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Topic: l0tt0.com - page 25. (Read 6142 times)

copper member
Activity: 230
Merit: 72
l0tt0.com
June 22, 2023, 11:52:41 AM
#91

Quote
this is our API: https://www.l0tt0.com/api/price.php
which you can view historic prices. it's 100% fair because at the end of the day even if you DON'T trust how I get the numbers- you can CLEARLY see that everyone is getting the SAME numbers. if we both play Quick Pick, and both bet on number 11, and both of us click place bet at the same time.. if the next price update (in 5 seconds) has 11 in the last 6 decimals (one of the three winning numbers of the game) we would both win. therefore there is no way I could show you one number and someone else another..
It's still possible to cheat: even if everyone gets the same numbers, you could pick numbers in such a way that you maximize your own profit. Say someone with a $10 bet should have won, but instead you make someone else with a $1 bet win.
[/quote]

Your argument falls apart if there are 50+ people playing. If I did what you said, I would be denying someone a win and most likely giving someone else one.. Anyhow, there is a house edge. Casino's don't have to cheat man.

Everyone gets the same winning numbers.. straight from the two largest exchanges.
copper member
Activity: 230
Merit: 72
l0tt0.com
June 22, 2023, 11:47:44 AM
#90
I love the design of this website already. It's just amazing and reminds me of 90's games man. I don't know, the theme looks like that way.

So you have three games so far, which are Quick Pick, Line Bingo, and High Low. They are as simple as they could be and easy to play on-site. Saw the Bitcoin price API synched with the timer. Makes it more authentic when playing it live.

Moreover, I understand that you have newly launched the game but I can see only two winners playing here that is Boxxob and Josh. Also, I can't see losses here. Are they not shown intentionally OR...?

Hope so you will shed some more light on the above questions.

You should also get a good thread designer and have an amazing ANN. Refer to other casinos and since you have already good UI you should launch with a grand entry. Good luck.

Interesting.. you want to see losing bets? thats something I can certainly do.
Maybe what I'll do is add two buttons, default shows activity and a second for leaderboard with top wins.

Thanks for the input, I'll add it to the list. It will be changed over the weekend. btw- I'm glad you like the design.... 90's baby.
legendary
Activity: 2018
Merit: 1108
June 22, 2023, 11:40:54 AM
#89
One thing I considered: What about using these decentralized exchanges / swap sites like Uniswap?
It doesn't change the problem of not being able to verify the exact same result.

Quote
Being used to provably fair, I agree it would be best if the results could be verified reliably. Unfortunately nothing comes to my mind how to keep the current, unique idea, but with provably fair results.
Combine block hashes (see for example bitmover's Giveaway Manager) with a seeding event (see for example RHavar's Provably Fair Seeding Event). It could be setup in such a way that results can be verified right after each new block was found. Or, now that I think about it, it could work entirely without block hashes and only use random data from the seeding event. I know it's not as cool as using Bitcoin price data, but I've never met anyone who uses that up to 16 decimals anyway.

I was mainly considering options that preserve the current idea which seems to be in a key role of the website.

But yes, that would be an option and I think worth considering.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
June 22, 2023, 11:36:20 AM
#88
One thing I considered: What about using these decentralized exchanges / swap sites like Uniswap?
It doesn't change the problem of not being able to verify the exact same result.

Quote
Being used to provably fair, I agree it would be best if the results could be verified reliably. Unfortunately nothing comes to my mind how to keep the current, unique idea, but with provably fair results.
Combine block hashes (see for example bitmover's Giveaway Manager) with a seeding event (see for example RHavar's Provably Fair Seeding Event). It could be setup in such a way that results can be verified right after each new block was found. Or, now that I think about it, it could work entirely without block hashes and only use random data from the seeding event. I know it's not as cool as using Bitcoin price data, but I've never met anyone who uses that up to 16 decimals anyway.
legendary
Activity: 2018
Merit: 1108
June 22, 2023, 11:29:39 AM
#87
I considered setting something up to keep my own file of l0tt0.com results so that users could verify from my version that the results on l0tt0.com were the same for them as they have been for me. I think the best would be if us players could fetch the same details from Coinmarketcap and Coingecko and verify the results that way. I considered possibility of setting something like that up too but I cannot dish out cash for paid API personally for that.
Even with API access, you'll never be able to fetch the data at exactly the same time as l0tt0 does.
I actually got here after seeing your signature campaign thread, and the part about the 16th decimal made me curious.

That's true. The results would vary based on how often the two APIs update their result. l0tt0.com only updates their price every 5 seconds which would be enough time to fetch a result as long as it's same on the source (Coingecko or Coinmarketcap).


Quote
Quote
I guess it is a bit of a blackbox how Coingecko comes up with the result. As far as I understand they also use the Coinmarketcap API. And in both cases they use a paid API so we cannot see the results for free.
I think that's a bad basis to start from, for something that could otherwise be a nice (and unique) site.

Being used to provably fair, I agree it would be best if the results could be verified reliably. Unfortunately nothing comes to my mind how to keep the current, unique idea, but with provably fair results. I think it'd atleast be cool if we could reliably view results from Coinmarketcap and Coingecko.

One thing I considered: What about using these decentralized exchanges / swap sites like Uniswap?
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
June 22, 2023, 11:21:37 AM
#86
I considered setting something up to keep my own file of l0tt0.com results so that users could verify from my version that the results on l0tt0.com were the same for them as they have been for me. I think the best would be if us players could fetch the same details from Coinmarketcap and Coingecko and verify the results that way. I considered possibility of setting something like that up too but I cannot dish out cash for paid API personally for that.
Even with API access, you'll never be able to fetch the data at exactly the same time as l0tt0 does.
I actually got here after seeing your signature campaign thread, and the part about the 16th decimal made me curious.

Quote
I guess it is a bit of a blackbox how Coingecko comes up with the result. As far as I understand they also use the Coinmarketcap API. And in both cases they use a paid API so we cannot see the results for free.
I think that's a bad basis to start from, for something that could otherwise be a nice (and unique) site.
legendary
Activity: 2018
Merit: 1108
June 22, 2023, 11:14:39 AM
#85
@dewez: please fix your quote.

https://api.coingecko.com/api/v3/simple/price?ids=bitcoin&vs_currencies=USD&precision=18
there is the public facing api-goes to I think 11, 16 char is normally the high end of precision... the reason that public one has 11 decimals because there are 5 digits before the decimal point.. which takes 5 from 16, thus 11. We have a custom production one. same with marketcap.
Your link shows 12 decimals, but the question remains the same: where does it come from? It's not as if the last decimals are "live", the price changes only every few seconds, and when it does, all decimals change. So it makes absolutely no sense to go that "accurate", and I can't find how CoinGecko comes to this result.

Quote
this is our API: https://www.l0tt0.com/api/price.php
which you can view historic prices. it's 100% fair because at the end of the day even if you DON'T trust how I get the numbers- you can CLEARLY see that everyone is getting the SAME numbers. if we both play Quick Pick, and both bet on number 11, and both of us click place bet at the same time.. if the next price update (in 5 seconds) has 11 in the last 6 decimals (one of the three winning numbers of the game) we would both win. therefore there is no way I could show you one number and someone else another..
It's still possible to cheat: even if everyone gets the same numbers, you could pick numbers in such a way that you maximize your own profit. Say someone with a $10 should have won, but instead you make someone else with a $1 bet win.

I guess it is a bit of a blackbox how Coingecko comes up with the result. As far as I understand they also use the Coinmarketcap API. And in both cases they use a paid API so we cannot see the results for free.

I considered setting something up to keep my own file of l0tt0.com results so that users could verify from my version that the results on l0tt0.com were the same for them as they have been for me. I think the best would be if us players could fetch the same details from Coinmarketcap and Coingecko and verify the results that way. I considered possibility of setting something like that up too but I cannot dish out cash for paid API personally for that.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
June 22, 2023, 11:07:36 AM
#84
@dewez: please fix your quote.

https://api.coingecko.com/api/v3/simple/price?ids=bitcoin&vs_currencies=USD&precision=18
there is the public facing api-goes to I think 11, 16 char is normally the high end of precision... the reason that public one has 11 decimals because there are 5 digits before the decimal point.. which takes 5 from 16, thus 11. We have a custom production one. same with marketcap.
Your link shows 12 decimals, but the question remains the same: where does it come from? It's not as if the last decimals are "live", the price changes only every few seconds, and when it does, all decimals change. So it makes absolutely no sense to go that "accurate", and I can't find how CoinGecko comes to this result.

Quote
this is our API: https://www.l0tt0.com/api/price.php
which you can view historic prices. it's 100% fair because at the end of the day even if you DON'T trust how I get the numbers- you can CLEARLY see that everyone is getting the SAME numbers. if we both play Quick Pick, and both bet on number 11, and both of us click place bet at the same time.. if the next price update (in 5 seconds) has 11 in the last 6 decimals (one of the three winning numbers of the game) we would both win. therefore there is no way I could show you one number and someone else another..
It's still possible to cheat: even if everyone gets the same numbers, you could pick numbers in such a way that you maximize your own profit. Say someone with a $10 bet should have won, but instead you make someone else with a $1 bet win.
legendary
Activity: 2968
Merit: 3684
Join the world-leading crypto sportsbook NOW!
June 22, 2023, 09:50:13 AM
#83
@OP Right, I understand why blocktime's not used then. Still, say the blocktimes for Ethereum might be an improvement (12 seconds still too slow?) or as Loyce suggests, crash seed events -- probably not going to concern most people but it pays off to be provably fair from the start!

Don't really agree with guys like so98nn about needing more attractive designs. Belatedly, this reminds me of a dust lottery many years ago which won some guy a lot of money for mere sats. Simplicity is king when it comes to these kinds of satoshi games (but dark mode, I concur, is helpful).

hero member
Activity: 2114
Merit: 603
June 22, 2023, 09:39:22 AM
#82
I love the design of this website already. It's just amazing and reminds me of 90's games man. I don't know, the theme looks like that way.

So you have three games so far, which are Quick Pick, Line Bingo, and High Low. They are as simple as they could be and easy to play on-site. Saw the Bitcoin price API synched with the timer. Makes it more authentic when playing it live.

Moreover, I understand that you have newly launched the game but I can see only two winners playing here that is Boxxob and Josh. Also, I can't see losses here. Are they not shown intentionally OR...?

Hope so you will shed some more light on the above questions.

You should also get a good thread designer and have an amazing ANN. Refer to other casinos and since you have already good UI you should launch with a grand entry. Good luck.
sr. member
Activity: 1764
Merit: 260
Binance #SWGT and CERTIK Audited
June 22, 2023, 09:39:00 AM
#81
Your site looks very "old" with the graphics and fonts coming from the old Builtin board days. I looks like the ancient arcade games that I played when I was still very young.

It might sound if I am harsh, but I am just brutally honest and I hope you see this as constructive criticism. I do not know if you are deliberately going for a 80s look, but I think it is too dated, compared with your competition.  Roll Eyes Huh
I do not think that they will feel about your comment. I personally understood your concern, but I am sure that they intended to use that design & theme.
The design is kind of oldy however the site is very responsive. I believe that a site should only be perceived as "old" if it doesn't follow the current design practices, that includes the responsiveness of the website with different screen sizes.
copper member
Activity: 230
Merit: 72
l0tt0.com
June 22, 2023, 08:51:25 AM
#80
The project has instant games with a unique take on where the winning numbers come from . They're taken from the last decimals of Bitcoin's USD price. We source our price information from two esteemed platforms, CoinGecko and CoinMarketCap. We have custom API's which deliver us updates every 10 seconds. We call one, sleep 5, then call the other. each is added with the last and divided by two. Thus giving us a steady price update every 5 second, going down to the 16th decimal.
Can you share exactly how I could reproduce your 16 decimals? I've only seen Bitcoin prices with 2 decimals in dollars, and that's what most (if not all) exchanges use too.
It doesn't look like this can be made provably fair, which means it's trivially easy for you to cheat. I'm not saying you're cheating, but if it's not provably fair, players can never know for sure.

https://api.coingecko.com/api/v3/simple/price?ids=bitcoin&vs_currencies=USD&precision=18
there is the public facing api-goes to I think 11, 16 char is normally the high end of precision... the reason that public one has 11 decimals because there are 5 digits before the decimal point.. which takes 5 from 16, thus 11. We have a custom production one. same with marketcap.

this is our API: https://www.l0tt0.com/api/price.php
which you can view historic prices. it's 100% fair because at the end of the day even if you DON'T trust how I get the numbers- you can CLEARLY see that everyone is getting the SAME numbers. if we both play Quick Pick, and both bet on number 11, and both of us click place bet at the same time.. if the next price update (in 5 seconds) has 11 in the last 6 decimals (one of the three winning numbers of the game) we would both win. therefore there is no way I could show you one number and someone else another..

We log every one of our price updates and give you full access to them.


But why not an even better "random" alternative directly from the Bitcoin blockchain? Hash results, even total BTC block fee for even easier reading (which I last trialled for a giveaway).
i thought of that.. but thats every 10 minutes.
l0tt0's games are instant.. so that 5 seconds inbetween games is key.
One way to creating multiple rolls per Bitcoin block would be by mixing it with some sort of crash seeding event. At least that would make it provably fair, although the cut-off for new blocks, especially if you get an orphaned block, will still be tricky.



As for the wallet, thats not a bad idea.. but I could be posting anyone's wallet.
That's what signed messages are for.

Yes thats very true. I will post a wallet address. It's just a pain in the ass because a production wallet isn't like your personal wallet... I have over 500+ addresses with coins spread out across them. Consolidating them into one address would cost a lot in fees, and they would just naturally keep spreading out.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
June 22, 2023, 05:14:03 AM
#79
The project has instant games with a unique take on where the winning numbers come from . They're taken from the last decimals of Bitcoin's USD price. We source our price information from two esteemed platforms, CoinGecko and CoinMarketCap. We have custom API's which deliver us updates every 10 seconds. We call one, sleep 5, then call the other. each is added with the last and divided by two. Thus giving us a steady price update every 5 second, going down to the 16th decimal.
Can you share exactly how I could reproduce your 16 decimals? I've only seen Bitcoin prices with 2 decimals in dollars, and that's what most (if not all) exchanges use too.
It doesn't look like this can be made provably fair, which means it's trivially easy for you to cheat. I'm not saying you're cheating, but if it's not provably fair, players can never know for sure.

But why not an even better "random" alternative directly from the Bitcoin blockchain? Hash results, even total BTC block fee for even easier reading (which I last trialled for a giveaway).
i thought of that.. but thats every 10 minutes.
l0tt0's games are instant.. so that 5 seconds inbetween games is key.
One way to creating multiple rolls per Bitcoin block would be by mixing it with some sort of crash seeding event. At least that would make it provably fair, although the cut-off for new blocks, especially if you get an orphaned block, will still be tricky.



As for the wallet, thats not a bad idea.. but I could be posting anyone's wallet.
That's what signed messages are for.
hero member
Activity: 1036
Merit: 674
June 21, 2023, 06:51:12 PM
#78

it's 5 to start. that will grow for sure. we want to get quality and build long term relationships with our sig people. it would be just silly to start with 20... the only reason to do that is to be loud.. i'm not loud, i'm strategic and in this for the long haul. ...time and pressure.
There is always room for a start and this you have done and reputation is something that take time to archive and this you would archive as well if your able to pay your customers and maintain a good customer care operation. Issue resolution is where it gets bad for most gambling service offerers.

Clearly, from the few you've stated, you understand what your doing and h  crafted it in a way that would he accommodating for your resource and plans. Nice one, nice campaign and welcome to bitcointalkforum where all the crypto innovation is brith and projected to the crypto space.
Hope the casino gains the spotlight it needs with the much you've got.
copper member
Activity: 230
Merit: 72
l0tt0.com
June 21, 2023, 05:23:30 PM
#77
No min for deposit or withdraw (withdraws just have to cover the feerate)
^That is a good feature that you have and I hope all casinos are the same as this way.
But probably if you have bonuses and promotions soon, it is good if there is a minimum required before you can withdraw to avoid abusing those promos.
By the way, upon looking at your casino, I saw there that there is a Previous Winners, can you clarify what those amounts are there? The amount they won or the amount they bet?
Welcome to the forum and good to see you are very active answering questions.

The amount they won.
hero member
Activity: 2590
Merit: 644
June 21, 2023, 05:18:40 PM
#76
No min for deposit or withdraw (withdraws just have to cover the feerate)
^That is a good feature that you have and I hope all casinos are the same as this way.
But probably if you have bonuses and promotions soon, it is good if there is a minimum required before you can withdraw to avoid abusing those promos.
By the way, upon looking at your casino, I saw there that there is a Previous Winners, can you clarify what those amounts are there? The amount they won or the amount they bet?
Welcome to the forum and good to see you are very active answering questions.
copper member
Activity: 230
Merit: 72
l0tt0.com
June 21, 2023, 05:13:52 PM
#75
Hello,

I just launched my new website. https://www.l0tt0.com

The project has instant games with a unique take on where the winning numbers come from . They're taken from the last decimals of Bitcoin's USD price. We source our price information from two esteemed platforms, CoinGecko and CoinMarketCap. We have custom API's which deliver us updates every 10 seconds. We call one, sleep 5, then call the other. each is added with the last and divided by two. Thus giving us a steady price update every 5 second, going down to the 16th decimal. Our games take their winning numbers from the last 5 to 6 decimals. It's certainly a unique and truly random number set. We have a public price API so everyone can see our updates.

I'm very excited to hear your thoughts and feedback. We are starting a small signature campaign this week. I'm starting this thread to introduce the project and to have a place to handle any questions/concerns/comments.


Thanks so much,

Josh
Welcome into this forum Lotto.com!

I've seen this one because of the current signature campaign that you are running. If you are just making this as an ANN thread then make it look better.
Able to post up some image just to make your ANN thread looks nice https://bitcointalksearch.org/topic/m.24371150
First impression does last and this is why its better to make it more colorful or something interesting.

Just to tell you this that Lotto type of games arent really that getting that much attention. Lots had tried but most of them close their doors.
I've seen that this one is really just that similar to binary options which is interesting but i highly doubt that there would be lots of people would be interested into that. Good luck!

I will post something more flashy in the days to come.. think of this as a soft launch.
As for your comment, you have to look at the site and our games first. because they are instant games. But I do agree with you- lottery style drawing sites dont work... but l0tt0 isn't like that.
instant instant instant.. pow pow pow. Binary who? heh.
sr. member
Activity: 2226
Merit: 347
June 21, 2023, 04:59:25 PM
#74
Hello,

I just launched my new website. https://www.l0tt0.com

The project has instant games with a unique take on where the winning numbers come from . They're taken from the last decimals of Bitcoin's USD price. We source our price information from two esteemed platforms, CoinGecko and CoinMarketCap. We have custom API's which deliver us updates every 10 seconds. We call one, sleep 5, then call the other. each is added with the last and divided by two. Thus giving us a steady price update every 5 second, going down to the 16th decimal. Our games take their winning numbers from the last 5 to 6 decimals. It's certainly a unique and truly random number set. We have a public price API so everyone can see our updates.

I'm very excited to hear your thoughts and feedback. We are starting a small signature campaign this week. I'm starting this thread to introduce the project and to have a place to handle any questions/concerns/comments.


Thanks so much,

Josh
Welcome into this forum Lotto.com!

I've seen this one because of the current signature campaign that you are running. If you are just making this as an ANN thread then make it look better.
Able to post up some image just to make your ANN thread looks nice https://bitcointalksearch.org/topic/m.24371150
First impression does last and this is why its better to make it more colorful or something interesting.

Just to tell you this that Lotto type of games arent really that getting that much attention. Lots had tried but most of them close their doors.
I've seen that this one is really just that similar to binary options which is interesting but i highly doubt that there would be lots of people would be interested into that. Good luck!
copper member
Activity: 230
Merit: 72
l0tt0.com
June 21, 2023, 04:57:21 PM
#73
Hey @dewez, congratulations on launching your new l0tt0 website! I must admit that you've come up with an interesting concept for your games. I've never heard of someone using the last decimals of Bitcoin's price to determine the winning numbers before, and this definitely adds a unique twist to the traditional lottery format. I gotta check this out more to see how it works and what's the process to confirm the results.

Your site looks very "old" with the graphics and fonts coming from the old Builtin board days. I looks like the ancient arcade games that I played when I was still very young.

It might sound if I am harsh, but I am just brutally honest and I hope you see this as constructive criticism. I do not know if you are deliberately going for a 80s look, but I think it is too dated, compared with your competition.  Roll Eyes Huh

I think they intentionally created a retro feel for the brand in order to stand out from competitors.


Let us say, he really did intentionally create such retro feel, however, earning credibility would still take time.
From the dashboard of the 3 games, it seems only couple of persons tried their site, so maybe, they are all part of the team.
But checking above, seems some here already tried their site. Now, the challenge is to attract users to try their site.

@OP, how much is your minimum deposit/withdrawal on your site?
Are you planning to add other alts like LTC or doge in the future even if your site says bitcoin lottery?

No min for deposit or withdraw (withdraws just have to cover the feerate)
full member
Activity: 1708
Merit: 126
June 21, 2023, 04:56:53 PM
#72
Welcome and congratulations for launching your new project. I have tried to check your site and I think there are a few things that you have to polish especially the graphics. Just try to make it more attractive so you can easily catch the interest of most players. Also, you can try to create a formal ANN thread about your casino where you could answer queries and post updates about your events there. It will be easier for players to reach out to you there if ever they would have concerns and questions. You can check the ANN thread of other casinos so you'll have an idea.
I've seen that you have just started running a signature campaign. I hope that things will work well for you and your team. I wish you good luck and may you handle the challenges well.
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