Topic: 💡 iDNA.bet ✧ The 1st Proof-of-Person on-chain betting platform in iDNA ✧ 🧠 - page 2. (Read 304 times)

Congrats on the first on-chain gambling platform on Idena. This is the first time I heard about the proof-of-person and IDENA so I will definitely spend some of my time on depth research. It sounds interested to me

The website still lacks many features and it does not have an appropriate user experience. But I believe the team will check it out and fix it and improve the quality of the website.

Best regards

Welcome onboard the bitcointalk platform. It is nice having you here. Coming here would do more good for your project and chain which would create more awareness of what's you offer. I did a search on your website and found out that your user interface is very good and attractive kudos to your developer for the fantastic idea. I noticed this is likely a Brazilian project from the information on your website.


Sorry to say this, of all the matches to be played which should have occupied the four columns each from different football league  you only have one occupying the columns which shows your team is just confined with Supercopa de Brasil. I think you put other league too so that other people visiting your website would have a knowledge of you being global rather than being confined with Supercopa. It would help you because no one would want to visit a site two times when such observations are made it would be assumed you are not ready and serious for business.

Welcome to the OP's forum.

It seems that the idea that has been designed and will be carried out by you and the iDNA.bet development team is quite good and interesting.
If this idea is really realized, it will actually give gamblers and users of the platform their own interest.
Always prioritize user satisfaction and comfort when betting on your platform. Accept and respond to all suggestions or feedback that has been given by other users.
After all, in the gambling platform business, the customer is everything and if the users are satisfied, they will indirectly invite friends or other people to enter and register on the platform.
Hopefully what you and your team have planned can actually be achieved.

first welcome to this forum, glad to see that IDENA can be used for betting like this at least their coins are really used apart from advertising, staking and others, just a suggestion that you should also add the big leagues there will attract more enthusiasts, oh yes don't forget to added information about idena ANN here https://bitcointalksearch.org/topic/idena-is-the-first-proof-of-person-blockchain-5194871 

Thank you for quoting my image and good words about our betting platform project.


About Casino, I am not sure if that could work. In general the idea is to ask (fact certification Oracle) who is the winner of the match? And then majority would take a decision who is the winner. The fact certification Oracle is always cover the whole network and each of the member to be available to vote must to lock some amount of coins and that coins would be returned back in case if his answer would be part of the majority. Also it could be returned more coins in case if some people would put the vote to the opposite side by mistake or for self-interested aims. So people, gonna be motivated to vote on the true winner favour.

About the stake, they have a special conception called Quadratic Staking you don't need to have any stake to make a bet but take part in a vote for the fact certification Oracle your identity in the network must be validated. The validation in the network happening regularly (currently the period of each validation is equal to 12 days. It's called Epoch) depends on the network size. People to keep validated status must solve a special test called flip, which looks like a series of images that represents a logical story that has beginning at the top and end at the bottom, more information you could find on the idena blockchain official website idena.io. The point is that the network because of the that flip test accepts only humans as Oracle validators each of the validators has a special status which represents kind of advanced eco-sytem with a special rights and privileges. Also, people must pass the test for each of the epoch but this is a separate topic, the point of that conversation is that network members by majority taking a decision who is the winner after the match is over and based on that decision the contract unlocks the prize fund to the favour of winners. That's why there is no needs to have any KYC and everything is 100% on-chain and anonymous. The platform is always getting the interest from each of the bet and bettors splitting the prize fund of losers. So, it's like a WIN/WIN strategy.

Quoting your picture so it can be seen by others easily.
Thanks for bringing your project around here, I have never read much about oracles and how they work, so I have a question.

You mean that for this decentralized casino to work, after a match it will require input from actual people about the results of that said match?
Do network members have stakes on this network or the casino itself?
Assuming they do not have stakes on the network (tokens/coins) and they only run a node, what is it the incentive for them to give correct information the smart contract can work with?

IDENA blockchain have run their own on-chain betting platform based on OracleLock principle.


In brief each of the match represents by 2 prize funds each of them has own independent on-chain OracleLock contract. Matches with possible draw result is not allowed for the current moment.
At the end of the match a special fact certification Oracle would be run to ask the network members about the winner of the match. So, after the end of the certification Oracle the winners will split the losers prize fund divided in proportion to individual bets each of the winner side bettors.

Quite interesting approach, the final WCUP 2022 match was quite successful and got a bit less than 20 000 iDNA prize fund.

The platform fastly evolving and now they are accepting bets for the final match of Supercopa de Brasil between Palmeiras and Flamengo which will take place on January 28th at 16:30 GMT-3.

It would interesting to know your opinion about the idea using certification Oracles to prove the sports event results to unlock and split the prize fund of the match via smart-contract.

More information about OracleLock principle is available here:
https://docs.idena.io/docs/developer/node/oracle-lock