Yes the site is provably fair however ..
I don't understand why you have don't believe me somehow. I find it very frustrating that you, as "Legendary" member, are trying to defend this guy. You keep repeating that this site is provably fair, even though I explained you
1 month ago(!) that this site is not provably fair. You are effectively helping his scam.
I will repeat:
This site is NOT provably fair.The result calculation includes a timestamp but transactions don't have a fixed timestamp. Therefor the site owner can just make the timestamp a second later and generate a completely different outcome. Remember: you are not betting on a bitcoin price here. The price is only 1 part of the hash calculation resulting into a "odd/even" result.
I could copy this site's "provably fair method" and generate a losing result 100% of the time - that will still "verify" correctly.
ExampleSee this relatively big loss of
BTC0.05 on crazybtrade.com:
1484500402 1kZf5u4Dmpndi5AqdwzZpbKoFEv5EmMgZ 5512.88 500321.83790000 0.05 0 a02974f0a657c5eddac1ba337edfe6697bb643375eb7ede8df0d6c851d51054a
Timestamp 1484500402 = Sun Jan 15 17:13:
22 2017 UTC
If you look at the transaction on blocktrail:
https://www.blocktrail.com/BTC/tx/0ea617a32f00d73d2e6d48d12adc08e60182ae12efab336dc965bbae6861f047Received Time: Sunday, January 15th 2017, 17:13:
25Can you see, how blocktrail got this transactions a few seconds later? Do you realize there is no way for us to verify which timestamp is correct?
Let's calculate the results with those 2 different timestampsFirst result of crazybtrade, SHA-256 of:
5512.88:1484500402:500321.83790000:0ea617a32f00d73d2e6d48d12adc08e60182ae12efab336dc965bbae6861f047
=
a02974f0a657c5eddac1ba337edfe6697bb643375eb7ede8df0d6c851d51054a
Since the first number is a 0 - and the bet was on "odd", the result is a
loss.
Let's see what happens if we change the timestamp to the one on blocktrail (a trusted block explorer):
5512.88:1484500402:500321.83790000:0ea617a32f00d73d2e6d48d12adc08e60182ae12efab336dc965bbae6861f047
=
74e433caa458264a3e3f6b85baeb7d3502b23985c8db0c8ffcc5e51520ec19d6
Since the first number is a 7 - and the bet was on "odd", the result is a
win. So that player could have won according to the time of the trusted block explorer Blocktrail.
Note: there is no pattern between timestamp and result, every timestamp would simply generate a completely new random result. Since 0-20 second delays are normal at the bitcoin network, there are enough tries to basically guarantee a loss.
Like I said already 1+ month ago. This site is not provably fair. The site script can just cherry-pick a timestamp to make big bets lose. There is no way for us to know. And the SHA-256 result calculation will still verify according to his method.
If he really is the same scammer as that RollinCoin guy, this is an interesting development. On RollinCoin he faked the hashes to be a losing result. Since that site had a decent provably fair method - we actually could detect he was rigging the results and therefor see that he was scamming his players (and stop it by warning them.)
However with this new "provably fair calculation", "rigging the results" literally cannot be detected - since it's not provably fair in the first place. Pretty smart in a way I guess. Or maybe people like this "Legendary" member can just stop spreading the misinformation of the claim of provably fair so people might stop putting their money to this scam site.