Topic: Private Key Challenege - Winner takes 99% or 0.025 btc which ever is bigger (Read 1262 times)
July 17, 2014, 08:13:27 AM
I lowered the max possible guesses to 100 and the bet size.
July 16, 2014, 03:38:59 PM
I see your point. I will set the minimum payout at 0.025 btc regardless of the balance at the address.
July 16, 2014, 04:57:17 AM
So far you have a grand pot of 0btc so I bet to see if I win back my money minus 1% 
July 13, 2014, 10:22:23 AM
Check out this thread for more info on escrow https://bitcointalksearch.org/topic/r-2win-a-christmas-cruise-to-caribbean-for-8-people-coming-soon-luckysatoshi-687602 particularly the post by DannyHamilton.
July 13, 2014, 10:06:46 AM
There are trusted escrows on this board who have handled transactions in the thousands of dollars. Check out some of them and read their trust reviews. While yes there is a chance they may run off with the money it is highly unlikely since they usually make money here and would not ruin their reputation/rating over a few hundred or even a thousand.
July 13, 2014, 09:53:44 AM
I would say ok with escrow, but who or what will do this and why do I/we trust them?
July 13, 2014, 09:50:25 AM
How do people know you won't just keep the money? Have you successfully run a contest here before where the winner got paid out?
Why not let escrow control the wallet and make payouts, take out a percentage for yourself and escrow and everyone wins.
Why not let escrow control the wallet and make payouts, take out a percentage for yourself and escrow and everyone wins.
July 13, 2014, 09:36:23 AM
Each guess is made by sending 0.001 + 0.000000## BTC
Example private key: 5811c8addb66aeebc724cb0fdda6a58dae5863134ce0f28513143085921a7e46
So you would send 0.00100056 btc
5 hex = 5 decimal
6 hex = 6 decimal
Winner takes 99% of the balance.
Send to address: https://blockchain.info/address/1Phi5dnSQHcgBVdzCYUawJ8gtB2YnGxmLc
Any guess made after the winning guess (based on the block it was added to the blockchain) will be refunded minus any tx fees.
Winner will get funds sent to their address they sent from. Also once the address has been emptied I will post the private key.
Minimum payout regardless of address balance will be 0.025 btc.
Good Luck.
DO NOT SEND ANY BTC - GAME IS OVER
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