Re:Launch HN: Yotta Savings (YC S20) – Behavioral psychology...
by conanbatt on Thursday July 09, 2020 @10:49PM
(#23787663)
You can do provably fair gambling by using cryptography to show the generation was not tampered with. It was common in bitcoin gambling sites that had no other way to prove they were (somewhat) legit.
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Re:Launch HN: Yotta Savings (YC S20) – Behavioral psychology...
by parkaboy on Friday July 10, 2020 @11:48AM
(#23792746)
This 100%, and from the articles I've read on it, it doesn't look too difficult to implement.
Re:Launch HN: Yotta Savings (YC S20) – Behavioral psychology...
by TheAdamAndChe on Friday July 10, 2020 @01:47PM
(#23794200)
While this may be cryptographically sound(I haven't looked into it), it's not a viable solution since it won't be trusted or understood by the majority of their target demographic.
Re:Launch HN: Yotta Savings (YC S20) – Behavioral psychology...
by angrais on Friday July 10, 2020 @05:29PM
(#23796722)
Surely it depends how they would frame it? I'd imagine they wouldn't lead with "Cryptographically secure with BitCoin .."
Re:Launch HN: Yotta Savings (YC S20) – Behavioral psychology...
by conanbatt on Sunday July 12, 2020 @09:54AM
(#23811299)
An auditable system doesn't need everyone to do the audit: you want it for anyone to be able to audit, and for some to do it.
It's also very easy to provide the auditing tool. (I did it, long ago. Basically a form.)