Topic: [BTE] The Bytecoin Information Thread (Read 80193 times)

BIG WIN!

Status: 119 confirmations
Date: 11/21/2024 00:16
From: unknown
To: bytec1qm0fct0xkr9funygs2t2cywsrl0f2xzphjvemkp (own address)
Credit: 50.00000000 BTE
Net amount: +50.00000000 BTE
Transaction ID: d4a463c927590338116cad83376dbdaeb7ed6c70dacf205c501479c2462f768c
Transaction total size: 245 bytes
Transaction virtual size: 164 bytes
Output index: 1

BIG WIN!

PAYOUT: 15.84

Status: 700 confirmations
Date: 11/15/2024 22:17
From: unknown
To: bytec1qp9az5hg7mqx2v0rl00rs2stlekltct56snelmp (own address)
Credit: 4.00000000 BTE
Net amount: +4.00000000 BTE
Transaction ID: 718a3e0c3b634b722ab286cfe053accd0a818ed98b71bdb3bee37a778f25bbcd
Transaction total size: 219 bytes
Transaction virtual size: 219 bytes
Output index: 1

https://chainspy.com/?search=718a3e0c3b634b722ab286cfe053accd0a818ed98b71bdb3bee37a778f25bbcd

BIG WIN!

PAYOUT: 63.86


Status: 698 confirmations
Date: 11/15/2024 22:17
From: unknown
To: bytec1q43gcpfehp0slyej26787rmjkpgpm92zc9mskc9 (own address)
Credit: 8.00000000 BTE
Net amount: +8.00000000 BTE
Transaction ID: 4933ddbdf1cf9bee7702afe7b049d8644cd4cb82e010d822399ac162ad6f512a
Transaction total size: 222 bytes
Transaction virtual size: 141 bytes
Output index: 1

https://chainspy.com/?search=4933ddbdf1cf9bee7702afe7b049d8644cd4cb82e010d822399ac162ad6f512a

BIG WIN!

 

https://chainspy.com/index.php?tx=5bf0d09c81aa073a5e95989e08de28f857f29a8bc15d08f19bdcccf3dd14c9e9&n=0

10 Free games!! If you lose you get your coins refunded. If you win you keep the winnings!!

Bytecoin Dice (BTE) Rules and Payout Structure

At Bytecoin Dice, our goal is to offer a simple, transparent, and fun experience for players. Below, you'll find the basic rules of the game and how payouts work.


How to Play:

• Choose Your Odds: Select one of the following Bytecoin Dice addresses based on the odds you want to play with.
     - 1/2 Odds (50% chance to win double):

   - 1/4 Odds (25% chance to win quadruple):    - 1/8 Odds (12.5% chance to win 8x):    - 1/16 Odds (6.25% chance to win 16x):

• Place Your Bet: Send a desired amount of Bytecoin (BTE) to the betting address corresponding to your chosen odds.
  
  
• Wait for Transaction Confirmation: Your bet will be processed once the Bytecoin network confirms the transaction. Typically, this requires 1 or more confirmations depending on network speed.
  
  
• Automatic Dice Roll: After confirmation, a random dice roll (a number between 0 and 99) will be calculated using the first 10 characters of your transaction ID (txid). This dice roll determines if you win or lose.
  
  
• Check the Results: Compare your dice roll against the odds to see if you win:
     - For 1/2 Odds, you win if the dice roll is less than 50.
     - For 1/4 Odds, you win if the dice roll is less than 25.
     - For 1/8 Odds, you win if the dice roll is less than 12.5.
     - For 1/16 Odds, you win if the dice roll is less than 6.25.
  
  
• Receive Your Payout: If you win, Bytecoin Dice will automatically send your winnings back to the Bytecoin address from which you placed the bet. You don’t need to do anything—payouts are processed immediately!
  

Payout Structure:

The amount you win is based on the odds you choose. The higher the odds, the greater the payout if you win. Here’s how payouts are calculated:

• 1/2 Odds (50% chance to double your bet):
     - If you bet 100 BTE and win, you’ll receive 200 BTE (2x your bet).
     - After the 1% house fee, you will receive 198 BTE.
  
  
• 1/4 Odds (25% chance to quadruple your bet):
     - If you bet 100 BTE and win, you’ll receive 400 BTE (4x your bet).
     - After the 1% house fee, you will receive 396 BTE.
  
  
• 1/8 Odds (12.5% chance to multiply your bet by 8x):
     - If you bet 100 BTE and win, you’ll receive 800 BTE (8x your bet).
     - After the 1% house fee, you will receive 792 BTE.
  
  
• 1/16 Odds (6.25% chance to multiply your bet by 16x):
     - If you bet 100 BTE and win, you’ll receive 1600 BTE (16x your bet).
     - After the 1% house fee, you will receive 1584 BTE.
  

House Fee:

• Bytecoin Dice charges a 1% fee on winnings.
  
• No fees are charged if you lose your bet.
• The fee helps cover transaction costs and maintain the platform, ensuring a fair and secure gaming environment.

Important Notes:

• You must send your bet from a wallet where you control the private keys, not from an exchange wallet, as the payout will be sent back to the same address.
• All bets are final once confirmed by the Bytecoin network.
• You can verify the fairness of every bet by reviewing the transaction ID (txid) and calculating the dice roll yourself.

Good luck, and may the odds be in your favor at Bytecoin Dice!

Welcome to Bytecoin Dice (BTE): Where Fairness and Transparency Meet!
At Bytecoin Dice, we’ve built a game that prioritizes transparency, fairness, and low fees—all powered by the efficiency of Bytecoin (BTE). Here's why Bytecoin Dice is a great choice for players who value trust and reliability in online gaming.

1. Provably Fair: The Heart of Our System
We are committed to ensuring every bet placed is provably fair. This means you, as a player, can verify the fairness of each bet independently, without relying on us.

How Provably Fair Works:
Transaction-Based Outcomes: Every bet is processed based on your unique Bytecoin transaction ID (txid). The txid is a public record created by the Bytecoin blockchain when you place your bet.
Dice Roll Calculation: We take the first 10 characters of the txid (which is in hexadecimal format) and convert it to a decimal number. This number is then used to determine your dice roll, a completely random and verifiable outcome.
Example:
If your txid is 1a2b3c4d5e6f7890abcdef1234567890, we extract the first 10 characters: 1a2b3c4d5e. This hexadecimal value is converted into a decimal number and modded by 100 to generate a dice roll between 0 and 99. The fairness comes from the fact that this txid is created by the Bytecoin blockchain—not by us—so it’s impossible for anyone to manipulate it.

Why This Matters:
You Control the Outcome: No one—including us—can alter the result once the bet is placed. The result is directly tied to the transaction ID created by the Bytecoin network.
Verify for Yourself: After each game, you can independently verify the outcome using the steps we provide. It’s that simple.
2. Low, Transparent Fees: What You Keep Is What You Deserve
At Bytecoin Dice, we want to keep more of your winnings in your pocket. Our house fee is one of the lowest in the industry—just 1% of your total payout. Here’s why that’s a game-changer for you:

When you win a bet, you are entitled to a payout based on the odds you placed your bet on. For example:
A bet on 1/2 odds (50% chance to win) would double your wager.
A bet on 1/4 odds (25% chance to win) would quadruple your wager.
We only take a 1% fee of your payout—not your initial bet amount. This ensures that the lion’s share of the winnings stays with you.
Example of a 1/2 Odds Bet:
Let’s say you placed a bet of 100 BTE on 1/2 odds.

If you win, you’re entitled to 200 BTE (double your original bet).
Our fee would be 1% of your payout, which is 200 BTE. That’s just 2 BTE in fees!
Your final winnings would be 198 BTE—a small fee for a big reward.
Why We Keep Fees Low:
Player-Centric Model: We want you to win, and we want to reward your success. That’s why we keep our fees as low as possible.
Complete Transparency: You’ll always know how much is deducted from your winnings upfront. No hidden fees, no surprises.
3. Bytecoin (BTE) Efficiency: Fast, Secure, and Anonymous
We chose Bytecoin (BTE) because it offers several advantages that align with our vision of fair, efficient, and anonymous gaming.

Key Benefits of Bytecoin:
Speed: Bytecoin transactions are fast, meaning you can place bets and receive payouts almost instantly.
Low Transaction Fees: Bytecoin’s network fees are extremely low compared to other cryptocurrencies, so you won’t lose significant amounts to network fees when placing bets or receiving winnings.
4. How to Verify the Fairness of Your Bet
We’ve made it easy for you to verify your bet outcome independently. Here’s how you can check if you’ve won:

Step 1: Get Your Transaction ID (txid)
After placing your bet, open your Bytecoin wallet and find the transaction where you sent the bet to Bytecoin Dice. This will be marked as a sent transaction.
Copy the transaction ID (txid) from your wallet.
Step 2: Convert txid to Decimal
Take the first 10 characters of your txid.
Use an online hexadecimal to decimal converter to convert these characters into a decimal number.
Step 3: Calculate Your Dice Roll
Once you have the decimal number, apply this formula to get your dice roll:


This gives you a random number between 0 and 99.

Step 4: Compare to the Betting Odds
For 1/2 odds, you win if the dice roll is less than 50.
For 1/4 odds, you win if the dice roll is less than 25.
For 1/8 odds, you win if the dice roll is less than 12.5.
For 1/16 odds, you win if the dice roll is less than 6.25.
If your dice roll is below the threshold for the odds you chose, congratulations—you win! Bytecoin Dice will automatically send your winnings to your Bytecoin address.

5. Why Play Bytecoin Dice?
Provably Fair: You can verify every single bet outcome. We use the Bytecoin blockchain to ensure fairness.
Low Fees: Just 1% of your payout is deducted as our house fee—one of the lowest in the industry.
Fast and Secure: Bytecoin (BTE) offers fast transaction speeds with enhanced privacy features, giving you a seamless experience.
So what are you waiting for? Take a spin on Bytecoin Dice (BTE) and enjoy the most transparent, fair, and rewarding gaming experience today!

Odds: 1/2 - Address: bytec1qm0fct0xkr9funygs2t2cywsrl0f2xzphjvemkp
Odds: 1/4 - Address: bytec1qp9az5hg7mqx2v0rl00rs2stlekltct56snelmp
Odds: 1/8 - Address: bytec1q43gcpfehp0slyej26787rmjkpgpm92zc9mskc9
Odds: 1/16 - Address: bytec1qdc5al0tck4700s3uazvml5zlmlfkkpw67kt5ku

How the Verification Process Works:
Dice Roll Based on Transaction ID (txid): The outcome of a bet is determined using the txid of the Bytecoin transaction. A part of the txid is used to generate a random number (the dice roll).

Comparing the Dice Roll to the Odds:
The dice roll (a number between 0 and 99) is compared to a threshold based on the betting odds. For example:

For 1/2 odds: If the dice roll is less than 50, the player wins.
For 1/4 odds: If the dice roll is less than 25, the player wins.
And so on.

Players Can Recompute the Result Themselves: Players can check their txid, compute the dice roll, and verify if they won or lost using the same rules.

Instructions for Users to Verify Their Bets
Step 1:
Find Your Transaction ID (txid)
After placing a bet, open your Bytecoin wallet.
Find the transaction details for the bet you placed. The transaction will be marked as a sent transaction to one of the BTE Dice betting addresses.
Copy the Transaction ID (txid) from the transaction details. The txid is a long hexadecimal string that uniquely identifies your transaction on the Bytecoin network.
Step 2:
Extract the Dice Roll from Your Transaction ID
Take the first 10 characters of your txid. This will be used to simulate a dice roll.
Convert the first 10 characters of your txid (which are hexadecimal) into a decimal number.
You can use an online converter for this:

Go to any hexadecimal to decimal converter website (e.g., RapidTables Hex to Decimal Converter).
Paste the first 10 characters of your txid into the hex field, and convert it to decimal.

Step 3:
Calculate the Dice Roll
After converting the first 10 characters of your txid to decimal, calculate the dice roll by applying this formula:


The result is a number between 0 and 99.

Step 4: Compare the Dice Roll to the Odds
If you placed a bet on 1/2 odds, you win if the dice roll is less than 50.
If you placed a bet on 1/4 odds, you win if the dice roll is less than 25.
If you placed a bet on 1/8 odds, you win if the dice roll is less than 12.5.
If you placed a bet on 1/16 odds, you win if the dice roll is less than 6.25.

For instance:

If your dice roll is 23, and you placed a bet on 1/4 odds (threshold is 25), you win.
If your dice roll is 63, and you placed a bet on 1/2 odds (threshold is 50), you lose.

Step 5: Verify Your Winnings
If your dice roll is less than the threshold for your bet, you won. You can verify the payout by checking the Bytecoin address you used to place the bet, and you should receive your payout automatically (minus the house fee).

Example:
Let's go through an example to verify a bet:

Find your txid: Suppose your txid is 1a2b3c4d5e6f7890abcdef1234567890abcdef1234567890abcdef1234567890.

Extract the first 10 characters: 1a2b3c4d5e.

Convert hex to decimal:

Use a hex-to-decimal converter to convert 1a2b3c4d5e to decimal:
Decimal value = 721033036766.
Calculate the dice roll:

Dice Roll = 721033036766 mod 100 = 66.

Compare to odds:

If you placed a bet on 1/2 odds, you lose because the dice roll (66) is greater than the threshold (50).
If you placed a bet on 1/4 odds, you lose because the dice roll (66) is greater than the threshold (25).
If you placed a bet on 1/16 odds, you lose because the dice roll (66) is greater than the threshold (6.25).
Thus, in this example, the player loses on all odds tiers based on the dice roll.

Summary of Steps for Players to Verify Their Bets:

• Find your txid: Copy the transaction ID from your Bitcoin wallet.
• Extract the first 10 characters: Use these for the dice roll calculation.
• Convert to decimal: Convert the first 10 characters from hex to decimal.
• Calculate the dice roll: Apply mod 100 to the decimal value.
• Compare to the odds: Check if the dice roll is below the winning threshold for the odds you bet on.

Good luck everyone!

I've no idea who owns and runs that site.

What's going on with the official bytecoin.biz website? It references Cryptsy which has been dead for almost a decade and has a link to an article promoting AI trading software?

BTE will do nicely.

Latest Windows build is at

https://github.com/bytecoin-crypto/bytecoin/releases/tag/v27.0.2

Pages 35 and later here have various info on pools, blockchain explorer, etc. I'm currently mining.

May jump back into this. Seeing a bit of excitement. Where can you find the latest miner / wallet for BTE (bytecoin)? Btw, did we end up changing the name? Someone suggest OBC (original bytecoin). I'm kind of more partial to just calling it "BYTE", or "BYTE Classic".

Your running your own exchange? Your own software? Be careful, bit risky.

Linode hosting?

I have the barebones of BTE to BTC exchange. Not sure where to host this app? AWS? Any suggestions?

Know what you mean. I'm one of them. Don't like being a pain to my kids.

Good on you for honoring them.

Yeah I'm pretty busy at the moment.
Elderly parents are such a worry and time consuming. 

Not sure what happened there, the process crashed. It working again now. I'll have to check the logs.

What's up? Pool not working.

Might be an idea to post new build and pool info somewhere on Reddit. Seems like many are jumping on any new coin that shows  promise.

Don't think so, very quiet.