Post
Topic
Board Securities
Re: S.DICE - Want a piece of SatoshiDICE? IPO this week before new site launch!
by
dooglus
on 21/08/2012, 18:15:49 UTC
Key Statistics
•   Over 2/3rds of all global Bitcoin transactions are SatoshiDICE. The majority of transactions that have ever occurred on the Bitcoin network are SatoshiDICE. The majority of mining fees ever paid are from SatoshiDICE.
•   6 out of the top 7 Bitcoin addresses are SatoshiDICE
•   The site achieved 1,000,000 bets just three months after launch
•   Averages over 9,300 bets totaling over 4,700 BTC in wagers daily

I'm not sure about these statistics Erik.

•   Since Satoshi Dice started, there have been:
Blockchain Tx:  3365999  :  SatoshiDice Tx: 1943703  (57.7%)
Blockchain MB:  1405.6  :  SatoshiDice Tx: 795.6  (56.6%)

i.e. even since Satoshi Dice has been running it has 'only' been 57.7% of the transactions, so there's no way it's over 66% of all transactions ever.  Also, the blockchain is about 2600 MB and Satoshi Dice accounts for 795 MB of that.  That suggests that Satoshi Dice represents roughly 30% of all transactions ever, not 66%.

•   What is a 'top address'?  There are so many ways you could sort the addresses.  I guess you mean by number of transactions involving the address, but that's not clear.  Maybe by balance held, total coins moved through the address, etc.

•   I thought the millionth bet was in the 4th month not the 3rd.

•   9,300 bets per day times 31 days per month times 3 months is only 864,900 bets.  So how do you get a million bets in 3 months at 9,300 bets per day?

The performance of the site is certainly very impressive, but it would be better to have your statistics be correct too.  There's no need to exaggerate them.