Post
Topic
Board Gambling
Re: RaffleBit.com --> High-paced bitcoin raffles for fun!
by
bitlotto
on 09/08/2011, 12:19:38 UTC
http://www.rafflebit.com/faq.php

When a round starts, the 3 winners of that round are chosen. The source of the winning ticket numbers is random.org, which uses ambient atmospheric signals to generate random numbers. The winning tickets are converted to a tiger192,4 hash, and the winning ticket string for the last round released after it ends. This enables you, the user, to verify that we, the operators, aren't monkeying around!
Can you give an example from a previous round showing all the steps so I can see how it's done? I'm still not certain what the hash accomplishes or how exactly you are picking the winning ticket.