Post
Topic
Board Announcements (Altcoins)
Re: What is EOSbet?
by
kidelvis
on 25/09/2018, 14:22:39 UTC
Just a new prospect, just like any other new thing running on blockchain, you can't tell where it's headed. But here is what they claim happens when you place a bet.

Every bet you place with us is secured by our novel randomness generation technique. You may submit your own seed, or leave it blank. Your bet will receive a unique ID in a smart contract, which will be signed by our server with a predetermined secret key.

This signature will be passed back to the smart contract before being verified that the correct secret signing key was used. The contract will then derive a deterministic random number from the signature, which will be used to resolve your bet.