Topic: What do you think, will running a site like this be profitable ? (Read 374 times)

yes it is beneficial for those in the top 10, and do you know, I read the name of the website that makes me dare not to click it, maybe I am the type of person who is alert, you better replace it using  .io domain because most projects use domains. .io

yes, we have to improve the design and have a good domain.
that's what we got from the opinion of many people here.

thanks for your opinion

Investor or Us are the same subject in this case.

No, we do not ask for a deposit from the user, so it confirms that this is not a ponzi scheme.

thanks for your opinion
 

Sorry, I'm too focused on your suggestion to replace MD5 with SHA-256, so I miss the word "you" in there.
I think MD5 or SHA-256 will be the same because we hid Server Seed.
However this is a simple, centralized game and users still need trust in us, but if the number of users is very much later, our chance to cheat is very small.

it's a good idea but it will eliminate temporary pleasure when a user gets a high number.
besides that we also want competition continuously, so that the game is fun.
but we are very interested in applying this idea to other games that we might add later.
previously we also had ideas that were a bit similar to this but might be very complicated to implement now.

NO because people are not going to open that site in the first place. Secondly, profitable for whom? The investors or you? In both cases, it looks like a ponzi scheme to me. Well, thought Ponzi I'd say. I can't really understand the technical implementation as well because all I can read is stuff being hashed over and over again.

You might want to work more on the design and like the others have mentioned, URL. It's not going to fare well in rankings.

Also, a page like that without further explanation on how to win BTC is pretty much a turn-off. At a glance, is it a faucet or GPT? You get the idea.

i didn't say the users are going to exploit it, i said "YOU" are capable of exploiting it since you already have access to the server seed and can create any combination that you like to come up with a result that always wins the pot!
there is a simple solution to it although not perfect, you should add the following steps:
1. set a deadline for participation and after it ended, release the list of all participants and their seed,... so it can not be changed
2. take the first bitcoin block that is found after this deadline and use its block hash as the server seed so that YOU also don't know the server seed.
3. do the rest of the steps for everyone to calculate the winner.

You have missed the server seed that we kept secret.
The purpose of keeping the server seed secret is to prevent someone from doing repeated experiments.

Try to get a big number on our site, so you really understand the whole process.
Later you can tell us again if there is a hole that can be used by someone to be able to get a big number easily.

another flaw in your design is that nothing is stopping you from doing something like this:
this took me about 5 minutes to code and 3 seconds to find a hash bigger than the one you posted. with a little bit of effort you can find a better looking username!

edit: here is another one with your forum username:
another one with a longer seed and bigger number (took ~ 30 seconds):

we don't avoid collisions, which we avoid is the same user producing the same number so if the numbers generated are very high, he can manipulate TOP HASH.
And it is impossible for us to avoid collisions because the range of our hash numbers is 0 to 100000
it means that if 100002 Hash Games have been played, then at least 1 collision has occurred

Our main goal to do all that, is to make it easier for users to prove that this is a truly fair game.
5 bytes hexadecimal number is large enough to produce a unique hash number in our game.
if we use 32 bytes hexadecimal number, then if it is converted to decimal for the user to understand, it will produce a very long decimal number and it will be difficult for most users to be able to prove this game is fair, because most calculators can only accommodate 16 digits .

but we will still consider replacing the algorithm according to your suggestion, because maybe MD5 is indeed inconclusive.

if you have time please explore our site, so we can improve if you think we have to fix it

Thank you very much for your attention
 

security is the first thing that you should consider and a hashing algorithm that was deemed insecure back in 1996 since a collision was found back then is not a safe thing to use in 2019.

you are still converting a hexadecimal number to a decimal number and compare it. you are just doing it with 5 bytes instead of 32. that is why i said "why bother"!

in this case the use of the algorithm is not for security purposes, but to generate a unique hash for all users.
so, MD5 or SHA-256 will work the same way.
but if later many people suggest replacing MD5 with SHA-256, we will consider replacing it.

with the process that we are implementing now, it is still possible for someone to produce 7 times the same Hash Number in 1 round of competition, even though only 1 is valid because we set additional rules relating to it.

if everyone understands like you, maybe it will work, but our users may be from many backgrounds where they are not friendly to hexadecimal numbers.
we try to make it more friendly to everyone, so we need to convert the hexadecimal number to decimal so that it can be better understood by many people.
 

thank you

after you tried 1 Hash Game on our site, I am sure you will think this is different.
but if you believe there is something similar out there, please let me know where, so I can improve some things to make this site more unique.

yes, but with our own version of the "provably fair" system which we think will be easier for everyone to understand later.

we don't want to answer this, sorry
as we all know we still use free subdomain.

 
Thank you for your advice
we have an ANN Thread here : https://bitcointalksearch.org/topic/ann-hash-game-win-free-bitcoin-every-week-5103158
 

yes, this is indeed like a free lottery but we prefer to analogize it with the bitcoin mining process because often lottery sites tend to hide things when they offer something free.
we do not hide anything here, even in the future we plan to publish all revenue from advertising. If you ask why we don't publish now, our answer is that if we publish now it will be even more inconclusive for everyone.

how the ads work is not always like that, some ads companies pay only per impression.
and yes, something that is very easy often does not convince people but it is natural.
Our hope is that later people will start to believe when we start making payments to users.

We do not collect personal information such as e-mails, cellphone numbers and other information, even we do not embed cookies in the user's browser.
the only information we collect is the user's IP Address and it will be deleted from our database after 1 round of hashing competition ends. IP addresses also cannot be sold, because we all know that most ISPs around the world are Dynamic ISPs, where IP addresses are used continuously alternately between those ISP customers.
 

i have two questions.
1. why use MD5? why not use SHA256 which is also safer and just as fast?
2. why such a complicated process? it can be simplified by a lot. for example the following part is completely unnecessary:

the whole process can be like this:
1. take the inputs (meaning user seed and whatever else you want to append to it.
2. perform hash on it. eg. MD5 or SHA256
3. now you have the number which you can compare.
you don't even need to convert it to a number. you just compare two hexadecimal values or actually compare the byte array results of the hash function which is even faster.

Thank you very much for this post
You made us think of making a Tesnet version page.

user seed is generated manually by the user, so user typed manually on the blank input that we have provided.
our intention is that the value of the generated hash number is determined by the user.
 

the biggest risk is that you will lose less than 1 minute of your time each time you try.


the only data we collect is your IP Address, but it will be deleted from our database after 1 round of the hashing competition is complete.

do the following:

1-) have a short domain name that makes it easy for people to memorize

2-) make a site that is beautiful and captivates people's attention

3-) make a video explaining all details of how your idea works and post these video on your site

4-) create an ANN Thread in this forum

Thank you for your honesty and advice
and yes, I did find some ideas and opinions here

Oh, I see
but we get a little traffic.
even some people come back to play.


yes she was right
and thank you for your advice
we need a lot of advice


yes you are absolutely right, we made a very awful website design
but we will try to do better

about background color, do you have a suggestion, what color should we use ?

actually this is not a faucet and also not gambling
this is more like the hashing process in bitcoin mining.
when you mine bitcoin you will be asked to get a very low hash value from the previous block header plus nonce and match the difficulty level set by the network every 2016 block (around 2 weeks)

Well, the difference is that we ask for the highest hash value with the mechanism as we explained above.
we don't use nonce and instead we use the username plus the last 5 characters from the IP Address.
We think that it is enough to give uniqueness to the hash value generated.
But this makes it possible for someone to create same hash value as the previous day if he typed the same user seed.
We are worried that when someone gets a very high hash value and occupies the top position he will repeat his user seed and take several positions in one competition period, therefore we set a rule stating that every 1 username can only get 1 position with prizes.

Look, the concept itself can work, but you are obviously going to need a better website than this one.
It's basically some sort of lottery game, I'm sure that similar games exist.

Are you going to be providing users with a provably fair system?
How much budget do you have to promote this service and for a decent design of your website?

Those are pretty important factors in determining if your idea could be profitable or not.

beforehand, thank you for your attention sir !

yes and that is natural.
I think most people will think so and that's why so many people get fooled in the world of cryptocurrency.
Most people only see from the look and design of amazing websites without thinking of where they will make money.
but again, that is very reasonable.
When you will visit someone's house, of course, you will see his house front yard first.

We ask users to hash the seeds they type themselves plus the seed server that we keep secret up to 1 round (currently 1 week) and add additional seed in the form of a 5 (last) characters generated from MD5 hashing from the username and IP address.

I illustrate the following:

a user with username jossiel did a hash from IP address 123.456.789 with the user seed he types jossielcool
current server seed: abcdefghij (not the real current server seed)

here is the hash calculation of the 4 components above:

first we announce the MD5 hash from the server seed on the announcement button

then we hash the username and last 5 characters from the IP Address with MD5 algorithm.
jossiel6.789 = a179d46727e6d7d52f2f142c21204089
then we hash user seed, server seed and 5 characters of the hash results of jossiel6.789 with MD5 algorithm.

the next format will be like this:

[user seed] [server seed] [MD5 hash of username and last 5 characters of IP Address]

jossielcoolabcdefghij04089 = a9aec968195febbe01cf872ae3604f26

then we take the first 10 characters of MD5 hash jossielcoolabcdefghij04089
we get this hexadecimal number: a9aec96819

then we convert the number to a decimal number.
and now we get numbers : 728781907993

then we divide the number by 10995116.27775

and now we get the number: 66282.3284068202

and one more step, this is the last step
we round the number to the closest integer :
so the jossiel's hash number is 66282

10 results of the user's hash will be displayed on the TOP HASH page, but you must log in to access this page.

to do the above calculation we provide the MD5 Generator page :
https://afreething.000webhostapp.com/md5hashgenerator.php
This page can be accessed without logging in.

but if you are unsure about our MD5 Hash Generator, you can use MD5 Hash Generator elsewhere
--------------------------------------------------------------------

the highest hash possibility of this HASH GAME is 100000
because the highest 10 digit hexadecimal number is FFFFFFFFFF (1099511627775)

1099511627775/10995116.27775 = 100000
--------------------------------------------------------------------
the winner of this HASH GAME is the user with the highest hash number at the end of the period.

Hash Game Reward Distribution :

# Total reward is half of the total revenue from advertising and and our investment program.

# We will divide the total reward into 2 parts, the First Part is 2/3 or 66.66% of the total reward and the Second Part is 1/3 or 33.33% of the total reward. The first part will be distributed to the winners and the second part to the referrer of the winners.

# The user at position 1 on the TOP HASH page will get 50% of the First Part. The user in position 2 will get 50% of the reward obtained by the user in position 1, the user in position 3 will get 50% of the reward obtained by the user in position 2 and so on.

# One user and one bitcoin address can only get 1 position with reward, if there is 1 user who gets more than 1 position with reward then the highest position we will take.

# Not determined the number of positions that will get a reward.

# the smallest reward at the last position that gets a reward is 0.00010000 BTC.

# We can change all the rules if needed. If we change something on this site, we will announce it on the announcement button

but we also have rules, which state that when we consider the reward for the user to be too small, we have the right to delay the distribution of rewards for the next one period.
------------------------------------------------------------------------------

if my explanation is still confusing, don't hesitate to ask me

Thank you
 

Seems like this is a daily lottery site where you'll pick random address to give them Bitcoin. Tbh, it sounds too good to be true and you don't explain how you get that Bitcoin. Let's say you plan to add ads, so every day user must visit some site while you earn from that. But it stills doesn't sound so convincing. What if you use the email data for your own purpose, like selling it? It's risky for users I believe, and maybe only those who doesn't care about their own safety will use this.

Meh. The entire site seems very basic, clicked on it and the registration process was about what you'd expect from any site. If you plan on launching this site, though, I would suggest allowing users to actually view the site and what it's about instead of forcing a login and/or registration for new users, as I would've just left this site upon viewing the initial page if I didn't have the intention of reviewing it.

It may also just be me, but I have no idea what this site is about at all from reading the "How it Works" page. I'm still not sure how to generate a seed to actually enter the game; perhaps a simpler how-to page could be made.

Not much information provided so I'm afraid I will not try to click the link as it is only freehosting, who knows if what kind of data it will collect from us. Also please try to put some effort on creating a thread specially if you are asking for something so people will take you seriously

It's on test mode so using a free hosting is just fine because the main point was getting feedback first at the community (if that is really OP's purpose).

But OP if you will go for LIVE, you need to put an effort of having your own domain + of course the basic design and layouts.

Anyways about your main concern, you need to tell us the details/featured of the site. Don't want to sign up there just to see the inside stuff.

"WIN FREE BITCOIN EVERY WEEK!" - is somehow a questionable banner. It's already telling us now how risky it is.

Wait, before hosting he has to learn at least html/css because what I see here is white backround with some texts, looks very awful. Also can't understand what we have to rate, domain/template = catastrophe. If you want us to rate idea, then I would say that faucets don't work anymore, even it's very hard for freebitco to gain enough attention, at least they were hugely popular some years ago.

To tell you frankly mate your website its looks like unprofessional because of the subdomain and Potato Chips was right. Try to purchase a domain name for your website for sure maybe you can convince people and driving traffic very well, and make a profit.

Try to search on google where to purchase a domain name and spend some amount of money for a domain of your website that looks good.

000webhostapp? You kidding me? I'm looking at that domain name after like 10 years (yes, my first website was made using that service and subdomain name). Trust me, you will never be able to get any traffic to such subdomain.

Not gonna lie, the subdomain doesn't look pleasant in the eyes. If you wanna earn, you need to make everything professional looking and that means spending money upfront, avoid any free web hosting service.

and yes, please just explain your business model in through details here. you'll be able to gather more opinions that way.

By looking at the URL, I'll never going to click that. Can you give more of the description about that website?

What do you think, will running a site like this be profitable ?

this is the website : https://afreething.000webhostapp.com