Topic: [OLD][CSC]CasinoCoin ♠ A Digital Currency For The Regulated Online Gaming Sector - page 155. (Read 343080 times)

Very nice, cant wait to see in action

yes. The concept is simple. It's parimutuel betting in btc, ltc, and csc. The site matches up two users with equal bets. Each provides a seed string when they place the bet. This is combined with a nonce and a server seed which is published and changed every 100 bets. So it goes for the whole provably fair concept. Once a winner is decided, he's paid the full payout. The house has no edge and doesn't take any cut for the game. So, if both players bet 1 BTC then the winner gets paid 2 BTC. This is true for BTC, LTC, and CSC.

The only fees charged will be maybe 2% of BTC or LTC withdrawals. No charge for CSC withdrawals. I'm polishing everything up now and I'm working on implementing a feature whereby the fees collected from BTC/LTC withdrawals are passed as jackpots or bonuses to players who play in CSC. I'm still working out how to structure this right now.

What do you guys think?

Good, did you build one yourself?

I ordered up some paid graphics design for the gambling site. Looks like I'll be hosting it in costa rica.

BTC down LTC down CSC up hmmm guess people using cheap coins to stock up

i'll msg him. i have his contact info.

Quiet times, any news on casinocoin coming back for updates?

Excellent AJOchems did a great job on it as I remember

Everything works as promised.

How did it go?

Thanks. I somehow missed it. Will install it and test if everything works as it should be.

BTW, I started working on building a gaming concept whereby users open an account and can make deposits. Bets of fixed amounts are placed via api or through the website. So it'll support scripting easily. When a player bets, he submits a string to be used as a seed. When two bets from different players with the same amount are received, they are paired to form a game.

The game consists of combining each players seed with the server session seed. A sha256 hash is taken of these values. Then the ordinal value of each character is summed. If the resulting value is even, player 1 wins. If odd, player 2 wins.The total amount bet for the game goes to the winner. No fee is taken for the game.

It doesn't get much simpler than that. To support the site, we'll collect a small percentage of any withdrawals, like 1%.

To keep everything fair, we'll publish the server seed when it expires every couple hundred games or so, and also update the results for each game with all the math used to generate the result.

Once this is done, I'll distribute the code.  If anyone is interested in hosting one of these sites, we can maybe have a support site where the sites are tracked, fee variations are listed, and customers can rate those sites.

What are your thoughts? I think setting up API gaming for casinocoin as a parimutuel game with no operator fee would create a unique advantage for gaming in CSC over BTC. All the BTC sites I know of charge fees per game or have a slight advantage over them. Hell, if you want we can run it for BTC and pump the fees collected from BTC withdrawal into cryptsy to buy CSC and give those CSC to players on the CSC sites as some sort of jackpot/bonus.

What are your thoughts? ANy suggestions?

Also, would people be able to help with translating the site into different languages?
http://money.cnn.com/2015/08/02/technology/china-bitcoin/

we already have a wallet for android. I believe it was release last year.

Here's the link:
https://play.google.com/store/apps/details?id=org.casinocoin.wallet

Yes, most of them have.

So, CSC is looking for volunteers/enthusiasts/investors who can help to move this coin forward. CSC is a great brand name and has huge potential, if thinking about casinos.

This should be possible, other crypto currencies have ios and android wallets i guess? I'm a web developer and have no experience in ios/andriod development. Maybe someone else? I think we should collect some CSC to bring in people to help us with the development of the qt in the first place. Get all recent updates to have a solid application?

Host the site in another country. That's the easiest solution.

Gambling APP would be great. Maybe like GoldSeal said that if You can make somehow 0 fee betting, then it would be legal...

Casinocoin, also change the name of this topic, as CSC is now 2+ years old.

Spakler, is it possible to create iOS and android wallets?

That is also a problem, because i am able to setup some gambling app/website, but due to regulations in my country, it would not be legal. Any ideas to get such a thing up and running legally?

One issue with this coin is the lack of outlets to actually gamble with the coin. One thing I've been positing is the creation of 0 fee paramutual betting and other dice type games.

Having these types of games in the wild would surely increase activity and would be an advantage over bitcoin gambling sites that all have fees.

Correct. Constant updates here, reddit and maybe in social media. Also we need some more enthusiasts like GoldSeal (and Casinocoin again I hope) who is willing to move this coin forward both in development and awareness side. Maybe first we should think about what are we trying to achieve with this coin...

As we know all can't be done by one person, then we need:

Developers (GoldSeal, Casinocoin, ...).
Marketing and PR people who can constantly update and manage reddit, twitter, facebook and other sites including this one here (..........?)
Web developers for updating home page, maybe to create an APP, ....?
Designers for maybe updating the brand (new logo, banners, payment buttons,.....?
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