i also don't understand the decentralized part of the casino!
what is being described in the first post is the definition of on chain gambling, which is being done by many other casinos. so i don't understand why is it being called decentralized?
Topic: Fun-casino - online Bitcoin and Funcoin casino. - page 22. (Read 36421 times)
I would also like to know more about who controls the funds, I mean they must go somewhere besides being used for payouts?
If i understand the OP correctly, there is a hot wallet. The OP mentions it's inside their billing system, nevertheless he must have the private key of the addresses somewhere (or at least, he must be able to export the private keys in case he's using an api or json-rpc), otherwise he wouldn't be able to handle payouts in case somebody wins
I would also like to know more about who controls the funds, I mean they must go somewhere besides being used for payouts?
Welcome to Fun-casino, first decentralized Bitcoin casino.
What does it mean – decentralized?
Decentralized casinos are totally independent and anonymous without any administrators who can interfere either in gaming process or financial relations between casino players.
The purpose of such decisions, which no one controls, is to facilitate the exchange of goods and services between unknown people on the principle of "smart contract" ensuring justice and fairness once the transaction is finished (transaction between player and fun-casino).
Casino software works on Blockchain technology, which guarantees its players placing bets, winning, and withdrawing their winnings instantly, staying anonymous within the system. All Fun-casino games are based on "Probably Fair" technology, which guarantees fairness of winning/loss.
Casino offers high-quality games from world-famous game providers: Betsoft gaming, Endorphina, Ezugi, Pocket Dice, SoftSwiss. The quality and fairness of games are proven by iTech Labs certificate.
Once all Fair games rules observed, Fun-casino guarantees instant withdrawal to its players. If not, player always has a chance to play again following the rules to get their money back.
What does it mean – decentralized?
Decentralized casinos are totally independent and anonymous without any administrators who can interfere either in gaming process or financial relations between casino players.
The purpose of such decisions, which no one controls, is to facilitate the exchange of goods and services between unknown people on the principle of "smart contract" ensuring justice and fairness once the transaction is finished (transaction between player and fun-casino).
Casino software works on Blockchain technology, which guarantees its players placing bets, winning, and withdrawing their winnings instantly, staying anonymous within the system. All Fun-casino games are based on "Probably Fair" technology, which guarantees fairness of winning/loss.
Casino offers high-quality games from world-famous game providers: Betsoft gaming, Endorphina, Ezugi, Pocket Dice, SoftSwiss. The quality and fairness of games are proven by iTech Labs certificate.
Once all Fair games rules observed, Fun-casino guarantees instant withdrawal to its players. If not, player always has a chance to play again following the rules to get their money back.
Strange concept...
Correct me if i'm wrong, but, decentralised = no one has controll of the funds.
But when i read your description, it looks like fun-casino still has a wallet to which you have to send your coins, so there is centralisation (fun-casino).
Am i missing something here?
Hello,
We do have wallet but it belongs to billing system and automatically goes to user balance. This account is mutual for all users and their winnings are also withdrawn automatically.
This account is on casino code. All further functional details can't be described because of some extra safe measures and kept in secret.
Welcome to Fun-casino, first decentralized Bitcoin casino.
What does it mean – decentralized?
Decentralized casinos are totally independent and anonymous without any administrators who can interfere either in gaming process or financial relations between casino players.
The purpose of such decisions, which no one controls, is to facilitate the exchange of goods and services between unknown people on the principle of "smart contract" ensuring justice and fairness once the transaction is finished (transaction between player and fun-casino).
Casino software works on Blockchain technology, which guarantees its players placing bets, winning, and withdrawing their winnings instantly, staying anonymous within the system. All Fun-casino games are based on "Probably Fair" technology, which guarantees fairness of winning/loss.
Casino offers high-quality games from world-famous game providers: Betsoft gaming, Endorphina, Ezugi, Pocket Dice, SoftSwiss. The quality and fairness of games are proven by iTech Labs certificate.
Once all Fair games rules observed, Fun-casino guarantees instant withdrawal to its players. If not, player always has a chance to play again following the rules to get their money back.
What does it mean – decentralized?
Decentralized casinos are totally independent and anonymous without any administrators who can interfere either in gaming process or financial relations between casino players.
The purpose of such decisions, which no one controls, is to facilitate the exchange of goods and services between unknown people on the principle of "smart contract" ensuring justice and fairness once the transaction is finished (transaction between player and fun-casino).
Casino software works on Blockchain technology, which guarantees its players placing bets, winning, and withdrawing their winnings instantly, staying anonymous within the system. All Fun-casino games are based on "Probably Fair" technology, which guarantees fairness of winning/loss.
Casino offers high-quality games from world-famous game providers: Betsoft gaming, Endorphina, Ezugi, Pocket Dice, SoftSwiss. The quality and fairness of games are proven by iTech Labs certificate.
Once all Fair games rules observed, Fun-casino guarantees instant withdrawal to its players. If not, player always has a chance to play again following the rules to get their money back.
Strange concept...
Correct me if i'm wrong, but, decentralised = no one has controll of the funds.
But when i read your description, it looks like fun-casino still has a wallet to which you have to send your coins, so there is centralisation (fun-casino).
Am i missing something here?
Welcome to Fun-casino, online Bitcoin casino.
Casino software works on Blockchain technology, which guarantees its players placing bets, winning, and withdrawing their winnings instantly, staying anonymous within the system. All Fun-casino games are based on "Provably Fair" technology, which guarantees fairness of winning/loss.
Casino offers high-quality games from world-famous game providers: Betsoft gaming, Endorphina, Ezugi, Pocket Dice, SoftSwiss. The quality and fairness of games are proven by iTech Labs certificate.
Once all Fair games rules observed, Fun-casino guarantees instant withdrawal to its players. If not, player always has a chance to play again following the rules to get their money back.
Casino software works on Blockchain technology, which guarantees its players placing bets, winning, and withdrawing their winnings instantly, staying anonymous within the system. All Fun-casino games are based on "Provably Fair" technology, which guarantees fairness of winning/loss.
Casino offers high-quality games from world-famous game providers: Betsoft gaming, Endorphina, Ezugi, Pocket Dice, SoftSwiss. The quality and fairness of games are proven by iTech Labs certificate.
Once all Fair games rules observed, Fun-casino guarantees instant withdrawal to its players. If not, player always has a chance to play again following the rules to get their money back.
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