Post
Topic
Board Gambling
Re: SatoshiDICE.com - The World's Most Popular Bitcoin Game
by
fireduck
on 04/12/2012, 02:52:10 UTC
++



you guys are contradicting each other ?

so i was right you are running out of funds... regardless i can't see the harm in running my php martingale script at min .001 if im paying the .0005 tx fee can some one explain to me how that is bad ? what effect it has on satoshi dice or the network itself ? i would think overall it would be a good thing for the network increasing traffic

I'll explain in further detail.  I was talking about running about available funds, by which I mean confirmed funds.  We prefer to send bet returns with confirmed funds since they are more likely to confirm faster and be a better user experience.  To get an example, lets say soemone bets 0.001 BTC and they win 0.0005 BTC.  So we need to pay them.  Lets say we have an unspent of 5 BTC and we happen to use that.  So the change back to us from that transaction will be something like 4.995 BTC but we don't want to use that until it confirms.  So in this way each bet (big or small) limits our ability to pay other bets.  So we decided it was no longer in our interest to support very small bets, below 0.01 BTC.  People tend to place a flurry of these small bets and it limits our ability to quickly respond to other transactions.  So we can have plenty of funds and still run of out confirmed funds.

As far as being screwed (not sure who claimed that first), it is our choice to decide what services we offer and what limits we put on them.  Does Costco screw anyone by not selling toilet paper one roll at a time? No, they just simply make a choice about what makes sense for their business and you can shop there or not.