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Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 166. (Read 1234286 times)

full member
Activity: 630
Merit: 103
still not safe for big bets. You need to hope that oracle doesn't take your bet. In case of a big loss he can post  fake results in the DAG

The probability of this event is negligible compared to the probability that the team you chose actually loses.
this is not trustless. Like an ordinary bookie. The pain of centralization moved from administrator of the bookie to oracle, The probability depends on the volume and the greed of oracle. No one knows will it happens at $1m or 100m or 10k volume. There is also the risk of hacking an oracle

You can use several oracles in a same contract.
this is impossible, because in case of their disagreement, you can't come to a single result
full member
Activity: 349
Merit: 132
still not safe for big bets. You need to hope that oracle doesn't take your bet. In case of a big loss he can post  fake results in the DAG

The probability of this event is negligible compared to the probability that the team you chose actually loses.
this is not trustless. Like an ordinary bookie. The pain of centralization moved from administrator of the bookie to oracle, The probability depends on the volume and the greed of oracle. No one knows will it happens at $1m or 100m or 10k volume. There is also the risk of hacking an oracle

You can use several oracles in a same contract.

But in the moment we have only one sport oracle, or?
What is with the smart contract, if a game is cancel?
full member
Activity: 346
Merit: 107
still not safe for big bets. You need to hope that oracle doesn't take your bet. In case of a big loss he can post  fake results in the DAG

The probability of this event is negligible compared to the probability that the team you chose actually loses.
this is not trustless. Like an ordinary bookie. The pain of centralization moved from administrator of the bookie to oracle, The probability depends on the volume and the greed of oracle. No one knows will it happens at $1m or 100m or 10k volume. There is also the risk of hacking an oracle

You can use several oracles in a same contract.
full member
Activity: 630
Merit: 103
still not safe for big bets. You need to hope that oracle doesn't take your bet. In case of a big loss he can post  fake results in the DAG

The probability of this event is negligible compared to the probability that the team you chose actually loses.
this is not trustless. Like an ordinary bookie. The pain of centralization moved from administrator of the bookie to oracle, The probability depends on the volume and the greed of oracle. No one knows will it happens at $1m or 100m or 10k volume. There is also the risk of hacking an oracle
full member
Activity: 346
Merit: 107
still not safe for big bets. You need to hope that oracle doesn't take your bet. In case of a big loss he can post  fake results in the DAG

The probability of this event is negligible compared to the probability that the team you chose actually loses.
full member
Activity: 630
Merit: 103

That's pretty cool, good job. Are there any statistics available for the usage of the betting-bot? Interested to know if it comes close to the average betting crypto betting sites and if people are able to find their way to the bot or that some marketing might be a good idea to stimulate the usage.

So far 3890 bets have been made through the betting-bot for 8 months of activity, it's certainly far from well known betting sites and of course any marketing is welcomed.
At the beginning the activity was really weak but nothing was really mature and some problems were to be fixed both on sports-oracle and betting-bot. Now everything runs quite smoothly and there is a nice growing trend than began 1 month ago when makers were offered the possibility to automatize their odds offers placement (check https://github.com/Papabyte/betting-bot-API).
With the World Cup, we have now around 60 unique users every single day. I hope that at this point the word will spread and we will see more grow. After all some ICOs get millions to create trustless betting platforms and we are still waiting for their delivery. But thanks to the efficiency and simplicity of Byteball, a one guy army was able to propose such a platform with an unbeatable easiness and extremely low fees.
One issue left is that for now the platform is not trustless for makers, but I have some idea to fix that in a way that is only possible with Byteball.
still not safe for big bets. You need to hope that oracle doesn't take your bet. In case of a big loss he can post  fake results in the DAG
full member
Activity: 460
Merit: 100
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Will it be able to restore the price of over $ 1,000 for a coin so that I can recoup my bad investments?
sr. member
Activity: 406
Merit: 250
The value of GBYTE in 12 months depends on the number of new actual users and what they do to promote the platform. I think that's something to keep in mind
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★

That's pretty cool, good job. Are there any statistics available for the usage of the betting-bot? Interested to know if it comes close to the average betting crypto betting sites and if people are able to find their way to the bot or that some marketing might be a good idea to stimulate the usage.

So far 3890 bets have been made through the betting-bot for 8 months of activity, it's certainly far from well known betting sites and of course any marketing is welcomed.
At the beginning the activity was really weak but nothing was really mature and some problems were to be fixed both on sports-oracle and betting-bot. Now everything runs quite smoothly and there is a nice growing trend than began 1 month ago when makers were offered the possibility to automatize their odds offers placement (check https://github.com/Papabyte/betting-bot-API).
With the World Cup, we have now around 60 unique users every single day. I hope that at this point the word will spread and we will see more grow. After all some ICOs get millions to create trustless betting platforms and we are still waiting for their delivery. But thanks to the efficiency and simplicity of Byteball, a one guy army was able to propose such a platform with an unbeatable easiness and extremely low fees.
One issue left is that for now the platform is not trustless for makers, but I have some idea to fix that in a way that is only possible with Byteball.

3890 bets in 8 months? That is less than 15 bets a day. We still have a long way to go.
The World Cup is just what we need to really take off. Hopefully the 60 unique users that we are getting now will stick around after the World Cup gets over.
full member
Activity: 346
Merit: 107
I am one of the 60 unique users  Grin
but after i set a bet to "germany vs mexico tomorrow",
the game has disappeared.

No other guy can set a bet for this game.
You can find it only with enter in the bot:
Quote
GERMANY_MEXICO_2018-06-17§1 win
or GERMANY_MEXICO_2018-06-17§2 draw
or GERMANY_MEXICO_2018-06-17§3 lose

why?

Thanks for your finding. It's a bug that can happen when an outcome is out of liquidity, I will fix it tomorrow.
full member
Activity: 349
Merit: 132

That's pretty cool, good job. Are there any statistics available for the usage of the betting-bot? Interested to know if it comes close to the average betting crypto betting sites and if people are able to find their way to the bot or that some marketing might be a good idea to stimulate the usage.

So far 3890 bets have been made through the betting-bot for 8 months of activity, it's certainly far from well known betting sites and of course any marketing is welcomed.
At the beginning the activity was really weak but nothing was really mature and some problems were to be fixed both on sports-oracle and betting-bot. Now everything runs quite smoothly and there is a nice growing trend than began 1 month ago when makers were offered the possibility to automatize their odds offers placement (check https://github.com/Papabyte/betting-bot-API).
With the World Cup, we have now around 60 unique users every single day. I hope that at this point the word will spread and we will see more grow. After all some ICOs get millions to create trustless betting platforms and we are still waiting for their delivery. But thanks to the efficiency and simplicity of Byteball, a one guy army was able to propose such a platform with an unbeatable easiness and extremely low fees.
One issue left is that for now the platform is not trustless for makers, but I have some idea to fix that in a way that is only possible with Byteball.

I am one of the 60 unique users  Grin
but after i set a bet to "germany vs mexico tomorrow",
the game has disappeared.

No other guy can set a bet for this game.
You can find it only with enter in the bot:
Quote
GERMANY_MEXICO_2018-06-17§1 win
or GERMANY_MEXICO_2018-06-17§2 draw
or GERMANY_MEXICO_2018-06-17§3 lose

why?
hero member
Activity: 896
Merit: 500
can someone make tutorials on youtube how to use all the features of byteball? that would be helpful to everyone interested and invested
full member
Activity: 346
Merit: 107

That's pretty cool, good job. Are there any statistics available for the usage of the betting-bot? Interested to know if it comes close to the average betting crypto betting sites and if people are able to find their way to the bot or that some marketing might be a good idea to stimulate the usage.

So far 3890 bets have been made through the betting-bot for 8 months of activity, it's certainly far from well known betting sites and of course any marketing is welcomed.
At the beginning the activity was really weak but nothing was really mature and some problems were to be fixed both on sports-oracle and betting-bot. Now everything runs quite smoothly and there is a nice growing trend than began 1 month ago when makers were offered the possibility to automatize their odds offers placement (check https://github.com/Papabyte/betting-bot-API).
With the World Cup, we have now around 60 unique users every single day. I hope that at this point the word will spread and we will see more grow. After all some ICOs get millions to create trustless betting platforms and we are still waiting for their delivery. But thanks to the efficiency and simplicity of Byteball, a one guy army was able to propose such a platform with an unbeatable easiness and extremely low fees.
One issue left is that for now the platform is not trustless for makers, but I have some idea to fix that in a way that is only possible with Byteball.
hero member
Activity: 924
Merit: 526
GIF by SOCIFI
To celebrate the World-Cup, the betting-bot has been translated in several languages.



Please spread the word in your language!

That's pretty cool, good job. Are there any statistics available for the usage of the betting-bot? Interested to know if it comes close to the average betting crypto betting sites and if people are able to find their way to the bot or that some marketing might be a good idea to stimulate the usage.
full member
Activity: 346
Merit: 107
To celebrate the World-Cup, the betting-bot has been translated in several languages.



Please spread the word in your language!
newbie
Activity: 126
Merit: 0
i have a question with the name attestation ... the money to user and referer will be pay in one year Huh
sr. member
Activity: 510
Merit: 260
Blackbytes Bytes Exchange BEEB is offering you 1,000,000 Bytes!

Trade BlackBytes on BEEB! - https://beeb-bot.com



Note: the following link can be claimed only once.

Here is your link to receive 1,000,000 Bytes: https://www.beeb-bot.com/textcoinclaim.php#textcoin?blame-lizard-reveal-pride-punch-alter-share-put-piano-blossom-old-rib
newbie
Activity: 42
Merit: 0
Nice and great idea I like the project.. also where is the windows wallet
full member
Activity: 546
Merit: 122
Real name attestation bot reactivated, now it pays rewards to smart contracts
https://medium.com/byteball/distribution-to-verified-users-and-referrals-episode-ii-29b6f1cd4ecc
This is so cool! The devs concentrate their work to increase adoption with a wide range of features. I personally like experiments in crypto sphere.
full member
Activity: 349
Merit: 132
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