Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] Fire Lotto - International blockchain LOTTERY
by
OrangePotato
on 19/03/2018, 17:40:54 UTC
I understand correctly that thanks to the blockchain, the lottery will be fair? It turns out, it is impossible to forge the results of the lottery.
No source codes are available, no data flow and execution diagrams too. So it is hard to say if lottery results can be manipulated or not. They claim that they are 100% decentralized but suspicions are that some centralized servers and involved. Product is not autonomous so some people and/or server(s) are needed to make them running ... and it can stop at any time if those (centralized) services will be not available.
I'm surprised.. Without open source codes, it is very difficult to gain the trust of large investors. And as it will be difficult to attract customers.
This is really strange. The whole point of such a lottery then disappears. It's easier to go buy a regular lottery ticket. There must be transparency with the blockchain.

i don't think that buying a regular lottery ticket it the best way out. they're even more muddy than firelotto. the history knows many incidents of unfair drawings... so i don't trust them. as for firelotto, i guess it's a bit riskily to spill the beans yet, competitors never rest.

yes, you have to understand that hidden parameters is just a temporary thing. and ofc, you correctly emphasized that it's reasonable enough. unfortunately it's like a red flag to the bull for the scammers who just can't realise competition principles.