Quote from: blockage on January 27, 2015, 11:45:37 AM

Quote from: Kprawn on January 27, 2015, 06:10:51 AM

Quote from: csmcanarney on January 27, 2015, 01:14:27 AM

Quote from: Mist on January 27, 2015, 12:34:44 AM

Yeah, I'm pretty sure Ryan is still all for adding investing. Not sure when its coming out though, he seems to be preoccupied with Vault (his other project)

Investments are actually one of the core features of Vault. From what I understand MoneyPot will migrate to Vault for bankroll and user balance management once it is stable enough. Other sites gambling sites will also be able to use Vault in the same way.

Just like MoneyPot, Vault is open source, so you can inspect the code and follow the progress on its GitHub page, if you're curious.

Github is not saying a lot, just that it's kind of a new wallet. What will be the main purpose of the "Vault"? How secure are the money currently stored in the MoneyPot game, or is this one of the issues they are trying to solve with "Vault"?

Main purpose of vault is to be a gambling wallet and investment wallet for multiple games including MoneyPot. I believe Ryan is trying to expand. Security-wise there's nothing which is improved in vault I believe.

The current situation on MoneyPot is the following AFAIK: Most of the funds are held in cold storage. I believe Ryan is using a trezor for cold storage as he mentioned using one multiple times in the chat. Cold storage addresses are not public and are not reused.
User deposit addresses are BIP32 addresses derived using the user id and are part of the hot wallet. Once the hot wallet has too much coins, some are spilled over to the cold storage. Idk exactly at which amount though.

Pretty nifty and clever system...