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From what I can tell the Ethereum component is confined to the entry fee and payout currency. This helps solve one of the biggest issues with skill based cash
by EnFinlay 10y ago
From what I can tell the Ethereum component is confined to the entry fee and payout currency. This helps solve one of the biggest issues with skill based cash gaming, since there is much less friction when it comes to spending a cryptocurrency vs cash dollars, and people view it as more disposable/ephemeral.
I doubt the game involves miner verification.
Edit: Read the linked blog post. "Provably Fair" since there's a verifier that takes the seed and user inputs and replays the game to find the score. Depending how it's implemented this could introduce new issues and holes. Most importantly it makes the verifier a rate limiting step and puts an upper limit on the complexity of games. Interesting stuff.
- davidgerard 10y ago"Provably fair" gambling with that sort of guarantee has been standard in the Bitcoin world for a few years now. Of course, the ethically-challenged are endlessly creative, so there are cons you can do with that too - e.g., biasing any numbers the player didn't grab the hash for: https://bitcointalk.org/index.php?topic=948965.0 https://bitcointalk.org/index.php?topic=948965.0
- EnFinlay 10y agoIn my experience (I could be wrong) most provably fair bitcoin gambling games don't require user interaction. It's just a seed that has a deterministic output. This type of provably fair is a different beast, as far as I can see.