Hacked[dot]com reports on the world's 1st Fully Decentralized Gambling Platform - page 2.

vdice_io

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Activity: 194

Merit: 100

Quote from: amacar2 on November 03, 2016, 02:39:22 PM

Quote from: newIndia on November 03, 2016, 01:23:51 PM

It seems vDice.io & KIBO are trying the same thing. But, I doubt people will ever embrace decentralized gambling, just like decentralized bitcoin exchanges have never got traction.

Actually i think people will love decentralize gambling and exchanges in future, and it is quite normal to not have much interest right now. Traders have already started looking for decentralized trading platform and there are also few developed but most of them are still in beta stage.

Talking about vdice, concept of decentralized gambling platform based on smart contract sound really nice idea and with more adoption towards ETH, people may start to realize vdice as best probably fair ethereum based gambling platform.

Yes, we think so too.

And we are already live and working.
Our developers work very hard to make that happen.

vdice_io

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Activity: 194

Merit: 100

Quote from: newIndia on November 03, 2016, 01:23:51 PM

It seems vDice.io & KIBO are trying the same thing. But, I doubt people will ever embrace decentralized gambling, just like decentralized bitcoin exchanges have never got traction.

Actually, vDice already is LIVE and working.
vDice is the only blockchain gambling game doing that on Ethereum.

People will NOT know it is decentralized. They will use it because it is safer and better.

Bitcoin and blockchain show the importance of decentralization.

Now it is time to extend to other industries.

Wherever we can take out the middle-man it is good.
This includes exchanges and gambling platforms.

vDice does that.

We have developed proofs with our oracle.
These have on-blockchain betting times down to around 5s already (on test-net). Release is set for end of year, after peer-review.

Next year, we will compete with centralized services for speed and efficiency.
Then we will have all the advantages of decentralization, with none of the drawbacks.

So, people will use it because it is better. And with vDice they won't have to know it's decentralized.

amacar2

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CryptoTalk.Org - Get Paid for every Post!

Quote from: newIndia on November 03, 2016, 01:23:51 PM

It seems vDice.io & KIBO are trying the same thing. But, I doubt people will ever embrace decentralized gambling, just like decentralized bitcoin exchanges have never got traction.

Actually i think people will love decentralize gambling and exchanges in future, and it is quite normal to not have much interest right now. Traders have already started looking for decentralized trading platform and there are also few developed but most of them are still in beta stage.

Talking about vdice, concept of decentralized gambling platform based on smart contract sound really nice idea and with more adoption towards ETH, people may start to realize vdice as best probably fair ethereum based gambling platform.

RHavar

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Activity: 1463

Merit: 1886

Quote from: vdice_io on November 03, 2016, 01:47:08 PM

Where do you get all your figures from.

Huh? You're the one citing figures:

Quote from: vdice_io on November 03, 2016, 01:47:08 PM

And all your other points are just wrong.

Ok, it very well might be. Can you explain why?

vdice_io

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Activity: 194

Merit: 100

Quote from: RHavar on November 03, 2016, 01:38:31 PM

There's already a thread for it here: https://bitcointalksearch.org/topic/decentralised-gambling-game-vdice-announces-crowdsale-1646783 in which you guys have been avoiding answering my technical concerns (see: https://bitcointalksearch.org/topic/m.16764426 )

Also who wrote your "business plan"? The executive summary looks like it was hacked together in a few minutes:

Quote

vDice provides a home for great Ethereum Gambling Dapps. It is the promise of Ethereum
gambling, realised. That is, fully decentralized smart contracts, processing bets, without server
architecture and through an Oracle.

Bitcoin is the first blockchain. Bitcoin has a market cap. of around $10 billion. Bitcoin is huge for
gambling. Around 50-60% of ALL Bitcoin transactions are gambling.
You should expect similar results for Ethereum, very soon.

Ethereum is super powerful. With the Ethereum platform you can make gambling truly
decentralised.

At vDice we have no servers, no accounts, no deposits. You only trust the blockchain. The
Ethereum blockchain is the game, in many ways.

And is hilariously wrong. Not even close to 50% of all bitcoin transactions are gambling (I would probably know, I suspect in the last month my gambling site did the most volume of any bitcoin gambling site), and vDice relies on 3 different centralized services, all being single points of failures. Not particularly decentralized?

Anyway, good luck on your 10M USD ( Huh

) crowdsale!

Where do you get all your figures from. All these figures are just wrong.

vdice_io

full member

Activity: 194

Merit: 100

Quote from: RHavar on November 03, 2016, 01:38:31 PM

There's already a thread for it here: https://bitcointalksearch.org/topic/decentralised-gambling-game-vdice-announces-crowdsale-1646783 in which you guys have been avoiding answering my technical concerns (see: https://bitcointalksearch.org/topic/m.16764426 )

Also who wrote your "business plan"? The executive summary looks like it was hacked together in a few minutes:

Quote

vDice provides a home for great Ethereum Gambling Dapps. It is the promise of Ethereum
gambling, realised. That is, fully decentralized smart contracts, processing bets, without server
architecture and through an Oracle.

Bitcoin is the first blockchain. Bitcoin has a market cap. of around $10 billion. Bitcoin is huge for
gambling. Around 50-60% of ALL Bitcoin transactions are gambling.
You should expect similar results for Ethereum, very soon.

Ethereum is super powerful. With the Ethereum platform you can make gambling truly
decentralised.

At vDice we have no servers, no accounts, no deposits. You only trust the blockchain. The
Ethereum blockchain is the game, in many ways.

And is hilariously wrong. Not even close to 50% of all bitcoin transactions are gambling (I would probably know, I suspect in the last month my gambling site did the most volume of any bitcoin gambling site), and vDice relies on 3 different centralized services, all being single points of failures. Not particularly decentralized?

Anyway, good luck on your 10M USD ( Huh

) crowdsale!

Where do you get all your figures from. And all your other points are just wrong.

RHavar

legendary

Activity: 1463

Merit: 1886

There's already a thread for it here: https://bitcointalksearch.org/topic/decentralised-gambling-game-vdice-announces-crowdsale-1646783 in which you guys have been avoiding answering my technical concerns (see: https://bitcointalksearch.org/topic/m.16764426 )

Also who wrote your "business plan"? The executive summary looks like it was hacked together in a few minutes:

Quote

vDice provides a home for great Ethereum Gambling Dapps. It is the promise of Ethereum
gambling, realised. That is, fully decentralized smart contracts, processing bets, without server
architecture and through an Oracle.

Bitcoin is the first blockchain. Bitcoin has a market cap. of around $10 billion. Bitcoin is huge for
gambling. Around 50-60% of ALL Bitcoin transactions are gambling.
You should expect similar results for Ethereum, very soon.

Ethereum is super powerful. With the Ethereum platform you can make gambling truly
decentralised.

At vDice we have no servers, no accounts, no deposits. You only trust the blockchain. The
Ethereum blockchain is the game, in many ways.

And is hilariously wrong. Not even close to 50% of all bitcoin transactions are gambling (I would probably know, I suspect in the last month my gambling site did the most volume of any bitcoin gambling site), and vDice relies on 3 different centralized services, all being single points of failures. Not particularly decentralized?

Anyway, good luck on your 10M USD ( Huh

) crowdsale!

newIndia

legendary

Activity: 2226

Merit: 1052

It seems vDice.io & KIBO are trying the same thing. But, I doubt people will ever embrace decentralized gambling, just like decentralized bitcoin exchanges have never got traction.

irfan_pak10

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Activity: 3234

Merit: 1654

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Since going live on June 13, vDice has become the top ranked Google site for Ethereum gambling, having processed nearly 10,000 bets.

vDice.io, launched in June as the 1st FULLY decentralized gambling game. Running on the first programmable P2P network, vDice will host a crowdsale from Nov. 15 - Dec. 15. In exchange for Ether (ETH), investors will receive “vSlice” tokens, each of which is directly tied to the profits of the game. The “vSlice” token will regularly distribute profits of the vDice game to token holders.

This is really nice article written by Hacked [dot] com: vDice.io was featured on Hacked.com! vDice founder Jason Colby talks about vDice

Please let us know your reviews too.

Regards

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