How vDice works?
It is a fully decentralized gambling game. It is completely decentralized.
Its only possible because of Ethereum and the Blockchain. There are no servers.
You send a bet to the Smart Contract. The Smart Contract processes the bet. The Smart Contract sends back your win, automatically.
Nobody touches your money. You dont have to trust anybody with your money. Its just you and the Smart Contract. We believe this is the future of gambling.
Couldn't someone just replicate the smart contracts in this case then?
Sure, in the same way that someone can just replicate the bitcoin code base too. But, as we all know, in open source, a Dapp is more than just its code base.
Go for it though. We'd welcome the competition. We're quite sure we would win the business and operations side of things.