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Author Topic: [ANN] NeoDICE - asset 18184274154437352348 issuer NXT-XRK4-5HYK-5965-9FH4Z  (Read 29354 times)

jl777

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http://neodice.com

NeoDICE is a fair betting game running on NXT blockchain. It relies upon an action-acquired know-how designed by Come-from-Beyond.

The neoDice gameplay is similar to that of the legendary satoshiDice, with a few differences, the most important one been the near realtime processing of the wagers.




FEATURES

- The game can be played via any NXT client supporting assets transfer and does not require any dedicated software or website.

- based on the Come-from-Beyond's know-how, neoDICE processes unconfirmed transactions, making the game nearly instantanious.

- To determine winning or losing bets, neoDICE calculates SHA-3 hash of a combination of the transaction ID and a daily secret -- a number unknown to  the player. The previous day's secret as well as the hash of the current day's secret is published, providing for an easy way to verify wagers outcomes.

- The entire betting history is stored on the NXT blockchain ensuring the game's integrity and fairness.

- NeoDICE is as anonymous as players's NXT account number. It does not require any additional registration or authentication.

- NeoDICE is scheduled to become a part of the SuperNET reference client, ensuring the exposure to the wider-than-NXT crypto audience.

- NeoDICE house edge will be optimized to maximize dividends and is expected to start at 0.99%.
 



DEVELOPMENT STATUS:

NeoDICE is being actively coded by several developers represented by hash. jl777 and C-f-B are the project consultants.

Currently the neoDICE project successfully completed the proof of concept stage.

The upcoming milestones and tentative timeline:

Mid. OctoberBeta testing starts
Beginning of November    Release of the game on the mainnet, playable via NXT client and SuperNET GUI
Mid. NovemberRelease of neoDICE plugin for NXT client and SuperNET GUI
Mid. DecemberRelease of the neoDICE website, allowing gameplay without NXT client




NeoDICE ASSET:

100% of revenues will be distributed to assetholders. This was based on my advice and the fact that the developers and maintainers will HODL sizable NeoDICE means the low operating overhead from decentralized architecture will be able to be covered from the dividends. This method perfectly aligns the interests of asset buyers and the developers and removes any issues about what the overhead costs will be.

Initial distribution of shares:
5% NXTventure dividend, 5% SuperNET dividend, 45% Developers & maintainers, 40% Privatebet, 5% JLH
« Last Edit: October 01, 2014, 06:10:06 am by jl777 »
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jones

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I wish that 'know how' was available publically, some cool stuff could be made with being able to accept unconfirmed transactions with certainty.
at some point after this is established, would you consider posting the method publically?
-- Jones NXT-RJU8-JSNR-H9J4-2KWKY

jl777

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I wish that 'know how' was available publically, some cool stuff could be made with being able to accept unconfirmed transactions with certainty.
at some point after this is established, would you consider posting the method publically?
If you volunteer to code a generic version to create a verifiable random number distribution for Privatebet, then you would need to be given access to implement this.

Also, it does not allow to accept any unconfirmed tx, but there are mechanisms to detect attempts cheat, so this technique can be extended to create a statistical distribution, but not necessarily allow for accepting unconfirmed tx.

James
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a7594li

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cool!  Chinese QQ Group:288790337
« Last Edit: September 28, 2014, 01:17:13 am by a7594li »
LOWER FEES TO 0.1NXT PLS (:

allwelder

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Great.Bet is coming.
I think bet is a great method for using NXT like satoshiDice did.
« Last Edit: September 28, 2014, 12:40:37 am by allwelder »
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prometheus

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is there a known date for when assets will be distributed?

jl777

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is there a known date for when assets will be distributed?
no

and I wont announce any specific ex-dividend time or block
it will arrive when it does, until then it is not there

so you will know when it arrives in your acct

James
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jones

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I wish that 'know how' was available publically, some cool stuff could be made with being able to accept unconfirmed transactions with certainty.
at some point after this is established, would you consider posting the method publically?
If you volunteer to code a generic version to create a verifiable random number distribution for Privatebet, then you would need to be given access to implement this.

Also, it does not allow to accept any unconfirmed tx, but there are mechanisms to detect attempts cheat, so this technique can be extended to create a statistical distribution, but not necessarily allow for accepting unconfirmed tx.

James
sounds like some cool code, I doubt I have the experience with C code (I assume that's what is used) to make something like this, I am not a simple C programmer  ;D

I will give it some thought on how this is done, i always like having something to think about, with probably random numbers and fraud transaction finding, this should be good.
-- Jones NXT-RJU8-JSNR-H9J4-2KWKY

a7594li

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LOWER FEES TO 0.1NXT PLS (:

jl777

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I wish that 'know how' was available publically, some cool stuff could be made with being able to accept unconfirmed transactions with certainty.
at some point after this is established, would you consider posting the method publically?
If you volunteer to code a generic version to create a verifiable random number distribution for Privatebet, then you would need to be given access to implement this.

Also, it does not allow to accept any unconfirmed tx, but there are mechanisms to detect attempts cheat, so this technique can be extended to create a statistical distribution, but not necessarily allow for accepting unconfirmed tx.

James
sounds like some cool code, I doubt I have the experience with C code (I assume that's what is used) to make something like this, I am not a simple C programmer  ;D

I will give it some thought on how this is done, i always like having something to think about, with probably random numbers and fraud transaction finding, this should be good.
I am not doing the dev work, so it is not in C
probably some higher level language.
hash would know

in any case the language is secondary, the method is the key
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allwelder

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jl777

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There are 98'894 unredeemed TOKEN assets so that is 6000+ NeoDICE assets that will be donated to valarmg as the dividend account will receive the NeoDICE dividend

I am sure valarmg wont mind if you delay your redemption of TOKEN <-> SuperNET

If you have TOKEN on NXT AE, send it to: NXT-7Y5B-J8LQ-SL5P-3ULFL (alias: RedeemTOKEN)
It will be converted to SuperNET and sent back to your account within 24 hours. It is done via a manual process run by valarmg

The dividend can happen at any time, no complaints if you miss your dividend due to delay converting TOKEN


James
There are over 1000 people in SuperNET slack! http://slackinvite.supernet.org/ automatically sends you an invite

I am just a simple C programmer

buybitcoinscanada

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« Last Edit: October 15, 2014, 11:04:22 pm by buybitcoinscanada »

jl777

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There are 98'894 unredeemed TOKEN assets so that is 6000+ NeoDICE assets that will be donated to valarmg as the dividend account will receive the NeoDICE dividend

I am sure valarmg wont mind if you delay your redemption of TOKEN <-> SuperNET

If you have TOKEN on NXT AE, send it to: NXT-7Y5B-J8LQ-SL5P-3ULFL (alias: RedeemTOKEN)
It will be converted to SuperNET and sent back to your account within 24 hours. It is done via a manual process run by valarmg

The dividend can happen at any time, no complaints if you miss your dividend due to delay converting TOKEN


James

This is bs. I'm out of the country before token redemption started and not back until monday. Could be any of several legitimate reasons that people arent able to redeem their supernet tokens right away and you threaten to confiscate their dividends?. Give one good reason why you cant just correlate unredeemed token assets to the accounts and send out dividends to them or simply wait until all/most supernet tokens are redeemed.
The rate of token redemption has fallen to where it looks like it will take weeks, if not longer.

First of all, this is a surprise dividend that came out of the blue, so it isnt really a confiscation.

However, I can promise to not dividend out before Tuesday. If anybody else needs more time, we can certainly make arrangements, but manually processing 100+ dividends is a lot of work and my goal is to get all the TOKEN redeemed as soon as possible

James
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satoshi

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 Give one good reason why you cant just correlate unredeemed token assets to the accounts and send out dividends to them or simply wait until all/most supernet tokens are redeemed.

imho, this is jl777 method to encourage token holders to redeem.

I am sure 100,000 token holders are not travelling :)
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a7594li

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LOWER FEES TO 0.1NXT PLS (:

jl777

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allwelder

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Hi,Chinese translation of the post:https://nxtforum.org/(chinese)/neodice-nxt/
Thanks for translation.
You're welcome,I would be very grateful if you give a tip.LOL
PM me your address
Thanks for jL777's generous tip.
@a7594li  Let's do more to let more ppl know better about Nxt and related asset as we talked with QQ.

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