Any other idea? All suggestions are welcome
Topic: Im starting a new bitcoin-related project. ANONYMOUS OR NOT? - page 2. (Read 3008 times)
Think about a poker site. How site owner can demonstrate that is provably fair? He can only watch to poker challenges and block cheater.
Any other idea? All suggestions are welcome
Any other idea? All suggestions are welcome
Well in my site users will bet against other users. Its not a "game against a machine" site in which i have to demonstrate that my code is provably fair.
My only job will be to monitor the progress of betting and block users who try to cheat other users with fake bet and so on.
So i cannot demonstrate that my site is provably fair, because i will fight against "cheater".
All i can do (and its just done) is to automatically refund money to fair users if i find a cheater. It quite difficult (you will see) but i NEED to protect my fair users.
My only job will be to monitor the progress of betting and block users who try to cheat other users with fake bet and so on.
So i cannot demonstrate that my site is provably fair, because i will fight against "cheater".
All i can do (and its just done) is to automatically refund money to fair users if i find a cheater. It quite difficult (you will see) but i NEED to protect my fair users.
Its only hard in my case to explain that is provably fair, but ill try, and if i cant i will show my identity!
If it's "fair" then it's not exactly gambling. Either you provide a valuable service or you tax ignorant and overly-optimistic people. Which one is it?
IMO just do a provably fair game, no need to show your identity probably. You can find info about provably fair methods on this forum.
I agree with this and indeed for gambling a site I think anonymous is not a big deal (people will only make small bets anyway).
Please don't spam the blockchain though.
Indeed i HATE blockchain spam, dont worry i wont do that
Its only hard in my case to explain that is provably fair, but ill try, and if i cant i will show my identity!
IMO just do a provably fair game, no need to show your identity probably. You can find info about provably fair methods on this forum.
It's not a "standard" gambling site, obviously i cant explain my full project and all i can say is that its physically hard to show that is "provably fair", its not a dice or a roulette.
How original
That's what Bitcoin needs, another gambling site... But Ok, it's a free world
People who gamble is not a very good example of people who know how to manage risks
So you might get away with it. They will bet small amounts and lose them in hope of one big win, so there's not much trust involved.
As above, its not standard, its quite strange and also site users will be different from other bitcoin gambling sites.
How to explain?
However, considering that is a site that could be put under "gambling sites" but its difficult to show that is "probably fair", i think i will show my identity.
IMO just do a provably fair game, no need to show your identity probably. You can find info about provably fair methods on this forum.
I agree with this and indeed for gambling a site I think anonymous is not a big deal (people will only make small bets anyway).
Please don't spam the blockchain though.
Im developing a gambling project.
How original
That's what Bitcoin needs, another gambling site... But Ok, it's a free world
I believe that users must trust a site where they bet their money, but a gambling site draws attenction 
People who gamble is not a very good example of people who know how to manage risks
So you might get away with it. They will bet small amounts and lose them in hope of one big win, so there's not much trust involved.
IMO just do a provably fair game, no need to show your identity probably. You can find info about provably fair methods on this forum.
Im developing a gambling project.
I believe that users must trust a site where they bet their money, but a gambling site draws attenction
I'm investing a lot of money and most of my free time, so i really care about my project and i want users to trust me.
Well, considering that is a gambling site, what would you do?
I believe that users must trust a site where they bet their money, but a gambling site draws attenction
I'm investing a lot of money and most of my free time, so i really care about my project and i want users to trust me.
Well, considering that is a gambling site, what would you do?
I would have to agree that Silk Road has done rather amazingly well and anonymous *can* work with exchanges as well - in both cases most people are basically just doing transactions (and presumably only to the level that they feel comfortable to risk).
I am not sure which way is better. MPOE-PR says you shouldn't be anonymous to be successful. But there is number of successful examples of anonymous businesses as well, e. g. Silk Road and possibly btc-e (is it anonymous?).
ps: no trust in an anonymus project? Just two words: Satoshi Nakamoto
Satoshi *gave* us Bitcoin and charged us nothing for it - it doesn't sound as though this project is going to do the same.
Yeah, i know, its not the same
ps: no trust in an anonymus project? Just two words: Satoshi Nakamoto
Satoshi *gave* us Bitcoin and charged us nothing for it - it doesn't sound as though this project is going to do the same.
You can always start anonymous, and if everything is working great and/or the situation in your country change, you can change it to more public.
But you can't do the opposite.
ps: no trust in an anonymus project? Just two words: Satoshi Nakamoto
But you can't do the opposite.
ps: no trust in an anonymus project? Just two words: Satoshi Nakamoto
However, i live in a REAL UNHAPPY country, so the dilemma is: i want to show my identity, because i love bitcoin, i love this forum and also i really love my project, but my country for some strange reason does everything in his power to harm youth entrepreneurship.
Another thing to consider is how much trust exactly your project requires. If it's rather small sums, then you can probably get away with being anonymous. If it's something large - then probably not. Maybe you can tweak your operations somehow to decrease the amount of trust people need to grant you?
Also, consider opening a company in some offshore, but regulated, zone. It can be sort of a middle-ground solution for you.
So this is my fate: publish the site, show my identity, and fight against my government, as the bitcoin project itself teaches 
Websites that are anonymous do not have a good track record when Bitcoin is involved.
I would never keep much BTC on any anonymously run website and if I did I would certainly not do so for very long.
I would never keep much BTC on any anonymously run website and if I did I would certainly not do so for very long.
Thanks for replies
However, i live in a REAL UNHAPPY country, so the dilemma is: i want to show my identity, because i love bitcoin, i love this forum and also i really love my project, but my country for some strange reason does everything in his power to harm youth entrepreneurship.
However, i live in a REAL UNHAPPY country, so the dilemma is: i want to show my identity, because i love bitcoin, i love this forum and also i really love my project, but my country for some strange reason does everything in his power to harm youth entrepreneurship.
As a Bitcoin enthousiast I'd like not anonymous
As a Bitcoin developper I'd advise anonymous
As a Bitcoin developper I'd advise anonymous
It all depends on your country. I live in an "unhappy" one, so I understand your concerns.
On the other hand, being public gives you a lot of advantages in terms of trust and that's a big part that is rare in Bitcoin world.
So I'm afraid you are the one who will have to weigh the benefits vs risks of going open, based on how much screwed up your country is. After all, you live in it you should know better than any of us the risks associated with being public.
On the other hand, being public gives you a lot of advantages in terms of trust and that's a big part that is rare in Bitcoin world.
So I'm afraid you are the one who will have to weigh the benefits vs risks of going open, based on how much screwed up your country is. After all, you live in it
you should know better than any of us the risks associated with being public. Jump to: