Post
Topic
Board Service Announcements (Altcoins)
Re: [ANN] Altdice.net -Multi coin dice game - Onchain and Offchain - Provably Fair
by
batesresearch
on 20/05/2015, 11:53:23 UTC
Hello everybody.

First, please excuse me for the time I needed to come up with a solution and about my very poor communication.
I took a break because I didn't know how to address the situation. This is the first time something similar happens, I needed time to process the shock and find a suitable solution.
I missed the 1st of May profits payment. I just didn't know how to react.

As I said, the site and I are not going anywhere. I am a responsible person, I will stick to my word, and I'll do my best to find a solution that suits everybody.
The website is running since August 2013 and Altdice is one of the most resilient altcoin dice website over time.

Now, about the event. The offchain dice script was exploited and the site's hot wallets were emptied.
Some coins were stolen. A minor share, but still.

I didn't do the calculations yet, but I believe the stolen amount is somewhere around 1.5-2 BTC.
When that happened, I was unsure of the future of the website. For sure I wouldn't run away with investors funds, but then, what to do ?

I was thinking of selling the website so I can free some of my time and repay the investor without injecting my own funds.
But, I don't really want to give up on AltDice. There is still a lot of room for improvement.

My biggest mistake was to keep the news while I thought of some solution.
I know the first thing I should have done was to communicate about what happened. I am very sorry for this.

What happens now ? Nothing really changes.
I will buy the stolen coins back and cover 100% of the loss.
The profits for April will be paid as they were supposed to be, at the end of this month. So at the end of May investors will receive April and May profits.
Along with the profits payment, I will add 10% of your investment to compensate for the inconvenience and lack of communication.

Also, I will be looking for a new and safe offchain dice script so players can enjoy this game with a large selection of altcoins.

Now that this is posted, I will review and reply to the posts.

AltDice is a legit website. For sure I lack some management skills but I try hard to do my best.
I value honesty a lot, I won't allow that investors who trusted me suffer from any loss of coins.



You don't lack anything, anyone would have panicked and buried their head but not many would have come back! AltDice is an awesome site (Be it a little addictive) but a brilliant service in the crypto world.