the protocol that we have wanted to make since the inception of Chancecoin, and it is by no means a sign that we will make protocol-related changes in the future. Please let us know if you have genuine concerns with this change. If there's no strong dissent, we will implement this change a week from now.
Happy with the change.
April 18, 2014, 09:04:36 PM
We set the house edge to 2% initially for all bets using Chancecoin, but after much discussion and consideration, we feel strongly about lowering the house edge to 1%. Currently several Bitcoin dice betting websites, such as JustDice and PrimeDice, are using 1% house edge, and to be competitive in this space, we have to match that. We believe that this change will make Chancecoin more attractive for dice players, and the lower rate will add more value to investors from a bigger user base and higher bet volume than the difference in the house edge per bet.
This is the only change in the protocol that we have wanted to make since the inception of Chancecoin, and it is by no means a sign that we will make protocol-related changes in the future. Please let us know if you have genuine concerns with this change. If there's no strong dissent, we will implement this change a week from now.
This is the only change in the protocol that we have wanted to make since the inception of Chancecoin, and it is by no means a sign that we will make protocol-related changes in the future. Please let us know if you have genuine concerns with this change. If there's no strong dissent, we will implement this change a week from now.
April 18, 2014, 02:52:11 PM
You should make more study on Counterparty. Counterparty XCP has betting function in cmd client and will add betting to the counterwallet soon. Chancecoin is actually a fork of XCP's betting. Once the betting function is added to the counterwallet, chancecoin maybe die.
You don't get it. XCP will never act as a real decentralized dice-game with all features. Take the casino bank-roll for example : Imagine if you implement a function that could make XCP holders lose money ?
Impossible, XCP will never do such changes.
On the other hand with Chancecoin, every investor is also part of the bankroll and that's one of the reason they invest.
April 18, 2014, 11:15:45 AM
Chancecoin has no chance. Counterparty XCP has betting function in cmd client and will add betting to the counterwallet soon.
The function in chancecoin can be realized easily in Counterparty. No need this chancecoin altcoin at all.
The function in chancecoin can be realized easily in Counterparty. No need this chancecoin altcoin at all.
This has nothing to do with the betting-game of Chancecoin.
At the starting of XCP I've seen some discussion about it and it seems that its betting system could be flawed. I can't find any news about it, devs probably gave up. Even if they implement a betting system later, be careful about the fact that it will not work the same way.
The big difference between XCP and Chancecoin is that Chancecoin is made to be a betting system, the XCP base is only a way to implement it. Chancecoin's devs were thinking about the betting system before the cryptocurrency.
Also, XCP had no working functions until recently while the betting system of Chancecoin is working while the burn-period is not finished. There is already a nice working client and the devs are going to make a new one based on CoinJ so people doesn't have to download the whole blockchain. They fix the biggest problem of XCP before the burn-period is done.
This is a very original and interesting project, I haven't seen any for months in cryptocurrency world.
You should make more study on Counterparty. Counterparty XCP has betting function in cmd client and will add betting to the counterwallet soon. Chancecoin is actually a fork of XCP's betting. Once the betting function is added to the counterwallet, chancecoin maybe die.
April 18, 2014, 11:13:19 AM
Chancecoin has no chance. Counterparty XCP has betting function in cmd client and will add betting to the counterwallet soon.
The function in chancecoin can be realized easily in Counterparty. No need this chancecoin altcoin at all.
The function in chancecoin can be realized easily in Counterparty. No need this chancecoin altcoin at all.
This has nothing to do with the betting-game of Chancecoin.
At the starting of XCP I've seen some discussion about it and it seems that its betting system could be flawed. I can't find any news about it, devs probably gave up. Even if they implement a betting system later, be careful about the fact that it will not work the same way.
The big difference between XCP and Chancecoin is that Chancecoin is made to be a betting system, the XCP base is only a way to implement it. Chancecoin's devs were thinking about the betting system before the cryptocurrency.
Also, XCP had no working functions until recently while the betting system of Chancecoin is working while the burn-period is not finished. There is already a nice working client and the devs are going to make a new one based on CoinJ so people doesn't have to download the whole blockchain. They fix the biggest problem of XCP before the burn-period is done.
This is a very original and interesting project, I haven't seen any for months in cryptocurrency world.
Nicely Put!
When the new client is in place, everyone around the world can play dice without any 3rd party interfeering and without ANY trust, and all this with a lightweight java client. This is a unique situation, as this was never possible until now. And now you can even be a part of this with burning!
April 18, 2014, 09:25:27 AM
Chancecoin has no chance. Counterparty XCP has betting function in cmd client and will add betting to the counterwallet soon.
The function in chancecoin can be realized easily in Counterparty. No need this chancecoin altcoin at all.
The function in chancecoin can be realized easily in Counterparty. No need this chancecoin altcoin at all.
This has nothing to do with the betting-game of Chancecoin.
At the starting of XCP I've seen some discussion about it and it seems that its betting system could be flawed. I can't find any news about it, devs probably gave up. Even if they implement a betting system later, be careful about the fact that it will not work the same way.
The big difference between XCP and Chancecoin is that Chancecoin is made to be a betting system, the XCP base is only a way to implement it. Chancecoin's devs were thinking about the betting system before the cryptocurrency.
Also, XCP had no working functions until recently while the betting system of Chancecoin is working while the burn-period is not finished. There is already a nice working client and the devs are going to make a new one based on CoinJ so people doesn't have to download the whole blockchain. They fix the biggest problem of XCP before the burn-period is done.
This is a very original and interesting project, I haven't seen any for months in cryptocurrency world.
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