Hello BTC Forum,
Me and a fellow BTC/Alt enthusiast have been working on a Provably fair lottery with altcoins.
We have setup a domain and have setup a launch date for next week.
www.grottolotto.comThe way it works:
Tickets are purchased with coins such as BTC, LTC, QRK, FTC, and DOGE.
All ticket entry costs are deposited into the pot and is given away at the end of the time.
So if somebody purchases 10 tickets into the Quark lottery at 10 qrk a piece, the pot is at 100 quark.
The winner of that pot receives the 100 Quark currently in the pot and the pot resets.
We use a seed drawing to determine the winner and list all of the entries and purchases.
I was wondering if you could give us some tips? This is my first ever Altcoin project and I dont want to Gox anybody so anyhelp and questions would be appreciated prior to launch so we can fix our bugs or add features before we release.
Thanks again!