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Topic: Satoshicarnival - Please Withdraw Funds - Auction to sell the site Starting Soon - page 6. (Read 17812 times)

member
Activity: 112
Merit: 10
It seems the activity is still similar to what it was before the downtime, that is nice to see.



Yeah it seems so which is nice. I also noticed the house roll has been growing too!
legendary
Activity: 1106
Merit: 1005
It seems the activity is still similar to what it was before the downtime, that is nice to see.

sr. member
Activity: 434
Merit: 250
4CF803EFC1ED our hot wallet withdrawals were turned off.  They are now back on please try your withdrawal again and it will go through instantly.

Thank you
member
Activity: 112
Merit: 10
Glad to see you back online! I wish you all nothing but the best Smiley
W-M
full member
Activity: 210
Merit: 100
In Crypto we Trust.
As for the new method we calculate our hashes:

We now use the HMAC-variant of SHA-512.



The new way the bet result is calculated:
Code:
$message=$nonce.":".$player_seed.":".$nonce;
$secret=$nonce.":".$server_seed.":".$nonce;

$hash=hash_hmac('sha512',$message,$secret);


$hash=substr($hash, 0, 7);
$number=hexdec($hash);
$roll=1+$number%$dice_faces;
return $roll;

To prove that the new system works well, you can compare our resulting hashes with an external system such as https://www.freeformatter.com/hmac-generator.html.

New documentation in our FAQ and a more readable fairness section in our bet details window will follow in the next couple of days.


~W-M
legendary
Activity: 1106
Merit: 1005
Thanks all for fixing it so quickly and professionally.

I am glad the site is back on track.
sr. member
Activity: 434
Merit: 250
Okay, after 2 long days, we are back online!

All bankrollers who incurred losses from the incident will have their reimbursement information posted in their wallet window first thing tomorrow.

If there are any issues at any time, please post them either here or email us as we cannot promise seeing all the chat information.

That's it.

Good luck, have fun, and happy planet hunting! Smiley
legendary
Activity: 1106
Merit: 1005
Thank you, looking forward to it.

Have tried to refresh for a while now but no luck still

sr. member
Activity: 434
Merit: 250
We will be implementing the following commissions changes at re-launch, which is likely to occur within a few hours:

  • House commissions will change to 15%
  • Current bankroller reimbursements will increase by 10% so the amount received over time will be 1.1x the current losses incurred as a result of these recent events

Down the road, as we begin to release more games with higher house edges, increased minimum bets, other great features and the marketing surrounding them, we will re-consider the commissions % at that time.

The more relevant statistic for bankrollers is ROI over time.  This statistic is not only a reflection of the house commissions.  It is in fact the culmination of many factors, one of which is the house commissions. 

We feel that bankrollers will have significant ROI potential on our site, as it currently is, and even moreso as it develops.  Of course that is a decision bankrollers will have to make for themselves.  Please remember to never risk more then you can afford to lose either as a bankroller or as a player.

Thank you, expect us to be re-launched within a few hours.
legendary
Activity: 1106
Merit: 1005
Well, i think the profits will still be fine, but 20% is still a rather large commission in my opinion.

I hope that you will at least reduce it a little for investors who stick with you for the long term. (for example -1% commission per year that you are an investor with a minimum of 10% (or 5%) commission or so).

That way you also reward the persons who have been with you through good and bad times, instead of rewarding everyone equally, even if they just join when things are going well and leave you at times you need them most.

It's ultimately your decision, but i'm just venting my opinion.
sr. member
Activity: 434
Merit: 250
Well, i hope so.

But it would be nice gesture to support the bankrollers (and maybe players as well) who show their support even after these events.

We are by re-launching with a much more secure and strengthened platform with many enjoyable and profitable experiences to come.

This event should only increase the confidence and optimism in our potential and offering.  

Thank you and to others for your support.  We will continue to show a level of dedication and development to reward all players and bankrollers for joining us in this quest to be the #1 bitcoin gambling venue.

The increased commissions will also allow for more site magnets such as generous facet system, more marketing especially around new games, and other rewards.

Again, we believe bankrollers will experience returns they will be pleased with one year from now.

legendary
Activity: 1106
Merit: 1005
Well, i hope so.

But it would be nice gesture to support the bankrollers (and maybe players as well) who show their support even after these events.
sr. member
Activity: 434
Merit: 250
Seem to be good updates in general, but i'm not too sure about the 2.5% house edge / 20% commission.

That is basically punishing future gamblers and investors for the loss in the past.

I know you want to make profit, but it's better to not overdo it, or you will not get many gamblers on these games.

I'd suggest 15% commission and 1.5~2% house edge on the other games, with maybe some exceptions for games that have a high amount of variance in order to reduce risk.

It's better to have profit build up over time by growing a large userbase that will come back regularly rather than trying to take a quick profit. With some patience this website could become bigger than JD ever was if you just keep focused.

The house edges planned were already at that value.  The future games are not dice games and are much different experiences.

The commissions will be more the made up for with the increased enjoyment, play and revenues to come.

We have no doubt bankrollers will experience significant returns in time, this will show itself to be true on its own.
legendary
Activity: 1106
Merit: 1005
Seem to be good updates in general, but i'm not too sure about the 2.5% house edge / 20% commission.

That is basically punishing future gamblers and investors for the loss in the past.

I know you want to make profit, but it's better to not overdo it, or you will not get many gamblers on these games.

I'd suggest 15% commission and 1.5~2% house edge on the other games, with maybe some exceptions for games that have a high amount of variance in order to reduce risk.

It's better to have profit build up over time by growing a large userbase that will come back regularly rather than trying to take a quick profit. With some patience this website could become bigger than JD ever was if you just keep focused.

Maybe you could also have a little higher commission for a while to cover the losses and extra advertising, but once the website gained in popularity and advertising is less critical you could award the long term investors with a slightly lower commission based on how long they have been investing.
sr. member
Activity: 434
Merit: 250
Update 6/28/14

Changes you will notice at re-launch

  • New hashing algorithm - hmac sha512
  • 15% commissions
  • Current bankroller reimbursements as a result of these recent events will be increased by 10% so they receive 1.1x their incurred losses over time
  • IP logging
  • Admin manual suspension of individual accounts including betting as well as withdrawing
  • Roll back of bets to point previous the crisis including bankroller commissions

Changes still to come at some point after the re-launch

  • Auto kill-switches of betting and withdrawals at x% thresholds within y time intervals
  • Our regularly scheduled lag-related modifications and other features such as ease of visitor access, a visual faucet lottery system, new game etc

Why 15% commissions?

  • 3 partners working diligently to provide a secure and enjoyable experience with many features available and still to come
  • Many new games incoming, all of which will be 2.5% house edge
  • A lot of marketing planned to come
  • Expected house profit of ~.65% which will increase greatly when new games arrive at 2.5% house edge and a higher minimum bet then the current game

Why HMAC sha512?

We have changed to the new standard method of hashing, namely HMAC sha512, we are confident it is the proper encryption solution for our purposes.

We will be re-launching at some point today ET, perhaps even UTC, will keep you all up to date.  

Thank you.

EDIT - We will also be implementing a 90%/10% cold/hot wallet split.  In our opinion, this is a better balance between security and instant withdrawals and our members should not notice much difference as a result of this augmented security measure.
W-M
full member
Activity: 210
Merit: 100
In Crypto we Trust.
You should be using sha512hmac() it's designed for seed-key combinations.
Thank you, Kuji Kiri.

Although using HMAC would not have prevented this specific issue from happening, Cristian and I are looking into other ways to strengthen our hashing algorithm. We will seriously consider implementing HMAC-based hashing.
legendary
Activity: 1106
Merit: 1005
By the way, I just wanted to let you know it's not possible for me to log in from ipad because of I can not paste the signed message from 2FA in the box. When I try to click on the box the keyboard from my ipad will block the view of the box and I am unable to click it.



do you mean right now?  you should not be able to login atm from anywhere.

you are describing an ipad issue in general however that will be relevant again when we are back online.

I meant earlier that day, before I went to school
legendary
Activity: 1106
Merit: 1005
unfortunatly i did leave on autobet the whole night,so maybe im the player B zimmah reffered to Sad

Autobetting does not make you a scammer. (But it can help scammers hide behind you because they can hide their wins and suspicious bets in between a lot of fast bets).

But feel free to auto bet any time, the problem has been solved and we will still keep a look for any suspicious behavior, auto betting is not suspicious in any way.
member
Activity: 113
Merit: 12
Today I was off because i had to do an exam!
I CANNOT BELIEVE IN THAT!
I'm so sorry, because last night I was betting until late...but i didn't notice anything (I bet with "leaderboard" tab open, because I have some issue and lagging if I have "all bets" tab opened! So i did not pay attention on suspicious betting!!)
Cryptolemming we are with you! Stupid lamers....
sr. member
Activity: 434
Merit: 250
It has been a long day and I will only be up for another couple hours processing withdrawals if anyone would like one now.  Have had only one request so far.

Will return to processing them tomorrow morning or you can wait until we are back online as well.  We should be back up and running some time tomorrow.

Thanks.
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