thinking of creating a bitcoin lottery: jackgbtc

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: psy112 on September 06, 2015, 04:30:54 PM

Quote from: jackg on September 06, 2015, 12:44:18 PM

Quote from: Ditto on September 06, 2015, 11:47:28 AM

Quote from: DaddyMonsi on September 06, 2015, 10:53:06 AM

Quote from: jackg on September 06, 2015, 10:50:01 AM

This would be a bitcoin lottery where there is always three winners:
first prize: 50% of all of the money deposited
second prize: 20% of all the money deposited
third prize: 10% of all of the money deposited

Price of 1 ticket 0.1mbtc

Any ideas?

where are you going to base the winning numbers or draw the winning combination? from a legit lottery?

Block hashes, possibly?

I was thinking about using a random number generator from python and putting the raw number output onto a thread that I created for the bitcoin lottery, along with the spreadsheet of the week's players and tickets!

how would we know if it's provably fair?

I was thinking of asking fo rthe user's email to notify them if they win and to leave feedback on the thread. I will also post a LIVE spreadsheet that I will edit each day to show the next winners!

AFK

hero member

Activity: 756

Merit: 513

Quote from: jackg on September 06, 2015, 10:50:01 AM

This would be a bitcoin lottery where there is always three winners:
first prize: 50% of all of the money deposited
second prize: 20% of all the money deposited
third prize: 10% of all of the money deposited

Price of 1 ticket 0.1mbtc

Any ideas?

if you don't mind add the funds held by escrow then better if you held your funds seems no one trust you

psy112

sr. member

Activity: 346

Merit: 250

psygambler

Quote from: jackg on September 06, 2015, 12:44:18 PM

Quote from: Ditto on September 06, 2015, 11:47:28 AM

Quote from: DaddyMonsi on September 06, 2015, 10:53:06 AM

Quote from: jackg on September 06, 2015, 10:50:01 AM

This would be a bitcoin lottery where there is always three winners:
first prize: 50% of all of the money deposited
second prize: 20% of all the money deposited
third prize: 10% of all of the money deposited

Price of 1 ticket 0.1mbtc

Any ideas?

where are you going to base the winning numbers or draw the winning combination? from a legit lottery?

Block hashes, possibly?

I was thinking about using a random number generator from python and putting the raw number output onto a thread that I created for the bitcoin lottery, along with the spreadsheet of the week's players and tickets!

how would we know if it's provably fair?

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: Ditto on September 06, 2015, 11:47:28 AM

Quote from: DaddyMonsi on September 06, 2015, 10:53:06 AM

Quote from: jackg on September 06, 2015, 10:50:01 AM

This would be a bitcoin lottery where there is always three winners:
first prize: 50% of all of the money deposited
second prize: 20% of all the money deposited
third prize: 10% of all of the money deposited

Price of 1 ticket 0.1mbtc

Any ideas?

where are you going to base the winning numbers or draw the winning combination? from a legit lottery?

Block hashes, possibly?

I was thinking about using a random number generator from python and putting the raw number output onto a thread that I created for the bitcoin lottery, along with the spreadsheet of the week's players and tickets!

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: GermanGiant on September 06, 2015, 11:28:00 AM

Quote from: jackg on September 06, 2015, 11:19:39 AM

I will use a personally run program that will select one of the numbers in use for that week and the person will be sent the bitcoins as soon as the draw has been completed. I will tehn post on a thread on this website, the three winners for that week and the evidence for these from blockchain.info's website.

I will also base the product on this website until i get enough interest to make it sufficient to run it on a webserver. (It, like the bitcoin network: will therefore be decentralised and stored on google and a computer) I will use google drive's forms and documents as no confidential information will be stored and will use coinbase to store all of the entrats until again I get enough interest and find out how to create a program which will count the number of input from each bitcoin address!

How is this even remotely related to bitcoin mining ?

IT said generating bitcoins in the topic, beneath bitcoin mining so i figured this was a good place to put it, i may have been worng in that decision regretably

Ditto

sr. member

Activity: 330

Merit: 250

Quote from: DaddyMonsi on September 06, 2015, 10:53:06 AM

Quote from: jackg on September 06, 2015, 10:50:01 AM

This would be a bitcoin lottery where there is always three winners:
first prize: 50% of all of the money deposited
second prize: 20% of all the money deposited
third prize: 10% of all of the money deposited

Price of 1 ticket 0.1mbtc

Any ideas?

where are you going to base the winning numbers or draw the winning combination? from a legit lottery?

Block hashes, possibly?

DanielRo

hero member

Activity: 694

Merit: 501

I'll tell you what a Bitcoin lotery means.
Buy two S3 units, put them on ckpool solo mining pool and wait one year. If you will find a block, which is statistically posible you are the lucky winner of about 25 BTC.

GermanGiant

hero member

Activity: 784

Merit: 501

Quote from: jackg on September 06, 2015, 11:19:39 AM

I will use a personally run program that will select one of the numbers in use for that week and the person will be sent the bitcoins as soon as the draw has been completed. I will tehn post on a thread on this website, the three winners for that week and the evidence for these from blockchain.info's website.

I will also base the product on this website until i get enough interest to make it sufficient to run it on a webserver. (It, like the bitcoin network: will therefore be decentralised and stored on google and a computer) I will use google drive's forms and documents as no confidential information will be stored and will use coinbase to store all of the entrats until again I get enough interest and find out how to create a program which will count the number of input from each bitcoin address!

How is this even remotely related to bitcoin mining ?

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

I will use a personally run program that will select one of the numbers in use for that week and the person will be sent the bitcoins as soon as the draw has been completed. I will tehn post on a thread on this website, the three winners for that week and the evidence for these from blockchain.info's website.

I will also base the product on this website until i get enough interest to make it sufficient to run it on a webserver. (It, like the bitcoin network: will therefore be decentralised and stored on google and a computer) I will use google drive's forms and documents as no confidential information will be stored and will use coinbase to store all of the entrats until again I get enough interest and find out how to create a program which will count the number of input from each bitcoin address!

psy112

sr. member

Activity: 346

Merit: 250

psygambler

Quote from: DaddyMonsi on September 06, 2015, 10:53:06 AM

Quote from: jackg on September 06, 2015, 10:50:01 AM

This would be a bitcoin lottery where there is always three winners:
first prize: 50% of all of the money deposited
second prize: 20% of all the money deposited
third prize: 10% of all of the money deposited

Price of 1 ticket 0.1mbtc

Any ideas?

where are you going to base the winning numbers or draw the winning combination? from a legit lottery?

SatoshiSplit uses the Carolina Pick 3 daytime drawing numbers

DaddyMonsi

legendary

Activity: 1344

Merit: 1006

Quote from: jackg on September 06, 2015, 10:50:01 AM

This would be a bitcoin lottery where there is always three winners:
first prize: 50% of all of the money deposited
second prize: 20% of all the money deposited
third prize: 10% of all of the money deposited

Price of 1 ticket 0.1mbtc

Any ideas?

where are you going to base the winning numbers or draw the winning combination? from a legit lottery?

psy112

sr. member

Activity: 346

Merit: 250

psygambler

Like this http://www.satoshisplit.com/ ?

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

This would be a bitcoin lottery where there is always three winners:
first prize: 50% of all of the money deposited
second prize: 20% of all the money deposited
third prize: 10% of all of the money deposited

Price of 1 ticket 0.1mbtc

Any ideas?

Topic: thinking of creating a bitcoin lottery: jackgbtc (Read 626 times)