Post
Topic
Board Gambling
Re: bustabit.com -- The Social Gambling Game (formerly moneypot.com)
by
oryeger
on 04/12/2015, 11:29:14 UTC
Hi Ryan, I have been trying to figure out the engine behind that makes this game provably fair.
I have read the FAQ and the thread about  "Fair Seeding Event".

I understood that you have generated 10 million hashes (with a private key and the hash from an arbitrary block set in the future).
And I understand that you play the game backwards from the 10th million hash to the 1st.
The thing I fail to understand is how the bust odd is derived from the hash that is played at the moment.

here is a quote from dooglus:
Quote
Moneypot will play through that chain of hashes, in reverse order, and use the hashes to determine the crash point in a provably fair manner.
here is a quote from the FAQ:
Quote
Third, it works out what the multiplier would be if there was no house edge.

I know i`m missing a component/level to understand it and I hope you or anyone else can explain it to me in ELI5 form.