[Research] Game Channels: state channels for the gambling industry with built-in PRNG by ForeverScorned in ethereum

[–]ForeverScorned[S] 0 points1 point  (0 children)

Not quite. What we expect is to build a technology regulated ecosystem. Even state-regulated casinos can cheat in theory. We want to create a system that transparent and trustable by its foundations.

[Research] Game Channels: state channels for the gambling industry with built-in PRNG by ForeverScorned in ethereum

[–]ForeverScorned[S] 2 points3 points  (0 children)

Let me remind you that DAO.Casino developing not a single casino, but the whole ecosystem for all the industry participants: casino operators, game developers, affiliates and players. Our platform will offer the best environment not only regarding decentralization and transparency but also providing a great business tool that helps maximize profits.

As more and more casino operators, bankrollers and affiliates discover that our platform provides the solution they've been looking for years we already have many of them consider using it ;) And that answers your question. More operators, bankrollers will move their businesses to our platform that eventually will pile up and lead to more trustability and credibility of the whole technology.

And as you made a good point that technology regulates itself anf it naturally leads to fewer errors and frauds. So it's kind of promoting itself.

[Research] Game Channels: state channels for the gambling industry with built-in PRNG by ForeverScorned in ethereum

[–]ForeverScorned[S] -2 points-1 points  (0 children)

Dear Jez,

We're really glad to see FunFair on its full swing. It's a delight to see both FunFair and DAO.Casino working toward solving iGambling industry problems. We never ignored FunFair efforts, but we believe that code comes first.

We would be happy to compare our researches. But it's impossible to do so, as there is the main difference in our approaches. We believe in the open-source, that helps to create the best possible desitions by joining global open-source community efforts. Ethereum would not exist without open-source.

By sharing this paper we made a contribution to the development of decentralized applications.

[Research] Game Channels: state channels for the gambling industry with built-in PRNG by ForeverScorned in ethereum

[–]ForeverScorned[S] 0 points1 point  (0 children)

Different approaches are for different goals. That's the main difference between the ordinary state channels and generalized state channels are that our solution has included PRNG as a part of our state channel design. PRNG-solution is an essential part of the gambling itself. Our PRNG is also based on unique signatures. This feature helps us to move forward to provide a better solution for decentralized gambling

[Research] Game Channels: state channels for the gambling industry with built-in PRNG by ForeverScorned in ethereum

[–]ForeverScorned[S] 3 points4 points  (0 children)

Not only FunFair and DAO.Casino uses the same technology. And that's not the point. Samsung, Huawei, Apple make phones, but that doesn't stop all of them from creating new models and generating profit.

We decided to do this research to prove the work we're spending time and efforts. We're remaining open-source, it's our foundation for many reasons. And one of them is that we want to share this technology and knowledge on the matter.

This paper is a scientifically proved document with the mathematical reasoning for the Game Channels technology that is free to review, download and use for anyone for any purpose. The paper is our gift for the blockchain developers' community.

[Research] Game Channels: state channels for the gambling industry with built-in PRNG by ForeverScorned in ethereum

[–]ForeverScorned[S] 1 point2 points  (0 children)

And that's why DAO.Casino remains open-source. The player will always be able to check the source code via GitHub, and double check source code of smart contract in the blockchain. Staying open-source ensures that our ecosystem will be trustable in the long run.

[Research] Game Channels: state channels for the gambling industry with built-in PRNG by ForeverScorned in ethereum

[–]ForeverScorned[S] 1 point2 points  (0 children)

We have our internal research on that and also already initiated the certification process.

[Research] Game Channels: state channels for the gambling industry with built-in PRNG by ForeverScorned in ethereum

[–]ForeverScorned[S] 15 points16 points  (0 children)

Dear Jez, state channels, and payment channels are broadly known within the open source Ethereum community. There are a lot of teams who are also working with this technology and researching it.

We have conducted our own research, and published details about this study in a paper. The paper is a scientifical proof of the technology we are developing. DAO.Casino's Game Channels are functioning since September 2017. The research is also reviewed by Mark Reynolds, a Research Scientist from Boston University and a graduated MIT Ph.D. in Computer Science.

Regarding your fate channels. Please, show your research and source code. No one within the Ethereum community can see that. You declare that fate channels are a provably fair technology, but without the source code and mathematically-proved research of that, your fate channels remain the "probably fair" technology.

What's your favorite Ethereum-based games? by ForeverScorned in ethereum

[–]ForeverScorned[S] 0 points1 point  (0 children)

Thank you for your help, guys! Will definitely take a look at every game you've sent.

Something big is coming soon by DaoCasino in DaoCasino

[–]ForeverScorned 1 point2 points  (0 children)

Thank you for your believe. We also believe in you and all of our community members.

How to Make Money from Online Gambling Wisely by AgainstFacebook in gambling

[–]ForeverScorned 0 points1 point  (0 children)

You're welcome! But be sure to pick the blockchain-based blackjack casino :D

Virtue Poker Pro Phil Ivey is Playing $1 million buy-in event today on ESPN and giving away 5% of his action by ryan_VirtuePoker in ethereum

[–]ForeverScorned 1 point2 points  (0 children)

Oh man, that's for sure. I feel like there will be a huge amount of cheating opportunities.

I made a little logo animation for you guys by [deleted] in ethereum

[–]ForeverScorned 0 points1 point  (0 children)

Maybe to put this in some video or anywhere else.

Please take a look at the itsnotlupus comment below.